Electricity generation global demand for fossil fuels is about to peak, RMI says Energize Weekly, January 25, 2023 The world has reached – or is close to reaching – peak demand for fossil fuels for generating electricity as the installation of cheaper renewable generation continues to grow, according to an analysis by energy consultant RMI.…
Japan’s ‘clean coal’ power experiment is starting to bear fruit January 16, 2023 On a small island in western Japan’s Hiroshima prefecture, reachable only by a 30-minute ferry ride from the mainland, a decadelong attempt to prove coal can be made “clean” is drawing to an end — though its accomplishments face a murky future.…
Coal-to-nuclear plans may speed up reactor build in series January 16, 2023 New nuclear projects, especially first-of-a-kind (FOAK) technology, are expected to be expensive and difficult to plan efficiently as their deployment must also include the creation of new supply chains, the training of a new workforce, and the construction of new infrastructure. Once the…
Puerto Rico to privatize power generation amid outages January 15, 2023 Puerto Rico announced Sunday that it plans to privatize electricity generation, a first for a U.S. territory facing chronic power outages as it struggles to rebuild a crumbling electric grid. The move marks the beginning of the end for Puerto Rico’s Electric Power Authority,…
Winter Storm Elliott stressed regional electric grids across the U.S. in different ways Energize Weekly, January 18, 2023 Winter Storm Elliott, the bomb cyclone with freezing temperatures and blizzard conditions that swept across the U.S. east of the Rockies, sparked a wave of outages with its impacts varying from regional grid to regional grid. On…
India expects utilities’ annual coal demand to surge about 8% after renewables shortfall January 10, 2023 India expects its power plants to burn about 8% more coal in the fiscal year ending March 2024, according to a senior government official and a power ministry presentation, after the country missed its 2022 renewable energy goal by…
Holtec seeks $7.4 billion loan for expansion tied to new reactor Jan. 9, 2023 Holtec International Inc. has applied for a $7.4 billion federal loan to fund expansion expected from future sales of a company-designed nuclear reactor. Holtec would tap the loan to boost capacity to make parts at its existing U.S. facilities, and to…
Meet the renewable energy source poised for growth with the help of the oil industry 01/01/2023 One of the oldest forms of clean power is ready for a comeback — and it’s not wind or solar. Geothermal energy — the technology that harnesses the heat beneath the Earth’s crust — is drawing fresh interest after…
Sweden turns to France as it looks to buy two new nuclear reactors January 3, 2023 Sweden and France could be set to join forces to build new nuclear power stations in the Nordic nation, to boost domestic power production and guarantee security of supply. Swedish Prime Minister Ulf Kristersson outlined the possible partnership in…
Wholesale on-peak electricity rates set to jump this winter by as much as 60 percent, EIA says Energize Weekly, December 14, 2022 On-peak wholesale and retail electricity prices are set to rise across the country this winter, with some regional wholesale rates jumping as much as 60 percent compared to last winter, according to the…
Highway charging stations for EVs may need as much electricity as a small town Energize Weekly, November 30, 2022 A growing number of electric cars and trucks on highways will by 2035 require charging stations demanding the same power as an outdoor sports arena or even a small town, according to a study by grid…
U.S. grid faces “unprecedented” risk of electricity shortfalls this winter, NERC warns Energize Weekly, November 23, 2022 A large swatch of the U.S. electricity grid – in Texas, the Midwest, Southeast and New England – is at risk of being unable to provide adequate power in the face of extreme winter weather, according to an…
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