sustainability

  • Despite South Carolina IRP Rejection, Duke Energy Seeks 80-Year Operation for Oconee Nuclear Units

    Duke Energy has kicked off an effort to renew the operating licenses of all its 11 nuclear reactors for 20 more years, starting with Oconee Nuclear Station, its largest nuclear plant. The utility on June 21 filed an application with the U.S. Nuclear Regulatory Commission (NRC) for a subsequent license renewal (SLR) for the three-unit 2.5-GW […]

  • Sweet Deal—Hershey, Others Have Solar Pacts

    A well-known chocolate maker has announced two new clean energy partnerships as the company continues to increase its sustainability efforts. The Hershey Co. on April 20 said it has power purchase agreements (PPAs) to take electricity from two solar projects, one in North Carolina and another in Texas. Hershey, like many corporate power customers, has […]

  • Oil and Gas Majors Focus on Renewable Energy, Hydrogen, and Carbon Capture

    Although you’d be hard-pressed to find an expert who believes oil and gas companies will abandon exploration and production operations anytime soon, several oil and gas majors are expanding their businesses

  • The Hydropower Industry’s Sustainability Conundrum

    Hydropower makes up the majority of the world’s renewable energy capacity, but it’s not necessarily an environmentally friendly form of power. However, groups are working to improve hydropower technology

  • Safety and Digitalization Big Parts of Sustainability

    Company leaders around the globe are more focused than ever on sustainability. The trend has been driven not only by an innate human desire to “do the right thing,” but also because investors and environmentally conscious consumers are demanding that companies evaluate how their operations are affecting the world and make positive changes to reduce […]

  • Sustainable Building at Heart of Collaborative Project

    The South Landing project in Spokane, Washington, has been called “the five smartest city blocks in the world.” The development is said to feature “the most sustainable large building in North America.” Known as the Catalyst Building, it is intended to anchor a planned “innovation hub.” The five-story, 150,000-square-foot building features two wings around a […]

  • Eaton launches first-of-its-kind capacitor recycling program as part of effort to drive a more circular economy

    GREENWOOD, S.C. (Sept. 1, 2020) — Power management company Eaton today announced it has launched a new recycling program based out of its Emerald Road facility in Greenwood, South Carolina, that allows customers to responsibly dispose of aged, obsolete or damaged power capacitor units. The program includes onsite material pickup and supports any unit, regardless […]

  • The POWER Interview: Microgrids Open New Business Models

    Microgrids offer an “all of the above” approach to distributed generation, incorporating a variety of technologies into their design. As microgrids continue to evolve, incorporating renewable power resources, fuel cells, battery energy storage, diesel and gas generator sets, microturbines, and other technologies, they also provide the opportunity to expand the business models for power producers. […]

  • New Duke Energy reports show progress toward ambitious climate and sustainability goals

    CHARLOTTE, N.C. (April 28, 2020) – Duke Energy (NYSE: DUK) today released a pair of data-driven reports outlining the company’s recent accomplishments and path to advance its critical environmental, social and governance (ESG) initiatives. The company’s Sustainability Report details the company’s performance in four key areas – customers, growth, operations and employees. The report also is available […]

  • EU Finalizes ‘Green Deal’ for Clean Energy Investment

    The European Union (EU) on Dec. 16 announced an agreement among its member states on rules involving the financing of green energy projects. Lawmakers approved a list of technologies and activities that can be classified as green, after disagreement about whether nuclear energy and natural gas should be included. The so-called “Green Deal” is a […]

  • The POWER Interview: How Industry 4.0 Will Improve Sustainability

    As the world continues to face climate uncertainties, industrial companies are looking for ways to ensure they are as sustainable as possible while maintaining profitability. POWER’s recent Distributed Energy Conference included a session on sustainability from the viewpoint of utilities and others in the power generation industry. Many companies are working toward the goal of […]

  • Deloitte Survey: Businesses Back Sustainability, Decarbonization

    Utilities need to adapt as businesses continue to focus on sustainability, looking for cleaner energy sources and viewing such measures as an opportunity to create value, according to a Deloitte study released June 11. What’s less-focused is residential consumers willingness to adopt sustainability improvements, with cost and convenience playing a large role in their choices, […]

  • As More Power Companies Announce Decarbonization Initiatives, EEI Makes Sustainability Reporting Easier

    A spate of major power companies—including American Electric Power (AEP) and Southern Co.—have acquiesced to investor pressure and announced drastic cuts to their generating fleet carbon emissions over the long term. Industry group Edison Electric Institute (EEI) this week launched an official industry-designed template to help its member utilities better inform investors about their environmental, […]

  • Sustainable from the Start: Tech Company a Model of Efficient Power Management

    OWC is known in the tech field for its computer hardware. It’s also known for its on-campus power generation, which sets it apart from others in the high-tech field, showcasing a commitment embraced by the

  • Fuel Guidelines, Fuel Consumption, and Climate Change

    See if you can fill in the blanks: “A debate has been created after a paper was published in the BLANK Journal, suggesting the new BLANK Guidelines… are biased and based on an incomplete survey of current studies.” That quote from Digital Journal, referring to the British Medical Journal and the U.S. Dietary Guidelines, could […]

  • Reimagine Capital Projects: Achieving Excellence with Siemens Digital Lifecycle Management

    Sponsored by:
    Siemens Digital Industries Software

    Capital projects in the energy and utilities sector are often plagued by persistent challenges: staggering cost overruns, debilitating delays, and complex data silos that hinder progress. Traditional approaches simply aren’t keeping pace with today’s demands for efficiency and sustainability. Ready to break free from these limitations? This essential ebook, “Power Transformation Across Capital Projects,” introduces […]