Business
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Wind
Siemens Gamesa Posts Nearly $1 Billion Quarterly Loss
Siemens Gamesa chief executive Jochen Eickholt acknowledged equipment failures in both the company’s onshore and offshore wind turbines, leading to higher warranty provisions, contributed to a nearly $1 billion net loss for the company in the last three months of 2022. Eickholt on Feb. 2 said the company’s October to December—the group’s fiscal first quarter—loss […]
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Press Releases
TotalEnergies reaches 1 GW of solar power contracts for self-consumption by its B2B customers worldwide
Paris, 2nd February 2023 – TotalEnergies has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. This performance is the result of a strong development strategy based on a multi-energy approach to support its B2B customers in their energy […]
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Press Releases
SKF Grease Cartridge Eases The Job of Lubrication
SKF’s robust, compact cartridge pump simplifies and improves lubrication by dispensing grease from standard tubes that are widely available from distribution or retail outlets Gothenburg, Sweden, February 1, 2023: SKF has developed a compact cartridge pump that provides effective lubrication to applications such as small agricultural and construction machinery. The pump, called AECP, automatically lubricates […]
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History
Why Constellation Energy, a Nuclear-Heavy Giant, Is Primed for Power Futurity
Spun out of Exelon Corp. a year ago, Constellation Energy’s competitive generation and customer-facing energy businesses represent a new power company paradigm that conforms to decarbonization. But the company that today holds the largest nuclear fleet in the U.S. will still face a unique array of challenges.
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Trends
Floating Nuclear Power Buoyant on New Prospects
In July 1968, the U.S. Army sent the world’s first floating nuclear power plant, the Sturgis, to the Panama Canal to help overcome a regional hydroelectric power plant shortage, which was driven by a severe
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Energy Security
2022 Set a Global Record for Coal Generation
The recent shake-up in natural gas markets and their ensuing impact on energy security, and geopolitical tension, dramatically altered the trajectory of global coal-fired generation, sending it soaring to
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Carbon Capture
Carbon Capture: Perspectives on the State of Affairs
Carbon capture is an important means of addressing worldwide greenhouse gas levels, but where are we in terms of implementation? Carbon capture will play a key role in decarbonization plans for businesses
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Engineering
Engineering the Next Generation
Improving processes and unlocking future innovations relies on new ideas. Many of the engineers of tomorrow who will deliver these breakthroughs are currently learning their craft at universities around the
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Commentary
Why Solar Parks Are in Desperate Need of Good Publicity
Americans have much to gain from having a solar project installed in their local community, but their relationship with solar energy is hardly a love affair. The infamous NIMBY (not in my backyard) phenomenon
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Microgrid
Microgrids Can Provide Resiliency During Extreme Weather Events
Microgrids are small, self-sustaining local power systems that provide big benefits to the communities they serve. As extreme weather events become more common, microgrids will become more important not only
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