Trends
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T&D
$2.2B for 13 GW of New Transmission Capacity: DOE Unveils Latest Boost for U.S. Grid Modernization
The Biden administration will invest $2.2 billion in eight projects under its Grid Resilience and Innovation Partnership (GRIP) program to bolster the nation’s power grid with nearly 13 GW of new transmission capacity across 18 states. The funding, announced on Aug. 6, marks the second round under the Department of Energy’s (DOE’s) GRIP program, a […]
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Commentary
It’s the End of the World as We Know It — Do You Feel Fine?
I thought the title from R.E.M.’s 1987 song was a fitting headline for this article. I contemplated using Bob Dylan’s “The Times They Are A-Changin’,” but I thought R.E.M.’s “stream of
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Legal & Regulatory
EU Mandates Biodiversity Restoration, Setting Up New ‘Green’ Requirements Alongside ‘Clean’ Ones for Power Sector
This June, the European Council formally adopted a first-of-its-kind regulation that sets out to restore at least 20% of the European Union’s (EU’s) land and sea areas by 2030 and all ecosystems in need of
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Trends
POWER Digest [August 2024]
Malaysia Slightly Moves Up Timeframe for Coal Phaseout. Malaysia will halve its coal use by 2035 and phase out coal generation by 2044, slightly earlier than previously anticipated by the country’s National
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Trends
PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation
Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant implications for the regional transmission organization (RTO). The 2025/2026 BRA—a competitive capacity auction that procures power supply resources in advance of the delivery year to […]
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Trends
Nuclear Cogeneration Gains Momentum in Wyoming with New Microreactor Partnership
Engineering giant Burns & McDonnell has entered into an agreement with nuclear technology specialist BWXT Technologies to advance the design and development of the BWXT Advanced Nuclear Reactor (BANR). The microreactor project is an integral part of a contract with the Wyoming Energy Authority (WEA), which is assessing the viability of deploying small-scale nuclear reactors […]
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Trends
Industry Giants, German TSOs Team to Revolutionize HVDC Grid With Multi-Terminal Hubs
Three major high-voltage direct current (HVDC) technology giants—GE Vernova, Siemens Energy, and Hitachi Energy—will join forces with four German transmission system operators—50Hertz, Amprion, TenneT and TransnetBW—to develop multiterminal hubs with direct current circuit breakers. The initiative is the latest development in ongoing European collaboration to enhance the interoperability of HVDC systems, facilitate the integration of […]
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Courts
The Chevron Deference Is Dead. What Does It Mean for the Power Sector?
The U.S. Supreme Court on June 28 overturned the Chevron doctrine—a forty-year-old precedent—significantly curtailing the power of federal agencies to interpret ambiguous statutory provisions, even in areas of agency expertise. The landmark 6–3 decision could have far-reaching effects on the power industry, with specific impact on sweeping energy regulations from the Environmental Protection Agency (EPA) […]
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Trends
Energy Evolution: What Technologies Are Leading the Way Today
It’s not uncommon to hear people talk about the energy transition. Yet, throughout its history, the power industry has almost always been transitioning in one way or another. There are constantly new
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Trends
2024 Shaping Up to Be Dramatic for Transmission and Distribution
In a significant push toward modernizing America’s aging grid infrastructure, the Biden administration, in partnership with 21 states, has launched the Federal-State Modern Grid Deployment Initiative. The measure marks the latest triumph for transmission and distribution (T&D), which has seen “lumpy” progress in recent decades. The initiative unveiled on May 28 essentially seeks to establish […]
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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
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Trends
Research and Development Investments Vital for a Clean Energy Future
Several solutions are needed to support deployment of renewable energy and enable continued growth in the use of distributed energy resources. The structure of energy systems everywhere is changing fast
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Commentary
The Possibilities of Recycling Nuclear Fissile Waste
Nuclear energy has long been a topic of debate due to concerns about its environmental impact and the disposal of nuclear waste. However, a paradigm shift is underway that could revolutionize how we view nuclear waste. Not only could recycling nuclear fissile waste reduce the waste generated by current nuclear power plants, but it also […]
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Commentary
5 Ways to Ensure Grids Don’t Become Bottlenecks in the Energy Transition
Meeting ambitious climate targets while transitioning from fossil fuels remains a key priority for businesses, policymakers, and society in general. The good news is that the grid can play a pivotal role in helping us achieve this. With less dependency on more harmful energy sources such as oil and coal, and increased electrification, we are […]
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Trends
Prodigy and Westinghouse Targeting Launch of eVinci Floating Nuclear Plant in Canada by 2030
Westinghouse has revealed it is designing a transportable nuclear power plant (TNPP) featuring an eVinci microreactor with Canadian firm Prodigy Clean Energy, aiming to deliver a first project in Canada by 2030. The project will potentially integrate a single or multiple 5-MWe eVinci microreactors within a Prodigy Microreactor Power Station—a purpose-designed floating facility that will […]
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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 […]