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Surging demand for electricity, soaring electricity prices, and risks to supply chains are creating an imperative for innovative ways to control energy costs, and increase resilience by diversifying commercial and […]
The post C&I Sector Must Diversify Power Sources to Lessen Costs, Supply Chain Risks appeared first on POWER Magazine.
On March 10th, 2023, the Alberta Electric System Operator (AESO), which is the ISO in Alberta with responsibility for power system planning and system and market operations, published the Reliability Requirements Roadmap to address the power system operational impacts of increasing levels of transmission connected renewable resources, distribution connected resources, and changes to..
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The Intergovernmental Panel on Climate Change (IPCC) issued a report at the end of February titled “Climate Change 2022: Impacts, Adaptation and Vulnerability.” Among the warnings found in the 3,675-page report is that human-induced climate change is causing dangerous and widespread disruption in nature and affecting the lives of billions of people around the world, despite efforts to reduce the risks.
“When we look at the quantitative evidence, we clearly see that global average temperatures and sea levels have risen over the last 150 years, and that we are still on that trend. We also see that climate models cannot replicate historical observed global and continental changes without the human-related inputs, such as greenhouse gas emissions and land use activity,” Dr. Steven Rose, senior research economist and technical executive in the Energy Systems and Climate Analysis Group at the Electric Power Research Institute (EPRI), who was also one of the lead authors of the IPCC report, told POWER.
“The evidence that climate change is affecting society and ecosystems has grown and is continuing to grow.…
The post GE Hitachi: Nuclear Costs, Innovation Must Be a Pivotal Focus for Carbon-Free Future appeared first on POWER Magazine.
Nuclear energy’s future as a critical pillar in a decarbonized world will depend on its adaptability to rapid change, but the sector must focus on costs, certainty of outcome, reliability, and experience to cement its role beyond the transition, GE Hitachi Nuclear Energy (GEH) President and CEO Jay Wileman told POWER in an exclusive interview.
While the world’s existing nuclear fleet of more than 400 GW already plays an important energy security role—providing affordable and stable power that is largely independent of fuel market price fluctuations—an expansion will be necessary to bolster climate-conscious energy goals. But the challenge is multi-faceted, Wileman said.
First, it will require keeping online the world’s installed base of 450 reactors, both by maximizing their lifetime output and diversifying their commercial applications beyond power generation. “If you lost that installed base, you’re setting yourselves decades backward in your path toward getting to the carbon goals,” he said.…
The Trump administration’s Affordable Clean Energy (ACE) rule announced August 21 calls for coal-fired power plants to meet state-designed performance standards, most notably focused on increases in heat rate and overall efficiency for individual generating stations.
Energy experts speaking at the MEGA Symposium in Baltimore, Maryland, on August 22 agreed it’s a goal worth pursuing. They also said it will be difficult to achieve due to the evolving nature of U.S. power generation.
The rise of natural gas, which today accounts for the largest percentage of the nation’s electricity production, along with the addition of renewable sources such as wind and solar power to the grid, has lessened the amount of coal-fired generation across the country. It has decreased coal’s capacity factor—the average power generated by a particular energy source, divided by the rated peak power of that source—to just above 50%, behind natural gas, and well below the 73% capacity factor for coal as recently as 2008, according to the U.S.…