Business

  • Siemens wins major contract for grid connection at Triton Knoll offshore wind farm

    Siemens Energy Management has received an order to design, supply and build the grid connection for the Triton Knoll offshore wind farm by German customer Innogy SE. The wind farm, 32 kilometers (km) off the Lincolnshire coast, will have an installed generation capacity of circa 860 megawatts (MW) after its completion. Triton Knoll will be […]

  • Searching for Relief from the Headaches Facing the Merchant Power Sector

    Unlike their regulated counterparts, merchant power generators have increasingly struggled to compete over the last few years and the outlook for many is that this won’t change any time soon. While regulated power companies often enjoy near monopolies in their respective markets, merchant power companies build out their power generating capacity on a speculative basis […]

  • The Electricity Bill Paradox

    Driven by increased energy efficiency and the relocation of electricity-intensive industries, electricity demand and consumption has steadily declined in many developed markets during the last decade, according to the International Energy Agency (IEA). Yet middle- and working-class households, as well as small businesses, are spending more of their income on electricity than their parents’ generation. […]

  • Plans Move Forward for Privately Funded Storage of Nuclear Waste

    The Trump administration has revived the discussion of using Yucca Mountain in Nevada as a repository for the nation’s nuclear waste. Nevada officials remain opposed to the idea of putting spent nuclear fuel in long-term storage at a site about 100 miles from Las Vegas. But while a bill to resurrect Yucca Mountain as a […]

  • How Power Companies Can Influence Customer Behavior [PODCAST]

    It is safe to say that all electricity customers want reliable and resilient power service. One way that some end-users are ensuring they get it is by investing in distributed energy resources and building microgrids. But rather than simply using these systems as emergency backups, more and more owners are finding ways to capture economic […]

  • Japan Program for Reuse of Nuclear MOX Fuel in Doubt

     The Japanese government has pushed for the reuse of mixed-oxide (MOX) fuel in the country’s nuclear reactors, but utilities that finance the reprocessing have not funded those operations since fiscal year 2016, according to financial reports released by the power companies on September 2. Japan’s KYODO News reported that sources said 10 utilities, including Tokyo […]

  • Conti Solar Selected to Construct 35-MW Solar Energy Portfolio for Southern Sky Renewable Energy in Rhode Island

    EDISON, N.J. (Sept. 4, 2018) — Conti Solar, a national solar engineering, procurement and construction (EPC), O&M and energy storage company, announced today that it was selected to provide full turnkey EPC services for Southern Sky Renewable Energy’s 35 MW solar project portfolio. Headquartered in Warwick, Rhode Island, Southern Sky is the region’s leading renewable […]

  • Valmet to supply a district heat network optimization solution to Jyväskylä Energy in Finland

    Valmet has signed an automation agreement with Jyväskylä Energy Group in Finland for the delivery of its district heat network optimization solution. The delivery will cover the entire district heating network of the company’s both CHP production plants, Keljonlahti and Rauhalahti. The scope of the delivery scope also includes a Valmet DNA Information Management system […]

  • GEA supplies two plants for waste heat utilisation to India and Italy

    Düsseldorf, September 3, 2018 – GEA supplies Saint-Gobain with two Waste Heat Recovery Systems (WHRS) each for the utilisation of waste heat from the float glass production lines in Pisa, Italy and Sriperumbudur, India. Commissioning is planned for the first half of 2019. GEA technology makes it possible to generate electricity and compressed air from […]

  • GE and Construtora Quebec Partner to Build Power Plant in Brazil

    GUANAMBI, BAHIA STATE, Brazil (Sept. 3, 2018) – GE Power (NYSE: GE) was chosen by EPC Construtora Quebec, a Brazilian engineering company, to provide its 4.4-megawatt (MW) and 2.2-MW LV5 1,500-volt inverters and skids for the 14-MW Verde Vale III project in Guanambi, Brazil. This project is owned by Vientos Solutions, an owner and operator […]

  • THE BIG PICTURE: Trump’s Regulatory Targets

    President Trump campaigned on a promise to reduce regulation and control regulatory costs. One of his first actions after taking office was to issue an executive order calling for the elimination of two existing regulations for every one new regulation issued. Toward that end, the Trump administration has acted or sought to reverse more than […]

  • Renewed Vision Shines Light on Dormant Nuclear Site

    The framework of a cooling tower. Weathered concrete walls, with empty holes as windows. The remains of what might have been provide the backdrop for what is—a solar farm that’s boosting economic

  • Hydro Project Overcomes Physical, Social Obstacles

    Hydropower is Brazil’s major source of electricity. The country is moving toward more generation from solar and wind, and away from so-called “mega dams,” but what could be a final mammoth hydro project

  • POWER Digest [September 2018]

    Israel Embarks on a Major Electricity Reform. Under a law passed on July 19, Israel will break up a monopoly held by state-owned Israel Electric Corp. (IEC) and open the country’s electricity sector to new

  • China Puts Online Pioneering Large-Scale CSP Project

    China completed its first large commercial-scale parabolic-trough concentrated solar power (CSP) plant at the end of June. The 50-MW Delingha project built by CGN New Energy, a subsidiary of China General

  • A Wind Experiment: The Hornsdale Wind Farm

    Along with producing power from 99 turbines, the 309-MW Hornsdale Wind Farm in South Australia has helped trial new technologies that could ramp up power system security and reliability. At first glance, the

  • Tesla Virtual Power Plant Takes Shape in Australia

    Tesla in July released more details of its virtual power plant (VPP) project in South Australia (SA), outlining the initiative as well as its resources and the benefits it will bring to the region. The company

  • Cerro Pabellón: Taking Geothermal Power to New Heights

    South America’s first and only geothermal power plant, the 48-MW Cerro Pabellón project, sits at an elevation of 4,500 meters above sea level in Chile’s harsh and remote Atacama Desert. Building and

  • Let the Sun Shine In: Where Is Solar Power Headed?

    The Solar Energy Industries Association, the national trade association for the U.S. solar industry, reports that solar power has grown in the U.S. at a compounded annual rate of 59% since the solar investment

  • Australia Braces for Power System Transformation, Disruptions

    The inaugural integrated system plan (ISP) released by Australia’s Energy Market Operator (AEMO) in mid-July warns that the country is in the midst of a “transformative and unprecedented” rate of change

  • Egypt Brings New Natural Gas and Wind Power Plants Online

    New natural gas-fired power plants and wind farms are part of Egypt’s strategy to increase the country’s power generation by at least 50%. It began delivering on that plan in July as it brought three

  • A Reimagined Power Future Enabled by Digital Technologies

    The power industry is changing and leading companies are turning to digital technologies to revolutionize their operations. Monitoring and diagnostics centers are leveraging vast amounts of data from around

  • Voith received first order for two VECO-Drives from Guangzhou China Resources Thermal Power Co., Ltd. in China

    Two VECO-Drives will replace the existing boiler water feed pumps speed control in the NanSha thermal power plant Significant improvement of overall efficiency and reduction of energy consumption as well as greenhouse gas emissions Guangzhou, China. On August 27, 2018, Voith and Guangzhou China Resources Thermal Power Co., Ltd. signed an order for two VECO-Drive […]

  • Clarke Energy to Supply GE’s Jenbacher Gas Engines to Power New Algerian ‘Mega Mosque’

    Clarke Energy to Deliver Four of GE’s Jenbacher J320 Gas Engines to Power Trigeneration Plant at Djamaâ el Djazaïr Mosque being Built in Mohammadia, Near Algiers Jenbacher Trigeneration Units to Supply Reliable, Lower-Emission Power, Heating and Cooling Project Highlights Growing Industrial Demand for Advanced Trigeneration Technologies ALGIERS, ALGERIA—August 30, 2018—GE’s Distributed Power business (NYSE: GE) […]

  • FirstEnergy Throws in the Towel on Coal Plants

    FirstEnergy Solutions Corp. (FES) notified PJM Interconnection, the regional transmission organization (RTO), of its plans to deactivate four fossil-fuel generating plants in 2021 and 2022. In a press release issued on August 29, the company said it “is closing the plants due to a market environment that fails to adequately compensate generators for the resiliency […]

  • As More Power Companies Announce Decarbonization Initiatives, EEI Makes Sustainability Reporting Easier

    A spate of major power companies—including American Electric Power (AEP) and Southern Co.—have acquiesced to investor pressure and announced drastic cuts to their generating fleet carbon emissions over the long term. Industry group Edison Electric Institute (EEI) this week launched an official industry-designed template to help its member utilities better inform investors about their environmental, […]

  • Oklahoma Coal Plant Sets Closing Date After Losing PPA

    An executive with the AES Shady Point coal-fired power plant in Oklahoma said the facility could close as soon as January after being notified its power purchase agreement (PPA) will not be extended. Oklahoma Gas & Electric Co. (OG&E) this month said it will not execute another five-year extension of a PPA between the two […]

  • Why Open Source Works for the Renewable Energy Sector

    According to the Center for Climate and Energy Solutions, renewable energy is the fastest-growing energy source globally where 24% of the energy generated in 2015 came from renewable sources such as biomass, geothermal, solar, hydro, wind, and biofuels. This is expected to increase to 31% by 2040 and will heavily depend on a number of […]

  • MHPS, NTE Energy Open Second Clean Power Plant In Three Months

    Lake Mary, Florida (August 28, 2018) — Officials from Mitsubishi Hitachi Power Systems Americas joined with NTE Energy executives today to mark the formal start of operations at a new North Carolina clean power plant featuring MHPS technology. MHPS executives helped cut the ribbon on NTE Energy’s $500 million Kings Mountain Energy Center (KMEC); located […]

  • Coal’s ACE in the Hole? New Rule Still Faces Headwinds

    The Trump administration has extended a potential lifeline to coal-fired power plants with its Affordable Clean Energy (ACE) rule. Now the debate is about how much the plan will actually help coal generation. Energy analysts and other industry experts who spoke with POWER on August 28 say the new rule, which would give individual states the […]