Markets
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Video
[VIDEO] An Iconic Nuclear Plant Shuts Down
The Oyster Creek Nuclear Generating Station in New Jersey, the oldest operating nuclear plant in the U.S., was shut down on September 17, 2018. For more, see “Oldest U.S. Nuclear Plant Shuts Down.” Visit our video archive
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Nuclear
IAEA: Global Nuclear Power Industry Is ‘Struggling’
Nuclear power’s share of the world’s power generating mix could shrink dramatically from 10% in 2017 to just 5.6% in 2050 as the industry struggles with “reduced competitiveness,” the International Atomic Energy Agency (IAEA) suggested in a new report. The international organization based in Vienna, Austria, that works to promote the peaceful use of nuclear […]
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Commentary
Searching for Relief from the Headaches Facing the Merchant Power Sector
Unlike their regulated counterparts, merchant power generators have increasingly struggled to compete over the last few years and the outlook for many is that this won’t change any time soon. While regulated power companies often enjoy near monopolies in their respective markets, merchant power companies build out their power generating capacity on a speculative basis […]
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IIOT Power
The Electricity Bill Paradox
Driven by increased energy efficiency and the relocation of electricity-intensive industries, electricity demand and consumption has steadily declined in many developed markets during the last decade, according to the International Energy Agency (IEA). Yet middle- and working-class households, as well as small businesses, are spending more of their income on electricity than their parents’ generation. […]
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Nuclear
Crucial to Decarbonization, Costs Dim Prospects for Nuclear Power
A Massachusetts Institute of Technology (MIT) interdisciplinary study found that nuclear power has the potential to contribute greatly to the achievement of deep decarbonization goals, yet despite its promise, cost hinders the expansion of nuclear power. “The Future of Nuclear Energy in a Carbon-Constrained World” was released on September 3. It is the eighth in […]
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Supply Chains
Japan Program for Reuse of Nuclear MOX Fuel in Doubt
The Japanese government has pushed for the reuse of mixed-oxide (MOX) fuel in the country’s nuclear reactors, but utilities that finance the reprocessing have not funded those operations since fiscal year 2016, according to financial reports released by the power companies on September 2. Japan’s KYODO News reported that sources said 10 utilities, including Tokyo […]
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T&D
A Wind Experiment: The Hornsdale Wind Farm
Along with producing power from 99 turbines, the 309-MW Hornsdale Wind Farm in South Australia has helped trial new technologies that could ramp up power system security and reliability. At first glance, the
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Renewables
Let the Sun Shine In: Where Is Solar Power Headed?
The Solar Energy Industries Association, the national trade association for the U.S. solar industry, reports that solar power has grown in the U.S. at a compounded annual rate of 59% since the solar investment
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Renewables
Australia Braces for Power System Transformation, Disruptions
The inaugural integrated system plan (ISP) released by Australia’s Energy Market Operator (AEMO) in mid-July warns that the country is in the midst of a “transformative and unprecedented” rate of change
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Renewables
It’s Time for a Macro-Grid Overlay in the U.S.
The U.S. power system is separated into three major components—the Western Interconnection, the Eastern Interconnection, and the Electric Reliability Council of Texas. The three operate almost independently