In This Issue
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Trends
Grid Infrastructure and Renewable Energy Projects Thrive, Workforce and Supply Chain Issues Continue in 2023
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
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Trends
10 Near-Term Global Power Sector Trends
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
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Supply Chains
Power Sector Seeks Solutions for Supply Chain Issues
The pandemic exposed issues with the global supply chain that provides resources for power generation. The pressure of having enough equipment to meet industry needs has spurred an emphasis on domestic
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Energy Security
Enhancing and Hardening the U.S. Power Grid
It’s no secret that the U.S. power grid needs some work. According to the U.S. Department of Energy (DOE), nearly 70% of the nation’s grid is more than 25 years old. The DOE says the U.S. needs to expand
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Nuclear
Being Pro-Nuclear Won’t Be Enough—Here’s Why
Nuclear energy—not just nuclear power—is seeing a burst of innovation unlike anything seen since the 1950s. While the strong momentum for the dispatchable zero-carbon energy source is promising, prominent pitfalls threaten necessary progress.
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News
Egypt Uses COP27 to Announce Large-Scale Renewable, Hydrogen Projects
The recent United Nations (UN) COP27 climate conference in Egypt was host to several announcements of large-scale renewable energy projects, including one of the world’s largest wind farms, along with an
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Renewables
Global Market for PPAs Supports Renewable Energy Projects
Large global corporate groups continue to buy stakes in major renewable energy projects and sign power purchase agreements (PPAs) designed to provide long-term electricity for their operations. Some
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IIOT Power
Experts Explain: Digital Twins
In this fresh series, POWER’s editors choose a multifaceted topic that may have myriad applications or implications, and ask an array of key industry stakeholders for their perspectives. This month’s
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Trends
POWER Digest [January 2023]
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
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Commentary
Are We Headed for a Reliability Train Wreck?
So far, utilities have announced plans to retire some 93,000 MW (nameplate) of coal—almost half the existing coal fleet—by the end of this decade. Coal retirements combined with increasing penetration of
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Workforce
Three Ways Power Companies Should Plan Ahead to Integrate, Activate, and Retain Top Talent
Workforce issues are top of mind at many power companies. As workers become harder and harder to find, it’s important for leaders to implement proven strategies for recruiting and inspiring qualified team
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Renewables
Risk Mitigation: An Essential Prerequisite for Inflation Reduction Act Funding
The groundbreaking Inflation Reduction Act (IRA) will put hundreds of billions of dollars toward renewables. As the most comprehensive energy policy in recent years, the IRA is already having a profound impact
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O&M
Water Chemistry Important to Avoid Equipment Damage
Technology advances for heat recovery steam generators (HRSGs) at power plants continue to provide higher efficiency, with major gains recognized in natural gas–fired and cogeneration systems in recent
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Legal & Regulatory
Identifying State-Focused Renewable Energy Tax Exemptions
President Joe Biden last year signed the Inflation Reduction Act (IRA) that, in addition to a number of other actions, extended and enhanced a number of green energy tax opportunities. Notably, it extended the
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Hydrogen
Should We Really Use Renewable Electricity to Make Green Hydrogen? Not Always
There’s a growing belief that hydrogen will play a key role in lowering CO 2 emissions. However, there are several caveats in realizing that vision, and in some cases, hydrogen may not be the right choice
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O&M
APM: Making It Easy to Maintain a Greener Grid
The Inflation Reduction Act gave the power generation industry the push it needed to go all in on renewable energy. In the short term, we’ll see more solar and onshore wind. In the long term, we’ll have
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Research and Development
Enterprise Asset Management: Empowering Stronger Vision for Net-Zero Reality
Managers are constantly battling to improve efficiency and become more sustainable. Having effective asset management tools can help decision-makers visualize what’s working well and what isn’t, so fixes