Markets

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 […]

GE will retain its lucrative digital business—not spin it off, as had been planned—but it will sharpen the division’s focus on four key markets, including electric utilities and power generation, GE Digital CEO Pat Byrne told customers in an Oct. 31 letter. “I want to affirm that GE Digital is staying in GE,” Byrne wrote. […]

The future of energy is electric. It is a future that is evolving rapidly, bringing significant changes. Traditional suppliers are scrambling to stake their claims and remain relevant. Market trends point

Market forces are playing as much if not more of a role than regulatory policy in the transition from fossil-fueled power generation to renewables, as utilities in the U.S. and worldwide establish decarbonization goals. That was the message from Bill Ritter Jr., former governor of Colorado, during his keynote address at POWER’s Distributed Energy Conference […]

Attorneys general from 11 states ramped up pressure on the Federal Energy Regulatory Commission (FERC) to recognize state policy goals as it makes decisions related to market design, siting of new gas pipelines and storage facilities, and grid reliability.  The measure is the latest in a string of recent pushes by states to ensure federally […]