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.
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, […]
The post Five Critical Insights from NERC’s 2024 Long-Term Reliability Assessment appeared first on POWER Magazine.
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 […]
The post Six Companies Tapped for $2.7 Billion LEU Push to Boost Domestic Nuclear Fuel Supply appeared first on POWER Magazine.
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 […]
The post Cuba Hit by Nationwide Blackout, Restoration Achieved in 24 Hours appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Mon, 02 Dec 2024 15:07:22 +0000
Driven by artificial intelligence (AI), cloud computing, and the digital transformation, U.S. data centers consumed an estimated 150 TWh of electricity in 2023—equivalent to around 3% of the nation’s power […]
The post THE BIG PICTURE: How Much Power Will Data Centers Consume? (Infographic) appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Mon, 02 Dec 2024 11:02:19 +0000
Egypt Reducing Renewable Energy Target. Karim Badawi, petroleum minister for Egypt, said the country has cut the amount of renewable energy it will likely have online by 2040. Badawi on Oct. 20, speaking at
The post POWER Digest (December 2024) appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Mon, 02 Dec 2024 10:57:29 +0000
The energy industry finds itself in the midst of a transformative era. In 2023 alone, a record 31 GW of solar energy capacity were installed—a 55% increase from 2022—while battery energy storage systems
The post AI and Energy: A New Horizon for Powering Our Future appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Sat, 23 Nov 2024 15:09:36 +0000
The Public Utility Commission of Texas (PUCT) has adopted a rule for reliability purposes requiring cryptocurrency mining facilities in the Electric Reliability Council of Texas (ERCOT) region to register with […]
The post Texas Mandates Cryptomining Registration, Power Demand Reporting, to Bolster Grid Reliability appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Tue, 19 Nov 2024 23:38:56 +0000
GE Vernova has unveiled a 100% hydrogen-ready aeroderivative gas turbine solution based on its LM6000VELOX package. The first-of-a-kind technology will be showcased at the 200-MW Whyalla hydrogen power plant in […]
The post GE Vernova Unveils 100% Hydrogen-Fueled Aeroderivative Gas Turbine Solution, Secures First Customer appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Tue, 19 Nov 2024 16:59:12 +0000
While the past year has marked stunning triumphs for nuclear energy, experts caution that high costs, regulatory bottlenecks, and the need for market alignment remain major hurdles on the path to a true
The post Can Nuclear’s Big Recent Wins Propel a True Global Revival? appeared first on POWER Magazine.
