Business

  • Gas Power Generation Thrives, Turbine Manufacturers Struggle

    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

  • Europe’s Power Generation Industry Evolves

    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 […]

  • Could Dispute Resolution Boards Keep Combined Cycle Projects on Schedule?

    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 […]

  • The Big Picture: Energy Transitions [INFOGRAPHIC]

    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 […]

  • POWER Digest [January 2018]

    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

  • Spanish Government Takes Steps to Support Coal-fired Generation

    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

  • A Bird’s-Eye View: Drones in the Power Sector

    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

  • IEA Predicts End of Coal’s Heyday

    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

  • How to Leverage the Value of Outsourcing Electrical Power Maintenance

    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 Reaches for Higher Efficiency with Its HL-Class Gas Turbine [PODCAST]

    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 PSC Chair: We Wanted Vogtle to Go Forward

    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 PSC Puts Vogtle Future in Georgia Power’s Hands

    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 […]

  • New Jersey Nuclear Subsidy Bill Barrels Out of Committee, Heads for Legislature Vote

    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 […]

  • New Michigan Gas-Fired Plant Will Replace Existing Coal Plant

    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 […]

  • Blazing a Trail Toward the Energy Grid of the Future

    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 […]

  • Test Your Knowledge: Differences Between Private Sector and Government Managers

    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 […]

  • Georgia PSC Will Decide Vogtle’s Fate on December 21

    The Georgia Public Service Commission on December 11 said it will decide December 21 whether to allow construction of two new nuclear reactors at the Plant Vogtle site to move forward, or call for the project to be canceled. Commissioners voted Monday to move up the timetable for a decision on the troubled nuclear project […]

  • Market-Challenged, GE Continues to Improve Gas Turbine Efficiency

    GE Power said its 9HA.02 gas turbine reached a new milestone by exceeding 64% efficiency in combined cycle power plants. The company attributes at least part of the achievement to advances in additive manufacturing (3-D printing). “The HA is our most advanced gas turbine technology, and we’ve never stopped pushing the boundaries of what it […]

  • McIntyre Takes Reins as New Head of FERC

    Kevin McIntyre was sworn in as chairman of the Federal Energy Regulatory Commission on December 7, just more than a month after his nomination to the post was approved by the Senate. He takes over from interim chair Neil Chatterjee, who will remain at FERC as a commissioner. The agency that regulates transmission and wholesale […]

  • GE Cutting 12,000 Jobs in Power Division

    General Electric (GE) said December 7 it will cut 12,000 jobs in its power unit as the company continues to struggle with changes in the global power market. The company in a statement said the staff reductions will save $1 billion in 2018. “Traditional power markets including gas and coal have softened,” the company said, […]

  • MHPSA CEO Optimistic About the Future [PODCAST]

    In December 2016, Mitsubishi Hitachi Power Systems (MHPS) announced the introduction of its JAC gas turbine—a new air-cooled J-series model. The JAC has flexible ramping capabilities, an impressive 64% efficiency, 99.5% reliability, and a combined cycle output of 575 MW. Furthermore, the design has been thoroughly tested, with more than 14,000 operating hours at T-Point, MHPS’s validation facility. The […]

  • New Jersey Considers Nuclear Subsidies for PSEG Plants

    New Jersey lawmakers are exploring whether to legislatively prop up future operation of two nuclear power plants in the state, holding a hearing on December 4 in which key stakeholders sounded off on how nuclear subsidies could affect the environment, the economy, and the power market. The hearing, jointly held by the state Senate Environment […]

  • Toshiba Will Make Remaining Vogtle Payments by mid-December

    Toshiba Corp. has agreed to accelerate its payments to Georgia Power to help the utility finance completion of the troubled Plant Vogtle nuclear expansion. The deal announced December 5 comes four days after a recommendation from state regulators that the project be abandoned if Georgia Power cannot make it financially viable, and also to lessen […]

  • Georgia Regulators: Change Vogtle Economics or Cancel Project

    A new analysis by staff at Georgia’s Public Service Commission (PSC) says continuing construction of two AP1000 reactors at the Plant Vogtle nuclear facility near Waynesboro, Georgia, is not economic, and the group says that unless Georgia Power agrees to modify its conditions for completing the project to ensure it will be financially viable, the […]

  • POWER Digest [December 2017]

    Construction Set to Begin on First Nuclear Plant in Turkey. Berat Albayrak, Turkey’s Energy and Natural Resources Minister, in mid-October said construction of the country’s first nuclear power plant would

  • Parts Exchange Program Saves Money, Keeps Xcel’s Turbine Fleet Spinning

    Keeping combustion turbines spinning at power plants across Xcel Energy’s service territory is critical to maintaining reliability and minimizing costs. One of the challenges to meeting that goal is

  • Will North American Energy Trade Wax or Wane Under Trump?

    Cross-border trade in energy—electricity, natural gas, and oil—has been an unanticipated boon to the U.S., Canada, and Mexico, exceeding $140 billion in 2015. The Trump administration’s antipathy toward

  • Turbomachinery & Pump Symposia Show Preview

    High-Pressure, Rotary Gear Pumps for Severe Applications  Northern Pump manufactures high-pressure, heavy-duty, positive-displacement, rotary gear pumps for industry, designed to perform in severe

  • GE Power Falters on Underperformance of Alstom Investment

    Weak earnings associated with General Electric’s (GE’s) underperforming $10.1 billion investment in Alstom have prompted the giant conglomerate to rejigger its power business and lean more heavily on other segments. GE Power, the company’s long-standing and lucrative business unit that has installed 1.6 GW of the world’s installed capacity over its 125-year history, has also […]

  • Exelon’s Digital Transformation [PODCAST]

    GE and Exelon announced a multi-year agreement to deploy GE’s portfolio of Predix software solutions across the energy company’s six electric utilities to further enhance reliability and efficient service to its more than 10 million customers. Exelon’s six utilities will use these advanced analytics to further strengthen transmission and delivery systems. POWER Executive Editor Aaron […]