energy
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Nuclear
The Clean Skills Transition: Supporting Jobs Growth Toward Net Zero
In the Arab World, the energy industry has been a key enabler of economic growth, and a major employer for generations. Today, as more countries diversify their energy portfolios as part of the transition to cleaner energy sources, and in parallel, conserve natural resources for higher-value products, a period of major disruption lies ahead. But […]
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Commentary
History Repeats as Solar Power Oversold, Underperforms
Some stories in the world of energy are perennial. Pretty much every year, we read new advances in energy production or use that are going to revolutionize the world. And every year, that prediction doesn’t pan out. COMMENTARY Other stories are decadal. Every 10 years or so, we hear about radical breakthroughs in electric cars, […]
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Business
Money Makes the Power and Energy Sectors Go ‘Round
If you’ve seen the musical “Cabaret,” you know that “money makes the world go ‘round” in a variety of ways. While it may not indeed make the power and energy sectors “go ‘round,” money does
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Press Releases
Enverus Acquires Marginal Unit to Address Power Congestion, Predictability and Price Impact
Austin, Texas (June 29, 2021) — Enverus, a leading global energy data and SaaS technology company, announced today that it has acquired Marginal Unit Inc., a power market analytics firm that helps users understand the past, present and future of the electrical grid. Marginal Unit specializes in congestion analysis, power flow, identifying pricing opportunities and empowering […]
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Commentary
U.S. Must Take Lead Role in Hydrogen Use For Our Energy Future
For a century our country has relied on fossil fuels to power our economy. But that is beginning to change with wind, solar, renewable fuels, hydrogen, advanced nuclear options, and more. The effort to decarbonize our economy and protect the planet from greenhouse gas emissions is now aggressively underway in the U.S. and other parts […]
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International
The Tsunami Coming for Mexico
Although Mexican economic history shows moments of tension between the private sector and the federal government—for example, during the administration of President Luis EcheverrĂa (1970-1976)—never in the modern era has such tension reached the levels experienced at this time. The attacks on the private sector, including foreign investment, that the current federal administration has carried […]
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History
Understanding Energy Crises of the 1970s and Avoiding Problems Today
If you were alive and living in the U.S. during the 1970s, you probably remember waiting in long lines to fill your car with fuel. Yet, gasoline wasn’t the only item in short supply during the “Me Decade”—natural gas was seemingly running out and electricity demand was growing so much that new power plants were […]
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IIOT
Blockchain and Energy Innovation Marches On
Even in a pandemic, energy innovators are developing blockchain technology to implement powerful changes. From automating crude oil trading to amplifying the impact of renewable energy sources, innovations harnessing blockchain technology are likely to change the energy industry in profound ways. Inventors, enterprises, and investors who act today to obtain patent protection for their early […]
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Power
Australia Launches Gas Strategy to Revitalize Power Sector
In a bid to spur economic activity and thwart a COVID-19–related downturn, Australia’s government in September set out a strategy to reset domestic power and gas priorities to tamp down power prices and
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Gas
Energy Deals Shift to Renewables and U.S. Shale Bargains
At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future. In mid-May 2020, French oil major Total opted not to pursue a deal, announced in 2019, to purchase the African assets of Anadarko Petroleum, a U.S. producer […]
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Fuel
A High Energy Potential: Power-to-Heat
Though a lesser discussed power-to-x solution, power-to-heat technologies are already mature, commercially available, and market competitive. And they are already making an impact on the power sector. Much
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Connected Plant
Digital Strategies for Power Plant Optimization
The power generation sector has been challenged by trends in digitalization, growth of intermittent renewables, equipment performance improvements, new generation, and storage technologies. Digitalization is a
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Coronavirus
Charting a Path Forward for the Energy Sector in a Post-Pandemic World
The onset of the COVID-19 pandemic is not the type of thing enterprise technologists could see in our magic crystal ball. Before the onset of the virus and its effects, I set out three predictions for the energy, utilities, and resources sector for the coming year—but of course, a global shutdown of business, transport, and […]
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Interview
The POWER Interview: Powering Through a Pandemic
It’s an unprecedented time for power generators worldwide. Utilities, grid operators, equipment manufacturers, and others working to keep the lights on know that a reliable supply of electricity is more important than ever as the world battles through the coronavirus pandemic. Dino Barajas, who recently joined the finance arm of DLA Piper in Los Angeles, […]
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News
Employer Branding and Onboarding: Keys to Recruiting and Retaining Top Millennial Talent in Power Generation
It’s well-known that many of the workers and leaders in the energy sector are approaching retirement age, with 25% eligible in the next 5 years and 50% eligible in the next 10 years. With fewer and fewer people filling the talent bench and an industry that’s fighting a negative public perception, the situation is only […]
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Press Releases
DOE Announces Up to $15 Million for Tribes to Deploy Energy Technology
WASHINGTON, D.C. (March 27, 2020) — The U.S. Department of Energy (DOE) today announced up to $15 million in new funding to deploy energy technology on tribal lands. This funding through the DOE Office of Indian Energy Policy and Programs will support Indian Tribes, Alaska Native Regional Corporations and Village Corporations, Intertribal Organizations, and Tribal […]
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Coronavirus
Ensuring Access to Energy More Important Than Ever
As the coronavirus (COVID-19) crisis grows, our first priority should be to assist those whose health and welfare are at most risk. Access to affordable water and energy is a crucial need at all times, but never more than now as the COVID-19 pandemic grows. NRDC supports calls for utility disconnection moratoriums and other protections for our most vulnerable […]
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News
Obrador Administration Rolling Back Energy Reform in Mexico
The future of energy in Mexico is being shaped by the administration of President Andrés Manuel López Obrador, who wants state-owned energy companies to have more influence over the country’s power
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Press Releases
GE Hitachi Nuclear Energy Awarded Contract to Support Decommissioning of Pilgrim Nuclear Power Station
WILMINGTON, North Carolina—December 3, 2019—GE Hitachi Nuclear Energy (GEH) announced today that it has been awarded a contract by Comprehensive Decommissioning International, LLC (CDI) to decommission the reactor internals and reactor pressure vessel at the Pilgrim Nuclear Power Station in Plymouth, Massachusetts. Employing cutting-edge technology, GEH will dismantle, segment and pack reactor internals and the […]
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Markets
Distress and Deals Continue to Persist in Energy Sector
At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]
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News
Investing in African Energy—Weighing Risks and Rewards
Foreign energy companies are investing in Africa as that continent builds out its power generation infrastructure. But there are risks to those investments, as some governments—Angola, Tanzania, and Libya
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Press Releases
Drillinginfo Announces Name Change to Enverus
Austin, TX (August 22, 2019) – Drillinginfo, a leading energy SaaS and data analytics company, announced today that it has changed its corporate name to Enverus. Marking both the company’s 20thanniversary and surpassing $300 million in Annual Recurring Revenue (ARR), the new name and brand better reflects the company’s identity as a leading data, analytics, and […]
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News
Holtec Adds Indian Point Nuclear Plant to Decommissioning Portfolio
Entergy on April 16 said it will sell its Indian Point Energy Center to Comprehensive Decommissioning International, a Camden, N.J.-based jointly owned subsidiary of Holtec International, a company buying nuclear plants that are closed or scheduled for retirement. Holtec in the deal will receive funds that Entergy has invested in a decommissioning trust, currently worth […]
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Connected Plant
BlueVoyant and IronNet Cybersecurity Form Partnership to Provide Cyber Collective Defense Capabilities to Energy Providers
Houston, March 14, 2019 – BlueVoyant and IronNet Cybersecurity today announced a partnership to deliver advanced, collective cyber defense and threat-detection capabilities to small-to-medium-sized energy providers in the United States. The joint offering will deliver IronNet’s threat analytics platform along with the industry’s first and only real-time collective cyber defense capability through BlueVoyant’s superior managed […]
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Press Releases
Portland General Electric and NextEra Energy Resources to develop nation’s first major energy facility co-locating wind, solar and battery storage
Project will advance Oregon’s clean energy future while delivering affordable electricity for PGE customers Portland, Ore. Feb. 12, 2019 — Portland General Electric Company (NYSE: POR) and NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. (NYSE: NEE), today announced plans to construct a new energy facility in Eastern Oregon combining 300 megawatts of […]
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Press Releases
Palisades Power Plant Returns to Service after Successful Refueling, Comprehensive Inspections and Other Maintenance
COVERT, Mich. (December 28, 2018) – Palisades Power Plant returned to service this morning, following the completion of its successful scheduled refueling and maintenance outage. Control room personnel returned the plant to operation, sending electricity to the grid after a planned shutdown that began October 28. This was the 26th refueling in the plant’s history. […]
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Commentary
What Is Coal’s Future? [PODCAST]
The Jackson Hole Center for Global Affairs—a bipartisan think tank—will host the “Jackson Hole Global Forum: Climate Solutions, Coal Communities, and Economic Diversification,” in Jackson Hole, Wyoming, November 8–9, 2018. Among the sessions on day one is a panel titled “What Is Coal’s Future?” Charles K. Ebinger, nonresident senior fellow with the Atlantic Council, will […]
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Legal & Regulatory
NRG Ends Effort to Repower Dunkirk Plant
NRG Energy will not restart its Dunkirk power plant in western New York, with the company on July 11 saying the cost to reconnect the facility to the state’s electric grid prohibits reopening the retired coal-fired plant as a natural gas-fueled facility. David Gaier, an NRG spokesman, told POWER the project’s increased costs, along with needed […]
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O&M
Three U.S. Nuclear Plants Get Poor Marks from NRC
Officials with the U.S. Nuclear Regulatory Commission (NRC) plan to hold a public hearing May 31 on the safety record of the Arkansas Nuclear One power plant in Arkansas, whose two units are among three cited by the agency for poor performance and other problems in its annual assessment of the nation’s nuclear fleet. The […]
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Renewables
GE Will Take on Alstom Stakes in Energy Joint Ventures for $3.2B
GE will buy Alstom’s stakes in three energy joint ventures (JVs) the companies formed when GE acquired Alstom’s energy business nearly three years ago. Alstom and GE on May 4 signed an agreement that essentially sets out a plan for Alstom to exercise put options on JVs it formed with GE pertaining to their renewables […]