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CPS Energy will acquire Talen Energy’s 1.7-GW portfolio—comprising three natural gas–fired power plants—in the Texas market for $785 million. The nation’s largest municipally owned power entity on March 27 said it reached an agreement with competitive generator Talen Energy for the acquisition. The transaction is expected to close in the second quarter of 2024, “subject […]

The U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades LLC to finance the restoration and resumption of service of the Palisades Power Plant, an 800-MW nuclear generating station in Covert Township, Michigan (Figure 1). The project aims to bring […]

The push for electrification of the transportation sector is being supported by companies making significant investments in charging infrastructure. These groups are taking innovative approaches, including utilizing solar power, to providing the electricity necessary for a network of charging stations. Greenlane on March 27 announced a major project that features a 280-mile charging corridor that […]

Developments in communication technology, including software applications and new control hardware, are providing utilities the ability to monitor assets, analyze alarms, and control their power generation facilities remotely. Companies are using new technology to address power plant operations, support maintenance tasks, and ensure proper compliance reporting and incident response. Remote monitoring was part of POWER’s […]

Ubiquitous and secure access to business applications is critical to the energy industry. Compatibility with existing infrastructures and enabling remote workers with strong access management and control has made virtual desktop infrastructure (VDI) a trusted, reliable tool for many businesses. However, as energy companies deploy applications to tens of thousands of employees across the globe, […]

Eight engineering, procurement, and construction contract packages have been unveiled for the UK’s Teesside-based Net Zero Teesside Power (NZT Power), a landmark integrated project that could become one of the world’s first commercial-scale gas-fired power stations equipped with carbon capture when it begins operation in 2027. NZT Power, a joint venture between bp and Equinor, […]

The UK government has ambitions for 24 GW of nuclear energy by 2050 to help in providing energy security for the UK and for meeting its net-zero goals. Among groups helping to revive and expand the UK’s nuclear industry is the University of Sheffield Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC), part of the High […]

Vietnam’s renewable energy goals are taking a step forward with the installation of a wind farm that will feature the largest onshore wind turbine installed in the country to date. China’s Shanghai Electric in February announced its subsidiary, Electric Wind Power, will supply its advanced wind turbines to joint venture partners Hai Anh Wind Power […]

The Earth is a tremendous source of power. We’re sitting on a dynamic ball of fire, from which only a few regions have been able to extract energy since the 15th century. In recent decades, geothermal has been heralded as the most promising clean energy option and also a disappointment for the lack of implementation. […]

In the midst of the energy transformation taking place around the world, lithium-ion batteries stand as pivotal components for both electric vehicles (EVs) and energy storage systems, demanding momentum in technology advancements to encourage greater adoption. As the race for affordable next-generation batteries intensifies, a seemingly unassuming yet significant component takes center stage: silane. POWER […]