Energy and utilities companies are grappling with unprecedented challenges. With the cost of electricity surging by 28.5% in just five years, the average American now spends nearly $300 a month […] The post Digital Transformation: Fueling Solutions for Today’s Energy and Utilities’ Challenges appeared first on POWER Magazine.
DOE Releases $900M to Spur Gen III+ Nuclear SMR Deployment, Targets Two ‘First Mover’ Projects
A $900 million funding opportunity released by the Department of Energy (DOE) on Oct. 16 seeks to spur “first mover” teams that could deploy the first two Gen III+ light […] The post DOE Releases $900M to Spur Gen III+ Nuclear SMR Deployment, Targets Two ‘First Mover’ Projects appeared first on POWER Magazine.
Power Demand from Data Centers Keeping Coal-Fired Plants Online
The power generation sector is looking at numerous ways to provide enough electricity to satisfy demand from data centers. Bloomberg Intelligence recently said its research shows data centers, buildings filled […] The post Power Demand from Data Centers Keeping Coal-Fired Plants Online appeared first on POWER Magazine.
Sumitomo, CEP Solar Form JV for Renewable Energy in Virginia
Japan’s Sumitomo Corp and Perennial Power Holdings Inc., a subsidiary of Sumitomo Corp. of Americas, have set up a joint venture with Virginia-based CEP Solar LLC to deliver renewable energy […] The post Sumitomo, CEP Solar Form JV for Renewable Energy in Virginia appeared first on POWER Magazine.
Last Energy to Repurpose Welsh Coal Plant Site with 80-MW Micro-Nuclear Fleet
Micro-modular nuclear plant developer Last Energy has unveiled plans to deploy four 20-MWe pressurized water reactor (PWR) power plants at the site of a former coal-fired power plant in South […] The post Last Energy to Repurpose Welsh Coal Plant Site with 80-MW Micro-Nuclear Fleet appeared first on POWER Magazine.
Google Bets Big on Nuclear: Inks Deal with Kairos Power for 500-MW SMR Fleet to Power Data Centers
In a deal that marks the first corporate agreement to deploy multiple small modular reactors (SMRs) in the U.S., Kairos Power and Google have signed a Master Plant Development Agreement […] The post Google Bets Big on Nuclear: Inks Deal with Kairos Power for 500-MW SMR Fleet to Power Data Centers appeared first on POWER Magazine.
Offshore Wind Milestone: China’s Dongfang Unveils 26-MW Turbine
Chinese state-owned manufacturer Dongfang Electric announced the company has completed production of a 26-MW offshore wind turbine, continuing a trend of ever-more-powerful turbines from that country. The turbine’s nacelle, shown […] The post Offshore Wind Milestone: China’s Dongfang Unveils 26-MW Turbine appeared first on POWER Magazine.
How the Presidential Election Could Impact Renewable Energy Tax Credits
President Biden signed the Inflation Reduction Act (IRA) into law in 2022. The IRA is the largest public investments in renewable energy in American history and created more than 20 […] The post How the Presidential Election Could Impact Renewable Energy Tax Credits appeared first on POWER Magazine.
The Other Side of Safety—Litigation and the Expert Witness
What happens when you suffer a catastrophic injury at work and can’t continue in your career? Workers compensation begins. Those payments last until you reach the maximum medical improvement point. […] The post The Other Side of Safety—Litigation and the Expert Witness appeared first on POWER Magazine.
3 Steps for Utility Companies to Get Started with Undergrounding
The U.S. electric grid is under more strain than ever to support exponential electricity demand due to artificial intelligence (AI), data centers, electric vehicles, and hotter temperatures. Its infrastructure is […] The post 3 Steps for Utility Companies to Get Started with Undergrounding appeared first on POWER Magazine.