Renewable Energy, Electrification Big Winners in Inflation Reduction Act

Credit to Author: Darrell Proctor| Date: Fri, 12 Aug 2022 22:28:12 +0000

The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction Act (IRA). The bill, which now heads to President Joe Biden for his signature, includes major provisions to combat climate change, including support for a variety of clean energy […]

The post Renewable Energy, Electrification Big Winners in Inflation Reduction Act appeared first on POWER Magazine.

Read more

AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head

Credit to Author: Sonal Patel| Date: Fri, 12 Aug 2022 16:33:38 +0000

American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]

The post AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head appeared first on POWER Magazine.

Read more

Top Coal Firm in World Cashing in on Global Energy Crisis

Credit to Author: Nexus Media| Date: Wed, 10 Aug 2022 21:50:20 +0000

coalGlencore, the world’s largest coal shipper, is cashing in on the global energy crisis to the tune of nearly $9 billion in the first six months of 2022, and plans to pay out more than half — $4.45 billion — to shareholders in dividends and buybacks. The Switzerland-based trader on Tuesday reported a first half […]

Read more

U.S. Energy Production Declined by Record Amounts in Several States in 2020

Credit to Author: U.S. Energy Information Administration| Date: Tue, 09 Aug 2022 12:50:57 +0000

In 2020, energy production in the United States fell by record amounts compared with 2019, mostly as a result of decreased economic activity during the COVID-19 pandemic. Wyoming had the largest drop in total energy production among the states, decreasing by 1,264 trillion British thermal units, mostly due to decreased coal production. Seven states saw their largest […]

Read more

Group: EPA’s Coordinated Regulatory Assault on Coal Power Could Push Retirements Beyond 86 GW by 2030

Credit to Author: Sonal Patel| Date: Thu, 04 Aug 2022 19:30:38 +0000

The Environmental Protection Agency (EPA) is readying a regulatory sweep targeting more stringent limits on traditional pollutants that could accelerate coal power plant closures. A coal generation trade group estimates that even without new rules, an estimated 86 GW of coal generation is slated to retire by 2030. While the Supreme Court in June curtailed […]

The post Group: EPA’s Coordinated Regulatory Assault on Coal Power Could Push Retirements Beyond 86 GW by 2030 appeared first on POWER Magazine.

Read more

Group: EPA’s Coordinated Regulatory Assault on Coal Power Could Push Retirements Beyond 86 GW by 2030

Credit to Author: Sonal Patel| Date: Thu, 04 Aug 2022 19:30:38 +0000

The Environmental Protection Agency (EPA) is readying a regulatory sweep targeting more stringent limits on traditional pollutants that could accelerate coal power plant closures. A coal generation trade group estimates that even without new rules, an estimated 86 GW of coal generation is slated to retire by 2030. While the Supreme Court in June curtailed […]

The post Group: EPA’s Coordinated Regulatory Assault on Coal Power Could Push Retirements Beyond 86 GW by 2030 appeared first on POWER Magazine.

Read more

World 1st: Tesla Batteries Providing Inertia Services At Scale

Credit to Author: Zachary Shahan| Date: Tue, 02 Aug 2022 02:37:21 +0000

Tesla Megapack battery storageLet’s start with the ABCs: what are inertia services on an electricity grid? Even before that, what is inertia in a grid setting? Most of us should remember “inertia” from our younger years in primary school. Inertia is an object’s natural inclination to just keep moving (if it weren’t for friction) or just keep sitting […]

Read more

A Japanese Project Demonstrates a Carbon Neutrality Pathway for Coal Power

Credit to Author: Sonal Patel| Date: Mon, 01 Aug 2022 04:20:00 +0000

Osaki CoolGen Corp.’s complex three-phase demonstration project in Hiroshima Prefecture seeks to achieve highly efficient coal-fired power generation with near-zero emissions by integrating carbon

The post A Japanese Project Demonstrates a Carbon Neutrality Pathway for Coal Power appeared first on POWER Magazine.

Read more

Shanghaimiao Part of China’s Push for More Efficient Coal Plant Designs

Credit to Author: Darrell Proctor| Date: Mon, 01 Aug 2022 04:19:00 +0000

China’s rapid buildout of new power plants, needed to satisfy the country’s increasing demand for electricity, includes several gigawatts of coal-fired generation. The first 1-GW unit of an eventual 4-GW

The post Shanghaimiao Part of China’s Push for More Efficient Coal Plant Designs appeared first on POWER Magazine.

Read more

Holtec Unveils Green Boiler Designed to Repurpose Coal Plants

Credit to Author: Sonal Patel| Date: Mon, 01 Aug 2022 04:15:38 +0000

Holtec International, an equipment provider that specializes in the design and manufacture of parts for nuclear reactors, in May unveiled a “green boiler” technology that is designed to repurpose existing

The post Holtec Unveils Green Boiler Designed to Repurpose Coal Plants appeared first on POWER Magazine.

Read more