Power
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Wind
Chinese Companies Continue to Dominate Global Wind Turbine Market
Chinese wind turbine makers continue to pace the global market, taking four of the top five spots in a ranking of the world’s top manufacturers of both onshore and offshore wind power equipment. Research from BloombergNEF (BNEF) published March 27 showed global wind power generation capacity additions hit a record 118 GW in 2023. BNEF’s […]
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Interview
Landrieu: Politics Not Aligned with Energy Reality
A significant disconnect between political rhetoric and the practical realities of energy production is posing an insidious hurdle for the future of power, former Sen. Mary Landrieu (D-Louisiana) has warned. Speaking candidly to POWER during CERAweek by S&P Global in Houston on March 21, the influential three-term Democrat (1997–2015) who chaired the U.S. Senate Energy […]
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Commentary
Three Steps to Modernize America’s Electric Grid and Unlock the Green Energy Economy
America faces many energy-related challenges going forward, but none is more important than the need to modernize the U.S. electric grid—but right now the permitting process for building out and strengthening America’s power grid is not set up for success. Talk to just about anyone in the energy sector and you’ll hear about projects that […]
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O&M
Coastal Utilities Warned of ‘Potentially Explosive’ 2024 Hurricane Season
AccuWeather’s team of expert meteorologists is warning people and businesses to start preparing for a frenzy of tropical activity that could have major impacts on the U.S. this hurricane season. “The 2024 Atlantic hurricane season is forecast to feature well above the historical average number of tropical storms, hurricanes, major hurricanes, and direct U.S. impacts,” […]
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Energy Security
CPS Energy to Acquire Talen’s 1.7-GW Gas Power Fleet in Texas for $785M
CPS Energy will acquire Talen Energy’s 1.7-GW portfolio—comprising three natural gas–fired power plants—in the Texas market for $785 million. The nation’s largest municipally owned power entity on March 27 said it reached an agreement with competitive generator Talen Energy for the acquisition. The transaction is expected to close in the second quarter of 2024, “subject […]
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Nuclear
Palisades Nuclear Plant on Path to Recommissioning by 2025
The U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades LLC to finance the restoration and resumption of service of the Palisades Power Plant, an 800-MW nuclear generating station in Covert Township, Michigan (Figure 1). The project aims to bring […]
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Electrification
Charging Corridors, Stations Will Support Heavy-Duty EV Trucks
The push for electrification of the transportation sector is being supported by companies making significant investments in charging infrastructure. These groups are taking innovative approaches, including utilizing solar power, to providing the electricity necessary for a network of charging stations. Greenlane on March 27 announced a major project that features a 280-mile charging corridor that […]
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Interview
The POWER Interview: Remote Monitoring Key For Asset Management
Developments in communication technology, including software applications and new control hardware, are providing utilities the ability to monitor assets, analyze alarms, and control their power generation facilities remotely. Companies are using new technology to address power plant operations, support maintenance tasks, and ensure proper compliance reporting and incident response. Remote monitoring was part of POWER’s […]
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Nuclear
UK Companies See Major Opportunity in Nuclear Supply Chain
The UK government has ambitions for 24 GW of nuclear energy by 2050 to help in providing energy security for the UK and for meeting its net-zero goals. Among groups helping to revive and expand the UK’s nuclear industry is the University of Sheffield Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC), part of the High […]
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Wind
New Wind Farm Part of Vietnam’s Energy Transition
Vietnam’s renewable energy goals are taking a step forward with the installation of a wind farm that will feature the largest onshore wind turbine installed in the country to date. China’s Shanghai Electric in February announced its subsidiary, Electric Wind Power, will supply its advanced wind turbines to joint venture partners Hai Anh Wind Power […]