POWER Magazine

Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia-headquartered utility in an [...]The post Dominion Sells 50% Stake in $10B Offshore Wind Project appeared first on POWER Magazine.

Tech giant Microsoft announced an initial investment of $1 billion to support three new data centers in Licking County, Ohio. The company on Oct. 28 confirmed construction of campuses in [...]The post Microsoft Announces $1 Billion Investment in Ohio Data Centers as Officials Ponder Power Demands appeared first on POWER Magazine.

A Virginia-based energy company plans to build a natural gas-fired power plant along with multiple data centers on some 2,200 acres in that state, according to documents filed with local [...]The post Group Files Plans for Massive Gas-Fired Plant, Data Center Complex in Virginia appeared first on POWER Magazine.

A fusion energy company that counts executives such as Eric Schmidt and Bill Gates among its backers has emerged from stealth, announcing $900 million in pledged funding. Pacific Fusion, whose [...]The post Bill Gates' Energy Group, Former Google CEO Investing in Pacific Fusion Startup appeared first on POWER Magazine.

As global efforts intensify to mitigate climate change, carbon capture has emerged as a vital technology to curb greenhouse gas emissions. Power generation, a major source of global carbon dioxide [...]The post Advancing Carbon Capture: Supreme Court Ruling and Innovative Solutions for Reducing Emissions appeared first on POWER Magazine.

With the global population expected to reach approximately nine to 10 billion by 2050, and one billion people still without energy access, our energy requirements are not only growing but [...]The post Finding Equilibrium Between Growth and Decarbonization appeared first on POWER Magazine.

Cuba is in the throes of a severe energy crisis, driven by fuel supply disruptions and compounded by obstacles in securing vital technologies and supplies needed to modernize and operate [...]The post A Breakdown of Cuba's Grid Collapse and Recovery Efforts appeared first on POWER Magazine.

China state-owned utility Guangdong Energy Group has started commercial operation of the Dongguan Ningzhou combined-cycle facility in Guangdong Province, China. GE Vernova, which supplied three 9HA.02 gas turbines for the [...]The post China Brings 2.4-GW Gas-Fired Power Plant Online appeared first on POWER Magazine.

A California-based technology group has joined a global independent investment firm in an equity partnership that supports lease and power purchase agreements in the residential renewable energy sector. GoodLeap, headquartered [...]The post Equity Partnership Acquiring $1.5 Billion of Residential Solar, Storage Products appeared first on POWER Magazine.

American Electric Power (AEP) subsidiary AEP Ohio filed a settlement agreement with the Public Utilities Commission of Ohio (PUCO) and key stakeholders on Oct. 23 to address the costs of [...]The post AEP Ohio Proposes New Utility Tariff for Data Centers to Offset Infrastructure Costs appeared first on POWER Magazine.

An initiative aimed at connecting more of Africa's population to the continent's power grids will use GE Vernova's GridOS orchestration software. A newly completed Information and Coordination Centre (ICC) in [...]The post New Command Center Supporting African Power Grid Will Use GE Vernova Software appeared first on POWER Magazine.

Simple cycle gas turbines provide efficiency levels of around 35% to 40%. Combined cycle units boost efficiency to 60% and beyond. But another option is emerging that combines the attributes [...]The post Simple Cycle, Combined Cycle, or a Hybrid Approach? appeared first on POWER Magazine.

Microreactors are a class of very small modular reactors targeted for non-conventional nuclear markets. The U.S. Department of Energy (DOE) supports a variety of advanced reactor designs, including gas, liquid-metal, [...]The post What Are Microreactors and How Soon Could We See One in Operation appeared first on POWER Magazine.

A company backed by Japan's SoftBank Group and Ares Climate Infrastructure said three solar power of its projects are now online in Texas. SB Energy, a renewable energy group focused [...]The post Major Texas Solar Project Will Power Google's Data Centers, Cloud Operations appeared first on POWER Magazine.

A report from a group that looks at economic conditions in the Appalachia region of the U.S. says a hydrogen hub proposed for the area already faces significant challenges. The [...]The post Concerns About Appalachian Hydrogen Hub as Companies Drop Out; New Participants Sought appeared first on POWER Magazine.

The Bureau of Land Management (BLM) has given the go-ahead for a major geothermal energy project in Utah. The agency announced final approval for Fervo Energy's Cape Geothermal Power Project [...]The post BLM Approves Major 2-GW Geothermal Project in Utah appeared first on POWER Magazine.

The European Commission, the executive arm of the European Union (EU), has said countries across the continent should be encouraged to deploy energy storage. The group has said storage will [...]The post The POWER Interview: Energy Storage Supports Europe's Decarbonization appeared first on POWER Magazine.

The U.S. Department of Energy (DOE) has awarded contracts with a total potential value of $8 million to four nuclear fuel companies to further U.S. enrichment capabilities for high-assay, low-enriched [...]The post DOE Selects Four Companies to Boost U.S. HALEU Enrichment for Advanced Nuclear appeared first on POWER Magazine.

Energy and utilities companies are grappling with unprecedented challenges. With the cost of electricity surging by 28.5% in just five years, the average American now spends nearly $300 a month [...]The post Digital Transformation: Fueling Solutions for Today's Energy and Utilities' Challenges appeared first on POWER Magazine.

A $900 million funding opportunity released by the Department of Energy (DOE) on Oct. 16 seeks to spur first mover" teams that could deploy the first two Gen III+ light [...]The post DOE Releases $900M to Spur Gen III+ Nuclear SMR Deployment, Targets Two First Mover' Projects appeared first on POWER Magazine.

The power generation sector is looking at numerous ways to provide enough electricity to satisfy demand from data centers. Bloomberg Intelligence recently said its research shows data centers, buildings filled [...]The post Power Demand from Data Centers Keeping Coal-Fired Plants Online appeared first on POWER Magazine.

Japan's Sumitomo Corp and Perennial Power Holdings Inc., a subsidiary of Sumitomo Corp. of Americas, have set up a joint venture with Virginia-based CEP Solar LLC to deliver renewable energy [...]The post Sumitomo, CEP Solar Form JV for Renewable Energy in Virginia appeared first on POWER Magazine.

The Bonneville Power Administration (BPA) has identified 13 new transmission substation and line projects designed to reinforce the Pacific Northwest's electric grid. If constructed, these projects would accommodate regional load [...]The post $3B in Transmission Substation and Line Projects Proposed in Pacific Northwest appeared first on POWER Magazine.

In yet another major set of deals spearheaded by a tech giant in support of nuclear power development, Amazon will back the deployment of 5 GW of new X-energy small [...]The post Amazon Backs Massive Nuclear SMR Deployment: 5 GW with X-Energy, Agreements With Energy Northwest, Dominion appeared first on POWER Magazine.

Micro-modular nuclear plant developer Last Energy has unveiled plans to deploy four 20-MWe pressurized water reactor (PWR) power plants at the site of a former coal-fired power plant in South [...]The post Last Energy to Repurpose Welsh Coal Plant Site with 80-MW Micro-Nuclear Fleet appeared first on POWER Magazine.

In a deal that marks the first corporate agreement to deploy multiple small modular reactors (SMRs) in the U.S., Kairos Power and Google have signed a Master Plant Development Agreement [...]The post Google Bets Big on Nuclear: Inks Deal with Kairos Power for 500-MW SMR Fleet to Power Data Centers appeared first on POWER Magazine.

Chinese state-owned manufacturer Dongfang Electric announced the company has completed production of a 26-MW offshore wind turbine, continuing a trend of ever-more-powerful turbines from that country. The turbine's nacelle, shown [...]The post Offshore Wind Milestone: China's Dongfang Unveils 26-MW Turbine appeared first on POWER Magazine.

The European Industrial Alliance on Small Modular Reactors (SMRs)has identified nine SMR projects it will support as its first batch of project working groups (PWGs). The effort marks a significant [...]The post Europe's SMR Alliance Endorses Nine Nuclear Projects in Push for 2030s Deployment appeared first on POWER Magazine.

President Biden signed the Inflation Reduction Act (IRA) into law in 2022. The IRA is the largest public investments in renewable energy in American history and created more than 20 [...]The post How the Presidential Election Could Impact Renewable Energy Tax Credits appeared first on POWER Magazine.

What happens when you suffer a catastrophic injury at work and can't continue in your career? Workers compensation begins. Those payments last until you reach the maximum medical improvement point. [...]The post The Other Side of Safety-Litigation and the Expert Witness appeared first on POWER Magazine.

The U.S. electric grid is under more strain than ever to support exponential electricity demand due to artificial intelligence (AI), data centers, electric vehicles, and hotter temperatures. Its infrastructure is [...]The post 3 Steps for Utility Companies to Get Started with Undergrounding appeared first on POWER Magazine.

A startup company whose investors include Breakthrough Energy Ventures, the group led by Microsoft founder Bill Gates, said it has received about $14 million in new funding in support of [...]The post Bill Gates-Backed Group Secures Funding for New Wind Energy Project appeared first on POWER Magazine.

UPDATED (Oct. 11): The National Oceanic and Atmospheric Administration (NOAA) has upgraded its G4-level severe" geomagnetic storm watch to a G3-level strong" geomagnetic storm warning after an anticipated coronal mass [...]The post Severe Solar Storm Threatens Power Grid Amid Hurricane Helene, Milton Recovery appeared first on POWER Magazine.

A Chinese company has installed what it calls the world's largest onshore wind turbine. Sany Group, a multinational firm known for its manufacturing of heavy equipment, on October 9 announced [...]The post World's Largest': Chinese Company Installs 15-MW Onshore Wind Turbine appeared first on POWER Magazine.

In a significant breakthrough for the development of supercritical carbon dioxide (sCO2) power cycles, the 10-MWe Supercritical Transformational Electric Power (STEP) Demo pilot plant in San Antonio, Texas, has wrapped [...]The post Breakthrough for sCO2 Power Cycle as STEP Demo Completes Phase 1 of 10-MW Project appeared first on POWER Magazine.

Mitsubishi Power announced completion of a 5.3-GW natural gas-fired power plant project in Thailand, with the multi-phase installation now fully in commercial operation. The two combined-cycle power plants in Chonburi [...]The post Mitsubishi Brings Final Unit of 5.3-GW Gas-Fired Thailand Project Online appeared first on POWER Magazine.

The U.S. Dept. of Energy (DOE) announced six companies have successfully bid to provide deconversion services for high-assay low-enriched uranium (HALEU) fuel to support advanced nuclear reactors. The DOE on [...]The post DOE Picks Six Companies to Provide HALEU Fuel Services for Advanced Reactors appeared first on POWER Magazine.

The Nanko Power Plant in Osaka, Japan, will be upgraded with new gas turbines from GE Vernova. The 1,800-MW station, which was commissioned in late 1990, is replacing three boilers [...]The post GE Vernova Turbines Part of Upgrade at Japan Gas-Fired Power Plant appeared first on POWER Magazine.

In late 2023, the U.S. Department of Energy (DOE) announced a $7 billion initiative to establish seven Regional Clean Hydrogen Hubs, aiming to scale the use of cost-effective clean hydrogen. [...]The post Hydrogen Attracts Significant Investments to Support a Decarbonized Energy Economy appeared first on POWER Magazine.

Energy analysts have said the increasing need for reliable baseload power generation means natural gas-fired power plants will become even more important as demand for electricity increases. Several experts who [...]The post Experts Say Gas-Fired Power Key to Reliable U.S. Electricity Supply appeared first on POWER Magazine.

Voters in Kazakhstan reportedly have approved a plan that would bring the country its first nuclear power plant. Election officials said 70% of voters in a referendum held October 6 [...]The post Kazakhstan Voters Show Support for Country's First Nuclear Power Plant appeared first on POWER Magazine.

German multinational energy company RWE is joining with France's TotalEnergies to jointly develop two large-scale offshore wind projects off the German coast. The companies on October 7 announced that TotalEnergies [...]The post RWE, TotalEnergies Developing 4 GW of Offshore Wind for Germany appeared first on POWER Magazine.

The U.S. Supreme Court has said that rules requiring power plants burning fossil fuels to reduce emissions of toxic substances can stand, dealing a blow to several Republican-led states and [...]The post Supreme Court Clears Way for Limits on Power Plant Mercury, Methane Emissions appeared first on POWER Magazine.

A U.S. bank that supports technology exports to international groups is committing $98 million toward development of a small modular reactor (SMR) project in Romania. The board of directors of [...]The post U.S. Bank Commits $98 Million Toward NuScale SMR Project in Romania appeared first on POWER Magazine.

The Department of Energy (DOE) has awarded capacity contracts of up to $1.5 billion tofour major transmission lines under its Transmission Facilitation Program (TFP) to aid the transfer of 7.1 [...]The post $1.5B Federal Boost for Four Major Transmission Projects as DOE Unveils National Grid Study appeared first on POWER Magazine.

The artificial intelligence (AI) revolution is transforming our world, but it comes with an insatiable surge in data centers that are powered by an ever-growing appetite for energy. As AI [...]The post From Rust to AI: How America's Industrial Heartland Is Powering the Digital Revolution appeared first on POWER Magazine.

California-based Clearway Energy Group said it has closed financing and started construction of standalone solar and energy storage projects in Hopkins County, Texas. The company on October 2 said the [...]The post Clearway Starts Construction on Texas Solar and Storage Projects appeared first on POWER Magazine.

Electric cooperatives across the Southeast describe Hurricane Helene's devastation as vast and unprecedented, warning that restoring some crucial infrastructure serving the not-for-profit entities' customers will take a long and arduous [...]The post Helene's Historic Devastation Spurs Largest-Ever Mutual Aid Response, Signals Power Sector Reckoning appeared first on POWER Magazine.

The Department of Energy (DOE) unveiled plans on Sept. 27 to inject $1.3 billion into its portfolio of federally funded carbon capture demonstration and large-scale pilot programs by the end [...]The post Billions in Federal Funding Earmarked for Power Plant CCS Projects: Here's a Snapshot appeared first on POWER Magazine.

Project Tundra, a demonstration project that seeks to capture an average of 4 million tons of carbon dioxide from flue gas from two lignite-fired units at the 705-MW Milton R. [...]The post Lignite Coal Power CCS Project in North Dakota Gets First Tranche of $350M Federal Funding appeared first on POWER Magazine.