Archive: Business

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Electric Vehicles—Subsidies for an Environmental Pretender

On May 22, the Edison Electric Institute (EEI), the American Public Power Association (APPA), and two groups representing U.S. and foreign automakers sent a letter to Environmental Protection Agency (EPA)

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Deionization Resin Capacity Monitoring – White Paper

Eliminating contamination of a power plant’s water cycle is a critical element of protecting expensive plant equipment such as turbines and boilers from corrosion and pitting. Learn about a proactive approach for predicting when resin exhaustion will occur that offers significant benefits over the traditional elapsed time and totalized flow methods.

Elijah Skinner, MGC Roofing and Construction, lifts a bundle of roof panels off a flat-bed truck to be used to roof the 919th Special Operations Wing headquarters building Sept. 4 at Duke Field. The construction workers off-loaded approximately 1,000 panels that day. (U.S. Air Force photo/Staff Sgt. Samuel King Jr.)

Equipment Showcase: Construction Equipment

Successfully operating a power plant or other industrial complex depends on many things, including the vendors who supply equipment for construction of the facility, along with those who provide the materials

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GE CEO: Company ‘Finished’ with Restructuring

General Electric (GE) saw its stock price surge more than 7% on June 26 after the company said it would dissolve its stake in oil services company Baker Hughes and spin off its healthcare unit over the next few years. The announcement comes one day after GE said it would sell its Distributed Power business, […]

Money roll. Source: AMagill/Flickr

GE to Sell Distributed Power Business to Private-Equity Firm

GE will sell its Distributed Power business, which includes the company’s Jenbacher and Waukesha engines, to Advent International, a global private equity investment company, in a deal worth $3.25 billion. “In Advent, we have a partner that shares our team’s passion for delivering outstanding customer outcomes,” Carlos Lange, president of Distributed Power, said in a […]

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First AP1000 Nuclear Units Reach Key Milestones

Two Westinghouse AP1000 nuclear power plants being constructed in China have successfully completed significant project milestones. Sanmen Unit 1—the world’s first AP1000 reactor—achieved initial criticality on June 21. Initial criticality is a nuclear industry term meaning the reactor’s neutron population has remained steady from one generation to the next and the nuclear fission chain reaction […]

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Restructuring on Horizon for Siemens and GE

Siemens and General Electric, two rivals battling financial problems due to fewer orders for their flagship energy products and services, could each announce major restructuring moves in the coming weeks, according to media reports. Reuters on June 21, citing a person familiar with the matter, said Siemens plans to merge or trim some of its […]

Comparison of lights at night in Puerto Rico before (top) and after (bottom) Hurricane Maria. Note: Lower image date should read "September 25, 2017". Source: NOAA

Puerto Rico’s Grid Needs Resiliency. Here’s Why It Won’t Be Easy.

Puerto Rico’s energy infrastructure must be redesigned and rebuilt with an emphasis on resilience—and that will require wide-ranging, long-term efforts, the Department of Energy (DOE) says in a new report. In its June 20 report, “Energy Resilience Solutions for the Puerto Rico Grid,” the agency lists a number of recommendations for the government of the […]

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AEP’s $4.5B Wind Catcher Project Gets Louisiana’s Approval

American Electric Power’s (AEP’s) proposed $4.5 billion Wind Catcher Energy Connection project—the largest single-site wind project in the nation—has garnered approval from the Louisiana Public Service Commission (LPSC).  The LPSC on June 20 approved a settlement agreement related to the project, which is proposed by AEP subsidiary Southwestern Electric Power Co. (SWEPCO). Under the proposal, […]