Business

Xcel Energy said it will buy a natural gas-fired power plant in Minnesota from Southern Power, a subsidiary of Southern Co. The $650 million deal for the Mankato Energy Center puts Xcel in charge of a facility from which it has purchased power since the plant’s first unit came online in 2006. A second unit […]

KATSUURA CITY, JAPAN (November 7, 2018) — GE has been selected by Toyo Engineering Corporation on behalf of the project owner, GK KS Power 1, a special purpose vehicle consortium by GE Energy Financial Service and K-Energy, to provide its 1,500-volt inverters to build the 24-megawatt (MW) solar plant project located in Katsuura City, Chiba […]

PORTLAND, Ore. – NuScale Power is pleased to announce it has signed a memorandum of understanding (MOU) with Ontario Power Generation Inc. (OPG), Ontario’s public electricity generator, who has agreed to support NuScale in its vendor design review (VDR) with the Canadian Nuclear Safety Commission (CNSC), bringing NuScale closer to introducing its ground-breaking small modular […]

As the hubbub of interest and activity surrounds development of small modular reactors (SMRs) hovering between 60 MW and 300 MW, and medium-sized nuclear reactors of under 700 MW, several nuclear technology

Washington state’s latest effort to fight climate change, Initiative 1631 (I-1631), is on the November ballot. With a broad coalition of support from business, environmental, and special interest groups

Ørsted Snaps Up Deepwater Wind in Major U.S. Offshore Wind Deal. Danish offshore wind farm developer Ørsted in October entered into an agreement with U.S.-based D.E. Shaw Group to buy a 100% equity interest

New coal-fired generating plants are not showing up in the U.S. Elderly plants are retiring in large numbers. But other parts of the world continue to develop coal generation. Advances in combustion and

In the wake of the implementation of the 2017 Tax Cuts and Jobs Act (TCJA), many utilities and their holding companies are experiencing increasing pressure on cash flow due to the elimination of bonus

To remain efficient and profitable, utilities must anticipate the ebb and flow of the market. That means companies must gain visibility into the generation and consumption of energy. With network-level

Advanced technology now makes it possible for computers to do many of the monitoring and diagnostic tasks that used to require seasoned experts. Artificial intelligence and machine learning tools are being