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You may have heard of the Tennessee Valley Authority (TVA), our nations largest public utility and source of cheap, clean, and reliable electricity for 10 million people. You may even […] The post America’s Nuclear Renaissance: How the TVA Can Lead Our Energy Future appeared first on POWER Magazine.
Since 2019, Germany’s Climate Protection Act has had aimed to reduce Germany’s carbon emissions to zero by 2045. The incoming new government has to adhere to this law. Will it though? Credits: MDV Edwards, All rights reserved.
This year will see the highest amount of new oil supply in a decade, according to data analyzed by Raymond James that showed projected global additions of nearly 3 million barrels daily. But only if the price is right. Bloomberg reported the Raymond James figures, noting projects such as the giant Tengiz field in the Kazakh section of the Caspian Seaone of the largest oil discoveries in modern timesand the Bacalhau field in Brazil, which has an estimated potential of 1 billion barrels of oil equ
Demand-side flexibility, which is the ability to shift or shed electricity consumption during peak times, is an underestimated but critical part of expanding clean power systems. The post Demand-side flexibility: A key to cheap clean power appeared first on Energy Voice.
The Pennsylvania Department of Environmental Protection (DEP) continues to aid and abet radical environmental groups in circumventing the state legislature. In what amounts to a classic leftist sue-and-settle case, last year radical environmental groups (including the Clean Air Council and Environmental Integrity Project) petitioned the state Environmental Quality Board (EQB), asking the board to amend.
(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. The IEA famously said in 2021 that no investments in new oil and gas fields are needed if the world has a chance to reach net-zero emissions by 2050.
The U.S. Department of Energy (DOE) has reissued a $900 million funding opportunity to accelerate deployment of Generation III+ small modular reactors (SMRs), removing community benefit requirements and shifting the […] The post DOE Reissues $900M Nuclear SMR Opportunity, Scraps Community Criteria to Focus on Technical Merit appeared first on POWER Magazine.
The European Commission has unveiled its new strategy to make EU industries more competitive with cheap energy. Does this mean the bloc will go full speed ahead in terms of building more wind farms and solar power plants? Jörg Mühlenhoff looks into what the details of the Clean Industrial Deal mean for Europe’s energy transition. Credits: Miha Creative | Shutterstock, All rights reserved.
The European Commission has unveiled its new strategy to make EU industries more competitive with cheap energy. Does this mean the bloc will go full speed ahead in terms of building more wind farms and solar power plants? Jörg Mühlenhoff looks into what the details of the Clean Industrial Deal mean for Europe’s energy transition. Credits: Miha Creative | Shutterstock, All rights reserved.
Exxon is planning to boost its oil production regardless of where international oil prices are heading. This comes from a senior company executive who spoke to Semafor this week. It also likely reflects the sentiment across the supermajor segment of the energy industry. After all, thats what the consolidation drive was all about. Exxon announced its plan to take over one of the biggest operators in the shale patch, Pioneer Natural Resources, in late 2023.
In 1834 Jean Charles Peltier, a French watchmaker and part-time physicist, found that an electrical current would produce heating or cooling at the junction of two dissimilar metals. The post Heat pumps could be set for a revolution appeared first on Energy Voice.
For more than 13 years MDN has harped on the fact that groups like Trout Unlimited are filled with extremist anti-drillers (see our article Anti-Drilling Close-up: Trout Unlimited from October 2012). In February 2014, a national organization aimed a spotlight on Trout Unlimited and several other so-called conservation groups (see Trout Unlimited, Other Groups Outted.
German multinational chemical company BASF has commissioned that country's largest proton exchange membrane (PEM) electrolyzer. The company said the 54-MW facility will have an annual capacity of as much as 8,000 metric tons of hydrogen. The post BASF Commissions Electrolyzer for Major German Hydrogen Production Project appeared first on POWER Magazine.
One week after a catastrophic fire at the North Hyde electrical substation plunged the UKs flagship Heathrow Airport into chaos, questions are mounting about what went wrongand what the incident […] The post Heathrow Airport Transformer Fire Prompts Urgent Inquiry, Exposes Cracks in Grid Resilience appeared first on POWER Magazine.
Dominion Energy has asked Virginia officials to approve its request to build a new 1-GW natural gas-fired power plant, as the company seeks to add more generation capacity to help serve surging demand from data centers. The post Dominion Seeks Virginia Approval for 1-GW Gas-Fired Power Plant appeared first on POWER Magazine.
Maryland lawmakers have introduced a bill in the state legislature that sponsors say would provide an easier path to build new power plants, including natural gas-fired facilities, and lower utility bills for ratepayers as part of the process. The post Maryland Officials Support Gas Plants Among Cleaner Forms of Generation appeared first on POWER Magazine.
A virtual power plant (VPP) is a network of decentralized, small- to medium-scale power generating units, flexible power consumers, and storage systems that are aggregated and operated as a single […] The post How Virtual Power Plants Enhance Grid Operations and Resilience appeared first on POWER Magazine.
From the Midwest to the South, the U.S. has experienced dangerous cold snaps this winter that challenge grid operators to meet rising heating demands. These temperature extremes are driven in […] The post Leveraging VPPs to Prepare Utilities for Extreme Weather appeared first on POWER Magazine.
An India-based company said it has started commercial operation of a 1,200-MW natural gas-fired power plant in Malaysia, part of a buildout of power generation capacity as that country's population grows and its economy expands. The post GE Vernova Turbines Powering New 1.2-GW Gas-Fired Plant in Malaysia appeared first on POWER Magazine.
Recognizing their desirable attributes and long-term potential to meet data center demands for power, several technology companies have announced their intention to team up with nuclear developers. At the same time, three companies with shuttered nuclear plants have notified the U.S. Nuclear Regulatory Commission of their plans to restart those facilities, which were closed for economic reasons.
LS Power, a development, investment, and operating company focused on the North American power and energy infrastructure sector, on March 14 announced it has applied to build about 700 MW of new generation supply as part of PJM's Reliability Resource Initiative (RRI), which is designed to expedite connecting shovel-ready, high-reliability projects to the grid.
Technology company Cisco is among the groups involved in six virtual power purchase agreements (VPPAs) to secure energy from two solar power plants being developed in Texas. The post Corporate Buyers Sign Deals With Texas Solar Energy Projects appeared first on POWER Magazine.
South African officials will allow some of the country’s coal-fired power plants to operate without the need to adhere to regulations on carbon and other emissions. The move comes as […] The post South Africa Grants Emissions Exemptions to Coal-Fired Plants in Effort to Avoid Blackouts appeared first on POWER Magazine.
In a hearing that underscored the mounting challenges facing the American power sector, industry leaders warned Congress that the nations power infrastructure is approaching a precarious juncture as unprecedented demand […] The post Lawmakers Scrutinize Power Sector’s Future as Surging Demand Raises Alarms appeared first on POWER Magazine.
Advanced nuclear firm Oklo has signed an Interface Agreement (IAG) with Idaho National Laboratory (INL), marking a key regulatory milestone in the siting and environmental review of its first commercial […] The post Oklo Advances Siting, On Track for Aurora Nuclear Fast Reactor Deployment at INL in 2027 appeared first on POWER Magazine.
The energy industry is undergoing a significant transformation, driven by advancements in digital technology and the ever-growing need for real-time data analytics. As energy companies look to modernize their operations, […] The post How Hybrid Cloud and Edge Computing are Transforming the Energy Sector appeared first on POWER Magazine.
Net-demand energy forecasts are critical for competitive market participants, such as in the Electric Reliability Council of Texas (ERCOT) and similar markets, for several key reasons. For example, accurate forecasting […] The post AI-Powered Energy Forecasting: How Accurate Predictions Could Save Your Power Company appeared first on POWER Magazine.
The increasing reliance on battery-powered devices plays a substantial role in the unfolding environmental crisis. With industries and consumers dependent on single-use and rechargeable batteries, the global waste problem continues to escalate. Lithium-ion batteries, while effective, contribute significantly to environmental degradation due to resource extraction, manufacturing emissions, and disposal challenges.
U.S.-based energy tech company Baker Hughes is joining with Australia's Woodside Energy in an initiative to develop a lower-carbon power generation technology solution specifically designed for oil and gas, heavy industries, and other smaller-scale applications. The post Baker Hughes, Woodside Energy Developing Decarbonization Solution Utilizing NET Power Platform appeared first on POWER Magazine.
An Ohio town known as a hub for the burgeoning data center industry may soon have one or more new natural gas-fired power plants to support the area's need for energy. The post More Natural Gas-Fired Plants Planned to Support Ohio Data Centers appeared first on POWER Magazine.
India Prime Minister Narendra Modi recently reiterated his pledge to more than double his country’s current renewable energy capacity, telling delegates to the India Energy Week 2025 conference in New Delhi The post India Continues to Expand Renewable Energy Resources appeared first on POWER Magazine.
Five years after an Exxon-led consortium produced the first oil offshore Guyana, the country is pumping more than 600,000 barrels per day (bpd) of crude and has become South Americas fifth-largest oil exporter. Guyana and ExxonMobil expect oil production to jump to 1.3 million bpd by 2030, which would double the current output volumes. With higher production came a surge in Guyanas crude oil exports in recent years.
After more than a decade of relentless drilling in the top U.S. oil-producing basin, the Permian, some areas have hit geological limits while others, yet to be drilled, are not expected to be as prolific as the prime Tier 1 acreage that producers have started to exhaust. Top executives at major shale firms have already expressed opinions that Permian oil production could hit its peak as early as the end of this decade.
Ever since BP admitted that its attempt to go green had ended in a disaster, the flow of news from the energy industry has been in one single direction: back to oil and gas, which make money. Indeed, Big Oil has finally accepted it will not transform into Big Green Power and has gone back to what it does best: hydrocarbons. In late February, when it made its very unsurprising admission, BP said it would boost spending on oil and gas production by 25% annually while slashing investments in transi
The world is re-embracing nuclear energy after decades of decline, driven by technological advances and the need to keep pace with growing energy demand fueled by the tech sector without compromising climate goals. The world is now on track to produce more nuclear energy than ever before in 2025, and the International Energy Agency (IEA) predicts an all-out nuclear renaissance.
Shale titan Harold Hamm isnt mincing wordsif oil prices stay this low, drilling in some of Americas prized shale fields could grind to a halt. Speaking at CERAWeek in Houston, the Continental Resources founder warned that with oil hovering near $65 a barrel, many U.S. fields are already on shaky ground. When you get below the cost of supply, you cant drill, baby, drill, Hamm told Bloomberg.
January U.S. crude oil production was down 305,000 barrels per day, hitting 13.15 million bpd, a level it hasnt dipped down to in over a year, according to data released by the U.S. Energy Information Administration (EIA) on Monday, also revising its December estimate downward by around 40,000 barrels, to 13.45 million bpd. The top producer, Texas, saw a decline of 105,000 bpd, sitting at 5.58 billion bpd and its largest decline in 15 months, while the countrys number two producer, New Mexico, s
The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston. The IEA famously said in 2021 that no investments in new oil and gas fields are needed if the world has a chance to reach net-zero emissions by 2050.
American and Vietnamese companies signed this week several agreements in the energy and minerals sectors estimated to be worth $4.15 billion, as the Southeast Asian country looks to avoid U.S. tariffs and boost cooperation with U.S. firms. Vietnams Trade Minister Nguyen Hong Dien visited the United States this week and held talks with the US Trade Representative Jamieson L.
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