POWER Magazine

The Biden administration announced a goal of installing as much as 15 GW of floating offshore wind energy capacity by 2035, and said it plans to auction off leases to support project development by the end of this year. The Sept. 15 announcement touted both the potential of offshore wind and its impact on reducing […]The post Biden Administration Throws Support Behind Floating Offshore Wind appeared first on POWER Magazine.

A Texas-based company involved with data analytics for the energy industry is acquiring a Spanish group as part of a continuing effort to expand its offerings in the power generation sector. Enverus, formerly known as DrillingInfo and a longtime player in the oil and gas industry, on Sept. 14 said it is acquiring RatedPower, a […]The post Enverus Expands Renewables Arm, Acquires Spanish Solar Power Group appeared first on POWER Magazine.

A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward renewable energy and away from fossil fuels is too expensive to pursue. The study, released Sept. 13 and published in the journal Joule, reports that decarbonizing the world’s energy systems would save […]The post Oxford Group: Decarbonizing Energy Would Save $12 Trillion appeared first on POWER Magazine.

NuScale has signed a first task order and a statement of commencement with Polish mining and processing firm KGHM Polska Miedź S.A., kicking off early work for a VOYGR nuclear power plant of up to 924 MWe that the partners could deploy as early as 2029 to support KGHM’s copper and silver production in Poland. […]The post NuScale, Last Energy Make Significant Insteps for SMRs in Poland appeared first on POWER Magazine.

Researchers at Sandia National Laboratories in New Mexico announced they completed a successful test of a new power-generating technology, delivering electricity to the local grid using an energy conversion system that they say could drive a major increase in efficiency for power plants across the U.S. and perhaps the world. The researchers, in a news […]The post Researchers at Sandia Lab Successfully Test New Power Generation Technology appeared first on POWER Magazine.

Michigan’s governor has asked the Department of Energy (DOE) to support Holtec International’s efforts to “save” the 800-MW Palisades nuclear power plant, marking a potential turnaround for the facility in Southwest Michigan, which was taken offline for the final time on May 20, 2022, after 50 years of operation. Michigan Gov. Gretchen Whitmer’s in a […]The post Michigan Governor Urges DOE to Support Palisades Nuclear Plant’s Reopening appeared first on POWER Magazine.

The Department of Energy’s (DOE)’s latest Energy Earthshot will seek to cut the cost of enhanced geothermal systems (EGS) to $45/MWh by 2035, an ambitious goal that would shave current EGS costs by 90%. The DOE’s latest Energy Earthshot—part of a 2021-research, development, and demonstration (RD&D) initiative it launched to accelerate breakthroughs for emerging technologies—will […]The post DOE’s Latest Energy Earthshot Will Tackle Technical, Economic Challenges for Enhanced Geothermal Systems appeared first on POWER Magazine.

Germany plans to keep two of its three last nuclear power plants on standby until mid-2023—beyond their year-end closure deadline—to bolster its energy security through the winter. However, the declaration has prompted confusion within Germany’s nuclear industry, which says nuclear plants aren’t suited to perform as operating reserve. Germany’s Federal Ministry for Economic Affairs and Climate Action […]The post Germany Halts Closure of Two Nuclear Plants Until April 2023 appeared first on POWER Magazine.

New York Gov. Kathy Hochul announced on Sept. 8 that $16.6 million had been awarded to five long-duration energy storage projects in her state. She also said an additional $17 million in competitive funding was available for projects that “advance development and demonstration of scalable innovative long-duration energy storage technologies, including hydrogen.” Meanwhile, Qcells USA […]The post Energy Storage Projects in New York and Texas Get Boost appeared first on POWER Magazine.

The forecast for U.S. solar energy installations in 2022 have been revised downward in a report published by Wood Mackenzie and the Solar Energy Industries Association (SEIA) on Sept. 8, due in large part to supply chain constraints and an industry-wide slowdown caused by the initiation of an anticircumvention investigation earlier this year. The U.S. […]The post Why the Solar Market Is Down and Why It’s Poised for a Comeback appeared first on POWER Magazine.

Two Eastern Generation natural gas power plants in northeastern Illinois have been acquired by Earthrise Energy, an emerging independent power producer and “public benefit corporation” that has now amassed a 1.7-GW natural gas fleet in Illinois. Earthrise on Sept. 6 said it acquired the 328-MW Crete (Figure 1) and 656-MW Lincoln Generating Facility from Eastern […]The post Two Illinois Gas Power Plants Acquired by Public Benefit Corporation Earthrise Energy appeared first on POWER Magazine.

The Biden administration has laid out a comprehensive roadmap to help five energy-intensive manufacturing sectors reduce their fuel- and power-related carbon emissions and achieve net-zero by 2050. The pathways proposed for the iron and steel, cement and concrete, food and beverage, chemical manufacturing, and petroleum refining sectors may have substantial implications for future power demand. […]The post Biden Administration Targets Industrial Decarbonization Through Electrification, Low-Carbon Fuels, CCUS appeared first on POWER Magazine.

California’s grid operator issued a Stage 3 energy emergency alert (EEA) at 5:17 p.m. PST on Sept. 6, warning it would order rotating power outages to lower soaring power demand and stabilize its grid, if necessary. The California Independent System Operator (CAISO) cautiously raised the emergency alert from Stage 2, which it had declared earlier […]The post California Declares Stage 3 Emergency Alert, Warns Rotating Outages Possible appeared first on POWER Magazine.

Billions of dollars are supporting renewable energy development in the U.S. The International Energy Agency has said record amounts of spending on clean energy will increase global energy investment by 8% in 2022. Julie McLaughlin, a managing director with Alvarez & Marsal’s U.S. Energy practice in San Francisco, California, has extensive experience in the energy space, working with […]The post The POWER Interview: Developing Platforms for Renewable Energy appeared first on POWER Magazine.

California’s lawmakers have passed Senate Bill 846, effectively offering Pacific Gas and Electric (PG&E) a pathway to keep the Diablo Canyon nuclear power plant open until at least 2030. The bill, authored by Assemblymember Jordan Cunningham, a Republican from San Luis Obispo, and Democratic state Sen. Bill Dodd of Napa, passed the California Assembly by 69–3 […]The post Diablo Canyon Nuclear Plant Gets Legislative Approval for Operation to 2030 appeared first on POWER Magazine.

In another high-profile leadership shuffle at a major U.S. power generating company, PSEG’s longtime president and CEO Ralph Izzo on Sept. 1 passed leadership of the regulated infrastructure company to Ralph LaRossa, who was previously PSEG’s chief operating officer (COO). Izzo, who will continue to serve as executive chair of the PSEG board until December […]The post Another Major Leadership Shuffle: PSEG Gets New CEO appeared first on POWER Magazine.

General Electric’s (GE’s) H-Class power generation equipment technology will be used at a new natural gas-fired power plant in Louisiana. GE on Sept. 1 said it received an order from Kindle Energy for a 7HA.03 gas turbine to serve the 725-MW Magnolia Power Project that will be built in Plaquemine. The new facility is expected […]The post GE H-Class Turbine Will Power New Louisiana Gas-Fired Plant appeared first on POWER Magazine.

CORE POWER announced that it and its partners, the MIT Energy Initiative and the Idaho National Laboratory, were granted funding by the U.S. Department of Energy’s (DOE’s) Nuclear Energy University Program (NEUP) for a three-year study into the development of offshore floating nuclear power generation in the U.S. “It is an important step forward for […]The post You’ve Heard of Offshore Wind; Now, Offshore Nuclear Is a Thing appeared first on POWER Magazine.

Siemens Gamesa said it has sold its renewable energy assets in southern Europe to SSE Renewables, a division of Scottish multinational energy company SSE. The deal announced Sept. 1 is for a 3.8-GW portfolio of projects, including onshore wind facilities in Spain, Italy, Greece, and France. The agreement also includes potential opportunities for Siemens Gamesa […]The post Siemens Gamesa in Deal with SSE Renewables for European Assets appeared first on POWER Magazine.

Two major U.S. gas power plants will be part of the Department of Energy’s (DOE’s) efforts to develop carbon capture technologies capable of capturing at least 95% of carbon dioxide. The agency’s Office of Fossil Energy and Carbon Management (FECM) on Aug. 26 announced $31 million in funding for 10 projects. While many of the […]The post DOE Backs Carbon Capture Development at Two Major Gas-Fired Power Plants appeared first on POWER Magazine.

The Bighorn Solar farm has been called the future of renewable energy. It’s a project dedicated to providing cleaner power for a major industrial facility, while also investing in the community andThe post Solar Project Forges a Bright Future for Colorado Steel Mill appeared first on POWER Magazine.

When a sinkhole was discovered near the base of the Boone Dam embankment, the Tennessee Valley Authority’s dam safety engineers went to work determining the best fix. The complexity of the work and qualityThe post TVA Successfully Completes a Dam Safety Modification Project for the Ages appeared first on POWER Magazine.

When Swedish company Vattenfall in 2018 set out to combine wind, solar, and battery storage resources at this pioneering energy park in the Netherlands, its foremost focus was to demonstrate a clean energyThe post A Fine Balance: Building One of Europe’s Largest Hybrid Facilities appeared first on POWER Magazine.

The Svartsengi plant in Iceland has operated for decades, and continues to build its legacy as the facility’s electricity generation and hot water support new businesses and provide a remarkable example ofThe post Iceland Geothermal Station Energizes an Entire Economy appeared first on POWER Magazine.

With a capacity of more than 1,050 MW, Western Spirit Wind farm is the largest wind power project ever constructed as a single phase in the Americas. The project, which was completed in roughly a year in spiteThe post Western Spirit Sets the Standard for Large-Scale Wind Power Projects appeared first on POWER Magazine.

A terminal at San Francisco International Airport (SFO) is the world’s first to receive a new and important design recognition from a green building group. Harvey Milk Terminal 1 at SFO is being recognizedThe post Airport Upgrade Highlights History, Energy Efficiency appeared first on POWER Magazine.

Japan's ambitions to install up to 10 GW of offshore wind power by 2030 have made rapid progress over the past month, driven partly by accelerated action to address a supply and demand mismatch. Weeks afterThe post Rapid Progress for Japan’s Offshore Wind Ambitions appeared first on POWER Magazine.

Most power companies have carbon reduction goals. Often, reaching those goals involves transitioning from coal-fired generation to renewable energy such as solar and wind. However, it’s not always practicalThe post How One Fossil Fuel Is Poised for Growth as the World Transitions to Net Zero appeared first on POWER Magazine.

An expert team from the International Atomic Energy Agency (IAEA) has arrived in Kyiv and is readying to inspect Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) for damage from weeks of shelling. The development marks a significant breakthrough for the agency, which has for the past month pleaded with Russia and Ukraine to allow it to […]The post IAEA Embarks on Unprecedented Mission to Inspect Nuclear Power Plant in Ukrainian ‘War Zone’ appeared first on POWER Magazine.

Utilities function in the present but must always plan for the future. That’s even more true today, as the rapid pace of change with power generation technologies, and the transition to cleaner forms of energy, means utilities—whether they deal with electricity, natural gas, water, transportation, or are a municipality that pays attention to all those […]The post The POWER Interview: Modeling Solutions for the Future of Energy appeared first on POWER Magazine.

For the growing U.S. hydrogen industry, the Inflation Reduction Act (IRA) is transformative. Today, nearly all hydrogen is produced from fossil fuels to be used as a chemical feedstock and for refining—emitting carbon dioxide in the process. Recently, thanks to state incentive programs, federal funds, and voluntary corporate commitments, clean hydrogen has been gaining ground […]The post Inflation Reduction Act Programs Could Establish the U.S. as a Market Leader in Hydrogen appeared first on POWER Magazine.

Hungary’s nuclear energy agency has issued a license for construction of two reactors for Paks II, a power generation project first launched in early 2014 as part of an inter-governmental agreement between Hungary and Russia. Officials said Paks II would be the first nuclear plant in the European Union to use Rosatom’s Generation III+ VVER-1200 […]The post Hungary Adding New VVER-1200 Nuclear Reactors in First for EU appeared first on POWER Magazine.

The first geothermal power plant built in more than three decades within the California Independent System Operator (CAISO) balancing authority has come online. Mammoth Pacific Geothermal, an Ormat Co. subsidiary, declared the 30-MW Casa Diablo IV (CD4) commercially operational on July 20. CD4 is located on public land two miles east of the Town of […]The post CAISO’s First Geothermal Plant in 30 Years Comes Online appeared first on POWER Magazine.

Ultra Safe Nuclear Corp. has opened a pilot fuel manufacturing facility that will produce TRi-structural ISOtropic (TRISO) coated fuel particles and the company’s proprietary fuel for use in its high-temperature gas reactor (HTGR). The Pilot Fuel Manufacturing (PFM) facility, located at the East Tennessee Technology Park (ETTP) in Oak Ridge, Tennessee, is one of the […]The post Pilot Advanced Nuclear Fuel Manufacturing Facility Opens appeared first on POWER Magazine.

The U.S. Energy Information Administration (EIA) reported that electricity generated by natural gas–fired power plants in the lower 48 states reached 6.37 TWh on July 21, setting a new record high for a day. In fact, the previous high, set on July 27, 2020, was broken three times during that week in July, first on […]The post U.S.’s Natural Gas-Fired Power Plants Set Daily Production Records in July Despite High Fuel Prices appeared first on POWER Magazine.

Japan’s prime minister said the country is prepared to restart more of its idled nuclear reactors, and look at building more power generation facilities with next-generation nuclear technology. The comments from Prime Minister Fumio Kishida during an Aug. 24 news conference in Tokyo signal a shift in Japan’s thinking about nuclear power after the country […]The post Japan Looks at Ramping Up Nuclear Power to Ensure Energy Supply appeared first on POWER Magazine.

Climate change is continuing to drive temperatures to unprecedented levels. In just a single day in late June, the United States set or broke at least 21 high-temperature records. So, what do we do to cool down? We crank up the air conditioner. But with each surge in energy demand, our aging grid is being […]The post How to Prevent Downtime as the Temperature Heats Up appeared first on POWER Magazine.

While much of the world lives life as usual, DTEK—the largest private investor in Ukraine’s energy sector—is focused on providing reliable service amidst war and uncertainty. “Today, the major topic for us is to provide stability in durations of electricity sector in Ukraine and also do everything possible to prepare for winter season,” DTEK CEO […]The post Operating Energy Systems in a War-Torn Country: DTEK Prepares for Winter appeared first on POWER Magazine.

Hurricanes are one of the most destructive forces in nature. Hurricane season in North America runs from June 1 to November 30, peaking between August and September, and 2022 would be the seventh straight year of above-average hurricane activity, if predictions are correct. A typical Atlantic hurricane season has 14 named storms, seven hurricanes, and […]The post Preparing the Grid for an Above-Average Hurricane Season appeared first on POWER Magazine.

There’s global growth in energy storage. The latest evidence is a report that BlackRock, the New York-based asset manager and a major player in energy sector, is ready to buy Akyasha Energy, an Australian company that specializes in battery storage and renewable energy projects. BlackRock in an Aug. 16 news release said it would commit […]The post The POWER Interview: Fluence Exec Offers Insight on Energy Storage appeared first on POWER Magazine.

There are no boundaries in cyberspace. That fact has accelerated sharing of threat intelligence across the defenders, but it exponentially raises the threat of cyberattacks. This reality is underscored by the war in Ukraine, “the first major conflict involving large-scale cyber operations,” according to the U.S. Cybersecurity and Infrastructure Agency (CISA). A major concern is […]The post Zero Trust: Protecting Critical Infrastructure and Responding to CISA’s ‘Shields Up’ appeared first on POWER Magazine.

As international travel picks up, energy corporations are turning to mobile employees to fulfill their international staffing needs. However, as mobile work gains steam, tax and compliance risks continue to grow as well—unbeknownst to most corporate leaders. Many businesses, unfortunately, are failing to set up an adequate plan to protect against tax violations in the […]The post Common Mobility Tax Mistakes in the Energy Sector and How to Avoid Them appeared first on POWER Magazine.

Germany’s government is weighing how the closure of the country’s last three nuclear power plants in December 2022 will affect its grid this upcoming winter as the country scrambles to secure sufficient energy supplies amid a decline in Russian gas deliveries. A formal decision on whether or not to keep Isar 2, Emsland, and Neckarwestheim […]The post Germany Mulls Postponing Nuclear Exit appeared first on POWER Magazine.

Entergy Corp.’s chairman and CEO Leo P. Denault will retire in 2023, ending a decade-long role as the head of the New Orleans–headquartered power generating giant. Denault will be succeeded by Andrew “Drew” Marsh, Entergy’s current executive vice president and chief financial officer. Denault, 62, was appointed Entergy’s chairman and CEO in 2013, taking over […]The post Another Power Giant’s CEO Is Retiring: Entergy’s Leo Denault appeared first on POWER Magazine.

President Biden’s signing of the Inflation Reduction Act (IRA) should provide further impetus for growth of U.S. renewable energy, coming on the heels of a report from the Federal Energy Regulatory Commission (FERC) that installations of solar and wind power accounted for more than two-thirds of new domestic utility-scale generation in the first six months […]The post Biden Signs Bill to Transform U.S. Energy, Combat Climate Change appeared first on POWER Magazine.

The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction Act (IRA). The bill, which now heads to President Joe Biden for his signature, includes major provisions to combat climate change, including support for a variety of clean energy […]The post Renewable Energy, Electrification Big Winners in Inflation Reduction Act appeared first on POWER Magazine.

California Gov. Gavin Newsom has proposed a plan that would keep the Diablo Canyon nuclear power plant open into 2035, a decade beyond the facility’s current closure date. The proposal, which in part includes giving plant owner Pacific Gas & Electric (PG&E) a forgivable $1.4-billion loan, was included in a draft legislative package sent to […]The post California Governor Has Plan to Keep Diablo Canyon Nuclear Plant Open appeared first on POWER Magazine.

American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]The post AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head appeared first on POWER Magazine.

A Nuclear Energy Institute (NEI) survey suggests U.S. utility members expect to add up to 90 GW of new nuclear generation by the 2050s, including more than 300 new small modular reactors (SMRs) in the U.S. over the next 25 years. The nuclear industry group’s survey, unveiled on July 29, sought to gather input from […]The post U.S. Utility Survey Suggests Industry Mulling Additions of 90 GW of New Nuclear appeared first on POWER Magazine.

Hybrid power plants continue to be deployed across the U.S., with almost 300 such facilities (all with 1 MW or more of generation capacity) operating at the end of last year. An August 2022 report from the Lawrence Berkeley National Laboratory in California, based on research funded by the U.S. Dept. of Energy (DOE) and […]The post Report Notes Continued Growth of Hybrid Power Plants appeared first on POWER Magazine.