Credit to Author: Darrell Proctor| Date: Sun, 19 Jan 2025 16:22:40 +0000
The U.S. Dept. of Energy (DOE) has continued to announce billions of dollars of loan guarantees to energy companies in the final days of the Biden administration, including for upgrades […]
The post Plug Power Gets $1.7 Billion Loan Guarantee From DOE to Produce Hydrogen Fuel appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Fri, 17 Jan 2025 21:17:59 +0000
The Biden administration has finalized a $15 billion loan guarantee to California utility Pacific Gas & Electric (PG&E), in the biggest outlay to a single group in the history of […]
The post Biden’s DOE Finalizes $15 Billion Loan Guarantee to California’s PG&E appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Fri, 17 Jan 2025 13:37:20 +0000
Advanced nuclear technology firm Oklo is partnering with Texas-based prime and backup solutions company RPower to roll out an innovative “phased energy model” that will combine natural gas and nuclear […]
The post Nuclear-Gas Synergy: Oklo and RPower Unveil Phased Model to Address Data Center Power Demands appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 16 Jan 2025 19:10:42 +0000
Sweden has broken ground on its final repository for spent nuclear fuel (SNF)—a milestone reached after 40 years of research and development—making it the world’s second deep geological repository (DGR) […]
The post Sweden Begins Construction on World’s Second Deep Geological Repository for Spent Nuclear Fuel 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: 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: Sonal Patel| Date: Fri, 10 Jan 2025 13:41:35 +0000
Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create the largest producer of clean and reliable energy in the […]
The post Constellation Moves to Acquire Calpine in $16.4B Deal, Forming Competitive Generation Goliath appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Wed, 08 Jan 2025 14:10:14 +0000
Doosan Škoda Power has successfully completed the Rayong project in Thailand (Figure 1). The company delivered a 20-MW steam turbine, including a generator, condenser, and other accessories, to the newly […]
The post New Combined Cycle Power Plant in Thailand Features Doosan Škoda Power Technology appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Wed, 08 Jan 2025 13:15:32 +0000
Babcock & Wilcox (B&W) reported that its B&W Thermal business segment has been awarded a contract valued at approximately $13 million to retrofit boiler cleaning equipment for a power plant in […]
The post Babcock & Wilcox Secures Major Coal Power Plant Retrofit Contract in Southeast Asia appeared first on POWER Magazine.
