|

DVC awards EPC contract for Koderma TPS Phase II to BHEL

By

Damodar Valley Corporation (DVC) has awarded Bharat Heavy Electricals Limited (BHEL) the engineering, procurement, and construction (EPC) contract for the 2×800 MW Koderma Thermal Power Station (TPS) Phase II in Jharkhand.  The project will add 1,600 MW to DVC’s generation capacity, addressing growing regional energy demands and promoting socio-economic development. The Koderma TPS Phase II project aligns with DVC’s mission to provide reliable and sustainable power while bolstering the region’s energy infrastructure. The partnership with…

|

Vietnam proposes amendments to electricity law

By

Vietnam‘s Ministry of Industry and Trade has drafted a new electricity law to establish a legal framework supporting the development of a modern, interconnected, and efficient power market while prioritizing national energy security. The proposed amendments aim to address gaps in power development regulations, improve coordination among ministries, and overcome challenges in bringing electricity investments to remote areas. A key focus of the draft law is on refining electricity pricing policies. The goal is to…

|

Westinghouse extends AP1000 reactors contract in Bulgaria

By

Westinghouse Electric has extended its front-end engineering and design contract with Bulgaria’s Kozloduy NPP-Newbuild for the construction of two AP1000 reactors at the Kozloduy nuclear power plant (NPP).   The partnership, which began in June 2023, focuses on evaluating Kozloduy’s infrastructure for deploying the AP1000 reactors. Following this phase, the project will move to engineering services, including design, licensing, training, project management, and site planning in preparation for construction. In early 2024, Westinghouse delivered the first…

|

Wärtsilä to deliver 150 MW BESS for Amp Energy in Australia

By

Wärtsilä has secured a contract to provide a 150 MW battery energy storage system (BESS) with a 300 MWh capacity for Amp Energy in South Australia. The Bungama BESS project, currently in its initial phase, aims to strengthen energy security and reliability as the state increasingly relies on renewable energy. The system will utilize Wärtsilä’s advanced Quantum High Energy storage technology, designed to offer crucial grid services such as frequency control ancillary services, fast frequency…

|

IEA’s Fatih Birol: Fossil fuel demand to peak as world enters “age of electricity”

By

Fatih Birol, executive director of the International Energy Agency (IEA), stated that with fossil fuel demand expected to peak within the next five years, the world is approaching a new “age of electricity.” In a recent press release, the Turkish economist highlighted that the surplus in oil and gas supplies could drive significant investments in green energy. Birol noted that in the latter half of this decade, the global energy landscape could shift substantially, with…

|

Global energy system faces rising risks amid geopolitical strains: IEA

By

The International Energy Agency (IEA) highlighted the vulnerabilities in the global energy system, exacerbated by regional conflicts and geopolitical tensions, in its World Energy Outlook 2024. The IEA underscored the need for stronger policies and investments to hasten the energy transition. Despite these challenges, the agency expects a relatively abundant supply of various fuels and technologies in the coming years, including oil, LNG, solar PV, and batteries. IEA Executive Director Fatih Birol noted that an…

|

Italy’s nuclear revival is imperative, World Nuclear Association says

By

Italy, the only G8 country without an operational nuclear power plant, is advancing toward reversing its nearly four-decade-long ban on nuclear power. After the 1987 shutdown of its four reactors following the Chernobyl disaster, public opposition to nuclear energy has been strong. Despite attempts to revive nuclear energy in the past, including a failed 2008 initiative, the ban remained in place. In May 2023, Italy’s lower house of parliament passed motions asking the government to…

|

Global perspectives on rooftop solar energy: Leading economies and strategies

By

The global energy transition is gaining momentum, and rooftop solar (RTS) systems are playing a significant role in addressing the world’s growing energy demand. With projections suggesting a 75% increase in global electricity demand by 2050 (IEA 2022), geopolitical disruptions, such as the Russia-Ukraine conflict and the COVID-19 pandemic recovery, have further underscored the need for a shift toward renewable energy (RE) sources. Solar photovoltaics (PV) in particular, including distributed solar technologies, are well-positioned to…

AI’s Rising Energy Demand is Reshaping the Future of Data Centers and Power Supply

By

At Climate Week in New York, discussions are centered on the rising energy demand driven by artificial intelligence. Last week, it was revealed that Microsoft would use electricity from the resurrected Three Mile Island nuclear plant to power its data centers. In a recent report, Bloomberg highlighted that OpenAI had approached the Biden administration regarding plans for large-scale data centers, each capable of consuming energy equivalent to that of a whole city. This trend is…