Business

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

It’s not a secret that the North American power mix is changing. Renewable energy and natural gas are picking up market share while coal-fired generation shrinks and nuclear power remains stagnant at best

The traditional electricity grid is being transformed, as more businesses look to control their costs by producing their own power. A need for reliable backup power, the push for more resiliency in generation

New low prices for offshore wind energy projects in Europe have excited policymakers up and down the East Coast about prospects in the U.S. and emboldened some to finally pull the trigger on long-mooted plans

The Electric Reliability Council of Texas (ERCOT) on April 30 updated its summer 2018 planning reserve margin to 11% based on resource updates, but it warned that the regional grid serving most of Texas could still suffer rotating outages under extreme conditions. In its final Seasonal Assessment of Resource Adequacy (SARA) report for the upcoming […]

(April 27, 2018) — Kansai Electric Power and OSIsoft LLC unveiled a venture to help power producers improve the efficiency and operation of their thermal power plants with data. Kansai Electric Power will collaborate with its customers at every stage, from planning a new thermal plant to running a facility. The Kansai-Value Creation Service, or […]

It is also the company’s first order for the SG 2.1-122 turbine Siemens Gamesa will install 143 turbines and maintain the complex for 10 years Siemens Gamesa Renewable Energy’s positioning in India has received an important boost with this order, its largest ever in this market. Under the terms of the EPC contract entered into […]

ORLANDO, Florida (April 26, 2018) — Siemens has received an order from Inter Pipeline Ltd (“Inter Pipeline”) to provide long-term service for two SGT-800 gas turbine generator sets in Canada. The units are scheduled for operation at the Central Utilities Block (CUB), part of the company’s Heartland Petrochemical Complex currently under construction in Alberta’s Industrial […]

A joint venture of two Japanese energy companies reportedly plans to invest $935 million on U.S. power generation projects. Tokyo Electric Power Co. (TEPCO) and Chubu Electric Power, through their JERA joint venture, would make the investment by 2030, according to Asian news reports. AsiaElec reported that JERA currently has about 3,000 MW of generation in […]

Waypoint Leasing, a global firm that claims to be the world’s largest independent helicopter leasing company, has identified offshore wind farms as a growth opportunity for the helicopter market. Although still a small market, offshore wind power is expected to grow in coming years. According to WindEurope, a Brussels, Belgium-based wind industry advocacy group, a […]

The growth in power generation from renewable energy sources, along with the continued shift from coal-fired generation to natural gas, is expected to drive the global market for turbines over the next several years, according to a report released by international business analysts Research and Markets. The Dublin, Ireland-based company in an April 25 news […]

The technology group Wärtsilä continues its strong presence in Senegal with the signing of a contract to engineer, manufacture and deliver a 130-MW Flexicycle plant to be an integral part of Senegal’s energy future. The Malicounda power project in Mbour is located 85 km from the country’s capital Dakar. The order, booked in March, was […]

CenterPoint Energy, a Houston, Texas-based natural gas and electric utility company with sales and services operations in more than 30 states, on April 23 said it would buy Evansville, Indiana-based Vectren in a deal valued at more than $8 billion, including the assumption of more than $2 billion in Vectren debt. Both companies in statements […]

A report released this week by The Brattle Group says that if four nuclear power plants in Ohio and Pennsylvania are allowed to retire early it will cause “substantially higher emissions of CO2 and other pollutants” and that there will be “a significant increase in electricity prices” not only in the two states, but also […]

Siemens Gamesa Renewable Energy has won multiple wind power orders for a total of 140 MW from several industrial customers and a leading independent power producer (IPP) in India. Specifically, the company will handle the entire infrastructure needed to operate these projects (with installed capacity ranging between 2 MW and 58 MW), together with the […]

Siemens secured its first H-class gas turbine order in Mainland China. The company will supply two H-class gas turbines, two steam turbines and four generators for a power plant project in Guangdong Province. The customer is Huadian Fuxin Energy Corporation Limited (Huadian Fuxin), a subsidiary of China Huadian Corporation Ltd (CHD), one of the five […]

More and more people are finding distributed energy solutions are the answer for their power resource challenges. Distributed energy comes in many forms. Renewables such as solar and wind are top-of-mind when most people think of distributed resources, but natural gas-fired generation is often a good fit too, because it adds reliability to the system […]

A study from an economic, financial, and strategy consulting group says the Regional Greenhouse Gas Initiative (RGGI), a multi-state program designed to cap emissions from power plants in the northeastern U.S., has generated $4 billion in net economic activity even as it has increased electricity prices in the region. The report from the Analysis Group, […]

Doosan Lentjes is to provide its flue gas desulphurisation (FGD) technology for a 2 x 160MWe local lignite-fired power plant located in Canakkale/Can, Turkey, in cooperation with main contractor EKON Industry, Construction and Trade Co. The final client is Turkey’s largest electric power entity, the Electricity Generation Company, EÜAS. To help EÜAS reduce the negative […]

Siemens Gamesa Renewable Energy (SGRE) has entered into new agreements with Gas Natural Fenosa Renovables for the supply of 166 MW at four wind farm developments in Spain. These projects fall under the scope of the renewable capacity allocated to the Spanish utility as part of the auction held last May. Specifically, Siemens Gamesa will […]

New Jersey’s Assembly and Senate in separate actions on April 12 passed bills to ensure continued operation of PSEG’s Salem and Hope Creek nuclear power plants. Lawmakers also passed bills to modify the state’s renewable portfolio standards and for support of a pilot offshore wind farm. Legislation (S-2313/A-3724) directing the Board of Public Utilities (BPU) […]

The nation’s paramount nuclear power trade group has launched a wide-ranging strategy to help generators stay profitable in tight markets, the head of the Nuclear Energy Institute (NEI) told Wall Street analysts on April 12. In an address broadcast on Facebook, Maria Korsnick, NEI president and CEO, said that nuclear plants that operate in competitive […]

Santee Cooper executives doubted SCANA Corp.’s ability to properly manage the V.C. Summer nuclear expansion project for years before the project was ultimately abandoned in July 2017, according to an article published by The Post and Courier, a Charleston, S.C., newspaper. Santee Cooper—a state-run utility—partnered with SCANA as owners of the project; SCANA holds a […]

Project includes six SGT-A35 aeroderivative offshore gas turbine packages Contract includes a long-term service agreement Siemens Power and Gas, including its Dresser-Rand business, received an order for four SGT-A35 gas turbine power generation packages and two SGT-A35-driven DATUM CO2 compressor packages for MODEC’s Sépia floating production, storage, and offloading (FPSO) vessel. The vessel, which is […]

SAN FRANCISCO, California (April 11, 2018) – Pattern Energy Group LP (Pattern Development) today announced the completion of its 147-MW Mont Sainte-Marguerite Wind power facility. Mont Sainte-Marguerite Wind is located approximately 50 kilometers south of Québec City, in the Chaudière-Appalaches region. As announced in June 2017, the facility will be acquired by Pattern Energy Group […]

MIYAGI, Japan (April 11, 2018) —GE Power recently successfully delivered and commissioned its Brilliance Solar Inverters to Pacifico Energy Osaki GK for the 40.32-megawatt alternating current (AC) mega-solar project in Furukawa, Japan. GE’s Brilliance Solar Inverters meet the customer’s requirements both for reliability and cost competitiveness. Along with the inverters, GE also supplied ring main units […]

The company has been awarded an EPC contract for the entire project, which will encompass a wind farm with 56 turbines and a 20 MW / 34 MWh lithium-ion (Li-ion) battery. Siemens Gamesa Renewable Energy (SGRE) has been commissioned to build a pioneering wind complex in Australia, which will combine the installation of a wind […]

A report from groups including the United Nations environmental arm and Bloomberg New Energy Finance (BNEF) shows renewable energy installations were responsible for 61% of the world’s net power capacity additions in 2017, more than double the new-builds from fossil fuel-powered generation. The Global Trends in Renewable Energy Investment 2018 report, compiled by BNEF, the […]

Tennessee Valley Authority (TVA) CEO Bill Johnson in an exclusive interview with POWER suggested that the power industry continues to face an uncertain future.  Johnson said that during his 40-year career, he has seen more change in the last five years than in the previous 35 combined. Several indicators imply that will continue going forward. […]

MINNEAPOLIS (April 5, 2018) – Xcel Energy is continuing to transition its fleet to carbon-free energy in the Upper Midwest  with the addition of the Foxtail Wind Energy Center located in Dickey County in south-central North Dakota. The 150-megawatt wind farm is part of the company’s vision to achieve 85 percent clean energy by 2030 by […]