News
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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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Energy Storage
Billionaire-backed ‘Iron-Air’ Battery Maker Picks WV Site for First Factory
A battery manufacturing company with plenty of high-profile financial backing said it has picked a site for its first factory that will build “iron-air” batteries. Form Energy touts its technology as a breakthrough for long-duration storage of solar and wind power. Form, which counts Microsoft founder Bill Gates, Amazon’s Jeff Bezos, and British tycoon Richard […]
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Gas
NET Power Consolidates Business to Gear Up for Allam Cycle Power Plant Deployment
NET Power will combine with Rice Acquisition Corp. II (RAC II), a decarbonization solutions special purpose acquisition company (SPAC), in a new business direction designed to accelerate the deployment of NET Power’s much-watched novel natural gas–fired power plant technology. When the business combination transaction closes as expected in the second quarter of 2023, the new company, […]
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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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Offshore Wind
Vattenfall Will Build 1.3-GW Offshore Wind Farm Near Finland
Vattenfall, the Sweden-based multinational power company, will build and operate Finland’s first gigascale offshore wind farm as part of a joint venture with Finnish state-owned seabed and forest management group Metsähallitus. The project announced Dec. 20 is the 1.3-GW Korsnäs plant in the Bay of Bothnia, which sits between Sweden and Finland in the Baltic […]
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Solar
New Report Shows EU Solar Installations Rise Nearly 50%
A new report from industry group SolarPower Europe shows that solar installations in the European Union increased by almost 50% year-over-year in 2022, to a record 41.4 GW of generation capacity. “The numbers are clear. Solar is offering a lifeline amid energy and climate crises,” said Walburga Hemetsberger, CEO of SolarPower Europe. “No other energy […]
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Press Releases
Tri-State returning $10 million in patronage capital to members for 2022
(December 16, 2022 – Westminster, Colo.) The board of directors of not-for-profit wholesale power supply cooperative Tri-State Generation and Transmission Association have approved the return of $10 million in patronage capital refunds to its members for 2022. Patronage capital represents each member’s equity in Tri-State and is an accumulation over the years of the net […]
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T&D
Hitachi Energy Will Modernize HVDC System, Boost Delivery of Canadian Hydropower to U.S.
Hitachi Energy will spearhead the modernization of a key high-voltage direct current (HVDC) system in Canada to support the transmission of 1,500 MW of renewable power between Quebec and New York state’s electrical networks. Hydro-Québec, Canada’s largest power utility, on Dec. 15, picked the global technology firm to supply a “back-to-back” converter station at Châteauguay, […]
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Press Releases
Reliability Threats Continue Because of Premature Coal Plant Retirements
America’s Power Statement on The North American Electric Reliability Corporation’s 2022 Long-Term Reliability Assessment Washington, D.C. – America’s Power president and CEO Michelle Bloodworth issued the following statement in response to the release of the North American Electric Reliability Corporation’s 2022 Long-Term Reliability Assessment: “We commend the North American Electric Reliability Corporation (NERC) for issuing […]
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News
GE’s New Energy Business Announces HQ Site
General Electric (GE), which has restructured its operations in recent years and in July announced its energy and other businesses would have new brand names, on Dec. 15 said its energy group would be headquartered in Massachusetts. GE Vernova, the company’s portfolio of energy divisions, will have its main office in Cambridge, just a few […]
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