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Buoyed by two major developments last week for prospective customers, NuScale Power is maintaining “strong program momentum” toward commercialization of its small modular reactor (SMR) technology, the company told POWER.  On Oct. 16, the Department of Energy (DOE) approved a $1.355 billion award to fund the Carbon Free Power Project (CFPP), a potential 720-MWe NuScale […]

Compact (H-type) vertical-axis wind turbines (VAWTs) are not as familiar as their horizontal-axis, propeller-type cousins. The two have their origins in the windmills of the 12th century, and even earlier, but the former has lacked financing, and research and development resources that have been poured into the latter to produce some of the lowest-cost energy […]

This has been the year from hell for coal-fired power and the coal industry. If current projections hold, coal generation in 2020 will be 21% lower than last year and 62% lower than the 2007 peak. The coal share of the generating mix, which for decades hovered around 50%, will finish the year at 20%, […]

The growth of energy storage, along with deployment of new technologies, is at the heart of the future of distributed power generation. That’s according to industry executives participating in POWER’s Distributed Energy Experience. Woody Rubin, president of AES Distributed Energy, provided a keynote address on Oct. 20, talking about the rise of solar-plus-storage applications and […]

The benefits of offshore wind power have become indisputable. While it takes significant investment to bring these sources of power about, we can see that where offshore wind is being introduced, jobs are being created and clean, sustainable energy is being generated. Despite these clear and appealing benefits, however, only a handful of countries have […]

AECOM has announced the closing of the sale of its Power construction business to affiliates of CriticalPoint Capital LLC. Terms of the deal were not disclosed. The Los Angeles, California-based infrastructure consulting firm, which this month announced a restructuring plan, earlier this year closed on the $2.4 billion sale of its Maryland-based Management Services business—which […]

EnTech Solutions, a sister company of Faith Technologies, was created to provide renewable, resilient energy solutions that enable its partners to control energy costs and reliability and minimize their environmental impact. EnTech utilizes microgrids that leverage proprietary power control hardware, energy management software, energy storage and other distributed energy resources (DERs) to consistently deliver high-value, […]

Doubling down on its net-zero efforts, Duke Energy will retire all coal-only units in the Carolinas, multiply its renewable portfolio, and cease emitting methane in its natural gas business by 2030.  The company made the announcements on Oct. 12 at its first environmental, social and governance (ESG) day, a virtual event geared toward its investors. […]

The Orlando Utilities Commission (OUC) said it plans to eliminate the group’s use of coal for power generation no later than 2027, including converting two coal-fired units at its Stanton Energy Center to run on natural gas. The Florida utility’s management on Oct. 14 made the recommendation as part of its Electric Integrated Resource Plan […]

Tax credits and incentives, also known as C&I, have long been important to support the growth of energy technologies, from oil and gas exploration to solar and wind power. Federal tax credits have lifted the U.S. renewable energy industry over the past decade, leading to rapid growth in the sector. Laurence Sotsky is the CEO […]