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Talen Energy has reached an agreement with PJM Interconnection, the Maryland Public Service Commission, Maryland electric utilities, consumer representatives, and the Sierra Club to extend operations at its 1.3-GW coal-fired […] The post Talen, PJM Reach Agreement to Keep 2 GW of Coal, Oil Generation Online for Reliability in Maryland appeared first on POWER Magazine.
(Left to right: Leigh Hackett, Chairman of Metafuels, Marco Ranocchiari, Leader of Energy Systems Integration platform, Paul Scherrer Institute, Gaurav Sharma, Energy Analyst, Oilholics Synonymous, Saurabh Kapoor, CEO of Metafuels at the Aerobrew pilot plant and laboratory.) Last month, the Oilholic headed out to the Paul Scherrer Institute in Wrenlingen, Switzerland, to visit a laboratory and pilot site run by start-up firm Metafuels.
In the face of escalating climate challenges, renewable energy asset owners come to a critical crossroads: invest in resilient, hardened assets or opt for standard equipment to minimize upfront costs. […] The post Examining the Real Cost of Renewable Resiliency appeared first on POWER Magazine.
The massive US and worldwide transportation sectors are fueled mostly by crude oil. Although ethanol and compressed natural gas (CNG) have grown to 6% and 2%, respectively of the US total, gasoline, diesel, and jet fuel account for more than 90% with very little from electric vehicles (EVs) using electricity or fuel cell vehicles (FCVs) using hydrogen.
PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJMs capacity market pricing, agreeing to lower the grid operators auction price cap from over $500/MW-day to $325/MW-day. […] The post PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap appeared first on POWER Magazine.
Written by Marc Published January 30, 2025 Written by Marc Published January 30, 2025 EV Fleet Management and V2G for Fleet Managers EV Fleet Management and V2G could transform how businesses optimize vehicle operations and interact with the energy grid. Enabling fleets with vehicle-to-grid solutions can unlock cost savings, enhance grid stability, and drive a more sustainable energy future.
The new artificial intelligence (AI) model from China called DeepSeekcreated a stock market meltdownon Monday, with the Nasdaq composite dropping 3% and the S&P 500 falling 1.5%. Beyond hammering the […] The post DeepSeek Launch Should Prompt AI Security Reviews Across the Nuclear Industry appeared first on POWER Magazine.
The Solar Energy Industries Association (SEIA) published a white paper outlining the industry group’s vision for U.S. energy storage, setting a target to install 10 million distributed energy storage sites […] The post Solar Trade Group’s Plan: 700 GWh of Energy Storage by 2030 appeared first on POWER Magazine.
The broader market reaction to the new R1 AI model from DeepSeek extended into U.S. natural gas, analysts at Standard Chartered Bank said in a report sent to Rigzone.
PT Pertamina let a contract to ABL Group ASA to deliver services for a project to improve asset management and maintenance for a modernization program at PT KPI's Cilacap complex in Central Java.
'Our entry into Vietnam is highly complementary to EnQuest's well-established and high-performing Malaysia business and significantly enhances the scale of our operations and opportunity in South East Asia'.
Climate Central: "Year of the Glacier." I like the bar chart because it starts in my birth year, but lament it for not incorporating 2024 data, almost certainly because of the lag time in accruing all the data. "2025 marks the International Year of Glaciers' Preservation, a United Nations-led initiative to raise awareness about the critical role of glaciers and the urgent.
Maverick Natural Resources has operations in Texas and Oklahoma Diversified Energy (DEC) has agreed to acquire Maverick Natural Resources, a private-equity-backed oil and gas producer, in a deal valued at approximately $1.3 billion, including debt. The agreement, finalized on Monday. Upon completion, the merged entity will hold an enterprise value of roughly $3.8 billion, factoring in Diversified Energys assumption of $700 million in Mavericks outstanding debt.
The global bioplastics production will more than triple over the next five years (2021-2026), from around 2.4 million tons in 2021 to 7.5 million tons in 2026, according to market data compiled by European Bioplastics. The development of biodegradable, biobased polymers and plastics from renewable sources such as plants, animals, and microorganisms are gaining engrossing attention nowadays as.
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