Business

Two VECO-Drives will replace the existing boiler water feed pumps speed control in the NanSha thermal power plant Significant improvement of overall efficiency and reduction of energy consumption as well as greenhouse gas emissions Guangzhou, China. On August 27, 2018, Voith and Guangzhou China Resources Thermal Power Co., Ltd. signed an order for two VECO-Drive […]

Clarke Energy to Deliver Four of GE’s Jenbacher J320 Gas Engines to Power Trigeneration Plant at Djamaâ el Djazaïr Mosque being Built in Mohammadia, Near Algiers Jenbacher Trigeneration Units to Supply Reliable, Lower-Emission Power, Heating and Cooling Project Highlights Growing Industrial Demand for Advanced Trigeneration Technologies ALGIERS, ALGERIA—August 30, 2018—GE’s Distributed Power business (NYSE: GE) […]

FirstEnergy Solutions Corp. (FES) notified PJM Interconnection, the regional transmission organization (RTO), of its plans to deactivate four fossil-fuel generating plants in 2021 and 2022. In a press release issued on August 29, the company said it “is closing the plants due to a market environment that fails to adequately compensate generators for the resiliency […]

A spate of major power companies—including American Electric Power (AEP) and Southern Co.—have acquiesced to investor pressure and announced drastic cuts to their generating fleet carbon emissions over the long term. Industry group Edison Electric Institute (EEI) this week launched an official industry-designed template to help its member utilities better inform investors about their environmental, […]

An executive with the AES Shady Point coal-fired power plant in Oklahoma said the facility could close as soon as January after being notified its power purchase agreement (PPA) will not be extended. Oklahoma Gas & Electric Co. (OG&E) this month said it will not execute another five-year extension of a PPA between the two […]

According to the Center for Climate and Energy Solutions, renewable energy is the fastest-growing energy source globally where 24% of the energy generated in 2015 came from renewable sources such as biomass, geothermal, solar, hydro, wind, and biofuels. This is expected to increase to 31% by 2040 and will heavily depend on a number of […]

Lake Mary, Florida (August 28, 2018) — Officials from Mitsubishi Hitachi Power Systems Americas joined with NTE Energy executives today to mark the formal start of operations at a new North Carolina clean power plant featuring MHPS technology. MHPS executives helped cut the ribbon on NTE Energy’s $500 million Kings Mountain Energy Center (KMEC); located […]

The Trump administration has extended a potential lifeline to coal-fired power plants with its Affordable Clean Energy (ACE) rule. Now the debate is about how much the plan will actually help coal generation. Energy analysts and other industry experts who spoke with POWER on August 28 say the new rule, which would give individual states the […]

Munich / Boston, 2018-Aug-27 Successful strategic alliance with Bentley Systems, which started in 2016, to be further expanded Joint investment initiative extended by an additional €50 million, totaling €100 million Ambition to further accelerate joint business In the companies’ latest Alliance Board meeting, Bentley Systems and Siemens decided to further strengthen their strategic alliance. The […]

On August 8, Georgia Power announced that its revised capital and construction cost forecast for its share of the Plant Vogtle expansion project had increased from $7.3 billion to $8.4 billion, based on a revised cost-to-complete estimate from Southern Nuclear. The news was softened somewhat by Georgia Power’s declaration that significant construction progress had been […]