Business

  • PJM: More Than 3,600 MW Will Retire in 2018

    Data from regional transmission organization (RTO) PJM Interconnection shows about 630 MW of power generation will be taken offline in the grid operator’s territory in April, with more than 3,600 MW scheduled to be retired this year, according to the organization’s website. This month’s deactivations are scheduled to begin April 16. Last week, Ohio power […]

  • DNV GL-led Consortium Finds Viable Business Case for Community Energy Storage

    ARNHEM, Netherlands (April 4, 2018) — Small-scale, grid-connected energy storage solutions – or “community batteries” – can have a viable business case, supporting the ongoing growth of decentralized energy generation resources. This is one of the key findings of a feasibility study published today by DNV GL, based on work by an industry-wide consortium that includes […]

  • Offshore Wind Surge Threatens Merchant Generator Profits

    Two recent project announcements indicate that the U.S. offshore wind sector is burgeoning, bolstered by falling prices and ramped-up political support. A credit ratings agency warns, however, that the sector’s growth could increasingly pressure profit margins of merchant generators in New England, New York, and New Jersey. On March 14, Danish offshore giant Ørsted and […]

  • EPRI: Electrification to Reshape Power Landscape

    Even in the absence of climate policy, customer adoption of electric end-use technologies over the next 30 years is expected to spur steady growth in energy consumption, a new report assessing U.S. electrification from the Electric Power Research Institute (EPRI) suggests. The April 3–released report, “U.S. National Electrification Assessment,” is based on findings by EPRI’s […]

  • MHPS, PWPS Join to Form Turbomachinery Powerhouse

    LAKE MARY, Florida (April 2, 2018) — Mitsubishi Hitachi Power Systems (MHPS) today announced the integration of PW Power Systems (PWPS) within Mitsubishi Power Systems Americas (MHPS Americas). MHPS Americas CEO Paul Browning said, “Integrating PWPS into MHPS Americas broadens our product portfolio and allows us to realize synergies between our various manufacturing and service […]

  • [Updated] Troubled FirstEnergy Companies Seek Bankruptcy Protection

    FirstEnergy Corp.’s competitive arm FirstEnergy Solutions (FES) and several key subsidiaries, including FirstEnergy Nuclear Operating Co. (FENOC), on March 31 sought Chapter 11 bankruptcy protection. FirstEnergy said the move would facilitate an “orderly financial restructuring” and accelerate its strategy to become a fully regulated utility. FES—the parent company of FE Aircraft Leasing Corp., FirstEnergy Generation, […]

  • THE BIG PICTURE [INFOGRAPHIC]: Changing Fleets

    The generating fleets owned by some of the largest companies in the U.S. (ranked here by capacity in 2017) have transformed over the past four years, in some cases dramatically, as total revenues fluctuated. Sources: Fidelity Investments (revenue data standardized by S&P Capital IQ); EIA-860 detailed data; SEC 10-K filings, and company websites. —Copy and artwork by Sonal Patel, a […]

  • The 4M Approach to a Connected Plant

    Technology is being incorporated into operations and maintenance schemes at an ever-increasing pace. New digital tools are helping optimize assets, improve performance, and reduce overall costs. Big Data Best

  • Quick Starts, High Efficiency, Grid Balance — Engines on an Up Cycle

    The growth of renewable energy, and with it the need for reliable backup generation, along with the increase in combined heat and power applications, is contributing to a rise in the use of reciprocating

  • Equipment Showcase: Diesel and Gas Generators

    Diesel-powered or gas-powered engines are the popular options for those wanting a generator as a prime power or standby, backup power source. A recent report from ResearchAndMarkets.com says the generator

  • FirstEnergy Entreats DOE to Save Coal and Nuclear Plants

    A day after FirstEnergy Corp.’s competitive arm notified PJM Interconnection it would close four uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, it urged Energy Secretary Rick Perry to issue an emergency order directing the regional transmission organization (RTO) to secure nuclear and coal capacity for long-term reliability. FirstEnergy […]

  • MHPS AMERICAS LAUNCHES NEW POWER & ENERGY SOLUTIONS BUSINESS

    Industry Leader Tom Cornell Promoted to Lead the New Power & Energy Solutions Business LAKE MARY, FLORIDA – (March 29, 2018) Mitsubishi Hitachi Power Systems Americas (MHPS) today announced the creation of a Power & Energy Solutions business focused on delivering customer solutions in the areas of digital power, energy storage, and low carbon power […]

  • Minnesota May Be Next to Support Nuclear Plants

    Following the lead of Illinois and New York, which have enacted policies supporting nuclear power plants, the Minnesota Legislature is weighing a bill that could help the owner of two nuclear facilities within its borders. Minnesota is home to the single-unit 671-MW Monticello nuclear plant and the dual-unit 1,100-MW Prairie Island plant (Figure 1). Xcel […]

  • FirstEnergy to Shutter Four Uneconomic Nuclear Units by 2021

    FirstEnergy Corp. will close four uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, the company’s competitive arm notified PJM Interconnection on March 28. FirstEnergy Solutions (FES) told the regional transmission organization that it will close the 908-MW Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, by 2020; the twin-unit […]

  • Westinghouse Reorganization Approved by Bankruptcy Court

    On March 27, the U.S. Bankruptcy Court for the Southern District of New York approved Westinghouse Electric Co.’s plan of reorganization. Westinghouse said the approval is “a significant milestone in the company’s strategic restructuring,” which involves its sale to Brookfield Business Partners L.P. Brookfield announced on January 4, 2018, that it had entered into an […]

  • NEW E9000 Portable Emissions Analyzer With Heated Sample Line

    The NEW E9000 emissions analyzer with Heated Sample Line is a complete portable system for EPA compliance level emissions monitoring and testing. The E9000 is ideal for regulatory & maintenance use in boiler, burner, engine, turbine, furnace, and other combustion applications. Features: Up to (9) Total Gas Sensors Electrochemical Sensors – O2, CO, NO, NO2, […]

  • NRG Sheds Generation Emphasis, Puts More Focus on Retail

    To remain competitive in power markets increasingly characterized by disruptions, NRG Energy plans to accelerate its transition from a pure independent power producer (IPP) model to a more simplified customer-driven integrated power model that favors its retail businesses. In a number of presentations showcased on March 27 as part of NRG’s 2018 Analyst Day, company […]

  • Gemma Power Systems finalizes EPC Contract for a 475 MW Power Project in North Carolina

    Third Project Constructed for NTE Energy GLASTONBURY, Conn.–(BUSINESS WIRE)–Gemma Power Systems, LLC (GPS) has entered into an Engineering, Procurement and Construction (EPC) services contract with NTE Carolinas II, LLC, an affiliate of NTE Energy, to construct a 475 MW state-of-the-art natural gas-fired power plant in Rockingham County, North Carolina. The NTE Reidsville Energy Center is […]

  • CAISO Backs PG&E Clean Energy Plan for Oakland

    The California Independent System Operator (CAISO) has approved a request from Pacific Gas and Electric Company (PG&E) to provide a mixture of energy storage, energy efficiency, and system-wide upgrades to ensure reliable electricity in the Oakland, California, area, after the retirement of an aging Dynegy jet fuel-powered plant. PG&E received CAISO approval for its Oakland […]

  • GenOn Selling More Assets in Restructuring

    GenOn Energy, a unit of NRG Energy that filed for bankruptcy in June 2017, said it has agreed to sell two units of the Canal Generating Plant to Stonepeak Kestrel, a subsidiary of Stonepeak Infrastructure Partners, a private equity firm with offices in New York City and Houston, Texas. The Canal plant in Sandwich, Massachusetts, […]

  • Resource Diversification a Key for TVA [PODCAST]

    Joe Grimes, executive vice president of generation with the Tennessee Valley Authority (TVA), gave the keynote presentation during the ELECTRIC POWER Conference and Exhibition, which was held March 19–22 in Nashville, Tennessee. His presentation focused on steps TVA is taking to diversify its generation portfolio in order to reduce risks and keep costs as low […]

  • Watts Bar 2: The Long and Winding Road to Completion [PODCAST]

    The Watts Bar 2 nuclear unit has a lengthy and well-chronicled history. Construction began on the unit in 1973. It was suspended in 1985 due to slower electricity demand growth, rising construction costs due to inflation and new regulatory requirements stemming from the accident at Three Mile Island in 1979, and regulatory concerns throughout the […]

  • Novel Technology Featured at ELECTRIC POWER Event

    The 20th annual ELECTRIC POWER Conference and Exhibition wrapped up on March 22. The event included nearly 200 exhibitors, with many offering interesting demonstrations of innovative new products. A sampling of some are presented below. Deep Trekker Inc. supplies high-quality, commercial-grade, remotely operated vehicles—underwater drones—specifically designed and developed to make underwater observation easy and affordable. […]

  • MTU Power: New brand for gas turbine business

    Munich, 19 March, 2018 – MTU Aero Engines AG launches a new brand to improve transparency in services for gas turbine customers. The new brand is called MTU Power and consolidates the existing gas turbine engineering, manufacturing and aftermarket expertise and services from the business units Aero Solutions, Brush Seals and MTU Maintenance at MTU. […]

  • U.S. Solar Installations Dip Amid Uncertainty

    Burdened by a trade case, unpredictable policy-making, interconnection delays, and other market factors, the U.S. installed 30% less solar photovoltaic (PV) capacity in 2017 compared to a record-breaking 2016. However, the 10.6 GW of new PV capacity added last year represents 30% of all new generating capacity added to the U.S. grid, more than any […]

  • Indonesia’s PT PLN Cancels 22 GW of Planned Capacity, Citing Lax Demand

    Slack power demand in 2017 has prompted Indonesia’s state-owned utility PT PLN to cancel 22 GW it planned to procure from independent power producers (IPPs) through 2026, the bulk of which are combined cycle gas turbine and renewable projects. Energy and Mineral Resources Minister Ignasius Jonan on March 13 told reporters he endorsed changes to […]

  • GenOn Energy to Retire Three California Gas Plants

    In a move that demonstrates how difficult current market conditions are, even for some natural gas-fired facilities, GenOn Energy—a subsidiary of NRG Energy—said it will shutter three California gas-fired power plants for economic reasons. The company notified the California Public Utilities Commission and California Independent System Operator (CAISO) in letters dated February 28 that it […]

  • Ansaldo Energia Awarded Contracts for Turbines, Generators for Serbia Plant

    Ansaldo Energia has been awarded a contract by Shanghai Electric Group, worth approximately €40 million, to supply Gas Turbines and Generators for Pancevo Combined Cycle Power Plant in Serbia.  The 200 MW Pancevo combined cycle power plant is owned by TE-TO Pancevo, and Shanghai Electric Group will be responsible for Engineering, Procurement and Construction (EPC) […]

  • Wärtsilä Signs Contract for 105-MW Power Plant in Bangladesh

    March 15, 2018 — The technology group Wärtsilä this week is celebrating 20 years of supporting the development of Bangladesh by providing important added capacity to the country’s electricity grid. The latest contract signed this week is an equipment delivery for a 105-MW power plant being built by Baraka Shikalbaha Power Ltd, a private sector […]

  • NRC Schedules Review of New Mexico Interim Nuclear Waste Facility

    Marking a fresh development for the nation’s futile efforts to resolve a long-standing impasse on nuclear waste, the Nuclear Regulatory Commission (NRC) said it could issue a license for Holtec International’s proposed consolidated interim storage (CIS) facility for used nuclear fuel in New Mexico by July 2020 or earlier. Holtec, a Camden, New Jersey–based supplier […]