Why LVOE May Be a Better Decision-Making Tool Than LCOE for Power Companies

Credit to Author: Aaron Larson| Date: Thu, 19 Dec 2024 18:55:01 +0000

Most POWER readers are probably familiar with levelized cost of energy (LCOE) and levelized value of energy (LVOE) as metrics used to help evaluate potential power plant investment options. LCOE […]

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Wartsila-430-MW-Flexicycle

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Advancements in Electrolyzer Technology Could Make Green Hydrogen Viable Sooner Than You Think

Credit to Author: Contributed Content| Date: Wed, 18 Dec 2024 22:19:01 +0000

Historically, the mass production of green hydrogen has not been viewed as a viable alternative energy solution for our climate crisis. But recent technological advancements in proton exchange membrane (PEM) […]

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Green Hydrogen_shutterstock_Alexander Kirch

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Virginia Officials Say State Will Be Home to World’s First Fusion Power Plant

Credit to Author: Darrell Proctor| Date: Wed, 18 Dec 2024 19:50:26 +0000

Virginia’s governor and other officials on Dec. 17 said the state has a plan for the world’s first nuclear fusion power plant. Commonwealth Fusion Systems (CFS) on Tuesday announced it […]

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CFS ARC aerial rendering fusion Virginia

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IEA Says Global Coal Use at All-Time High, Will Remain Strong

Credit to Author: Darrell Proctor| Date: Wed, 18 Dec 2024 17:57:12 +0000

The International Energy Agency (IEA) in a new report said global use of coal, including for power generation, is expected to reach a record 8.77 billion tonnes this year. The […]

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Coal_free image from Rawpixel

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200-MW Hydropower Project in Congo Will Support Mining Companies

Credit to Author: Darrell Proctor| Date: Wed, 18 Dec 2024 17:12:22 +0000

An African banking group announced it will finance development of a 200-MW hydropower installation along the Lufira River in the Democratic Republic of Congo (DRC). The project is the African […]

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Congo hydropower Grand Inga

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Primergy Solar Brings 100-MW Arkansas Project for Amazon Online

Credit to Author: Contributed Content| Date: Wed, 18 Dec 2024 17:11:32 +0000

Primergy Solar, a developer, owner, and operator of utility-scale solar and energy storage projects, on Dec. 18 said the company’s 100-MWac solar project in Ashley County, Arkansas is fully operational. […]

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Primergy Solar

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Another Big Data Center Win for Nuclear: Oklo and Switch Sign Historic 12 GW Deal

Credit to Author: Sonal Patel| Date: Wed, 18 Dec 2024 13:15:49 +0000

Advanced nuclear firm Oklo has partnered with Switch, a Las Vegas-based data center designer, builder, and operator, to deploy 12 GW of Aurora powerhouses through 2044 in a  historic deal […]

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INSERT ART. Oklo’s Aurora Powerhouse is a vertically oriented compact passive fast-spectrum reactor derived from the Experimental Breeder Reactor-II (EBR-II) that uses liquid metal as a coolant. The company recently uprated its design’s capacity offerings to 15 MWe and 100 MWe. The compact fast reactor uses a high-assay, low-enriched uranium (HALEU) metallic uranium-zirconium fuel enriched to about 19%. Courtesy: Oklo

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DOE Advances Three Potential NIETCs—High-Priority National Electric Transmission Corridors

Credit to Author: Sonal Patel| Date: Tue, 17 Dec 2024 16:00:14 +0000

The U.S. Department of Energy (DOE) has advanced three potential National Interest Electric Transmission Corridors (NIETCs) into Phase 3 of its designation process, focusing on areas with critical transmission constraints […]

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An overview of the three Phase 3 NIETC designations—Lake Erie-Canada, Southwestern Grid Connector, and Tribal Energy Access—marking critical areas for grid expansion to improve reliability, resilience, and clean energy integration. Source: DOE, Dec. 16, 2024

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DOE Announces $15 Billion Loan Guarantee for PG&E

Credit to Author: Darrell Proctor| Date: Tue, 17 Dec 2024 14:49:48 +0000

The U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) has announced a conditional commitment for a loan guarantee of up to $15 billion to Pacific Gas & Electric, (PG&E), […]

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PGE Pacific Gas & Electric

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2-GW Offshore Grid Connection Takes Shape in the German Baltic Sea

Credit to Author: Aaron Larson| Date: Mon, 16 Dec 2024 23:01:01 +0000

50Hertz, the transmission system operator (TSO) for eastern Germany, has awarded its Ostwind 4 project to GE Vernova, in consortium with Drydocks World, a DP World company that provides marine […]

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fig1-ostwind4-hvdc-route-50hertz

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