POWERnews
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Connected Plant
ROI Is the Secret Sauce for Sustainable Digital Transformation
“Digital Transformation” is a broad term that can mean vastly different things to different people. Within a given company, it’s easy to gain consensus that such a thing is necessary to stay competitive, but it’s tremendously difficult to define what it looks like in practical terms—much less where to start. Of course, it wouldn’t be […]
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Commentary
Securitization a Useful Financing Tool for Transition From Coal
By Brad Handler and Morgan Bazilian Nearly 75% of electricity generated from coal in the U.S. could be produced more cheaply with renewables, strengthening the environmental arguments to accelerate the retirement of coal plants. Yet such transitions to renewable sources have to factor in the costs—incremental, stranded and most pressingly, societal—of shutting down existing plants, […]
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POWERnews—Nov. 19, 2020
POWER Magazine Jobs White Papers Webinars Events Store November 19, 2020 Could Geothermal Energy Become the ‘Sexy’ Renewable? Geothermal is an often-overlooked and even disregarded renewable energy resource. While new wind and solar energy projects garner headlines nearly every day, geothermal is rarely sighted in news feeds. That… Battle Brewing […]
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Nuclear
Battle Brewing About California’s Role in Diablo Canyon Nuclear Plant Retirement
An assortment of entities have sought to intervene in a complaint alleging that the California Independent System Operator (CAISO) and California state agencies violated bulk power system reliability standards when they approved retirement of the 2,240-MW Diablo Canyon Power Plant (DCPP) by 2025. Before the comment deadline on Nov. 16, at least 15 entities sought intervention […]
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Nuclear
Bipartisan Legislation Introduced to Boost Advanced Nuclear, Preserve Existing Nuclear
Legislation introduced on Nov. 17 by a bipartisan group of senators on the Senate Committee on Environment and Public Works (EPW) will seek to strengthen the nuclear fuel supply chain, help incentivize commercial deployment of new reactor designs, and create a credit program to preserve existing nuclear reactors at risk of premature shutdown. The American […]
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POWER Podcasts
Could Geothermal Energy Become the ‘Sexy’ Renewable?
Geothermal is an often-overlooked and even disregarded renewable energy resource. While new wind and solar energy projects garner headlines nearly every day, geothermal is rarely sighted in news feeds. That could change in the future. In a report issued last year, the U.S. Department of Energy said geothermal electricity generation could increase more than 26-fold […]
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Renewables
Organic Technology New Paradigm for Power
A Florida-based company that touts what it calls a scalable organic energy-based power technology has launched operations in North America, and said it is making its technology available across several markets including for transportation and commercial buildings. GO-OPV, LLC on Nov. 17 announced its ORENgE organic technology will be used in a 120,000-square-foot commercial property […]
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Renewables
Solar Farms Would Replace New Mexico Coal-Fired Plants
A U.S. subsidiary of one of France’s largest providers of solar power has given New Mexico officials more detailed information about the company’s plans for developing a series of solar projects. The installations would help offset the loss of generation from retiring coal-fired power plants in the state, including the San Juan Generating Station (SJGS) […]
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Best of POWER—November 16, 2020
POWER Magazine Jobs White Papers Webinars Events Store November 16, 2020 Black & Veatch: No More Coal Construction 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… Darlington's […]
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POWERnews—Nov. 12, 2020
POWER Magazine Jobs White Papers Webinars Events Store November 12, 2020 Siemens, Toshiba Pulling Out of Coal-Fired Generation Toshiba Corp. and Siemens Energy are the latest major power industry companies to move away from coal. Toshiba on Nov. 11 announced it will stop taking new construction orders for… How Biden’s […]
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Plant Design
How to Plan a Successful Energy Construction Project
These Ten Steps May Help Power Companies Avoid Headaches, Delays, Higher Costs, and Legal Complications Jacqueline Greenberg Vogt, Esq. and Robert C. Epstein, Esq. The International Energy Agency projects the rapid growth of renewables, with solar at the center of this new constellation of electricity generation technologies. Hydropower remains the largest renewable source of electricity, […]
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Nuclear
NuScale Boosts SMR Module Capacity; UAMPS Mulls Downsizing Nuclear Project
In a breakthrough that could improve the economics of NuScale Power’s small modular reactor (SMR) technology—and reshape a project under development by its first potential customer, the Utah Associated Municipal Power Systems (UAMPS)—the Portland, Oregon-based company on Nov. 10 said it has determined its NuScale Power Module (NPM) can generate 25% more power per module. […]
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Coal
Siemens, Toshiba Pulling Out of Coal-Fired Generation
Toshiba Corp. and Siemens Energy are the latest major power industry companies to move away from coal. Toshiba on Nov. 11 announced it will stop taking new construction orders for coal-fired power plants, and Siemens on Nov. 10 said it will stop selling turbines for new coal-fired facilities. The two energy giants join General Electric […]
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News
IEA: Renewables Will Lead Global Generation in 2025
The world’s power generation is about to become even more green, according to a new publication from the International Energy Agency (IEA). The group on Nov. 10 published its “Renewables 2020″ report, and highlighted how generation capacity from both wind and solar will double across the next five years and surpass global generation from both […]
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O&M
The POWER Interview: A Virtual Approach to Factory Acceptance Testing
Traditional in-person factory acceptance testing, also known as witness testing, is a challenge during a pandemic. To keep projects moving, power management company Eaton developed a virtual method to help utilities verify the capabilities of their complex equipment before it arrives onsite. This virtual solution can provide important advantages compared to traditional witness testing, including […]
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Coal
AEP Will Shutter Nearly Half its Giant Coal Power Fleet—5.6 GW—by 2030
American Electric Power (AEP) will shut down or refuel 5.6 GW of its 2020 coal-fired power fleet by 2030 to comply with environmental rules—including recent revisions governing federal coal ash and effluent limitations—and rebalance its portfolio in a bid to meet ambitious climate goals. The move is bold for the Columbus, Ohio-based generating giant, which […]
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Nuclear
Belarus Brings Country’s First Nuclear Plant Online
The first reactor of the first nuclear power plant in Belarus was connected to the grid on Nov. 3. The Belarusian Nuclear Power Plant, also known as the Astravets plant, will have two operating reactors with a total 2.4 GW of generation capacity when completed in 2022, according to its current timeline. The plant has […]
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POWER Podcasts
Clean Energy Tech Company Offers Customers Renewable Options
There is a growing trend toward clean energy around the world. A number of high-profile companies, including Google, Apple, Walmart, and more than 260 others, have set 100% renewable electricity goals, and power companies, too, have joined in the movement, with many targeting net-zero emissions in coming decades. However, most consumers have found it more […]
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Electric Vehicles
Is Vehicle-to-Grid Technology the Key to Accelerating the Clean Energy Revolution?
Neil Wright Vehicle-to-grid (V2G) technology is not new, but it is extremely nascent. To many, it is the natural progression from “smart charging,” whereby electric vehicles (EVs) are only recharged at the best time for the network, to a more holistic grid scheme. But V2G trials are unfolding slowly, as finding the right business model […]
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News
How Biden’s Presidency Could (Further) Transform the Power Sector
Joe Biden on Nov. 7 clinched the 270 electoral votes needed to win the presidency, barring Donald Trump’s prospects for a second-term. Almost immediately, reactions from various parts of the power sector streamed in, highlighting possibilities and pitfalls of Biden’s wide-ranging energy and environment agenda. Energy, and its implications on the environment, figured prominently as […]
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Commentary
FERC Opens Electricity Markets to Distributed Resource Aggregators
By Bud Earley and Mark Perlis, Covington & Burling LLP The Federal Energy Regulatory Commission (FERC) on Sept. 17, 2020, approved a final rule that will enable distributed energy resource aggregators to compete in organized wholesale electricity markets. Distributed energy resources (DERs) are located on the electric distribution system or behind the customer meter and […]
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POWERnews—Nov. 5, 2020
POWER Magazine Jobs White Papers Webinars Events Store November 5, 2020 Black & Veatch: No More Coal Construction 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… 2020 […]
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Technology
How the Power Sector Can Leverage Private Mobile Broadband Networks
By Mark Bole, CEO, Quortus There has been a sharp increase in the number of enterprises across the world looking to build private mobile broadband networks—2G, 3G, LTE, and 5G—over the past few years. Put simply, this has seen enterprises buy up radio spectrum to provide organizations with the freedom to create dedicated, optimized and […]
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News
2020 Voters Cement Nevada’s 50% RPS, Shakeup of Energy Oversight in New Mexico
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 […]
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Renewables
Developments in Offshore Wind Technology
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 […]
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News
Renewables Group Lambasts Labor Department’s ‘Anti-ESG’ Rule
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 […]
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Coal
Thermal Coal—Now and Next
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. […]
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Interview
The POWER Interview: Financial Benefits of Energy Storage
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 […]
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News
FirstEnergy Fires CEO as Nuclear Bailout Probe Continues
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 […]
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Coal
Black & Veatch: No More Coal Construction
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 […]