Archive: Business

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Super Tuesday, Super Bowl XLII, and the nukes

The nuclear renaissance is likely to slow next year with a new tenant in the White House and many key regulatory positions in flux. Nuclear industry leaders are especially concerned that rules for construction loan guarantees will fall victim to the “wait and see” disease that infects those inside the Beltway every four years. If those rules aren’t in place before this November’s election, the nuclear renaissance may revert to the Dark Ages.

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Regulators should stop playing the greed card

In early February, Western GeoPower (WGP) announced its termination of a 20-year geothermal power purchase agreement (PPA) with Pacific Gas and Electric Co. (PG&E). A WGP press release explains that the company terminated the agreement because a regulatory approval condition had not been obtained within a 180-day time period stipulated in the PPA. WGP’s CEO, […]

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Economies of connection

The advent of the Smart Grid will bring a new driver for value creation to the electric power industry: economies of connection. In the future, the Smart Grid may offer our industry improved returns more typical of Internet-based businesses like eBay, Amazon, and Google to replace the diminishing returns typical of traditional “steel in the […]

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ELECTRIC POWER 2008 offers access to the latest products and services

If you enjoy POWER magazine’s New Products department, you’re going to love the ELECTRIC POWER 2008 Exhibition. You’ll be able to see and feel the latest tools of the trade and talk to the folks who provide them to the generation industry. Here’s a sneak peak at what awaits you on the exhibit floor May 6 to 8 at the Baltimore Convention Center.

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The aging workforce: Panic is not a strategy

Leaders in the utilities sector talk a lot these days about talent. On one hand, they express concern about facing a shortage of knowledgeable staff as 76 million baby boomers exit the workforce. On the other, they worry about where they’ll find enough qualified people to remain competitive in light of the fierce battle for engineering talent that globalization has created. The antidote to these worries lies in reconfiguring HR practices.

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Castejon 2: Ready to reign in Spain

The new, 424-MW Castejon 2 combined-cycle plant designed and built by Alstom was recently given its provisional acceptance certificate. Alstom used its “Plant Integrator” approach to fast-track delivery of a plant just like Castejon 1, which averaged 98% availability during its first three years of operation. That kind of performance is crucial to generators operating in the Spanish merchant power market—or any market.

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Time to get serious about security

Managing ongoing threats to power plants’ digital, telecommunications, monitoring, control, and automation systems is no longer just a good idea. It’s an essential element of superior plant operations and now a regulatory requirement as well, thanks to new critical infrastructure protection standards recently approved by FERC.

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ELECTRIC POWER celebrates 10th anniversary in Baltimore

At this juncture our industry is faced with greater uncertainty and opportunity than ever before. That’s why you won’t want to miss all the information, ideas, and networking available at the power generation industry’s premier event in May.

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Wireless technologies connect two LCRA plants

Lower Colorado River Authority recently put two separate plants at its Lost Pines Power Park under one functional management system. The project has already deployed a layered wireless infrastructure that allows the two plants to communicate at a fraction of the cost of a wired solution while providing a platform for optimizing work processes and reducing operating costs. What’s not to like?

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Focus on O&M (March 2008)

New CIP standards leave questions unanswered/Solving common analyzer problems/Qualifying rebuild shops