POWERnews

Russia’s invasion of Ukraine and ensuing sanctions may have a limited immediate impact on the U.S. nuclear industry, despite its reliance on uranium imports. Potential implications over the longer term, however, require urgent action, officials from the Nuclear Energy Institute (NEI) said. NEI CEO and President Maria Korsnick told reporters at the ongoing CERAWeek by […]

Tuesday, March 8, was International Women’s Day, a global day celebrating the social, economic, cultural, and political achievements of women. The idea of an International Women’s Day (IWD) was first proposed in 1910 by Clara Zetkin, leader of the Women’s Office for the Social Democratic Party in Germany, during a conference in Copenhagen, Denmark. The […]

Texas-based CPS Energy, the largest municipally owned electric and natural gas company in the U.S., has entered into a 15-year commercial agreement to explore installing up to 15 MW of geomechanical pumped storage (GPS). The agreement will kick off with a pioneering 1-MW project that will pump water into drilled wells and store it under […]

The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand for the fuel grows during a period of diminished supply. The Newcastle (Australia) futures price of thermal coal for power generation hit $435/ton on March […]

I’ve come to depend on the navigation system in my car. It predicts traffic jams, gives me the fastest route, informs me of store hours, and even tells me where to get a burger. To give me this experience, the navigation system draws on multiple data sources, puts it into context, and presents it through […]

A new 2-GW natural gas-fired power plant in China, being built to support the coming retirement of a large regional coal-fired complex, will feature three GE 9HA.01 gas turbines. GE Gas Power and Harbin Electric on March 7 announced that Chinese state-owned power utility Shenzhen Energy Group Corporation Co. has ordered the equipment for its Guangming […]

CEOs of energy companies with projects in Russia are facing career-defining leadership moments. What do you do when your corporate investments nearly overnight become politically, economically and socially untenable to your key stakeholders? Within days of Russia’s unprovoked invasion of Ukraine, BP’s Chief Executive Bernard Looney was quick out of the gate to tell the world […]

Eighteen bipartisan U.S. Senators are backing a bill that would direct the president to declare a national emergency and prohibit imports of Russian energy commodities, including crude oil, petroleum products, liquefied natural gas (LNG), and coal. While the measure does not include Russian uranium, a senior Department of Energy official said addressing U.S. reliance on […]

The venerable business of commodity trading, already in the news for the supply chain impacts of COVID, has moved to center stage with the war in Ukraine. Impacts of Russia’s invasion could ripple to manufacturing of all kinds, especially the clean energy transition we need to meet climate goals. COMMENTARY Within the first week of […]

The International Atomic Energy Agency (IAEA) reported on March 4 that Russian forces had taken control of the Zaporizhzhya Nuclear Power Plant (NPP) site, but that the reactors continued to be operated by the plant’s regular staff and there had been no release of radioactive material. “What we are telling you is confirmed information that […]