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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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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 […]
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Storing Energy in Salt—Vattenfall Testing Technology at Berlin Plant
Swedish power company Vattenfall is testing a technology that stores energy in salt, with a goal of proving whether the process would be useful for storage of renewable energy such as from wind and solar
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Vietnam Supports Solar and More Coal Generation
The first solar power plant licensed to operate in Vietnam came online in late April, another signal of the country’s increasing reliance on renewable energy. But analysts forecast that coal-fired power
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Power Marketer to Tri-State: We’ll Buy and Close Your Coal Plants
A wholesale power provider in Colorado wants to supply the state’s largest electric cooperative with power from mostly renewable sources, saying it will pay Tri-State Generation and Transmission Association to retire its coal-fired plants in Colorado and New Mexico. Tri-State, at least for now, said it will not consider the offer. Denver-based Guzman Energy on May […]
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Sempra, Saudi Aramco Have 20-Year Deal for LNG
Saudi Arabian Oil Co., better known as Saudi Aramco, on May 22 signed a 20-year agreement to buy liquefied natural gas (LNG) from a Texas export terminal being developed by California-based Sempra Energy. The two companies confirmed the deal is a sale-and-purchase agreement for 5 million tonnes per annum (MTPA) of LNG, which is equal […]
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Xcel Sets Closure of Minnesota Coal Plants
Xcel Energy on May 20 announced it would close its two remaining coal plants in Minnesota over the next decade, and the utility said it also wants to operate its Monticello nuclear plant in the state until at least 2040. Xcel, which is headquartered in Minneapolis, Minnesota, and serves electricity and natural gas customers in […]
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The POWER Interview: CleanSpark’s Bryan Huber Talks Microgrids, C&I Installations
Commercial and industrial (C&I) sites increasingly are looking for ways to increase the reliability and resiliency of their power supply, along with controlling their energy costs. These C&I projects include distribution centers, data centers, office parks, hospitals, college campuses, and also military bases. CleanSpark, a San Diego, California–based technology company which specializes in the optimized […]
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News
Judge: TVA Deal for Bellefonte Nuclear Plant Stays in Place
A federal judge this week ruled the Tennessee Valley Authority (TVA) must continue to honor an agreement to sell the unfinished Bellefonte Nuclear Power Plant to a real estate developer who has said he would complete construction of the long-idled project. U.S. District Court Judge Liles C. Burke, in a 17-page opinion issued after a […]
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GE Tops MHPS, Siemens in 1Q Turbine Orders
General Electric, Siemens, and Mitsubishi Hitachi Power Systems confirmed their gas turbine sales for the year’s first quarter, with GE taking the top spot with six orders for its advanced HA-class unit. The three companies on May 14 confirmed the numbers to Reuters. GE, which had no sales in the same period a year ago, […]
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