Trends

Climate change is a threat multiplier. Clean-up costs are ballooning and natural disasters are growing more expensive. In 2022 alone there were 18 natural disasters that caused more than $1 billion in damage, up from only three events in 1980. These are taking a bigger bite out of the energy sector’s operating costs and profits, […]

The Federal Energy Regulatory Commission (FERC) has approved key transmission reforms aimed at clearing a staggering backlog of more than 10,000 generation and storage projects—more than 2,000 GW—stalled in interconnection queues across the country. Order 2023, a final rule unanimously adopted by FERC’s four commissioners at a July 27 open meeting and posted in full […]

Below freezing at breakfast, sweltering by supper, dramatic swings in weather are no longer the purview of small talk. Predicting, accounting for, and reacting to weather are boardroom agenda items that impact

Although there is a risk of energy shortfalls in parts of the U.S. if extreme summer temperatures materialize, there is no stopping the clean energy transition that is sweeping the nation. Energy storage

In May, U.S. national laboratories Idaho National Laboratory (INL) and the Pacific Northwest National Laboratory (PNNL) partnered with regulated utility Idaho Power to determine the viability of integrating

Digitalization is now so firmly embedded in the power sector that if participants haven’t yet begun their digital journey, they’ve inherently fallen behind. That was a message repeated at the three-day 7th annual Connected Plant Conference (CPC), which took place this week in New Orleans, Louisiana. POWER magazine and Chemical Engineering magazine’s conference this year […]

In a bid to transition to a fully regulated business, Duke Energy will sell its unregulated utility-scale solar and wind group—a portfolio of 3.4 GW—for an enterprise value of $2.8 billion to pure-play renewable power platform Brookfield Renewable. The companies announced the transaction for a portion of Duke Energy’s Commercial Renewables business segment on June […]

The power industry’s rapid adoption of digitalization is a striking example of its dynamic innovation—the continuous development and introduction of new ideas, products, or processes to meet shifting

A project to deploy a 1.5-MW commercial-scale ocean thermal energy conversion (OTEC) platform in the African island nation of São Tomé and Príncipe by 2025 has gained a key design certification. The crucial

European Grid Operator Secures 22 GW of HVDC Projects. European transmission system operator (TSO) TenneT will lead a charge to install 11 2-GW high-voltage direct current (HVDC) systems by 2031. A long-term