business

The Department of Energy (DOE) has selected a consortium that will work to foster demand for commercial clean hydrogen at seven regional hydrogen hubs (H2Hubs), which the agency in October 2023 selected to receive $7 billion in federal funding. The Hydrogen Demand Initiative (H2DI) consortium will be tasked with designing and implementing demand-side support mechanisms, […]

Fifty years after the first global oil shock in 1973, the world’s energy sector is again facing high geopolitical tensions and uncertainty—though this time around, “pressures are coming from multiple

Siemens Energy may be poised to become a crucial equipment and consulting partner for Oklo’s Aurora powerhouse, a liquid metal-cooled fast nuclear reactor. A memorandum of understanding (MOU) Oklo unveiled on Dec. 19 designates Siemens Energy to become Oklo’s potentially preferred supplier for the rotating equipment in the conventional island of the Aurora powerhouse, including […]

You often hear it said that government should be run more like a business. But a senior industry executive with cabinet-level experience in the Reagan and Bush II administrations explains why it’s not that simple.

In late 2024, a first-of-a-kind, fully functional project spearheaded by Duke Energy, GE Vernova, and Sargent and Lundy could begin demonstrating the commercial peaking capabilities of an integrated hydrogen power-to-power system at Duke Energy’s DeBary power plant in Florida. In an exclusive interview, project partners revealed details of the potentially trailblazing installation, which is slated […]

Rooted in the birth of the UK’s energy industry, National Grid’s operations have traversed critical periods of the energy industry’s tumultuous history. While it is today one of the world’s largest

European Union (EU) electricity markets appear to be successfully bucking their reliance on Russian gas. Several recent reports point to improved market fundamentals in the region, suggesting the region is on

The much-watched Advanced Clean Energy Storage Hub (ACES Delta)—a project shaping up to be the largest renewable hydrogen energy hub in the U.S.—has received its first shipment of large-scale hydrogen electrolyzers and gas separators.  The shipment, unveiled on Oct. 25, marks the first equipment delivery for the Delta, Utah, project’s integrated Hydaptive package. Hydaptive is […]

Constellation Energy will use a portion of newly announced federal funding for the Midwest Hydrogen Hub (MachH2) to build “the world’s largest nuclear-powered clean hydrogen facility” at its 2.3-GW LaSalle Clean Energy Center in Illinois. The company on Oct. 16 said it plans to leverage a $1 billion award announced by the Department of Energy (DOE) last […]

Seven regional hydrogen hubs spanning Appalachia, California, the Midwest, the Gulf Coast, the American heartland, the Mid-Atlantic, and the Pacific Northwest are poised to receive $7 billion in Infrastructure Investment and Jobs Act (IIJA) funding under the Department of Energy’s (DOE’s) Regional Clean Hydrogen Hubs Program (H2Hubs). The selections, unveiled by the Biden administration on […]