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As the world looks toward innovative technology to help reduce the carbon footprint, scarcity of resources has become a significant challenge. With no single technology being enough to accommodate the green transition, we’re seeing massive investments in both fuel cell- and battery-related technologies. Some large-scale investments include new battery technologies for electric vehicles (EVs), wind […]

GE Hitachi Nuclear Energy (GEH) has submitted a Generic Design Assessment (GDA) entry application for its BWRX-300 small modular reactor (SMR) to UK authorities, kicking off a key regulatory process that could give the advanced nuclear technology a competitive edge as the country races to potentially triple its nuclear capacity to up to 24 GW by […]

Vattenfall, the Sweden-based multinational power company, will build and operate Finland’s first gigascale offshore wind farm as part of a joint venture with Finnish state-owned seabed and forest management group Metsähallitus. The project announced Dec. 20 is the 1.3-GW Korsnäs plant in the Bay of Bothnia, which sits between Sweden and Finland in the Baltic […]

A new report from industry group SolarPower Europe shows that solar installations in the European Union increased by almost 50% year-over-year in 2022, to a record 41.4 GW of generation capacity. “The numbers are clear. Solar is offering a lifeline amid energy and climate crises,” said Walburga Hemetsberger, CEO of SolarPower Europe. “No other energy […]

The announcement that scientists at a California laboratory achieved a net energy gain from a fusion reaction sparked plenty of debate about what it means for the power generation industry. The breakthrough at the world’s largest nuclear-fusion site—the National Ignition Facility (NIF) at the Lawrence Livermore lab—which occurred on Dec. 5 and was publicly announced […]

Major French utility Electricite de France SA (EDF) said it will again extend maintenance outages at some of its nuclear reactors by several months, meaning France will continue to import power and putting more strain on the country’s supply of electricity. EDF has returned some nuclear units to service in the past several weeks, but […]

Hitachi Energy will spearhead the modernization of a key high-voltage direct current (HVDC) system in Canada to support the transmission of 1,500 MW of renewable power between Quebec and New York state’s electrical networks. Hydro-Québec, Canada’s largest power utility, on Dec. 15, picked the global technology firm to supply a “back-to-back” converter station at Châteauguay, […]

General Electric (GE), which has restructured its operations in recent years and in July announced its energy and other businesses would have new brand names, on Dec. 15 said its energy group would be headquartered in Massachusetts. GE Vernova, the company’s portfolio of energy divisions, will have its main office in Cambridge, just a few […]

EY earlier this month released the findings from its Energy Consumer Survey 2022. The report is “focused on how energy impacts the lifestyles and wallets of consumers,” according to the company. EY is the trade name for Ernst & Young, the multinational professional services group headquartered in London, UK. The report is based on a […]

Countries’ timelines to becoming energy secure and reaching net-zero targets have shortened. Major contributing factors include COVID-19’s impact on supply chains and the war in Ukraine. Alongside this are external influences such as COP27, or the landmark U.S. Climate Bill, which will direct almost $370 billion toward rapidly scaling renewable energy production and reducing emissions. Already, intergovernmental […]