Business

Siemens CEO Joe Kaeser told a German newspaper the company will not reduce its workforce despite the economic downturn due to the worldwide COVID-19 pandemic. Kaeser, in an interview published April 11, said the company would likely continue having some employees work fewer hours at some of its facilities in Germany, and could extend that […]

Xcel Energy on April 6 announced the sale of the 760-MW Mankato Energy Center (MEC) gas-fired power plant in Minnesota, less than three months after purchasing the plant for $650 million from Southern Co. Xcel had said the MEC was an important piece of the utility’s goal to be carbon-free by 2050. Xcel reached a […]

Support Directed to First Responders, Community Relief Funds, and Teachers NRG Energy CEO, Mauricio Gutierrez, shares details of the company’s $2 million donation supporting COVID-19 relief efforts PRINCETON, N.J. – As the battle to contain the COVID-19 pandemic continues, NRG Energy, Inc. (NYSE: NRG) announces broad efforts to aid those on the front lines of […]

Westminster, Colorado (April 9, 2020) – Tri-State has achieved a significant milestone in its transition to be a more flexible and even cleaner power supplier through its transformative Responsible Energy Plan. The cooperative’s board of directors, representing each utility member, approved a new partial requirements contract option that will deliver its utility members the flexibility […]

The need to reduce carbon emissions is real. In 2018, the International Panel on Climate Change (IPCC) reported that global emissions would need to reach net-zero (or carbon-neutral) by 2050 to prevent severe climate change impacts. Electricity is a major contributor—electricity generation was responsible for approximately 33% of total CO2 emissions in the U.S. in […]

Scientists at SSC RF TRINITI JSC, a subsidiary of Rosatom’s science division, this week announced they have developed a method of disinfecting and sterilizing medical instruments, clothing, equipment, and facilities using mobile devices for the production of concentrated ozone. The action is one of several initiatives undertaken by Rosatom, the Moscow-based Russian state nuclear corporation, […]

Lawrence Livermore National Laboratory’s (LLNL’s) latest annual energy flow chart suggests that in 2019, for the second year in a row, wind and solar made up the largest increases in U.S. energy supply, but American consumption of energy fell after a record year in 2018. The national lab’s annual U.S. energy flow chart, or Sankey […]

esVolta, a developer and owner of utility-scale energy storage projects across North America, has been selected to deliver a new Lithium-ion (Li-ion) battery energy storage system for California Choice Energy Authority (CalChoice), a hybrid joint powers authority made up of five operational community choice aggregations (CCAs) in the cities of Lancaster, Pico Rivera, Rancho Mirage, […]

April 8, 2020 – Framatome was awarded a contract to deliver the reactor protection system for units 1 and 2 at the Kursk Nuclear Power Plant II in Russia. The contract includes planning, designing, manufacturing and implementing the system. This contract builds on the 2018 memorandum of understanding Framatome signed with Rusatom Automated Control Systems (RASU), a […]

PJM Interconnection, the nation’s largest regional transmission organization (RTO), is intensifying its response to the COVID-19 pandemic, preparing campuses for worker sequestration and closely coordinating with generators and transmission owners across its system as they grapple with workforce and supply impacts. Although most of PJM’s employees—with the exception of system operators and other essential personnel—are […]