U.S.
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News
Biden Sets New Paris Agreement GHG Target: 50-52% below 2005 levels by 2030
President Biden has set a new nationally determined contribution (NDC) for the U.S. to achieve a 50% to 52% reduction in economy-wide greenhouse gas (GHG) emissions in 2030 compared to 2005 levels. The White House said on Thursday the NDC, which was determined after a “a whole-of-government process” organized through the Biden administration’s National Climate […]
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News
Report Touts Huge Potential of Offshore Wind
Researchers who study the U.S. offshore wind industry have issued a new report that says the sector could potentially meet 90% of the nation’s electricity demand by 2050. The key is for offshore wind to be fully developed along the Atlantic, Pacific, and Gulf coasts, as well as in the Great Lakes, all areas the […]
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Fuel
The POWER Interview: USNC Making Headway on Advanced Nuclear Fuel
In a brief interview this February, Francesco Venneri, Ultra Safe Nuclear Corp. CEO, explained to POWER why the company’s development of its proprietary fully ceramic microencapsulated (FCM) fuel is significant for the future of advanced nuclear, and how the company plans to roll it out. Seattle-based Ultra Safe Nuclear Corp. (USNC), developer of the 5-MWe […]
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Offshore Wind
South Korea Has Plan for $43 Billion Offshore Wind Farm
The South Korean government has announced a major part of the country’s effort to reduce reliance on fossil fuels. President Moon Jae-in on Feb. 5 attended a ceremony in which contracts were signed for a 48.5 trillion won ($43.2 billion) plan to build the world’s largest offshore wind farm by 2030, an installation that would […]
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Coal
Thanks to Asia, Coal Is Still King Worldwide
Despite the U.S. and Europe shuttering coal-fired power plants, coal remains a major fuel in global energy systems. In 2018, global coal demand rebounded and grew by 1.4% due to increased consumption in Asia, where coal consumption increased by 2.5%. This increased consumption was mainly from power generation, which reached an all-time high, increasing 3% […]
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Legal & Regulatory
Solving Issues of Power Deliverability for Offshore Wind Generation
Offshore wind generation could be a game-changer for U.S. generation—tremendous size, scalability, high capacity factors, zero-carbon, zero-cost fuel, and a proven track record in the UK and Europe. The
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News
Canada SMR Initiative Adds New Brunswick Project
Moltex Energy, a privately held nuclear power development company headquartered in the UK with an office in New Brunswick, Canada, has entered into a collaboration agreement with Canadian Nuclear Laboratories (CNL) to support Moltex’s nuclear fuel development program for its Stable Salt Reactor (SSR), among the latest technology advancements for small modular reactors (SMRs). The […]
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News
The POWER Interview: Keeping the Flame for Natural Gas
The crash in global oil prices, though a challenge for cash-strapped drillers and U.S. exploration and production (E&P) companies, may provide an opportunity to move natural gas prices higher. Analysts in recent days have said higher gas prices could come as soon as next winter—some predict prices could more than double from recent lows of […]
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News
Vestas, Siemens Gamesa, GE Top Wind Turbine Growth
An energy and finance research group on Feb. 18 said Siemens Gamesa Renewable Energy’s (SGRE’s) offshore wind installations make it far and away the market leader in that category, while Danish wind turbine manufacturer Vestas continues to lead the onshore and overall wind turbine market. The report published Tuesday from BloombergNEF (BNEF) said Vestas took […]
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News
California Official: Solar’s Future Bright, but Clouds Persist
The technology behind solar power is changing rapidly. Researchers at the University of California, Davis have said so-called “anti-solar” panels could even generate power at night. But even as solar deployments grow worldwide, more innovative solar products are launched, and more governments enact clean energy mandates, political headwinds threaten to slow the progress of the […]