Archive: Business

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Gas-Fired Generation Will Top 2018 Capacity Additions

The U.S. Energy Information Administration’s (EIA’s) latest report on the nation’s power generation inventory expects 32 GW of new capacity will enter commercial service this year, the most in at least at decade. And for the first time in five years, renewable energy sources will not make up the majority of that new generation. Nearly […]

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Siemens Plans Temporary Shutdown of Power & Gas Division

Siemens, one of the world’s largest turbine manufacturers, said it plans to temporarily shut its Power & Gas (PG) division operations worldwide in an effort to cut costs. The Germany-based energy giant in a May 7 news release said, “The shutdowns are part of a comprehensive package of measures, which also includes issues such as […]

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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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MHPS Tops GE, Siemens in Gas Turbine Market

A report from Barclays Plc said Mitsubishi Hitachi Power Systems (MHPS) received more than half of all global orders for gas-fueled turbines in the first quarter of 2018, the company’s best-ever performance in a market that has seen traditional gas turbine manufacturers struggle in recent months. The market report from the London, UK-based multinational investment […]

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Kentucky Coal Plant’s Future in Doubt

An electric cooperative that provides wholesale power and services to customers in 22 counties in western Kentucky has told state regulators it intends to end an operating agreement at a 312-MW coal-fired plant in Henderson, which could lead to the plant’s retirement. Big Rivers Electric on May 1 told the state Public Service Commission (PSC) […]

North Anna Generating Station, Dominion. Source: Commons

More Gas, Renewables in Dominion’s Future

Dominion Energy plans to build eight new natural gas-fired power plants and speed the pace of its renewable energy efforts, according to the utility’s integrated resource plan (IRP) filed with Virginia regulators on May 1. The company also said its future plans focus on regulations on carbon emissions in part because Virginia is considering joining the […]

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FAA Initiative Highlights Best Practices for Flying Drones BVLOS

A three-year-long initiative spearheaded by the Federal Aviation Administration (FAA) in collaboration with industry has yielded a blueprint that establishes best operational and safety practices and recommended technologies for flying commercial drones beyond the visual line of sight (BVLOS). As part of the FAA’s 2015-chartered Pathfinder Initiative, the agency partnered with three private companies to […]

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Renewable Energy Storage Takes Off in Europe

Just weeks after the 12th International Renewable Energy Storage Conference (IRES2018) concluded in Düsseldorf, Germany, newly announced figures from Bloomberg New Energy Finance (BNEF) confirmed that battery storage technologies coupled with rapidly expanding renewables are blunting new fossil fuel investments. BNEF’s 2017 figures show that over $330 billion was invested in renewables with comparative costs […]

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Distributed Gas Generation: Big Power in Small(er) Packages

The traditional electricity grid is being transformed, as more businesses look to control their costs by producing their own power. A need for reliable backup power, the push for more resiliency in generation

RNLI Redcar drill 12-07-14. Redcar Lifeboat Station, Royal National Lifeboat Institution drill. The lifeboats are joined by a RAF Search and Rescue Sea King. Courtesy: flickr / Archangel12

Offshore Wind Has Taken Off in Europe

A sharp surge in new, larger offshore wind installations in Europe throughout 2017 dramatically shows the viability of a technology that has truly come of age. As costs fall and generation capacity increases

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Offshore Wind May Finally Be Here (Really)

New low prices for offshore wind energy projects in Europe have excited policymakers up and down the East Coast about prospects in the U.S. and emboldened some to finally pull the trigger on long-mooted plans