Business

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 […]

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

A sharp surge in new, larger offshore wind installations in Europe throughout 2017 dramatically shows the viability of a technology that has truly come of age. As costs fall and generation capacity increases

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

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 […]