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A UK-based energy supplier that counts former U.S. Vice President Al Gore among its investors announced it would pour about $20 billion into offshore wind projects by 2030. Octopus Energy Group on July 24 said the investment would come through its generation division. The company said it envisions building 12 GW of offshore wind capacity […]

Extreme temperature and weather events have become more prevalent in the past decade. In fact, July 2023 is shaping up to be “the hottest single month on Earth on record, and possibly in more than 100,000 years,” according to an article published by The Washington Post. The article, published on July 20, says, “Every day […]

Site safety, equipment reliability, and a balanced budget from smooth operations are the cornerstones of a successful power grid. Today’s utility companies face immense challenges with current equipment monitoring practices, such as failures from aging electrical equipment, the need to extend the life of critical assets, and carrying out ongoing lifecycle management that is essential […]

The oft-delayed two-unit expansion of the Vogtle nuclear power plant in Georgia took another step forward on July 21, as Georgia Power said several tasks needed for Unit 4 at the site have been completed and the company is readying the reactor for fuel loading. The utility on Friday announced that Southern Nuclear, part of […]

Solar energy is a clean and environmentally friendly source of energy. It can also help in reducing the global carbon footprint and mitigating the impacts of climate change. Due to the positive aspects of solar energy, its demand is growing exponentially. Photovoltaic (PV) modules are undoubtedly the most significant component of a solar power system. […]

The 19th century battle between Nikolai Tesla’s alternating current (AC) and Thomas Edison’s direct current (DC) technologies had an undisputed winner. The vast majority of the world’s transmission and distribution grids work now on AC. But DC—and high-voltage direct current (HVDC)—is attracting renewed interest. New Applications Emerge for HVDC The benefits of HVDC include its […]

Regardless of industry, regular expansion joint inspections by Proco could help improve your systems. Expansion joints are flexible connectors used in every industry, typically installed with pumps and valves, that allow movement through rigid systems. This flexibility and movement help the joints protect pumping systems and other critical equipment from damage by absorbing vibration and […]

There are many reasons to be excited about the U.S. nuclear power industry and its potential for growth. For activists focused on climate change, its carbon-free attribute makes it a viable long-term power resource. Additionally, its around-the-clock generating capability makes it a vital option in a world increasingly filled with intermittent renewables. Furthermore, new technology […]

Much of the discussion after the U.S. Environmental Protection Agency (EPA) earlier this year issued new emissions standards for power generation units focused on the impact for coal-fired power plants. The rule in effect would require most fossil fuel-burning power plants to reduce their greenhouse gas (GHG) pollution 90% between 2035 and 2040. Energy industry […]

In more than one RTO market, aggregators may find themselves in the position of making capacity offers for future delivery periods based on projections of how much aggregated capability they will have available in the future. This presents somewhat of a dilemma, as there are financial incentives to project aggressively. COMMENTARY Capacity revenues may play an […]