Markets – Page 6 – Thinking Port

Prodigy and Westinghouse Targeting Launch of eVinci Floating Nuclear Plant in Canada by 2030

January 24, 2024 admin Business, Canada, engineering, evinci, floating nuclear power plants, fnpp, Fuel, full coverage, iaea, innovation, International, Legislative, Markets, microreactor, news, Nuclear, nuclear industry, prodigy clean energy, remote power generation, Research and Development, Safety, small modular reactors, smrs, sustainable energy solutions, Technology, transportable nuclear power plant, trends, Westinghouse

Credit to Author: Sonal Patel| Date: Wed, 24 Jan 2024 14:58:06 +0000

Conceptual layout of a marine (shoreline) installed Prodigy Microreactor Power Station TNPP that can integrate a single or multiple Westinghouse eVinci™ microreactors. The facility is non-self-propelled. Courtesy: Prodigy Clean Energy

Westinghouse has revealed it is designing a transportable nuclear power plant (TNPP) featuring an eVinci microreactor with Canadian firm Prodigy Clean Energy, aiming to deliver a first project in Canada […]

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Bipartisan Senate Bill Seeks to Rein In DOE Distribution Transformer Efficiency Standards

January 19, 2024 admin bipartisan bill, Business, distribution transformers, doe regulations, energy efficiency, energy policy, full coverage, Legal & Regulatory, manufacturing sector, Markets, news, power industry, senate legislation, supply chain, supply chains, Technology, transformer technology

Credit to Author: Sonal Patel| Date: Fri, 19 Jan 2024 04:26:58 +0000

A bipartisan group of 12 U.S. senators is poised to introduce a bill that could freeze the Department of Energy’s (DOE’s) implementation of updated energy efficiency standards for distribution transformers. […]

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DOE Selects Consortium to Bolster Demand for Regional Hydrogen Hubs

January 18, 2024 admin Business, clean hydrogen, DOE, efi foundation, federal investment, full coverage, h2di, hydrogen, hydrogen demand initiative, hydrogen hubs, intercontinental exchange, Legal & Regulatory, Markets, news, oced, Renewables, Research and Development, s&p global, Technology

Credit to Author: Sonal Patel| Date: Thu, 18 Jan 2024 20:44:26 +0000

The DOE’s selection of seven Regional Clean Hydrogen Hubs (H2Hubs) on Oct. 13 is expected to kickstart a national network of clean hydrogen producers, consumers, and connective infrastructure while supporting the production, storage, delivery, and end-use of clean hydrogen. Source: DOE.

The Department of Energy (DOE) has selected a consortium that will work to foster demand for commercial clean hydrogen at seven regional hydrogen hubs (H2Hubs), which the agency in October […]

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TVA Urges Conservation as Cold Snap Sets All-Time Peak Demand Record

January 17, 2024 admin Business, Coal, cold-weather preparedness, energy security, freezing instrumentation, Fuel, full coverage, Gas, Markets, news, Nuclear, Power Demand, power plants, reliability, TVA, winter storm eliott, winter weather

Credit to Author: Sonal Patel| Date: Wed, 17 Jan 2024 16:37:42 +0000

TVA’s Watts Bar Nuclear Plant is located on 1,700 acres on the northern end of the Chickamauga Reservoir near Spring City, in East Tennessee. Each unit has a capacity of about 1,150 MW of electricity. Source: TVA

The Tennessee Valley Authority (TVA) has urged conservation as it grapples with record-high power demand amid extremely cold temperatures and near-zero wind chill over its seven-state region in the Southeast. […]

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ERCOT Warns of ‘Tight Conditions’ as Intense Freeze Grips Texas

January 15, 2024 admin Business, demand, energy security, ercot, Extreme weather, freeze, full coverage, Markets, natural gas supply, news, power, power conservation, Power Demand, reliability, texas, weather emergency, winter preparedness

Credit to Author: Sonal Patel| Date: Mon, 15 Jan 2024 04:57:54 +0000

The Electric Reliability Council of Texas (ERCOT) has issued a conservation appeal as it braces for continued freezing temperatures, “very high” demand, and “unseasonably low wind” early in the morning […]

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PJM Urges Delayed Retirement of 840-MW Fossil Fuel Power Plant, Citing Reliability Impacts

January 13, 2024 admin brandon shores, Business, Coal, coal plant, economics, EPA, fossil fired power plants, full coverage, Gas, h.a. wagner, Markets, news, pjm, power, Power Demand, reliability, reliability must run, retirements, talen energy

Credit to Author: Sonal Patel| Date: Wed, 10 Jan 2024 19:17:22 +0000

The H.A. Wagner Power Plant, located outside Baltimore, MD, is fueled by coal, natural gas, and oil. It includes an approximately 13-megawatt gas turbine unit, which can serve as a peaking unit. Unit 3 will convert to run on oil by the end of 2023. Courtesy: Talen Energy

PJM has urged Talen Energy to delay its deactivation of two of four units at the 840-MW coal, oil, and gas–fired Herbert A. Wagner Generating Station in Maryland until transmission […]

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UK Eyes Domestic HALEU Nuclear Fuel Production as Global Interest Ramps Up

January 13, 2024 admin advanced nuclear, energy policy, energy security, Fuel, full coverage, global nuclear market, haleu, International, Markets, news, Nuclear, nuclear fuel, nuclear reactor, power, Russia, supply chains, Technology, tenex, trends, uk, uranium enrichment

Credit to Author: Sonal Patel| Date: Wed, 10 Jan 2024 15:17:02 +0000

The UK may be poised to become the first European country to launch domestic production of high-assay, low-enriched uranium (HALEU). New funding announced by the country’s government this week signifies […]

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How Power Companies Can Ride the EV Wave for New Revenue

December 2, 2023 admin Business, charging, Electric vehicles, electrification, ev, ev charging, full coverage, Markets, news, power, Power Demand, Smart Grid, Technology

Credit to Author: Aaron Larson| Date: Fri, 01 Dec 2023 05:17:00 +0000

Have you noticed more electric vehicles (EVs) driving around your neighborhood? According to Kelley Blue Book’s “Electric Vehicle Sales Report Q3 2023,” EV sales volume in the U.S. set a new record in

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National Grid’s Evolution: Branching Out from Deep Roots

November 5, 2023 admin Business, Distribution, energy security, energy transition, engineering, full coverage, History, International, jacobs, Markets, national grid, news, northeast, Renewables, sustainability, Technology, transmission, uk, utility spotlight

Credit to Author: Sonal Patel| Date: Wed, 01 Nov 2023 10:08:03 +0000

Rooted in the birth of the UK’s energy industry, National Grid’s operations have traversed critical periods of the energy industry’s tumultuous history. While it is today one of the world’s largest

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EU Power Markets Show Improvements After Bucking Reliance on Russian Gas

November 5, 2023 admin Business, Coal, ember, eu gas imports, eu power trends, european power benchmark, european union electricity market, full coverage, International, Markets, natural gas, news, power, Renewables, russian gas reliance, wholesale gas prices

Credit to Author: Sonal Patel| Date: Wed, 01 Nov 2023 10:05:08 +0000

European Union (EU) electricity markets appear to be successfully bucking their reliance on Russian gas. Several recent reports point to improved market fundamentals in the region, suggesting the region is on

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