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Coal
EIA: 13.7 GW of Coal Capacity Was Retired in 2015
Of nearly 18 GW of U.S. generating capacity permanently shuttered in 2015, 77% was conventional steam coal–fired. About 30% of that 13.7 GW in coal capacity was retired in April 2015, when the Environmental Protection Agency’s (EPA’s) Mercury and Air Toxics Standards (MATS) rule went into effect, said the Energy Information Administration (EIA) on March […]
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Nuclear
Palo Verde Nuclear Plant Shatters Own Generation Record in 2015
The 4-GW three-unit Palo Verde Nuclear Generating Station has broken its own generation record, producing the highest electricity output of any nuclear plant in the world. APS, the Arizona utility that operates the plant, said Palo Verde generated 32.5 million MWh in 2015, making it still the only U.S. power plant to ever produce more […]
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Solar
Vivint Halts Pending Merger with SunEdison Citing “Willful Breach” of Agreement
Distributed energy firm Vivint Solar has terminated an agreement under which it would have merged with renewables giant SunEdison in a $2.2 billion deal. The Lehi, Utah–based company told investors on March 8 that it had delivered a letter notifying SunEdison that the merger agreement had been terminated, owing to SunEdison’s “failure to meet obligations” […]
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POWER news—March 3, 2016
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide U.S. Cybersecurity Super Team Reveals How Attackers Prompted Ukraine Blackouts External malicious actors deployed a "synchronized and coordinated" cyberattack to prompt the large-scale blackout in Ukraine last December, a U.S. interagency team has confirmed. The event on December 23, 2015— […]
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Press Releases
Power Rental Market in Southeast Asia to Boom Following the Increased Demand from Utilities and Industrial Sectors Through 2020, says Technavio
March 1—LONDON–(BUSINESS WIRE)–Technavio analysts forecast the power rental market in Southeast Asia to post a CAGR of close to 11% by 2020, according to their latest report. Power rental market in Southeast Asia to post a CAGR of close to 11% by 2020, according to Technavio. Tweet this The research study covers the present scenario and growth prospects […]
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Press Releases
Fluor Finalizes Acquisition of Netherlands-Based Stork
March 01, 2016 04:17 PM Eastern Standard Time IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that the company closed its acquisition of Stork Holding B.V. Fluor announced in early December 2015 that the company had agreed to purchase 100 percent of Stork’s shares from UK-based private equity firm Arle Capital Partners. .@FluorCorp finalizes acquisition of Netherlands-based Stork […]
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Press Releases
Global Investment in Drones and Robotics Technologies for Transmission and Distribution is Expected to Total Nearly $16.2 Billion from 2015 to 2024, According to Navigant Research
Drone technologies can assist utility infrastructure maintenance efforts by determining where ground crews should be deployed March 02, 2016 05:15 AM Eastern Standard Time BOULDER, Colo.–(BUSINESS WIRE)–A recent report from Navigant Research examines the market for drone and robotics technologies for transmission and distribution (DRTD), providing an analysis of market issues and global forecasts for revenue, segmented […]
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Press Releases
Sumitomo Corporation Invests in Biomass Fuel Manufacturing Business in Brazil
NEW YORK, Feb. 26, 2016 /PRNewswire/ — Sumitomo Corporation today signed a contract to acquire up to 20 percent of Cosan Biomassa S.A. ( “Cosan Biomassa”), a subsidiary of the world’s largest sugar & ethanol company, Cosan S.A.Industria e Comercio ( “Cosan S.A.”) and producer of sugarcane pellets for power generation, subject to the prior approval […]
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Press Releases
GE and American Electric Power Debut First-of-its-kind Integrated Distribution Operating Platform
Innovative program fuels grid interoperability, enhances reliability and resiliency The IDOP platform lowers costs, reduces maintenance and optimizes productivity The first deployment of GE’s ADMS, PowerOn Advantage, in the U.S. ORLANDO – March 1, 2016 – GE (NYSE: GE) and American Electric Power (NYSE: AEP), one of the largest electric utilities in the U.S., successfully […]
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Press Releases
Siemens H-class gas turbines exceed 200,000 operating hours
The fleet of Siemens H-class high-efficiency gas turbines achieved more than 200,000 operating hours in January 2016. There are currently 19 turbines in the SGT-8000H series in commercial operation, and they are setting the standard for efficiency, reliability, and availability. Siemens has sold a total of 76 H-class gas turbines worldwide to date: This makes […]
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