Power

Germany-based RWE, among the world’s leading companies in development of offshore wind energy, said it will acquire three major projects off the East Anglia coast of the UK from Sweden’s Vattenfall in a $1.2 billion deal. RWE on Dec. 21 said the projects, each with planned generation capacity of 1.4 GW, are in the Norfolk […]

The Federal Energy Regulatory Commission (FERC) has unanimously approved the California Independent System Operator’s (CAISO’s) Day-Ahead Market Enhancements (DAME) and Extended Day-Ahead Market (EDAM) proposal, effectively allowing new market options to address challenges caused by increasing system variability and uncertainty in the West. FERC’s decision issued on Dec. 20, for the most part, accepts CAISO’s […]

Life cycle analysis or assessments (LCAs) are a quintessential tool for power and utility industry professionals and tradespeople. They determine the environmental and financial value of new technologies. Consumer products get the most attention, but LCAs for renewable energy systems (Figure 1) should be discussed more. It is time to synthesize known information to create […]

An iconic coal refuse power plant in West Virginia that burns gob—basically dirt—and pond fines as part of a complex environmental solution to address coal waste is stepping up efforts to improve its efficiency, reliability, and cost reductions by embracing cutting-edge artificial intelligence (AI). American Bituminous Power’s (AMBIT’s) 80-MW Grant Town Power Project—West Virginia’s only […]

Work continues on what would be the largest hydropower project in Angola, a $5.2 billion run-of-river power station that Angolan officials have said could come online as early as 2026. Technology group Voith on Dec. 19 said it is supplying all the electrical and mechanical equipment for the Caculo Cabaca facility, located in the midstream […]

The U.S. energy sector has a bullseye on its back. Whether it’s nation-state hackers or domestic terrorists, the level of malicious activity directed against the sector has reached an all-time high, and we would do well to heed the threat. As the threat grows, some federal cybersecurity officials and others are sounding alarms about potentially […]

Following a difficult period for the renewable energy industry, firms must begin prioritising foreign exchange (FX) risk management against the rising threat of currency movements. It has been a tough year for the renewable energy industry. The post-COVID inflationary pressures that have gripped the global economy over the last two years are weighing heavily on […]

California’s Diablo Canyon nuclear plant can continue operating at least through much of 2030 after state energy regulators on Dec. 14 voted to keep the facility open an additional five years. The state’s Public Utilities Commission (PUC) on Thursday agreed to extend the closure date for Diablo Canyon, which originally was scheduled to shut down […]

Connecting millions of households in the ‘last mile’, the central challenge in modern power distribution is optimising efficiency while ensuring reliability and sustainability. However, complex issues arise where traditional grid infrastructures struggle to cope with the dynamic demands of contemporary energy consumption and the integration of renewable energy sources. This is increasingly important to solve […]

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 […]

According to a guidebook issued by Sandia National Laboratories, a U.S. Department of Energy (DOE) multi-mission laboratory, microgrids are defined as a group of interconnected loads and distributed energy resources (DERs) that act as a single controllable entity. A microgrid can operate in either grid-connected or island mode, which includes some entirely off-grid applications. A […]

The Nuclear Regulatory Commission (NRC) has approved a construction permit for Kairos Power’s 35-MWth Hermes molten salt “non-power” demonstration reactor, which the firm has proposed to build at the East Tennessee Technology Park Heritage Center (ETTP) site in Oak Ridge. The NRC on Dec. 12 directed staff to issue the construction permit for the test reactor […]

GE Vernova said the company’s turbines will play a major role in supporting renewable energy in Spain through a collaboration with Forestalia, one of that country’s leading clean energy developers. The companies on Dec. 14 said they had a framework agreement in which GE Vernova will install as much as 693 MW of onshore wind […]

A Massachusetts-based group developing an energy storage system to support renewable energy resources is moving forward with plans for a prototype facility outside Boston. Fourth Power on Dec. 12 said it received $19 million in funding to help scale its technology, which the company said is more cost-effective than lithium-ion (li-ion) batteries and will provide […]

Spurred by the need to modernize and adapt, utilities are undergoing the same type of widespread digital transformation that other legacy industries have endured, except the power grid presents distinct challenges that add layers of complexity, pressure, and urgency. The International Energy Agency (IEA) recently issued a report warning that to maintain a reliable electricity […]

In an era defined by environmental consciousness and a pressing need to reduce our carbon emissions, renewable energy has emerged as the shining beacon of hope for a sustainable future. As we stand at the crossroads of rapid climate change and continued fossil fuel extraction, the transition to renewable energy sources is no longer a […]

An estimated 90% of software products used to manage the U.S. power grid contains code “contributions” from Russian or Chinese developers. The finding from cyber risk management solution firm Fortress Information Security highlights new supply chain gaps and points to a dire need for more robust strategies to safeguard against insidious threats that lurk in […]

China National Nuclear Corp. (CNNC) announced on Dec. 6 that China’s independently developed high-temperature gas-cooled modular pebble bed (HTR-PM) reactor demonstrator had commenced commercial operation. The HTR-PM project was constructed at a site in Rongcheng, Shandong Province (Figure 1), roughly midway between Beijing and Shanghai in eastern China. Touted as “the world’s first commercially operational […]

A new report from the Solar Energy Industries Association (SEIA) and the Wood Mackenzie research group said the U.S. solar sector is expected to add a record 33 GW of new generation capacity in 2023, a 55% increase from 2022. The groups said that even with growth expected to slow over the next year due […]

More and more businesses are looking to use renewable energy as they set decarbonization goals, with public companies often pushed by shareholders to adopt environmental, social, and governance (ESG) initiatives. The same is true of private enterprise, as business owners look to take advantage of tax credits, rebates, and more to pursue cleaner sources of […]

U.S. climate envoy John Kerry said the U.S. is ready to work with other governments on research and development of nuclear fusion, as part of efforts to produce more carbon-free energy and combat climate change. Kerry made the announcement Dec. 5 at the COP28 climate conference in Dubai, United Arab Emirates. Fusion has long been […]

Investments in renewable energy resources across the U.S. continue to grow, supported by increased federal funding, legislation that improves project economics, and growing demand for cleaner energy. Deloitte, which provides insights and solutions for several industries including the energy sector, on Dec. 5 released its industry outlook for 2024 for renewable energy in the U.S., […]

The U.S. and 21 other countries have said they want to triple the global generation capacity of nuclear power by mid-century. The pledge, announced Dec. 2 at the United Nations’ COP28 climate summit in Dubai in the United Arab Emirates (UAE), comes as more of the world’s governments say increased use of nuclear power is […]

Colorado-based cooperative Tri-State Generation and Transmission Association will accelerate the closure of a coal-fired unit in the northwestern part of the state, and also announced a retirement date for an Arizona coal plant, as part of the utility’s latest electric resource plan (ERP). Tri-State on Dec. 1 also said it wants to acquire at least […]

Utilities are just beginning their journeys to speed up deployment of electric vehicle (EV) charging infrastructure in reaction to increasing EV penetration. In the U.S., EV sales have risen nearly 50% between 2022 and 2023, now accounting for 8% of total industry sales (the Biden administration has a goal of 50% new vehicle sales comprising zero-emission vehicles by […]

This year, many of us watched with audible gasps as high temperatures shattered records and extreme weather destroyed homes and displaced people across the globe. These uncontrolled events have undoubtedly strained our old, antiquated electric grids, causing outages and downtime. The Biden administration has stepped up with $167 Million in energy grid resilience funding to assist in modernizing these […]

The need for flexibility, sustainability, reliability, and resiliency in the electricity sector is bringing varied technologies together in the power generation mix. Hybrid power plants are increasingly part

The use of distributed solar photovoltaic (PV) systems is growing as more homeowners and businesses take control of their energy needs and look for ways to make their electricity supply more reliable and cost-effective. These systems, typically sited on rooftops of residential and/or commercial and industrial buildings, parking garages, or other buildings, are benefiting from […]

Despite its ongoing war with Russia, Ukraine in early November gave state nuclear operator Energoatom the green light to operate Unit 1 of the South Ukraine Nuclear Power Plant for 10 more years. The approval

Have you noticed more electric vehicles (EVs) driving around your neighborhood? According to Kelley Blue Book’s “Electric Vehicle Sales Report Q3 2023,” EV sales volume in the U.S. set a new record in