Credit to Author: Contributed Content| Date: Tue, 24 Sep 2024 19:04:25 +0000
Rapid growth in the U.S. data center market is ushering in a new era of power demand and testing the ability of electric utilities to keep pace with this surging […]
The post Data Centers Might Be Catalyst for Modernizing U.S. Power Grid appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Thu, 19 Sep 2024 20:32:30 +0000
$100 billion investment potential will enhance American competitiveness in artificial intelligence (AI) while meeting the growing need for energy infrastructure to power economic growth The drive to develop more powerful […]
The post New AI Partnership to Invest in Data Centers and Supporting Power Infrastructure appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 22 Aug 2024 20:55:24 +0000
The Tennessee Valley Authority (TVA’s) board of directors has approved an additional $150 million for the public power utility’s $200 million New Nuclear Program to boost continued design work and […]
The post TVA Boosts Nuclear Funding with $150M for SMR Development at Clinch River appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 22 Aug 2024 14:25:19 +0000
While global nuclear power capacity has remained at a consistent level over the past decade, newly released data from the International Atomic Energy Agency (IAEA) suggests that more than two-thirds […]
The post IAEA: Aging Nuclear Fleet Warrants Reactor Life Extensions, Much More New Capacity appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Tue, 06 Aug 2024 15:14:36 +0000
The Biden administration will invest $2.2 billion in eight projects under its Grid Resilience and Innovation Partnership (GRIP) program to bolster the nation’s power grid with nearly 13 GW of […]
The post $2.2B for 13 GW of New Transmission Capacity: DOE Unveils Latest Boost for U.S. Grid Modernization appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 01 Aug 2024 11:44:01 +0000
Emerging from a historic election that stripped the African National Congress (ANC) party of its majority, South Africa’s new government has indicated it will accelerate the transition to renewable power to
The post South Africa Announces Bold Shift to Renewables and Nuclear appeared first on POWER Magazine.
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.
Credit to Author: Sonal Patel| Date: Wed, 24 Jul 2024 15:08:05 +0000
Engineering giant Burns & McDonnell has entered into an agreement with nuclear technology specialist BWXT Technologies to advance the design and development of the BWXT Advanced Nuclear Reactor (BANR). The […]
The post Nuclear Cogeneration Gains Momentum in Wyoming with New Microreactor Partnership appeared first on POWER Magazine.
Credit to Author: Aaron Larson| Date: Mon, 01 Jul 2024 12:25:54 +0000
It’s not uncommon to hear people talk about the energy transition. Yet, throughout its history, the power industry has almost always been transitioning in one way or another. There are constantly new
The post Energy Evolution: What Technologies Are Leading the Way Today appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Wed, 26 Jun 2024 12:31:27 +0000
Facing unprecedented lead times and skyrocketing costs, the transformer supply chain crisis threatens the backbone of the electric power industry, driving urgent calls for increased manufacturing capacity and innovative solutions. […]
The post The Transformer Crisis: An Industry on the Brink appeared first on POWER Magazine.
