THE BIG PICTURE: The Need for Power Flexibility

Credit to Author: Sonal Patel| Date: Mon, 02 Dec 2019 05:00:29 +0000

The post THE BIG PICTURE: The Need for Power Flexibility appeared first on POWER Magazine.

In its November 2019–issued World Energy Outlook, the International Energy Agency (IEA) suggests that if countries pursue currently stated policies, the combined generation share of wind and solar photovoltaic could surge from 7% today to 24% in 2040. This very steep ramp-up of variable renewables will undoubtedly require an emphatic focus onflexibility—the ability of power […]

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IEA World Energy Outlook: Solar Capacity Surges Past Coal and Gas by 2040

Credit to Author: Sonal Patel| Date: Thu, 14 Nov 2019 15:31:33 +0000

The post IEA World Energy Outlook: Solar Capacity Surges Past Coal and Gas by 2040 appeared first on POWER Magazine.

Solar photovoltaic (PV) could surge ahead of coal and gas and become the largest source of installed power capacity in the world by 2035 if countries pursue stated policies and targets, the International Energy Agency (IEA) said in its newly released World Energy Outlook 2019 (WEO2019).  The agency’s annual publication, which it issued Nov. 13, […]

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Offshore Wind Industry To Increase 15-Fold & Become $1 Trillion Industry, Says IEA

Credit to Author: Joshua S Hill| Date: Mon, 28 Oct 2019 17:55:40 +0000

The global offshore wind industry is expected to grow by as much as 15-fold and attract a cumulative investment of $1 trillion by 2040 according to a new report published by the International Energy Agency (IEA) which has famously undervalued the increasing role of renewable energy in the global energy mix. 

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Solar To Headline Double-Digit Renewable Power Capacity Growth In 2019

Credit to Author: Joshua S Hill| Date: Tue, 24 Sep 2019 15:23:06 +0000

Global capacity additions of renewable power are expected to bounce back with double-digit growth in 2019, according to the International Energy Agency, led by a resurgent performance from the solar PV industry which is expected to see growth of over 17% and capacity of 115 gigawatts (GW) by year’s end. 

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Nuclear Performance Improves, but More Reactors Needed

Credit to Author: Aaron Larson| Date: Wed, 25 Sep 2019 19:22:12 +0000

The post Nuclear Performance Improves, but More Reactors Needed appeared first on POWER Magazine.

“The world’s nuclear plants continue to perform excellently,” Agneta Rising, director general of the World Nuclear Association, wrote in the preface to the recently released World Nuclear Performance Report 2019. Yet, if the nuclear industry is to reach its “Harmony” goal, which is for nuclear generation to supply 25% of the world’s electricity before 2050, […]

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2018 Exceptional Year for Nuclear Power Firsts

Credit to Author: Sonal Patel| Date: Thu, 05 Sep 2019 13:18:54 +0000

The post 2018 Exceptional Year for Nuclear Power Firsts appeared first on POWER Magazine.

Last year, five of the world’s 449 operable nuclear reactors reached 50 years of operation for the first time, four first-of-their kind reactor designs were brought online, and while the industry showed capacity factor impacts from load-following, the global nuclear fleet performed  at an average capacity factor of about 80%, says a new report from […]

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THE BIG PICTURE: A Spotlight on Oil-Fired Power

Credit to Author: Tracey Lilly| Date: Thu, 01 Aug 2019 04:00:45 +0000

Discussions about fossil-fueled power capacity are typically centered on coal and natural gas. The former is seeing a marked decline amid climate concerns, and the latter is seeing unprecedented growth, owing to relatively low prices. Seemingly forgotten, but still a major source of power, are plants fired with petroleum liquids. In 2017, according to the […]

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The Clean Energy Conundrum

Credit to Author: POWER| Date: Mon, 01 Jul 2019 00:00:00 +0000

The worldwide movement toward a clean energy future is barreling ahead. Most clean energy advocates seem to focus on wind and solar power as their resources of choice, and it shows, as the installed capacity

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Nuclear Power Needed for Clean Energy Future

Credit to Author: Aaron Larson| Date: Thu, 30 May 2019 14:37:37 +0000

“Without action to provide more support for nuclear power, global efforts to transition to a cleaner energy system will become drastically harder and more costly,” Fatih Birol, executive director of the International Energy Agency (IEA), wrote in his foreword to the IEA’s recently released report titled Nuclear Power in a Clean Energy System. The report […]

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Q&A With Geothermal Experts

Credit to Author: Darrell Proctor| Date: Wed, 01 May 2019 04:01:04 +0000

Geothermal energy has been around forever, used as a heating source across the world. Today it has surfaced as another renewable resource, with advancements in drilling technology bringing down costs and opening new areas to development. In conjunction with the feature article on geothermal in the May 2019 issue of POWER, we sought opinions from […]

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