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Global upheaval in energy markets has been exacerbated by the coronavirus pandemic, and by ever-changing political winds, with energy investors at times torn between finding the best returns while also considering the impact of climate change. Many economies depend on fossil fuels, so moves away from coal-fired power and other forms of thermal generation can […]

Wrapping up an eventful year for advanced nuclear, the Department of Energy’s (DOE’s) Office of Nuclear Energy announced $20 million in awards for the third of three pathways under its Advanced Reactor Demonstration Program (ARDP).  The ARDP program, which the DOE officially launched on May 14, will leverage Congressionally appropriated funding to enable actual construction of […]

Enterprise asset management (EAM) involves a combination of software, systems, and services that are used to maintain and control operational assets and equipment. The aim is to optimize the quality and utilization of assets throughout their lifecycle, increase uptime, and reduce costs. EAM involves work management; asset maintenance; planning and scheduling; supply chain management; and […]

The energy industry in Africa is staging a comeback after the pandemic’s significant economic impact over 2020. In 2021 and beyond, according to the Africa Energy Chamber (AEC), the revival will focus heavily on gas for power. While much progress has been achieved in the region’s vast and diverse power space, Africa’s power sector continues […]

Lawmakers in Massachusetts have passed a bill that eyes net-zero greenhouse gas (GHG) emissions statewide by 2050, setting interim GHG reduction targets to achieve reductions of least 85% below 1990 levels within the next 30 years. On Jan. 4, both chambers of legislature passed S.2995, “An Act Creating a Next-Generation Roadmap for Massachusetts Climate Policy,” […]

As we get closer to the presidential inauguration, and with President-elect Biden’s announcement of his Cabinet picks for the Department of Energy (DOE), Environmental Protection Agency (EPA), and the Department of the Interior (Interior), we begin the inevitable hypothesizing about which “Day 1 actions” will be taken, which actions will be among the administration’s “100 […]

Affiliates of one of South Korea’s largest business conglomerates announced they no longer will provide financial support for coal projects, putting in jeopardy plans to finish a 2,100-MW coal-fired power plant project that has been expected to come online in 2024. The six financial affiliates of the Hanwha Group, during a video conference on Jan. […]

2020 was a transformative year for the power sector, underlining both new challenges and potential opportunities. We not only saw how severe weather event threats, such as the wildfires and public safety power shutoffs in California, continued to illustrate the fragility of our existing centralized electric distribution system, but we simultaneously experienced the struggle of […]

Wind and solar power capacity and generation have been growing steadily for years, as efforts to halt climate change and a desire for clean energy have gained public support around the world. As renewable

Roiled over 2020 by the COVID-19 pandemic, two much-watched international power market outlooks surveying short-term and long-term implications caution the road ahead will be ridden by complexity. The