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Category: Industry News

AES Indiana Switching Last Coal Units to Gas, Adding Solar and Storage

August 8, 2024
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An Indiana electric utility has announced a $ 1.1 billion investment in that state that includes switching coal-fired units to run on natural gas, along with new solar power and battery […]

The post AES Indiana Switching Last Coal Units to Gas, Adding Solar and Storage appeared first on POWER Magazine.

Petersburg Generating Station

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$2.2B for 13 GW of New Transmission Capacity: DOE Unveils Latest Boost for U.S. Grid Modernization

August 6, 2024
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The Biden administration will invest $ 2.2 billion in eight projects under its Grid Resilience and Innovation Partnership (GRIP) program to bolster the nation’s power grid with nearly 13 GW of […]

The post $ 2.2B for 13 GW of New Transmission Capacity: DOE Unveils Latest Boost for U.S. Grid Modernization appeared first on POWER Magazine.

transmission-tower-3387882_1280

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History of Power: TVA’s Browns Ferry Nuclear Power Plant Turns 50

August 4, 2024
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Browns Ferry Unit 1, the Tennessee Valley Authority’s (TVA’s) first nuclear reactor, turned 50 on Aug. 1, 2024, marking a significant milestone in the iconic plant’s storied history. To commemorate […]

The post History of Power: TVA’s Browns Ferry Nuclear Power Plant Turns 50 appeared first on POWER Magazine.

Construction of Browns Ferry Nuclear Plant began in 1966, and commercial operation of Unit 1 started in 1974. The unit marked its 50th year on Aug. 1, 2024. Courtesy: TVA

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India’s Prototype Fast Breeder Nuclear Reactor Moves Closer to Criticality

August 2, 2024
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India’s Atomic Energy Regulatory Board (AERB) will allow the country’s flagship 500-MWe/1,250-MWth prototype fast-breeder reactor (PFBR) in Kalpakkam, Tamil Nadu, to approach criticality. The nuclear energy safety watchdog on July 30 […]

The post India’s Prototype Fast Breeder Nuclear Reactor Moves Closer to Criticality appeared first on POWER Magazine.

Fuel loading began in March 2024 at India’s 500-MWe/1,250-MWth prototype fast-breeder reactor (PFBR) located at Kalpakkam, Tamil Nadu. Courtesy: Bharatiya Nabhikiya Vidyut Nigam Ltd.

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PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation

July 31, 2024
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Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $ 269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant […]

The post PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation appeared first on POWER Magazine.

Clearing price results in PJM’s Base Residual Auction (BRA) from delivery year 2007/2008 to 2024/2025. Courtesy: PJM

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Japan Utility Will Bring 2.34-GW Gas-Fired Plant Online Ahead of Schedule

July 29, 2024
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Japan’s largest utility said it will start the first of three units at a new natural gas-fired power plant near Tokyo in an effort to provide more electricity during the […]

The post Japan Utility Will Bring 2.34-GW Gas-Fired Plant Online Ahead of Schedule appeared first on POWER Magazine.

Jera-nears-launch-of-first-new-LNG-unit-at-Goi-power-station

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