NuScale Power Corp. has come to symbolize the dawning of a new energy era — the emergence of small modular reactors. However, the Utah Associated Municipal Power Systems and NuScale have mutually agreed to terminate the Carbon Free Power Project. Nuclear energy has...
The software works with existing assets with the aim of accelerating carbon reduction targets and meeting energy demand.
After 10 years of working on the six-reactor plant, the companies say they found it unlikely that they would have enough subscribers from local power providers to continue the project.
The installation maintains a capacity of 20 MW and should be especially useful in integrating renewable energy to the country’s grid.
The VPP offering can be integrated into utilities’ existing supervisory control and data acquisition platforms, providing forecasts of energy demand and generation, the companies say.
Uniper will produce green ammonia from renewable power at First Ammonia’s Texas-based facility in 2026.
The company plans to begin construction of a new demonstration project in Florida, featuring an end-to-end system that will create 100% green hydrogen.
The annual evaluation of the utility sector illustrates executives’ concerns over grid modernization and its effect on the energy transition and decarbonization.
The investment will go to building three interregional transmission lines, adding 3.5 gigawatts of grid capacity.
According to Statista, China’s Belt and Road Initiative (BRI) has created more than $1 trillion of investment in everything from energy to transportation in 148 countries.