International
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Trends
10 Near-Term Global Power Sector Trends
While 2021 provided its own share of extraordinary energy debacles, Russia’s invasion of Ukraine in early 2022 cascaded into full-blown energy turmoil. This year will begin with the world “in the midst of
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Nuclear
Being Pro-Nuclear Won’t Be Enough—Here’s Why
Nuclear energy—not just nuclear power—is seeing a burst of innovation unlike anything seen since the 1950s. While the strong momentum for the dispatchable zero-carbon energy source is promising, prominent pitfalls threaten necessary progress.
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News
Egypt Uses COP27 to Announce Large-Scale Renewable, Hydrogen Projects
The recent United Nations (UN) COP27 climate conference in Egypt was host to several announcements of large-scale renewable energy projects, including one of the world’s largest wind farms, along with an
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Wind
Vestas’ Year-End Deals Include Wind Projects in U.S., Brazil, Ireland
Major wind turbine manufacturer Vestas has announced several deals as the company ends 2022, including what the Danish company calls the largest wind project in Latin America, along with a U.S. onshore wind repowering project. The announcements come as the wind power industry continues to be challenged by several factors, including equipment supply chain problems […]
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O&M
The 12 Most-Read POWER Global Monitor Articles of 2022
Every month, POWER magazine publishes several articles in its Global Monitor section covering topics important to the electric power generation industry. The articles typically feature interesting updates on progress made at notable projects around the world, big policy changes, or promising research and development (R&D) news. Short notes about major contracts are also touched on […]
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Nuclear
GE Hitachi Formally Enters BWRX-300 SMR in UK Race for New Nuclear
GE Hitachi Nuclear Energy (GEH) has submitted a Generic Design Assessment (GDA) entry application for its BWRX-300 small modular reactor (SMR) to UK authorities, kicking off a key regulatory process that could give the advanced nuclear technology a competitive edge as the country races to potentially triple its nuclear capacity to up to 24 GW by […]
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Offshore Wind
Vattenfall Will Build 1.3-GW Offshore Wind Farm Near Finland
Vattenfall, the Sweden-based multinational power company, will build and operate Finland’s first gigascale offshore wind farm as part of a joint venture with Finnish state-owned seabed and forest management group Metsähallitus. The project announced Dec. 20 is the 1.3-GW Korsnäs plant in the Bay of Bothnia, which sits between Sweden and Finland in the Baltic […]
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Solar
New Report Shows EU Solar Installations Rise Nearly 50%
A new report from industry group SolarPower Europe shows that solar installations in the European Union increased by almost 50% year-over-year in 2022, to a record 41.4 GW of generation capacity. “The numbers are clear. Solar is offering a lifeline amid energy and climate crises,” said Walburga Hemetsberger, CEO of SolarPower Europe. “No other energy […]
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Power
Increasing Energy Security: Optimizing Today’s Energy Operations and Investing in Renewables for the Future
Countries’ timelines to becoming energy secure and reaching net-zero targets have shortened. Major contributing factors include COVID-19’s impact on supply chains and the war in Ukraine. Alongside this are external influences such as COP27, or the landmark U.S. Climate Bill, which will direct almost $370 billion toward rapidly scaling renewable energy production and reducing emissions. Already, intergovernmental […]
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Press Releases
ELPEDISON Chooses GE Digital Software to Help Ensure Greece’s Access to Reliable Energy
SAN RAMON, Calif. – December 13, 2022 – GE Digital, an energy software leader, today announced that ELPEDISON S.A., the first independent energy producer in Greece, has chosen its cloud-based Asset Performance Management (APM) Reliability application to improve the reliability of its combined cycle fleet. The software will be installed at ELPEDISON’s Thisvi and Thessaloniki power plants, […]
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