Archive: Business

EEI 2018_CEO roundtable

Exelon CEO Clarifies Headline-Grabbing No-Grid-Emergency Comment

Chris Crane, CEO of Exelon Corp., seemed to take umbrage with the way comments he made on June 5 were reported by Utility Dive. The website published the headline “Exelon CEO: No grid emergency to justify DOE coal, nuke bailout,” but Crane went out of his way to clarify his position while on stage participating […]

FirstEnergy Corp. wants to deactivate the Pleasants Power Station, a 1.3-GW coal power plant near Belmont, West Virginia, by January 2019. The plant began operations in 1979. During construction of the plant, cooling tower #2 collapsed, killing 51 workers. The construction accident in April 1978 is still considered one of the worst in U.S. history. Courtesy: FirstEnergy

Swift (and Angry) Reaction to Trump Move to Save Coal, Nuclear Plants

Reactions from U.S. energy and legal and regulatory groups began pouring in minutes after the White House confirmed on June 1 that President Trump has directed the Department of Energy (DOE) to act immediately to stop the loss of uneconomic coal and nuclear plants.  White House Press Secretary Sarah Sanders said in a June 1 […]

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Pioneer PSEG Improves Performance

PSEG is faced with providing economic and reliable power as demand and fuel prices fluctuate, while maintaining a profitable business.

Ceramic clad. General Atomics says its silicon carbide ceramic technology greatly enhances nuclear fuel rod coping time under loss of core cooling and improves performance across normal operations. The company’s cladding design combines a tough composite layer with an impermeable monolithic layer. Courtesy: General Atomics

How General Atomics Developed Its Revolutionary Nuclear Fuel Solution

The U.S. is pouring funding into developing new fuel technology for advanced nuclear reactors in a bid to help the flagging industry. On April 27, it awarded General Atomics (GA) $3.2 million for two projects that the San Diego, California-based company is developing, including an accident tolerant fuel (ATF) solution that the company says is […]

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India’s Power Industry Struggles to Solve Pollution Problems

In a bid to tamp down pollution, India’s government in December 2015 notified the country’s coal generators they would need to meet—for the first time—new emissions limits for nitrogen oxides (NOx), sulfur dioxide (SO2), and mercury, as well as tightened limits for particulate matter (PM) and water consumption. The gazetted notification gave new plants until […]

Money roll. Source: AMagill/Flickr

THE BIG PICTURE: CEO-to-Employee Pay Ratio

As required for the first time by a new Securities and Exchange Commission (SEC) rule mandated by the 2010 Dodd-Frank Act and Item 402(u) of Regulation S-K, public companies in early 2018 began disclosing ratios that compare total compensation paid to principal executive officers (PEOs), such as a CEO, to the median of the annual […]

Working together. The benefits of outcome-based services are numerous, but the most-significant benefit is arguably the opportunity for energy companies to focus on their core business. Courtesy: Honeywell Process Solutions

Rethinking the Service Delivery Model for Guaranteed Outcomes

Service delivery models are today undergoing unprecedented change to accommodate the needs of customers trying to navigate business and market uncertainties. Around the world, industrial manufacturers are facing new and familiar challenges ranging from economic and competitive pressures and the tightening availability of resources, to aging workforces, rising technology and operating costs, and heightened focus […]

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Common Goals and Team Mentality a Winning Combination

A lot of things factor into success at a coal-fired power plant, but leadership and teamwork certainly rank high on the list. Comanche Generating Station has parlayed those two attributes, among others, into a

Hoa Binh Hydropower Plant (Dam) Courtesy: PV Power

POWER Digest [June 2018]

Marking an important milestone in energy storage’s steady charge to become a key element in balancing variability posed by renewables, ACCIONA Energia has received a prototype certificate from DNV GL for a

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The Power Grid’s Great Transition

POWER has been reporting for many years on changes taking place in the power generation mix around the globe. Renewable energy, such as wind and solar generation, has been growing steadily in most parts of the