POWERnews

Climate change is continuing to drive temperatures to unprecedented levels. In just a single day in late June, the United States set or broke at least 21 high-temperature records. So, what do we do to cool down? We crank up the air conditioner. But with each surge in energy demand, our aging grid is being […]

While much of the world lives life as usual, DTEK—the largest private investor in Ukraine’s energy sector—is focused on providing reliable service amidst war and uncertainty. “Today, the major topic for us is to provide stability in durations of electricity sector in Ukraine and also do everything possible to prepare for winter season,” DTEK CEO […]

Hurricanes are one of the most destructive forces in nature. Hurricane season in North America runs from June 1 to November 30, peaking between August and September, and 2022 would be the seventh straight year of above-average hurricane activity, if predictions are correct. A typical Atlantic hurricane season has 14 named storms, seven hurricanes, and […]

There’s global growth in energy storage. The latest evidence is a report that BlackRock, the New York-based asset manager and a major player in energy sector, is ready to buy Akyasha Energy, an Australian company that specializes in battery storage and renewable energy projects. BlackRock in an Aug. 16 news release said it would commit […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   August 18, 2022 Biden Signs Bill to Transform U.S. Energy, Combat Climate Change President Biden’s signing of the Inflation Reduction Act (IRA) should provide further impetus for growth of U.S. renewable energy, coming on the heels of a report from the Federal […]

There are no boundaries in cyberspace. That fact has accelerated sharing of threat intelligence across the defenders, but it exponentially raises the threat of cyberattacks. This reality is underscored by the war in Ukraine, “the first major conflict involving large-scale cyber operations,” according to the U.S. Cybersecurity and Infrastructure Agency (CISA). A major concern is […]

As international travel picks up, energy corporations are turning to mobile employees to fulfill their international staffing needs. However, as mobile work gains steam, tax and compliance risks continue to grow as well—unbeknownst to most corporate leaders. Many businesses, unfortunately, are failing to set up an adequate plan to protect against tax violations in the […]

Germany’s government is weighing how the closure of the country’s last three nuclear power plants in December 2022 will affect its grid this upcoming winter as the country scrambles to secure sufficient energy supplies amid a decline in Russian gas deliveries. A formal decision on whether or not to keep  Isar 2, Emsland, and Neckarwestheim […]

Entergy Corp.’s chairman and CEO Leo P. Denault will retire in 2023, ending a decade-long role as the head of the New Orleans–headquartered power generating giant. Denault will be succeeded by Andrew “Drew” Marsh, Entergy’s current executive vice president and chief financial officer. Denault, 62, was appointed Entergy’s chairman and CEO in 2013, taking over […]

President Biden’s signing of the Inflation Reduction Act (IRA) should provide further impetus for growth of U.S. renewable energy, coming on the heels of a report from the Federal Energy Regulatory Commission (FERC) that installations of solar and wind power accounted for more than two-thirds of new domestic utility-scale generation in the first six months […]