Current Issue – POWERnews

GE Sets Sights on MHPS and Siemens Customers

Drawing on decades of gas turbine experience, GE’s Power Services business announced on May 16 that it is expanding its cross-fleet service offerings to a broader portion of the F-class…

DOE Lays Out How Power Sector Could Win the Cybersecurity Battle

Cybersecurity threats are outpacing the energy sector’s “best defenses,” and costs of preventing and responding to cyber incidents are straining company efforts to protect critical infrastructure, the Department of Energy…

Wind Power Faces a Post-PTC 'Valley of Death'

Wind power capacity in the U.S., whose explosive growth has tripled since 2008—even overtaking hydropower to become the nation’s largest source of renewable electricity—could face a period of stagnation once…

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…

Report Says More Nuclear Plants in Financial Trouble

A report from Bloomberg New Energy Finance (BNEF) says the financial struggles of U.S. nuclear power plants continue to increase, and it is likely more plants will be faced with…

Alaska’s Only Nuclear Plant Will Be Decommissioned

It’s been nearly 50 years since Alaska’s only nuclear power plant was in service. Nonetheless, the site has continued to be a hub of activity off and on over the…

GE Will Take on Alstom Stakes in Energy Joint Ventures for $3.2B

GE will buy Alstom’s stakes in three energy joint ventures (JVs) the companies formed when GE acquired Alstom’s energy business nearly three years ago. Alstom and GE on May 4…

Eighth Reactor Restarts in Japan, Seven Years After Fukushima

Unit 4 of Japan’s Ohi nuclear power plant is online again, the eighth reactor in the country to resume service after the Fukushima disaster in 2011. Japan idled all 50…