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Software giant Microsoft on May 10 announced it has signed a power purchase agreement (PPA) with nuclear fusion startup Helion Energy to buy electricity from Helion as soon as 2028. Andrew Holland, CEO of the Fusion Industry Association, said Microsoft’s deal is the first time a fusion company has signed a deal to sell electricity. […]

We are in the preliminary stages of an historic transition from internal combustion engine (ICE) vehicles to battery electric vehicles (BEVs). The transition will be expensive and difficult in many ways. Innovation should ease this transition. Recently filed patent applications may provide clues about the direction of BEV innovation. COMMENTARY Most U.S. patent applications are […]

New York-based energy investment firm LS Power on May 8 said it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 MW of natural gas-fired power generation in the ERCOT North region of Texas. The deal comes six months after a federal bankruptcy court judge approved Brazos’ reorganization plan, which includes a […]

Westinghouse has officially unveiled the AP300, a “downsized” version of the company’s flagship AP1000 Generation III+ pressurized water reactor (PWR) technology. While the small modular reactor (SMR) will enter a nuclear market already rife with development, the AP300’s “nth-of-a-kind” basis positions it as a strong competitor, the company told POWER. The 300-MWe/900-MWth AP300, launched on May 4, […]

A massive wind power project in New Mexico will include a transmission line to deliver the installation’s electricity across the southwestern U.S. Pattern Energy Group, a California company that develops renewable energy projects globally, on May 4 said it has chosen Hitachi Energy and Quanta Services to build the SunZia Transmission and Wind project, which […]

A coalition of companies working in the U.S. clean energy sector has released its latest report on the nation’s offshore wind market, noting projects totaling more than 51 GW of capacity are in a growing pipeline of expected installations. The Washington, D.C.-based American Clean Power Association (ACP) on May 4 said it is tracking projects […]

The world is currently going through a major shift toward clean energy, triggered by concerns over climate change, depleting resources, and energy security. The energy transition is a massive undertaking, requiring significant investment and a long-term vision. However, as with any transition, there are challenges and uncertainties, and this is where hedging and trading come […]

New technology is regularly being developed and enhanced to improve power delivery and incorporate more renewable energy into systems. ABB Energy Industries is among the companies investing in solutions to make future power systems better. Among its current focus areas are deploying subsea power distribution and conversion concepts to support the floating offshore wind industry, […]

Texas officials on May 4 warned that peak demand for electricity could—for the first time—exceed the amount the Electric Reliability Council of Texas (ERCOT) can generate from on-demand dispatchable power, forcing the grid operator to rely on renewables to keep the lights on this summer. During an annual public update ahead of summer 2023, Peter […]

Israel’s governmental energy agency said the country plans to build four major battery energy storage system (BESS) projects in the northern Gilboa mountain region. The Ministry of Energy and Infrastructure on May 2 said the projects are the first step in a “program of great importance for the energy sector.” The program is designed to […]