POWERnews

Bitcoin mining is the process used to generate new coins and verify new transactions. The process involves vast, decentralized networks of computers around the world that verify and secure blockchains, the virtual ledgers that document cryptocurrency transactions. In return for contributing their computing power, miners are rewarded with new coins. The process ultimately requires a […]

Westinghouse and Ansaldo Energia’s Switzerland-based nuclear arm, Ansaldo Nucleare, will cooperate in developing a nuclear power plant based on lead-cooled fast reactor (LFR) technology. The two companies, which have separately spearheaded the development of fast-reactor designs, said they will advance a common design “to maximize synergies, combine experience in design, testing and licensing, and align […]

Renewable energy giant Siemens Gamesa announced it will cut nearly 3,000 jobs as the company tries to turn around its financial fortunes. The group in a statement on Sept. 29 said, “In order to realize the company’s projections for growth, Siemens Gamesa is working to strengthen specific areas within key leading markets to capitalize on […]

Four large solar power projects, including two that will feature battery energy storage systems (BESS), are moving forward after the closing of financing commitments for the installations. Intersect Power, an Oregon-headquartered development and engineering group for renewable energy, on Sept. 29 announced it has closed $3.1 billion in financing to complete a near-term portfolio of […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   September 29, 2022 NYPA, GE Successfully Pilot Hydrogen Retrofit at Aeroderivative Gas Turbine A pioneering GE aeroderivative gas turbine project to demonstrate hydrogen combustion as part of a retrofit at an existing U.S. natural gas power plant has successfully utilized blends of […]

India’s largest coal-fired power plant, NTPC’s 4.8-GW Vindhyachal Super Thermal Power Station, has begun capturing carbon dioxide (CO2) from plant flue gas as part of a foundational project to explore the conversion of CO2 to methanol.  The carbon capture plant, built by UK-based carbon capture solutions provider Carbon Clean and Green Power International, an engineering, procurement, […]

More than 2.5 million electricity customers in Florida were without power early Sept. 29 as Hurricane Ian wreaked havoc on the state’s power grid and continued to cause damage with high winds and heavy rain, even after being downgraded to a tropical storm early Thursday. The storm, which made landfall in southwest Florida on Wednesday […]

A month after Mitsubishi Heavy Industries (MHI) and Japanese power generator JERA set out to jointly explore developing a 60-MW combined cycle gas turbine (CCGT) plant fueled with 100% ammonia on Singapore’s Jurong Island, MHI announced it is partnering with another Singapore industrial heavyweight to explore the feasibility of an ammonia-fired gas turbine in the […]

Aero-derivative gas turbines are widely used in the power industry. As the name implies, aero-derivative gas turbines evolved from innovations to proven technologies used in airplane jet engines. These gas turbines provide anywhere from 30 MW to 140 MW of efficient, reliable power, and deliver operational savings to energy providers worldwide. According to Harsh Shah, […]

Only about 1% of the 250 million cars, SUVs, and light-duty trucks on American roads are electric vehicles (EVs). But that’s about to change. While it’s difficult to estimate future sales, an analysis by IHS Markit projects that up to 30% of new car sales could be electric by 2030, rising to up to 45% […]

The leader of India’s power sector has said the country is preparing to add as much as 56 GW of coal-fired generation capacity by 2030 in order for the country to meet growing demand for electricity. He also said India must invest in energy storage, in concert with supporting more wind and solar power development, […]

A pioneering GE aeroderivative gas turbine project to demonstrate hydrogen combustion as part of a retrofit at an existing U.S. natural gas power plant has successfully utilized blends of 5% to 44% hydrogen with natural gas—some of the highest volumes of hydrogen blended into a commercially operating gas turbine. The project spearheaded by New York […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   September 26, 2022 Oxford Group: Decarbonizing Energy Would Save $12 Trillion A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward renewable energy and away from fossil fuels… Sponsored […]

The Department of Energy (DOE) has initiated community outreach to facilitate consent-based siting, management of spent nuclear fuel (SNF), and interim storage facility siting. The effort, outlined in a series of steps the DOE expects to take in response to a recent request for public input, marks a significant first step toward advancing the agency’s […]

Accelerating the transition toward low or net-zero carbon emissions is necessary to keep global warming at theoretically safe levels. In line with the U.N. Framework Convention on Climate Change, countries have been setting goals for net-zero greenhouse gas emissions by the middle of the century, with intermediate objectives and milestones by the 2030s. Corporate sustainability […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   September 22, 2022 DOE Unveils Next Steps for Nuclear Waste Consent-Based Siting Process The Department of Energy (DOE) has initiated community outreach to facilitate consent-based siting, management of spent nuclear fuel (SNF), and interim storage facility siting. The effort, which is outlined […]

Countries throughout the world have set carbon emission reduction targets in an effort to limit the effects of climate change. Many are striving to achieve net zero in coming decades. Yet, governments also want to maintain, or even improve, living standards for their citizens, which means keeping power affordable and reliable. This poses some potentially […]

Oklo, the developer of the much-watched 1.5-MW Aurora microreactor, has submitted a recharged licensing project plan (LPP) with the Nuclear Regulatory Commission (NRC), launching a renewed effort that could help the advanced nuclear reactor developer set the stage for “effective and efficient” application reviews by the federal regulator. The move is a significant step for […]

A Maryland-based power generation group said it will build an 1,800-MW combined-cycle natural gas-fired power plant in West Virginia, a project that will utilize carbon capture and storage to take advantage of a government tax credit. Competitive Power Ventures (CPV) on Sept. 16 said it plans for the project to be operational later this decade. […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   September 15, 2022 Oxford Group: Decarbonizing Energy Would Save $12 Trillion A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward renewable energy and away from fossil fuels…   […]

The Biden administration announced a goal of installing as much as 15 GW of floating offshore wind energy capacity by 2035, and said it plans to auction off leases to support project development by the end of this year. The Sept. 15 announcement touted both the potential of offshore wind and its impact on reducing […]

A Texas-based company involved with data analytics for the energy industry is acquiring a Spanish group as part of a continuing effort to expand its offerings in the power generation sector. Enverus, formerly known as DrillingInfo and a longtime player in the oil and gas industry, on Sept. 14 said it is acquiring RatedPower, a […]

A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward renewable energy and away from fossil fuels is too expensive to pursue. The study, released Sept. 13 and published in the journal Joule, reports that decarbonizing the world’s energy systems would save […]

NuScale has signed a first task order and a statement of commencement with Polish mining and processing firm KGHM Polska Miedź S.A., kicking off early work for a VOYGR nuclear power plant of up to 924 MWe that the partners could deploy as early as 2029 to support KGHM’s copper and silver production in Poland. […]

Researchers at Sandia National Laboratories in New Mexico announced they completed a successful test of a new power-generating technology, delivering electricity to the local grid using an energy conversion system that they say could drive a major increase in efficiency for power plants across the U.S. and perhaps the world. The researchers, in a news […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   September 12, 2022 DOE Backs Carbon Capture Development at Two Major Gas-Fired Power Plants    Two major U.S. gas power plants will be part of the Department of Energy’s (DOE’s) efforts to develop carbon capture technologies capable of capturing at least 95% […]

Michigan’s governor has asked the Department of Energy (DOE) to support Holtec International’s efforts to “save” the 800-MW Palisades nuclear power plant, marking a potential turnaround for the facility in Southwest Michigan, which was taken offline for the final time on May 20, 2022, after 50 years of operation. Michigan Gov. Gretchen Whitmer’s in a […]

The Department of Energy’s (DOE)’s latest Energy Earthshot will seek to cut the cost of enhanced geothermal systems (EGS) to $45/MWh by 2035, an ambitious goal that would shave current EGS costs by 90%. The DOE’s latest Energy Earthshot—part of a 2021-research, development, and demonstration (RD&D) initiative it launched to accelerate breakthroughs for emerging technologies—will […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   September 8, 2022 Biden Administration Targets Industrial Decarbonization Through Electrification, Low-Carbon Fuels, CCUS The Biden administration has laid out a comprehensive roadmap to help five energy-intensive manufacturing sectors reduce their fuel- and power-related carbon emissions and achieve net-zero by 2050. The pathways […]

Germany plans to keep two of its three last nuclear power plants on standby until mid-2023—beyond their year-end closure deadline—to bolster its energy security through the winter. However, the declaration has prompted confusion within Germany’s nuclear industry, which says nuclear plants aren’t suited to perform as operating reserve. Germany’s Federal Ministry for Economic Affairs and Climate Action […]