Archive: Business

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FERC Nixes PJM’s Fixes for Capacity Market Besieged by Subsidized Resources

In a 3–2 decision, the Federal Energy Regulatory Commission (FERC) rejected approaches filed by PJM Interconnection to reform its capacity market, whose integrity and effectiveness has been increasingly and “untenably threatened” by state subsidies for preferred generation resources, the federal regulatory body acknowledged. The June 29 order sharply divided the commission, prompting Democrat Commissioners Cheryl LaFleur […]

Nuclear power plant. (Ohi, Japan)
 
Photo Credit: Kansai Electric Power Co.

Japan’s New Energy Plan Commits to Renewables—And Nuclear and Coal, Too

Japan’s government on July 3 approved a new Basic Energy Plan for the country, saying it is committed to increasing the role of renewable resources for power generation while also confirming it wants nuclear power to remain a vital part of the nation’s energy strategy. Japan issues a revised Basic Energy Plan, which outlines the […]

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Simplifying Sensor Calibration and Maintenance in Power Plants

Falling profit margins mean there is growing pressure on power plants to do more with less. In many plants there has been a reduction in maintenance staff, and the remaining team is left trying to keep all equipment operational with a lower budget and in fewer hours. Digital sensors are a major contribution to simplifying and easing the maintenance burden.

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Using Drones to Increase Net Safety in the Utility Sector

Across the country, energy and utility companies are adopting and using drone technology to increase their business operations and improve overall safety of their workforces. Many companies are also discussing the risks and rewards of implementing new safety technology on job sites. With workplace fatalities in the transportation, warehousing, and utilities sectors comprising 17.3% of […]

Siemens single-shaft combined cycle gas turbine

Benefits of Single-Shaft Combined Cycle Power Plants

In recent years, the use of single-shaft combined cycle power plants has steadily increased in the U.S. While multi-shaft configurations are advantageous in certain scenarios—for example, when layout flexibility or phased installation is needed—single-shaft designs have proven to be a highly efficient and cost-saving option for power plant owners and operators seeking to maximize the […]

THE BIG PICTURE: The Electric Vehicle Push

Because the widespread adoption of electric vehicles (EVs) could ramp up demand for electricity and slash transportation-related emissions of carbon dioxide and other pollutants, a growing group of stakeholders, including power companies and trade groups, strongly advocate for an accelerated EV rollout. By mid-2018, several countries with potentially large EV markets had set EV deployment targets, as well […]

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Hydropower Grows but Industry Is Changing

New hydropower capacity installed worldwide plunged 36% in 2017 compared to 2016, but the sector remains optimistic about its future despite a transitioning role for hydropower away from baseload power and

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Russia Will Help Nigeria Develop Nuclear Plant

Nigeria’s government joined with Russia’s State Atomic Energy Corp. (Rosatom) last year with a goal to develop the country’s first nuclear power plant, a plan that both sides confirmed and talked about

Marc Lyda, with Trade Mechanical, welds an intake for heating water in Bldg. 9301 as part of an energy savings project with Oklahoma Gas & Electric and Honeywell. (Air Force photo by Kelly White)

Trends and Obstacles in the Power Industry Workforce

Baby boomers are retiring, unemployment is low, skilled craft workers are in short supply, and human resources in the workforce are a growing issue for power industry management. “Demography is destiny.”

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Human Factors: How Do Stress and Fatigue Affect Safety?

Ergonomics—human-factors engineering—should be considered in all workplace improvement efforts. Feeling safe and staying clear of injuries can immensely contribute toward increased productivity by reducing

Mt Tom Solar Farm

POWER Digest [July 2018]

Renewable Projects Planned in Australia. CWP Renewables, a company based in Newcastle, New South Wales (NSW), Australia, on May 28 said it received a $700 million investment from Partners Group, a