cost
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Commentary
Cost Makes Adding New Nuclear Power Plants Unthinkable
On Friday, May 31, U.S. Department of Energy (DOE) Secretary Jennifer Granholm flew to Georgia to attend a ribbon-cutting ceremony for Plant Vogtle, the first set of nuclear reactors built in the U.S. in nearly 30 years, where she called for another 198 large-scale reactors to follow. There is a lot I don’t understand in […]
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O&M
Reduce Plant Fuel Use, Emissions, and Operating Cost with Performance Models and Predictive Maintenance
Thermal power generation has to adapt new methods to thrive as renewables transform dispatch. Now used more often as a bridge source of power rather than the main source of power, many fossil fuel plants
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Nuclear
How Does Uranium Price Increase Affect Nuclear Power Plant Profitability?
Uranium has been one of the best-performing asset classes in 2022, according to data supplied by HANetf’s Sprott Uranium Miners UCITS ETF (URNM). In fact, the uranium spot price has increased 24.12% during the year through Oct. 31, according to the fund. October was a particularly strong month for uranium oxide (U3O8), which is used […]
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Hydrogen
Making the Best Decisions on Air, Water, and Energy Products Relative to Hydrogen Combustion
Power plants are planning very large investments in generators fueled by hydrogen, methane, mixtures, or ammonia. While hydrogen has the environmental advantage of zero carbon emissions, it has many disadvantages in terms of physical characteristics and safety. The demand on the valves, compressors, burners, NOx control, and other air, water, energy (AWE) products and services […]
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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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Solar
The Solar and Wind Power Cost-Value Conundrum
The costs for wind and solar power generating systems have decreased dramatically over the past decade. According to the International Renewable Energy Agency (IRENA), the global weighted-average levelized
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Connected Plant
Data Breaches Cost More Than $4 Million Per Incident, Power Industry at High Risk
IBM Security reported on July 28 that the average cost of recent data breaches was $4.24 million per incident, the highest cost ever recorded by the company in 17 years of tracking the metric. Notably, data breaches in the U.S. were by far the costliest, exceeding $9 million per incident on average. The findings were […]
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Hydrogen
How Much Will Hydrogen-Based Power Cost?
Costs associated with 40 hydrogen technologies used in 35 applications, including for heat and power, could tumble dramatically over the next decade as the scale-up of hydrogen production, distribution, and equipment and component manufacturing continues. For some applications, hydrogen could become competitive with other low-carbon alternatives, and even conventional options. Those are key findings from […]
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Gas
Analytical Tool Helps HRSG Operators Compare Equipment Reliability
Ever since deregulation came to the power industry, combined cycle plant managers have been trying to benchmark their production metrics and cycling costs against those of their competitors. There has always
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Nuclear
Crucial to Decarbonization, Costs Dim Prospects for Nuclear Power
A Massachusetts Institute of Technology (MIT) interdisciplinary study found that nuclear power has the potential to contribute greatly to the achievement of deep decarbonization goals, yet despite its promise, cost hinders the expansion of nuclear power. “The Future of Nuclear Energy in a Carbon-Constrained World” was released on September 3. It is the eighth in […]
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