BLM Approves Major 2-GW Geothermal Project in Utah

Credit to Author: Darrell Proctor| Date: Sat, 19 Oct 2024 21:41:45 +0000

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.

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The POWER Interview: Energy Storage Supports Europe’s Decarbonization

Credit to Author: Darrell Proctor| Date: Sat, 19 Oct 2024 15:43:53 +0000

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.

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DOE Selects Four Companies to Boost U.S. HALEU Enrichment for Advanced Nuclear

Credit to Author: Sonal Patel| Date: Fri, 18 Oct 2024 12:18:45 +0000

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.

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Digital Transformation: Fueling Solutions for Today’s Energy and Utilities’ Challenges

Credit to Author: Chris Lloyd| Date: Thu, 17 Oct 2024 16:45:45 +0000

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.

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DOE Releases $900M to Spur Gen III+ Nuclear SMR Deployment, Targets Two ‘First Mover’ Projects

Credit to Author: Sonal Patel| Date: Thu, 17 Oct 2024 12:07:06 +0000

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.

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Power Demand from Data Centers Keeping Coal-Fired Plants Online

Credit to Author: Darrell Proctor| Date: Thu, 17 Oct 2024 01:33:10 +0000

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 […]

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Sumitomo, CEP Solar Form JV for Renewable Energy in Virginia

Credit to Author: Darrell Proctor| Date: Thu, 17 Oct 2024 00:06:07 +0000

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.

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$3B in Transmission Substation and Line Projects Proposed in Pacific Northwest

Credit to Author: Aaron Larson| Date: Wed, 16 Oct 2024 21:11:07 +0000

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.

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Amazon Backs Massive Nuclear SMR Deployment: 5 GW with X-Energy, Agreements With Energy Northwest, Dominion

Credit to Author: Sonal Patel| Date: Wed, 16 Oct 2024 15:01:58 +0000

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.

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Last Energy to Repurpose Welsh Coal Plant Site with 80-MW Micro-Nuclear Fleet

Credit to Author: Sonal Patel| Date: Tue, 15 Oct 2024 15:35:38 +0000

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.

Rendering of Last Energy’s micro-modular nuclear plants at the former Llynfi Power Station site in South Wales, set to deliver 80 MWe of clean baseload power to local industries starting in 2027. Courtesy: Last Energy

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