Markets

Mitsubishi Hitachi Power Systems (MHPS) has bagged an order for the first advanced-class gas turbines designed to transition to renewable hydrogen fuel from Utah’s state-owned Intermountain Power Agency (IPA). MHPS’s Lake Mary, Florida–based subsidiary MHPS Americas (MHPSA) on March 10 said that the contract for two M501JAC power trains are the first in the industry […]

In an exclusive interview, executives from Silicon Valley–based Oklo, a company Idaho National Laboratory (INL) chose this week to demonstrate the first-of-its-kind use of recycled high-assay, low-enriched uranium (HALEU) fuel in its full-size Aurora micro-reactor, told POWER that the project could have broad implications for the future of nuclear power. Marking a significant boost for […]

Oklo, developer of a 1.5-MW passive compact fast reactor, will be the first to receive high-assay, low-enriched uranium (HALEU) nuclear fuel from Idaho National Laboratory (INL) to aid a first-of-its-kind demonstration of its Aurora microreactor, which could begin in 2024. Marking a significant boost for advanced nuclear innovation, which industry experts are banking on to […]

Responding to a request from a Democrat-led U.S. House committee, the federal International Trade Commission (ITC) is investigating how New England’s increasing renewable targets are economically affecting the region, and what role renewable imports play in meeting those commitments. The ITC, an independent, nonpartisan and quasi-judicial federal agency that also provides fact-finding as it relates […]

Given current trends, the U.S. gas turbine industry is set to play a critically important role in power generation, aircraft propulsion, and the oil and gas industry “for decades to come,” but it could benefit from prioritized research and development (R&D) and technological leadership, a new report from the National Academies of Sciences, Engineering, and […]

Yucca Mountain, the 1987 Congressionally appointed deep geologic repository for spent nuclear fuel (SNF), may be officially dead; transmission assets held by the Tennessee Valley Authority (TVA) and three Power Marketing Administrations (PMAs) will be put up for sale; and hundreds of millions of dollars in unobligated balances for flagship programs like the Advanced Research […]

The past week saw interesting developments worldwide for nuclear new builds, small modular reactors (SMRs), and advanced nuclear fuel. Highlighted here: A third U.S. utility will use Framatome’s ATRIUM 11 fuel design; Barakah 1 in the United Arab Emirates is on the cusp of startup; South Africa’s Eskom said it wants to dispose of PBMR […]

With subsidies running short and emissions regulations still a challenge, the promise of biomass as a sustainable source for utility-scale power generation remains elusive. Yet, there are novel applications

Community solar refers to local solar facilities shared by multiple subscribers who receive credit on their electricity bills for their share of the power produced. Community solar allows homeowners, renters

Germany’s federal cabinet on Jan. 29 approved a nationwide phaseout of coal power generation by 2038, paving the way for the country, which has already initiated a nuclear phaseout, to rely even more heavily on renewables. The federal cabinet’s approval of the “Reduction and Termination of Coal Power Generation” (Gesetz zur Reduzierung und zur Beendigung der […]

We live in the age of automation and artificial intelligence. We need smartphones with long-lasting battery backup. We demand computers with higher computing power. In short, we require more and more energy. And when it comes to energy, we often turn to the most sustainable power alternative: solar energy. Its abundance is not the only […]

Sunflower Electric Power Corp. has abandoned plans to build the $2.8 billion Holcomb Expansion after its partner on the 895-MW coal-fired power plant project in Kansas, Tri-State Generation and Transmission Association, announced it would no longer pursue the project. Sunflower said on Jan. 15 it will allow the project’s air permit, for which it once […]

The U.S. Energy Information Administration (EIA) in its first forecast for 2021 suggests the share of renewables in the utility-scale U.S. power generation mix will surge to 22%, up from 17% last year, while coal and nuclear’s shares will be further diminished. According to the agency’s latest Short-Term Energy Outlook (STEO), released Jan. 14, coal’s […]

PJM Interconnection will not run a base residual auction (BRA) until the Federal Energy Regulatory Commission (FERC) approves recalculated Minimum Offer Price Rule (MOPR) floor prices for new and existing resources as directed by the federal entity’s ground-shaking Dec. 19 capacity market order. But when that will occur is still highly uncertain. In a presentation […]

Dominion Energy’s proposed 2.64-GW Virginia Offshore Wind project—the world’s largest single offshore wind project proposed to date—will likely feature turbines supplied by Siemens Gamesa Renewable Energy (SGRE). A Jan. 7-announced preferred supplier agreement signed by the two companies could give the wind turbine maker a stronghold in the burgeoning offshore wind U.S. market. While the […]

The past 10 years have been filled with trials and tribulations for both the nuclear and coal power industries. From accidents to plant closures there has been little to cheer about. Still, nuclear and coal power continue to provide reliable baseload generation to billions of customers around the globe. Here’s a look back at the […]

According to the International Energy Agency’s (IEA’s) World Energy Outlook 2019, solar photovoltaic (PV) is set to become the largest source of installed electrical capacity in about 2035, if countries pursue policies as planned. By 2040, solar could make up 24% of global installed capacity—up from 7% in 2018—but its share of generation could hover […]

The coal power industry acknowledges that to play a stable role in future power markets, it needs to modernize, and perhaps even overhaul its long-held status as a “conventional generator.” Could new

The 2019 United Nations Climate Change Conference (COP25), held in December in Madrid, Spain, showcased politicians and activists vying for the title of the world’s climate savior. In particular, youth

Every one of the 13 decades that POWER magazine has been in print has been definitive for electric generation technology, policy, and business in some significant way, but few have been as transformative as the 2010s. The decade opened just as the global economy began to crawl toward recovery from a historically unprecedented downturn that […]

On Dec. 19, the Federal Energy Regulatory Commission (FERC) directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources, including renewables backed by state portfolio standards. It’s the latest of a series of dramatic revisions to the grid operator’s rule, which essentially functions to provide a minimum […]

A divided Federal Energy Regulatory Commission (FERC) issued a long-awaited order on Dec. 19 in which it directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources. The order will have a significant impact on PJM’s capacity market. While it was no surprise that the decision immediately […]

Significant and rapid changes that are reshaping North America’s power sector will likely leave Texas and Ontario, Canada, with supply shortfalls over the next decade, and energy deficiencies could also occur during off-peak conditions in the Midcontinent Independent System Operator (MISO) area and the Western Electricity Coordinating Council (WECC) region, the North American Electric Reliability […]

Japanese technology conglomerate Hitachi will withdraw from Mitsubishi Hitachi Power Systems (MHPS), a joint venture it established in 2014 with another power equipment giant, Mitsubishi Heavy Industries (MHI), over a dispute stemming from construction of two massive defect-ridden coal plants in South Africa. Under a Dec. 18-announced settlement reached by MHI and Hitachi, Hitachi will […]

Terrestrial Energy’s Integral Molten Salt Reactor (IMSR), a 195-MWe Generation IV nuclear technology, and NuScale’s small modular reactor (SMR) may be the focus of the first joint technical review by U.S. and Canadian nuclear regulators in a bid to boost their regulatory effectiveness as more advanced reactors and SMRs trundle toward commercialization.  Rumina Velshi, president […]

The New York Independent System Operator (NYISO) has proposed incorporating the social cost of carbon into the wholesale price of electricity. According to an October-released study conducted by the consulting firm Analysis Group, “A carbon price in NYISO’s competitive wholesale power markets can help deliver New York’s clean-energy transition in faster, cheaper, more reliable, more […]

GOTHENBURG, SWEDEN – December 3, 2019 – KraftPowercon Sweden AB (https://kraftpowercon.com/) announces the acquisition of 100 percent ownership of Marsulex Environmental Technologies Corporation (MET). U.S.-based MET is a technology leader in Air Quality Control Systems (AQCS), specifically in the control of particulate (dust) and gaseous emissions from power plants and industrial boilers. For more than […]

Floating offshore wind made a remarkable splash this fall. As two much-watched projects sailed toward construction, optimism about the industry’s accelerated growth was buoyed by projections from the

Israeli Group Supports Construction of 1.3-GW Gas-Fired Plant. The Israeli National Infrastructure Committee on Nov. 4 approved a plan to build Israel’s largest privately run power plant, saying the facility

Falling natural gas prices tamped down annual U.S. wholesale power prices over the last decade by $7/MWh to $53/MWh—to a much higher degree compared to the impact of wind and solar growth—a new report from Lawrence Berkeley National Lab (LBNL) suggests.  The Nov. 20–published report, The Impact of Wind, Solar, and Other Factors on Wholesale Power […]