The Tennessee Valley Authority (TVA) said three new natural gas–fired units entered commercial operation on Dec. 31 at the Paradise Combined Cycle Plant near Drakesboro, Kentucky (Figure 1). “Natural gas […] The post Three Combustion Turbines Added to TVA’s Paradise Site, More to Come at Other Locations appeared first on POWER Magazine.
GE Vernova, Iberdrola Mexico Bring New Gas-Fired Plant Online
Mexico’s expansion of its power generation capacity, particularly from natural gas, continues as GE Vernova and Iberdrola Mexico on Jan. 3 announced the start of commercial operation of the 766-MW […] The post GE Vernova, Iberdrola Mexico Bring New Gas-Fired Plant Online appeared first on POWER Magazine.
Iberdrola Terminates $8 Billion Deal to Acquire New Mexico Utility
Avangrid, the U.S.-based unit of Spanish energy giant Iberdrola, said it has terminated its planned acquisition of New Mexico utility PNM Resources after failing to receive final approval for the […] The post Iberdrola Terminates $8 Billion Deal to Acquire New Mexico Utility appeared first on POWER Magazine.
China Increasing Coal Use to Produce Ethanol
State-run media in China reported that a facility there has begun testing production of ethanol through the use of coal, rather than using crops such as corn or sugar cane […] The post China Increasing Coal Use to Produce Ethanol appeared first on POWER Magazine.
What Is ERCOT and What Does It Do?
To understand what the Electric Reliability Council of Texas (ERCOT) is, it helps to understand how the North American electric power system is configured. The contiguous U.S. is comprised of […] The post What Is ERCOT and What Does It Do? appeared first on POWER Magazine.
Treasury’s Proposed Clean Hydrogen PTC Rule Disappoints Power Industry
The Department of the Treasury has released proposed regulations and guidance defining a tax credit for the production of “clean hydrogen,” a significant supply-side incentive that is part of the […] The post Treasury’s Proposed Clean Hydrogen PTC Rule Disappoints Power Industry appeared first on POWER Magazine.
2023: A Transformative Year for Small Modular Nuclear Reactors
The small modular reactor (SMR) concept has long been viewed by many within the nuclear sector and by policymakers as somewhat of an arriviste—an upstart with bold promises but lacking […] The post 2023: A Transformative Year for Small Modular Nuclear Reactors appeared first on POWER Magazine.
India’s Adani Group Announces $1 Billion Investment in Renewable Energy
India’s Adani Group announced more development of renewable energy, with the company on Dec. 27 saying its Adani Green Energy arm has received $300 million for the transfer of a […] The post India’s Adani Group Announces $1 Billion Investment in Renewable Energy appeared first on POWER Magazine.
RWE Buying Offshore Wind Projects from Vattenfall in $1.2 Billion Deal
Germany-based RWE, among the world’s leading companies in development of offshore wind energy, said it will acquire three major projects off the East Anglia coast of the UK from Sweden’s […] The post RWE Buying Offshore Wind Projects from Vattenfall in $1.2 Billion Deal appeared first on POWER Magazine.
FERC Approves CAISO Day-Ahead Market Enhancements, EDAM Proposals
The Federal Energy Regulatory Commission (FERC) has unanimously approved the California Independent System Operator’s (CAISO’s) Day-Ahead Market Enhancements (DAME) and Extended Day-Ahead Market (EDAM) proposal, effectively allowing new market options […] The post FERC Approves CAISO Day-Ahead Market Enhancements, EDAM Proposals appeared first on POWER Magazine.