Trends
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Trends
UK Eyes Domestic HALEU Nuclear Fuel Production as Global Interest Ramps Up
The UK may be poised to become the first European country to launch domestic production of high-assay, low-enriched uranium (HALEU). New funding announced by the country’s government this week signifies global momentum to establish a reliable supply of the specialist fuel that will be required for advanced nuclear reactors. The UK’s Department for Energy Security […]
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Trends
A Multi-Dimensional Crisis: Six Global Power Sector Trends to Watch
Fifty years after the first global oil shock in 1973, the world’s energy sector is again facing high geopolitical tensions and uncertainty—though this time around, “pressures are coming from multiple
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Trends
Carbon-Free Energy Is the Name of the Game: Renewables, Nuclear Poised for Growth
Solar, wind, and nuclear power, as well as battery storage systems, are the obvious winners as the world aims to decarbonize energy systems. It shouldn’t be a surprise to anyone who has been following trends
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Trends
Seven European Countries Set Ambitious But ‘Necessary’ Target to Decarbonize Power System by 2035
The seven European countries that make up the Pentalateral Energy Forum—Austria, Belgium, France, Germany, Luxembourg, the Netherlands, and Switzerland—will strive for the decarbonization of their interconnected electricity system by 2035. The countries, which form the Pentalateral Energy Forum—a 2005-convened voluntary framework for regional energy cooperation—in a joint statement on Dec. 18 formally concluded, “timely decarbonization […]
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Trends
COP28 Concludes with Landmark Decision to Shift Away from Fossil Fuels
Negotiators from nearly every country in the world closed COP28 with a decision that—for the first time—formally recognizes the necessity of moving away from fossil fuels to achieve Paris Agreement targets. The decision, adopted on the last day of the two-week 28th Conference of the Parties (COP 28) to the UN Framework Convention on Climate […]
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Electrification
Transformative, Next-Gen Grid Control Technologies Get $42M in Federal Funding
The Department of Energy (DOE) has initiated a new “enabling” pathway to achieve and sustain a dramatic transformation of the nation’s evolving grid—through its power electronics fabric, with the realization of advanced semiconductor materials, devices, and power module technologies. The agency on Nov. 21 unveiled the agency’s first awards—$42 million for 15 projects across 11 […]
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Trends
U.S. Deploys $3.5B Boost for Grid Resilience: Major Projects Revealed
Fifty-eight projects spearheaded by major U.S. power stakeholders will receive up to $3.5 billion in federal funding to improve grid flexibility and boost power system resiliency against extreme weather and climate change, the Biden administration announced on Oct. 18. The projects mark the Department of Energy’s (DOE’s) first competitive selections under the Grid Resilience and […]
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Trends
SRP Shifts from Traditional IRP to ‘Holistic’ Power Planning
Salt River Project (SRP) has become one of the first U.S. utilities to shift from an Integrated Resource Plan (IRP) to an Integrated System Plan (ISP), a “holistic roadmap” that takes into account evolving power system needs, energy affordability, and carbon reduction goals. The pioneering move by the public power entity that provides power and […]
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Trends
Decommissioning Dilemmas: Navigating the End-of-Life Challenges in Clean Energy Sources
Planning, building, operating, or overhauling power plants has long been an emphasis in the power sector—and an important one, given that the creation of new power capacity plays an outsized role in
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Energy Security
FERC, NERC Reveal Disturbing Details from Winter Storm Elliott Inquiry
Incremental unplanned generation outages triggered during Winter Storm Elliott spiked to 90.5 GW—significantly more than the 61.8 GW during Winter Storm Uri in 2021—representing 13% of the U.S. portion of anticipated resources in the Eastern Interconnection. That finding, one of many disturbing details unveiled by the Federal Energy Regulatory Commission (FERC) and North American Electric […]