POWERnews
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Energy Storage
Billionaire-backed ‘Iron-Air’ Battery Maker Picks WV Site for First Factory
A battery manufacturing company with plenty of high-profile financial backing said it has picked a site for its first factory that will build “iron-air” batteries. Form Energy touts its technology as a breakthrough for long-duration storage of solar and wind power. Form, which counts Microsoft founder Bill Gates, Amazon’s Jeff Bezos, and British tycoon Richard […]
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POWERnews—Dec. 22, 2022
POWER Magazine Jobs White Papers Webinars Events Store December 22, 2022 Fusion Breakthrough Brings Cheers, Though Challenges Remain The announcement that scientists at a California laboratory achieved a net energy gain from a fusion reaction sparked plenty of debate about what it means for the power generation industry.… GE Hitachi […]
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Gas
NET Power Consolidates Business to Gear Up for Allam Cycle Power Plant Deployment
NET Power will combine with Rice Acquisition Corp. II (RAC II), a decarbonization solutions special purpose acquisition company (SPAC), in a new business direction designed to accelerate the deployment of NET Power’s much-watched novel natural gas–fired power plant technology. When the business combination transaction closes as expected in the second quarter of 2023, the new company, […]
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Commentary
Fuel Cells vs. Batteries: What’s the Difference?
As the world looks toward innovative technology to help reduce the carbon footprint, scarcity of resources has become a significant challenge. With no single technology being enough to accommodate the green transition, we’re seeing massive investments in both fuel cell- and battery-related technologies. Some large-scale investments include new battery technologies for electric vehicles (EVs), wind […]
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Nuclear
GE Hitachi Formally Enters BWRX-300 SMR in UK Race for New Nuclear
GE Hitachi Nuclear Energy (GEH) has submitted a Generic Design Assessment (GDA) entry application for its BWRX-300 small modular reactor (SMR) to UK authorities, kicking off a key regulatory process that could give the advanced nuclear technology a competitive edge as the country races to potentially triple its nuclear capacity to up to 24 GW by […]
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Offshore Wind
Vattenfall Will Build 1.3-GW Offshore Wind Farm Near Finland
Vattenfall, the Sweden-based multinational power company, will build and operate Finland’s first gigascale offshore wind farm as part of a joint venture with Finnish state-owned seabed and forest management group Metsähallitus. The project announced Dec. 20 is the 1.3-GW Korsnäs plant in the Bay of Bothnia, which sits between Sweden and Finland in the Baltic […]
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Solar
New Report Shows EU Solar Installations Rise Nearly 50%
A new report from industry group SolarPower Europe shows that solar installations in the European Union increased by almost 50% year-over-year in 2022, to a record 41.4 GW of generation capacity. “The numbers are clear. Solar is offering a lifeline amid energy and climate crises,” said Walburga Hemetsberger, CEO of SolarPower Europe. “No other energy […]
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Nuclear
Fusion Breakthrough Brings Cheers, Though Challenges Remain
The announcement that scientists at a California laboratory achieved a net energy gain from a fusion reaction sparked plenty of debate about what it means for the power generation industry. The breakthrough at the world’s largest nuclear-fusion site—the National Ignition Facility (NIF) at the Lawrence Livermore lab—which occurred on Dec. 5 and was publicly announced […]
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Nuclear
Energy Crisis Deepens as Nuclear Reactors Remain Offline in France
Major French utility Electricite de France SA (EDF) said it will again extend maintenance outages at some of its nuclear reactors by several months, meaning France will continue to import power and putting more strain on the country’s supply of electricity. EDF has returned some nuclear units to service in the past several weeks, but […]
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T&D
Hitachi Energy Will Modernize HVDC System, Boost Delivery of Canadian Hydropower to U.S.
Hitachi Energy will spearhead the modernization of a key high-voltage direct current (HVDC) system in Canada to support the transmission of 1,500 MW of renewable power between Quebec and New York state’s electrical networks. Hydro-Québec, Canada’s largest power utility, on Dec. 15, picked the global technology firm to supply a “back-to-back” converter station at Châteauguay, […]