Business

Though some countries, including the U.S., have moved to support coal-fired power generation over the past year, investments in renewable energy continued to rise, according to a new report from Bloomberg New Energy Finance (BNEF). The research group on January 16 said global investment in clean energy such as wind and solar reached about $333.5 […]

An executive with the parent company of Tampa Electric said the utility plans to seek regulatory approval to convert its Big Bend Power Station in Florida, the oldest and last major coal-fired facility in its fleet, to natural gas. Rob Bennett, speaking at a breakfast gathering in Tampa on January 12, said an engineering analysis […]

California regulators have approved Pacific Gas & Electric’s (PG&E’s) application to retire the Diablo Canyon nuclear plant by year-end 2025, ending a protracted battle over the generating station that pitted local economic interests against environmentalists and other opponents of nuclear power. The state Public Utilities Commission (CPUC) on January 11 voted unanimously to accept PG&E’s […]

Underscoring energy storage’s new vital role in power company operations, Siemens and AES Corp. have launched a joint company, Fluence Energy, that provides technology solutions paired with engineering and services capabilities. AES and Siemens on January 11 announced that Fluence, which merges AES Energy Storage and Siemens’ energy storage team, received all government approvals for the […]

The U.S. Energy Information Administration (EIA) released its first look at expected power generation in 2019, and its conclusions are much the same as those it expects in 2018—the use of natural gas to produce electricity will continue to rise, and the use of coal will continue to decline. EIA’s Short-Term Energy Outlook, released January […]

Westinghouse Electric Co., a company that is emerging from a bankruptcy stemming from the half-built AP1000 reactor projects in Georgia and South Carolina, is to be acquired from Toshiba Corp. by business services and industrials company Brookfield Business Partners. Brookfield, a company of Toronto-headquartered Brookfield Asset Management, announced on January 4 that it entered into […]

SCANA Corp., a company reeling from a decision to abandon two half-built nuclear reactors at the V.C. Summer project in South Carolina, is getting a lifeline from Dominion Energy, one of the nation’s largest utilities. The two companies on January 3 announced an agreement to combine in a stock-for-stock merger. The proposed deal is valued […]

Merchant markets for independent power producers in the U.S. are unfavorable, and many companies in the sector have slumping profits—even big losses—as they ponder where to go in the months and years

It is estimated that nearly 240 million Indians currently do not have access to electricity. In many cases that also means a lack of access to adequate health care or educational opportunities. It is no

Engineers from several companies have worked on upgrades to the technology, including designs that emphasize faster starts, quicker ramp-ups, increased efficiency, and better performance in a tight global

There are challenges facing the power industry in 2018, but there are also a lot of exciting opportunities. Renewable energy and gas-fired generation are expected to continue growing, but changes in federal

Utilities across the U.S. are aware of beneficial electrification (BE) programs, but wide adoption has been held up by uncertainty about their potential and broader role in the evolving regulated utility

As power plants and substations become more connected, the need for rugged networking equipment built to withstand tough conditions is amplified. The military has already gone through the growing pains, so

The James M. Barry Electric Generating Plant, both a coal-fired and natural gas-fired facility in Bucks, Alabama, sits on the west bank of the Mobile River. The facility’s coal is delivered via the river

The amount of electricity produced by gas-fired power generation has been increasing steadily in the U.S. for more than 25 years. The Energy Information Administration (EIA) reports that in 1990 about 372.8

The European Union (EU) is unequivocally continuing down a path of global climate and energy leadership while bringing online more carbon-neutral fuel systems throughout its 28 member states, closing in on the 2020 goal of a 20% reduction in greenhouse gas emissions (GHG) from 1990 levels. Indeed, the newly released European Environment 
Agency’s (EEA’s) Trends […]

Owners and contractors can run into contractual disputes during combined cycle construction projects. Often, the disagreements snowball into lawsuits, which create a lot of activity in attorney offices, but can actually stop activity at the construction site. Engineers and laborers frequently end up taking off their hard hats and setting down their welding torches to […]

An energy transition is underway across the world. Market upheaval, defining events, and recent policy changes have accelerated a shift away from coal toward renewables. Here is how this transformation played out for some of the world’s major economies over the past decade. Graphs show percent of each fuel source of total generation for that […]

Construction Underway on New Unit at Serbian Coal Plant. It has been almost 30 years since any new power generation capacity was built in Serbia, but that stretch is coming to an end as China Machinery and

Iberdrola’s global strategy to close its remaining coal-fired power plants has met with government opposition in its home country of Spain. Days after Iberdrola, the country’s largest utility, said it

Unmanned aerial systems—drones—have quickly found their place in the power sector. But as the industry moves out of test cases and experiments, and into full implementation of drones, it is facing a whole

In the next 25 years, the world will turn increasingly to renewables and natural gas to meet energy demand, turning away from coal, according to the International Energy Agency’s (IEA’s) World Energy

From deregulation and restructuring to new technology and globalization, the power industry has undergone dramatic changes over the past few decades. Falling barriers to entry have led to the rise of small and independent power producers, and empowered consumers with choices when it comes to where to purchase their energy. These changes have transformed a […]

Siemens claims to be paving the way for the next level of efficiency with the development of its HL-class gas turbine. In June 2017, the company announced it will validate the technology at Duke Energy’s Lincoln County site in North Carolina. Siemens is developing this class in an evolutionary development step derived from its proven […]

Georgia Public Service Commission (PSC) Chairman Stan Wise said his agency was “not going to make a decision to discontinue” construction of two new nuclear reactors at Plant Vogtle, instead putting the decision squarely in the hands of Southern Co. and Georgia Power at the PSC’s December 21 meeting to determine the fate of the […]

State regulators in Georgia have voted not to cancel the troubled nuclear expansion project at the Vogtle Electric Generating Plant near Waynesboro, Georgia, and lead owner Georgia Power has agreed to a set of conditions that the utility must meet in order to continue the project. Georgia Power is one of four utilities with a […]

A bill backed by outgoing New Jersey Gov. Chris Christie (R) to subsidize the state’s nuclear power plants unanimously passed a joint committee on December 20 and now heads to the full legislature for a vote. S.3560, introduced on December 14, directs the Board of Public Utilities to issue Nuclear Diversity Certificates (NDCs) to nuclear power […]

A Michigan utility will build a $500 million natural gas-fired power plant on the site of an existing coal-fired plant in Lansing, and plans to retire the coal plant and another coal-fired facility in the town in the next few years. Lansing’s Board of Water & Light (BWL) announced the project December 18. The city-owned […]

A leading-edge operations center opens in New York The New York Power Authority (NYPA) has taken a huge step forward in increasing the efficiency of its operations with the opening of its new Integrated Smart Operations Center (iSOC), which harnesses the capabilities of state-of-the-art digitization technologies. The center, located in White Plains, N.Y., was officially […]

It’s become a cliché that government would be better if it were only run by private-sector managers using standard business practices. However, there are significant differences between the private sector and government. This quiz is designed to test your knowledge of those differences. Create your own user feedback survey To learn 18 more differences, read “25 Differences Between […]