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Pennsylvania, a major power producer that relied on fossil fuels for 66% of its net power generation in June, plans to maintain its nuclear generation at current levels until it can ramp up other carbon-free supplies to 100% by 2050, the state’s Sept. 22–released 2021 Climate Action Plan suggests.  The measures are part of a […]

Poland’s push for nuclear power could include repurposing of coal-fired power plants with small modular reactor (SMR) technology from NuScale Power. NuScale on Sept. 23 announced it had signed a memorandum of understanding (MOU) with two Polish companies, KGHM Polska Miedź S.A. (KGHM), and Piela Business Engineering (PBE), to explore how NuScale’s technology could be […]

Partners developing the 800-MW Vineyard Wind 1 offshore wind farm have announced they will swap assets jointly owned by their 50/50 Vineyard Wind joint venture to allow each party to focus on its separate expansion within the burgeoning U.S. offshore wind industry once the 800-MW Vineyard Wind 1 offshore wind farm is operational. The Vineyard […]

Most people recognize that carbon dioxide (CO2) is a greenhouse gas (GHG), and while not everyone agrees, a majority of climate scientists believe increasing concentrations of GHGs in the atmosphere are causing climate change on Earth. Carbon pricing is a market-based strategy for reducing CO2 emissions. The goal of carbon pricing schemes is to place […]

A group of energy sector entrepreneurs, supported by a Scottish multi-national energy company, has announced the launch of a business venture focused on rolling out large-scale wind and solar farms across the UK and Europe. Renewco Power on Sept. 22 said it wants to develop more than 4 GW of renewable energy projects in the […]

For the progressive development of modern civilization, access to minerals is critical. The main recoverable reserves of such minerals are often located at high latitudes. For example, a significant number of the world’s hydrocarbon deposits are located above 60 degrees North latitude. Our company, Noyabrskie Power Grids, is also located in this area, and its […]

Everyone in the power industry is familiar with Siemens Energy. Its technology is behind about one-sixth of the world’s power generation, and even a larger portion than that in the U.S.—roughly a third. Yet, Siemens Energy as currently organized is a fairly new entity. The company was spun off from Siemens AG and began trading […]

Holtec International’s ambitions to install its first set of SMR-160 small modular reactor nuclear plants in the U.S. by 2030 may be a “credible target,” the company’s advisory council comprising 20 utility and nuclear industry leaders has reportedly determined.  The Holtec Advisory Council, a body that provides Holtec with “input on the technical and commercial merits […]

Vineyard Wind 1, an 800-MW phase of an offshore wind project offshore Massachusetts, has achieved financial close. The milestone, a first for a U.S. commercial-scale offshore wind farm, now allows Vineyard Wind to provide its contractors with a notice to proceed with construction.  Vineyard Wind, a joint venture between AVANGRID subsidiary Avangrid Renewables and Copenhagen […]

Ethiopian officials have said they are moving closer to commissioning the Grand Ethiopian Renaissance Dam (GERD) hydropower installation, part of 71 power projects included in a $40 billion investment package to increase the country’s electricity generation over the next decade. The 5.2-GW GERD project, being built on the Blue Nile River and set to more […]