News
-
Trends
10 Near-Term Global Power Sector Trends
While 2021 provided its own share of extraordinary energy debacles, Russia’s invasion of Ukraine in early 2022 cascaded into full-blown energy turmoil. This year will begin with the world “in the midst of
-
Energy Security
Enhancing and Hardening the U.S. Power Grid
It’s no secret that the U.S. power grid needs some work. According to the U.S. Department of Energy (DOE), nearly 70% of the nation’s grid is more than 25 years old. The DOE says the U.S. needs to expand
-
Nuclear
Being Pro-Nuclear Won’t Be Enough—Here’s Why
Nuclear energy—not just nuclear power—is seeing a burst of innovation unlike anything seen since the 1950s. While the strong momentum for the dispatchable zero-carbon energy source is promising, prominent pitfalls threaten necessary progress.
-
News
Egypt Uses COP27 to Announce Large-Scale Renewable, Hydrogen Projects
The recent United Nations (UN) COP27 climate conference in Egypt was host to several announcements of large-scale renewable energy projects, including one of the world’s largest wind farms, along with an
-
Renewables
Global Market for PPAs Supports Renewable Energy Projects
Large global corporate groups continue to buy stakes in major renewable energy projects and sign power purchase agreements (PPAs) designed to provide long-term electricity for their operations. Some
-
IIOT Power
Experts Explain: Digital Twins
In this fresh series, POWER’s editors choose a multifaceted topic that may have myriad applications or implications, and ask an array of key industry stakeholders for their perspectives. This month’s
-
Trends
POWER Digest [January 2023]
Brazil Formally Restarts Construction of Angra 3 Nuclear Reactor. Eletronuclear, a mixed-ownership subsidiary of Brazilian state-run power group Eletrobras, has resumed construction of Angra 3, a 1.4-GW
-
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
-
Workforce
Three Ways Power Companies Should Plan Ahead to Integrate, Activate, and Retain Top Talent
Workforce issues are top of mind at many power companies. As workers become harder and harder to find, it’s important for leaders to implement proven strategies for recruiting and inspiring qualified team
-
Renewables
Risk Mitigation: An Essential Prerequisite for Inflation Reduction Act Funding
The groundbreaking Inflation Reduction Act (IRA) will put hundreds of billions of dollars toward renewables. As the most comprehensive energy policy in recent years, the IRA is already having a profound impact
-
Hydrogen
Should We Really Use Renewable Electricity to Make Green Hydrogen? Not Always
There’s a growing belief that hydrogen will play a key role in lowering CO 2 emissions. However, there are several caveats in realizing that vision, and in some cases, hydrogen may not be the right choice
-
Research and Development
Enterprise Asset Management: Empowering Stronger Vision for Net-Zero Reality
Managers are constantly battling to improve efficiency and become more sustainable. Having effective asset management tools can help decision-makers visualize what’s working well and what isn’t, so fixes
-
Hybrid Power
China Breaks Ground on Massive 16-GW Solar, Wind, Coal Project
A massive, multibillion-dollar renewable and fossil-fuel energy project is underway in China. The installation, being built by China Three Gorges (CTG), includes wind, solar, energy storage and coal-fired power generation. Ground was broken for the first pilot of the Kubuqi Base project in Dalate Banner, Ordos, Inner Mongolia on Dec. 28, 2022, according to Chinese […]
-
Nuclear
Updates on Five Big Nuclear Energy Developments POWER Was Watching in 2022
In January 2022, the U.S. Department of Energy’s (DOE’s) Office of Nuclear Energy (NE) published a list of five nuclear energy stories to watch in 2022. Here’s an update on the items the NE felt were important for industry insiders to keep an eye on. The Bipartisan Infrastructure Law The DOE noted in the January […]
-
Legal & Regulatory
Biden Administration Rolls Out ‘Durable’ WOTUS Definition in Final Rule
The Biden administration has rolled out in a final what it says is a “durable” definition of “waters of the U.S.” (WOTUS), potentially capping a legal and political battle that has raged for nearly two decades. The final rule issued by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of the Army on […]
-
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 […]
-
Legal & Regulatory
DOE Proposes New Distribution Transformer Standards as Crippling Shortages Persist
Almost all distribution transformers produced or imported into the U.S. could require amorphous steel cores starting in 2027 under new energy efficiency standards proposed by the Department of Energy (DOE). The measure, unveiled as industry grapples with a crippling shortage of distribution transformers, will serve a longer-term role in boosting grid resiliency as a “strategic […]
-
O&M
The 12 Most-Read POWER Global Monitor Articles of 2022
Every month, POWER magazine publishes several articles in its Global Monitor section covering topics important to the electric power generation industry. The articles typically feature interesting updates on progress made at notable projects around the world, big policy changes, or promising research and development (R&D) news. Short notes about major contracts are also touched on […]
-
News
Covering More with Less: Securing Renewable Energy Sources
A wide range of industries fall under the umbrella of critical infrastructure, and they are all—as the name implies—critical. From energy production and water treatment to transportation and data storage, everything within critical infrastructure serves an essential purpose when it comes to the continued functioning of the nation. Unfortunately, that makes critical infrastructure sites a […]
-
Renewables
World Bank Group Financing West Africa Power Project
An agency associated with the World Bank will finance installation of solar and hydropower systems, and support related transmission and distribution infrastructure, to provide more electricity to areas of West Africa. The World Bank Group’s International Development Association (IDA) is investing $311 million into the Regional Emergency Solar Power Intervention Project (RESPITE), an initiative designed […]
-
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) […]
-
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 […]
-
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, […]
-
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 […]
-
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 […]
-
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 […]
-
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 […]
-
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, […]
-
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 […]
-
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 […]