supply chain
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Connected Plant
Inventory Management Systems: How Automation Can Save Time and Reduce Costs for Power Companies
Inventory management can provide significant operational benefits for power companies. From forecasting, fueled by real-time data, to automated replenishment and supply chain continuity, digital solutions are
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Commentary
The Lithium Shortage Is Real—but There Is Room for Optimism
COMMENTARY In the 1950s, a geologist named Marion King Hubbert caused quite a stir when he predicted that the U.S. would reach peak oil production in less than 20 years. Fossil fuels are a finite resource, after all, and Hubert reasoned that oil production in the U.S. would begin to decline around 1970. While parts […]
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Commentary
The Path to EV Supply Chain Independence in the U.S.
Electric vehicles (EVs) are in the spotlight and every industrialized country is looking for a piece of the pie. We’re at a pivotal moment in the transition to more sustainable forms of energy and transportation, and the United States is clambering to lead the pack. There’s a problem, however, that promises to make EV production […]
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O&M
The Challenges and Opportunities Facing Power Companies Today
The power system is changing and electricity suppliers need to adapt or get left behind. Experts weigh in on what leaders should be focusing on and how these items will affect utilities in the future. The
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Distributed Power
Reconsider Distribution Transformer Efficiency Standards, Power Groups Urge DOE
Three major electric power trade groups in a letter on Feb. 15 urged the Department of Energy (DOE) to reconsider proposed energy efficiency conservation standards for distribution transformers, citing “severe and ongoing supply chain challenges that have prolonged and complicated distribution transformer production and availability.” The letter was sent ahead of a public meeting scheduled […]
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Cybersecurity
Cybersecurity: Power Industry–Led Vendor Software Assurance Inventory Launched
Several major power companies have launched a software assurance database that will serve as a software bill of materials (SBOM) repository for the power industry. Part of a long-sought solution to address a critical supply chain cybersecurity risk, the collaborative effort announced on Feb. 8 seeks to help vendors identify and remediate vulnerabilities in software […]
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Trends
Grid Infrastructure and Renewable Energy Projects Thrive, Workforce and Supply Chain Issues Continue in 2023
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
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Supply Chains
Power Sector Seeks Solutions for Supply Chain Issues
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
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Solar
Evolving Extreme Weather Risks Posing Unprecedented Insurance Woes for Renewables
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 […]
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Gas
Thailand Starts Up First of Two Giant 2.7-GW Natural Gas-Fired Combined Cycle Power Plants
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 […]