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The Public Utility Commission of Texas (PUCT) has executed its first agreement under the Texas Energy Fund (TxEF) Completion Bonus Grant (CBG) Program, awarding the Lower Colorado River Authority (LCRA) up to $22.56 million for its 188-MW Timmerman Power Plant Unit 1, a new natural gas–fired plant in Caldwell County, Texas. The agreement marks the operational launch of Texas’s performance-contingent funding mechanism, which is designed to accelerate […]

Ammonia-to-power solutions provider Amogy will join with South Korea’s Samsung Heavy Industries in a multi-year strategic contract manufacturing partnership. The companies on November 12 said SHI plans to establish a dedicated facility in South Korea to produce and test Amogy’s ammonia-to-power systems.

Whether a power plant burns coal, gas or biomass – when process equipment has been in operation for many years, the question of modernisation inevitably arises sooner or later. By retrofitting intelligent electric actuators, existing plants can make the leap into the digital future. There are plenty of reasons to modernise or replace process equipment […]

Securing a reliable supply of electricity requires plenty of research to balance the risks and rewards of striking a deal.

What’s driving a fundamental shift in engineering, procurement, and construction (EPC) contracting? Equipment lead times. Workforce shortages. Data center timelines. POWER examines how the traditional EPC

From financial dashboards to factory-based assembly, utilities and their contractors are deploying new tools and processes to improve project cost performance. In decades past, the decision to pursue a major

Traditional owner-EPC relationships relied on sequenced approvals and risk allocation tied to project maturity. Today’s interdependent infrastructure, including for the grid, generation, storage, and

The retirement of older thermal power generation facilities, driven by a transition to cleaner forms of energy, has increased in recent years as utilities and other power generators mothball plants that are uneconomic or simply no longer needed.

It’s never been more important than it is today for power construction projects to progress smoothly. With the demand for power growing quickly due to the explosion in data center development, and the trend

California-based Nextracker has announced its corporate rebranding to Nextpower. The company on November 12 said the new name reflects the group’s transformation into a global supplier of fully integrated energy technology solutions.