-
News
GE Is Banking on Africa’s Burgeoning Power Market
Sub-Saharan Africa’s power generation capacity is projected to surge 4% annually through 2040, and its current energy mix—which is today dominated by hydro and coal—will likely be more diversified as interest rises in renewables such as solar and wind, General Electric (GE) said in a white paper surveying market opportunities in the region that it […]
-
News
Dispute Flares About Equipment at Abandoned V.C. Summer Nuclear Project
The fight about who owns equipment at the now-abandoned V.C. Summer 2 and 3 AP1000 reactors in South Carolina intensified on May 14, as key stakeholder Santee Cooper sued lead contractor Westinghouse for certification documentation related to that equipment. The lawsuit filed with the U.S. District Court for the District of South Carolina, Charleston Division, […]
Tagged in: -
Legal & Regulatory
A Renewed Congressional Focus on Investigating the Energy Industry
Legislative scrutiny of the energy industry have picked up of late. Here are practical steps from law firm K&L Gates that your company could take to prepare for congressional investigations.
-
News
Insights Into Siemens’ Stunning Gas and Power, Renewables Shakeup
In the days following its May 7 announcement that it will spin off its Gas and Power business, Siemens has fleshed out how and when the carveout will occur, laid out its reasons for lumping its energy businesses together, and put forth a market case for why a business separation may be a “win-win” situation […]
-
POWERnews—May 9, 2019
May 9, 2019 Siemens Will Exit Power, Gas, Renewable Businesses Siemens will spin off and give up its majority stake in its lucrative Gas and Power division—comprising its conventional power generation, power transmission, oil and gas, and related services businesses—and… Read More Last Reactor at Three Mile Island Will Shut by End of September The […]
-
News
ERCOT Warns of Summer Emergency Conditions as Demand Continues to Soar
The Electric Reliability Council of Texas (ERCOT) has issued a fresh warning that continued “above-normal” growth in electric demand could require it to enter Energy Emergency Alert (EEA) status to maintain system reliability this summer. As it released its final Seasonal Assessment of Resource Adequacy (SARA) for the upcoming summer season (June to September), a preliminary […]
-
News
EPA Will Issue Final Carbon Rules for Power Plants in June
The Environmental Protection Agency (EPA) plans to take final action to repeal the Clean Power Plan in June 2019, a federal court filing shows. The agency told the D.C. Circuit—in a May 6 status report—review of the Obama-era rule that sets the first carbon dioxide limits for existing power plants “continues to be a high […]
Tagged in: -
POWERnews—May 2, 2019
May 2, 2019 Iraq Chooses Siemens as Partner in $15 Billion Power Deal Iraqi Prime Minister Adel Abdul Mahdi and Germany-based Siemens on April 30 confirmed reports that Iraq has chosen Siemens as its main partner in what it calls a “roadmap” agreement… Read More Sponsored Content Timken Power Systems: The Complete Drivetrain Solution What […]
-
News
EMP Threat Real but Limited, EPRI Says in Much-Anticipated Report
Depending on the hazard field, electromagnetic pulses (EMPs) resulting from detonation of a nuclear weapon at high altitude or in space could cause significant damage to electronics on the bulk power system and even prompt a regional voltage collapse, the Electric Power Research Institute (EPRI) says in much-anticipated findings from its three-year study on high-altitude […]
Tagged in: -
News
NuScale Gains Potential Financial Backing for Worldwide SMR Deployment
NuScale Power, the front-runner in the race to commercialize small modular reactors (SMRs), has bagged another major backer that could broaden its nuclear supply chain base and expand its financial standing. On April 29, NuScale signed a memorandum of understanding (MOU) with Doosan Heavy Industries and Construction (DHIC), a South Korean–based engineering, procurement, and construction […]