POWERnews [Dec. 29, 2016]

A Look Back at 2016: The Year of Transition

A tumultuous election year that was marked by market turmoil, the events of 2016 clearly showed that big change is afoot for the power sector. Many of POWER's bold predictions…

U.S. Coal Fleet Continues Contractions Despite Looming Changes in Policy

Some of the U.S. coal market’s own product wound up in its stocking this Christmas season. Despite hope from the election of Donald Trump and a potential shift toward more…

Westinghouse’s Losses from Nuclear Business Deal Mount

Toshiba Corp.—the parent of Westinghouse Electric Co.—said it might book huge losses as a result of Westinghouse’s acquisition of the nuclear construction and integrated services business CB&I Stone & Webster…

Oregon Wave Energy Center Gets $40 Million for Test Facility

Oregon State University’s Northwest National Marine Renewable Energy Center was awarded up to $40 million by the DOE to create a wave energy test facility in Newport.

DOE's First Advanced Fossil Fuel Loan Guarantee Commitment Awarded to Methanol Plant with Carbon Capture

The Department of Energy's (DOE's) first loan guarantee under an $8 billion solicitation for advanced fossil energy projects may go to a methanol production facility in Lake Charles, La., that…

THE BIG PICTURE 2016: The Year in Power Sector Infographics

POWER‘s monthly infographic sheds light on power sector trends globally, and in 2016, it highlighted water issues, future coal fleet technologies, U.S. power plant retirements, energy storage technologies, China's power…