Trends

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 […]

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 […]

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

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 […]

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

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

An estimated 91% of the world’s population had access to electricity in 2020, marking substantial progress toward goals to ensure universal access to power. Still, according to the International Renewable Energy Agency (IRENA), 733 million people remain unserved. Off-grid and decentralized energy systems may be emerging as an alternative to facilitate energy access and resilience, […]

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

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

Brazil Formally Restarts Construction of Angra 3 Nuclear Reactor. Eletronuclear, a mixed-ownership subsidiary of Brazilian state-run power group Eletrobras, has resumed construction of Angra 3, a 1.4-GW

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 […]

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 […]

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 […]

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

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

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 […]