When to Take a Chance on an Imperfect Job Candidate – Harvard Business Review
When to Take a Chance on an Imperfect Job Candidate Harvard Business Review
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Rosatom Group Building Energy Storage Portfolio
The post Rosatom Group Building Energy Storage Portfolio appeared first on POWER Magazine.
Russia’s state-owned nuclear power company Rosatom continues to diversify, as one of the group’s subsidiaries has acquired a major stake in a South Korean manufacturer of energy storage products.
RENERA LLC, which is Rosatom’s integrator company for the energy storage business, and also a subsidiary of TVEL Fuel Company of Rosatom, on March 5 announced it has finalized the deal to acquire a 49% share of Enertech International. Enertech makes electrodes, lithium-ion storage cells, and energy storage systems.
The agreement also includes the opportunity for RENERA to build a manufacturing facility for lithium-ion cells and energy storage systems in Russia, with at least 2 GWh of production capacity by 2030. The plan is for that facility to begin production in 2025. Rosatom on Friday said the lithium-ion batteries made in Russia are earmarked for use in electric vehicles (EVs), in what it called “special equipment,” and for battery energy storage systems (BESS) attached to the power grid.…
Texas PUC Chair Resigns as Outage Probe Continues
The post Texas PUC Chair Resigns as Outage Probe Continues appeared first on POWER Magazine.
The chairwoman of the Public Utility Commission (PUC) of Texas has resigned, stepping down after the state’s lieutenant governor earlier on March 1 called for her resignation, along with that of the CEO of the state’s power grid operator.
DeAnn Walker, the PUC chair, in her resignation letter Monday to Gov. Greg Abbott, defended her actions and leveled criticisms at others as state lawmakers and energy officials continued to spar over who is to blame for widespread power outages in mid-February that left millions of electricity customers in the dark for days, many without both heat and water.
The PUC regulates the state’s electric, telecommunications, and water and sewer utilities. Walker, whose commission is appointed by Abbott, testified before state lawmakers last week, along with Electric Reliability Council of Texas (ERCOT) CEO Bill Magness, as the legislature held hearings to address why the state’s power grid could not cope with cold temperatures that brought several days of power outages.…