Business

RENO, Nev. (May 22, 2018) — Ormat Technologies Inc. announced that one of its wholly-owned subsidiaries that indirectly owns the 26-MW Tungsten Mountain Geothermal power plant entered into a partnership agreement with a private investor. Under the transaction documents, the private investor acquired membership interests in the project for an initial purchase price of approximately […]

SHEFFIELD, UK, 21 MAY 2018 – AMETEK Land*, a major innovator in non-contact temperature measurement, and combustion and environmental monitoring equipment, has standardised all its Certificates of Conformity for its fixed thermal imagers and line scanners.  This includes the ARC, NIR, NIR-B Borescope, LSP-HD Line Scanner, FTI-Eb Borescope and FTI-E instruments. This means customers now […]

Numerous guests celebrate anniversary of Voith subsidiary at Kössler headquarters in St. Georgen, Austria Focus of celebration on innovative solutions for small hydro All key areas of expertise from development to services from a single source St. Georgen. Since its establishment in 1928, Kössler has evolved into one of the world’s leading manufacturers for small […]

WILMINGTON, North Carolina (May 22, 2018) — Global Nuclear Fuel (GNF) today announced that it has been awarded a long-term contract by Entergy Nuclear to continue to fuel its boiling water reactors. The new fuel supply contract, valued at more than $250 million, runs from 2019 through 2031 and includes 10 reloads of GNF3. Entergy […]

NTE Energy on May 21 inaugurated the new Middletown Energy Center in Middletown, Ohio, the latest in a series of natural gas-fired power plants the Florida-based company is developing in Ohio, Texas, and North and South Carolina. NTE touts the 525-MW Middletown combined cycle facility as among the most efficient gas-fired power plants in the […]

Dominion Energy will provide seed money to further work of GE Hitachi Nuclear Energy’s (GEH’s) BWRX-300, a 300-MWe small modular reactor design (SMR). Dominion has “no plan at this time to build one at any of its commercial nuclear stations,” but the funding could help bring the SMR design closer to commercialization, GEH said in […]

NextEra Energy on May 21 said it would acquire several assets from Southern Co., including Southern’s ownership interest in two natural gas-fired power plants in Florida, in a deal valued at about $6.5 billion. Southern in a statement Monday said the sale would help the company reduce debt, which has dogged Southern as its subsidiary […]

Wind power capacity in the U.S., whose explosive growth has tripled since 2008—even overtaking hydropower to become the nation’s largest source of renewable electricity—could face a period of stagnation once the production tax credit (PTC) is phased out in 2021. Analysts at WINDPOWER 2018 in Chicago last week called the period between 2021 and 2026 […]

(MAY 17, 2018) —Framatome signed a multimillion-dollar contract with Dominion Energy to provide steam generator services to the company’s entire nuclear reactor fleet. Scheduled to take place during eight outages from 2018 to 2020, the inspection and maintenance work will support the continued generation of low-carbon electricity from the Dominion fleet. At nuclear energy facilities, […]

Cybersecurity threats are outpacing the energy sector’s “best defenses,” and costs of preventing and responding to cyber incidents are straining company efforts to protect critical infrastructure, the Department of Energy (DOE) warned as it released a comprehensive five-year cybersecurity strategy for the industry. The Multiyear Plan for Energy Sector Cybersecurity, dated March 2018 but which […]

Drawing on decades of gas turbine experience, GE’s Power Services business announced on May 16 that it is expanding its cross-fleet service offerings to a broader portion of the F-class market, including Siemens’ SGT6-5000F and SGT-800 models, and Mitsubishi Hitachi Power Systems’ (MHPS’s) 501F technology. “GE is proven as one of the technology leaders and […]

GE will buy Alstom’s stakes in three energy joint ventures (JVs) the companies formed when GE acquired Alstom’s energy business nearly three years ago. Alstom and GE on May 4 signed an agreement that essentially sets out a plan for Alstom to exercise put options on JVs it formed with GE pertaining to their renewables […]

HOUSTON, May 16, 2018 — American Electric Technologies, Inc., a leading provider of power delivery solutions for the global energy industry, announced today that its M&I Electric business has been awarded a $5M project award for a complete power and control system for a new dredge vessel for a leading US Gulf Coast dredging company. […]

Siemens has received its first order from Panama for six SGT-800 gas turbines. The industrial gas turbines, along with a steam turbine, will provide approximately 440 megawatts of electrical power as part of a flexible combined cycle power plant. This could cover the power demand of approximately 1.9 million residents of Panama. Siemens’ customer is […]

CAYCE, S.C. (May 9, 2018) — South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corp. (NYSE: SCG), announced today that it has completed its purchase of the Columbia Energy Center, a natural-gas-fired power plant in Gaston, S.C. (Calhoun County), from LS Power for approximately $180 million. SCE&G included the purchase of the 540-megawatt combined cycle gas […]

ST. AUGUSTINE, Fla. (May 9, 2018) — NTE Energy (NTE) announced that its next power plant will be the approximately 1,000-MW natural gas-fired Anderson County Energy Center located in Anderson County, South Carolina. This state-of-the-art electric generation facility will represent an investment of more than $1 billion in South Carolina, and will feature some of […]

The U.S. Energy Information Administration’s (EIA’s) latest report on the nation’s power generation inventory expects 32 GW of new capacity will enter commercial service this year, the most in at least at decade. And for the first time in five years, renewable energy sources will not make up the majority of that new generation. Nearly […]

Siemens, one of the world’s largest turbine manufacturers, said it plans to temporarily shut its Power & Gas (PG) division operations worldwide in an effort to cut costs. The Germany-based energy giant in a May 7 news release said, “The shutdowns are part of a comprehensive package of measures, which also includes issues such as […]

A report from Barclays Plc said Mitsubishi Hitachi Power Systems (MHPS) received more than half of all global orders for gas-fueled turbines in the first quarter of 2018, the company’s best-ever performance in a market that has seen traditional gas turbine manufacturers struggle in recent months. The market report from the London, UK-based multinational investment […]

St. Louis, Missouri, May 2, 2018 – Carboline has broken ground on a state-of-the-art full-scale passive fire protection testing facility at its Research, Development, & Innovation (RD&I) Center. This $4 million investment is scheduled to be complete by the end of the 2018 calendar year. The new space will be the first manufacturer owned UL-approved […]

WASHINGTON (May 3, 2018) — A new report released today by IHS Markit outlines the severe grid resiliency, environmental and financial consequences for customers served by the PJM Interconnection Energy Market (PJM) that will likely result from uneconomic nuclear plant closures. PJM operates the world’s largest competitive wholesale electricity market and coordinates the movement of wholesale electricity […]

An electric cooperative that provides wholesale power and services to customers in 22 counties in western Kentucky has told state regulators it intends to end an operating agreement at a 312-MW coal-fired plant in Henderson, which could lead to the plant’s retirement. Big Rivers Electric on May 1 told the state Public Service Commission (PSC) […]

Dominion Energy plans to build eight new natural gas-fired power plants and speed the pace of its renewable energy efforts, according to the utility’s integrated resource plan (IRP) filed with Virginia regulators on May 1. The company also said its future plans focus on regulations on carbon emissions in part because Virginia is considering joining the […]

A three-year-long initiative spearheaded by the Federal Aviation Administration (FAA) in collaboration with industry has yielded a blueprint that establishes best operational and safety practices and recommended technologies for flying commercial drones beyond the visual line of sight (BVLOS). As part of the FAA’s 2015-chartered Pathfinder Initiative, the agency partnered with three private companies to […]

Just weeks after the 12th International Renewable Energy Storage Conference (IRES2018) concluded in Düsseldorf, Germany, newly announced figures from Bloomberg New Energy Finance (BNEF) confirmed that battery storage technologies coupled with rapidly expanding renewables are blunting new fossil fuel investments. BNEF’s 2017 figures show that over $330 billion was invested in renewables with comparative costs […]

Germany’s electricity sector faced a renewed, violent shakeup in March as two of its biggest utilities, E.ON and RWE, announced a complex asset exchange that experts said points to the death of the

Mitsubishi Hitachi Power Systems (MHPS) in March said it would work with the Netherlands Carbon-Free Gas Power project to support the conversion of the country’s 1.32-GW Magnum gas-fired power plant to run

NTPC Commissions First Unit of Lara Project. The first unit of the 4,000-MW super thermal power project in Chhattisgarh in India was commissioned in late March by NTPC. The coal-fired plant, a $4.62

After the meltdowns at Japan’s Fukushima Daiichi nuclear plant in March 2011, Congress directed the Department of Energy (DOE) to support development of new fuel designs that could tolerate loss-of-cooling

Regulatory uncertainty, changing resources, and an industrywide drive to cut costs and boost flexibility and efficiency are among a growing list of challenges that are prompting new approaches to treat power