Credit to Author: Darrell Proctor| Date: Thu, 16 Jan 2025 15:18:58 +0000
UK energy giant BP said it will cut more than 5% of its global workforce, as the company continues a plan to reduce costs as it transitions to more operations […]
The post BP Cutting Thousands of Jobs in Effort to Reduce Costs appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Wed, 18 Dec 2024 17:57:12 +0000
The International Energy Agency (IEA) in a new report said global use of coal, including for power generation, is expected to reach a record 8.77 billion tonnes this year. The […]
The post IEA Says Global Coal Use at All-Time High, Will Remain Strong appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Thu, 21 Nov 2024 17:12:34 +0000
European energy major Equinor said it is cutting 20% of the workforce, or about 250 jobs, in its renewable energy division due to continued economic challenges. The Norway-based company said […]
The post Norway’s Equinor Cuts 20% of Renewable Energy Staff appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Tue, 19 Nov 2024 17:00:08 +0000
The need for emissions-free power generation, along with the ability to provide more power when and where it’s needed, is driving research and development of smaller nuclear reactors. Energy industry
The post Mobility, Flexibility, Scalability: SMRs Forging Nuclear’s Future appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Fri, 04 Oct 2024 15:45:27 +0000
A U.S. bank that supports technology exports to international groups is committing $98 million toward development of a small modular reactor (SMR) project in Romania. The board of directors of […]
The post U.S. Bank Commits $98 Million Toward NuScale SMR Project in Romania appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Mon, 29 Jul 2024 20:05:16 +0000
Updated data from the China Nuclear Energy Association (CNEA) shows the country has 55 nuclear reactors in operation, ranking third globally behind the U.S. and France. The CNEA said China […]
The post China Starts Construction of More Reactors as Part of Rapid Nuclear Buildout appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Thu, 25 Jul 2024 16:11:31 +0000
A Kentucky-based group has announced plans to build a 6-GW fleet of nuclear power stations in the U.S., looking to take advantage of bipartisan support for nuclear technology and the […]
The post Nuclear Power Startup Plans 6-GW Fleet of U.S. Plants appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Mon, 01 Jul 2024 12:26:00 +0000
As the oldest renewable energy resource, hydropower is well-established as a reliable source of dispatchable energy. Yet, it is often overlooked and taken for granted. It’s commonly believed that hydro’s
The post Hydropower Remains Renewable Leader Despite Climate Challenges appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Tue, 14 May 2024 15:11:49 +0000
The market for customizable, scalable, turnkey energy storage solutions continues to evolve, as companies look at providing systems that will work from an individual application level all the way to […]
The post Siemens Collaborating With Kontrolmatik, Pomega on Battery Engineering appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Tue, 30 Apr 2024 13:45:16 +0000
GE Hitachi Nuclear Energy (GEH) is forming a group of qualified supply chain companies to help ensure the deployment of its BWRX-300 small nuclear modular reactor (SMR). The move comes […]
The post Nuclear Supply Chain for the BWRX-300 SMR Takes Shape appeared first on POWER Magazine.
