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News
Siemens Will Cut Another 2,700 Jobs; GE Announces Cuts in Switzerland
Siemens on June 18 said it would cut 2,700 jobs from its Gas and Power division, on top of 10,400 positions the German engineering firm last month said it would jettison as part of cost-cutting measures. The Siemens’ announcement comes one day after U.S.-based rival GE said it would cut 450 jobs at two of […]
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Connected Plant
The POWER Interview: Navigant Navigates Changing Energy Landscape
The rapid evolution of the world’s power generation landscape is creating challenges for utilities and others in the energy space, as power plant owners and operators adapt to new technologies and changing business models. Jan Vrins, managing director and segment leader for Navigant’s global Energy practice, is immersed in this change. Vrins, who joined Navigant […]
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VIDEO: Watch Demolition of Iconic LG&E Cane Run Coal Plant in Kentucky
The iconic Cane Run coal-fired power plant closed in June 2015 after 61 years of operation. The plant, owned by Louisville Gas & Electric (LG&E), was imploded on June 8 after months of preparation for its demolition. “Our company and our employees, who expertly manned the plant during its lifespan, celebrated many accomplishments as a […]
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News
The POWER Interview: Technology Helps Integrate Renewables to the Grid
Patrick Lee, who founded and leads PXiSE Energy Solutions, a subsidiary of San Diego, California-based Sempra Energy, is a proponent of energy sharing. His company builds enhanced grid management systems, using data, insights, and algorithms “to maximize efficiency and reliability of all DERs [distributed energy resources] as one system.” In other words, a PXiSE-supported microgrid […]
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News
Energy Insiders Say Tech, Collaboration Key to Utility Storm Prep
Hurricane season is underway and summer heat already has arrived in many areas, which again puts the spotlight on utilities, the power grid, and disaster response plans after a series of major weather events and wildfires caused outages and other disruptions in the U.S. and Caribbean in recent years. “We’re seeing these events occur, and […]
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News
DOE’s Perry: Coal, Nuclear Must Be Saved
Energy Secretary Rick Perry said coal and nuclear power must be part of the nation’s “all of the above” energy strategy, but the Department of Energy (DOE) does not have the “regulatory or statutory ability” to establish economic incentives for struggling U.S. coal and nuclear plants. Perry, who addressed the Edison Electric Institute’s (EEI’s) annual […]
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Deloitte Survey: Businesses Back Sustainability, Decarbonization
Utilities need to adapt as businesses continue to focus on sustainability, looking for cleaner energy sources and viewing such measures as an opportunity to create value, according to a Deloitte study released June 11. What’s less-focused is residential consumers willingness to adopt sustainability improvements, with cost and convenience playing a large role in their choices, […]
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The POWER Interview: State of the Wind, Solar, Storage, and Hydro Markets
Increased power generation from renewable resources such as wind and solar also has created a growing market for energy storage. Generators want to harness that power and have it available when it’s needed, whether or not the wind is blowing or the sun is shining. Rob Allerman, senior director of Power Analytics for Drillinginfo, which […]
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Gas
Financing Secured for GE’s UAE Combined Cycle Project
The first independent combined cycle power project in the emirate of Sharjah, in the United Arab Emirates (UAE), is taking shape after $1 billion in financing was recently secured from GE Energy Financial Services (EFS) and its partners. The plant, featuring three combined cycle blocks, is expected to have 1.8 GW of generation capacity. The […]
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News
POWER Notebook: GE Plant in France, Targeted for Job Cuts, Will Not Close
The head of GE’s operations in France told a Paris newspaper that a French factory targeted for more than 1,000 job cuts will not close. GE last week said it wanted to make its operations in France more efficient and said changes would come at the Belfort plant in eastern France, which handles technology for […]