Business

SEBEWAING, MICH. (October 18, 2018) — As phased decommissioning of coal plants and additional renewables integration into the grid have led to increased variability in the Midcontinent Independent System Operator (MISO)’s wholesale electricity segment, GE’s Distributed Power business (NYSE: GE) and Clarke Energy — GE’s authorized Channel Partner of Jenbacher* gas engines in Michigan — today announced that they […]

Kazakhstan Electricity and Power Market Operator (JSC “KOREM”) summed up the results of the final auction for the construction of renewable energy power plants. According to the results, Hevel Group was awarded a 15-year PPA for the sale of power from a 70-MW solar plant in southern Kazakhstan. Commissioning is planned for 2019-2020. “This tender […]

Utilities are faced with many disruptive changes in the power market. Customers are demanding cleaner energy and turning to distributed generation as a solution. One expert suggested power companies must react and evolve their business models to change with the times. During a keynote presentation at the Distributed Energy Conference in Golden, Colorado, on October […]

Dominion Energy has filed an application to extend the operating licenses for two 45-year-old nuclear reactors at the Surry Power Station through 2052 and 2053—when they will be 80 years old.  Surry’s Unit 1 and 2, located near Newport News, Virginia, are three-loop Westinghouse pressurized water reactors (PWRs) that began operation in December 1972 and […]

The U.S. Senate has cleared a major water infrastructure bill that contains several provisions promoting hydropower development, sending it to the president’s desk. The Senate passed S. 3021, “America’s Water Infrastructure Act of 2018,” on October 10 through a bipartisan vote of 99–1. Because the House of Representatives unanimously passed the bill in a voice […]

American Electric Power (AEP) this week confirmed it will close its coal-fired Conesville Power Plant in Ohio earlier than originally planned. An AEP spokesperson in an email to media confirmed the plant’s workers were told October 5 that the plant will close by May 31, 2020. AEP said Units 5 and 6 at the plant, […]

Colorado-based Westmoreland Coal Co. on October 9 said it had filed for Chapter 11 bankruptcy, with the company reporting more than $1.4 billion in debt. The company in its annual financial report in April of this year said it was considering bankruptcy in an effort to protect it from creditors. Westmoreland, which has operated for […]

BADEN, Switzerland (October 9, 2018) — GE Power announced it won the contract to deliver the turbine island equipment for El Dabaa nuclear power plant project in Egypt through AAEM its joint venture with Atomenergomash. GE Power will supply the basic design of four conventional island, supply four nuclear turbine generator sets, including the Arabelle half-speed steam […]

Nearly half of the $2.66 billion spent by the U.S. Department of Energy (DOE) since 2010 to develop advanced fossil energy technologies was dedicated to nine carbon capture and storage (CCS) demonstration projects—but only three were active at the end of 2017, and only one was at a power plant. In a report prepared for […]

Babcock Power Environmental Inc., a Babcock Power Inc. company, signs Technology Collaboration Agreement with India’s major power generator, BHEL. Chennai, Tamilnadu, India – Babcock Power Environmental Inc. (BPE) announced today that they have entered into a Technology Collaboration Agreement with Bharat Heavy Electricals Limited (BHEL), India’s leading power producer whose equipment account for over 60% […]