Business

The Netherlands, a country that recently commissioned three state-of-the-art coal plants and has been reluctant to close them, on October 10 moved to phase out coal power by 2030. Meanwhile, the UK and Canada this week jointly urged other nations to drop coal from their power profiles. The countries are part of a growing list […]

Mexico’s energy reform began in 2013. It has opened up key parts of the country’s electricity sector to new market participants, foreign investors, and innovative technology. Prior to the reform, Mexico operated under a traditional, vertically integrated model with the state-owned Federal Electricity Commission (CFE) responsible for all power supply functions from generation to distribution. […]

A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price environment” will force it to retire a 1.9-GW coal-fired power plant operating in the Texas market. The plant’s economic woes suggest a larger swath of […]

The Federal Energy Regulatory Commission (FERC) set a three-week window for comment on the proposed Department of Energy (DOE) grid resiliency rule that 11 power trade groups—representing natural gas, wind, solar, public power, and power consumers—worry could have serious ramifications for competitive markets because it favors coal and nuclear. The groups filed a joint motion on […]

Less than a week after GE struck a $2.6 billion deal with ABB for GE’s electrification business, GE Power completed the $3.4 billion sale of its lucrative water and process technologies division to multinational water management firm SUEZ. The sale of GE Water & Process Technologies, a systems and services provider of water, wastewater and […]

POWER magazine was launched in 1882, just as the world was beginning to grasp the implications of a new, versatile form of energy: electricity. During its 135-year history, the magazine’s pages have reflected the fast-changing evolution of the technologies and markets that characterize the world’s power sector today. The History of POWER is the History […]

POWER magazine—the oldest-running trade publication for power generators in the world—has since its establishment in 1882 been a valuable resource for business and technology developments. Here are compelling excerpts from the magazine’s voluminous pages over the 14 decades it has been published. [Scroll down for full content.] Source: POWER magazine archives. All rights reserved.  —Sonal […]

The rapid adoption of electric vehicles (EVs)—both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs)—is expected to transform global electricity consumption through 2040, three

Construction Scheduled for Hydrogen Fuel Cell Plant in South Korea. Hanwha Energy  on August 25 approved formation of a subsidiary,  Daesan Green Energy , to build a 50-MW hydrogen fuel cell plant in the

Given the opportunity to help India’s bread basket alleviate a chronic power shortage, a major engineering, construction, and manufacturing firm built its first 1,400-MW coal-fired power plant in just 54