Power Sector News Roundup for December 3, 2024

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Global Siemens and Tietoevry partner for power utilities’ digital transformation SAS and SES sign Taiwan’s first joint CPPA for offshore wind energy Pilbara Minerals and POSCO open Korea’s first lithium hydroxide plant Indonesia explores nuclear power technology, renewable energy expansion MHI secures MOX fuel order for Ikata nuclear plant Tasmania’s first utility-scale solar farm secures offtake with Hydro Tasmania Renewable Power Capital secures refinancing for Klevberget wind farm in Sweden NSCH partners with ENGIE for…

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DOE allocates $15M to enhance hydropower flexibility

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The U.S. Department of Energy (DOE) has announced $15 million in funding for nine projects designed to boost hydropower’s role in stabilizing the grid amid rising renewable energy adoption. Hydropower, currently contributing 27% of U.S. renewable electricity, offers critical flexibility for balancing supply and demand. Notable projects include: Hydropower-Hydrogen Integration: DRG Technical Solutions will produce hydrogen at a Colorado facility to store energy for later grid use or as fuel. Battery Integration: Synergics Energy Services…