Business

Utility mergers and acquisitions are on the upswing again. When faced with flat load growth, pervasive regulatory uncertainty, and the rising cost of doing business, larger companies are better able to afford expensive new plants while maintaining shareholder dividends.

With natural gas serving as the fuel de jour, many utilities and merchant generators will be considering the purchase of new combustion turbines in the near future. If you are in the market for a gas turbine, here are some key design features you should discuss with turbine vendors prior to your next purchase.

Life-cycle cost of ownership is a common metric used to compare power plant system alternatives. However, the familiar formula for calculating the cost of generating electricity omits factors that are becoming increasingly important to business decisions. A new formula addresses those blind spots by estimating the value of the part-load performance of cycling combined-cycle plants.

Italian Firm Wins Contract to Build Massive African Hydropower Plant. Italian construction firm Salini Costruttori said on March 31 it has signed a €3.35 billion contract with Ethiopia state-owned Ethiopia Electric Power Corp. to build a 5,250-MW hydropower plant on the Blue Nile, a tributary of the Nile River. The project, slated to be completed […]

The North American Electric Reliability Corp. (NERC) Reliability Standards are under constant revision even while new requirements are under active development. Three important regulatory definitions are currently being contested.

While China seems determined to exploit its current control over the market for rare earths and other minerals critical to high-tech and green energy technologies, and while governments engage in conventional hand-wringing and head-scratching, markets appear to be reacting in the ways that markets are supposed to react.

For many energy analysts and policy makers, efficiency is the Holy Grail, the universal solvent, the way to effortlessly reconcile supply and demand while simultaneously serving the needs of the environment. Don’t build new power plants, says policy guru Amory Lovins; gather "negawatts" instead. President Obama says that Americans "can save as much as 30% of our current energy usage without changing our quality of life."

ABB, BHEL to Deliver $1.1B Multi-Terminal UHVDC Line in India. Zurich-based ABB and Indian state-owned company Bharat Heavy Electricals Ltd. (BHEL) said on March 23 that they had been selected by Power Grid Corp. of India Ltd. (PGCIL) to deliver an ultrahigh-voltage direct current (UHVDC) transmission system to convey hydropower from northeastern India to the […]

U.S. Supreme Court rulings in two recent cases further advance the rights of employees in disputes with employers, continuing a long-term trend in federal law on employment discrimination.

In 1983, OSHA published its Hazard Communication (HAZCOM) Standard, which requires that the hazards of all chemicals used in the workplace be communicated to employees so that responsible protective measures can be taken. Today, HAZCOM remains near the top of the list of most frequently violated OSHA standards that result in a citation. The 1917 Halifax Explosion, one of the world’s largest nonnuclear explosions, testifies to what can happen when you don’t have—or don’t follow—an effective HAZCOM program.