power generation

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 […]

The fog of uncertainty that hangs over the global power industry is getting larger and denser as generating companies and utilities navigate ever more complex challenges.

While 2021 unfolded with some relief from the chaotic global pandemic that jolted the world in 2020, the year may be remembered for its extraordinary series of energy crises. After a cold snap prompted mass

Stricken by a surge in global coal prices and freight costs, several Indian coal power plants are fielding a critical coal supply shortage that has forced some to curtail power. Fearing a power crisis, the Ministry of Power recently directed hydropower generators to defer scheduled maintenance through October. The Ministry of Coal, meanwhile, this week […]

The global energy sector, including utilities, is looking at a talent drain. As older workers retire, the competition to recruit younger workers to replace them has heated up. The power generation industry today is more digitized, reliant on expertise in analyzing data and developing software. That means many workers who could move into positions at […]

Technological innovation has forever been part of the power generation sector, as electricity producers strive for more efficient and more economic ways to deliver power. The POWER magazine editorial staff, in a “State of the Industry” presentation on Sept. 28 to open the virtual 2020 Experience POWER conference, identified four trends in power generation that […]

Two reports analyzing energy transitions toward low-carbon resources released this week offer mixed assessments of how the power industry is faring in efforts to tamp down carbon emissions.  The World Benchmarking Alliance (WBA), a broad group of stakeholders committed to 17 Sustainable Development Goals developed by the United Nations (UN) in 2015, on July 6 launched […]

The trade group representing the U.S. wind energy industry says the sector emerged as the top provider of new utility-scale power generation in the nation in 2019, with 9.1 GW of large wind power projects coming online. The American Wind Energy Association (AWEA), in its Wind Powers America Annual Report 2019 released April 16, said […]

Annual wind power generation exceeded hydroelectric generation for the first time in 2019, according to data published by the U.S. Energy Information Administration (EIA) on Feb. 26, making wind the top-producing renewable source of electricity in the country, a position long held by hydro. The EIA’s Electric Power Monthly with Data for December 2019 report […]

Over the past decade, there has been a significant change in the U.S. system of power generation in the lower 48 states. The major factors that resulted in these changes were the discovery of new natural gas