Credit to Author: Darrell Proctor| Date: Mon, 28 Oct 2024 13:52:08 +0000
A fusion energy company that counts executives such as Eric Schmidt and Bill Gates among its backers has emerged from stealth, announcing $900 million in pledged funding. Pacific Fusion, whose […]
The post Bill Gates’ Energy Group, Former Google CEO Investing in Pacific Fusion Startup appeared first on POWER Magazine.
Credit to Author: Samir Adams| Date: Mon, 28 Oct 2024 12:50:10 +0000
As global efforts intensify to mitigate climate change, carbon capture has emerged as a vital technology to curb greenhouse gas emissions. Power generation, a major source of global carbon dioxide […]
The post Advancing Carbon Capture: Supreme Court Ruling and Innovative Solutions for Reducing Emissions appeared first on POWER Magazine.
Credit to Author: Drew Robb| Date: Wed, 23 Oct 2024 16:16:36 +0000
Simple cycle gas turbines provide efficiency levels of around 35% to 40%. Combined cycle units boost efficiency to 60% and beyond. But another option is emerging that combines the attributes […]
The post Simple Cycle, Combined Cycle, or a Hybrid Approach? appeared first on POWER Magazine.
Credit to Author: Aaron Larson| Date: Tue, 22 Oct 2024 16:40:57 +0000
Microreactors are a class of very small modular reactors targeted for non-conventional nuclear markets. The U.S. Department of Energy (DOE) supports a variety of advanced reactor designs, including gas, liquid-metal, […]
The post What Are Microreactors and How Soon Could We See One in Operation appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Sun, 20 Oct 2024 16:23:29 +0000
A report from a group that looks at economic conditions in the Appalachia region of the U.S. says a hydrogen hub proposed for the area already faces significant challenges. The […]
The post Concerns About Appalachian Hydrogen Hub as Companies Drop Out; New Participants Sought appeared first on POWER Magazine.
Credit to Author: Chris Lloyd| Date: Thu, 17 Oct 2024 16:45:45 +0000
Energy and utilities companies are grappling with unprecedented challenges. With the cost of electricity surging by 28.5% in just five years, the average American now spends nearly $300 a month […]
The post Digital Transformation: Fueling Solutions for Today’s Energy and Utilities’ Challenges appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 17 Oct 2024 12:07:06 +0000
A $900 million funding opportunity released by the Department of Energy (DOE) on Oct. 16 seeks to spur “first mover” teams that could deploy the first two Gen III+ light […]
The post DOE Releases $900M to Spur Gen III+ Nuclear SMR Deployment, Targets Two ‘First Mover’ Projects appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Thu, 17 Oct 2024 01:33:10 +0000
The power generation sector is looking at numerous ways to provide enough electricity to satisfy demand from data centers. Bloomberg Intelligence recently said its research shows data centers, buildings filled […]
The post Power Demand from Data Centers Keeping Coal-Fired Plants Online appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Mon, 14 Oct 2024 14:32:45 +0000
Chinese state-owned manufacturer Dongfang Electric announced the company has completed production of a 26-MW offshore wind turbine, continuing a trend of ever-more-powerful turbines from that country. The turbine’s nacelle, shown […]
The post Offshore Wind Milestone: China’s Dongfang Unveils 26-MW Turbine appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Tue, 08 Oct 2024 10:51:05 +0000
In late 2023, the U.S. Department of Energy (DOE) announced a $7 billion initiative to establish seven Regional Clean Hydrogen Hubs, aiming to scale the use of cost-effective clean hydrogen. […]
The post Hydrogen Attracts Significant Investments to Support a Decarbonized Energy Economy appeared first on POWER Magazine.
