Latest
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Interview
The POWER Interview: Sphera Exec Talks Supply Chain Solutions
Several executives in the power generation space weighed in for POWER’s recent report on supply chain issues in the sector. Sourcing of equipment also was a hot topic in POWER’s 2023 forecast for the industry. It’s no surprise. The power sector is not exempt from the problems that have impacted business and industry worldwide, from […]
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Technology
NuScale Submits Standard Design Approval Application to NRC for Uprated SMR Design
NuScale Power has submitted a standard design approval (SDA) application to the Nuclear Regulatory Commission (NRC) based on its six-module VOYGR-6 configuration, which will use uprated 250-MWth (77-MWe) modules. The step is crucial for the proposed construction of the 462-MWe Carbon Free Power Plant at an Idaho National Laboratory (INL) site. NuScale’s SDA application submitted […]
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Management
Womack Named CEO of Southern Company, Other Leadership Changes Announced
Southern Company’s Board of Directors announced on Jan. 5 that Chris Womack, who has served as president of its largest subsidiary, Georgia Power, since 2020, and as Georgia Power’s chairman, president, and CEO since 2021, has been appointed CEO of Southern Company effective immediately following the conclusion of the company’s 2023 Annual Meeting of Stockholders. […]
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Trends
Grid Infrastructure and Renewable Energy Projects Thrive, Workforce and Supply Chain Issues Continue in 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 least the
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Trends
10 Near-Term Global Power Sector Trends
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 midst of
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Supply Chains
Power Sector Seeks Solutions for Supply Chain Issues
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 domestic
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Energy Security
Enhancing and Hardening the U.S. Power Grid
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 old. The DOE says the U.S. needs to expand
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Nuclear
Being Pro-Nuclear Won’t Be Enough—Here’s Why
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 threaten necessary progress.
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News
Egypt Uses COP27 to Announce Large-Scale Renewable, Hydrogen Projects
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 an
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Renewables
Global Market for PPAs Supports Renewable Energy Projects
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