clean energy

Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create the largest producer of clean and reliable energy in the U.S. with an asset portfolio of more than 60 GW. The definitive agreement, announced on Jan. 10, includes a cash and stock transaction valued at […]

Advanced nuclear firm Oklo has partnered with Switch, a Las Vegas-based data center designer, builder, and operator, to deploy 12 GW of Aurora powerhouses through 2044 in a  historic deal hailed as “one of the largest corporate clean power agreements ever signed.” The two companies announced a groundbreaking Master Power Agreement on Dec. 18 to […]

NET Power, developer of a novel gas-fired power plant that captures all atmospheric emissions, will explore deploying up to 1 GW of power capacity in Northern California with partner California Resources Corp. (CRC), California’s largest oil and gas producer.  CRC’s carbon management subsidiary, Carbon TerraVault (CTV), and NET Power signed a memorandum of understanding (MOU) […]

The Nuclear Regulatory Commission (NRC) has taken a historic step by voting to issue construction permits for Kairos Power’s 70-MWth Hermes 2, a “low power” advanced test facility comprising two 35-MWth molten salt reactors. “Following the Commission’s vote, Hermes 2 is now the first electricity-producing Gen IV plant to be approved for construction in the […]

Tuesday’s election, which will return Donald Trump to the White House and grant the U.S. Senate a Republican majority, could have sizeable implications for the power industry. In reactions sent to POWER, industry groups expressed a combination of cautious optimism, resilience, and preparedness for potential changes. Industry leaders are bracing for a pro-fossil fuel agenda […]

Ultra Safe Nuclear Corp. (USNC), a developer of much-watched microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy. The move signals a critical restructuring phase through which the company will seek to secure new ownership while ensuring uninterrupted operations. The company’s Oct. 29 filings at the U.S. Bankruptcy Court for the District […]

With the global population expected to reach approximately nine to 10 billion by 2050,  and one billion people still without energy access, our energy requirements are not only growing but also evolving. Each equinox reminds us of the essential balance we need to strive for in achieving net zero by 2050. COMMENTARY Crucially, the need […]

The U.S. Department of the Air Force has awarded Sage Geosystems an initial $1.9 million contract to demonstrate its pioneering geothermal baseload power and energy storage system at an off-site test well in Starr County, Texas.  When completed as planned in 2025, the demonstration will become the first Geopressured Geothermal Systems (GGS) facility in the […]

Installations of renewable energy projects hit 19 GW of generation capacity through the first half of 2024, more than double the five-year average for that time period, according to a report from the American Clean Power Association (ACP). The ACP on September 5 released its “Clean Power Quarterly Market Report | Q2 2024,” and said […]

POWER is proud to partner with RE+ as we provide information and insight for attendees of the largest renewable energy event in North America. RE+ celebrates its 20th anniversary this year, with the conference making its return to Anaheim, California. The 2024 event, running September 9 through 12, is building on its past success as […]