Business

  • U.S. Biomass Power, Dampened by Market Forces, Fights to Stay Ablaze

    Though experts say biomass should continue to play a key role in the U.S. renewable power portfolio for its baseload properties, contributions to forest management, and other reasons, a swathe of uneconomic

  • Federal Appeals Court Upholds New York’s Nuclear Subsidies

    New York’s subsidies of nuclear power are legally sound, the U.S. Court of Appeals for the Second Circuit has concluded. The decision comes two weeks after the Seventh Circuit upheld a similar measure in Illinois. The development marks a victory for the nuclear industry, which has been financially crippled by the rise of cheap gas […]

  • Duke Hit Hard by Exorbitant O&M Costs at Edwardsport IGCC Facility

    Duke Energy will swallow $30 million in runaway costs associated with operating its five-year-old 618-MW integrated gasification combined cycle (IGCC) facility in Edwardsport, Indiana, if a settlement the company reached with Indiana consumer groups last week is approved. Duke declared Edwardsport Generating Station “in service” in June 2013, despite a series of hiccups that delayed […]

  • Garlock Launches ABRA-SHIELD™, an Expansion Joint Material Designed for Abrasion Protection

    PALMYRA, N.Y., Sept. 26, 2018 /PRNewswire/ — Garlock – a leading manufacturer of high-performance fluid sealing products – has launched ABRA-SHIELD™, a proprietary expansion joint liner material designed for abrasion resistance and sustainability in demanding high temperature operating conditions. As the newest addition to Garlock’s family of abrasion resistant expansion joint materials, ABRA-SHIELD™ will join […]

  • Deadline Extended for Vote on Future of Plant Vogtle

    The drama over the fate of the Plant Vogtle nuclear expansion in Georgia continued September 25 as the four co-owners of the project sparred over conditions that one of the co-owners, Oglethorpe Power, wants in order to secure its support for moving forward with the project. A vote on the future of the oft-delayed, massively […]

  • Siemens Cutting 2,900 Jobs, Vying with GE for $15B Iraqi Contract

    Siemens on September 24 said it would cut about 2,900 jobs, mostly from its Power and Gas division in Germany, as it continues restructuring to achieve cost savings amid a tough global market for turbine manufacturers. Siemens on Monday said the cuts will save the company about €270 million ($318 million) and is part of […]

  • Greensmith Energy Unveils Standardized Energy Storage Solution

    The technology group Wärtsilä has released a new solution, GridSolv, the company’s first standardized energy storage solution. GridSolv is an advanced energy storage solution that is designed to offer maximum flexibility and speed of deployment. This innovative and standardized architecture supports both standalone energy storage deployments as well as integrated hybrids with thermal or renewable […]

  • Oglethorpe Agrees to Continue Vogtle Nuclear Project with Conditions; Final Vote Still to Come

    Owners of the beleaguered Plant Vogtle nuclear expansion project have voted—at least for now—to continue construction of two new AP1000 reactors at the site near Waynesboro, Georgia. Directors of the Municipal Electric Authority of Georgia (MEAG Power) and Oglethorpe Power on September 24 each agreed the oft-delayed and increasingly over-budget project should move forward, although […]

  • APR Energy Commissions 300MW Power Plant in Pangaon, Keraniganj, Bangladesh

    JACKSONVILLE, Fla. — APR Energy, a global leader in fast-track power solutions, today announced that it has successfully completed the installation and 100-hour commissioning test of a 300MW power project for the Bangladesh Power Development Board (BPDB). The company will operate as an independent power producer (IPP) for a term of five years at its […]

  • How the Vogtle Nuclear Expansion’s Costs Escalated

    The project to expand the two-unit Plant Vogtle nuclear power station in Georgia with two new AP1000 reactors has suffered debilitating delays and mounting costs. The project is owned by four partners: Southern Co. subsidiary Georgia Power (45.7%), Oglethorpe Power Corp. (OPC, 30%), Municipal Electric Authority of Georgia (MEAG Power, 22.7%), and Dalton Utilities (1.6%). Units […]

  • Companies End Effort to Buy Navajo Generating Station

    The companies negotiating to purchase the largest coal-fired power plant in the southwestern U.S. have ended their pursuit, which means the 2,250-MW Navajo Generating Station (NGS) near Page, Arizona, remains scheduled to close by year-end 2019. Avenue Capital, a New York-based global investment firm focused on distressed assets, and Chicago-based Middle River Power on September […]

  • Gryphon International Engineering Services is Now CHA Canada

    CHA Subsidiary Rebrands and Launches New Website St. Catharines, Ontario and Albany, NY – CHA Consulting, Inc. (CHA), a highly diversified, full-service engineering design firm, announces its subsidiary, Gryphon International Engineering Services, has rebranded as CHA Canada.  Based in St. Catharines, Ontario, the award-winning thermal, power and energy engineering arm of CHA has also launched a […]

  • Esdec Launches U.S. Operations, Introduces FlatFix Solar Mounting System

    Leading European rooftop mounting company brings customer-centric innovation to U.S. solar market ATLANTA—September 20, 2018—Esdec, a leading European solar rooftop mounting solutions provider, announced today that it is entering the U.S. market. With more than 1.8 GW of installed capacity and leading market share in several European countries, the company brings 14 years of solar mounting and […]

  • Shell and NREL Launch Cleantech Incubator: Shell GameChanger Accelerator Powered by NREL

    DENVER (Sept. 20, 2018) — Shell today announced a new multimillion dollar, multiyear program to discover and advance emerging clean energy technologies with the potential to dramatically alter the future global energy landscape. Partnering with early-stage startup companies, the new Shell GameChanger™ Accelerator Powered by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) (GCxN) […]

  • Con Edison Will Acquire 981 MW of Renewable Electric Production Projects from Sempra Energy

    NEW YORK (September 20, 2018) – Consolidated Edison, Inc. (NYSE: ED) (“Con Edison”) today announced that one of its subsidiaries has agreed to acquire a Sempra Energy subsidiary that owns 981 megawatts (MW) AC of operating renewable electric production projects, including its 379 MW AC share of projects that it owns jointly with Con Edison subsidiaries, […]

  • AP1000 Reactor Set for Commercial Operation in China

    An AP1000 nuclear reactor at the Sanmen power plant in China will likely be the first of its kind to begin commercial operation, with reports saying the reactor could come online as early as September 21. A statement from China National Nuclear Power Company, issued to the stock exchange in Shanghai on September 20, said […]

  • 3-D Printed Gas Turbine Technology Marks ‘Game Changing’ Milestone

    The world’s first 3-D printed burner for an industrial gas turbine has been in operation for one year with no reported issues. Siemens, which installed the burner for the 32.8-MW SGT-7000 gas turbine at E.ON’s combined cycle power plant in Philippsthal in the German state of Hessen said on September 19 that it has been […]

  • Vogtle’s Escalating Costs Concern Lawmakers, Stakeholders

    The Vogtle nuclear expansion’s “ever-escalating” cost is concerning several members of Georgia’s General Assembly, according to a letter sent to partners building the much-delayed project. Twenty lawmakers from both houses of state government—19 Republicans and one Democrat—sent a letter to the board of directors at Georgia Power Co., Oglethorpe Power Co. (OPC), and Municipal Electric […]

  • GE Gas Turbine Blade Issue Concerns Analyst

    Lead analyst Stephen Tusa lowered J.P. Morgan’s rating on GE stock after “checks on two initial U.S. installations revealed failures of the first stage blade of GE’s H-frame gas turbine,” thestreet.com reported on September 20. Tusa—who has long been critical of GE’s prospects—reportedly wrote, “The impact on ‘asset value’ from a failure at GE’s U.S. […]

  • [VIDEO] An Iconic Nuclear Plant Shuts Down

    The Oyster Creek Nuclear Generating Station in New Jersey, the oldest operating nuclear plant in the U.S., was shut down on September 17, 2018. For more, see “Oldest U.S. Nuclear Plant Shuts Down.” Visit our video archive

  • Leading Japanese Enterprise IT Supplier Macnica Signs Strategic Partnership Agreement with AutoGrid to Deploy Flexibility Management in Japan

    Redwood City, Calif. (September 19, 2018) — AutoGrid is scaling up its presence in Japan. AutoGrid today announced a partnership with Macnica, a leading Japanese supplier of networking and software products to governments and enterprise customers, to deploy its suite of energy internet applications, AutoGrid Flex and AutoGrid Engage. The partnership will focus on extending AutoGrid […]

  • Argonne’s Joint Center for Energy Storage Research Renewed for 5 Years

    MENLO PARK, CA (September 18, 2018) – The U.S. Department of Energy (DOE) today announced plans to provide $120 million over five years to renew the Joint Center for Energy Storage Research (JCESR), a DOE Energy Innovation Hub devoted to advancing battery science and technology, led by Argonne National Laboratory. “Improvements in battery performance are paramount to […]

  • How Independence Power & Light Saves Ratepayers $100k a Year Using Artificial Intelligence Technology

    At this moment, the lights are on around the country in homes and workplaces.  Most don’t realize, perhaps take it for granted, that those lights come on because of the hard work of dispatchers operating one of the most important manmade systems ever built, the national electric power grid. Without oversimplifying the process too much, […]

  • Siemens and E.ON reach milestone with 3D-printed burner for SGT-700 gas turbine

    Siemens and E.ON have reached a significant milestone in the area of 3D-printing for the energy sector. The world’s first 3-D printed burner for an SGT-700 gas turbine has been in operation for one year at E.ON’s combined cycle power plant in Philippsthal in the German state of Hessen and the results are impressive. The […]

  • PSRE Co. Announces New Version of PASS/HYDROSYSTEM

    Affordable, smart simulation has been extended to include three-phase oil/gas/water flow and multi-parameter optimization for automatic sizing of piping systems 18 September 2018.  PSRE Co., the leading developer of smart simulation and sizing tools for every piping and equipment engineer/designer, is pleased to announce the new version 4.1 of PASS/HYDROSYSTEM scheduled for release beginning of […]

  • Grasshopper Announces USD $10 Million Investment in 4-MW Solar Portfolio in Japan

    TORONTO, September 18, 2018— Grasshopper Solar, Canada’s largest vertically integrated solar energy company, announces a USD $10 million investment in six solar power plants from Univergy Solar in Japan. These six ground mount projects, ranging from 439kW to 971kW totaling 4 MW, will utilize 12,500 solar panels, generate 4,544 MWh of clean energy and deliver […]

  • Oldest U.S. Nuclear Plant Shuts Down

    The Oyster Creek Nuclear Generating Station in New Jersey, the oldest operating nuclear plant in the U.S., was shut down September 17. Workers marked the closure with a ceremony at the plant, as 400 current employees and former workers watched via a livestream as operators took the plant offline. Oyster Creek, a 625-MW single-reactor plant […]

  • Lawsuits Raise Stakes on Vogtle Nuclear Expansion Vote

    As a vote by owners on the fate of the Vogtle nuclear expansion project hangs in the balance, the City of Jacksonville, Florida, and JEA—the city’s municipal utility that serves about 458,000 electric customers—filed a complaint in the Fourth Judicial Circuit Court of Florida on September 11 asking for declaratory judgment on a power purchase […]

  • California Mandates 100% Renewable Energy

    California Gov. Jerry Brown on September 10 signed into law a measure requiring the state to produce all its electricity from renewable sources by 2045. It’s a goal that also has been set by Hawaii and is being discussed by other states. Environmental groups and renewable energy advocates immediately praised Brown’s action. Utilities operating in […]

  • IAEA: ‪Global Nuclear Power Industry Is ‘Struggling’

    Nuclear power’s share of the world’s power generating mix could shrink dramatically from 10% in 2017 to just 5.6% in 2050 as the industry struggles with “reduced competitiveness,” the International Atomic Energy Agency (IAEA) suggested in a new report. The international organization based in Vienna, Austria, that works to promote the peaceful use of nuclear […]