Business

MHI to Continue Pre-Construction Work for North Anna Unit. Mitsubishi Heavy Industries Ltd. (MHI), through Mitsubishi Nuclear Energy Systems Inc., and Dominion subsidiary Virginia Electric and Power Co. on Dec. 27 said they had reached an agreement to continue pre-construction, engineering, and planning work in preparation for a third unit at Dominion’s North Anna Nuclear […]

Although it doesn’t get much attention, the world’s first and largest source of renewable electricity, water power, is still a major player on the world stage. Though viewed as politically incorrect by some folks, mostly in the developed world, and despite its well-known environmental impacts, using water to turn turbines to generate electricity represents an attractive way to generate electricity with no fuel costs, even in the U.S. Here’s what’s being talked about in the U.S., India, Turkey, Nigeria, and China.

Despite high-powered congressional legislation in 2005, the U.S. is still unable to site high-voltage interstate transmission lines in a timely fashion. Two new reports suggest ways out of the gridlock.

Uranium remains plentiful around the world, says a new resource study from MIT, obviating the need to "close" the nuclear fuel cycle by reprocessing and developing breeder reactors.

Given cloud computing’s potential to lower operating costs and increase flexibility, it’s no wonder that it is on the cusp of sending the corporate world into a paradigm shift.

The process of banking allowances under the existing schemes for creating markets for pollution reductions has created a set of difficult problems as those programs have changed, wiping out significant value from the allowances.

As mergers and acquisitions in the power sector heat up again, questions arise about how employee benefits are affected by these complex business deals.

Paul Browning, vice president, thermal products for GE Power & Water, sees the greatest short-term business opportunities beyond the U.S., in “high-speed” countries.

Utilities have achieved success by supplying electricity from central station plants (the supply side) to a grid that carries electricity to customers (the demand side). One way to improve the efficiency of this supply chain is by adopting smart grid technology. The weak link in that chain is convincing customers to use, and regulators to invest in, the smart grid.

Bill Newsom—vice president, sales & marketing, Mitsubishi Power Systems Americas Inc.—talks about taking the long view with the company’s U.S. investments.