Utilities are faced with many disruptive changes in the power market. Customers are demanding cleaner energy and turning to distributed generation as a solution. One expert suggested power companies must react and evolve their business models to change with the times. During a keynote presentation at the Distributed Energy Conference in Golden, Colorado, on October […]
In July 2016, a coal silo collapsed at an Indiana power plant. The root cause was identified as cracking of the cone-to-skirt weld. Warnings to inspect this vulnerable weld were published widely in conference proceedings and trade journal articles. Nevertheless, coal silos continue to fail at an alarming rate (Figure 1), which suggests that the […]
A handful of nuclear power projects around the world completed notable achievements recently: Rostov 4 entered commercial operation, Tianwan 4 achieved first criticality, the Akademik Lomonosov floating nuclear power plant completed fuel loading, Leningrad II-1 received its commissioning permit, and the dome was installed on Karachi 3. Rostov 4 Rostov Unit 4 was placed into […]
GE announced that H. Lawrence Culp Jr. has been named chairman and CEO of the company replacing John Flannery effective immediately. GE’s board of directors voted unanimously on the decision, and it also appointed Thomas W. Horton as lead director. In a press release, GE specifically cited weak performance in the GE Power business for […]
More than 35,000 visitors from 100 nations were expected to attend the vast Global Wind Summit, which began Tuesday, September 25, in Hamburg, Germany’s Exposition Center. The expo is one of the world’s largest wind energy events. Held every two years and organized by WindEurope, the Global Wind Energy Association, and VDMA Power Systems, it […]
Lead analyst Stephen Tusa lowered J.P. Morgan’s rating on GE stock after “checks on two initial U.S. installations revealed failures of the first stage blade of GE’s H-frame gas turbine,” thestreet.com reported on September 20. Tusa—who has long been critical of GE’s prospects—reportedly wrote, “The impact on ‘asset value’ from a failure at GE’s U.S. […]
As a vote by owners on the fate of the Vogtle nuclear expansion project hangs in the balance, the City of Jacksonville, Florida, and JEA—the city’s municipal utility that serves about 458,000 electric customers—filed a complaint in the Fourth Judicial Circuit Court of Florida on September 11 asking for declaratory judgment on a power purchase […]
It is safe to say that all electricity customers want reliable and resilient power service. One way that some end-users are ensuring they get it is by investing in distributed energy resources and building microgrids. But rather than simply using these systems as emergency backups, more and more owners are finding ways to capture economic […]
The POWER Podcast Archive: How Power Companies Can Influence Customer Behavior https://www.powermag.com/how-power-companies-can-influence-customer-behavior-podcast/ Power Market Is Changing — Distributed Energy Gaining Ground https://www.powermag.com/power-market-is-changing-distributed-energy-gaining-ground-podcast/ Net Metering and Time-Variant Rates Drive Solar Power and Energy Storage Growth https://www.powermag.com/net-metering-and-time-variant-rates-drive-solar-power-and-energy-storage-growth-podcast/ Distributed Energy Systems Are Reliable Solutions https://www.powermag.com/distributed-energy-systems-are-reliable-solutions-podcast/ Power Industry Continues to Face Uncertainty and Change https://www.powermag.com/power-industry-continues-to-face-uncertainty-and-change/ Resource Diversification a Key […]
A Massachusetts Institute of Technology (MIT) interdisciplinary study found that nuclear power has the potential to contribute greatly to the achievement of deep decarbonization goals, yet despite its promise, cost hinders the expansion of nuclear power. “The Future of Nuclear Energy in a Carbon-Constrained World” was released on September 3. It is the eighth in […]
