10 Near-Term Global Power Sector Trends

Credit to Author: Sonal Patel| Date: Tue, 03 Jan 2023 05:17:14 +0000

While 2021 provided its own share of extraordinary energy debacles, Russia’s invasion of Ukraine in early 2022 cascaded into full-blown energy turmoil. This year will begin with the world “in the midst of

The post 10 Near-Term Global Power Sector Trends appeared first on POWER Magazine.

Read more

10 Near-Term Global Power Sector Trends

Credit to Author: Sonal Patel| Date: Tue, 03 Jan 2023 05:17:14 +0000

While 2021 provided its own share of extraordinary energy debacles, Russia’s invasion of Ukraine in early 2022 cascaded into full-blown energy turmoil. This year will begin with the world “in the midst of

The post 10 Near-Term Global Power Sector Trends appeared first on POWER Magazine.

Read more

POWER Digest [January 2023]

Credit to Author: Sonal Patel| Date: Tue, 03 Jan 2023 05:10:52 +0000

Brazil Formally Restarts Construction of Angra 3 Nuclear Reactor. Eletronuclear, a mixed-ownership subsidiary of Brazilian state-run power group Eletrobras, has resumed construction of Angra 3, a 1.4-GW

The post POWER Digest [January 2023] appeared first on POWER Magazine.

Read more

Four Forces Shaping U.S. Utilities in 2023

Credit to Author: Contributed Content| Date: Thu, 08 Dec 2022 13:43:48 +0000

In 2023, U.S. utilities have a multipronged ambition to realize: how to provide customers with reliable, affordable, and sustainable energy, and safe water. However, increased pressure around decarbonization and the adoption of cleaner energy sources, electrification, and related infrastructure needs, and customer-driven disruption will make this energy trilemma even more difficult to balance. Management at […]

The post Four Forces Shaping U.S. Utilities in 2023 appeared first on POWER Magazine.

Read more

THE BIG PICTURE: Global Coal-to-Gas Switching

Credit to Author: Sonal Patel| Date: Thu, 01 Dec 2022 05:14:39 +0000

The Global Energy Monitor (GEM), an organization dedicated to enhancing understanding of climate change data, in a recent report, estimated that about 89.6 GW (or 13%) of the 692 GW of global gas-fired capacity in development are coal-to-gas conversions or replacements. East Asia has the most coal-to-gas conversions or replacements in development (29.6 GW). By […]

The post THE BIG PICTURE: Global Coal-to-Gas Switching appeared first on POWER Magazine.

Read more

NERC Warns of Tight Generation Resources, Fuel Supply Issues This Winter

Credit to Author: Sonal Patel| Date: Thu, 17 Nov 2022 22:58:27 +0000

Power shortfalls could be rife over the next three months across a large portion of the North American bulk power system (BPS), particularly during extreme and prolonged cold conditions, the North American Electric Reliability Corp. (NERC) has warned. The nation’s designated Electric Reliability Organization (ERO) in its latest Winter Reliability Assessment, issued on Nov. 17, said […]

The post NERC Warns of Tight Generation Resources, Fuel Supply Issues This Winter appeared first on POWER Magazine.

Read more

European Energy Crisis Prompts Utility Takeovers in Germany, France

Credit to Author: Sonal Patel| Date: Tue, 01 Nov 2022 04:10:00 +0000

With winter fast approaching, and the dreaded effects of extreme natural gas price levels and volatility looming, together with unprecedented uncertainty of fuel supply, governments in Germany and France have

The post European Energy Crisis Prompts Utility Takeovers in Germany, France appeared first on POWER Magazine.

Read more

POWER Digest [November 2022]

Credit to Author: Sonal Patel| Date: Tue, 01 Nov 2022 04:09:00 +0000

JX Nippon Acquires NRG’s Share of Petra Nova Carbon Capture Plant for $3.6 Million. ENEOS Group, a Japanese energy and non-ferrous metals business group that owns JX Nippon Oil and Gas Exploration, will

The post POWER Digest [November 2022] appeared first on POWER Magazine.

Read more

U.S. Spent Nuclear Fuel Reprocessing May Be Making a Comeback—Here’s Why

Credit to Author: Sonal Patel| Date: Thu, 27 Oct 2022 14:47:24 +0000

The Department of Energy (DOE) has ramped up efforts to explore recycling spent nuclear fuel (SNF), or used nuclear fuel (UNF), from the nation’s fleet of light water reactors (LWRs), doling out $38 million in federal awards to a dozen projects on Oct. 21. Teams will receive funding under the DOE’s March 2022–launched “Converting UNF […]

The post U.S. Spent Nuclear Fuel Reprocessing May Be Making a Comeback—Here’s Why appeared first on POWER Magazine.

Read more

Blue Ammonia Production Efforts for Fuel Supply, Exports in High Gear Along U.S. Gulf Coast

Credit to Author: Sonal Patel| Date: Thu, 20 Oct 2022 12:51:51 +0000

Energy giants Chevron and Uniper are pairing with chemical technology companies Air Liquide and LyondellBasell to explore a hydrogen and ammonia production facility along the U.S. Gulf Coast that could support industrial decarbonization and mobility applications in the region and expand clean ammonia exports. The companies, in a joint statement on Oct. 19, said they […]

The post Blue Ammonia Production Efforts for Fuel Supply, Exports in High Gear Along U.S. Gulf Coast appeared first on POWER Magazine.

Read more