In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams […] The post FERC Proposal Would Cut Reactive Power Compensation, a Potential Hit to Independent Power Producer’s Revenue Mix appeared […]
Clean-Energy Companies Urge Congress to Pass Siting, Permitting, and Transmission Reform
Nearly 200 solar and storage companies sent a letter to congressional leaders on April 17 calling for legislation to improve permitting, project siting, transmission, and public lands access for solar […] The post Clean-Energy Companies Urge Congress to Pass Siting, Permitting, and Transmission Reform appeared first on POWER Magazine.
Group Says Record 117 GW of New Wind Power Generation Installed in 2023
A report from a leading wind power trade association said a record 117 GW of new wind energy generation capacity was installed worldwide last year, a 50% increase from the […] The post Group Says Record 117 GW of New Wind Power Generation Installed in 2023 appeared first on POWER […]
Japan Energy Giant Launches UK-Headquartered Renewable Energy Group
The largest electric power company in Japan announced the spinoff of a new global renewable energy business, and said the venture would be headquartered in London in the UK. JERA, […] The post Japan Energy Giant Launches UK-Headquartered Renewable Energy Group appeared first on POWER Magazine.
A Generational Turnover Could Jeopardize the Nuclear Industry’s Recent Momentum
In the coming decade, the nuclear industry faces the daunting prospect of seeing one in four employees retire. According to the 2022 Global Energy Talent Index, 25% of its current […] The post A Generational Turnover Could Jeopardize the Nuclear Industry’s Recent Momentum appeared first on POWER Magazine.
Navigating Change: Impact of California’s Advanced Clean Fleets Regulation on Businesses
The California Advanced Clean Fleets (ACF) regulation, which began being implemented on Jan. 1, 2024, is designed to complement the Advanced Clean Trucks (ACT) rule, which mandates a significant increase […] The post Navigating Change: Impact of California’s Advanced Clean Fleets Regulation on Businesses appeared first on POWER Magazine.
Mitsubishi Power Supports New Gas-Fired Unit in Hong Kong
Mitsubishi Power, a division of Mitsubishi Heavy Industries (MHI), announced the company has received an order for gas turbine combined cycle (GTCC) power generation system equipment for Lamma Power Station’s […] The post Mitsubishi Power Supports New Gas-Fired Unit in Hong Kong appeared first on POWER Magazine.
Molten Salt Reactor Technology Solves Several Nuclear Industry Problems
Molten salt reactors (MSRs) represent a fascinating intersection of nuclear history and modern innovation. The concept of using molten salts as both a coolant and fuel carrier dates back to […] The post Molten Salt Reactor Technology Solves Several Nuclear Industry Problems appeared first on POWER Magazine.
GE Will Support Major South Korean Coal-to-Gas Conversion
A coal-fired power plant in South Korea will use equipment from GE Vernova’s Gas Power business as the facility switches to burn natural gas as soon as 2027. GE Vernova […] The post GE Will Support Major South Korean Coal-to-Gas Conversion appeared first on POWER Magazine.
Grids Brace for Solar Eclipse, Totality Poised to Test Ramping
Grid operators across the U.S. report they are largely prepared for the total solar eclipse that will pass over a large swath of North America on April 8, though they […] The post Grids Brace for Solar Eclipse, Totality Poised to Test Ramping appeared first on POWER Magazine.