News and Notes
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News and Notes
10 Reasons to Attend a Conference Tailored to Digitalization in the Power Sector
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 […]
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News and Notes
POWER Digest [May 2024]
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
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Legal & Regulatory
Federal U.S. Power Sector Initiatives Went Full Throttle in April: Here’s the List
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 […]
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News and Notes
POWER Digest [March 2024]
Dominion Secures Final Approvals for 2.6-GW Offshore Wind Project. Dominion Energy on Jan. 30 said it received the last two major federal approvals needed to kick off construction of its 2.6-GW Coastal
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News and Notes
AEP Abruptly Replaces CEO, Calpine Unveils Leadership Transition
American Electric Power (AEP) and Calpine Corp. separately announced significant leadership reshuffles on Feb. 27, marking new chapters for the power giants. Investor-owned utility AEP, with immediate effectiveness, removed AEP Chair, President, and CEO Julie Sloat, appointing Benjamin G.S. Fowke III, an AEP Board of Directors member and the former chairman and CEO of Xcel Energy, […]
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News and Notes
UK Nuclear Recap: Major Funding for GEH’s SMR and Sizewell C as Hinkley Point C Suffers New Hefty Delays
Over the past week, the UK government stepped up its nuclear agenda, doling out a £33.6 million grant under its Future Nuclear Enabling Fund to support GE Hitachi Nuclear Energy (GEH)’s BWRX-300 while also announcing a substantial £1.3 billion investment in the proposed 3.2-GW Sizewell C nuclear project. The developments, aimed at potentially tripling the […]
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News and Notes
POWER Digest [January 2024]
Azerbaijan’s First Utility-Scale Solar Project Online. Officials in Azerbaijan in November announced the country’s first and largest utility-scale solar photovoltaic power plant is now operating. The
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Commentary
2023: A Transformative Year for Small Modular Nuclear Reactors
The small modular reactor (SMR) concept has long been viewed by many within the nuclear sector and by policymakers as somewhat of an arriviste—an upstart with bold promises but lacking credibility and a track record. SMRs were touted to save the nuclear industry from its original sins of delays and cost overruns, typical for all […]
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News and Notes
World Bank Approves $1B Loan to Advance South Africa’s Power Sector Reforms
The World Bank on Oct. 25 granted South Africa a $1 billion developmental policy loan (DPL) as a significant measure to help the country address its debilitating energy crisis, and encourage it to transition
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News and Notes
POWER Digest [December 2023]
Kenya Set to Expand Hydropower Project. Kenya Electricity Generating Co. (KenGen) said it received approval from government officials to move forward with the Gogo hydropower redevelopment project. The Gogo