POWERnews

Avangrid, the U.S.-based unit of Spanish energy giant Iberdrola, said it has terminated its planned acquisition of New Mexico utility PNM Resources after failing to receive final approval for the $8.3 billion deal from state regulators. Avangrid officials in a statement on Jan. 2 said the group needed to receive approval for the deal from […]

State-run media in China reported that a facility there has begun testing production of ethanol through the use of coal, rather than using crops such as corn or sugar cane to make the fuel. The plant in southeastern China, with an annual production capacity of 600,000 metric tons, is said to be the world’s largest […]

Fifty years after the first global oil shock in 1973, the world’s energy sector is again facing high geopolitical tensions and uncertainty—though this time around, “pressures are coming from multiple

To understand what the Electric Reliability Council of Texas (ERCOT) is, it helps to understand how the North American electric power system is configured. The contiguous U.S. is comprised of three power grids or “interconnections.” The Eastern Interconnection reaches from central Canada eastward to the Atlantic coast (excluding Québec), south to Florida, and west to […]

The Department of the Treasury has released proposed regulations and guidance defining a tax credit for the production of “clean hydrogen,” a significant supply-side incentive that is part of the Biden administration’s larger climate-driven policy framework. But though long-awaited, the measure has stirred up strong disappointment from the power industry. If finalized, the Treasury Department’s […]

The small modular reactor (SMR) concept has long been viewed by many within the nuclear sector and by policymakers as somewhat of an arriviste—an upstart with bold promises but lacking credibility and a track record. SMRs were touted to save the nuclear industry from its original sins of delays and cost overruns, typical for all […]

POWER magazine’s website gets millions of pageviews every year. Looking over the stats from 2023, the following five articles were the most-viewed by our audience, which includes many power industry professionals. Were you among the hundreds of thousands of readers of these stories? 5. Westinghouse Secures First Customer for eVinci Nuclear Microreactor (Nov. 27, 2023) […]

Boilers obviously play an important role in the power generation industry, providing the mechanism to convert heat produced by burning fuel into steam that can be used to drive a turbine to generate electricity. But many other industries also use boilers to produce steam for a variety of purposes. Boilers are commonly used for space […]

India’s Adani Group announced more development of renewable energy, with the company on Dec. 27 saying its Adani Green Energy arm has received $300 million for the transfer of a 1,050-MW clean energy portfolio as part of a joint venture (JV) with France’s TotalEnergies. The announcement Wednesday came one day after Adani, led by billionaire […]

Germany-based RWE, among the world’s leading companies in development of offshore wind energy, said it will acquire three major projects off the East Anglia coast of the UK from Sweden’s Vattenfall in a $1.2 billion deal. RWE on Dec. 21 said the projects, each with planned generation capacity of 1.4 GW, are in the Norfolk […]