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It’s a time of great transition in the power industry. Not only are generation resources changing, but so are the work skills needed to operate and maintain those resources. Meanwhile, a large number of workers are reaching retirement age, leaving open positions that had long been filled by highly experienced staff. And the talent pool […]

Japanese technology conglomerate Hitachi will withdraw from Mitsubishi Hitachi Power Systems (MHPS), a joint venture it established in 2014 with another power equipment giant, Mitsubishi Heavy Industries (MHI), over a dispute stemming from construction of two massive defect-ridden coal plants in South Africa. Under a Dec. 18-announced settlement reached by MHI and Hitachi, Hitachi will […]

HyperSolar Inc. said it has demonstrated a working version of a “large-scale hydrogen unit device” that it expects will lead to the production of full-sized panels for a first-generation (GEN 1) pilot plant. The company said its “breakthrough technology” uses sunlight in a “low-cost photoelectrochemical process” to separate hydrogen from water, producing “clean and environmentally […]

A Canada-based company that wants to commercialize nuclear fusion technology announced Dec. 16 that it raised more than $100 million in its latest round of financing, doubling its financial support. General Fusion, headquartered in Vancouver, British Columbia, is backed by Amazon founder Jeff Bezos. The company, which includes investors Bezos Expeditions and Chrysalix Venture Capital, […]

The European Union (EU) on Dec. 16 announced an agreement among its member states on rules involving the financing of green energy projects. Lawmakers approved a list of technologies and activities that can be classified as green, after disagreement about whether nuclear energy and natural gas should be included. The so-called “Green Deal” is a […]

Terrestrial Energy’s Integral Molten Salt Reactor (IMSR), a 195-MWe Generation IV nuclear technology, and NuScale’s small modular reactor (SMR) may be the focus of the first joint technical review by U.S. and Canadian nuclear regulators in a bid to boost their regulatory effectiveness as more advanced reactors and SMRs trundle toward commercialization.  Rumina Velshi, president […]

NorthWestern Energy said it will file an application with the Montana Public Service Commission for pre-approval to acquire Puget Sound Energy’s (PSE’s) 25% interest in Colstrip Unit 4, which is a 740-MW coal-fired boiler. The price? $1. “Securing more capacity for only a $1 investment is a unique opportunity that helps give us the time […]

In a recent conversation with POWER, GE Digital CEO Pat Byrne discussed why GE made key changes to the lucrative business, streamlining it to focus on four key markets, including electric utilities and power generation.  GE has been at the forefront of the innovation in the energy sector since Thomas Edison formulated the essential requirements […]

Marking a major milestone for the U.S. nuclear power sector, the Nuclear Regulatory Commission (NRC) has for the first time issued license renewals that authorize nuclear reactor operation beyond 60 years and up to 80 years.  The regulatory body on Dec. 5 issued subsequent license renewals (SLRs) for Units 3 and 4 at Florida Power […]

In a new attempt to secure a concrete role for the international hydropower industry within the decarbonization movement, several utilities, equipment manufacturers, universities, research centers, and consultancies have scaffolded to demonstrate how modern hydropower plants can provide flexibility to markets that are increasingly inundated by variable generation like wind and solar. On Dec. 10, the […]