POWERnews
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POWERnews—April 22, 2021
POWER Magazine Jobs White Papers Webinars Events Store April 22, 2021 Biden Sets New Paris Agreement GHG Target: 50-52% below 2005 levels by 2030 President Biden has set a new nationally determined contribution (NDC) for the U.S. to achieve a 50% to 52% reduction in economy-wide greenhouse gas (GHG) emissions […]
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Renewables
Chevron Joins Growing List of Oil and Gas Companies Investing in Offshore Wind
Ocergy Inc., a company developing a couple of new offshore wind energy solutions, announced last week that Chevron Technology Ventures and Moreld Ocean Wind (MOW) were investing in its Series A round of funding. The money is expected to help the company commercialize its OCG-Wind Floating Offshore Wind Turbine technology and OCG-Data environmental monitoring buoy. […]
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Nuclear
Innovative ‘Steel Bricks’ Design Expected to Reduce Time, Cost of SMR Construction
An innovative second-generation steel-composite modular construction system that is planned for use in GE Hitachi’s (GEH’s) BWRX-300 small modular reactor (SMR) plant could dramatically reduce the amount of labor required during nuclear island construction. Brian Johnson, vice president and BWRX-300 product director with GEH, explained various details about the company’s SMR design as part of […]
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News
Reprieve for Nuclear, Gas in EU’s Sustainable Finance Taxonomy Rules
The European Union’s (EU’s) much-watched Taxonomy Climate Delegated Act—the world’s first “green list”—unveiled by the European Commission (EC) on April 21 qualifies several power-producing sectors in its technical screening criteria for sustainable investment decisions. However, it delays controversial decisions on gas and nuclear. The EC adopted the Delegated Act as part of an ambitious package […]
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News
Biden Sets New Paris Agreement GHG Target: 50-52% below 2005 levels by 2030
President Biden has set a new nationally determined contribution (NDC) for the U.S. to achieve a 50% to 52% reduction in economy-wide greenhouse gas (GHG) emissions in 2030 compared to 2005 levels. The White House said on Thursday the NDC, which was determined after a “a whole-of-government process” organized through the Biden administration’s National Climate […]
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News
Sweet Deal—Hershey, Others Have Solar Pacts
A well-known chocolate maker has announced two new clean energy partnerships as the company continues to increase its sustainability efforts. The Hershey Co. on April 20 said it has power purchase agreements (PPAs) to take electricity from two solar projects, one in North Carolina and another in Texas. Hershey, like many corporate power customers, has […]
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News
India Cites ‘Cheaper’ Coal in Planning New Units
A draft copy of a document outlining India’s latest National Electricity Policy (NEP) reportedly shows the country is considering building new coal-fired generation capacity, even as it sets new carbon reduction targets. The document also said government officials would push for better technology to help reduce emissions from those plants. Reuters on April 19 reported […]
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News
COVID Costs 300,000 Clean Energy Jobs; DOE Readies for Rebound
An analysis of Bureau of Labor Statistics data for 2020 shows the number of workers in clean energy jobs last year fell for the first time since 2015, according to a group of business leaders and investors who study those numbers each year. The group’s “Clean Jobs America” report, released April 19, said about 3 […]
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News
Hydrostor Receives Funding for New A-CAES Project
A Canadian company that has led design efforts for advanced compressed air energy storage (A-CAES) systems has received funding for development of a new 300-500-MW A-CAES facility. Hydrostor, based in Toronto, Ontario, on April 15 announced a commitment of about $4 million for the project, which would be built in Canada, from Natural Resources Canada’s […]
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Gas
8 Rivers Unveils 560 MW of Allam Cycle Gas-Fired Projects for Colorado, Illinois
8 Rivers Capital, inventor of a novel supercritical carbon dioxide (CO2) cycle, plans to begin operating a 280-MW NET Power natural gas–fired plant within the Southern Ute Indian Reservation in southwest Colorado by 2025. The company on April 15 also said it will team with agricultural and processing firm Archer-Daniels-Midlands Co. (ADM) to locate a […]