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Finnish energy group Steady Energy has signed a letter of intent with Alva-yhtiöt, the city of Jyväskylä’s water and energy group, to study the suitability of small-scale nuclear power as a source of district heating for the city.

Fives ProSim, a subsidiary of the Fives Group and an expert in industrial process simulation and optimization, announces the release of ProSimPlus Python API. This new solution enables users to run the engine of ProSimPlus, a leading software dedicated to the design, simulation, and optimization of continuous industrial processes, directly from the Python environment. A […]

Enel Group announced it has agreed to acquire seven solar photovoltaic facilities across three states as the company expands its U.S. portfolio. Enel, acting through wholly owned subsidiary Enel Green Power North America, on May 18 said it has an agreement to invest $140 million for the purchase of the plants, which the company said […]

Dr. Remy Notermans, director of Strategic Planning for Atom Computing, a Boulder, Colorado-based group developing large-scale quantum computers, recently provided POWER with information about how quantum computing works. Notermans discussed how quantum computing can benefit electric utilities and the power generation sector.

Clean energy group OCI Energy and Texas-based power company CPS Energy announced they’ve broken ground for construction of the Alamo City Battery Energy Storage System near San Antonio, Texas.

Investment firm Hull Street Energy (HSE), which focuses on the power sector, announced an agreement to acquire FirstLight USA from the Public Sector Pension Investment Board. The transaction includes a portfolio of about 1,400 MW of clean energy generation in the U.S. Northeast.

A year after President Trump signed Executive Order (EO) 14300 directing the Nuclear Regulatory Commission (NRC) to cut red tape and speed nuclear deployment, the agency is claiming a string of historic firsts, a backlog of rules in motion at unprecedented scale, and an internal reorganization due to take effect next month. In a news […]

By Shaun Walsh, Chief Marketing Officer, Peak Nano Capacitors are only as good as the dielectric inside them. And the shift in grid operating conditions is silently eroding reliability, efficiency, and service life… at the worst possible moment.  For forty years, North American grid planning ran on a dependable assumption: Load grows 1–2% per year. […]

With hundreds of 7FA and 7EA gas turbines approaching end-of-life thresholds and industry-wide constraints on forgings and shop capacity, MD&A has invested a decade in reverse engineering, supply chain development, and production of rotor components to offer utilities an independent path forward. The gas turbine bubble of 2000 to 2004 saw between 600 and 700 […]

NextEra’s purchase of Dominion Energy, if approved, would have an impact on many areas of the electricity sector. Some analysts told POWER they’re concerned about how it would affect customers’ power bills. Others wonder whether the $67-billion deal s part of a trend that will lead to more mergers and acquisitions in the power space.