Trends
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Trends
Grid Infrastructure and Renewable Energy Projects Thrive, Workforce and Supply Chain Issues Continue in 2023
The Inflation Reduction Act will spur growth in clean energy and upgrades to grid infrastructure, but workforce shortages and supply chain constraints are likely to challenge power companies for at least the
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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
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Trends
THE BIG PICTURE: Global Coal-to-Gas Switching
The Global Energy Monitor (GEM), an organization dedicated to enhancing understanding of climate change data, in a recent report, estimated that about 89.6 GW (or 13%) of the 692 GW of global gas-fired capacity in development are coal-to-gas conversions or replacements. East Asia has the most coal-to-gas conversions or replacements in development (29.6 GW). By […]
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Coal
A New Dawn for CCUS After Five Decades of Ups and Downs
The world is on a quest for solutions to decarbonize its economy. More than 70 countries and over 1,200 companies have set a net-zero target, according to the United Nations. To limit warming to less than 2 degrees Celsius, emissions of hundreds of gigatonnes of carbon dioxide (CO₂) would need to be prevented and removed from […]
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Legal & Regulatory
NERC Warns of Tight Generation Resources, Fuel Supply Issues This Winter
Power shortfalls could be rife over the next three months across a large portion of the North American bulk power system (BPS), particularly during extreme and prolonged cold conditions, the North American Electric Reliability Corp. (NERC) has warned. The nation’s designated Electric Reliability Organization (ERO) in its latest Winter Reliability Assessment, issued on Nov. 17, said […]
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Trends
European Energy Crisis Prompts Utility Takeovers in Germany, France
With winter fast approaching, and the dreaded effects of extreme natural gas price levels and volatility looming, together with unprecedented uncertainty of fuel supply, governments in Germany and France have
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Trends
POWER Digest [November 2022]
JX Nippon Acquires NRG’s Share of Petra Nova Carbon Capture Plant for $3.6 Million. ENEOS Group, a Japanese energy and non-ferrous metals business group that owns JX Nippon Oil and Gas Exploration, will
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Trends
U.S. Spent Nuclear Fuel Reprocessing May Be Making a Comeback—Here’s Why
The Department of Energy (DOE) has ramped up efforts to explore recycling spent nuclear fuel (SNF), or used nuclear fuel (UNF), from the nation’s fleet of light water reactors (LWRs), doling out $38 million in federal awards to a dozen projects on Oct. 21. Teams will receive funding under the DOE’s March 2022–launched “Converting UNF […]
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Trends
Blue Ammonia Production Efforts for Fuel Supply, Exports in High Gear Along U.S. Gulf Coast
Energy giants Chevron and Uniper are pairing with chemical technology companies Air Liquide and LyondellBasell to explore a hydrogen and ammonia production facility along the U.S. Gulf Coast that could support industrial decarbonization and mobility applications in the region and expand clean ammonia exports. The companies, in a joint statement on Oct. 19, said they […]