Business

Small modular reactors (SMRs) are becoming a technology of choice among those who continue to push nuclear power as a zero-emissions source of generation. The collapse of plans to build new large reactors in the UK has meant companies there are looking at SMRs in an effort to keep that country’s nuclear power program viable. […]

(BARBERTON, Ohio, USA – January 28, 2019) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W) announced today that its Denmark-based subsidiary, Babcock & Wilcox Vølund, and its project partner, Interserve, have successfully turned over a renewable energy plant project near Dunbar, East Lothain, Scotland, to the customer, Viridor. The Dunbar Energy Recovery Facility, a municipal […]

Re-powering of Cooperative Energy’s R.D. Morrow, Sr. Generating Station in Purvis, Mississippi Third order for new Siemens HL-class gas turbine Higher efficiency and reduced CO2 emissions Long-term service contract included Siemens has secured an order in the U.S. for the re-powering of Cooperative Energy’s R.D. Morrow, Sr. Generating Station facility in Purvis, Mississippi. The customer […]

Laura Stern, co-founder and president of Nautilus Solar Energy, was a guest on The POWER Podcast. Founded in 2006, Nautilus is a leading acquirer, developer, and operator of community solar projects. During the past five months, the company has acquired community solar projects in Minnesota, Massachusetts, New York, Maryland, and Rhode Island. Community solar refers […]

A final rule the Nuclear Regulatory Commission (NRC) plans to publish this spring to replace pivotal actions it issued after the Fukushima accident will require U.S. nuclear generators to ensure they can mitigate severe events at reactors within a two-year compliance timeframe. More than three years after it was proposed, the NRC’s five commissioners on […]

Shares of beleaguered California utility Pacific Gas & Electric (PG&E) soared on Jan. 24 after a state agency said the company bore no responsibility for a 2017 wildfire in the state. A statement from the California Department of Forestry and Fire Protection (Cal Fire) on Thursday said, “After an extensive and thorough investigation, Cal Fire […]

Public Service Enterprise Group (PSEG) has again told New Jersey officials it needs subsidies to continue operating its three nuclear power units in the state, reiterating that without financial help it will begin closing its Hope Creek Generating Station and Salem Nuclear Power Plant as early as 2022. The three reactors are the only remaining […]

Siemens Gamesa Renewable Energy (SGRE) recently signed its third contract with Voltalia in Brazil to supply the wind project Ventos da Serra do Mel 2 (VSM 2). The scope of the contract with Voltalia, recognized international player in renewable energy with a presence in 18 countries, includes the supply of 36 units of the SG […]

Power companies worldwide are struggling to balance talent shortages with changing skills needed for an increasingly digitalized business, the newly released Global Energy Talent Index (GETI) suggests.  The Jan. 22–released annual energy recruitment and employment trends report by Airswift, a global energy workforce provider, and Energy Jobline, an online jobsite dedicated to the energy and […]

Pacific Gas & Electric (PG&E) on Jan. 23 said a federal judge’s proposal that the utility mitigate fire danger in its service territory by trimming trees, along with inspecting and repairing thousands of miles of power lines, could cost the company as much as $150 billion this year. William Alsup, a judge in the U.S. […]