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Digital transformation is key to making industries more agile, resilient, and sustainable. These are essential qualities if businesses are not only to survive but thrive in the Industry 4.0 era—and the energy industry is no exception. With price volatility set to continue in the natural gas and carbon energy markets, and growing pricing pressure coming […]

An ancient proverb imparts: the fox knows many little things, but the hedgehog knows one big thing. This insight is expanded through the moral of Aesop’s fable, “The Fox and the Hedgehog,” which

Emerson Involved in Coal-to-Biomass Switch. Albioma, a French independent energy provider, is working with Emerson, a global technology and software company, on the transition of the Bois Rouge 108-MW

Longtime Southern Co. CEO Tom Fanning plans to announce his retirement, perhaps by the end of this year, stepping down after leading the company since 2010. A Bloomberg report on July 29, citing “people familiar with the matter,” said the U.S. utility giant already has launched a search to find Fanning’s replacement. Bloomberg reported that […]

The Nuclear Regulatory Commission (NRC) has indicated it will certify NuScale’s 50-MWe (160 MWth) small modular reactor (SMR) design, marking another definitive milestone for the reactor vendor and its technology prospects. The NRC on July 29 said it directed staff to issue a final rule that certifies the standard SMR design, for which NuScale submitted […]

Vietnamese officials said a U.S. utility company plans to develop a $13 billion, 4-GW offshore wind farm that would be sited off that country’s central province of Binh Thuan. Vietnam’s Ministry of Industry and Trade in a statement issued July 29 said AES Corp., a Virginia-based utility that operates in 15 countries, is behind the […]

Solar technology is advancing at a rapid rate, making solar easier to adopt. However, there is still a large potential of growth when it comes to the solar market. Looking at global data, solar photovoltaic (PV) generation has steadily increased for the past several years, and showed the second-largest absolute generation growth of all renewable technologies […]

Southern Co. on July 28 increased its cost estimate for Georgia Power’s share of the two-unit expansion of the Vogtle nuclear plant. Southern, during an investor presentation of the company’s second-quarter financial results, said Georgia Power’s share of capital costs for the project has risen by $52 million, to about $10.5 billion in total. Georgia […]

The inclusion of an estimated $369 billion in energy security and climate change investments in a July 27–unveiled U.S. Senate budget reconciliation proposal has prompted optimism from a range of energy sectors. Less than two weeks after negotiations on clean energy and climate provisions within the reconciliation package hit an impasse and suggested their demise, […]

Global installed hydropower capacity rose by 26 GW in 2021 to 1,360 GW, but that’s far short of the progress needed to achieve the world’s climate change mitigation goals. “We know that to keep climate change below 2°C, or the more challenging 1.5°C net zero target, we will need to see a huge increase in […]