Supply Chains

GE’s first earnings release after the American conglomerate last November announced it would combine and spin-off its Renewable Energy, Power, and Digital business suggests flagging orders for onshore and offshore wind equipment and gas turbines amid a business environment wrought with uncertainty. GE on Jan. 25 reported revenues of $15.7 billion for its Renewable Energy business, […]

The last two years have had a profound effect on businesses in all industries, including power generation. Looking into the future, it’s evident that even more change is on the horizon. To accommodate these changes, one thing has become clear within the realm of finance: Digital transformation is no longer optional. Instead, it’s a necessary […]

Japan is furnishing $500 million (59.8 billion yen) to much-watched projects that will develop and demonstrate 100% fuel ammonia combustion technology for gas turbines and 50% co-firing at coal boilers, as part of an effort to build out the nation’s supply chain for fuel ammonia. The country’s national research agency New Energy and Industrial Technology […]

The fog of uncertainty that hangs over the global power industry is getting larger and denser as generating companies and utilities navigate ever more complex challenges.

As required by the Bipartisan Infrastructure Act, the U.S. Department of Energy (DOE) on Dec. 21 launched a new office—the Office of Clean Energy Demonstrations—to “supercharge” its work to demonstrate hydrogen, carbon capture, energy storage, and advanced nuclear technologies. The new office will leverage $21.5 billion of the combined $62 billion allocated to the DOE […]

The Department of Energy (DOE) has issued a request for information (RFI) on a planned temporary federal program to ensure enough high-assay low-enriched uranium (HALEU) will be available to jumpstart deployment of a new fleet of advanced nuclear reactors.  Comments received over the next month in response to the DOE’s Dec. 14–issued RFI will inform […]

New England faces a precarious fuel supply risk that could necessitate emergency actions if a severe prolonged cold snap hits the region this winter, ISO New England (ISO-NE) has warned.  The regional grid operator expects power demand will peak at 19,710 MW during average winter weather conditions of 10F, but if temperatures plunge below 5F, […]

The North American Electric Reliability Corp. (NERC) is warning that much of the central U.S.—a region that stretches from the Great Lakes into southern Texas—may face critical power deficiencies during extreme winter weather conditions over the next three months. Natural gas supply disruptions and low hydropower conditions could also imperil power reliability in New England […]

Terrestrial Energy has unveiled an upgraded 390-MWe design of its Integral Molten Salt Reactor (IMSR) power plant to meet utility requirements and boost its cost-competitiveness as part of an effort to ramp up its candidacy for deployment at Ontario Power Generation’s (OPG’s) Darlington Nuclear Generating Station. This week, the Canadian firm also announced a series […]

Siemens Energy’s well established STATCOM technology (SVC PLUS®) has a proven track record in challenging environments like that posed by California’s climate with high seismicity and wind speed Dynamic reactive power support for substations allows for fast responding voltage support in case of system events and transmission outages. Siemens Energy announced today that it will […]