Factors Affecting the Power Industry in 2025 and Beyond: Trump and Data Centers Among Key Influences

Credit to Author: Aaron Larson| Date: Thu, 02 Jan 2025 12:14:00 +0000

The new year always provides a great opportunity to take a look back to see what POWER got right (or wrong) in our previous industry forecast. More importantly, it gives us a chance to look ahead. Some things

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Passive Heat from City Sewer Used to Heat and Cool Museum

Credit to Author: Nathan Madding| Date: Thu, 02 Jan 2025 12:08:00 +0000

Through a cutting-edge heat exchange system, the Museum of Bavarian History in Regensburg, Germany, efficiently heats and cools its building, showcasing a promising solution for urban decarbonization and clean

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Saudi Group Announces 1 GW of Renewables as Part of $50 Billion China Investment

Credit to Author: Darrell Proctor| Date: Tue, 31 Dec 2024 16:58:15 +0000

Saudi Arabia energy major ACWA Power announced it is developing more than 1 GW of renewable energy projects in China. The company in reports published Dec. 31 said the portfolio […]

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Pakistan Will Build Another Chinese-Designed Nuclear Power Unit

Credit to Author: Aaron Larson| Date: Mon, 30 Dec 2024 21:33:00 +0000

The Pakistan Nuclear Regulatory Authority (PNRA) issued a construction license to Pakistan Atomic Energy Commission (PAEC) for Chashma Nuclear Power Plant Unit 5 (C-5), on Dec. 26. PAEC applied for […]

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Texas Coal Plant Will Convert to Solar Plus Storage with Help of Fed Funding

Credit to Author: Aaron Larson| Date: Mon, 30 Dec 2024 19:51:31 +0000

San Miguel Electric Cooperative Inc. (SMECI), a not-for-profit generation and transmission rural electric cooperative located in Atascosa County, Texas, was awarded more than $1.4 billion through the U.S. Department of […]

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How Successful SCADA Implementation Improves Efficiency, Uptime, and Safety

Credit to Author: Contributed Content| Date: Thu, 26 Dec 2024 17:09:51 +0000

Boiler systems play a crucial role across industrial, institutional, commercial, and other large-scale facilities. The systems are often complex and require meticulous oversight to ensure optimal performance and safety. This […]

The post How Successful SCADA Implementation Improves Efficiency, Uptime, and Safety appeared first on POWER Magazine.

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GE Vernova Wins Major HVDC Contract for South Korea’s Largest Power Grid Infrastructure Project

Credit to Author: Contributed Content| Date: Thu, 26 Dec 2024 14:53:50 +0000

GE Vernova said it has been chosen through its joint venture, KAPES, by Korea Electric Power Corp. (KEPCO) to deliver its advanced high-voltage direct-current (HVDC) system, based on line commutated […]

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Nuclear Startup Seeks Contractors for 6 GW of New Generation

Credit to Author: Contributed Content| Date: Fri, 20 Dec 2024 18:20:36 +0000

The Nuclear Company, which plans to deploy 6 GW of fleet-scale nuclear power across America, on Dec. 19 announced the issuance of a solicitation of interest to contractors in engineering, […]

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Five Critical Insights from NERC’s 2024 Long-Term Reliability Assessment

Credit to Author: Sonal Patel| Date: Thu, 19 Dec 2024 21:31:46 +0000

Well over half of North America faces a potential shortage of electricity supplies in the coming years, compounded by surging demand growth, accelerating generator retirements, and delays in resource development, […]

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In the 2024 LTRA, NERC finds that most of the North American bulk power system faces mounting resource adequacy challenges over the next 10 years as surging demand growth continues and thermal generators announce plans for retirement. This graphic shows NERC’s risk map with risk drivers and initial shortfall years. Courtesy: NERC

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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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