Business
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Press Releases
Analysis: Wind energy expansion would have $27 billion economic impact
WEST LAFAYETTE, Ind. (April 15, 2020) — Wind, which generates less greenhouse gas emission than burning fossil fuels, is making up an increasing share of the energy production portfolio in the United States. But wind is not as efficient as coal or natural gas, causing some concern about its economic impact. A Purdue University study […]
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News
Wind Energy Leads U.S. Power Generation Growth
The trade group representing the U.S. wind energy industry says the sector emerged as the top provider of new utility-scale power generation in the nation in 2019, with 9.1 GW of large wind power projects coming online. The American Wind Energy Association (AWEA), in its Wind Powers America Annual Report 2019 released April 16, said […]
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Gas
Wärtsilä gas engine power plant begins commercial operations bringing greater efficiency and flexibility to Mississippi electric coop
A 22.7 MW flexible gas power plant delivered to Benndale, Mississippi, USA by the technology group Wärtsilä commenced commercial operations on 8 April, 2020, allowing electricity to be sold to the grid. The plant is owned by Cooperative Energy, a member owned electric cooperative, and was supplied by Wärtsilä on a full Engineering, Procurement & […]
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Nuclear
U.S. Nuclear Industry Shaved Generating Costs by 7.6% Compared to 2018
The U.S. nuclear power fleet last year achieved its lowest recorded average total generating costs in two decades—$30.42/MWh—though it ran at a record-high 93.4% average capacity factor. Total generating costs were 7.6% lower last year compared to the prior year, and have fallen nearly 32% since 2012. The numbers, highlighted in the Nuclear Energy Institute’s […]
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Nuclear
Vogtle Workforce Reduced by 20%, but Other Projects Strong in March
The COVID-19 outbreak and efforts to halt the spread of the virus are having a real impact at the Vogtle nuclear expansion construction site, but project starts elsewhere were robust in March. Cutting Workforce Due to COVID-19 On April 15, Georgia Power announced in an 8-K filing with the U.S. Securities and Exchange Commission that […]
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News
Clean Energy Sector Sheds 106,000 Jobs in March
The renewable energy sector has been hit hard by the coronavirus pandemic, with more than 106,000 U.S. workers losing their jobs last month, according to an analysis of unemployment data released April 15 from several clean energy groups. Wednesday’s report said hundreds of thousands more job losses in the sector are expected in the next […]
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Interview
The POWER Interview: Powering Through a Pandemic
It’s an unprecedented time for power generators worldwide. Utilities, grid operators, equipment manufacturers, and others working to keep the lights on know that a reliable supply of electricity is more important than ever as the world battles through the coronavirus pandemic. Dino Barajas, who recently joined the finance arm of DLA Piper in Los Angeles, […]
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News
Siemens Group Reopens Plants; GE Closing U.S. Factory
Global wind turbine manufacturers Siemens Gamesa and Vestas have restarted work in their facilities in Spain, after that country eased some of the restrictions in place as part of the lockdown due to the COVID-19 pandemic. The move comes at the same time that General Electric announced it would close a subsidiary’s wind turbine manufacturing […]
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Press Releases
Framatome signs long-term service contract to support operation at Taishan EPRs in China
April 14, 2020 — Framatome signed a long-term service contract with the Taishan Nuclear Power Joint Venture Company Limited (TNPJVC) to support operations of two EPRs at the Taishan Nuclear Power Plant in China. This contract covers nuclear plant outage and maintenance work, including spare parts supply and engineering services for eight years. “This contract […]
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Cybersecurity
NERC Moves to Defer Reliability Standards, Provide COVID-19 Flexibility
The North American Electric Reliability Corporation (NERC) has asked the Federal Energy Regulatory Commission (FERC) to delay the implementation of seven reliability standards that relate to cybersecurity, training, disturbance monitoring and reporting, generator relay loadability, and coordination of protection systems for performance during faults. In an April 6 filing to FERC, NERC noted the rules […]