While global nuclear power capacity has remained at a consistent level over the past decade, newly released data from the International Atomic Energy Agency (IAEA) suggests that more than two-thirds…
Trends
Articles surveying forward-looking or current market trends in specific regions or around the world
The Biden administration will invest $2.2 billion in eight projects under its Grid Resilience and Innovation Partnership (GRIP) program to bolster the nation's power grid with nearly 13 GW of…
I thought the title from R.E.M.’s 1987 song was a fitting headline for this article. I contemplated using Bob Dylan’s “The Times They Are A-Changin’,” but I thought R.E.M.’s “stream…
This June, the European Council formally adopted a first-of-its-kind regulation that sets out to restore at least 20% of the European Union’s (EU’s) land and sea areas by 2030 and…
![POWER Digest [August 2024]](https://www.powermag.com/wp-content/uploads/2021/02/power_wordart_sp.jpg)
June and July 2024 saw several notable developments in the global power sector. While Malaysia moved to accelerate its coal phaseout, China unveiled a massive integrated energy project, and India…
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…
Engineering giant Burns & McDonnell has entered into an agreement with nuclear technology specialist BWXT Technologies to advance the design and development of the BWXT Advanced Nuclear Reactor (BANR). The…
Three major high-voltage direct current (HVDC) technology giants—GE Vernova, Siemens Energy, and Hitachi Energy—will join forces with four German transmission system operators—50Hertz, Amprion, TenneT and TransnetBW—to develop multiterminal hubs with…
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.…
It’s not uncommon to hear people talk about the energy transition. Yet, throughout its history, the power industry has almost always been transitioning in one way or another. There are…