Power

Amid an industry-wide labor shortage and global supply chain disruptions, the energy sector is under immense pressure to increase production. These issues, in addition to geopolitical tensions, are deeply complex and cannot be addressed on an individual scale. In addition, the energy industry faces major challenges pertaining to communication given that the workforce and equipment […]

The recently passed Inflation Reduction Act (IRA) is the largest clean energy investment by the federal government in U.S. history. The passing of this $430 billion bill shows that the American government recognizes it is time for businesses to make crucial, sustainable changes in order to combat global warming. This historic bill further demonstrates that […]

British oil major BP is continuing to diversify its energy portfolio, announcing a deal to acquire a company considered an industry leader in production of renewable natural gas (RNG). BP on Oct. 17 said it was buying Houston, Texas-based Archaea Energy for $3.3 billion in cash, or $26 a share, along with $800 million for […]

Ontario Power Generation (OPG) and Czech Republic-based ČEZ are collaborating to advance deployment of nuclear technology, including small modular reactors (SMRs). The companies said they signed a memorandum of understanding (MOU) on Oct. 11, with an aim to “reduce financial, technical and schedule risk to both parties on their respective future projects.” OPG is Ontario’s […]

A consortium comprised of Brookfield Renewable Partners, together with its institutional partners, and Cameco Corp. announced on Oct. 11 an agreement to acquire Westinghouse Electric Co. from Brookfield Business Partners (BBU). The deal has a total enterprise value of about $8 billion, including proceeds from the disposition of a non-core asset expected to be received […]

There have been historic initiatives within the U.S. to create a sustainable energy economy and to address major environmental concerns created by fossil fuels. The Inflation Reduction Act contains $369 billion in climate and energy provisions, which will have a meaningful impact on climate change. Meanwhile, the Bipartisan Infrastructure Law seeks to remedy environmental issues […]

Bitcoin mining is the process used to generate new coins and verify new transactions. The process involves vast, decentralized networks of computers around the world that verify and secure blockchains, the virtual ledgers that document cryptocurrency transactions. In return for contributing their computing power, miners are rewarded with new coins. The process ultimately requires a […]

You must be a power guy or gal to consider a generating station an attraction. If you are, you won’t find a better place to visit than the Cane Island Power Park. The facility is in a picturesque location

A combined heat and power (CHP) plant in South Korea successfully completed a project to improve its output and overall operation, with updated gas turbine technology supporting its reliability. South Korea

Long Ridge Energy Terminal in Hannibal, Ohio, is one of the first power plants in the U.S. to be purpose-built for generating power with hydrogen fuel. But embarking on the pioneering journey that could