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Though vote-counting continued in the tight presidential race on Nov. 5, voters in Nevada and New Mexico appear to have made headway on crucial energy initiatives on the ballot.  Nevada Approves a 50% by 2030 RPS  In Nevada, the presidential race remained closely contested on Thursday morning with pundits predicting that a victory there for […]

By some estimates, offshore wind energy has the potential to deliver 18 times the current global electricity demand. The International Energy Agency (IEA) has said offshore wind power could develop into a $1 trillion industry over the next two decades, so there’s obviously a lot of growth potential around the world. While the cost for […]

A pan-renewables organization has chastised the Department of Labor (DOL) for fast-tracking a new rule it has said is a “transparent attempt to slow the growth” of environmental, social, and governance (ESG) investing.  According to the American Council on Renewable Energy (ACORE)—a group that represents a wide range of renewables stakeholders including some of the […]

Joe Mease and Bryan Benoit, Grant Thornton LLP After serving as a primary source of electrical power generation for the last half-century, bankruptcies throughout the American coal mining industry in 2020 serve as the proverbial canary in the mine for the once dominant black nuggets found across the U.S. from the Appalachians to the Powder River Basin. […]

Speakers at POWER’s recent Distributed Energy Experience were unanimous in their agreement that energy storage is a game-changing technology for the power generation sector. Storage provides for more reliability and resilience, and already is proving its importance to supporting the growth of solar and wind power. Utilities are incorporating storage into their generation portfolios. It […]

FirstEnergy Corp. President and CEO Charles “Chuck” Jones was fired late Thursday after an internal review found Jones and two other company executives violated company policies in connection with an alleged bribery scheme. The case is connected to a legislative bailout of the state’s nuclear power plants that occurred in 2019. The law, known as […]

Black & Veatch is ending the company’s participation in coal-based power market design and construction, saying it will allow the company to focus on clean energy technologies. The engineering and construction giant’s announcement Oct. 29 comes just more than a month after another major energy company, General Electric, said it would exit the new-build coal […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   October 29, 2020 Shakeup for 720-MW Nuclear SMR Project as More Cities Withdraw Participation At least eight cities have now dropped shares in the Carbon Free Power Project (CFPP), a 720-MWe NuScale Power small modular reactor (SMR) project proposed by Utah Associated […]

At least eight cities have now dropped shares in the Carbon Free Power Project (CFPP), a 720-MWe NuScale Power small modular reactor (SMR) project proposed by Utah Associated Municipal Power Systems (UAMPS). Despite the Department of Energy’s (DOE’s) Oct.16–announced $1.4 billion, 10-year award to fund one-time costs for the first-of-a-kind project, four Utah cities withdrew […]

Fusion research and development have been ongoing for decades, and many people probably believe a fusion power system will remain out of reach for decades longer. But the truth is that more than 100 tokamaks have been constructed and the science behind fusion is well-understood. What has been elusive is generating net energy from a […]