Ukraine

The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand for the fuel grows during a period of diminished supply. The Newcastle (Australia) futures price of thermal coal for power generation hit $435/ton on March […]

CEOs of energy companies with projects in Russia are facing career-defining leadership moments. What do you do when your corporate investments nearly overnight become politically, economically and socially untenable to your key stakeholders? Within days of Russia’s unprovoked invasion of Ukraine, BP’s Chief Executive Bernard Looney was quick out of the gate to tell the world […]

Eighteen bipartisan U.S. Senators are backing a bill that would direct the president to declare a national emergency and prohibit imports of Russian energy commodities, including crude oil, petroleum products, liquefied natural gas (LNG), and coal. While the measure does not include Russian uranium, a senior Department of Energy official said addressing U.S. reliance on […]

The venerable business of commodity trading, already in the news for the supply chain impacts of COVID, has moved to center stage with the war in Ukraine. Impacts of Russia’s invasion could ripple to manufacturing of all kinds, especially the clean energy transition we need to meet climate goals. COMMENTARY Within the first week of […]

The International Atomic Energy Agency (IAEA) reported on March 4 that Russian forces had taken control of the Zaporizhzhya Nuclear Power Plant (NPP) site, but that the reactors continued to be operated by the plant’s regular staff and there had been no release of radioactive material. “What we are telling you is confirmed information that […]

In its most recent update on the status of Ukrainian nuclear power plants (NPPs), issued to the International Atomic Energy Agency (IAEA) on March 2, the State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) said it maintained communications with the country’s NPPs and that all units “continued to operate as before.” Of Ukraine’s 15 reactors, more […]

NuScale Power has signed a definitive commercial agreement with mining and processing firm KGHM Polska Miedź S.A. to deploy a VOYGR power plant of up to 924 MWe as early as 2029 to support KGHM’s copper and silver production in Poland. Under an “early works agreement” signed in a ceremony on Feb. 14 in the […]

The electricity transmission and distribution (T&D) grid is under pressure like never before. There are a number of data-driven digital solutions to help shore up the grid that have been getting a lot of

Ukraine is set to host its first Westinghouse AP1000 nuclear reactor at state-owned Energoatom’s 2-GW Khmelnytskyi nuclear power plant in the western part of the country. Under a contract signed on Nov. 22 by Patrick Fragman, president and CEO of Westinghouse, and Petro Kotin, Energoatom’s acting president, the two companies will begin engineering and procurement for […]

Globally the energy transition is addressed through policy frameworks that target energy-related CO2 emissions reductions and power grid digitalization and automation, achieving a more efficient use of our resources. That is, as long as that electrification is based on clean, renewable energies. Renewable energies both help us to solve a planetary problem and introduce new […]