Business

The District of Columbia Public Service Commission (PSC) on Friday (Feb. 26) rejected a restructured $6.8 billion merger proposal between Exelon and local electric utility Pepco, but offered a counter proposal with conditions that the two companies are likely to approve easily, according to local opponents of the merger. The commission turned down the merger […]

A proposal put forth by China—and one that it says has received “positive responses” and substantial backing from international groups, including the United Nations—foresees a global smart ultra-high-voltage (UHV) grid that transmits only “clean energy.” The Global Energy Interconnection (GEI) outlined by State Grid Corp. Chairman Zhenya Liu on February 25 at the IHS CERAWeek […]

Discover the Power of Digital
White Paper: Powering the Future
Leading the Digital Transformation of the Power Industry
By:
Marco Annunziata, GE’s Chief Economist
Ganesh Bell, Chief Digital Officer of GE Power
Digital technologies are transforming the power sector. From delivering power to underserved markets to managing variations in market conditions and fuel costs, power leaders are using analytics and

The OPEC secretary general and Saudi Arabia’s minister of petroleum shared their views on low oil prices, shale, and climate change at IHS CERAWeek.

We live in a world of “slow growth and volatility,” said Jeffrey Immelt, chairman and CEO of General Electric, but there’s an opportunity to “make a lot of money” if you have courage in such times.

Mexico’s ongoing energy reform is a “paradigm shift” in the way the country obtains, transforms, and exploits its energy resources, President Enrique Peña Nieto told attendees at IHS CERAWeek on February 22. The reform allows the state to maintain ownership of hydrocarbons underground, but it also encourages private participation in the entire hydrocarbon value chain […]

Despite the positive attributes of nuclear power—zero carbon emissions, reliable generation, low fuel costs, and a small footprint—the outlook for new nuclear in the United States is “bearish,” said Anthony Ianno, a Morgan Stanley managing director who follows the electricity business as an investment banker and dealmaker.

Problem
A Florida pulp and paper mill faced a complicated, dangerous process to clean its power boiler during scheduled outages.
Previous efforts to clean the boiler included manual water blasting from scaffolding, which posed a safety risk to workers below due to the potential for falling debris.
Solution
The Operations team at MPW Industrial Services recommended that the facility’s

Closure of Exelon’s 614-MW R.E. Ginna and Entergy’s 882-MW James A. FitzPatrick nuclear plants will leave New York with a statewide power deficiency starting in 2019, the New York Independent System Operator (NYISO) has concluded. A generator deactivation assessment issued on February 11 that is focused on reliability impacts stemming from the deactivation of the FitzPatrick […]

Duke Energy is considering the sale of all or most of its international power plants, about 4,400 MW dispersed throughout Central and South America. The company’s international business segment, Duke Energy International (DEI), was forced to make the disclosure in light of a required statement from its Brazilian subsidiary, Duke Energy International, Geração Paranapanema S.A. […]