Power

Power and energy construction projects face unique challenges that make effective risk allocation critical to their success. A well-crafted contract serves as the foundation for managing these risks, helping

We’re at a pivotal moment for geothermal energy in Europe, a clean, homegrown source of power, heating, and cooling. The signs are clear: interest from both politicians and investors is rising. In fact, there are numerous signals that now is the time to truly scale up geothermal energy in Europe. COMMENTARY Ever since Russia’s full-scale […]

In a 2023 report, McKinsey & Company projected 35 GW of new power will be needed for data centers in the U.S. by 2030. This forecast doubled the required power consumption from data servers, up from 17 GW in 2022. The explosive growth in data center infrastructure driven by investments in artificial intelligence (AI) is […]

Geothermal energy is the heat originating from beneath the Earth’s surface. It can be utilized for various purposes, such as electricity generation, heating, and cooling. Geothermal power plants harness this heat to produce electricity, with turbines playing a key role in converting thermal energy into mechanical energy, which is then transformed into electrical energy. Geothermal […]

Energy storage systems (ESS) are critical for grid stability as renewable energy adoption accelerates, but safety concerns have emerged due to fire hazards in lithium-ion batteries. Korea Electric Power

Does it really make sense to manufacture new batteries for energy storage systems when a much better alternative is already available? How second-life electric vehicle (EV) batteries can enhance energy

Geothermal power offers a stable, continuous source of renewable energy that could help power millions of homes while reducing dependence on fossil fuels. As governments worldwide pursue sustainability goals

Georgia Power’s Plant Vogtle 3 and 4 are the only new reactors that have been built in the U.S. in over 30 years. At the start, Georgia Power executives claimed that, unlike the first two reactors, Vogtle 3

The U.S. Securities and Exchange Commission (SEC) announced on March 27 that it will no longer defend its controversial rules requiring companies to disclose climate-related risks, greenhouse gas (GHG) emissions, and governance practices. The decision, approved in a 3-2 vote along party lines, marks a significant shift in the agency’s approach to climate-related financial disclosures. […]

South African officials will allow some of the country’s coal-fired power plants to operate without the need to adhere to regulations on carbon and other emissions. The move comes as South Africa continues to struggle with producing enough electricity to power the country’s growing economy. South Africa, which relies on coal for more than 80% […]