SINGAPORE: PacificLight Power (PLP) said on Friday (Jan 3) that it has received approval from the Singapore government to build a new hydrogen-fuelled gas power plant on Jurong Island. The project forms part of Singapore’s plans to decarbonise its power grid, which relies mostly on natural gas to generate power. With approval from Singapore’s Energy … Read more
Three Mile Island, the three-mile nuclear station near Harrisburg, Pennsylvania, has been closed since 2019. Now the island is set to reopen by 2028 to power Microsoft’s data centers, which are foundational to the tech giant’s AI and cloud computing businesses. Constellation Energy, the owner of the power unit, announced the 20-year deal on Friday, … Read more
Alberta is putting itself in the race for a slice of the soaring growth of data centres in North America. A pair of Alberta cabinet ministers set off for Silicon Valley last week with the sole focus of promoting the province as a “prime location” to build the physical structures that store and process our digital information. Major … Read more
Geregu Power turned in 148.5 per cent more in net profit for the first half of the year compared to the same period of last year. The company’s position was impacted by increased income from energy sales and, to some extent, capacity charge – the company’s major revenue sources. The feat could mean the synergy … Read more
The Alberta government kicked off a flurry of activity three years ago when it began awarding the rights to underground caverns for storing carbon emissions. The gold rush was underway as companies announced dozens of projects and competed to stake their claim for those rights. The wave of new projects raised expectations that the oilpatch … Read more
With the COP28 climate summit now in the rearview mirror, some researchers say the moment is here when coal consumption in power plants around the world will finally peak before beginning a perpetual fall. For more than a century, coal has been used to produce electricity, and to this day remains the workhorse of the global power … Read more
