energy transition
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Hydrogen
Moving Toward a Hydrogen Economy in the U.S. and Beyond
While using low-carbon hydrogen is not a viable economic option in most markets today, the wheels are set in motion for hydrogen to support the decarbonization of the world’s energy supply. It is a journey
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Legal & Regulatory
FERC Adopts ‘Historic’ Reforms to Ease Nationwide Generation Interconnection Backlog
The Federal Energy Regulatory Commission (FERC) has approved key transmission reforms aimed at clearing a staggering backlog of more than 10,000 generation and storage projects—more than 2,000 GW—stalled in interconnection queues across the country. Order 2023, a final rule unanimously adopted by FERC’s four commissioners at a July 27 open meeting and posted in full […]
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Trends
Clean Energy Transition Continues Despite Reliability, Supply Chain, and Financial Uncertainty
Although there is a risk of energy shortfalls in parts of the U.S. if extreme summer temperatures materialize, there is no stopping the clean energy transition that is sweeping the nation. Energy storage
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Trends
Digitalization Is Now a Power Sector Imperative: Takeaways from Connected Plant Conference 2023
Digitalization is now so firmly embedded in the power sector that if participants haven’t yet begun their digital journey, they’ve inherently fallen behind. That was a message repeated at the three-day 7th annual Connected Plant Conference (CPC), which took place this week in New Orleans, Louisiana. POWER magazine and Chemical Engineering magazine’s conference this year […]
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Energy Security
Rethinking Energy Reliability with Modern Power Systems
As the energy transition to inverter-based resources continues, reliability risk increases and requires additional investment to mitigate threats. But what measures should be put in place, what are the
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History
Enduring Value: Entergy’s More Than 100-Year-Old Story
One man’s ambition to electrify the Middle South and improve its economic outlook 110 years ago evolved from a handshake for steam from a boiler powered with waste sawdust into Entergy Corp., a
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Commentary
U.S., European Legislation Puts Real Muscle into Clean Energy, Decarbonization, and Job Creation, but Must Evolve to Keep Up with Demand
COMMENTARY With the passage of the Inflation Reduction Act (IRA) in December, the U.S. put some real financial muscle behind efforts to combat climate change and incentivize renewable energy with $370 billion in loans, grants, and tax credits to spur clean energy technology development, manufacturing, and job creation. Once the full potential of the bill […]
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Interview
The POWER Interview: Physical Attacks on the Grid Soared in 2022. What Can Be Done?
Physical security at power plants has received renewed concern of late, owing to a spate of gunfire vandalism events in the U.S. However, power plants have long-fielded several other physical security risks, including from terrorism, sabotage, natural disasters, insider threats, and physical breaches. Power plants have typically employed a set of physical security tools, such […]
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Commentary
From Horses to 1,000 Horsepower—Existing Infrastructure Key to Energy Transition
Demand for horses peaked in the United States in 1905; more than a hundred years later, we still use “horsepower” as a measuring stick for our engines and motors. James Watt, the inventor of the steam engine, first coined the term following a calculation that deduced a single horse could push up to 33,000 pounds […]
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Commentary
Idiot or Maniac: Where Does Your Power Company Fit in the Discussion?
It’s kind of exciting to be able to write that events are back in full swing. In case you missed it, POWER hosted the co-located Experience POWER, Distributed Energy Conference, and HydrogeNext events, Oct
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Commentary
Keeping the Lights on During the Grid Transition
California seems to face the prospect of electricity shortages almost every summer. For example, Californians were asked to voluntarily reduce their electricity consumption for 10 days in a row in August. A few weeks later, the state’s grid operator issued another emergency alert: “Conserve energy now to protect public health and safety … Power interruptions […]
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Business
How Bitcoin Mining Can Help Power Companies Optimize Generation Assets
Bitcoin mining is the process used to generate new coins and verify new transactions. The process involves vast, decentralized networks of computers around the world that verify and secure blockchains, the virtual ledgers that document cryptocurrency transactions. In return for contributing their computing power, miners are rewarded with new coins. The process ultimately requires a […]
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Connected Plant
Forging a Net Zero Future: Embracing Digital Technologies to Disrupt and Drive the Energy Transition in the Middle East
When reflecting on recent years, the exacerbating climate crisis has resulted in a paradigm shift where attitudes and actions are concerned. Rather than being a subject of ongoing debate and divided opinions, global warming has instigated radical reform throughout Middle Eastern society, inspiring nations to introduce abatement imperatives, enact meaningful change, and embark on a […]
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Trends
AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head
American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]
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Coal
Station Life Extension Through Coal-to-Gas Conversion
A project executed from conception through commissioning with the ideals of shared risk and shared success offers a unique approach to project execution, which could be replicated to keep other power plants in
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Hydrogen
Hydrogen Poised to Play Prominent Role in the World’s Energy Transition
People around the world are searching for ways to decarbonize, and green hydrogen is a fuel that can help in that effort. Green hydrogen is produced through electrolysis using renewable energy, such as wind and solar power. Although most hydrogen produced today is made from natural gas, often referred to as gray hydrogen, new capacity […]
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Press Releases
MISO’s Forward View of the Value Proposition projects increasing regional benefits from MISO membership
Regional coordination becomes even more valuable during the energy transition CARMEL, Ind. — Today, the Midcontinent Independent System Operator (MISO) announces the Forward View of the Value Proposition which projects the benefits of MISO membership for 2030 and 2040. The Forward View will reflect expanded value streams including the projected value of sharing flexible resources […]
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Press Releases
Hitachi Energy and Schneider Electric collaborate to speed up the energy transition
Collaboration to accelerate the deployment of sustainable and smart energy management solutions Complementary portfolios in medium and high-voltage technologies to provide greater customer value Zurich, Switzerland, June 9, 2022 – Hitachi Energy, a market and technology leader in transmission, distribution and grid automation solutions, and Schneider Electric, the leader in the digital transformation of energy […]
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Hydrogen
Fuel of the Future: How the World Can Build a True Hydrogen Economy
Versatile and plentiful, hydrogen could go a long way toward helping the world meet its climate targets. Already, it’s a component in all eight of the European Commission’s (EC’s) net-zero emissions scenarios for 2050. Meanwhile, in the U.S., the Department of Energy has initiatives that will spur significant investment in the hydrogen economy—efforts boosted by […]
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Press Releases
Worsening energy crisis is a major opportunity for investors
The global energy crisis will continue to deepen and should act as an alarm call now about the decent long-term future rewards in sustainable investments, says the CEO of a leading global financial giant. The analysis from Nigel Green, CEO and founder of deVere Group, one of the world’s largest independent financial advisory, asset management and […]
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Press Releases
Wood launches next generation of hydrogen production technology
Wood, the global consulting and engineering company, has unveiled its new steam methane reforming (SMR) technology, which can achieve 95% CO2 emissions reduction, compared to a traditional hydrogen production plant. The technology aims to counter inefficiencies in energy, heat production and industrial processes, which together account for more than half of all global greenhouse gas […]
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Geothermal
Iceland Offers Case Study of Geothermal’s Powerful Potential
As more countries plan on achieving a green energy transition, Iceland offers guidance on how to effectively harness the power of geothermal. Imagining Iceland without geothermal energy would require turning
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Press Releases
Commitment to a sustainable future: Endress+Hauser joins the European Clean Hydrogen Alliance
In joining the European Clean Hydrogen Alliance, Endress+Hauser is supporting the development of a clean and competitive hydrogen industry in Europe. The goal is to achieve CO2 neutrality in the process industry by the middle of the century through the introduction of hydrogen technologies. Working together with other industry partners, Endress+Hauser wants to support the […]
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Hydrogen
Fueling a Cleaner Future with a Hydrogen-First Economy: The New Green Energy Disrupting Power Distribution Companies
Today, hydrogen is experiencing unprecedented demand. Its potential to become a key facilitator of a global transition to a net-zero emission economy, and provide a clean energy solution, has not gone unnoticed by industries worldwide—especially in the energy, utilities, and resources sector. But introducing a hydrogen-powered energy economy is no light decision, it will affect […]
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Hydrogen
How Ammonia Could Help the World Transition to Clean Energy
Hydrogen is widely seen as a vital component in efforts to decarbonize the world’s power supply. One example of this is a strategy being piloted by at least a couple of major gas turbine manufacturers, which involves storing “green hydrogen” produced through electrolysis using excess wind or solar power when renewable energy supplies exceed grid […]
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Coal
Duke Energy Eyeing Coal Phaseout by 2035
Duke Energy, the nation’s largest power producer, will dramatically slash coal generation’s share from the current 22% of total generation to 5% by 2030 and achieve a full phaseout of unabated coal by 2035. The company instead expects to deploy more than $130 billion over the next decade—$63 billion of which it will spend over […]
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History
New Era for NextEra: A Utility Spotlight
Since its inception as Florida Power & Light Co. in 1925, NextEra Energy has transformed into the world’s largest utility company. The company’s history is symbolic of the growth and uncertainty that has characterized the history of power.
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Nuclear
Optimism Is Warranted in the Power Industry in 2022 and Beyond
While some sectors of the power industry are struggling to stay relevant, there are many more segments that are thriving. As new technologies are developed and perfected, there is more reason than ever for
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Commentary
Coal Is Still King
For all the talk about the demise of coal, it may be important to note that coal generated 35% of the world’s electricity in 2020, more than any other fuel. Even in the U.S., coal was expected to generate
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Commentary
The Energy Transition Will Require Staggering Growth in Electrification and Enabling Technologies
Rystad Energy, an independent energy research and business intelligence company that provides data, tools, analytics, and consultancy services to the global energy industry, organized and hosted the “Energy