News
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News
Vistra Finishes Second Phase of California Energy Storage Project
Vistra, the Texas-based integrated retail electricity and power generation company, said it has completed the second phase of its Moss Landing Energy Storage Facility expansion project in California. The group on Aug. 19 announced it has added 100 MW/400 MWh to what at present is the world’s largest battery energy storage facility. “This facility provides […]
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Energy Storage
EIA: Large-Scale U.S. Battery Power Capacity Slated for Fourfold Expansion in Two Years
Large-scale battery power capacity in the U.S. surged 35% over 2020 to reach 1,650 MW, and according to the Energy Information Administration (EIA), utilities are planning to ramp up that capacity by 10 GW over the next two years. In a newly released report, Battery Storage in the United States: An Update on Market Trends, […]
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Climate change
Is the World on the Brink of a Mass Extinction Event?
It’s not unusual for species to go extinct; it happens all the time. In fact, scientists estimate that at least 99.9% of all species of plants and animals that have ever lived on Earth are now extinct. That’s pretty amazing, considering how many species still exist—up to 8.7 million, according to some experts. Mass extinction […]
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News
PSEG Agrees to Sell 6.8-GW Fossil Fleet to ArcLight Capital
Public Service Enterprise Group (PSEG) has agreed to sell its 6.8-GW portfolio of non-nuclear generating assets—a fleet of 13 gas plants—to a fund controlled by ArcLight Capital Partners LLC for about $1.92 billion. The sale, which effectively sets up its exit from the competitive generation business, is expected to be completed late in the fourth […]
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News
Gas Exploration and Production Company to Buy Gas-Fired Power Plant in Texas
BKV Corp., a privately held natural gas exploration and production company headquartered in Denver, Colorado, said it will purchase the Temple 1 power plant in Temple, Texas. The deal, valued at $430 million and subject to customary closing conditions, is expected to close in the fourth quarter of 2021. “We’re excited about this acquisition, and […]
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News
Korean Group Buying Renewable Energy Giant in $855M Deal
South Korea-based Hanwha Solutions announced it plans to acquire renewable energy developer RES France in an $855.2 million deal expected to be finalized in the next two months. RES France is a subsidiary of UK-based RES Group, which calls itself the world’s largest independent renewable energy company. The agreement announced Aug. 9 is led by […]
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Gas
New GE Gas-Fired Plant Part of Taiwan’s Energy Transition
A new combined heat and power gas-fired plant, designed to support increased power generation as part of Taiwan’s developing energy policy, has entered commercial operation. General Electric (GE) on Aug. 10 said the 535-MW Chia Hui facility, using GE’s advanced HA technology, is located in Minxiong Township in Chiayi County, the sixth-largest county in Taiwan. […]
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Nuclear
Nuclear First: 3D-Printed Safety-Related Components Installed at Browns Ferry
Marking a notable milestone for nuclear component additive manufacturing, four 3D-printed fuel assembly channel fasteners have been installed and are now operational at Tennessee Valley Authority’s (TVA’s) Browns Ferry Nuclear Plant Unit 2 in Athens, Alabama. Channel fasteners are a type of bracket that attaches to the top of the nuclear fuel assembly to hold […]
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Nuclear
Icebreaker Reactor Approved for Ground-Based Nuclear Plant
The international business arm of Russia’s state-owned nuclear power company has received a license that will allow construction of small modular reactors (SMRs), based on the design used in the country’s icebreaker shipping fleet, at ground-based nuclear power plants. Rusatom Overseas JSC (RAOS JSC), the company representing parent company Rosatom’s international interests, on Aug. 9 […]
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Hydro
Hydropower Levels Under Careful Watch as Drought Ravages the West
Intensifying drought conditions in California and historically low water levels at the Oroville Dam on Aug. 5 forced the state’s Department of Water Resources (CDWR) to shut down the 644-MW Edward Hyatt Power Plant—the fourth largest energy producer of all California’s hydroelectric facilities. Similar conditions across the West are prompting a careful watch over hydropower facilities.