power industry
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Trends
POWER’s Power Industry Market Index: A Relative Health Gauge for the Industry
I think most POWER readers are familiar with financial indexes such as the Dow Jones Industrial Average (DJIA) and the S&P 500. These indices are widely reported on by news outlets and followed by many
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Trends
Factors Affecting the Power Industry in 2025 and Beyond: Trump and Data Centers Among Key Influences
The new year always provides a great opportunity to take a look back to see what POWER got right (or wrong) in our previous industry forecast. More importantly, it gives us a chance to look ahead. Some things
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Trends
Power Shift: Trump’s Energy Agenda Sparks Cautious Optimism, Climate Concerns
Tuesday’s election, which will return Donald Trump to the White House and grant the U.S. Senate a Republican majority, could have sizeable implications for the power industry. In reactions sent to POWER, industry groups expressed a combination of cautious optimism, resilience, and preparedness for potential changes. Industry leaders are bracing for a pro-fossil fuel agenda […]
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Trends
Power and Data Center Sectors Join Forces to Resolve Mounting Electricity Demand Uncertainties
The Electric Power Research Institute (EPRI) has launched an ambitious new initiative alongside power companies, grid operators, and several tech giants to establish five to 10 “flexibility hubs” that will demonstrate how data centers can be leveraged as flexible grid resources starting in the first half of 2025. EPRI’s three-year Data Center Flexible Load Initiative […]
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News and Notes
10 Reasons to Attend a Conference Tailored to Digitalization in the Power Sector
Anticipation is mounting for the Connected Plant Conference (CPC), POWER and Chemical Engineering’s digitalization event, scheduled to take place next week, May 20–22, 2024, near Houston, Texas. If you are a professional in the power industry, here are 10 reasons you should attend the industry event that is uniquely focused deeply on the practical and business-oriented […]
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Legal & Regulatory
DOE Eases Requirements in Final Transformer Efficiency Standards Amid Supply Chain Strain
The U.S. Department of Energy’s (DOE’s) final energy efficiency standards for distribution transformers appear to strike a compromise with industry, softening the agency’s stance on steel requirements for essential transformer components and extending compliance deadlines to five years. The DOE’s final standards issued on April 4 seek to reduce losses in three types of distribution […]
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Legal & Regulatory
Bipartisan Senate Bill Seeks to Rein In DOE Distribution Transformer Efficiency Standards
A bipartisan group of 12 U.S. senators on Jan. 18 introduced a bill that could freeze the Department of Energy’s (DOE’s) implementation of updated energy efficiency standards for distribution transformers. The Distribution Transformer Efficiency and Supply Chain Reliability Act of 2024 (S.3627) would establish new limitations on federal efficiency rules for specific distribution transformers. Several […]
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Trends
U.S. Deploys $3.5B Boost for Grid Resilience: Major Projects Revealed
Fifty-eight projects spearheaded by major U.S. power stakeholders will receive up to $3.5 billion in federal funding to improve grid flexibility and boost power system resiliency against extreme weather and climate change, the Biden administration announced on Oct. 18. The projects mark the Department of Energy’s (DOE’s) first competitive selections under the Grid Resilience and […]
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History
How the ‘Great Resignation’ and Disengagement Are Affecting the Power Industry
The “Great Resignation” is a term used to describe a widespread trend that took shape over the past few years of employees voluntarily changing jobs in large numbers. The phenomenon gained traction during
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Commentary
A Life Worth Living
I think it’s fairly common for people to reflect on the meaning of life from time to time. Often, those thoughts arise following the death of a loved one or the passing of some particularly influential person. Recently, POWER received an obituary for Ronald Stanley Redfield. Mr. Redfield was said to have been a lifelong […]
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