Marking the first-ever revival of a nuclear power plant in the U.S., the Department of Energy (DOE) on Sept. 30 finalized a $1.52 billion loan guarantee to Holtec International to […] The post DOE Finalizes $1.52B Palisades Loan for First-Ever U.S. Nuclear Plant Recommissioning appeared first on POWER Magazine.
Understanding the Domestic Content Bonus Credit and How to Maximize Incentives for Solar Projects
In May, the U.S. Department of the Treasury and IRS released additional guidance on the Inflation Reduction Act’s (IRA’s) domestic content bonus, part of President Biden’s economic strategy to boost […] The post Understanding the Domestic Content Bonus Credit and How to Maximize Incentives for Solar Projects appeared first on POWER Magazine.
Demonstration to Convert Kentucky Coal Mine to Pumped Hydro Secures Federal Funding
A project that will demonstrate the conversion of a former coal mine in Bell County, Kentucky, into a utility-scale 287-MW pumped storage hydroelectric facility has garnered federal backing from the […] The post Demonstration to Convert Kentucky Coal Mine to Pumped Hydro Secures Federal Funding appeared first on POWER Magazine.
Virtual Power Plants: An Untapped Resource for Improving Grid Reliability
Utilities are in a tricky spot. While reliability is one of three key focus areas for utilities as they navigate the clean energy transition, along with decarbonization and affordability, it’s […] The post Virtual Power Plants: An Untapped Resource for Improving Grid Reliability appeared first on POWER Magazine.
Project Pele, DOD’s HTGR Mobile Nuclear Microreactor, Breaks Ground
Groundbreaking has kicked off at Idaho National Laboratory (INL), where Project Pele—the Department of Defense’s (DOD’s) full-scale transportable microreactor prototype—will be placed for testing in 2026. When operational, the reactor […] The post Project Pele, DOD’s HTGR Mobile Nuclear Microreactor, Breaks Ground appeared first on POWER Magazine.
DOE Group Awards $34.5 Million For PG&E Hydropower Projects in California
The Dept. of Energy’s (DOE’s) Grid Deployment Office has awarded $34.5 million to California utility Pacific Gas & Electric (PG&E). The funding will support 19 hydropower projects across PG&E’s territory. […] The post DOE Group Awards $34.5 Million For PG&E Hydropower Projects in California appeared first on POWER Magazine.
Construction Begins on New York City’s Largest Solar Array, Covering Terminal Roof at JFK Airport
More than 13,000 solar panels will be installed on the roof of the New Terminal One project at John F. Kennedy International Airport (JFK) in New York City. The consortium […] The post Construction Begins on New York City’s Largest Solar Array, Covering Terminal Roof at JFK Airport appeared first on POWER Magazine.
Spanish Group Injecting Hydrogen Into Natural Gas Network
A Spanish infrastructure company said it has achieved a “historic milestone” for Spain’s energy industry. Madrid-headquartered Redexis announced has begun injecting hydrogen produced with renewable energy into the country’s natural […] The post Spanish Group Injecting Hydrogen Into Natural Gas Network appeared first on POWER Magazine.
Equinor Ends Plan to Export Hydrogen to Germany
Energy giant Equinor said it will not export blue hydrogen from Norway to Germany due to economics and a lack of demand. Equinor on September 20 said it would discontinue […] The post Equinor Ends Plan to Export Hydrogen to Germany appeared first on POWER Magazine.
Unlocking America’s Clean Hydrogen Potential: Navigating Policy, Challenges, and Market Opportunities
The U.S. clean hydrogen sector is poised for significant growth, driven in part by its potential to reduce carbon dioxide emissions in hard-to-abate industries such as transportation and chemical production. […] The post Unlocking America’s Clean Hydrogen Potential: Navigating Policy, Challenges, and Market Opportunities appeared first on POWER Magazine.