Credit to Author: Aaron Larson| Date: Wed, 30 Aug 2023 15:00:25 +0000
While power outages are not uncommon in the U.S., widespread blackouts that last more than a couple of hours are pretty rare. However, this summer marks the 20th anniversary of […]
The post Power Grid Investments Improve Reliability and Make Blackouts Less Likely appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Tue, 01 Aug 2023 04:14:00 +0000
The “Great Resignation” is a term used to describe a widespread trend that took shape over the past few years of employees voluntarily changing jobs in large numbers. The phenomenon gained traction during
The post How the ‘Great Resignation’ and Disengagement Are Affecting the Power Industry appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Wed, 08 Mar 2023 21:01:08 +0000
It seems like industry insiders have been lamenting the aging power workforce for decades. Yet, there is still a large percentage of workers in the current workforce that are retirement eligible—some studies suggest the percentage is as high as 40%. Meanwhile, the energy transition has created a large number of new jobs building and operating […]
The post Help Wanted: Retirements and the Energy Transition Lead to Job Openings in the Power Industry appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Wed, 18 Jan 2023 21:01:10 +0000
Danish energy developer Ørsted continues to expand its presence in the U.S. market, with the company on Jan. 18 announcing it has signed a deal to acquire Public Service Enterprise Group’s (PSEG’s) 25% stake in the 1.1-GW Ocean Wind 1 project about 15 miles off the coast of New Jersey. The move will give Ørsted […]
The post Ørsted Buys PSEG Stake in Offshore Wind Project, Announces Major Texas Solar Farm appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 01 Sep 2022 17:56:37 +0000
In another high-profile leadership shuffle at a major U.S. power generating company, PSEG’s longtime president and CEO Ralph Izzo on Sept. 1 passed leadership of the regulated infrastructure company to Ralph LaRossa, who was previously PSEG’s chief operating officer (COO). Izzo, who will continue to serve as executive chair of the PSEG board until December […]
The post Another Major Leadership Shuffle: PSEG Gets New CEO appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Fri, 01 Jul 2022 13:39:06 +0000
The Department of Energy (DOE) has revised eligibility criteria for the first-award cycle of its $6 billion Civil Nuclear Credit (CNC) program and extended its application period to Sept. 6, 2022. The action responds to a request for adjustments from the California governor’s office to better address Pacific Gas & Electric’s (PG&E’s) 2,240-MW Diablo Canyon […]
The post DOE Grants California’s Request to Revise Civil Nuclear Credit Program Eligibility, Extends Deadline appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Mon, 25 Apr 2022 18:03:15 +0000
The first three major construction contracts have been awarded for the 1,100-MW Ocean Wind 1 offshore project that will provide electricity to New Jersey. Ocean Wind 1 is a joint venture between Ørsted and Public Service Enterprise Group (PSEG), which provides electricity for much of New Jersey. Those groups on April 25 announced Burns & […]
The post Burns & McDonnell Awarded Contract for Ocean Wind 1 Offshore Project appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Mon, 23 Dec 2019 17:58:16 +0000
The post New Jersey Backs 45 Community Solar Projects appeared first on POWER Magazine.
The New Jersey Board of Public Utilities (NJBPU) on Dec. 20 announced it has approved 45 applications in the first year of its Community Solar Energy Pilot Program. The NJBPU in a statement Friday said the projects, with total generation capacity of 77.61 MW, will be designed by local governments, community groups, and private developers. […]
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Read moreCredit to Author: Sonal Patel| Date: Sat, 22 Jun 2019 13:44:45 +0000
Danish renewables firm Ørsted’s 1.1-GW Ocean Wind project is the winner of New Jersey’s first award for offshore wind, the New Jersey Board of Public Utilities (NJBPU) said on June 21. Ørsted, with support from Public Service Enterprise Group’s (PSEG’s) non-utility affiliate, vied for the award with two other offshore wind developers that submitted bids […]
The post New Jersey’s First Offshore Wind Farm Will Be a Mammoth 1.1-GW Ørsted Project appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Tue, 16 Apr 2019 16:41:28 +0000
The U.S. Supreme Court’s refusal to reconsider industry-led challenges to state nuclear subsidy programs in New York and Illinois leaves the contentious matter to the Federal Energy Regulatory Commission (FERC). The high court on April 15 declined to accept petitions for review of decisions by the Second Circuit and Seventh Circuit, dealing a major blow […]
The post Nuclear Subsidy Dispute Now Rests with FERC, Competitive Generators Say appeared first on POWER Magazine.
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