POWER Magazine

Germany-based RWE, among the world's leading companies in development of offshore wind energy, said it will acquire three major projects off the East Anglia coast of the UK from Sweden's [...]The post RWE Buying Offshore Wind Projects from Vattenfall in $1.2 Billion Deal appeared first on POWER Magazine.

The Federal Energy Regulatory Commission (FERC) has unanimously approved the California Independent System Operator's (CAISO's) Day-Ahead Market Enhancements (DAME) and Extended Day-Ahead Market (EDAM) proposal, effectively allowing new market options [...]The post FERC Approves CAISO Day-Ahead Market Enhancements, EDAM Proposals appeared first on POWER Magazine.

Siemens Energy may be poised to become a crucial equipment and consulting partner for Oklo's Aurora powerhouse, a liquid metal-cooled fast nuclear reactor. A memorandum of understanding (MOU) Oklo unveiled [...]The post Siemens Energy Poised to Partner with Oklo on Aurora Nuclear Reactor appeared first on POWER Magazine.

India's largest solar photovoltaic (PV) module maker is moving some of its manufacturing to the U.S. Mumbai-based Waaree Energies on Dec. 21 said it would build its first U.S.-based facility [...]The post India's Largest Solar PV Manufacturer Planning U.S. Factory appeared first on POWER Magazine.

The U.S. is facing energy and climate challenges on multiple fronts. Rising energy costs, extreme weather events, and a transition away from fossil fuels have placed increasing pressure on governmentsand [...]The post Rooftop Solar Important Piece of Fight Against Climate Change appeared first on POWER Magazine.

In the face of escalating climate concerns, the U.S. is grappling with the dual challenges of advancing clean energy initiatives and establishing effective organic waste management strategies. A year since [...]The post Streamlining Clean Energy Approvals and Organic Waste Legislation for a Sustainable Future appeared first on POWER Magazine.

The seven European countries that make up the Pentalateral Energy Forum-Austria, Belgium, France, Germany, Luxembourg, the Netherlands, and Switzerland-will strive for the decarbonization of their interconnected electricity system by 2035. [...]The post Seven European Countries Set Ambitious But Necessary' Target to Decarbonize Power System by 2035 appeared first on POWER Magazine.

Life cycle analysis or assessments (LCAs) are a quintessential tool for power and utility industry professionals and tradespeople. They determine the environmental and financial value of new technologies. Consumer products [...]The post Shining Light on Life Cycle Analysis for Renewable Energy Systems appeared first on POWER Magazine.

An iconic coal refuse power plant in West Virginia that burns gob-basically dirt-and pond fines as part of a complex environmental solution to address coal waste is stepping up efforts [...]The post A Coal Refuse Power Plant Is Pioneering an AI-Driven Overhaul appeared first on POWER Magazine.

Work continues on what would be the largest hydropower project in Angola, a $5.2 billion run-of-river power station that Angolan officials have said could come online as early as 2026. [...]The post Major Hydropower Project Moves Forward in Angola appeared first on POWER Magazine.

With the transition to electric vehicles, utilities are becoming the new gasoline wholesalers" as they provide critical fuel for transportation. Understanding their complex energy rate structures could make or break [...]The post The Demand Charge Dilemma at EV Charging Stations appeared first on POWER Magazine.

Construction of what would be the largest solar array in Kentucky is underway. National Grid Renewables on Dec. 14 said the company's 160-MW Unbridled project, located in Webster and Henderson [...]The post Construction Underway on Kentucky's Largest Solar Farm appeared first on POWER Magazine.

Growth in the solar power sector is being driven not only by ever-larger utility-scale farms, but also by growth in distributed generation. This smaller-scale use of solar energy is being [...]The post The POWER Interview: Innovation, Data-Driven Solar Solutions Key to Grid Stability appeared first on POWER Magazine.

The U.S. energy sector has a bullseye on its back. Whether it's nation-state hackers or domestic terrorists, the level of malicious activity directed against the sector has reached an all-time [...]The post Powering Through Requires Securing the Grid appeared first on POWER Magazine.

Following a difficult period for the renewable energy industry, firms must begin prioritising foreign exchange (FX) risk management against the rising threat of currency movements. It has been a tough [...]The post How Renewable Energy Companies Can Address Increasing Foreign Exchange Challenges appeared first on POWER Magazine.

California's Diablo Canyon nuclear plant can continue operating at least through much of 2030 after state energy regulators on Dec. 14 voted to keep the facility open an additional five [...]The post California Regulators Vote to Keep Diablo Canyon Nuclear Plant Open Another Five Years appeared first on POWER Magazine.

The energy transition is an increasingly important trend, not just for power generation but also for communities across the U.S. As regions that have been dependent on hydrocarbons begin to [...]The post Community Solar Drives Energy Transition in Longtime Fossil-Fuel Region appeared first on POWER Magazine.

Negotiators from nearly every country in the world closed COP28 with a decision that-for the first time-formally recognizes the necessity of moving away from fossil fuels to achieve Paris Agreement [...]The post COP28 Concludes with Landmark Decision to Shift Away from Fossil Fuels appeared first on POWER Magazine.

According to a guidebook issued by Sandia National Laboratories, a U.S. Department of Energy (DOE) multi-mission laboratory, microgrids are defined as a group of interconnected loads and distributed energy resources [...]The post Microgrids a Win for Both Owners and Grid Operators appeared first on POWER Magazine.

The Nuclear Regulatory Commission (NRC) has approved a construction permit for Kairos Power's 35-MWth Hermes molten salt non-power" demonstration reactor, which the firm has proposed to build at theEast Tennessee [...]The post Kairos' Hermes Secures First NRC Green Light for Advanced Nuclear Non-LWR Reactor appeared first on POWER Magazine.

GE Vernova said the company's turbines will play a major role in supporting renewable energy in Spain through a collaboration with Forestalia, one of that country's leading clean energy developers. [...]The post GE Vernova, Forestalia Reach Deal for Wind Farms in Spain appeared first on POWER Magazine.

South African officials, faced with continued power outages that are hurting the country's economy, are turning to nuclear power in an effort to support a more reliable supply of electricity. [...]The post South Africa Looking at Nuclear Power to Solve Load-Shedding Crisis appeared first on POWER Magazine.

A Massachusetts-based group developing an energy storage system to support renewable energy resources is moving forward with plans for a prototype facility outside Boston. Fourth Power on Dec. 12 said [...]The post Bill Gates-Backed Group Supporting New Energy Storage Technology appeared first on POWER Magazine.

Spurred by the need to modernize and adapt, utilities are undergoing the same type of widespread digital transformation that other legacy industries have endured, except the power grid presents distinct [...]The post Powering Through: Utilities Prioritize Security, Innovation, and Collaboration During Critical Substation Upgrades appeared first on POWER Magazine.

In an era defined by environmental consciousness and a pressing need to reduce our carbon emissions, renewable energy has emerged as the shining beacon of hope for a sustainable future. [...]The post Advanced Energy Storage: Linchpin for a Renewable Energy Future appeared first on POWER Magazine.

An estimated 90% of software products used to manage the U.S. power grid contains code contributions" from Russian or Chinese developers. The finding from cyber risk management solution firm Fortress [...]The post Report: Power Sector Supply Chain Dependent on Adversaries appeared first on POWER Magazine.

China National Nuclear Corp. (CNNC) announced on Dec. 6 that China's independently developed high-temperature gas-cooled modular pebble bed (HTR-PM) reactor demonstrator had commenced commercial operation. The HTR-PM project was constructed [...]The post Impressive Milestones Achieved on Chinese Advanced Nuclear Power Projects appeared first on POWER Magazine.

A new report from the Solar Energy Industries Association (SEIA) and the Wood Mackenzie research group said the U.S. solar sector is expected to add a record 33 GW of [...]The post Report: U.S. Adds 33 GW of New Solar Capacity in 2023 appeared first on POWER Magazine.

More and more businesses are looking to use renewable energy as they set decarbonization goals, with public companies often pushed by shareholders to adopt environmental, social, and governance (ESG) initiatives. [...]The post The POWER Interview: Tech-Enabled Financing Supports Solar Sector appeared first on POWER Magazine.

There's growing global recognition that a net-zero world is inevitable, with ever-increasing investments in clean technologies and strong consumer support for sustainably-minded companies. As the transition to a carbon-free future [...]The post Energy Efficiency Is Demand-Side Solution Needed to Protect the Grid and Save Businesses Money appeared first on POWER Magazine.

U.S. climate envoy John Kerry said the U.S. is ready to work with other governments on research and development of nuclear fusion, as part of efforts to produce more carbon-free [...]The post U.S. Set to Lead Global Research for Nuclear Fusion appeared first on POWER Magazine.

Investments in renewable energy resources across the U.S. continue to grow, supported by increased federal funding, legislation that improves project economics, and growing demand for cleaner energy. Deloitte, which provides [...]The post Deloitte Report Highlights Growth in Renewables, Challenges for 2024 appeared first on POWER Magazine.

The U.S. and 21 other countries have said they want to triple the global generation capacity of nuclear power by mid-century. The pledge, announced Dec. 2 at the United Nations' [...]The post 22 Countries, Including U.S., Pledge to Triple Nuclear Power Capacity appeared first on POWER Magazine.

Colorado-based cooperative Tri-State Generation and Transmission Association will accelerate the closure of a coal-fired unit in the northwestern part of the state, and also announced a retirement date for an [...]The post Tri-State Closing Arizona, Colorado Coal Plants Early, Investing in More Renewables appeared first on POWER Magazine.

The need for flexibility, sustainability, reliability, and resiliency in the electricity sector is bringing varied technologies together in the power generation mix. Hybrid power plants are increasingly partThe post Energy Storage, VPPs Accelerate Growth in Hybrid Power appeared first on POWER Magazine.

The use of distributed solar photovoltaic (PV) systems is growing as more homeowners and businesses take control of their energy needs and look for ways to make their electricity supply [...]The post The POWER Interview: New Solar Technology Increasing Efficiency, Power Density appeared first on POWER Magazine.

Despite its ongoing war with Russia, Ukraine in early November gave state nuclear operator Energoatom the green light to operate Unit 1 of the South Ukraine Nuclear Power Plant for 10 more years. The approvalThe post Nuclear's Glimmer Ushers in Spate of Lifetime Extensions appeared first on POWER Magazine.

Have you noticed more electric vehicles (EVs) driving around your neighborhood? According to Kelley Blue Book's Electric Vehicle Sales Report Q3 2023," EV sales volume in the U.S. set a new record inThe post How Power Companies Can Ride the EV Wave for New Revenue appeared first on POWER Magazine.

Upgraded equipment, new software, and innovations to serve both residential, and commercial and industrial customers are changing the solar power industry. Decentralized power generation continues to growThe post Technology Advancements Support Distributed Solar Generation appeared first on POWER Magazine.

Despite a dismal outlook for coal, countries with substantial coal fleets are intensifying efforts to develop new technologies and operational capabilities to improve coal power's environmental impactThe post What's New in Coal Power Innovation? appeared first on POWER Magazine.

Power companies need precise weather forecasts for a variety of reasons. Several companies specialize in providing the type of weather information utilities need to accurately predict resource availability andThe post The Importance of Accurate Weather Prediction for Power Operations appeared first on POWER Magazine.

Indonesian officials said they would increase their use of renewable energy and move away from coal-fired power generation in order to receive funding from an international public and private decarbonizationThe post Indonesia Outlines Plans for Coal Power, Renewables appeared first on POWER Magazine.

The World Bank on Oct. 25 granted South Africa a $1 billion developmental policy loan (DPL) as a significant measure to help the country address its debilitating energy crisis, and encourage it to transitionThe post World Bank Approves $1B Loan to Advance South Africa's Power Sector Reforms appeared first on POWER Magazine.

In July 2014, the Department of Homeland Security mandated that utilities meet requirements and measures outlined in the North American Electric Reliability Corporation's (NERC's) critical infrastructure protection (CIP) standards. These [...]The post Next-Generation Ballistic Protection Ensures Long-Term Utility Security appeared first on POWER Magazine.

There are a few great reasons that utilities and the energy industry, in general, are looking for the next big thing. Whether that's in distributed energy generation or demand flexibility [...]The post Virtual Power Plants: The Next Operational Model for Electricity Generation appeared first on POWER Magazine.

Soon after Russia invaded Ukraine in February 2022, Russian government-affiliated hackers orchestrated cyberattacks that targeted Ukraine's electrical grid and energy infrastructure. In early March of last year, one cyberattack successfully [...]The post Bolstering Power Grid Cybersecurity in an Era of Hybrid Threats appeared first on POWER Magazine.

Kenya Set to Expand Hydropower Project. Kenya Electricity Generating Co. (KenGen) said it received approval from government officials to move forward with the Gogo hydropower redevelopment project. The GogoThe post POWER Digest [December 2023] appeared first on POWER Magazine.

New climate legislation in California, known as the Climate Corporate Data Accountability Act (SB 253), was signed by Gov. Gavin Newsom on Oct. 7. The law-the first of its kind in the U.S.-requires theThe post California Climate Bill Targets Business, Utility Emissions appeared first on POWER Magazine.

A growing number of companies across the telecom, utilities, renewable energy, and other industries are discovering the value that deployment operations management systems can bring to operations andThe post How Emerging Cloud Software Supports Renewable Energy O&M appeared first on POWER Magazine.

Solar photovoltaic (PV) installations designed to support agriculture across the European Union (EU) received a boost in late October. BayWa r.e., a major Germany-based renewable energy developer, announced itThe post BayWa r.e. Supporting Solar Power for Agriculture Projects appeared first on POWER Magazine.