supply chain

The Inflation Reduction Act will spur growth in clean energy and upgrades to grid infrastructure, but workforce shortages and supply chain constraints are likely to challenge power companies for at least the

The pandemic exposed issues with the global supply chain that provides resources for power generation. The pressure of having enough equipment to meet industry needs has spurred an emphasis on domestic

Unexpectedly steep financial losses suffered by the U.S. renewables market owing to a barrage of extreme weather events over the past summer suggest that project hardening strategies aren’t going far enough, a major renewables insurer is warning. GCube, an international insurer for wind, solar, wave, hydro, and tidal projects around the world in an update […]

Mitsubishi Power has declared complete a 2,650-MW natural gas–fired power plant in Chonburi province, Thailand, delivering its four M701JAC power trains to the plant’s joint owners Gulf Energy Development PCL, one of the largest independent power producers (IPPs) in Thailand, and Tokyo-based conglomerate Mitsui & Co., Ltd. The Gulf SRC (GSRC) power plant, located about 130 […]

Although the 730-page, $740 billion reconciliation bill signed into law by President Biden recently was touted as the “Inflation Reduction Act” ahead of the mid-term elections, the package might have been more accurately dubbed, at least in part, the “Electric Battery Manufacturing Expansion Act.” Whatever effect the combination of taxes, climate change, and other provisions may have […]

Global energy demands continue to rise quickly as living standards increase The current rate of climate change requires us to rapidly decarbonize the energy supply chain. At the same time, global energy demands continue to rise quickly as living standards increase. Register for our webinar to learn how engineering simulation and digital twins will help […]

Lofty goals have been established in the U.S. for the offshore wind industry. The U.S. Department of Energy, Department of the Interior, and Department of Commerce announced a national goal in March 2021 to deploy 30 GW of offshore wind capacity by 2030. That would mark a significant increase from the 42 MW of offshore […]

War rages in Europe. Natural gas prices are through the roof. Drought threatens hydro production. Weather extremes are becoming commonplace. Supply chains are strained. Demand for electricity is headed

The U.S. Dept. of Energy (DOE) for the past few years has talked about the importance of “building a strong solar manufacturing sector and supply chain in America” to support the nation’s economy, and to help “keep pace with rising domestic and global demand for affordable solar energy.” Recent events, including further disruption of global […]

Gaskets and fasteners are vital to plant reliability and efficiency. While basic nuts, bolts, and gaskets haven’t changed much over the years, some of the materials used in them have evolved and designs have

An unprecedented array of risks—ranging from capacity shortfalls, extreme weather, extended drought, supply chain issues, cybersecurity, solar PV tripping, fuel constraints, to wildfires—could imperil the reliability of nearly every North American bulk power system (BPS) region west of the Midcontinent Independent System Operator (MISO) this summer, the North American Electric Reliability Corp. (NERC) warned in […]

It’s hard to imagine a company that hasn’t been affected by supply chain issues over the past couple of years. Even before the COVID-19 pandemic began, a couple of utility executives had suggested POWER

A Goldman Sachs private equity business is taking a stake in critical industry cybersecurity firm Fortress Information Security. The $125 million investment underscores a heightened awareness of supply chain vulnerabilities within the investor community. Fortress, which announced the investment from Goldman Sachs Asset Management Private Equity on April 19, said it also highlights a wider […]

While some sectors of the power industry are struggling to stay relevant, there are many more segments that are thriving. As new technologies are developed and perfected, there is more reason than ever for

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.

The U.S. Senate on Nov. 30 confirmed Federal Energy Regulatory Commission (FERC) nominees Allison Clements and Mark Christie, filling out all five seats at the helm of the federal energy regulator with a bipartisan panel for the first time in nearly two years.  Clements, a Democrat, replaces former Commissioner Cheryl LaFleur for a term that […]

The Department of Energy (DOE) will issue a notice of proposed rule-making (NOPR) to implement President Trump’s broad bulk power system (BPS) security executive order (EO) “later this fall,” a DOE official confirmed to POWER on Oct. 5. Though the NOPR is delayed beyond the 150-day timeframe set by the EO, various BPS stakeholders are […]

Marking another major federal effort to address potential supply chain risks to the bulk power system (BPS), the Federal Energy Regulatory Commission (FERC) on Sept. 17 sought industry’s perspective on a number of important considerations, including possible actions the regulatory body could take to address security gaps. The U.S.-based power sector, meanwhile, has moved quickly […]

Nuclear power plants approaching license expiration are faced with three options: obtain initial license renewal to continue operations (nine U.S. units have not yet received an extension of their initial

Southern Co. in a filing with the Securities and Exchange Commission (SEC) on April 1 said the COVID-19 pandemic “could disrupt or delay construction, testing, supervisory and support activities” at the Plant Vogtle nuclear expansion project in Georgia. The company in the filing said, “It is too early to determine what impact, if any, the […]

New York, March 24, 2020: Eka Software Solutions, the #1 cloud platform for commodity management, announced the release of COVID-19 Risk Monitoring, a free app designed to help customers and prospects quickly gain visibility into supply chain risks to better assess and mitigate risk. The app provides specific insights into the impact of COVID-19 by […]

It’s an exciting era in energy generation. The rapid adoption of IT systems and networked technology has enabled new business models and catalyzed production decentralization. However, with innovation comes

Entities with industrial control systems (ICS) associated with bulk electric system (BES) operations must develop and implement plans that include security controls for supply chain management, the Federal Energy Regulatory Commission (FERC) ordered in a final rule that formally adopts three new critical infrastructure protection (CIP) reliability standards.  FERC on October 18 issued Order No. […]