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Author: Power Technology
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FAST fusion project completes conceptual design
Starlight Engine (SLE) and Kyoto Fusioneering (KF) have completed the conceptual design for Japan’s privately-led FAST (Fusion by Advanced Superconducting Tokamak) power demonstration plant, reaching the project’s first major milestone one year after its launch in November 2024. The partners have released a Conceptual Design Report (CDR) that sets out FAST’s objectives, required performance, system configuration, feasibility,...
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Global geothermal sector forecast to hit $14.5bn by 2034
The global geothermal power market is expected to grow from $7.4bn in 2024 to $14.5bn by 2034, driven by rising demand for round‑the‑clock, low‑carbon energy, according to a new report by Allied Market Research. The report finds that geothermal power – electricity generated from heat within the Earth’s crust – is set to expand at a...
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Saft wins major BESS project in Taiwan
Saft, a subsidiary of TotalEnergies, has strengthened its presence in the Asia-Pacific region by winning a major battery energy storage system (BESS) project with Foxwell Power Co in Taichung. The contract, Saft’s eleventh in Taiwan, will see the company deliver a 356MWh lithium-ion battery system to Foxwell, which is part of Shinfox Energy. The Taichung BESS...
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Oklo and Blykalla partner to boost advanced nuclear technology
US company Oklo and Sweden’s Blykalla have announced a strategic transatlantic partnership to enhance advanced nuclear technology and its commercialisation. The collaboration focuses on tech sharing, supply chain coordination and regulatory knowledge exchange. The partnership aims to accelerate the commercialisation of advanced nuclear reactors, a key component in the clean energy transition. Read more in...
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Uniper signs agreement to sell Datteln 4 coal-fired power plant
Uniper, Germany’s largest operator of gas storage facilities and hydropower plants, has signed an agreement to sell the Datteln 4 coal-fired power plant in North Rhine-Westphalia to ResInvest Group. In addition to the coal handling infrastructure, the transaction also includes the associated heat generation facilities. Datteln 4 is a modern hard coal-fired power station with...
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Siemens Energy invests $256m to boost transformer production in Nuremberg
Siemens Energy has begun the expansion of its transformer manufacturing facility in Nuremberg, Germany, in response to the rising global demand for large transformers essential for grid expansion. The company is investing approximately €220m ($256.2m) in the expansion, which is set to create 350 new jobs and enhance production capabilities at the Nuremberg factory. The...
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EDF extends operational life of two UK nuclear plants
EDF has announced a 12-month extension of the operational life for two of its UK nuclear power stations, Heysham 1 in Lancashire and Hartlepool in Teesside. Both the power stations will now generate electricity until March 2028. The decision aligns with the company’s commitment to ensuring energy security and follows a series of positive graphite...
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China coal power projects surge despite clean energy growth
China has logged an increase in coal power projects in the first half (H1) of 2025, suggesting a resurgence in coal dependency despite the nation’s clean energy advancements. The Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor’s latest review indicates a boom in commissioned coal projects, with the highest number...