Credit to Author: Sonal Patel| Date: Tue, 29 Oct 2024 21:07:41 +0000
Ultra Safe Nuclear Corp. (USNC), a developer of much-watched microreactor technology and advanced nuclear fuel, has filed for Chapter 11 bankruptcy. The move signals a critical restructuring phase through which […]
The post Major Microreactor Developer Enters Bankruptcy Amid Nuclear Industry Surge appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Tue, 29 Oct 2024 15:56:35 +0000
Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an […]
The post Dominion Sells 50% Stake in $10B Offshore Wind Project appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Mon, 28 Oct 2024 13:52:08 +0000
A fusion energy company that counts executives such as Eric Schmidt and Bill Gates among its backers has emerged from stealth, announcing $900 million in pledged funding. Pacific Fusion, whose […]
The post Bill Gates’ Energy Group, Former Google CEO Investing in Pacific Fusion Startup appeared first on POWER Magazine.
Credit to Author: Amaury Perez Sanchez| Date: Thu, 24 Oct 2024 20:05:01 +0000
Cuba is in the throes of a severe energy crisis, driven by fuel supply disruptions and compounded by obstacles in securing vital technologies and supplies needed to modernize and operate […]
The post A Breakdown of Cuba’s Grid Collapse and Recovery Efforts appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 24 Oct 2024 12:47:24 +0000
American Electric Power (AEP) subsidiary AEP Ohio filed a settlement agreement with the Public Utilities Commission of Ohio (PUCO) and key stakeholders on Oct. 23 to address the costs of […]
The post AEP Ohio Proposes New Utility Tariff for Data Centers to Offset Infrastructure Costs appeared first on POWER Magazine.
Credit to Author: Drew Robb| Date: Wed, 23 Oct 2024 16:16:36 +0000
Simple cycle gas turbines provide efficiency levels of around 35% to 40%. Combined cycle units boost efficiency to 60% and beyond. But another option is emerging that combines the attributes […]
The post Simple Cycle, Combined Cycle, or a Hybrid Approach? appeared first on POWER Magazine.
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.
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.
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.
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 […]
The post Power Demand from Data Centers Keeping Coal-Fired Plants Online appeared first on POWER Magazine.
