Power
Monthly Issue | January 3, 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…
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 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…
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…
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…
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…
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 governments, notably…
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…
POWER's editors curate important policy, technology, business, and industry news briefs from around the world in this department. Brazil Formally Restarts Construction of Angra 3 Nuclear Reactor Eletronuclear, a mixed-ownership…
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…
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…
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…
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 years. A…
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.…
There’s a growing belief that hydrogen will play a key role in lowering CO2 emissions. However, there are several caveats in realizing that vision, and in some cases, hydrogen may…
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…
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 can be…
