At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future. In mid-May…
Markets
An expansion of New York’s Clean Energy Standard (CES) approved by the state’s Public Service Commission (PSC) adopts several measures that will help the state meet its new, more ambitious…
Buoyed by two major developments last week for prospective customers, NuScale Power is maintaining “strong program momentum” toward commercialization of its small modular reactor (SMR) technology, the company told POWER. …
Doubling down on its net-zero efforts, Duke Energy will retire all coal-only units in the Carolinas, multiply its renewable portfolio, and cease emitting methane in its natural gas business by…
DTE’s new Central Energy Plant will energize a flexible and high-tech revamp of Ford Motor Co.’s Research and Engineering campus in Dearborn, Michigan. Because it goes beyond the envelope of…
Though a lesser discussed power-to-x solution, power-to-heat technologies are already mature, commercially available, and market competitive. And they are already making an impact on the power sector. Much discussion over…
The U.S. power industry lacks forward-looking ways to measure grid resiliency and traditional reliability metrics could become irrelevant as more intermittent generation inundates the bulk power system. But rather than…
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 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…
The Federal Energy Regulatory Commission’s (FERC’s) ruling on Sept. 4, 2020, rejected, in a three-to-one decision, the New York Independent System Operator's (NYISO) proposal to change its capacity market rules,…