Markets
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Trends
EPRI Head: Duck Curve Now Looks Like a Canyon
The “duck curve,” a concept that has become emblematic of the challenges associated with integrating variable renewables in the power system, now looks like a “canyon,” illustrating a paramount urgency for adequate flexibility, Arshad Mansoor, president and CEO of the Electric Power Research Institute (EPRI), has warned. In a recent post on LinkedIn, Mansoor highlighted […]
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Commentary
Will New Business Models Topple VPP Roadblocks?
My job has made me a frequent flyer, but I can’t imagine stepping onto a plane without confidence in the air traffic control system and its complex interplay of regulation, technology, communications, scheduling, and human expertise. Many obstacles were overcome to achieve modern aviation—and the same is true where I work: today’s electric grid. Virtual […]
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Markets
Challenges with Optimizing Generation Assets in New World with Large Renewable Mix
New rules, regulations, and legislation are changing the way U.S. utilities generate electricity. First, there was the Clean Power Plan (CPP), which was passed by the Environmental Protection Agency (EPA) in 2015. This was replaced in 2019 by the EPA’s Affordable Clean Energy (ACE) rule. Both policies aim to reduce and limit carbon dioxide emissions […]
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Energy Security
Western Energy Imbalance Market Gains Three Participants, Including First Generation-Only Entity
The Western Energy Imbalance Market (WEIM), a real-time energy market operated by the California Independent System Operator (CAISO), has gained three new participants, including its first generation-only entity. CAISO on April 5 announced the Western Area Power Administration (WAPA) Desert Southwest region, El Paso Electric (EPE), and AVANGRID have formally begun participation in the WEIM. […]
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Geothermal
Startups Are Shaking Up Geothermal Power’s Prospects
Driven by ripe market conditions, technology startups are injecting investment and innovation into geothermal power to unlock novel applications that could substantially scale up the niche renewable power
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Renewables
Working with EPC Contractors: Guidance for Utilities Embarking on Solar Development
Engineering, procurement, and construction (EPC) contractors deliver many benefits to power projects. Besides the experience they bring that can help keep schedules on track, they often have longstanding
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Nuclear
China Begins Operation of First CGN Hualong One Nuclear Reactor
The first Hualong One unit, a 1,180-MWe nuclear reactor designed by China General Nuclear (CGN), is now operational at the company’s Guangxi Fangchenggang Nuclear Power Station in western China’s Guangxi Autonomous Region. Fangchenggang Nuclear Power Plant is 39% owned by Guangxi Investment Group and 61% by CGN. The plant plans to house six 1,000-MWe reactors, […]
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Nuclear
Last Energy Secures PPAs for 34 SMR Nuclear Power Plants in Poland and the UK
Last Energy, a U.S.-based micro modular nuclear technology firm and project developer, has secured power purchase agreements (PPAs) for 34 PWR-20 small modular reactor (SMR) units with four industrial partners in the UK and Poland. The deals, which represent a combined $18.9 in power sales, mark “the largest pipeline of new nuclear power plants under […]
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Legal & Regulatory
EPA Projects Final ‘Good Neighbor Plan’ Will Result in 14 GW of Coal Retirements
The Environmental Protection Agency (EPA) on March 15 issued the final “Good Neighbor Plan,” its latest iteration of the Cross-State Air Pollution Rule (CSAPR) that could require coal, oil, or gas steam power plants in 22 states to reduce their nitrogen oxide (NOx) emissions levels by 50% by 2027 compared to the 2021 ozone season. […]
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Press Releases
PJM Paper Adds to Reliability Warnings
Washington, D.C. – In a recent letter to PJM Interconnection, America’s Power explained that near-term coal plant retirements could be three times greater than PJM anticipates in its recent white paper, thereby increasing the risk of electricity shortages. The PJM paper examines the disconnect between increasing coal retirements, growing electricity demand, and the slow addition […]
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Coal
EPA Rolls Out More Stringent Effluent Limitations Guidelines for Coal Power Plants
The Environmental Protection Agency (EPA) is proposing more stringent discharge standards for three types of coal power plant wastewater as part of an update to its Effluent Limitations Guidelines (ELGs). However, the agency also proposed compliance flexibilities, and in a separate direct final rule, moved to extend a deadline to allow more coal plants to […]
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News
X-energy and Dow Will Deploy a 320-MWe Xe-100 Nuclear Facility at Gulf Coast Site
X-energy will demonstrate its four-unit 320-MWe Xe-100 advanced nuclear reactor facility under the Department of Energy’s (DOE’s) Advanced Reactor Demonstration Program (ARDP) at a Dow site in the U.S. Gulf Coast region by the end of the decade—not in Washington State as originally planned. The shakeup stems from a joint development agreement (JDA) the nuclear […]
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O&M
The Challenges and Opportunities Facing Power Companies Today
The power system is changing and electricity suppliers need to adapt or get left behind. Experts weigh in on what leaders should be focusing on and how these items will affect utilities in the future. The
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Infographics
THE BIG PICTURE: U.S. Combined Heat and Power and Microgrids
As of December 2022, the Department of Energy (DOE) CHP Installation Database recorded 4,674 combined heat and power (CHP) installations in the U.S., with a combined capacity of 80.4 GW. Installations were all sizes, from large industrial systems that are hundreds of megawatts to small commercial microturbine and fuel cell systems that are tens of […]
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Gas
First LNG-Fired CCGT Unit Begins Operation at JERA’s Giant Modernized Gas Plant in Japan
Japanese power generator JERA has launched commercial operation of the first of three liquefied natural gas (LNG)–fueled 650-MW combined cycle gas turbine (CCGT) units that will modernize the Anegasaki Thermal Power Station, a mammoth 3.2-GW, six-unit gas and oil power plant in Chiba Prefecture. The new Anegasaki Thermal Power Station Unit 1, opened on Feb. […]
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Nuclear
Major Nuclear Players Team on Innovative Construction Delivery Approach for BWRX-300 SMR at Darlington
Ontario Power Generation (OPG), GE Hitachi Nuclear Energy (GEH), SNC-Lavalin, and Aecon have signed a trailblazing six-year alliance agreement designed to bolster the deployment of a BWRX-300 small modular reactor (SMR) at the Darlington New Nuclear Project (DNNP) in Clarington, Ontario. The contract unveiled on Jan. 27—a year after OPG selected GEH’s BWRX-300 for the […]
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Wind
Siemens Gamesa Posts Nearly $1 Billion Quarterly Loss
Siemens Gamesa chief executive Jochen Eickholt acknowledged equipment failures in both the company’s onshore and offshore wind turbines, leading to higher warranty provisions, contributed to a nearly $1 billion net loss for the company in the last three months of 2022. Eickholt on Feb. 2 said the company’s October to December—the group’s fiscal first quarter—loss […]
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Commentary
Why Solar Parks Are in Desperate Need of Good Publicity
Americans have much to gain from having a solar project installed in their local community, but their relationship with solar energy is hardly a love affair. The infamous NIMBY (not in my backyard) phenomenon
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Ocean/Marine
Pioneering U.S. Wave Energy Power Plant Unveiled
One of the first U.S.-based wave energy power plants is set to be deployed at AltaSea’s 35-acre campus located at the Port of Los Angeles. Israeli firm Eco Wave Power, which unveiled the project on Jan. 12, said the AltaSea pilot would help the company make inroads in the U.S. Eco Wave’s onshore wave energy […]
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Press Releases
CPV Announces Launch of CPV Retail Energy Platform
SUGAR LAND, Texas (January 5, 2023) – Competitive Power Ventures (CPV) announced the launch of its retail energy platform, CPV Retail Energy, which will initially serve as a retail electric provider for commercial and industrial customers in states within the PJM market and eventually expand into New York and New England. CPV Retail Energy builds […]
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Commentary
Are We Headed for a Reliability Train Wreck?
So far, utilities have announced plans to retire some 93,000 MW (nameplate) of coal—almost half the existing coal fleet—by the end of this decade. Coal retirements combined with increasing penetration of
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Energy Security
Bulk Power System Deficiencies During Winter Storm Elliot Prompt Inquiries
Assessments are underway to pin down factors that prompted emergencies, tight grid conditions, and even load-shedding by major entities as Winter Storm Elliot bore down on the North American bulk power system (BPS) this past week. The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corp. (NERC), and regional entities affiliated with […]
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Power Demand
Arctic Blast Roiling Reliability in TVA, MISO, SPP, PJM
An Arctic blast felt by a large portion of North America is causing reliability turmoil within some segments in its bulk power system, forcing reliability coordinators to declare emergencies, issue conservation warnings, or shed load. TVA, Grappling With Demand Surge, Resorted to Load Shed Temperatures averaging the single digits across the Tennessee Valley Authority (TVA) […]
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Nuclear
GE Hitachi Formally Enters BWRX-300 SMR in UK Race for New Nuclear
GE Hitachi Nuclear Energy (GEH) has submitted a Generic Design Assessment (GDA) entry application for its BWRX-300 small modular reactor (SMR) to UK authorities, kicking off a key regulatory process that could give the advanced nuclear technology a competitive edge as the country races to potentially triple its nuclear capacity to up to 24 GW by […]
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Nuclear
Three Nuclear Giants Will Vie for Czech Republic’s Dukovany Expansion
Competition for a new unit of up to 1.2 GW at the Czech Republic’s Dukovany nuclear power plant site has stepped up, with France’s EDF, South Korea’s Korea Hydro & Nuclear Power (KHNP), and a Westinghouse-Bechtel team submitting initial bids, Czech utility ČEZ, said on Nov. 30. Elektrárna Dukovany II, a. s. (EDU II), a […]
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Nuclear
How Does Uranium Price Increase Affect Nuclear Power Plant Profitability?
Uranium has been one of the best-performing asset classes in 2022, according to data supplied by HANetf’s Sprott Uranium Miners UCITS ETF (URNM). In fact, the uranium spot price has increased 24.12% during the year through Oct. 31, according to the fund. October was a particularly strong month for uranium oxide (U3O8), which is used […]
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Nuclear
Potential Deal Brewing for Second Polish Nuclear Plant Based on South Korean Technology
Days after Poland chose Westinghouse to supply its AP1000 technology to the country’s first nuclear plant in Pomerania, northern Poland, the government and two Polish energy firms signed a letter of intent with Korea Hydro & Nuclear Power (KHNP) to “push ahead” with development of a second nuclear plant based on APR1400 technology in Pątnów, […]
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Trends
Blue Ammonia Production Efforts for Fuel Supply, Exports in High Gear Along U.S. Gulf Coast
Energy giants Chevron and Uniper are pairing with chemical technology companies Air Liquide and LyondellBasell to explore a hydrogen and ammonia production facility along the U.S. Gulf Coast that could support industrial decarbonization and mobility applications in the region and expand clean ammonia exports. The companies, in a joint statement on Oct. 19, said they […]
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Solar
Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables
Unexpectedly steep financial losses suffered by the U.S. renewables market owing to a barrage of extreme weather events over the past summer suggest that project hardening strategies aren’t going far enough, a major renewables insurer is warning. GCube, an international insurer for wind, solar, wave, hydro, and tidal projects around the world in an update […]
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History
A Legacy of Quality Reporting: POWER Turns 140
POWER magazine is celebrating its 140th anniversary this month. All I can say is “Wow! What an incredible run!”; And, it’s not over yet—we plan to continue putting out a top-notch publication