Business

Entergy Arkansas said it will close the state’s two largest coal-fired power plants, along with one gas-fired plant, by 2030 as part of a settlement with environmental groups that sued the utility in federal court for alleged violations of the Clean Air Act (CAA). The Sierra Club and the Washington, D.C.-based National Parks Conservation Association […]

State-imposed standards and financial incentives such as those used to spur widespread adoption of renewables technologies offer a promising model to address challenges to commercialize small modular reactors (SMRs), says a report by the U.S. Department of Energy’s (DOE’s) Office of Nuclear Energy. But to make a meaningful impact, nearly $10 billion in incentives will […]

The U.S. Nuclear Regulatory Commission has approved the use of Mitsubishi Electric Total Advanced Control (MELTAC) Nplus S digital safety system controllers in U.S. nuclear power plants. While new to the U.S. industry, Mitsubishi said the MELTAC system is already deployed in 38 nuclear power plants around the world, primarily in Japan and China. MELTAC […]

Taking another steep hit from its beleaguered nuclear business, Toshiba Corp. said it will withdraw from construction of the proposed 3.8-GW Moorside nuclear plant in the UK, a project expected to comprise three AP1000 reactors.   The Tokyo-based conglomerate said on November 8 that it had also taken steps to “wind up” NuGeneration Ltd. (NuGen), […]

A wireless charging breakthrough demonstrated by the U.S. Department of Energy’s (DOE’s) Oak Ridge National Laboratory (ORNL) marks a leap toward allowing electric vehicles (EVs) to conveniently recharge within the same period that it typically takes to fill-up at a gas station. Researchers at the national laboratory at Oak Ridge, Tennessee, in October said they […]

The Office of Fossil Energy (FE) in the U.S. Department of Energy (DOE) this week said it will fund research and development (R&D) efforts “that will advance first-of-a-kind coal generation technologies.” The FE on November 13 said its Coal FIRST (Flexible, Innovative, Resilient, Small, Transformative) program “will develop the coal plant of the future needed […]

HOUSTON, Texas and BOSTON, Massachusetts (November 13, 2018) — Baker Hughes, a GE company (BHGE), and General Electric Company (GE) jointly announced today the entry into a series of long-term agreements that amend the commercial and technological relationships between the two companies. The agreements focus on: Long-term collaboration on critical rotating equipment, including aero-derivative and […]

Samsung Engineering and the Chicago Bridge & Iron Company (CB&I) – a McDermott International company – recently selected Siemens to provide 19 process reciprocating compressors for ADNOC Refining’s crude flexibility project at Ruwais Refinery-West. Samsung Engineering and CB&I will provide EPC services to increase the refinery’s crude processing flexibility, enabling the site to process up […]

The Zhangbei high-voltage direct current (HVDC) grid in the Beijing-Tianjin-Hebei area of China will enable the integration of remote wind, solar and hydro energy in a transmission ring that ensures optimization of power flow. This unique “HVDC grid” is designed by State Grid Corporation of China (SGCC), one of the world’s leading power utilities. ABB will supply […]

A Tennessee businessman now has until the end of November to finalize a two-year-old purchase agreement for the unfinished Bellefonte nuclear power plant in Alabama. The Tennessee Valley Authority (TVA), which began building the plant in 1974 but ended construction in 1988 amid a downturn in the nuclear power industry, on November 9 said it […]

Pilsen (8th November 2018) – Doosan Škoda Power has secured a contract to supply machinery for the largest waste incineration plant in Turkey and Europe, from the Swiss cleantech company Hitachi Zosen Inova AG. The Istanbul WtE (waste-to-energy) project will help utilize around one million tonnes of waste per annum. The WtE plant will be […]

ABB has signed a contract worth about $20 million with Furnas – Centrais Elétricas S.A. to supply electrical systems that will enable existing alternating current (AC) lines to transmit higher levels of power to the densely populated Southeast of Brazil. The installation is located close to Brasilia, Brazil’s capital. The order was booked in the […]

Xcel Energy said it will buy a natural gas-fired power plant in Minnesota from Southern Power, a subsidiary of Southern Co. The $650 million deal for the Mankato Energy Center puts Xcel in charge of a facility from which it has purchased power since the plant’s first unit came online in 2006. A second unit […]

KATSUURA CITY, JAPAN (November 7, 2018) — GE has been selected by Toyo Engineering Corporation on behalf of the project owner, GK KS Power 1, a special purpose vehicle consortium by GE Energy Financial Service and K-Energy, to provide its 1,500-volt inverters to build the 24-megawatt (MW) solar plant project located in Katsuura City, Chiba […]

PORTLAND, Ore. – NuScale Power is pleased to announce it has signed a memorandum of understanding (MOU) with Ontario Power Generation Inc. (OPG), Ontario’s public electricity generator, who has agreed to support NuScale in its vendor design review (VDR) with the Canadian Nuclear Safety Commission (CNSC), bringing NuScale closer to introducing its ground-breaking small modular […]

As the hubbub of interest and activity surrounds development of small modular reactors (SMRs) hovering between 60 MW and 300 MW, and medium-sized nuclear reactors of under 700 MW, several nuclear technology

Washington state’s latest effort to fight climate change, Initiative 1631 (I-1631), is on the November ballot. With a broad coalition of support from business, environmental, and special interest groups

Ørsted Snaps Up Deepwater Wind in Major U.S. Offshore Wind Deal. Danish offshore wind farm developer Ørsted in October entered into an agreement with U.S.-based D.E. Shaw Group to buy a 100% equity interest

New coal-fired generating plants are not showing up in the U.S. Elderly plants are retiring in large numbers. But other parts of the world continue to develop coal generation. Advances in combustion and

In the wake of the implementation of the 2017 Tax Cuts and Jobs Act (TCJA), many utilities and their holding companies are experiencing increasing pressure on cash flow due to the elimination of bonus

To remain efficient and profitable, utilities must anticipate the ebb and flow of the market. That means companies must gain visibility into the generation and consumption of energy. With network-level

Advanced technology now makes it possible for computers to do many of the monitoring and diagnostic tasks that used to require seasoned experts. Artificial intelligence and machine learning tools are being

Proper valves, pipes, and fittings are important for successful operation of power generation facilities. This equipment includes products with versatile designs to establish effective joining and sealing

Coal-fired power plants can significantly improve wet limestone scrubbing with advanced process control. One optimization system implemented at a Japanese facility utilized enhanced regulatory control

Replacing two 40-year-old feedwater heaters at a plant of Oconee Nuclear Station’s size and age was fated to be a complicated project, but through meticulous modeling and planning, and seamless

China in mid-September increased its renewable portfolio standard (RPS) to 35% of electricity consumption by 2030. The country has already heavily invested in wind and solar, and it anticipates more gains will

A myriad of issues come into play when parties execute power industry mergers and acquisitions. Part 1 of this two-part series examines what dealmakers need to know before making any transactions

A study from a London-based group focused on financial aspects of the energy industry said up to $60 billion of coal-fired power generation assets may be stranded in Southeast Asia in the next 10 years. The study released this week by Carbon Tracker said renewable energy resources and more-stringent environmental policies make investments in new […]

IRVING, Texas and FARNBOROUGH, UK (October 30, 2018) – Fluor Corporation (NYSE: FLR) announced today that it was awarded the engineering, procurement and construction of Valero Energy Corporation’s combined heat and power cogeneration project at its Pembroke Refinery in Wales, UK. Fluor booked the undisclosed contract value in the third quarter of 2018. “We are […]

X-Elio and Sofos Harbert have entered into an agreement to create a Joint Venture for the development of solar energy projects in the US It is expected that the new company will be initially focused on the Southeastern market of the United States The new group has confirmed its intention to expand to other markets […]