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The National Laboratory of the Rockies and the North American Electric Reliability Corporation announced a partnership to advance bulk power system reliability across North America through combined research capabilities.
HVDC transmission technology is becoming standardized with 2 GW systems becoming common building blocks, but grid infrastructure and regulatory frameworks have not kept pace with this development.
BP has launched a formal process to sell its North Sea oil and gas business, ending six decades of production from the basin as new chief executive Meg O’Neill simplifies the company and reduces debt levels.
Great Britain prepares to pay millions for backup electricity supplies as a near-total solar eclipse on Wednesday is expected to significantly reduce solar power generation and strain the grid during peak demand.
A blackout affecting four Central Asian countries on August 14 was traced to a generator failure at Kyrgyzstan’s Toktogul hydropower plant, though officials dispute it caused cascading outages elsewhere.
Peter Thiel invested $76 million in a 1% stake in Vista, a major operator in Argentina’s Vaca Muerta shale formation, underscoring the region’s significance as a global oil and gas resource.
