Business – Page 5 – Thinking Port

As Last Measure, Biden Administration Unveils $23B in Utility Loan Commitments to Modernize Grid, Boost Clean Energy

January 16, 2025 admin biden administration, Business, clean energy, doe loan programs office, emissions reduction, energy infrastructure reinvestment, Energy Storage, full coverage, grid modernization, Hydro, inflation reduction act, Legal & Regulatory, news, renewable energy projects, Solar, sustainability, utility loans, Wind

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.

Magazines

ABB Acquires Lumin, Expanding Residential Energy Management Portfolio

January 14, 2025 admin abb, acquisition, Business, electrification, lumin, news, power, residential

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.

Magazines

Constellation Moves to Acquire Calpine in $16.4B Deal, Forming Competitive Generation Goliath

January 10, 2025 admin breaking news, Business, calpine corporation, Carbon Capture, clean energy, constellation energy, energy industry mergers, energy transition, full coverage, Gas, geothermal energy, natural gas power, news, Nuclear, nuclear energy, Power Demand, power generation, Technology, trends

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.

Magazines

New Combined Cycle Power Plant in Thailand Features Doosan Škoda Power Technology

January 8, 2025 admin Business, combined cycle, combined heat and power, doosan skoda power, Gas, International, news, Plant Design, power, power plant, steam turbine, Thailand

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.

Magazines

Babcock & Wilcox Secures Major Coal Power Plant Retrofit Contract in Southeast Asia

January 8, 2025 admin b&w, babcock & wilcox, Business, Coal, coal power plant, Environmental, International, news, Plant Design, power, retrofit, sootblowers

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.

Magazines

Generational Shift—Data Centers Bring Change to Energy Landscape

January 8, 2025 admin AI, Amazon, Artificial Intelligence, Business, data centers, full coverage, google, meta, news, Nuclear, power, Power Demand, Technology

Credit to Author: Darrell Proctor| Date: Tue, 07 Jan 2025 19:12:22 +0000

Deals involving the data center sector are occurring regularly, as tech companies make moves to ensure they have a reliable supply of power for their energy-intensive operations. Several generation types, […]

The post Generational Shift—Data Centers Bring Change to Energy Landscape appeared first on POWER Magazine.

Magazines

U.S. Railroading: What Sector’s Future Power Suppliers Will Need to Know

January 7, 2025 admin batteries, Business, Diesel, electrification, Energy Storage, fuel cell, hybrid, hydrogen, locomotives, rail, Railroad, Research and Development

Credit to Author: Contributed Content| Date: Tue, 07 Jan 2025 15:29:45 +0000

Among the elements of America’s carbon-based industries and infrastructure being impacted by electrification, transportation exhibits, first, widespread economic and environmental impacts (private highway vehicles) driven by emerging technology, public policy, […]

The post U.S. Railroading: What Sector’s Future Power Suppliers Will Need to Know appeared first on POWER Magazine.

Magazines

Groups Collaborate on Off-Grid Power Solutions for EV Hubs, Data Centers

January 7, 2025 admin Business, data centers, dc grid, distributed energy, Distributed Generation, ev hubs, evs, fleet vehicles, Gas, liberty energy, natural gas, news, off-grid, power, renewable natural gas, trends

Credit to Author: Contributed Content| Date: Tue, 07 Jan 2025 15:28:01 +0000

Colorado-based Liberty Energy and California-based DC Grid announced a memorandum of understanding to deliver advanced power solutions that would support the growing energy demands of industries such as commercial fleet […]

The post Groups Collaborate on Off-Grid Power Solutions for EV Hubs, Data Centers appeared first on POWER Magazine.

Magazines

Why Utilities Can’t Afford to Wait to Deploy DLR

January 7, 2025 admin ampacimon, Business, congestion, curtailment, dlr, dynamic line ratings, full coverage, news, power, Power Demand, Smart Grid, T&D, Technology, transmission

Credit to Author: Brian Berry| Date: Tue, 07 Jan 2025 13:38:14 +0000

Transmission congestion currently affects approximately 70% of the U.S. grid. Bottlenecks delay the interconnection of cost-effective clean energy sources, limit the transfer of electricity between regions, and raise operational and […]

The post Why Utilities Can’t Afford to Wait to Deploy DLR appeared first on POWER Magazine.

Magazines

2025’s Energy Crossroads: 6 Trends Redefining the Global Power Sector

January 3, 2025 admin 2025, Business, clean energy investment, Coal, data centers, electricity demand growth, energy market trends, energy security, fossil fuel demand decline, full coverage, Gas, geopolitical energy challenges, grid modernization, iea world energy outlook, news, Nuclear, power, power sector flexibility, renewable energy competition, Renewables, trends

Credit to Author: Sonal Patel| Date: Thu, 02 Jan 2025 12:15:00 +0000

Compared to recent years, which have been characterized by chronic energy shortages and price volatility, the world appears to be trundling toward a new energy market context, defined by an unprecedented

The post 2025’s Energy Crossroads: 6 Trends Redefining the Global Power Sector appeared first on POWER Magazine.