POWERnews
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Legal & Regulatory
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 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 […]
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Best of POWER—August 15, 2022
POWER Magazine Jobs White Papers Webinars Events Store August 15, 2022 U.S. Utility Survey Suggests Industry Mulling Additions of 90 GW of New Nuclear A Nuclear Energy Institute (NEI) survey suggests U.S. utility members expect to add up to 90 GW of new nuclear generation by the 2050s, including more […]
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Renewables
Renewable Energy, Electrification Big Winners in Inflation Reduction Act
The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction Act (IRA). The bill, which now heads to President Joe Biden for his signature, includes major provisions to combat climate change, including support for a variety of clean energy […]
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Nuclear
California Governor Has Plan to Keep Diablo Canyon Nuclear Plant Open
California Gov. Gavin Newsom has proposed a plan that would keep the Diablo Canyon nuclear power plant open into 2035, a decade beyond the facility’s current closure date. The proposal, which in part includes giving plant owner Pacific Gas & Electric (PG&E) a forgivable $1.4-billion loan, was included in a draft legislative package sent to […]
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Trends
AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head
American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]
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POWERnews—Aug. 11, 2022
POWER Magazine Jobs White Papers Webinars Events Store August 11, 2022 Illinois EPA Issues Permit for New 1.1-GW Gas-Fired Facility Environmental officials in Illinois have signed off on construction of a 1,100-MW natural gas-fired power plant sited near Springfield, the state capital. EmberClear, an energy company with offices in Houston,… […]
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Nuclear
U.S. Utility Survey Suggests Industry Mulling Additions of 90 GW of New Nuclear
A Nuclear Energy Institute (NEI) survey suggests U.S. utility members expect to add up to 90 GW of new nuclear generation by the 2050s, including more than 300 new small modular reactors (SMRs) in the U.S. over the next 25 years. The nuclear industry group’s survey, unveiled on July 29, sought to gather input from […]
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Hybrid Power
Report Notes Continued Growth of Hybrid Power Plants
Hybrid power plants continue to be deployed across the U.S., with almost 300 such facilities (all with 1 MW or more of generation capacity) operating at the end of last year. An August 2022 report from the Lawrence Berkeley National Laboratory in California, based on research funded by the U.S. Dept. of Energy (DOE) and […]
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Wind
How to Overcome Challenges to the U.S.’s Offshore Wind Energy Goals
Lofty goals have been established in the U.S. for the offshore wind industry. The U.S. Department of Energy, Department of the Interior, and Department of Commerce announced a national goal in March 2021 to deploy 30 GW of offshore wind capacity by 2030. That would mark a significant increase from the 42 MW of offshore […]
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Hydrogen
How Hydrogen Can Enhance Renewable Energy Grids
From powering the first combustion engines to becoming a vital part of the modern-day refining industry, the relationship between hydrogen (H2) and energy spans centuries. It is the most abundant element on our planet. The gas burns clean, it’s light, energy-dense, and we’re only just beginning to uncover its true potential. Hydrogen could well be […]
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