The energy market is the newest frontier for Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance risk. This sector is highly complex; it is dynamic, volatile, and under mounting regulatory pressures. The post Emerging Risks in Energy Trading, and Best Practices for Navigating Them appeared first on POWER Magazine.
LG&E, KU Propose $3.7B Power Buildout: 1.3 GW of New Gas Plants, $153M Coal Unit Upgrade
PPL subsidiaries Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) have proposed to upgrade environmental controls at a 1974-built coal unit, build two new gas-fired power plants […] The post LG&E, KU Propose $3.7B Power Buildout: 1.3 GW of New Gas Plants, $153M Coal Unit Upgrade appeared first on POWER Magazine.
Canada Bitcoin Miner Acquiring Two Pennsylvania Coal Plants
A Canada-based crypto mining company is acquiring two Pennsylvania coal-fired power plants as part of its purchase of a digital mining group. The post Canada Bitcoin Miner Acquiring Two Pennsylvania Coal Plants appeared first on POWER Magazine.
Alabama Power Building BESS at Former Coal-Fired Power Plant Site
Officials with Alabama Power said the company will develop the state’s first utility-scale battery energy storage system (BESS) at the site of the former coal-fired William Crawford Gorgas Electric Generating Plant. The post Alabama Power Building BESS at Former Coal-Fired Power Plant Site appeared first on POWER Magazine.
The SMR Gamble: Betting on Nuclear to Fuel the Data Center Boom
Data center power demand is accelerating, pushing the grid to its limits and prompting tech giants to bet on next-generation nuclear reactors. But given steep costs, regulatory hurdles, and uncertain The post The SMR Gamble: Betting on Nuclear to Fuel the Data Center Boom appeared first on POWER Magazine.
The POWER Interview: O&M Solutions for C&I Solar Installations
Jon De Martin, CEO of Australia-based SCE Energy Solutions, talks with POWER about his company’s work with solar power technology for commercial and industrial enterprises. The post The POWER Interview: O&M Solutions for C&I Solar Installations appeared first on POWER Magazine.