POWERnews

The writer Lewis Carroll famously said, “If you don’t know where you are going, any road will take you there.” Well, the road the utility industry is currently on is perhaps the bumpiest and most circuitous one it has ever seen, and knowing where it is going, or needs to go, is paramount. Utilities find […]

In February 2021, more than 4 million people lost power for days on end throughout Texas. The now-infamous outage resulted from extreme winter weather the state’s power grid wasn’t prepared to handle. This incident is spurring power companies nationwide to get proactive about preparing for increasingly severe winters. What steps are they taking to safeguard […]

Coal, oil, and natural gas have a long history as the world’s primary energy sources. Many communities have sprung up around mines and drilling sites, and generations of people have relied on hardworking laborers to brave the cold, darkness, or rough seas to keep the lights on at home. As the world transitions to renewable […]

Two companies supporting different technologies in the energy sector have formed a joint venture to develop an industrial park in Virginia that could feature data centers powered by hydrogen gas generators and small modular reactors (SMRs). Green Energy Partners (GEP), a Pennsylvania-based group better known for its development of solar power, and IP3 International—a nuclear […]

Competitive Power Ventures (CPV) said the company’s new 1.2-GW Three Rivers Energy Center in Illinois has entered commercial operation. The natural gas-fired facility, built in collaboration with GE Vernova’s Gas Power business, features two generating blocks, each with a GE 7HA.02 gas turbine, an STF-A650 steam turbine, a W84 generator, and GE’s integrated Mark* Vle […]

Electric vehicle (EV) adoption is proceeding faster than anticipated even a year ago. Recent projections say EVs could account for 30 to 42 million light-duty vehicles on U.S. roads in 2030. That does not include municipal and school buses, delivery vans or medium- and heavy-duty trucks, which are also undergoing electrification. All will be new […]

American Electric Power (AEP), one of the nation’s largest power producers, has completed the sale of its 1,365-MW unregulated contracted renewables portfolio to an Invenergy-led consortium. IRG Acquisition Holdings (IRGAH)—a partnership between Invenergy, CDPQ, and funds managed by Blackstone Infrastructure Partners—confirmed the close of the transaction on Aug. 16 for a $1.5 billion enterprise value. […]

California has long been a leader in the U.S. solar industry, largely due to lucrative financial incentives encouraging adoption. Recently, the California Public Utilities Commission announced it will not be holding another hearing on net energy metering (NEM), confirming that recent changes made to the rules are permanent. In this question and answer article, Amir […]

New global renewable energy deployments are set to increase by more than 440 GW by the end of 2023, the largest increase to date. To put that into perspective, a power plant with a capacity of 1 GW could power approximately 876,000 households. So, this increase is expected to provide the renewable energy equivalent of a plant […]

Carbon dioxide removal (CDR) technologies have long been seen as a tool to tackle climate chaos, but the potential was largely theoretical. Two projects at Sleipner and Snohvit off the coast of Norway have been capturing and safely storing millions of tons of CO2 for 27 years and 15 years, respectively, but overall deployment has […]