Technology
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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 […]
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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 […]
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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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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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Power
Increasing Energy Security: Optimizing Today’s Energy Operations and Investing in Renewables for the Future
Countries’ timelines to becoming energy secure and reaching net-zero targets have shortened. Major contributing factors include COVID-19’s impact on supply chains and the war in Ukraine. Alongside this are external influences such as COP27, or the landmark U.S. Climate Bill, which will direct almost $370 billion toward rapidly scaling renewable energy production and reducing emissions. Already, intergovernmental […]
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Press Releases
ELPEDISON Chooses GE Digital Software to Help Ensure Greece’s Access to Reliable Energy
SAN RAMON, Calif. – December 13, 2022 – GE Digital, an energy software leader, today announced that ELPEDISON S.A., the first independent energy producer in Greece, has chosen its cloud-based Asset Performance Management (APM) Reliability application to improve the reliability of its combined cycle fleet. The software will be installed at ELPEDISON’s Thisvi and Thessaloniki power plants, […]
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Nuclear
DOE Confirms Fusion Energy Milestone at California Lab
The first nuclear fusion reaction to result in a net energy gain has been successfully completed by scientists at a laboratory in California, a milestone in the decades-long pursuit of a way to produce unlimited energy with no carbon emissions or nuclear waste. U.S. Energy Secretary Jennifer Granholm made the official announcement Dec. 13 during […]
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Power
Four Forces Shaping U.S. Utilities in 2023
In 2023, U.S. utilities have a multipronged ambition to realize: how to provide customers with reliable, affordable, and sustainable energy, and safe water. However, increased pressure around decarbonization and the adoption of cleaner energy sources, electrification, and related infrastructure needs, and customer-driven disruption will make this energy trilemma even more difficult to balance. Management at […]
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Press Releases
GE Grid Solutions and LineVision Partner to Deliver Comprehensive Dynamic System Rating Platform
Boston, Massachusetts, USA – December 7, 2022 – GE Grid Solutions (NYSE: GE), and LineVision, the global leader in Dynamic Line Ratings (DLR), have formed a partnership to deliver the world’s first integrated suite of Grid Enhancing Technologies (GETs), providing utilities with an end-to-end Dynamic System Rating (DSR). GE and LineVision will combine Dynamic Line Ratings […]