POWERnews
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Offshore Wind
Arctic Circle Offshore Wind Farm Will Power Oil Exploration Platform
Development of the first floating offshore wind farm in the Arctic Circle is moving forward, with three Norwegian companies releasing a project plan for the installation. The GoliatVIND project is envisioned as a 75-MW array installed in deep water northwest of Hammerfest, Norway, in the Barents Sea. The installation would be linked into the Goliat […]
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Trends
EPRI Head: Duck Curve Now Looks Like a Canyon
The “duck curve,” a concept that has become emblematic of the challenges associated with integrating variable renewables in the power system, now looks like a “canyon,” illustrating a paramount urgency for adequate flexibility, Arshad Mansoor, president and CEO of the Electric Power Research Institute (EPRI), has warned. In a recent post on LinkedIn, Mansoor highlighted […]
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Gas
GE Invests Heavily in Improving Gas Turbine Repair Processes and Combustor Performance
On the east side of Greenville, South Carolina, sits a 413-acre site with more than one and a half million square feet of manufacturing space and another 70,000 square feet of labs. This is one of the locations where GE Gas Power is working to improve gas turbine technology and repair processes, among other things. […]
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Trends
South Korean Companies Snap Up Opportunities to Advance Floating Nuclear, Nuclear Hydrogen, SMRs
Days after Korea Hydro & Nuclear Power (KHNP) announced it would participate in a consortium to develop floating nuclear power plants, the owner and operator of South Korea’s 25 nuclear power plants joined forces with TerraPower to bolster the demonstration and commercialization of Natrium, TerraPower’s sodium-cooled fast reactor integrated energy system. The deals were announced […]
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Commentary
U.S., European Legislation Puts Real Muscle into Clean Energy, Decarbonization, and Job Creation, but Must Evolve to Keep Up with Demand
COMMENTARY With the passage of the Inflation Reduction Act (IRA) in December, the U.S. put some real financial muscle behind efforts to combat climate change and incentivize renewable energy with $370 billion in loans, grants, and tax credits to spur clean energy technology development, manufacturing, and job creation. Once the full potential of the bill […]
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Offshore Wind
Norwegian Group Promotes 20 Areas for Offshore Wind Development
A Norwegian energy regulator has told officials it has identified at least 20 areas suitable for offshore wind farm development, as the government seeks to meet a target of installing at least 30 GW of offshore wind power capacity by 2040. The Norwegian Water Resources and Energy Directorate, known as NVE, an agency under the […]
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Markets
Challenges with Optimizing Generation Assets in New World with Large Renewable Mix
New rules, regulations, and legislation are changing the way U.S. utilities generate electricity. First, there was the Clean Power Plan (CPP), which was passed by the Environmental Protection Agency (EPA) in 2015. This was replaced in 2019 by the EPA’s Affordable Clean Energy (ACE) rule. Both policies aim to reduce and limit carbon dioxide emissions […]
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Nuclear
Fluor to Bolster Commercialization of Laser Fusion Power
Engineering, procurement, and construction (EPC) giant Fluor Corp. will serve as an engineering and construction partner to design and plan laser fusion power plants developed by Longview Fusion Energy Systems—a company leveraging the recent fusion breakthrough at the National Ignition Facility (NIF). Fluor on April 18 announced it signed a memorandum of understanding (MOU) with […]
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Distributed Power
DOE Offers $3B Conditional Loan Guarantee to Virtual Power Plant Initiative
Sunnova Energy Corp., an energy-as-a-service (EaaS) provider, has snagged a first-of-its-kind conditional federal loan guarantee commitment of up to $3 billion for a project that could further future virtual power plant (VPP) deployment. The Department of Energy (DOE) Loan Programs Office (LPO) on April 20 said it would provide a partial loan guarantee for up […]
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Gas
Texas Combined Cycle Plant Changing Hands
Rayburn Electric Cooperative, headquartered in Rockwall, Texas, announced on April 19 that it has entered into a definitive agreement to acquire ownership of the Panda Sherman Power Plant. The Sherman facility is a 758-MW natural gas–fueled combined cycle unit located in Grayson County, about an hour north of Dallas. The plant will be renamed Rayburn […]
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