competition
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Nuclear
Vattenfall Narrows SMR Field to Two Finalists: GE Vernova’s BWRX-300 and Rolls-Royce SMR
Swedish utility Vattenfall has narrowed its small modular reactor (SMR) supplier selection to two finalists—GE Vernova Hitachi Nuclear Energy’s (GVH’s) BWRX-300 and the Rolls-Royce SMR—for potential construction of new nuclear capacity adjacent to its Ringhals plant site on Sweden’s Värö Peninsula. The announcement represents a critical step in what could become Sweden’s first new nuclear build project in more than 40 years. While the utility ultimately intends […]
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Nuclear
UK SMR Competition Narrows Contenders to Four Nuclear Designs
The UK government has narrowed its shortlist of technologies competing in its flagship Small Modular Reactor (SMR) competition to four candidates. On Sept. 25, it announced that Westinghouse, GE-Hitachi Nuclear Energy (GEH), Holtec Britain, and Rolls-Royce SMR remain in the running to negotiate potentially multi-billion-pound nuclear technology development contracts under the fast-track initiative aimed at […]
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Cybersecurity
DOE Competition Helps College Students Prepare for Cyber Jobs in the Energy Industry
There is growing demand for cybersecurity professionals all around the world. According to the “2023 Official Cybersecurity Jobs Report,” sponsored by eSentire and released by Cybersecurity Ventures, there will be 3.5 million unfilled jobs in the cybersecurity industry through 2025. Furthermore, having these positions open can be costly. The researchers said damages resulting from cybercrime […]
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Renewables
DOE, NREL, EPRI Announce Program to Support Grid Integration of DERs
The U.S. Dept. of Energy (DOE) has announced a new competition designed to support the integration of distributed energy resources (DERs) into the nation’s power grid. Energy Secretary Jennifer Granholm unveiled the program Feb. 7 during a presentation to attendees of the DISTRIBUTECH 2023 event at the San Diego Convention Center in California. The program […]
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Commentary
COP, New Energy Laws, and the Power of Competition
There’s a lot going on in the energy world right now. The United Nations Climate Change Conference (COP26) is happening in Glasgow, Scotland. Congress recently passed major new energy legislation in the Infrastructure Investment and Jobs Act. And as consumers soon will find out if they don’t already know: much higher energy costs and heating bills are […]
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Commentary
Competition for Cleaner Energy Will Pay Dividends for Climate and the Economy
America’s energy system has entered a new era where companies are competing against one another to reduce greenhouse gas emissions. Customers—large and small—are concerned about climate change, forcing business models to adapt beyond keeping the lights on. Today, 75% of households in the U.S. are served by a utility with a carbon or emissions reduction goal—to […]
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Business
The Evolution of Power Business Models
Traditional models have been upended by recent disruptions, including decarbonization, decentralization, and even the COVID pandemic, but new ones are replacing them that focus on customer preference
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Press Releases
NREL Names FAST Prize Concept Stage Winners
Nine pumped-storage hydropower (PSH) concepts today were named winners of the latest stage in the FAST Commissioning for Pumped-Storage Hydropower (PSH) prize competition. The FAST Prize—which stands for “Furthering Advancements to Shorten Time”—is part of the American-Made Challenges series, designed to accelerate the commissioning times of PSH projects from 10 years to five, while reducing […]
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News
How the DOE Is Looking to Save Hydropower
The Department of Energy (DOE) unveiled a slate of measures to help U.S. hydropower thrive as costs for wind and solar plummet. Measures will include a roadmap to identify hydro’s value in a future grid, and a first-of-its-kind prize designed to encourage innovative and faster pumped storage construction techniques. In her opening speech at Waterpower […]
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Coal
UK Axes CCS Competition, Puts Two Big Carbon Capture Power Projects at Risk
The UK has canceled its flagship £1 billion ($1.5 billion) competition to help commercialize carbon capture and storage (CCS) technology from power plants. The decision by the Department of Energy and Climate Change (DECC) was announced in a three-sentence release to the London Stock Exchange just days before crucial climate change negotiations are due to […]
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