Project to Outfit Natural Gas Power Plant with Carbon Capture Gets Investor Boost

Credit to Author: Sonal Patel| Date: Thu, 02 Apr 2020 15:02:08 +0000

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A project to outfit an existing natural gas power plant with a “large-scale” carbon capture facility got its legs on April 2 with the finalization of key investment agreements. Private equity investment firm Starwood Energy Group Global and global investment fund OGCI Climate Investments announced Thursday they had finalized agreements to co-invest in the initial […]

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NERC: Power Industry ‘Well-Prepared’ for COVID-19, Aggressively Confronting Pandemic Threats

Credit to Author: Sonal Patel| Date: Thu, 02 Apr 2020 14:22:57 +0000

The post NERC: Power Industry ‘Well-Prepared’ for COVID-19, Aggressively Confronting Pandemic Threats appeared first on POWER Magazine.

Industry responses to a Level 2 alert on contingency planning issued by the North American Electric Reliability Corp. (NERC) early last month suggest the “vast majority” of registered participants in the North American bulk power system are well prepared for the COVID-19 crisis.  NERC, the interconnected bulk power system’s Electric Reliability Organization (ERO), has underscored […]

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Natural Gas a Powerful Force, Despite Industry Headwinds

Credit to Author: Darrell Proctor| Date: Wed, 01 Apr 2020 16:06:00 +0000

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Gas prices remain low worldwide, and the challenge for producers is to find a market for their supply. Gas remains the No. 1 source of U.S. power generation, and will continue in that spot for several more

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COVID-19 Threatens Outages Scheduled at 97% of U.S. Nuclear Sites in 2020

Credit to Author: Sonal Patel| Date: Fri, 27 Mar 2020 04:00:54 +0000

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Challenged by the COVID-19 pandemic, the U.S. nuclear industry has asked the Trump administration to ensure nuclear workers, suppliers, and vendors will have access to nuclear plants and personal protective equipment (PPE) during the 2020 spring and fall refueling outage seasons and beyond. All but two of the nation’s nuclear sites had scheduled planned outages  […]

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Sole U.S. Uranium Conversion Plant Secures NRC License Renewal

Credit to Author: Sonal Patel| Date: Thu, 26 Mar 2020 15:45:29 +0000

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Honeywell International’s uranium conversion plant in Metropolis, Illinois, has received the Nuclear Regulatory Commission’s (NRC’s) approval to run for 40 more years. The approval for the nation’s sole conversion facility is key to ensure it can continue supplying  uranium hexafluoride (UF6), a basic component of enriched nuclear fuel used in commercial nuclear power reactors. The […]

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COVID-19 Threatens Outages Scheduled at 97% of U.S. Nuclear Plants in 2020

Credit to Author: Sonal Patel| Date: Thu, 26 Mar 2020 15:43:54 +0000

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Challenged by the COVID-19 pandemic, the U.S. nuclear industry has asked the Trump administration to ensure nuclear workers, suppliers, and vendors will have access to nuclear plants and personal protective equipment (PPE) during the 2020 spring and fall refueling outage seasons and beyond. In a March 20 letter to Energy Secretary Dan Brouillette, Nuclear Energy […]

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Gas-Heavy ISO-New England Braces for Steep Influx of Wind, Solar, Storage

Credit to Author: Sonal Patel| Date: Thu, 12 Mar 2020 13:50:16 +0000

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While it is currently highly dependent on natural gas generation today, about 95% of ISO-New England’s (ISO-NE’s) interconnection request queue—a proposed total capacity of 20.9 GW—comprises wind, solar, and battery projects. That clearly indicates that developers in New England’s wholesale market “are looking to take advantage of state incentives, declining technology costs, and revenues from […]

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Exclusive: Why Oklo’s Demonstration of HALEU Could Be Groundbreaking for New Nuclear

Credit to Author: Sonal Patel| Date: Thu, 20 Feb 2020 15:06:59 +0000

The post Exclusive: Why Oklo’s Demonstration of HALEU Could Be Groundbreaking for New Nuclear appeared first on POWER Magazine.

In an exclusive interview, executives from Silicon Valley–based Oklo, a company Idaho National Laboratory (INL) chose this week to demonstrate the first-of-its-kind use of recycled high-assay, low-enriched uranium (HALEU) fuel in its full-size Aurora micro-reactor, told POWER that the project could have broad implications for the future of nuclear power. Marking a significant boost for […]

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ITC Probing Economic Impact of Renewable Goals, Imports to New England

Credit to Author: Sonal Patel| Date: Wed, 19 Feb 2020 13:28:09 +0000

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Responding to a request from a Democrat-led U.S. House committee, the federal International Trade Commission (ITC) is investigating how New England’s increasing renewable targets are economically affecting the region, and what role renewable imports play in meeting those commitments. The ITC, an independent, nonpartisan and quasi-judicial federal agency that also provides fact-finding as it relates […]

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Engineering Group: American Gas Turbines Will Remain Relevant But Need Advancement

Credit to Author: Sonal Patel| Date: Wed, 12 Feb 2020 14:26:45 +0000

The post Engineering Group: American Gas Turbines Will Remain Relevant But Need Advancement appeared first on POWER Magazine.

Given current trends, the U.S. gas turbine industry is set to play a critically important role in power generation, aircraft propulsion, and the oil and gas industry “for decades to come,” but it could benefit from prioritized research and development (R&D) and technological leadership, a new publication from the National Academies of Sciences, Engineering, and […]

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