The Department of Energy (DOE) has closed a $26.54 billion loan package—the largest single loan commitment in the agency’s history—with Southern Co. subsidiaries Georgia Power and Alabama Power to finance more than 16 GW of “firm” generation and more than 1,300 miles of transmission infrastructure and grid enhancement across the Southeast. The transaction, announced Feb. […] The post Southern Co. Lands Largest Loan in DOE […]
GEL Brings UK’s First Deep Geothermal Plant Online
A UK-based geothermal and battery production group has brought the country’s first deep geothermal power plant online. Geothermal Engineering Limited (GEL) on February 26 said its United Downs power station in Cornwall is generating 3 MW of electricity, alongside the country’s first commercial-scale, zero-carbon lithium carbonate production facility. The post GEL Brings UK’s First Deep Geothermal Plant Online appeared first on POWER Magazine.
Renewable Properties, Pathward, BridgePeak Close $280 Million for Clean Energy Projects
California-based Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and electric vehicle infrastructure projects, said the company has surpassed $280 million in closed corporate and project capital facilities with national bank Pathward, N.A., and BridgePeak Energy Capital, a renewable energy loan originator and service provider to banks and private credit […] The post Renewable Properties, Pathward, BridgePeak Close $280 Million […]
Romania’s Coal-to-NuScale SMR Conversion Secures FID, Moves Into Implementation With Caveats
Romania’s state nuclear utility Nuclearelectrica has approved a final investment decision (FID) for a 462‑MWe six-module NuScale module small modular reactor (SMR) project at the former Doicești coal plant. The decision by Nuclearelectrica’s shareholders on Feb. 12 to approve the FID effectively opens a pathway for the Doicești project—Europe’s most advanced SMR deployment—from an “analysis […] The post Romania’s Coal-to-NuScale SMR Conversion Secures FID, Moves […]
Aggreko Provides Hybrid Power Station With Solar, Gas for Australia Project
Construction is underway on a hybrid power station in Queensland, Australia that will support Arrow Energy’s Surat Gas Project (SGP) North. UK-headquartered Aggreko is leading the project, which is designed to show how natural gas and renewable energy can work together in a power generation installation. The post Aggreko Provides Hybrid Power Station With Solar, Gas for Australia Project appeared first on POWER Magazine.
The POWER Interview: Former SpaceX Exec Drives Arbor’s Turbine Innovation
Demand for electricity from artificial intelligence (AI), data centers, industrial electrification and more is driving innovation in the power generation sector. Speed to power has become even more important, as companies seek ways to more quickly satisfy their hunger for power, without sacrificing efficiency and in some cases their clean energy goals. The post The POWER Interview: Former SpaceX Exec Drives Arbor’s Turbine Innovation appeared […]
Why Prime Movers’ Reliability Is Critical to Power Uptime
Artificial intelligence (AI) is rapidly becoming one of the most significant drivers of global electricity demand. By 2030, data centre consumption is expected to more than double, from 415 TWh to 945 TWh, driven by AI-optimised servers that use up to 10 times the energy of traditional computing. In the U.S., data centres may account […] The post Why Prime Movers’ Reliability Is Critical to […]
Invenergy Inks Supply Deal for Three New Natural Gas-Fired Power Plants in Arizona
Invenergy, which calls itself North America’s largest privately held independent power producer and energy infrastructure innovator, said it has an agreement with a pipeline operator regarding infrastructure associated with development of as many as three new natural gas-fired power plants in Arizona. The post Invenergy Inks Supply Deal for Three New Natural Gas-Fired Power Plants in Arizona appeared first on POWER Magazine.
SB Energy Tapped for Proposed 9.2‑GW Ohio Gas Power Plant in First Tranche of $550B U.S.–Japan Deal: What We Know
The Trump administration is touting a proposed 9.2‑GW natural gas power complex near Portsmouth, Ohio, as the centerpiece of a new U.S.–Japan trade deal that officials say could steer up to $550 billion of Japanese capital into American energy and industrial projects. According to a Feb. 17 Commerce Department fact sheet and a statement by […] The post SB Energy Tapped for Proposed 9.2‑GW Ohio […]
When Air Gaps Are Not Enough—Managing File and Media Risk in Nuclear Facilities
In the nuclear energy sector, cybersecurity is inextricably linked to day-to-day operations. It directly impacts physical safety, system reliability, and regulatory compliance, which makes it a persistent challenge to protect highly sensitive systems without interrupting the work required to keep them running safely. The post When Air Gaps Are Not Enough—Managing File and Media Risk in Nuclear Facilities appeared first on POWER Magazine.