Power Engineering International

Power Engineering International is a BPA-audited magazine that provides comprehensive insights into the global power sector. It features thorough industry analysis, detailed case studies, and profiles of various projects. The magazine also highlights practical uses of innovative products, shares expert opinions, and covers the latest trends in the electrical power generation field.

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How Sweden is preparing for a nuclear power comeback

2 days ago | powerengineeringint.com | Pamela Largue

Once a country known for anti-nuclear sentiment, Sweden has done an about-turn, providing effective financing mechanisms and regulatory frameworks designed to foster new nuclear builds. John Ahlberg, Founder of nuclear scale-up Kärnfull, believes the country is indeed positioning itself to be a leader in nuclear development. “I think Sweden has the appetite to become the silver bullet in the European Union on how to build new nuclear,” says Ahlberg.
CFM invests in grid-connected biomass plant in Côte d’Ivoire

2 days ago | powerengineeringint.com | Pamela Largue

Climate Fund Managers (CFM) and Ivorian independent power producer Société Des Energies Nouvelles have signed a $3 million funding agreement to co-develop the Divo Biomass Project in Côte d’Ivoire. The 76MW Divo Biomass Project, said to be the world’s first grid-connected cocoa waste-to-energy power plant, is being developed as a public-private partnership. Once complete, the plant will convert 600,000 tonnes of agricultural waste annually into baseload electricity for the national grid.
E.ON partners on local power generation solutions for data centres

4 days ago | powerengineeringint.com | Jonathan Jones |Jonathan Spencer Jones

E.ON has entered into a ‘preferred partnership’ with Texas-based CyrusOne to develop solutions to overcome data centres grid capacity constraints in Europe. The focus of the partnership is on unlocking future energy projects in Frankfurt – Europe’s largest data centre hub, which is currently constrained by limited grid capacity and connection delays – and more widely across the continent.
Constellation signs nuclear PPA with Meta to support AI ambitions

4 days ago | powerengineeringint.com | Pamela Largue

US energy company Constellation has signed a 20-year Power Purchase Agreement (PPA) with Meta for 1,121MW of nuclear energy. The power will be supplied from June 2027 from the Clinton Clean Energy Center, located in the US state of Illinois, supporting the nuclear facility’s relicensing and continued operations for the next two decades.
Eaton and Siemens Energy team up to fast-track data centre deployment

5 days ago | powerengineeringint.com | Pamela Largue

Power management company Eaton and Siemens Energy have launched a solution designed to get data centres online faster with integrated onsite power, and to allow these power-hungry behemoths to contribute to grid stability. The partners have been collaborating for over a year to develop and deliver a solution that provides reliable, stable power, which is independent of the grid.
Eurelectric new presidency has Fortum CEO at the helm

5 days ago | powerengineeringint.com | Yusuf Latief

Europe’s electricity industry association Eurelectric has announced a new presidency, consisting of Markus Rauramo as president alongside vice-presidents Catherine MacGregor and Georgios Stassis. Rauramo is currently CEO of Finnish state-owned energy company Fortum; MacGregor is chief executive officer (CEO) of French multinational electric utility company Engie; and Stassis is chairman and CEO of Public Power Corporation (PPC), the largest electric power company in Greece.
Thales eyes nuclear fusion with GenF

1 week ago | powerengineeringint.com | Jonathan Spencer Jones

Thales has inaugurated the new spinoff company, GenF, to develop inertial confinement nuclear fusion in France. The launch of GenF follows the selection of Thales’ TARANIS project to demonstrate the feasibility of designing a first inertial confinement nuclear fusion reactor in February 2024, as part of a call from the French government for innovative nuclear reactor projects in its France 2030 initiative.
Plagazi wins EU funding for waste-to-circular hydrogen project in Sweden

1 week ago | powerengineeringint.com | Pamela Largue

Swedish clean tech company Plagazi AB has been awarded a €29.5 million ($34 million) grant from the EU Innovation Fund for its Gävle Circular Park project. Gävle Circular Park, located in the Gävle Municipality in Sweden, will annually produce 12,000 tonnes of circular hydrogen from 66,000 tonnes of non-recyclable waste and provide the municipality with 10MW of district heating.
Equinor and Polenergia close financing for Bałtyk 2 and 3 wind farms

1 week ago | powerengineeringint.com | Pamela Largue

Norwegian energy company Equinor and Poland’s Polenergia have closed financing for the Bałtyk 2 and Bałtyk 3 offshore wind farms. Valued at over €6 billion ($6.8 billion), this is the largest project finance transaction in the history of the Polish energy sector, according to Polenergia. The financing will will be provided by approximately 30 financial institutions, including the National Economy Bank (BGK), the European Investment Bank (EIB) and the Nordic Investment Bank (NIB).
UK’s only female-founded wave energy firm bags £531k funding

1 week ago | powerengineeringint.com | Pamela Largue

Aberdeen-based wave energy company ZOEX Ltd has secured funding to the tune of £531,000 ($717,000) to scale development of its wave energy converter technology. The funding includes investment from Equity Gap, a Scottish angel investment syndicate, The University of Strathclyde and Scottish Enterprise. Innovate UK also made a contribution of £196,000 ($265,000).