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Tag: power

LS Power Acquiring Renewable Energy Assets in $2.5. Billion Deal

August 10, 2024
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A New York-based power and energy infrastructure group will acquire more than 3 GW of operating renewable energy assets, along with another 8 GW of projects under development, from a […]

The post LS Power Acquiring Renewable Energy Assets in $ 2.5. Billion Deal appeared first on POWER Magazine.

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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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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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Unlocking the Benefits of Virtual Power Plants with Digital Technology

July 13, 2024
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Most people, when they imagine a power plant, picture equipment like smokestacks that stretch hundreds of feet into the sky, massive, spinning turbines and the hum of electric transmission lines […]

The post Unlocking the Benefits of Virtual Power Plants with Digital Technology appeared first on POWER Magazine.

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The Chevron Deference Is Dead. What Does It Mean for the Power Sector?

July 3, 2024
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The U.S. Supreme Court on June 28 overturned the Chevron doctrine—a forty-year-old precedent—significantly curtailing the power of federal agencies to interpret ambiguous statutory provisions, even in areas of agency expertise. […]

The post The Chevron Deference Is Dead. What Does It Mean for the Power Sector? appeared first on POWER Magazine.

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Strengthening America’s Electric Power Grid: How the Government and Industry Are Improving T&D Systems

June 26, 2024
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The U.S. transmission and distribution (T&D) network is reliable and well-maintained, but as renewable energy continues being added to the grid, and demand increases due to growing data center needs […]

The post Strengthening America’s Electric Power Grid: How the Government and Industry Are Improving T&D Systems appeared first on POWER Magazine.

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