Business
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Press Releases
Wärtsilä Signs Contract for 105-MW Power Plant in Bangladesh
March 15, 2018 — The technology group Wärtsilä this week is celebrating 20 years of supporting the development of Bangladesh by providing important added capacity to the country’s electricity grid. The latest contract signed this week is an equipment delivery for a 105-MW power plant being built by Baraka Shikalbaha Power Ltd, a private sector […]
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Legal & Regulatory
NRC Schedules Review of New Mexico Interim Nuclear Waste Facility
Marking a fresh development for the nation’s futile efforts to resolve a long-standing impasse on nuclear waste, the Nuclear Regulatory Commission (NRC) said it could issue a license for Holtec International’s proposed consolidated interim storage (CIS) facility for used nuclear fuel in New Mexico by July 2020 or earlier. Holtec, a Camden, New Jersey–based supplier […]
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Commentary
The Blockchain Energy Commodity Transaction Lifecycle
Glenn Reitman, Mark Radcliffe, Deanna Reitman DLA Piper Introduction Blockchain technology (sometimes referred to as distributed ledger technology) is the technology behind cryptocurrencies, such as Bitcoin and Ether (the cryptocurrency of the Ethereum blockchain), and it is fast becoming a platform for innovation in peer-to-peer transactions. In this article, we attempt to consider blockchain technology in […]
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Renewables
FPL Will Build New Gas Plant, Adds More Solar
Florida regulators on March 1 approved Florida Power & Light’s (FPL’s) plan to build a new $888 million natural gas-fired power plant, replacing an existing gas- and oil-fueled plant on the same site in Dania Beach that is being retired this year. The utility on Thursday also announced the opening of four new solar power […]
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Legal & Regulatory
FERC Finds No Evidence of Gas Withholding in New England
No evidence exists that New England local gas distribution companies engaged in practices to withhold natural gas pipeline capacity on the Algonquin system to drive up gas or power prices in the region, Federal Energy Regulatory Commission (FERC) staff revealed. FERC on February 27 closed an inquiry after conducting an “extensive review” of the allegations—which […]
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Renewables
ERCOT Anticipates Summer Supply Crunch Amid Unit Retirements
The recent retirement of older generating units and high peak usage owing to economic growth could tighten operating reserves in the region served by the Electric Reliability Council of Texas (ERCOT) this summer. The grid operator said on March 1 that total resource capacity for the upcoming summer (spanning June through September 2018) is expected […]
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IIOT Power
How to Automate Workforce Scheduling
If you’re a power plant supervisor, you’ve undoubtedly been forced to find a worker during off-hours on the spur of the moment. New tools are being used today that allow automating the callout process—and workforce schedule. Last summer City Utilities (CU) of Springfield, Missouri, joined a list of power companies automating workforce scheduling and callout […]
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Coal
King Coal Is Alive and Kicking in Poland
Running counter to the overwhelming trend in Europe, coal remains the king in Poland. The country’s governing party unabashedly champions the industry as the foundation of its energy sector—a footing it doesn’t want to abandon. In December 2018, as ministers and delegates from all over the world attend the United Nations-sponsored climate conference (COP24) in […]
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Commentary
How the Offshore Wind Energy Industry Can Overcome the Jones Act
Europe’s decade-long economic and regulatory commitment to the offshore wind industry has paid off. With approximately 14 GW of power installed as of June 2017, the continent now boasts more than 90% of
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IIOT Power
Using Data Analytics to Improve Operations and Maintenance
Power plants are challenged to generate value from their data, but this can be a tedious and slow process, with uncertain outcomes. Now, as shown in these use cases, data analytic solutions can put innovation