power generation
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Hydrogen
Green Hydrogen: Businesses Should Know the Potential, and the Risks
From the Apollo space missions to the Zeppelin airships, human ingenuity has long dreamed up ways to make the power of hydrogen fly. Now, as the world powers up to reach climate goals in the midst of an energy crisis, the universe’s most abundant element is once again taking up airtime as debate continues over […]
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Interview
The POWER Interview: 3D Printing as a Supply Chain Solution
Issues with the global supply chain have impacted the power generation sector, in much the same way those problems have affected other industries. Sourcing of materials, including spare parts for boilers and turbines, solar panels and other solar-related equipment, and items needed for wind power and other renewable energy sources, has delayed projects worldwide. The […]
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Gas
U.S.’s Natural Gas-Fired Power Plants Set Daily Production Records in July Despite High Fuel Prices
The U.S. Energy Information Administration (EIA) reported that electricity generated by natural gas–fired power plants in the lower 48 states reached 6.37 TWh on July 21, setting a new record high for a day. In fact, the previous high, set on July 27, 2020, was broken three times during that week in July, first on […]
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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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Power
Power Sector Risks Loom Large Over the Energy Transition
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.
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International
Disorderly Transitions: Eight Enduring Global Power Sector Trends
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
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Coal
India’s ‘Unprecedented’ Coal Shortages Paralyzing Power Generation
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 […]
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Interview
The POWER Interview: Attracting the New Utility Workforce
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 […]
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News
Decarbonization, Decentralization Driving Power Industry
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 […]
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Climate change
Report: Decarbonization of World’s 50 Most Influential Power Companies Bleak
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 […]