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Tag: Recovery

A Breakdown of Cuba’s Grid Collapse and Recovery Efforts

October 24, 2024
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| Industry News

Cuba is in the throes of a severe energy crisis, driven by fuel supply disruptions and compounded by obstacles in securing vital technologies and supplies needed to modernize and operate […]

The post A Breakdown of Cuba’s Grid Collapse and Recovery Efforts appeared first on POWER Magazine.

Figure 1: Power situation in Cuba as of Friday, Oct. 18, 2024. Source: Amaury Perez

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Severe Solar Storm Threatens Power Grid Amid Hurricane Helene, Milton Recovery

October 10, 2024
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The National Oceanic and Atmospheric Administration (NOAA) has issued a G4-level severe geomagnetic storm watch, urging the North American power grid to prepare for a powerful coronal mass ejection (CME) […]

The post Severe Solar Storm Threatens Power Grid Amid Hurricane Helene, Milton Recovery appeared first on POWER Magazine.

FIg1-Solar-Storm-NASA

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Duluth, Statewide Job Report Shows Slight Progress in Recovery – FOX 21 Online

May 22, 2021
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| Energy Jobs

Duluth, Statewide Job Report Shows Slight Progress in Recovery  FOX 21 Online
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Global Recovery: Not Every Job Is Coming Back – Bloomberg

May 2, 2021
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Global Recovery: Not Every Job Is Coming Back  Bloomberg
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The job market is still in recovery, but it’s also still losing momentum – Marketplace

November 6, 2020
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| Energy Jobs

The job market is still in recovery, but it’s also still losing momentum  Marketplace
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Coal-Fired Power in 2021: A Recovery or a Reckoning?

October 21, 2020
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The post Coal-Fired Power in 2021: A Recovery or a Reckoning? appeared first on POWER Magazine.

Big-Bend-Coal-fired-power-plant

This has been the year from hell for coal-fired power and the coal industry. If current projections hold, coal generation in 2020 will be 21% lower than last year and 62% lower than the 2007 peak. The coal share of the generating mix, which for decades hovered around 50%, will finish the year at 20%, the lowest on record. Coal production will be the lowest since 1964 and down by a quarter just from 2019.

The new year may bring relief. The U.S. Energy Information Administration’s (EIA’s) Short-Term Energy Outlook (STEO) projects that coal generation will recover most of its 2020 losses in 2021, bringing some stability to coal plant operators and coal miners. The key factor behind a coal power recovery is higher prices for natural gas, which indeed appear likely in 2021. Nonetheless, a coal recovery in 2021 is highly contingent on other dynamics.…

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