Trends
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News and Notes
10 Reasons to Attend a Conference Tailored to Digitalization in the Power Sector
Anticipation is mounting for the Connected Plant Conference (CPC), POWER and Chemical Engineering’s digitalization event, scheduled to take place next week, May 20–22, 2024, near Houston, Texas. If you are a professional in the power industry, here are 10 reasons you should attend the industry event that is uniquely focused deeply on the practical and business-oriented […]
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Legal & Regulatory
Federal U.S. Power Sector Initiatives Went Full Throttle in April: Here’s the List
The Biden administration has unveiled several sweeping actions over the past month aimed at boosting clean energy deployment, enhancing manufacturing jobs, and reducing pollutant emissions across the power sector. The measures—many announced as part of a comprehensive Earth Week agenda on April 25—are notable for their strategic push in an election year, highlighting the administration’s […]
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Trends
Grids Brace for Solar Eclipse, Totality Poised to Test Ramping
Grid operators across the U.S. report they are largely prepared for the total solar eclipse that will pass over a large swath of North America on April 8, though they remain vigilant, monitoring for any unexpected shifts in power generation or demand that could test the power system’s resilience. The much-anticipated solar eclipse will begin […]
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Commentary
Nuclear Energy Seeing a Resurgence Unlike Any Other
Nuclear energy is surging back in a big way. Case in point: Energy Secretary Jennifer Granholm’s comments last week on plans to restart the Palisades nuclear power plant in Michigan. To bolster the effort, she announced a $1.5 billion conditional loan guarantee to cover work required to restart the plant after a two-year shutdown. And […]
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Interview
ACWA Power: Crossroads for Exponential Growth in Power and Water
In 2002, the government of Saudi Arabia moved to step up the private sector’s role in the kingdom’s economy by opening the production of power and desalinated water. Saudi firms Abunayyan Trading Co., Abdulkadir Al Muhaidib & Sons Co., and MADA Group for Industrial and Commercial Development sensed a tremendous opportunity, forming ACWA Power Projects […]
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Trends
A Bold Beginning: GE Vernova Charts Course for Electrification and Decarbonization in Market Debut
Marking the completion of its spin-off from GE, GE Vernova began trading on the New York Stock Exchange on April 2 as an independent company “singularly focused” on accelerating the energy transition. The measure, approved by GE’s Board on Feb. 29, effectively establishes GE Vernova as a giant purpose-built firm that will leverage its technology […]
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News
Digital Solutions Provide Great Benefits for Cooperative Utilities
Although cooperatives may not have the financial resources of large investor-owned utilities, valuable digital solutions are still within their grasp. Because they have fewer resources to employ, co-ops may
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Trends
U.S. Natural Gas Supplies High, Prices at Record Low
The winter heating season, which is often defined as November through March in the U.S., is coming to an end with natural gas inventories 37% above the five-year average, according to the U.S. Energy Information Administration (EIA). Reduced consumption in the residential and commercial sectors this winter has been blamed for the high natural gas […]
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Trends
Shifting Gears: How Diesel and Gas Engines Are Thriving in the New Power Paradigm
As the global power industry pivots toward decarbonization and decentralization, major manufacturers of diesel and gas engines are strategically adapting to change. While large power plants frequently garner
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Trends
Understanding Future Prospects for Hydrogen, Energy Storage, and Renewables
The world is undergoing a remarkable energy transition. Clean power systems are in high demand, offering a bright future for hydrogen and renewables. However, energy storage projects that may look promising