generation

South African state-owned utility Eskom has garnered the National Nuclear Regulator’s (NNR’s) approval to continue operating Unit 1 of the 1,860-MW Koeberg Nuclear Power Station for another 20 years, until July 21, 2044. The nuclear regulator’s approval effectively extends the lifetime of the 930-MW unit to 60 years. The unit’s current 40-year license was set […]

In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams are increasingly important. In addition to selling energy and capacity, many generation facilities collect fixed, monthly payments for the provision of “reactive power,” which are […]

Incremental unplanned generation outages triggered during Winter Storm Elliott spiked to 90.5 GW—significantly more than the 61.8 GW during Winter Storm Uri in 2021—representing 13% of the U.S. portion of anticipated resources in the Eastern Interconnection. That finding, one of many disturbing details unveiled by the Federal Energy Regulatory Commission (FERC) and North American Electric […]

Once a giant pure-play independent power producer, NRG Energy has cultivated a legacy of pioneering business models to withstand waves of change in the power sector. Its latest strategic shift pivots from

The power industry’s rapid adoption of digitalization is a striking example of its dynamic innovation—the continuous development and introduction of new ideas, products, or processes to meet shifting

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

Phasing out all coal for electricity generation in the U.S. by 2030 is necessary both for averting the most dangerous consequences of the climate crisis, and for demonstrating international leadership to

The North American Electric Reliability Corp. (NERC) is warning that much of the central U.S.—a region that stretches from the Great Lakes into southern Texas—may face critical power deficiencies during extreme winter weather conditions over the next three months. Natural gas supply disruptions and low hydropower conditions could also imperil power reliability in New England […]

Over the past two decades, Ecuador has added a lot of hydroelectric power to its mix. Going forward, natural gas generation is expected to play more of a role in maintaining reliability and adding flexibility

At the virtual 2nd Global Ministerial Conference on System Integration of Renewables on Oct. 27, several high-ranking policymakers pointed to a number of localized challenges affecting their countries’