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Chinese wind turbine makers continue to pace the global market, taking four of the top five spots in a ranking of the world’s top manufacturers of both onshore and offshore wind power equipment. Research from BloombergNEF (BNEF) published March 27 showed global wind power generation capacity additions hit a record 118 GW in 2023. BNEF’s […]

The state-owned nuclear energy group of the United Arab Emirates (UAE) has expressed interest in supporting nuclear power projects in Europe. The news comes just weeks after the fourth unit of the emirate’s only nuclear power plant, the Barakah station (a POWER Top Plant in 2021), began delivering electricity to the grid. The Khaleej Times, […]

The global power industry stands at a crossroads, tasked with delivering reliable power amidst surging demand and urgent environmental concerns. In response, the sector has embraced digitalization, making technology the linchpin for operational excellence, efficiency, and resilience. This whitepaper explores the imperative of effective digital integration in the power sector, outlining strategic imperatives for successful […]

A significant disconnect between political rhetoric and the practical realities of energy production is posing an insidious hurdle for the future of power, former Sen. Mary Landrieu (D-Louisiana) has warned. Speaking candidly to POWER during CERAweek by S&P Global in Houston on March 21, the influential three-term Democrat (1997–2015) who chaired the U.S. Senate Energy […]

America faces many energy-related challenges going forward, but none is more important than the need to modernize the U.S. electric grid—but right now the permitting process for building out and strengthening America’s power grid is not set up for success. Talk to just about anyone in the energy sector and you’ll hear about projects that […]

AccuWeather’s team of expert meteorologists is warning people and businesses to start preparing for a frenzy of tropical activity that could have major impacts on the U.S. this hurricane season. “The 2024 Atlantic hurricane season is forecast to feature well above the historical average number of tropical storms, hurricanes, major hurricanes, and direct U.S. impacts,” […]

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 […]