Tips for Improving Power Plant Valve Performance

Credit to Author: Aaron Larson| Date: Thu, 01 Aug 2024 11:43:57 +0000

Managers know that valves are important to plant operation. That’s why keeping them in top condition is a priority. Upgrading to advanced valve designs and reducing stress on valve materials are just a

The post Tips for Improving Power Plant Valve Performance appeared first on POWER Magazine.

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Forced Outage Parametric Insurance Solutions for CCGTs

Credit to Author: Contributed Content| Date: Thu, 01 Aug 2024 11:42:29 +0000

Combined cycle gas turbine (CCGT) power plants started appearing on a larger scale in the late 1990s and have since then been a very efficient supplier of baseload and lately […]

The post Forced Outage Parametric Insurance Solutions for CCGTs appeared first on POWER Magazine.

Image-1-Cascade-Combined-Cycle-Gas-Turbine-CCGT-Power-Plant

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EU Mandates Biodiversity Restoration, Setting Up New ‘Green’ Requirements Alongside ‘Clean’ Ones for Power Sector

Credit to Author: Sonal Patel| Date: Thu, 01 Aug 2024 11:42:10 +0000

This June, the European Council formally adopted a first-of-its-kind regulation that sets out to restore at least 20% of the European Union’s (EU’s) land and sea areas by 2030 and all ecosystems in need of

The post EU Mandates Biodiversity Restoration, Setting Up New ‘Green’ Requirements Alongside ‘Clean’ Ones for Power Sector appeared first on POWER Magazine.

Fig2-ESB-Case-Study-biodiversity

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Applying Photovoltaic Charging and Storage Systems: Challenging the Limits of PV Technology

Credit to Author: Chi-Chia Liu| Date: Thu, 01 Aug 2024 11:42:07 +0000

To achieve net-zero goals and accelerate the global energy transition, the International Energy Agency (IEA) stated that countries need to triple renewable energy capacity from that of 2022 by 2030, […]

The post Applying Photovoltaic Charging and Storage Systems: Challenging the Limits of PV Technology appeared first on POWER Magazine.

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PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation

Credit to Author: Sonal Patel| Date: Wed, 31 Jul 2024 14:55:13 +0000

Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant […]

The post PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation appeared first on POWER Magazine.

Clearing price results in PJM’s Base Residual Auction (BRA) from delivery year 2007/2008 to 2024/2025. Courtesy: PJM

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Another Fourth-Generation Nuclear Reactor Begins Construction in the U.S.

Credit to Author: Sonal Patel| Date: Tue, 30 Jul 2024 17:31:00 +0000

Construction of Hermes, Kairos Power’s 35-MWth iterative non-power demonstration molten salt nuclear reactor, has officially kicked off in Oak Ridge, Tennessee. The effort marks another major step for the burgeoning advanced […]

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Architect’s rendering of the Hermes Low-Power Demonstration Reactor facility

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California, Pacific Northwest Hydrogen Hubs Secure First Tranche of $7B Federal Awards

Credit to Author: Sonal Patel| Date: Fri, 26 Jul 2024 16:30:17 +0000

The California Hydrogen Hub and the Pacific Northwest Hydrogen Hub have garnered a combined $57.5 million in the first tranche of funding under the Department of Energy’s (DOE’s) $7 billion […]

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The seven H2Hubs will be in different regions across the U.S. Source: DOE OCED

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Landrieu: Natural Gas Is ‘Not the Enemy, It Is Part of the Solution’ to Achieving Climate Goals

Credit to Author: Aaron Larson| Date: Thu, 25 Jul 2024 18:52:44 +0000

Former U.S. Sen. Mary Landrieu (D-La.), who is now a senior policy advisor for the law firm Van Ness Feldman and co-chair of the Natural Allies Leadership Council, is keen […]

The post Landrieu: Natural Gas Is ‘Not the Enemy, It Is Part of the Solution’ to Achieving Climate Goals appeared first on POWER Magazine.

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Large-Scale ‘Clean Hydrogen’ Project Moves Forward in Germany

Credit to Author: Contributed Content| Date: Thu, 25 Jul 2024 11:50:33 +0000

Siemens Energy has been awarded a contract by German utility EWE to supply a 280-MW electrolysis system. The plant in the German city of Emden is expected to go into […]

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Green Hydrogen_shutterstock_Alexander Kirch

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Risks Associated with Geomagnetic Storms

Credit to Author: Michael Bruch| Date: Wed, 24 Jul 2024 20:50:40 +0000

In May 2024, stargazers and smartphone photographers witnessed a spectacular moment in time over the course of two nights. Social media and news outlets were dazzled by incandescent light plays […]

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