Credit to Author: Darrell Proctor| Date: Thu, 16 Jan 2025 17:19:10 +0000
Constellation Energy said the company is applying for federal funding as it evaluates whether to put one or more small modular nuclear reactors (SMRs) at its Nine Mile Point nuclear […]
The post Constellation Seeking Permit for Small Modular Reactor at Nine Mile Point appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Thu, 16 Jan 2025 15:18:58 +0000
UK energy giant BP said it will cut more than 5% of its global workforce, as the company continues a plan to reduce costs as it transitions to more operations […]
The post BP Cutting Thousands of Jobs in Effort to Reduce Costs appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 16 Jan 2025 13:06:54 +0000
As a significant final move before the incoming Trump administration takes office, the Biden administration has announced conditional loan commitments totaling $22.92 billion to support projects by eight utility companies […]
The post As Last Measure, Biden Administration Unveils $23B in Utility Loan Commitments to Modernize Grid, Boost Clean Energy appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Wed, 15 Jan 2025 16:40:34 +0000
A Florida-based battery energy storage provider is teaming with Idaho’s largest electric utility for a 200-MW/800-MWh battery energy storage system (BESS) project designed to support grid resiliency. Prevalon Energy, a […]
The post Prevalon Will Provide Second Energy Storage System for Idaho Power appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Tue, 14 Jan 2025 18:37:20 +0000
PetroVietnam Power (PV Power), a subsidiary of state-owned PetroVietnam, said it has started initial operation of the first of two 812-MW LNG-fired units at its Nhon Trach power plant, located […]
The post First of Several LNG-Fueled Power Plants Comes Online in Vietnam appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Tue, 14 Jan 2025 16:54:46 +0000
Estonia energy company Fermi Energia has begun the site selection process for that country’s first nuclear power plant, more than a decade after government officials initially approved construction of a […]
The post Estonia Choosing Site for Nuclear Power Plant With GE Hitachi Reactors appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Tue, 14 Jan 2025 16:06:31 +0000
A 111-MW solar power facility built on reclaimed land at a former coal mine site in Kentucky has entered commercial operation. The Martin County Solar Project (MCSP), developed, built, owned […]
The post Shell Group Company Starts Solar Farm at Former Kentucky Coal Mine appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Tue, 14 Jan 2025 16:06:12 +0000
Global electrical technology company ABB said it has acquired Lumin, a U.S.-based group that provides responsive energy management systems, to expand its home energy management capabilities in the North American […]
The post ABB Acquires Lumin, Expanding Residential Energy Management Portfolio appeared first on POWER Magazine.
Credit to Author: Chris Williams| Date: Mon, 13 Jan 2025 16:04:03 +0000
After several years of relatively steady demand, U.S. electricity demand is now surging, driven by various factors, including commercial sector growth, the urgent development or expansion of data centers, and […]
The post Best Practices for Building Tomorrow’s Power Leaders During Record Growth appeared first on POWER Magazine.
Credit to Author: Mark Turley| Date: Fri, 10 Jan 2025 21:43:28 +0000
During the 2016 U.S. presidential campaign, then-candidate Donald J. Trump took an extremely tough stance on bringing back jobs lost to foreign countries by incentivizing domestic manufacturing. Trump took a […]
The post Gauging the Impact of Trump 2.0 on U.S. Energy and Jobs appeared first on POWER Magazine.
