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  • Award-Winning Coal Unit Set for Retirement

    The five owners of a 410-MW coal-fired unit at the Craig Generating Station in Colorado have said they will retire the generator on Sept. 30, 2028, about one year before what will then be the last operating unit at the facility will be shuttered. Owners of the Yampa Project—Units 1 and 2 at the site […]

  • What Is DERMS and How Can It Help Utilities?

    A distributed energy resource management system, or DERMS, is a software platform used to manage a group of distributed energy resource (DER) assets—such as rooftop photovoltaic solar panels, behind-the-meter batteries, or a fleet of electric vehicles—to deliver vital grid services and balance demand with supply to help utilities achieve mission-critical outcomes. As a guest on […]

  • U.S. Bank Set to Lift Ban on Supporting Nuclear Power

    A government-run development bank is expected to end its ban on investment in nuclear energy, a move that could allow U.S. companies to take a greater role in foreign nuclear power projects. The U.S. International Development Finance Corporation (DFC) as early as this week could lift its prohibition on supporting nuclear power. The DFC on […]

  • German Lawmakers Sign Off on Phase-Out of Coal

    Germany’s plan to end coal-fired power generation in the country is now official, as both houses of the German parliament approved the plan to shut down the last coal units by 2038. Lawmakers signed off on the deal July 3. Environmental groups have supported the measure, though some say it does not go far enough […]

  • [VIDEO] POWER Insights—Bringing Electricity to Underserved Areas

    More than half of the population of Africa, or about 640 million people out of about 1.2 billion, does not have access to energy. It’s the lowest access rate for electricity worldwide. Bringing power to those people is important work, being led by people such as Damien Simon,  marketing and strategy director for Paris, France-based […]

  • Egypt Warns Ethiopian Mega-Dam May Provoke Conflict, Crises

    Ethiopia, Egypt, and Sudan may be poised to end a decade-long dispute over waters from the River Nile, agreeing on June 27 to conclude trilateral negotiations and reach final agreement about the first filling and annual operation of the massive 6.4-GW Grand Ethiopian Renaissance Dam (GERD) within the next two weeks. The agreement announced on […]

  • How Digital Disruption Will Reshape the Maintenance Management Sector

    The imperatives of maintenance management have always been maximizing the availability, quality, and effectiveness of the equipment. And all of these must be achieved at the lowest possible cost in terms of machine and material. According to a report, the maintenance of manufactured products costs more than 30% of the operating costs. Over the past […]

  • Hitachi Absorbs ABB Power Grids in New $10B Joint Venture

    Hitachi on July 1 commandeered a majority share of ABB’s lucrative Power Grids business and officially launched a joint venture company—Hitachi ABB Power Grids. The new company, which already has a volume of about $10 billion, is expected to provide financial muscle to support ambitious projects and new business opportunities as the sector embraces decentralization […]

  • RWE, E.ON Deal Will Reshape Energy Markets

    Two German energy heavyweights have completed an asset swap that will have a major impact on the global market for renewable energy. RWE and E.ON on July 1 closed a deal that had been months in the making, with RWE taking on the assets of Innogy, an E.ON subsidiary (and former RWE company), to make […]

  • The Evolution of Power Business Models

    Traditional models have been upended by recent disruptions, including decarbonization, decentralization, and even the COVID pandemic, but new ones are replacing them that focus on customer preference