POWERnews

Cybersecurity risks can occur daily, taking multiple forms. While there are personal measures that the general population can do to eliminate some of these risks, power utility companies must take a more aggressive approach to keep the communities they serve safe and their security unquestioned. COMMENTARY Should a power utility company face a cyberattack, it […]

The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]

The Canadian government has pledged more financing toward development of a grid-scale small modular reactor (SMR), as the country continues to support nuclear power as a way to cut emissions of greenhouse gases from its power generation sector. Natural Resources Minister Jonathan Wilkinson on Oct. 25 said C$970 million ($708 million) is targeted for a […]

The Duquesne Light Co. (DLC) may not be among the best-known electric power companies in the U.S., but for its customers in Allegheny and Beaver counties in southwestern Pennsylvania, the company has been a steady presence in the community for more than a century. “We are a Pittsburgh-based utility company. We’ve been in operation for […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   October 20, 2022 U.S. Announces First Sale of Rights for California Offshore Wind Development The U.S. government has announced the first-ever sale of offshore wind development rights off the California coast. The Dept. of Interior (DOI) on Oct. 18 said it would […]

Energy giants Chevron and Uniper are pairing with chemical technology companies Air Liquide and LyondellBasell to explore a hydrogen and ammonia production facility along the U.S. Gulf Coast that could support industrial decarbonization and mobility applications in the region and expand clean ammonia exports. The companies, in a joint statement on Oct. 19, said they […]

While the Inflation Reduction Act (IRA) provides steps in the right direction by expanding renewable energy development and electrification incentives, it may also lead to a worsening duck curve and a larger proportion of variable power sources in the generation mix—putting significant pressure on utilities’ ability to maintain reliability. U.S. utilities need to be proactive […]

Geopolitical tension, ongoing energy crisis, supply chain disruption, and destructive climate change effects have been altering energy needs and sourcing requirements. Global companies have been transitioning from traditional fossil fuels to specialty fossil fuels, such as industrial heating oil (IHO) and CO2-as-Energy. In addition to cost savings (25% to 30%), they offer relatively high heat […]

Amid an industry-wide labor shortage and global supply chain disruptions, the energy sector is under immense pressure to increase production. These issues, in addition to geopolitical tensions, are deeply complex and cannot be addressed on an individual scale. In addition, the energy industry faces major challenges pertaining to communication given that the workforce and equipment […]

The recently passed Inflation Reduction Act (IRA) is the largest clean energy investment by the federal government in U.S. history. The passing of this $430 billion bill shows that the American government recognizes it is time for businesses to make crucial, sustainable changes in order to combat global warming. This historic bill further demonstrates that […]