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Billions of dollars are supporting renewable energy development in the U.S. The International Energy Agency has said record amounts of spending on clean energy will increase global energy investment by 8% in 2022. Julie McLaughlin, a managing director with Alvarez & Marsal’s U.S. Energy practice in San Francisco, California, has extensive experience in the energy space, working with […]

California’s lawmakers have passed Senate Bill 846, effectively offering Pacific Gas and Electric (PG&E) a pathway to keep the Diablo Canyon nuclear power plant open until at least 2030. The bill, authored by Assemblymember Jordan Cunningham, a Republican from San Luis Obispo, and Democratic state Sen. Bill Dodd of Napa, passed the California Assembly by 69–3 […]

In the power generation industry, it is challenging to find enough resources to address all your needs. On top of that, the power business operates in volatile markets with changing price signals and competitive forces. Energy companies must be prepared to adapt and change to deliver top asset performance. You need to routinely question existing […]

In another high-profile leadership shuffle at a major U.S. power generating company, PSEG’s longtime president and CEO Ralph Izzo on Sept. 1 passed leadership of the regulated infrastructure company to Ralph LaRossa, who was previously PSEG’s chief operating officer (COO). Izzo, who will continue to serve as executive chair of the PSEG board until December […]

General Electric’s (GE’s) H-Class power generation equipment technology will be used at a new natural gas-fired power plant in Louisiana. GE on Sept. 1 said it received an order from Kindle Energy for a 7HA.03 gas turbine to serve the 725-MW Magnolia Power Project that will be built in Plaquemine. The new facility is expected […]

CORE POWER announced that it and its partners, the MIT Energy Initiative and the Idaho National Laboratory, were granted funding by the U.S. Department of Energy’s (DOE’s) Nuclear Energy University Program (NEUP) for a three-year study into the development of offshore floating nuclear power generation in the U.S. “It is an important step forward for […]

Siemens Gamesa said it has sold its renewable energy assets in southern Europe to SSE Renewables, a division of Scottish multinational energy company SSE. The deal announced Sept. 1 is for a 3.8-GW portfolio of projects, including onshore wind facilities in Spain, Italy, Greece, and France. The agreement also includes potential opportunities for Siemens Gamesa […]

Two major U.S. gas power plants will be part of the Department of Energy’s (DOE’s) efforts to develop carbon capture technologies capable of capturing at least 95% of carbon dioxide.  The agency’s Office of Fossil Energy and Carbon Management (FECM) on Aug. 26 announced $31 million in funding for 10 projects. While many of the […]

The Bighorn Solar farm has been called the future of renewable energy. It’s a project dedicated to providing cleaner power for a major industrial facility, while also investing in the community and

When a sinkhole was discovered near the base of the Boone Dam embankment, the Tennessee Valley Authority’s dam safety engineers went to work determining the best fix. The complexity of the work and quality