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Tag: Industry

Could Fusion Energy Transform the Power Industry By 2035?

November 27, 2021
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| Industry News

Fusion occurs when two atoms slam together to form a heavier atom, such as when two hydrogen atoms fuse to form one helium atom. A tremendous amount of energy is released in the process.

This is the same process that powers the sun. In the sun’s core, where temperatures reach 15,000,000C, hydrogen atoms are in a constant state of agitation. As they collide at very high speeds, the natural electrostatic repulsion that exists between the positive charges of their nuclei is overcome and the atoms fuse. Without fusion, there would be no life on Earth.

Significant research has been done to better understand the fusion process since the concept was first theorized in the 1920s. Scientists have answered most of the key physics questions behind fusion. Today, in southern France, 35 nations are collaborating to build the world’s largest tokamak—a magnetic fusion device designed to prove the feasibility of fusion as a large-scale and carbon-free source of energy.

The ITER project (Figure 1), as it is known, is expected to be the first fusion device to produce “net energy,” which is the term used when the total power produced during a fusion plasma pulse surpasses the thermal power injected to heat the plasma.…

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Data Breaches Cost More Than $4 Million Per Incident, Power Industry at High Risk

July 28, 2021
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| Industry News

The post Data Breaches Cost More Than $ 4 Million Per Incident, Power Industry at High Risk appeared first on POWER Magazine.

IBM Security reported on July 28 that the average cost of recent data breaches was $ 4.24 million per incident, the highest cost ever recorded by the company in 17 years of tracking the metric. Notably, data breaches in the U.S. were by far the costliest, exceeding $ 9 million per incident on average.

The findings were among several insights exposed through a global study of data breaches conducted by the independent Ponemon Institute, a analysis group known for its empirical studies. Researchers reviewed data breaches experienced by 537 organizations between May 2020 and March 2021. The incidents occurred in 17 countries and across various industries.

“We see the number, in general, tick up across the years—some years a little bit higher, some years a little lower—but in general, the trend has been the numbers increase over time,” IBM Cyber Threat Intelligence Expert Charles DeBeck told POWER during an exclusive interview.…

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13 Things Every Job Candidate Needs to Know About the Tech Industry – Built In

May 14, 2021
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| Energy Jobs

13 Things Every Job Candidate Needs to Know About the Tech Industry  Built In
“job” – Google News…

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Solar Industry Adds Record Capacity in 2020 in Spite of Pandemic

March 16, 2021
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| Industry News

The post Solar Industry Adds Record Capacity in 2020 in Spite of Pandemic appeared first on POWER Magazine.

The U.S. solar industry installed a record 19.2 GWdc of photovoltaic (PV) capacity in 2020, a 43% increase from 2019, according to a report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. The numbers are particularly impressive considering the world was dealing with unique challenges as a result of COVID-19.

“After a slowdown in Q2 due to the pandemic, the solar industry innovated and came roaring back to continue our trajectory as America’s leading source of new energy,” said SEIA President and CEO Abigail Ross Hopper. “The forecast shows that by 2030, the equivalent of one in eight American homes will have solar, but we still have a long way to go if we want to reach our goals in the Solar+ Decade.”

Solar accounted for 43% of all electricity-generating capacity added in the U.S. in 2020 (Figure 1), representing solar power’s largest-ever share of new generating capacity and ranking first among all technologies for the second year in a row.…

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Biden Presidency Promises Change for Power Industry

January 7, 2021
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| Industry News

The post Biden Presidency Promises Change for Power Industry appeared first on POWER Magazine.

As we get closer to the presidential inauguration, and with President-elect Biden’s announcement of his Cabinet picks for the Department of Energy (DOE), Environmental Protection Agency (EPA), and the Department of the Interior (Interior), we begin the inevitable hypothesizing about which “Day 1 actions” will be taken, which actions will be among the administration’s “100 Day actions,” and what priorities will bleed into 2022 or beyond. 

COMMENTARY

President-elect Biden has put forth a sweeping platform during the campaign, a platform that if accomplished would completely transform the U.S. energy system within the next several decades by putting the country on a path to achieve net-zero emissions, economy-wide, by 2050, and to generate electricity from renewable sources in order to achieve a carbon pollution-free power sector by 2035. To achieve these goals, substantial technological advancement is required, including significant changes to the power generation, transmission, and distribution systems.…

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EPA Retains Soot Standards; Drastic PM Reductions Already Achieved, Industry Says

December 9, 2020
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| Industry News

The post EPA Retains Soot Standards; Drastic PM Reductions Already Achieved, Industry Says appeared first on POWER Magazine.

emissions-carbon-dioxide

In a significant but controversial final action, the Environmental Protection Agency (EPA) on Dec. 7 retained its existing National Ambient Air Quality Standards (NAAQS) for both fine and coarse particulate matter (PM2.5 and PM10).

While the EPA said the decision came “after careful review and consideration of the most recent available scientific evidence and technical information, consultation with the agency’s independent scientific advisors, and consideration of more than 60,000 public comments on the proposal,” environmental groups largely viewed the action as a dereliction of the agency’s regulatory duty.

The power sector, meanwhile, supported the measure, underscoring its success at slashing PM and precursor air pollutant emissions and pointing to future reductions from electrification of the transportation and industrial sectors. 

Why the Final Action Is Notable

Fine particles (PM2.5), which are 2.5 micrometers in diameter and smaller, are emitted by a variety of sources, including smokestacks, vehicles, and fires, but they also form when gases emitted by power plants, other industrial processes, and gasoline and diesel engines react in the atmosphere.…

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