Business

GE Power’s CEO on March 4 said his company sees the global gas turbine market stabilizing, in part due to better accessibility to natural gas worldwide. Scott Strazik made the comment during GE’s Investor Outlook on Wednesday. The event is an annual overview of the company’s operations that GE gives to investment professionals. The outlook […]

March 4, 2020 — The technology group Wärtsilä has signed a long-term operation & maintenance (O&M) agreement with Energía del Pacífico for a 378 MW power plant in El Salvador. The 15-year agreement was signed in Q4 2019 and will take effect when the plant commences operations at the end of 2021. Wärtsilä will start […]

Reggio Emilia, Genoa, 3 March 2020 – Iren S.p.A., through its subsidiary Iren Energia S.p.A., signed a contract with Ansaldo Energia for the new combined gas cycle realization, with an investment of approximately €180 million, which will increase installed capacity at the Turbigo site, which is all natural gas fed, from the current 850 MW […]

Hingham, MA (March 3, 2020) – Russelectric, a Siemens business, a leading manufacturer of power control systems and automatic transfer switches, announces the availability of customized Russelectric supervisory control and data acquisition (SCADA) systems, enabling users to monitor system operation, acknowledge alarms, and review PLC setpoints and alarm history. All screens are custom-designed for each […]

A UK-based hedge fund billionaire is urging large central banks to end their funding of coal-fired power plant projects. Chris Hohn, founder of TCI Fund Management and a champion of causes to combat climate change, expressed his concerns in letters published March 1 to the Bank of England, the European Central Bank, Barclays, HSBC, and […]

Puerto Rico has been battered by natural disasters in recent years, with hurricanes Irma and Maria in 2017, and a series of earthquakes in late December 2019 and early January 2020, causing widespread damage

One of the world’s first molten salt tower concentrated solar power (CSP) projects that uses a “Stellio” heliostat was grid-connected at the end of December in China’s Xinjiang province near the

Metal loss of the pressurized tubes inside the boiler is a big concern for boiler designers and operators. Changing fuel composition and other service parameters can lead to accelerated erosion and corrosion

Though much attention has been focused on the exciting realm of nuclear reactor technology innovation, major efforts to improve nuclear fuels—and boost power generation safety and economics—are underway

Utilities and other power generators need to prepare now for increased loads as the electrification of transportation grows. As with any challenge, opportunities exist for those willing to invest in electric