Business

  • How Power Sector Deregulation Is Affecting Mexico [PODCAST]

    Mexico’s energy reform began in 2013. It has opened up key parts of the country’s electricity sector to new market participants, foreign investors, and innovative technology. Prior to the reform, Mexico operated under a traditional, vertically integrated model with the state-owned Federal Electricity Commission (CFE) responsible for all power supply functions from generation to distribution. […]

  • Monticello Goes Under, More Coal and Nuclear Imperiled in Texas (Updated) 

    A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price environment” will force it to retire a 1.9-GW coal-fired power plant operating in the Texas market. The plant’s economic woes suggest a larger swath of […]

  • Power Groups Unite to Block DOE Grid Resiliency Rule; FERC Sets Tight Window for Comment

    The Federal Energy Regulatory Commission (FERC) set a three-week window for comment on the proposed Department of Energy (DOE) grid resiliency rule that 11 power trade groups—representing natural gas, wind, solar, public power, and power consumers—worry could have serious ramifications for competitive markets because it favors coal and nuclear. The groups filed a joint motion on […]

  • GE Power Sells Lucrative Water & Process Technologies Division to SUEZ in $3.4B Deal

    Less than a week after GE struck a $2.6 billion deal with ABB for GE’s electrification business, GE Power completed the $3.4 billion sale of its lucrative water and process technologies division to multinational water management firm SUEZ. The sale of GE Water & Process Technologies, a systems and services provider of water, wastewater and […]

  • 135th Anniversary—The History of POWER magazine

    POWER magazine was launched in 1882, just as the world was beginning to grasp the implications of a new, versatile form of energy: electricity. During its 135-year history, the magazine’s pages have reflected the fast-changing evolution of the technologies and markets that characterize the world’s power sector today. The History of POWER is the History […]

  • 135th Anniversary—Excerpts from the pages of POWER (SLIDESHOW)

    POWER magazine—the oldest-running trade publication for power generators in the world—has since its establishment in 1882 been a valuable resource for business and technology developments. Here are compelling excerpts from the magazine’s voluminous pages over the 14 decades it has been published. [Scroll down for full content.] Source: POWER magazine archives. All rights reserved.  —Sonal […]

  • Reports: Electric Vehicles Are Poised to Reshape Global Power Consumption 

    The rapid adoption of electric vehicles (EVs)—both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs)—is expected to transform global electricity consumption through 2040, three

  • POWER Digest (October 2017)

    Construction Scheduled for Hydrogen Fuel Cell Plant in South Korea. Hanwha Energy  on August 25 approved formation of a subsidiary,  Daesan Green Energy , to build a 50-MW hydrogen fuel cell plant in the

  • Major Engineering and Equipment Company Builds-to-Own Its First Coal Plant

    Given the opportunity to help India’s bread basket alleviate a chronic power shortage, a major engineering, construction, and manufacturing firm built its first 1,400-MW coal-fired power plant in just 54

  • 135th Anniversary—Engineering a Legacy: Marmaduke Surfaceblow

    Marmaduke Surfaceblow was a crusty character, providing POWER magazine readers with imaginative tales of engineering feats, and lending his name to one of our most-coveted awards. He might be fictional, but Marmaduke Surfaceblow became synonymous with POWER magazine, a colorful character with a distinctive way of finding solutions to engineering problems. Author Stephen Elonka introduced […]

  • [UPDATED] DOE to FERC: Force Competitive Markets to Value Coal and Nuclear Resiliency, Reliability Attributes

    A rule proposed by the U.S. Department of Energy (DOE) on September 29 directs the Federal Energy Regulatory Commission (FERC) to mandate that competitive power markets develop and implement market rules to “accurately price” what it calls “fuel-secure” generation. The DOE’s “Grid Resiliency Pricing Rule” directs FERC—an independent regulatory government agency that is officially organized as […]

  • Faster Power Plant Cycling

    Rapid startup is critical for modern power plants, as peaks and valleys in demand fluctuate with the increased use of alternative, renewable sources. But power plant cycling comes with risks to expensive equipment. Maintaining control of water cycle chemistry is vital to help mitigate them.  

  • Entergy Gives Palisades Nuclear Plant Five More Years to Run

    Entergy Corp. will keep the Palisades nuclear power plant in Covert, Michigan, open until the spring of 2022, owing to a shortfall in recovery granted to Consumers Energy by state regulators. In a bid to actively exit the merchant nuclear power business, investor-owned Entergy had decided to shutter the 798-MW plant by October 1, 2018.  […]

  • SCANA, Santee Cooper Monetize Settlement Payments from Toshiba to Minimize Risk

    SCANA Corp. and Santee Cooper moved to cash in a $2.2 billion settlement with Toshiba—even though it will cost them $171 million—rather than risk collecting guaranty payments from the Japanese conglomerate over the next five years for the unfinished V.C. Summer nuclear expansion. Just days before the utilities decided to abandon the project, Toshiba on […]

  • S.C. AG, State Lawmakers Press for Criminal Investigation of SCANA’s Role in V.C. Summer Nuclear Expansion Collapse

    SCANA Corp.’s troubles concerning its decision to abandon the V.C. Summer nuclear expansion intensified again this week after South Carolina’s attorney general’s office and state lawmakers urged state law enforcement to conduct a criminal investigation on how it handled the project. The company said in a filing with the U.S. Securities and Exchange Commission on […]

  • ABB Acquiring GE Electrification Unit in $2.6 Billion Deal

    Swiss engineering firm ABB has moved to expand its electrification business, especially in North America, with a $2.6 billion deal to acquire GE Industrial Solutions (GE IS). The move announced September 25 is the latest by GE to refocus its operations under new chief executive John L. Flannery, who replaced long-time GE CEO Jeffrey Immelt […]

  • Eliminating lab-based water cycle chemistry measurements

    Power plants are under pressure to accurately measure critical water quality parameters like chloride, sulfate and organics with shrinking budgets for equipment and staffing. How can they achieve this?

  • Four Tips for Protecting Power within One of the World’s Most Critical Industries

    New report highlights criticality of utilities. As more and more industries increasingly rely on information technology (IT), the ability to ensure IT systems stay up and running is more critical than ever. But which industries absolutely, positively must stay up and running? Which industries are most critical? That’s the question answered by a team of […]

  • Feds Subpoena Documents Related to 2016 Bechtel Audit of V.C. Summer Nuclear Expansion

    SCANA Corp. and Santee Cooper—utility partners that recently abandoned a two-unit expansion at the V.C. Summer nuclear plant—have received federal subpoenas for documents associated with a much-guarded February 2016 assessment report conducted by Bechtel, documentation of meetings with the firm, and documentation of site walk-downs and real-time observations at the half-built project. A copy of […]

  • Long-delayed Expansion of Kansas Coal Plant Now Considered Unlikely 

      Chances that an 895-MW project to expand Sunflower Electric Power Corp.’s coal-fired Holcomb Station in Kansas will ever be completed are “remote,” a key project partner said. Tri-State Generation and Transmission Association—a Denver-based power generator owned by 43 electric cooperatives that partnered with Sunflower in 2005 to build the new unit—in an August 10-Q […]

  • Solar Industry Celebrates Record Breaking Q2

    The solar industry enjoyed its largest second quarter in history, the Solar Energy Industries Association (SEIA) announced, kicking off the annual Solar Power International (SPI) conference in Las Vegas. In the latest U.S. Solar Market Insight Report, GTM Research and SEIA found that in Q2 2017, the industry installed 2,387 MW of solar photovoltaics (PV), […]

  • Trade Case Causes Stir at International Solar Conference

    Hanging like a thick fog over the proceedings of the annual Solar Power International (SPI) conference in Las Vegas, an ongoing trade case cast uncertainty on the industry. The case, which pits two solar manufacturers against just about everybody else in the industry, was the focus of several panels and nearly all side conversation at […]

  • EPA Postpones Compliance Dates for FGD, Bottom Ash Transport Requirements in ELG Rule

    Steam electric power plants preparing to comply with the Environmental Protection Agency’s (EPA’s) effluent limitations guidelines (ELG) and standards as they concern bottom ash transport water and flue gas desulfurization (FGD) waste streams will get—for now—a two-year reprieve under a new rule the agency finalized on September 12. The ELG rule, which was finalized by […]

  • Sempra Gets OK from Bankruptcy Court for Acquisition of Oncor

    Sempra Energy’s proposed $9.45 billion acquisition of an 80% ownership interest in Oncor Electric Delivery Co. has been approved by a U.S. bankruptcy court. But the company still needs approval from Texas regulators, which have blocked two previous attempts by Oncor’s parent Energy Future Holdings to sell it. The U.S. Bankruptcy Court for the District […]

  • FirstEnergy Cuts Sale Price in Revised Deal to Shed Assets

    Ohio-based FirstEnergy Corp. has dropped the price of several assets as it continues to work toward closing a deal to sell five of the company’s natural gas-fired power plants, along with a hydroelectric facility, to an equity group that specializes in energy investments. FirstEnergy this week said it had cut the price of the facilities […]

  • Power Market Deregulation Transforms Mexico

    Mexico’s energy reform, which began in 2013, has opened up key parts of the country’s electricity sector to new market participants, foreign investors, and innovative technology. Prior to the reform

  • POWER Digest (September 2017)

    Canadian Solar Expands Solar Power in Japan. Canadian Solar in July started commercial operation of its latest group of photovoltaic solar power plants in Japan as it continues to build its solar presence in

  • UK Power Group Set to Phase Out Coal

    The Drax Group operates the UK’s largest power station, and in a country where government leaders have said all coal generation needs to be retired by 2025, Drax is moving forward with plans to convert its

  • Integrated Solar-Hydro Project Takes Float

    The combination of solar power and water is in use around the world, with various solar arrays placed on lakes to provide renewable energy from the sun. However, a project in Portugal has found a new way to