Latest
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Gas
Three Texas Gas-Fired Plants Sold in $635 Million Deal
A France-based energy group said it has an agreement to buy three natural gas-fired power plants in Texas. The facilities, one near Dallas and two south of Houston, represent about 1.5 GW of generation capacity. TotalEnergies, a multinational company operating in several energy sectors and headquartered in Paris, France, announced the $635 million deal on […]
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Solar
Major Renewable Energy Projects Announced Across Western U.S.
U.S. Interior Secretary Deb Haaland said the agency’s Bureau of Land Management (BLM) is developing 15 new renewable energy installations across the western U.S., including some that recently have begun commercial operation. Haaland provided an update on the projects Nov. 6 as she addressed the Western Governors Association Winter Meeting in Jackson Hole, Wyoming. Haaland […]
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Offshore Wind
Vestas Will Supply 15-MW Turbines for South Korean Offshore Wind Project
Vestas will supply 33 of the company’s wind turbines for a major floating offshore wind project in South Korea. The Ulsan Gray Whale 3 installation, which was announced in March of this year with few details, is part of a 1.5-GW floating wind development being built in three phases in an area about 37 miles […]
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Coal
China Will Guarantee Financial Support for Coal-Fired Power Plants
A government agency in China announced that operators of coal-fired power plants will receive guaranteed payments based on the installed capacity of their units, part of a program to ensure a stable power supply across the country. The National Development and Reform Commission (NDRC), in a notice published Nov. 10, said the program will commence […]
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Legal & Regulatory
FERC’s Enforcement in Demand Response Case a Lesson for Utilities
For energy consumers that have flexibility to modify their energy use in response to direction from a utility or the relevant transmission operator (i.e., to reduce load by changing or rescheduling what they are doing), selling demand response (DR) can be a lucrative additional revenue stream. Depending on the location, such consumers may have multiple […]
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Nuclear
UAMPS and NuScale Power Terminate SMR Nuclear Project
Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corp. (NuScale) have mutually agreed to terminate the Carbon Free Power Project (CFPP), a small modular reactor (SMR) project that was planned for construction on Idaho National Laboratory (INL) property near Idaho Falls, Idaho. “Despite significant efforts by both parties to advance the CFPP, it appears […]
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Gas
Canadian Court Backs Bitcoin Miner’s Bid for Gas-Fired Power Plants
A Canada-based digital asset mining and computing company is close to acquiring four small natural gas-fired power plants in Ontario. Hut 8 Mining Corp., headquartered in Toronto, on Nov. 3 announced the Ontario Superior Court of Justice approved the company’s bid for the facilities, and for a bitcoin mine in North Bay. The gas-fired plants […]
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Gas
South Africa Will Add 3 GW of Gas-Fired Generation
An official with South Africa’s government said the country will accelerate its development of natural gas-fired power generation as energy shortages continue to be a challenge for the nation’s economy. Kgosientshjo Ramakgopa, the country’s electricity minister, on Nov. 5 detailed plans for at least 3 GW of new gas-fired capacity. South Africa has endured rolling […]
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Commentary
Current Trends in Climate Change Technology Investment
As the world grapples with fast-changing weather patterns, wildfires, record-breaking heat, and many other climate-related issues, it is becoming increasingly important to develop the technologies that will help to combat climate change. There is a race to develop new technologies that can capture, remove, and store carbon, create renewable energy, improve energy management and efficiency, […]
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Nuclear
Nuclear Industry Giants Collaborate on European Projects While Japan Expands Partnership with U.S. Reactor Designer
Westinghouse Electric Company and Bechtel have together proposed a deal to supply the Czech Republic with as many as four AP1000 nuclear reactors. The proposal aims to construct one or two units at the Dukovany nuclear site and two additional units at the Temelin site. The Dukovany site currently has four Russian-designed VVER-440 nuclear units, […]