Trends

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

The “duck curve,” a concept that has become emblematic of the challenges associated with integrating variable renewables in the power system, now looks like a “canyon,” illustrating a paramount urgency for adequate flexibility, Arshad Mansoor, president and CEO of the Electric Power Research Institute (EPRI), has warned.  In a recent post on LinkedIn, Mansoor highlighted […]

Days after Korea Hydro & Nuclear Power (KHNP) announced it would participate in a consortium to develop floating nuclear power plants, the owner and operator of South Korea’s 25 nuclear power plants joined forces with TerraPower to bolster the demonstration and commercialization of Natrium, TerraPower’s sodium-cooled fast reactor integrated energy system. The deals were announced […]

Few power-generating resources present the combination of workhouse abilities that combined heat and power (CHP) does. But, powered predominantly by fossil fuels, will CHP find its unique footing within the

Pakistan Begins Commercial Operation of 1.3-GW Coal Plant. Pakistan on Feb. 7 began commercial operation of a 1.3-GW coal-fired power plant in the Thar Desert in Sindh province, southern Pakistan. The project

Beam Global is a company dedicated to providing clean energy for the transportation sector. The San Diego, California-based group has said its “mission is to lead the world to clean mobility. We believe that every person deserves access to clean sustainable transportation. That every community is safer with a resilient microgrid. That every state can […]

In July 1968, the U.S. Army sent the world’s first floating nuclear power plant, the Sturgis, to the Panama Canal to help overcome a regional hydroelectric power plant shortage, which was driven by a severe