Trump Administration Backs $1.52B Loan for Palisades Nuclear Restart
The Trump administration has released a second loan disbursement of $56.8 million to Holtec International as part of an up to $1.52 billion loan guarantee for the restart of the […] The post Trump Administration Backs $1.52B Loan for Palisades Nuclear Restart appeared first on POWER Magazine.
SHINES Project Will Harness Tidal, River Energy in European Region
The SHINES project, or Showcasing Hydrokinetic energy Innovations for Northwest European Energy Sovereignty, is underway, bringing together 14 partners from France, Ireland, Belgium, the Netherlands, Switzerland, and Germany. Co-financed by […] The post SHINES Project Will Harness Tidal, River Energy in European Region appeared first on POWER Magazine.
Tech and Industry Giants Pledge to Triple Global Nuclear Power by 2050
A coalition of large energy users—including Google, Amazon, Meta, Occidental, and Dow—have pledged their support for tripling global nuclear capacity by 2050. The cross-industry commitment, announced on the sidelines of […] The post Tech and Industry Giants Pledge to Triple Global Nuclear Power by 2050 appeared first on POWER Magazine.
Maryland Officials Support Gas Plants Among Cleaner Forms of Generation
Maryland lawmakers have introduced a bill in the state legislature that sponsors say would provide an easier path to build new power plants, including natural gas-fired facilities, and lower utility bills for ratepayers as part of the process. The post Maryland Officials Support Gas Plants Among Cleaner Forms of Generation appeared first on POWER Magazine.
Understanding the Complexity of REC Contracts and Why IT Systems Struggle to Manage Them
Renewable Energy Credits (RECs) represent the environmental attribute of 1 MWh of energy generated from eligible sources of generation. They can be bought or sold together with energy, in which […] The post Understanding the Complexity of REC Contracts and Why IT Systems Struggle to Manage Them appeared first on POWER Magazine.
Leveraging VPPs to Prepare Utilities for Extreme Weather
From the Midwest to the South, the U.S. has experienced dangerous cold snaps this winter that challenge grid operators to meet rising heating demands. These temperature extremes are driven in […] The post Leveraging VPPs to Prepare Utilities for Extreme Weather appeared first on POWER Magazine.
Tripling Nuclear Energy Capacity by 2050: Maximizing a High-Energy Future for Data Centres, Refineries, Manufacturing, and Beyond
Next week, the world’s most influential energy conference, CERAWeek, will see more than 10,000 delegates assemble to hear from the industry’s leaders about the future of energy. The conference has […] The post Tripling Nuclear Energy Capacity by 2050: Maximizing a High-Energy Future for Data Centres, Refineries, Manufacturing, and Beyond appeared first on POWER Magazine.
Nuclear Power Renaissance Underway in West Texas
When you think of innovative advancements in nuclear power technology, places like the Idaho National Laboratory and the Massachusetts Institute of Technology probably come to mind. But today, some very […] The post Nuclear Power Renaissance Underway in West Texas appeared first on POWER Magazine.
The SMR Gamble: Betting on Nuclear to Fuel the Data Center Boom
Data center power demand is accelerating, pushing the grid to its limits and prompting tech giants to bet on next-generation nuclear reactors. But given steep costs, regulatory hurdles, and uncertain The post The SMR Gamble: Betting on Nuclear to Fuel the Data Center Boom appeared first on POWER Magazine.
AI Boom Reshapes Power Landscape as Data Centers Drive Historic Demand Growth
The power industry was once considered slow-moving and perhaps even boring. That is no longer the case as technology has expanded and power demand projections skyrocket. New reports released by analysts at The post AI Boom Reshapes Power Landscape as Data Centers Drive Historic Demand Growth appeared first on POWER Magazine.
