Shares of General Electric (GE) have fallen about 50% over the past year, and on May 23 GE saw its stock drop more than 7%, its biggest one-day loss since April 20, 2009. Much of Wednesday’s decline came as CEO John Flannery was speaking to attendees at the Electrical Products Group (EPG) conference in Longboat […]

Officials with Hawaii Electric Light (HEL) on May 23 said the Puna Geothermal Venture power plant is secure, and that even if lava from the Kilauea eruption damages or destroys the facility, there is no danger of a blackout on the island because older, diesel-fueled plants have been brought online to provide electricity. HEL officials […]

NTE Energy on May 21 inaugurated the new Middletown Energy Center in Middletown, Ohio, the latest in a series of natural gas-fired power plants the Florida-based company is developing in Ohio, Texas, and North and South Carolina. NTE touts the 525-MW Middletown combined cycle facility as among the most efficient gas-fired power plants in the […]

NextEra Energy on May 21 said it would acquire several assets from Southern Co., including Southern’s ownership interest in two natural gas-fired power plants in Florida, in a deal valued at about $6.5 billion. Southern in a statement Monday said the sale would help the company reduce debt, which has dogged Southern as its subsidiary […]

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 of its remaining nuclear units after the incident at the Fukushima Daiichi plant, which occurred when a 9.0-magnitude earthquake in March 2011 caused a massive […]

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 early retirement. It’s another acknowledgement of the tough operating environment for nuclear facilities as gas-fired and renewable energy sources continue to grab more power generation […]

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 years; the steam plant that was served by the nuclear reactor remains online, today powered by diesel. And since 2003, the facility has been home […]

The U.S. Department of Energy (DOE) wants to know whether small-scale, modular coal-fired power plants are feasible. The DOE this week put out a request for information on how to accomplish such projects, following on its announcement earlier this year that it wants to establish funding opportunities for new coal technologies in an effort to […]

Florida regulators have given the green light to a pair of new natural gas-fired power plants that will add nearly 1,700 MW of generation capacity in the state, and a Florida-based energy project developer has announced a 1,000-MW gas-fired facility project in South Carolina. The Florida Public Service Commission (PSC) on May 8 gave approval […]

The U.S. Energy Information Administration’s (EIA’s) latest report on the nation’s power generation inventory expects 32 GW of new capacity will enter commercial service this year, the most in at least at decade. And for the first time in five years, renewable energy sources will not make up the majority of that new generation. Nearly […]

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 energy giant in a May 7 news release said, “The shutdowns are part of a comprehensive package of measures, which also includes issues such as […]

A report from Barclays Plc said Mitsubishi Hitachi Power Systems (MHPS) received more than half of all global orders for gas-fueled turbines in the first quarter of 2018, the company’s best-ever performance in a market that has seen traditional gas turbine manufacturers struggle in recent months. The market report from the London, UK-based multinational investment […]

An electric cooperative that provides wholesale power and services to customers in 22 counties in western Kentucky has told state regulators it intends to end an operating agreement at a 312-MW coal-fired plant in Henderson, which could lead to the plant’s retirement. Big Rivers Electric on May 1 told the state Public Service Commission (PSC) […]

Dominion Energy plans to build eight new natural gas-fired power plants and speed the pace of its renewable energy efforts, according to the utility’s integrated resource plan (IRP) filed with Virginia regulators on May 1. The company also said its future plans focus on regulations on carbon emissions in part because Virginia is considering joining the […]

The operator of the nation’s largest electrical grid on April 30 reiterated its system will remain reliable even with the retirements of substantial generation resources. But PJM Interconnection, whose system covers customers in 13 states, said it will conduct a review of its operations over the next several months “to understand the fuel-supply risks in […]

The first of four nuclear reactors at the Barakah plant in the United Arab Emirates (UAE) was completed in late March, a milestone both for the UAE and for South Korea, which supplied the APR-1400 pressurized

Mitsubishi Hitachi Power Systems (MHPS) in March said it would work with the Netherlands Carbon-Free Gas Power project to support the conversion of the country’s 1.32-GW Magnum gas-fired power plant to run

NTPC Commissions First Unit of Lara Project. The first unit of the 4,000-MW super thermal power project in Chhattisgarh in India was commissioned in late March by NTPC. The coal-fired plant, a $4.62

India’s government-owned National Nuclear Power Corp. (NPCIL) in March signed cooperation agreements for equipment and construction related to the massive 9,900-MW Jaitapur project in Maharashtra, the

The traditional electricity grid is being transformed, as more businesses look to control their costs by producing their own power. A need for reliable backup power, the push for more resiliency in generation

A joint venture of two Japanese energy companies reportedly plans to invest $935 million on U.S. power generation projects. Tokyo Electric Power Co. (TEPCO) and Chubu Electric Power, through their JERA joint venture, would make the investment by 2030, according to Asian news reports. AsiaElec reported that JERA currently has about 3,000 MW of generation in […]

The growth in power generation from renewable energy sources, along with the continued shift from coal-fired generation to natural gas, is expected to drive the global market for turbines over the next several years, according to a report released by international business analysts Research and Markets. The Dublin, Ireland-based company in an April 25 news […]

CenterPoint Energy, a Houston, Texas-based natural gas and electric utility company with sales and services operations in more than 30 states, on April 23 said it would buy Evansville, Indiana-based Vectren in a deal valued at more than $8 billion, including the assumption of more than $2 billion in Vectren debt. Both companies in statements […]

The Colorado Springs City Council, which also serves as the board for community-owned Colorado Springs Utilities (CSU), approved the settlement of a lawsuit brought against the city’s downtown coal-fired Martin Drake Power Plant, an agreement that in part promises CSU will look at options for 100% of its power to come from renewable sources as […]

A study from an economic, financial, and strategy consulting group says the Regional Greenhouse Gas Initiative (RGGI), a multi-state program designed to cap emissions from power plants in the northeastern U.S., has generated $4 billion in net economic activity even as it has increased electricity prices in the region. The report from the Analysis Group, […]

Debate continues over a proposed $1.5 billion power plant that would be built in North Bergen, New Jersey, and would send electricity to New York City. The project includes a 1,200-MW combined cycle facility, along with a 6.5-mile 345-kV underground and submarine cable that would go through Bergen County, under the Hudson River, and connect […]

PEORIA, ILL. (April 11, 2018) – Caterpillar Inc. today announced that Cat dealer Altorfer has commissioned a 500-kW solar photovoltaic (PV) utility-scale demonstration project in St. Charles, Ill., as part of a 20-year power purchase agreement with the Illinois Municipal Electric Agency (IMEA).  Featuring more than 4,800 Cat solar panels, the 2.3-acre facility is located […]

SAN FRANCISCO, California (April 11, 2018) – Pattern Energy Group LP (Pattern Development) today announced the completion of its 147-MW Mont Sainte-Marguerite Wind power facility. Mont Sainte-Marguerite Wind is located approximately 50 kilometers south of Québec City, in the Chaudière-Appalaches region. As announced in June 2017, the facility will be acquired by Pattern Energy Group […]

MIYAGI, Japan (April 11, 2018) —GE Power recently successfully delivered and commissioned its Brilliance Solar Inverters to Pacifico Energy Osaki GK for the 40.32-megawatt alternating current (AC) mega-solar project in Furukawa, Japan. GE’s Brilliance Solar Inverters meet the customer’s requirements both for reliability and cost competitiveness. Along with the inverters, GE also supplied ring main units […]

The company has been awarded an EPC contract for the entire project, which will encompass a wind farm with 56 turbines and a 20 MW / 34 MWh lithium-ion (Li-ion) battery. Siemens Gamesa Renewable Energy (SGRE) has been commissioned to build a pioneering wind complex in Australia, which will combine the installation of a wind […]