POWERnews
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Trends
A Bold Beginning: GE Vernova Charts Course for Electrification and Decarbonization in Market Debut
Marking the completion of its spin-off from GE, GE Vernova began trading on the New York Stock Exchange on April 2 as an independent company “singularly focused” on accelerating the energy transition. The measure, approved by GE’s Board on Feb. 29, effectively establishes GE Vernova as a giant purpose-built firm that will leverage its technology […]
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Energy Storage
Improving Lithium-Ion Batteries with Silicon Anode Technology
From the beginning of the electrification evolution, the U.S. has struggled to keep up with the Chinese battery giants, and has also fallen behind Europe in some battery production and adoption areas. Lithium-ion (Li-ion) batteries are not only important for electric vehicles (EVs), but also for energy storage to accommodate intermittent renewables, such as wind […]
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Nuclear
Long-Awaited Milestone: Fuel Loading Begins at India’s Prototype Fast Nuclear Reactor
India in March began fuel loading at a 500-MWe/1,250-MWth prototype fast-breeder reactor (PFBR) located at Kalpakkam, Tamil Nadu, marking a crucial phase for the second stage of the country’s ambitious
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Coal
India Energy Giant Posts Record Electricity Output, Mostly From Coal
India’s state-owned energy company NTPC said the company produced a record amount of electricity on an annual basis over the past fiscal year, with the utility’s coal-fired power stations recording a plant load factor, or capacity utilization, of 77%. NTPC, the former National Thermal Power Corp., in a statement published March 31, said it generated […]
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Coal
Germany Shutters Seven More Coal-Fired Power Units
Two German energy companies said they shut down seven coal-fired power plants over the Easter holiday weekend, taking more than 3,000 MW of generation capacity offline for decommissioning. The German government, which already has called for an end to coal-fired power generation in that country, had allowed the units to continue operating through the winter […]
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Wind
Chinese Companies Continue to Dominate Global Wind Turbine Market
Chinese wind turbine makers continue to pace the global market, taking four of the top five spots in a ranking of the world’s top manufacturers of both onshore and offshore wind power equipment. Research from BloombergNEF (BNEF) published March 27 showed global wind power generation capacity additions hit a record 118 GW in 2023. BNEF’s […]
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Nuclear
UAE Considers Investment in European Nuclear Power Projects
The state-owned nuclear energy group of the United Arab Emirates (UAE) has expressed interest in supporting nuclear power projects in Europe. The news comes just weeks after the fourth unit of the emirate’s only nuclear power plant, the Barakah station (a POWER Top Plant in 2021), began delivering electricity to the grid. The Khaleej Times, […]
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Interview
Landrieu: Politics Not Aligned with Energy Reality
A significant disconnect between political rhetoric and the practical realities of energy production is posing an insidious hurdle for the future of power, former Sen. Mary Landrieu (D-Louisiana) has warned. Speaking candidly to POWER during CERAweek by S&P Global in Houston on March 21, the influential three-term Democrat (1997–2015) who chaired the U.S. Senate Energy […]
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Commentary
Three Steps to Modernize America’s Electric Grid and Unlock the Green Energy Economy
America faces many energy-related challenges going forward, but none is more important than the need to modernize the U.S. electric grid—but right now the permitting process for building out and strengthening America’s power grid is not set up for success. Talk to just about anyone in the energy sector and you’ll hear about projects that […]
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O&M
Coastal Utilities Warned of ‘Potentially Explosive’ 2024 Hurricane Season
AccuWeather’s team of expert meteorologists is warning people and businesses to start preparing for a frenzy of tropical activity that could have major impacts on the U.S. this hurricane season. “The 2024 Atlantic hurricane season is forecast to feature well above the historical average number of tropical storms, hurricanes, major hurricanes, and direct U.S. impacts,” […]
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Energy Security
CPS Energy to Acquire Talen’s 1.7-GW Gas Power Fleet in Texas for $785M
CPS Energy will acquire Talen Energy’s 1.7-GW portfolio—comprising three natural gas–fired power plants—in the Texas market for $785 million. The nation’s largest municipally owned power entity on March 27 said it reached an agreement with competitive generator Talen Energy for the acquisition. The transaction is expected to close in the second quarter of 2024, “subject […]
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Nuclear
Palisades Nuclear Plant on Path to Recommissioning by 2025
The U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) announced a conditional commitment of up to $1.52 billion for a loan guarantee to Holtec Palisades LLC to finance the restoration and resumption of service of the Palisades Power Plant, an 800-MW nuclear generating station in Covert Township, Michigan (Figure 1). The project aims to bring […]
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Electrification
Charging Corridors, Stations Will Support Heavy-Duty EV Trucks
The push for electrification of the transportation sector is being supported by companies making significant investments in charging infrastructure. These groups are taking innovative approaches, including utilizing solar power, to providing the electricity necessary for a network of charging stations. Greenlane on March 27 announced a major project that features a 280-mile charging corridor that […]
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Interview
The POWER Interview: Remote Monitoring Key For Asset Management
Developments in communication technology, including software applications and new control hardware, are providing utilities the ability to monitor assets, analyze alarms, and control their power generation facilities remotely. Companies are using new technology to address power plant operations, support maintenance tasks, and ensure proper compliance reporting and incident response. Remote monitoring was part of POWER’s […]
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Commentary
Solutions to Empower Global Energy Workforce and Boost Operational Effectiveness
Ubiquitous and secure access to business applications is critical to the energy industry. Compatibility with existing infrastructures and enabling remote workers with strong access management and control has made virtual desktop infrastructure (VDI) a trusted, reliable tool for many businesses. However, as energy companies deploy applications to tens of thousands of employees across the globe, […]
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Gas
UK Commercial Gas Power Project Equipped With Carbon Capture Unveils Contractors
Eight engineering, procurement, and construction contract packages have been unveiled for the UK’s Teesside-based Net Zero Teesside Power (NZT Power), a landmark integrated project that could become one of the world’s first commercial-scale gas-fired power stations equipped with carbon capture when it begins operation in 2027. NZT Power, a joint venture between bp and Equinor, […]
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Nuclear
UK Companies See Major Opportunity in Nuclear Supply Chain
The UK government has ambitions for 24 GW of nuclear energy by 2050 to help in providing energy security for the UK and for meeting its net-zero goals. Among groups helping to revive and expand the UK’s nuclear industry is the University of Sheffield Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC), part of the High […]
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Wind
New Wind Farm Part of Vietnam’s Energy Transition
Vietnam’s renewable energy goals are taking a step forward with the installation of a wind farm that will feature the largest onshore wind turbine installed in the country to date. China’s Shanghai Electric in February announced its subsidiary, Electric Wind Power, will supply its advanced wind turbines to joint venture partners Hai Anh Wind Power […]
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Commentary
Deep Geothermal Can Solve the Need for Baseload Power
The Earth is a tremendous source of power. We’re sitting on a dynamic ball of fire, from which only a few regions have been able to extract energy since the 15th century. In recent decades, geothermal has been heralded as the most promising clean energy option and also a disappointment for the lack of implementation. […]
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Nuclear
Bill Gates’ TerraPower Ready to Build New U.S. Nuclear Power Plant
A group established by Microsoft founder Bill Gates is preparing to begin construction of a new generation of nuclear power plants in June, according to the company’s chief executive. Chris Levesque, CEO of TerraPower, on March 18 said the company is ready to move forward with work on its Natrium reactor at the site of […]
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Offshore Wind
Offshore Wind Area Detailed for Gulf of Maine; New York Project Delivering Power
The U.S. Bureau of Ocean Energy Management (BOEM) has completed its designation of an offshore wind energy area in the Gulf of Maine. The BOEM, in a notice published in the Federal Register on March 18, said two million acres has been earmarked for development in that region. The BOEM in its announcement said the […]
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Nuclear
Japan Could Be Nearing Restart of World’s Largest Nuclear Power Plant
The world’s largest nuclear power plant, among the facilities taken offline after the 2011 Fukushima disaster in Japan, could be nearing a restart. Japanese media reported that on March 14, Takeshi Saito—Japan’s minister of Economy, Trade and Industry—asked Hideyo Hanazumi, the governor of Niigata Prefecture, for permission to restart the first of seven reactors at […]
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Interview
The POWER Interview: Advanced Technology For Hydrogen Production
Governments worldwide are investing in hydrogen production as a way to reduce dependence on fossil fuels and help decarbonize the energy sector. The U.S. Dept. of Energy last year published its U.S. National Clean Hydrogen Strategy and Roadmap, highlighting the need for collaboration across multiple agencies to push national decarbonization goals. The European Commission in […]
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Coal
Indiana Utility Will Convert Remaining Coal Units to Burn Natural Gas
A major Indiana utility said it’s preparing to switch its remaining coal-fired power plant to burn natural gas. AES Indiana on March 12 said the two coal-burning units at its Petersburg Generating Station, in Pike County in southwestern Indiana about 100 miles west of Louisville, Kentucky, would stop using coal and start using natural gas […]
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Trends
U.S. Natural Gas Supplies High, Prices at Record Low
The winter heating season, which is often defined as November through March in the U.S., is coming to an end with natural gas inventories 37% above the five-year average, according to the U.S. Energy Information Administration (EIA). Reduced consumption in the residential and commercial sectors this winter has been blamed for the high natural gas […]
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Legal & Regulatory
Measure Twice, Cut Once—A Roadmap for Enabling VPPs Through Policy and Program Design
Virtual power plants (VPPs), as aggregations of dispatchable distributed energy resources (DERs), can deliver grid services ranging from resource adequacy to reliability at scale—all while making energy more affordable. Yet, despite their merits, the U.S. utility industry is yet to leverage the full potential of these readily available, affordable, customer-sited resources to add flexibility to the grid. Of course, the decision to incorporate […]
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T&D
How Utilities Are Planning for Extreme Weather Events and Mitigating Risks
Scientists who maintain the world’s temperature records, which date back to 1880, calculate a global temperature anomaly each year to determine how much temperatures have changed compared to temperatures from 1951 to 1980. In mid-January, they announced that 2023 was the hottest year on record. Furthermore, they said every month from June through December 2023 […]
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Gas
UK Leaders Say New Gas-Fired Plants Needed for Energy Security
Officials in the UK said the country will need to build new natural gas-fired power plants beyond 2030 in order to ensure a reliable supply of energy and avoid blackouts. Energy Security Secretary Claire Coutinho on March 12 said gas-fired units able to provide baseload power generation will be needed as a backup to renewable […]
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Legal & Regulatory
Get Ready For California’s Three Sweeping New Climate Disclosure Laws
Can a requirement to simply disclose information truly be a big deal? Can a requirement that only applies to big companies, or companies that do business in California, actually impact your small business or your business in another state? Can a requirement that doesn’t take effect until next year or later really require thought and […]
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Gas
Floating Gas-Fired Power Station Planned Off Louisiana Coast
Entergy Louisiana has asked state officials for approval to build a floating natural gas-fired power plant that would serve areas along the Gulf Coast. The utility’s recent March filing with the Louisiana Public Service Commission calls for construction of a $411 million, 112-MW floating facility called the Bayou Power Station. The plant would be located […]