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Years of rapid growthdriven by exponentially falling costs and rising demandare running up against global supplychain instability, geopolitical tensions, and structural vulnerabilities in the latest module designs.
Among groups […] The post UK Companies See Major Opportunity in Nuclear SupplyChain appeared first on POWER Magazine. The UK government has ambitions for 24 GW of nuclear energy by 2050 to help in providing energy security for the UK and for meeting its net-zero goals.
Department of Energy (DOE) has issued a Notice of Intent (NOI) to fund a $32 million Bipartisan Infrastructure Law program supporting front-end engineering design (FEED) studies to produce rare earth elements (REE) and other critical minerals and materials (CMM) from domestic coal-based resources.
The potential impact of material price volatility is discussed in IDTechEx‘s report ‘The Li-ion Battery SupplyChain 2020-2030.’ […]. The post IDTechEx Publishes Report on Lithium-Ion SupplyChain appeared first on NGT News.
WindSafe was engineered from the ground up using our oil and gas expertise and shaped in close collaboration with wind industry stakeholders. This collaboration marks a defining moment, not only for Fennex, but for how the offshore wind sector approaches safety in the digital era,” said Nassima Brown, Director at Fennex.
Whether it’s fueling furnaces for domestic steel production, supplying steam for precision manufacturing, or running kilns and foundries, natural gas keeps the defense supplychain operating at full capacity. For a military built to project power globally, assured energy supply at home is a prerequisite.
Independent benchmarking will be provided by MPR Associates , recognized experts in nuclear engineering and enrichment systems, to compare performance against leading enrichment technologies. Oklo contributes a deployment-focused reactor pipeline along with leadership in the fuel cycle and engineered real-world systems.
The Tennessee Valley Authority (TVA) has for many years been evaluating emerging nuclear technologies, including small modular reactors, as part of technology innovation efforts aimed at developing the energy system […] The post TVAs Clinch River Nuclear Power Project: Where Things Stand Today appeared first on POWER Magazine.
power infrastructure—the intricate physical fabric that laces together generation, transmission, and distribution—is under intensifying strain. Outdated and overextended, it must now absorb relentless growth from electrification and data centers […] The post Out of Sync: The Infrastructure Misalignment Undermining the U.S.
In the proverbial shadow of the Naughton Power Plant, a station in Kemmerer, Wyoming, that will stop burning coal at the end of this year, TerraPower is constructing what it calls “the only advanced, non-light-water reactor in the Western Hemisphere being built today.”
It aligns with the Offshore Energies UK (OEUK) SupplyChain Principles and the objectives of environmental, social, and governance (ESG) reporting. The shared asset scheme enhances supplychain efficiency, enabling operators to access needed components quickly. The Legacy Locker is a unique amalgamation of services.
It aligns with the Offshore Energies UK (OEUK) SupplyChain Principles and the objectives of environmental, social, and governance (ESG) reporting. The shared asset scheme enhances supplychain efficiency, enabling operators to access needed components quickly. The Legacy Locker is a unique amalgamation of services.
Today’s funding can help unlock long-term secure jobs in manufacturing, engineering, and the wider energy supplychain. Developing a strong hydrogen sector is critical to our industrial future, and the UK’s oil and gas supplychain has the skills and capabilities to accelerate progress.”
They seek cost-effective solutions while maintaining the quality and reliability of the supplychain. Read More Production Engineer Contact List – CA Production Engineers need to balance technical expertise, operational efficiency, and safety measures to ensure the optimal and sustainable production of.
Making better use of existing technology can deliver serious returns—by increasing production, streamlining the supplychain, or reducing engineering time.
“His appointment brings world class private sector experience to Great British Energy, with the former Chief Executive of RenewableUK and CEO of Siemens Engines now leading the UK’s publicly owned clean power revolution,” the UK government release stated. “This includes announcing GBP 1 billion ($1.36
THREE60 Energy, a global life cycle solutions company specialising in engineering, operations and systems, has announced its financial results for the year ending 31 December 2024; last year was the strongest year of growth to date with revenue increasing by 36% year-on-year to £181.7 million, while EBITDA rose by 82% to £11.3
Construction of Hermes, Kairos Power’s 35-MWth iterative non-power demonstration molten salt nuclear reactor, has officially kicked off in Oak Ridge, Tennessee. The effort marks another major step for the burgeoning advanced […] The post Another Fourth-Generation Nuclear Reactor Begins Construction in the U.S.
Engineering, procurement, and construction (EPC) contracts are agreements in which a contractor is given major project responsibilities under a single contract established with an owner or developer. A The post How to Get the Most Out of EPC Contracts appeared first on POWER Magazine.
There is no room for missteps, miscommunication, or misunderstandings when it comes to nuclear maintenance. It demands precision, speed, and accountability. The tools and systems used during outages must function flawlessly, because when they don’t, the cost is more than money—it’s exposure, downtime, and slipping maintenance schedules.
The White House has unveiled a suite of new measures aimed at slashing risks associated with new nuclear reactor development and construction, underscoring its policy push to champion nuclear. At […] The post White House Launches Initiatives to Bolster New Nuclear Deployments appeared first on POWER Magazine.
A recent survey by McKinsey and Aviation Week of more than 135 companies found that broader commercial-aviation supplychain respondents were less confident about the business case for a next-generation single-aisle (NGSA) aircraft. Half of those surveyed anticipate EIS by 2034 or later.
In a joint statement, the companies said the combination brings together complementary portfolios, services, and supplychain solutions. Image by nuttapong punna via iStock DNOW Inc. has agreed to buy MRC Global Inc. in an all-stock transaction valued $1.5 billion, creating a premier energy and industrial solutions provider.
If you have paid any attention to nuclear power plant construction projects over the years, you know that there is a long history of cost overruns and schedule delays on […] The post Improving Nuclear Plant Construction Processes: How to Build Projects More Efficiently appeared first on POWER Magazine.
The financial close allows the Liverpool Bay CCS project to move into the construction phase, unlocking key investments in supplychain contracts, the majority of which will be spent locally. We are making the UK energy secure so we can protect families and businesses and drive jobs through our Plan for Change.
Marking a significant inroad to establish a South Korean foothold in the world’s gas turbine technology market, heavy industrial company Doosan Enerbility this summer began commercial operation of its first The post South Korea’s First ‘K-Gas Turbine’ Begins Commercial Operation appeared first on POWER Magazine.
AI in Logistics and SupplyChain Management The oil and gas sector relies on complex supplychains, and AI is transforming logistics management. AI-driven algorithms optimize transportation routes, monitor inventory levels, and predict supplychain disruptions before they occur.
This achievement highlights the capability of local Iraqi logistics companies to handle large-scale investments, offering expertise in supplychain solutions, government regulations, trade compliance, and fast, reliable transport.
Scientists and engineers have been scrambling to recreate and harness nuclear fusion since the theory was first understood in the 1930s. Advocates say the technology, which is the process that powers the sun and stars, can play a pivotal role in the energy transition.
This is whatâs known as range anxiety ; it encompasses the unease that can surface for the driver because of an electric vehicleâs (EV) limited driving distance (at least, compared with an internal-combustion-engine (ICE) vehicle), a lack of convenient charging stations, and the need to recharge frequently.
Plan: Use Direct Lithium Extraction (DLE) for EV and grid storage supplychains Competitive advantage: Fluid handling expertise from oil & gas operations Lithium demand is expected to quadruple by 2030—and Chevron wants in early. Powering AI Data Centers with Natural Gas Chevron is teaming up with GE Vernova and Engine No.
was one of the world leaders in solar equipment manufacturing a few decades ago, but then the Chinese stole the show. Now, however, American companies are finding a lot of new opportunities as a The post Federal Policies and Incentives Drive Demand for American-Made Solar Power Modules appeared first on POWER Magazine.
NesmaKent was formed to support the execution of Saudi Aramcos EPC projects within the industrial sector, integrating local expertise with global engineering standards. NesmaKent JV specialises in EPCM services, sustainability-driven solutions, and advanced digital execution technologies.
Tattva Group has announced a 2 million investment in Project Development International (PDi), signalling a strategic push to expand its footprint in the North Sea, with a particular focus on engineering and procurement services to support operations and decommissioning.
“After years of tight supply and wild price swings in the global gas market, there are signs of something different: too much of a good thing.” Projects from North America to the Middle East mainly were approved before the pandemic. Yet now, Asian buyers are delaying long-term deals in anticipation of better terms.
Massive amounts of them sit inside supplychains and transactions, just needing a spark to unleash their transformative power. The business problem we’re trying to solve for is the ever-present, IT-caused inefficiencies that run the entire length of the oil and gas supplychain. Vertrax knows something about this.
âmainly in the fields of marketing (powering capabilities such as personalized email targeting and customer segmentation), sales (lead scoring), and supplychain (inventory optimization and demand forecasting). Yet AI was largely the domain of experts. As a result, adoption across the rank and file tended to be slow.
The process includes 3D scanning, capturing design data, generating engineering documentation, and preparing order-ready parts through on-demand manufacturing. Supplychain resilience: Multiple sourcing options and production routes enhance supplychain security, mitigating potential disruptions.
Oil and gas produced within the UK Continental Shelf pays taxes, supports jobs and the wider national supplychain including manufacturing, engineering and service firms. Ends The post OEUK welcomes restarting of approval process for North Sea oil and gas projects appeared first on Offshore Energies UK (OEUK).
It requires careful planning, advanced equipment, and a highly coordinated supplychain. Triple-frac takes it a step further by completing three wells at once using a shared set of frac spreads, pumps, and power systems. Whats Next? Triple-frac still isnt mainstream.
CPG organizations could see the greatest impact from technology, given the potential for gen AI and other automation tools to optimize these companiesâ manufacturing and supplychains. For restaurants, the automation of back-of-house operations could make this subsector ripe for tech advancements as well.
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