News and Notes

Tuesday’s election, which will return Donald Trump to the White House and grant the U.S. Senate a Republican majority, could have sizeable implications for the power industry. In reactions sent to POWER, industry groups expressed a combination of cautious optimism, resilience, and preparedness for potential changes. Industry leaders are bracing for a pro-fossil fuel agenda […]

Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an Oct. 25 financial filing said it received proceeds of $2.6 billion for the sale. The amount represents “reimbursement of approximately 50% of project-to-date capital investment.” […]

UPDATED (Oct. 11): The National Oceanic and Atmospheric Administration (NOAA) has upgraded its G4-level “severe” geomagnetic storm watch to a G3-level “strong” geomagnetic storm warning after an anticipated coronal mass ejection (CME) arrived at Earth at 11:15 a.m. EST on Thursday, traveling at nearly 1.5 million miles per hour. The G3-level warning is now in […]

Electric cooperatives across the Southeast describe Hurricane Helene’s devastation as vast and unprecedented, warning that restoring some crucial infrastructure serving the not-for-profit entities’ customers will take a long and arduous process. In a call with reporters on Oct. 1—five days after the massive Category 4 storm made landfall—co-op leaders serving customers in Florida, Georgia, South […]

China Completes World’s Largest Pumped Storage Facility. China has completed the 3.6-GW Fengning Pumped Storage Power Station, in Hebei province. Operated by the State Grid Corp. of China (SGCC), the

Malaysia Slightly Moves Up Timeframe for Coal Phaseout. Malaysia will halve its coal use by 2035 and phase out coal generation by 2044, slightly earlier than previously anticipated by the country’s National

Industry visionary to lead the next phase of innovation and growth AUSTIN, Texas (May 29, 2024) — Enverus, the most trusted energy-dedicated SaaS and generative AI company, today announced the promotion of Manuj Nikhanj to the position of CEO, effective July 1, 2024. Nikhanj, who currently serves as Enverus’ president, will succeed Jeff Hughes, who […]

Anticipation is mounting for the Connected Plant Conference (CPC), POWER and Chemical Engineering’s digitalization event, scheduled to take place next week, May 20–22, 2024, near Houston, Texas. If you are a professional in the power industry, here are 10 reasons you should attend the industry event that is uniquely focused deeply on the practical and business-oriented […]

IRENA: 70% Global Renewable Deployment Led by Asia in 2023. Global renewable deployment over 2023 reached a total capacity of 3,870 GW—a new record in the power sector, according to the International

The Biden administration has unveiled several sweeping actions over the past month aimed at boosting clean energy deployment, enhancing manufacturing jobs, and reducing pollutant emissions across the power sector. The measures—many announced as part of a comprehensive Earth Week agenda on April 25—are notable for their strategic push in an election year, highlighting the administration’s […]