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Markets


Entergy Moves Heavily on Hydrogen for Gas Turbines, Nuclear

Entergy Corp., an integrated energy company with a 30-GW power generating fleet, took a bold step toward decarbonization on Sept. 23, announcing it would join forces with Mitsubishi Power to…



GE Throws in the Towel on Coal-Fired Power

GE said it will exit the new-build coal power market, subject to applicable consultation requirements. “GE’s Steam Power business will work with customers on existing obligations as it pursues this…


DOE Issues Emergency Order to Alleviate California Power Crisis

The U.S. Department of Energy (DOE) on Sept. 6 took the rare but drastic action of issuing an emergency order under the Federal Power Act (FPA) to authorize the maximum…


Big Oil Makes Concerted Push into Power

BP made headlines in early August when it announced it wants to develop about 50 GW of net renewable generating capacity by 2030—a 20-fold increase from the 2.5 GW deployed…


Fixed-Volume Hedges Help Bring Revenue Certainty

With a lack of attractive solar power purchase agreements (PPAs) available in the market, project owners have been seeking alternative arrangements to secure long-term revenue certainty. One alternative is a…


POWER Digest [September 2020]

Milestone for First 700-MW Domestically Built Indian Nuclear Reactor. Unit 3 of the Kakrapar nuclear power plant in the Indian state of Gujarat—an indigenously designed 700-MW pressurized heavy water reactor…