supply chain
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Cybersecurity
Goldman Sachs Stake in Fortress Underscores Supply Chain Cybersecurity Priority
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 […]
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Nuclear
Optimism Is Warranted in the Power Industry in 2022 and Beyond
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
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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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Markets
FERC Regains Full Five Members as Regulatory Fights Loom
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 […]
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Supply Chains
Mixed Reactions on Looming DOE NOPR for Bulk Power System Security
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 […]
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Cybersecurity
Power Sector, Federal Entities Scramble to Close Supply Chain Security Gaps
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 […]
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Nuclear
License Renewals Could Modernize U.S. Nuclear; Supply Base Will Need to Keep Pace
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
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News
COVID-19 May Delay Vogtle Nuclear Expansion
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 […]
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Press Releases
Eka Releases Free COVID-19 Risk Monitoring App
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 […]
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Connected Plant
How to Prepare for NERC CIP-013-1
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