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.
Credit to Author: Darrell Proctor| Date: Thu, 06 Feb 2025 18:39:42 +0000
Several U.S. utilities in recent months have said they plan to keep coal-fired units in their generation fleets operating past their scheduled retirement dates, in most cases citing increased demand […]
The post U.S. Coal Plants Get Reprieve as Market and Policies Change appeared first on POWER Magazine.
Credit to Author: Thomas Kiessling| Date: Thu, 06 Feb 2025 14:29:42 +0000
As the world accelerates toward an electrified future driven by renewable energy, electric vehicles (EVs), and industrial electrification, energy distribution grids face unprecedented challenges. From grid overloads and delays in connecting distributed […]
The post A Renewed Vision for the Energy Grid: Turning Challenges into Opportunities appeared first on POWER Magazine.
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.
Credit to Author: Darrell Proctor| Date: Tue, 28 Jan 2025 22:14:49 +0000
The debate over just how much power will be needed to support the artificial intelligence (AI) industry became heated when a Chinese company said it has a low-cost AI model […]
The post DeepSeek Sparks Demand Debate, While Chevron Plans Gas-Fired Plants for Data Centers appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Sat, 25 Jan 2025 21:09:41 +0000
Prominent private equity investment firm Blackstone has agreed to acquire the 774-MW Potomac Energy Center—a natural gas power plant located in Virginia’s “Data Center Alley”—in a deal reportedly valued at […]
The post Blackstone to Acquire 774-MW Virginia Gas Plant in ‘Data Center Alley’ in Reported $1B Deal appeared first on POWER Magazine.
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.
Credit to Author: Sonal Patel| Date: Thu, 23 Jan 2025 21:06:40 +0000
The Tennessee Valley Authority (TVA) has selected Bechtel, Sargent & Lundy, and GE Hitachi to spearhead the initial planning and design phases for a potential BWRX-300 small modular reactor (SMR) […]
The post TVA Taps Bechtel, Sargent & Lundy, and GE Hitachi for Clinch River SMR Nuclear Project appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Wed, 22 Jan 2025 12:46:04 +0000
2025 will test the progress of the world’s energy transition and could forecast its direction for the next decade. With major economies pursuing budget cuts, it will be a year […]
The post 5 Trends Shaping the EMIA Power Industry in 2025 appeared first on POWER Magazine.
Credit to Author: Mark Siira| Date: Sun, 19 Jan 2025 15:35:20 +0000
As we enter 2025, the world’s growing need for charging large battery storage in vehicles is driving many changes in how we generate, transmit, distribute and use energy. Against this […]
The post Four Energy Trends to Watch in 2025 appeared first on POWER Magazine.
