It’s Time to Think Differently About Energy Storage and California’s Power Grid

Credit to Author: Doug Poffinbarger| Date: Fri, 07 Feb 2025 11:53:44 +0000

With nearly 60% of the state’s electricity generated from solar, wind, and geothermal energy, California is well past the halfway mark to its goal of 100% renewable power generation by […]

The post It’s Time to Think Differently About Energy Storage and California’s Power Grid appeared first on POWER Magazine.

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Georgia Power to Keep Coal, Gas Power Plants Running Longer as Demand Climbs

Credit to Author: Sonal Patel| Date: Wed, 05 Feb 2025 13:16:15 +0000

Southern Co. subsidiary Georgia Power has proposed a pivot toward extending the life of several existing coal and natural gas-fired power plants into the late 2030s—well beyond previous retirement timelines—citing […]

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Could Space Solar Power Play a Key Role in Disaster Relief?

Credit to Author: Srikanth Raviprasad| Date: Tue, 04 Feb 2025 12:09:34 +0000

The Los Angeles wildfires of January 2025 highlight a critical vulnerability in disaster response: power failure. With insured losses potentially reaching $45 billion and more than 170,000 residents displaced, reliable […]

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Talen, PJM Reach Agreement to Keep 2 GW of Coal, Oil Generation Online for Reliability in Maryland

Credit to Author: Sonal Patel| Date: Wed, 29 Jan 2025 22:55:59 +0000

Talen Energy has reached an agreement with PJM Interconnection, the Maryland Public Service Commission, Maryland electric utilities, consumer representatives, and the Sierra Club to extend operations at its 1.3-GW coal-fired […]

The post Talen, PJM Reach Agreement to Keep 2 GW of Coal, Oil Generation Online for Reliability in Maryland appeared first on POWER Magazine.

Brandon Shores Power Plant: Talen's 1.3-GW coal-fired plant near Baltimore, Maryland, includes Unit 1 (completed in 1984) and Unit 2 (1991). The company planned to retire the facility by mid-2025 due to regulatory and economic challenges. Courtesy: Talen

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PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap

Credit to Author: Sonal Patel| Date: Wed, 29 Jan 2025 20:45:39 +0000

PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJM’s capacity market pricing, agreeing to lower the grid operator’s auction price cap from over $500/MW-day to $325/MW-day. […]

The post PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap appeared first on POWER Magazine.

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NextEra Eyes Restart of Shuttered Nuclear Plant, Partners with GE Vernova on Gas Power Expansion

Credit to Author: Sonal Patel| Date: Fri, 24 Jan 2025 18:47:19 +0000

Facing a projected surge in power demand across the country, NextEra Energy is taking steps to potentially restart its shuttered 615-MW Duane Arnold nuclear plant in Iowa as early as […]

The post NextEra Eyes Restart of Shuttered Nuclear Plant, Partners with GE Vernova on Gas Power Expansion appeared first on POWER Magazine.

The Duane Arnold Energy Center, Iowa’s only nuclear power plant, began commercial operation in February 1975. Located in Palo, Iowa, about 9 miles northwest of Cedar Rapids, it was built in a low-seismic-risk area near the Cedar River and designed to withstand major flooding. After a derecho in August 2020 caused severe damage to its cooling towers, the 615-MW facility was retired earlier than its planned date in 2025. Originally licensed to operate until 2034, the plant is now undergoing decommissioning under the NRC’s SAFSTOR method. Courtesy: NextEra Energy

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

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

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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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Six Companies Tapped for $2.7 Billion LEU Push to Boost Domestic Nuclear Fuel Supply

Credit to Author: Sonal Patel| Date: Tue, 10 Dec 2024 22:27:02 +0000

The U.S. Department of Energy (DOE) has named six companies that will compete for 10-year contracts totaling $2.7 billion for the supply of low-enriched uranium (LEU) to support the nation’s […]

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Cuba Hit by Nationwide Blackout, Restoration Achieved in 24 Hours

Credit to Author: Amaury Perez Sanchez| Date: Thu, 05 Dec 2024 19:19:53 +0000

Cuba suffered another massive blackout on Wednesday, Dec. 4—the latest in a series of devastating grid disruptions that have plagued the island in recent years. While authorities reported swift restoration—completed […]

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