$2.2B for 13 GW of New Transmission Capacity: DOE Unveils Latest Boost for U.S. Grid Modernization

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 […]

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It’s the End of the World as We Know It — Do You Feel Fine?

Credit to Author: Aaron Larson| Date: Thu, 01 Aug 2024 11:44:54 +0000

I thought the title from R.E.M.’s 1987 song was a fitting headline for this article. I contemplated using Bob Dylan’s “The Times They Are A-Changin’,” but I thought R.E.M.’s “stream of

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South Africa Announces Bold Shift to Renewables and Nuclear

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

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EU Mandates Biodiversity Restoration, Setting Up New ‘Green’ Requirements Alongside ‘Clean’ Ones for Power Sector

Credit to Author: Sonal Patel| Date: Thu, 01 Aug 2024 11:42:10 +0000

This June, the European Council formally adopted a first-of-its-kind regulation that sets out to restore at least 20% of the European Union’s (EU’s) land and sea areas by 2030 and all ecosystems in need of

The post EU Mandates Biodiversity Restoration, Setting Up New ‘Green’ Requirements Alongside ‘Clean’ Ones for Power Sector appeared first on POWER Magazine.

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PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation

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.

Clearing price results in PJM’s Base Residual Auction (BRA) from delivery year 2007/2008 to 2024/2025. Courtesy: PJM

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Nuclear Cogeneration Gains Momentum in Wyoming with New Microreactor Partnership

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 […]

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Graphic illustrating the BWXT Advanced Nuclear Reactor (BANR), a transportable microreactor designed for efficient energy production using TRISO fuel.

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Industry Giants, German TSOs Team to Revolutionize HVDC Grid With Multi-Terminal Hubs

Credit to Author: Sonal Patel| Date: Thu, 18 Jul 2024 20:14:29 +0000

Three major high-voltage direct current (HVDC) technology giants—GE Vernova, Siemens Energy, and Hitachi Energy—will join forces with four German transmission system operators—50Hertz, Amprion, TenneT and TransnetBW—to develop multiterminal hubs with […]

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The first multiterminal hubs to be built in northern Germany will consist of a converter and a substation in addition to the DC switchgear, where the direct current lines are linked together, in order to supply the region with green energy. Courtesy: TenneT

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The Chevron Deference Is Dead. What Does It Mean for the Power Sector?

Credit to Author: Sonal Patel| Date: Tue, 02 Jul 2024 17:26:55 +0000

The U.S. Supreme Court on June 28 overturned the Chevron doctrine—a forty-year-old precedent—significantly curtailing the power of federal agencies to interpret ambiguous statutory provisions, even in areas of agency expertise. […]

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Energy Evolution: What Technologies Are Leading the Way Today

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.

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2024 Shaping Up to Be Dramatic for Transmission and Distribution

Credit to Author: Sonal Patel| Date: Thu, 30 May 2024 17:32:46 +0000

In a significant push toward modernizing America’s aging grid infrastructure, the Biden administration, in partnership with 21 states, has launched the Federal-State Modern Grid Deployment Initiative. The measure marks the […]

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