Business

A unanimous vote by New Mexico’s Public Regulation Commission (PRC) today determined that Public Service Co. of New Mexico (PNM) will be allowed to provide new renewable capacity to a proposed Facebook facility through a special service agreement.

PSEG is faced with providing economic and reliable power as demand and fuel prices fluctuate, while maintaining a profitable business.

Turkish President Erdogan’s meeting with Russia’s President Putin could signal a major shift in energy flows into the EU and increase the West’s dependence on Russian gas, which could open the door wider for U.S. LNG.

China’s ambassador to the UK, in an opinion piece in British newspaper Financial Times, warned that Sino-British relations are “at a crucial historical juncture” and suggested that enormous recent Chinese investments in Britain are at risk should the planned Hinkley Point C nuclear reactor project be cancelled. The long-delayed and much-debated two-unit expansion at the […]

Massachusetts’ lawmakers approved an omnibus energy bill that sets down an energy storage mandate and requires utilities to solicit contracts for 1.6 GW of offshore wind. The bill also outlines clean energy procurement targets, including for 1.2 GW from hydro, onshore wind, and other renewables from within the state, from neighboring states, or from Canada. […]

Italian firm Ansaldo Energia successfully defended an arbitration case brought by Siemens in the International Chamber of Commerce (ICC) Arbitral Tribunal regarding its right to use Siemens gas turbine technology under a license agreement, the company said on Aug. 1. The dispute stemmed from an agreement that ran from 1991 through October 2004 under which […]

Düsseldorf’s new “Block Fortuna” at the Lausward Power Plant, owned by municipal utility Stadtwerke Düsseldorf, is setting records and giving Germany’s coal-fired power plants some much-needed competition for backing up the nation’s large percentage of variable renewable power. Germany’s Energiewende (literally, “energy turn”) functions as something of a living laboratory, where innovation equals survival, because […]

We’ve all probably purchased a “lemon”—an item that didn’t work as advertised—but when that lemon is a $2.1 billion power plant, you can’t just return it. For Longview Power’s management team, taking a “belts-and-suspenders” approach to problem-solving allowed them to identify root causes, make changes, and convert their lemon into “lemonade.” Most people expect a […]

Effectively managing time, budget, and resources has always been the goal of companies involved in constructing power generation projects, but today the challenges in meeting those goals can be greater than ever. Any power generation company involved in new construction or an upgrade or retrofit project hopes it will see completion safely, without exceeding schedule […]