POWERnews
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Nuclear
Idaho Falls Power Negotiating PPA for MARVEL-Inspired Aalo-1 Nuclear Fleet
Municipal power utility Idaho Falls Power (IFP) has announced it is negotiating a power purchase agreement (PPA) with Aalo Atomics, a 2022-founded nuclear engineering firm inspired by Idaho National Laboratory (INL’s) MARVEL microreactor. Aalo on Sept. 16 confirmed it signed a memorandum of understanding (MOU) with the utility to explore the deployment of a fleet […]
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Nuclear
IAEA Projects 950 GW of Global Nuclear Power Capacity by 2050
The International Atomic Energy Agency (IAEA) said generation capacity of nuclear power worldwide is expected to rise more than the group previously expected, to as much as 950 GW of generation by 2050. The IAEA in a report published Sept. 16 revised its annual projection for a fourth straight year, saying global nuclear capacity could […]
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Energy Storage
GE Vernova Integrating Energy Storage for Australia Data Center Complex
GE Vernova said it has been chosen by investment manager Quinbrook Infrastructure Partners to integrate 250 MW/1,000 MWh of battery energy storage into a major data center complex in Queensland, Australia. Quinbook, with U.S. headquarters in Houston, Texas, and offices in the UK and Australia, is a specialist investment manager focused on the energy transition […]
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Energy Storage
Turning Energy Storage From an Idle Backup Into a Money-Making Asset
Battery energy storage systems (BESS) can be the key to tackling any number of issues your grid or business may be facing, such as a need to support more renewables, ensuring a resilient backup, or cutting energy costs. You may believe that a BESS will resolve your issues, but do you have full buy-in from […]
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Renewables
Impact of the IRA on U.S. Renewable Energy Manufacturing and Supply Chains
The Inflation Reduction Act was designed to enhance domestic manufacturing and secure domestic supply chains. The act, signed by President Biden in 2022, was sponsored by Sens. Chuck Shumer (D-NY) and Joe Manchin (D-WV), with the legislation also drawing from House Bill HR5376 sponsored by Rep. John A. Yarmuth (D-KY 3). According to a White […]
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Energy Storage
IHI Terrasun Will Integrate SK On BESS Systems in U.S.
IHI Terrasun Solutions announced it has been selected as the integrator of choice for battery energy storage system (BESS) projects by SK On, a subsidiary of global conglomerate and South Korea-based SK Group, and the fifth-largest manufacturer of batteries for electric vehicles globally. The two companies signed a memorandum of understanding (MOU) on September 10 […]
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Solar
$2.33 Billion Solar-Plus-Storage Project Set in Nevada
A solar-plus-storage project valued at more than $2.33 billion is preparing for construction after receiving a Record of Decision (ROD) from the U.S. Dept. of the Interior. Arevia Power on September 10 announced the Libra Solar Project, featuring 700 MW of solar power generation capacity paired with 700 MW of battery energy storage, will move […]
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Wind
GE Vernova Expands European Onshore Wind Presence with Romania Deal
GE Vernova announced what it called a milestone agreement for onshore wind in Europe, announcing a deal with Public Power Corporation Renewables (PPC R) to supply, install, and commission 23 of GE Vernova’s 6.1-MW 158-meter turbines for a wind farm in Vaslui County, Romania. The deal, which was booked by GE Vernova in the second […]
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Offshore Wind
California Confirms Strategy for Centralized Offshore Wind Procurement
Following more than three years of planning and analysis, California has established an offshore wind goal of 7,600 MW, with procurements starting as early as 2027. Through its central procurement efforts, California intends to bring about a “market transformation” to help reduce the costs of particular technologies, like offshore wind, allowing them to be developed […]
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Interview
The POWER Interview: How Unified Endpoint Management Can Help Secure the Power Grid
Digital technology poses critical challenges for the power sector. As the backbone of modern society, any disruption to power infrastructure can have far-reaching consequences. To learn steps leading power companies can take to protect their systems, POWER interviewed Apu Pavithran, founder and CEO of Hexnode. Hexnode’s award-winning Unified Endpoint Management (UEM) platform has empowered organizations […]