Business

  • Texas Coal Plant Wins Tax Appraisal Case, Property Value Cut 60%

    The Sandy Creek coal-fired power plant—a 900-MW facility in Riesel, Texas—won a major victory in court on August 19 when a McLennan County jury agreed that the plant was appraised at a much higher value than justified by market conditions. The appraisal district had suggested the plant be valued at $900 million in 2014 and […]

  • Sulzer expands facility capability with new lathe

    Industrial gas turbines are increasing in size. As a result of this, repair facilities that overhaul and repair these machines must keep pace. One of the key tools is a large lathe. As one of the leading industrial gas turbine and rotor repair providers in the world, Sulzer has recently upgraded its service center in

  • New Mexico Clears Hurdle to Provide Power to Facebook Facility

    A unanimous vote by New Mexico’s Public Regulation Commission (PRC) today determined that Public Service Co. of New Mexico (PNM) will be allowed to provide new renewable capacity to a proposed Facebook facility through a special service agreement.

  • Pioneer PSEG Improves Performance

    PSEG is faced with providing economic and reliable power as demand and fuel prices fluctuate, while maintaining a profitable business.

  • Putin and Erdogan Meeting: Implications for Gas and Nuclear Projects

    Turkish President Erdogan’s meeting with Russia’s President Putin could signal a major shift in energy flows into the EU and increase the West’s dependence on Russian gas, which could open the door wider for U.S. LNG.

  • China Warns Against Hinkley Point Cancellation

    China’s ambassador to the UK, in an opinion piece in British newspaper Financial Times, warned that Sino-British relations are “at a crucial historical juncture” and suggested that enormous recent Chinese investments in Britain are at risk should the planned Hinkley Point C nuclear reactor project be cancelled. The long-delayed and much-debated two-unit expansion at the […]

  • Massachusetts Lawmakers Approve Energy Storage, Offshore Wind Mandates

    Massachusetts’ lawmakers approved an omnibus energy bill that sets down an energy storage mandate and requires utilities to solicit contracts for 1.6 GW of offshore wind. The bill also outlines clean energy procurement targets, including for 1.2 GW from hydro, onshore wind, and other renewables from within the state, from neighboring states, or from Canada. […]

  • Ansaldo Energia Wins Arbitration Dispute Over Siemens Gas Turbine Patents [Updated]

    Italian firm Ansaldo Energia successfully defended an arbitration case brought by Siemens in the International Chamber of Commerce (ICC) Arbitral Tribunal regarding its right to use Siemens gas turbine technology under a license agreement, the company said on Aug. 1. The dispute stemmed from an agreement that ran from 1991 through October 2004 under which […]

  • Dusseldorf’s Lausward Power Plant Fortuna Unit Wins POWER’s Highest Award

    Düsseldorf’s new “Block Fortuna” at the Lausward Power Plant, owned by municipal utility Stadtwerke Düsseldorf, is setting records and giving Germany’s coal-fired power plants some much-needed competition for backing up the nation’s large percentage of variable renewable power. Germany’s Energiewende (literally, “energy turn”) functions as something of a living laboratory, where innovation equals survival, because […]

  • Longview Power Plant Rehabilitation Results in Most Efficient U.S. Coal Plant

    We’ve all probably purchased a “lemon”—an item that didn’t work as advertised—but when that lemon is a $2.1 billion power plant, you can’t just return it. For Longview Power’s management team, taking a “belts-and-suspenders” approach to problem-solving allowed them to identify root causes, make changes, and convert their lemon into “lemonade.” Most people expect a […]

  • New Best Practices for Power Project Planning and Construction

    Effectively managing time, budget, and resources has always been the goal of companies involved in constructing power generation projects, but today the challenges in meeting those goals can be greater than ever. Any power generation company involved in new construction or an upgrade or retrofit project hopes it will see completion safely, without exceeding schedule […]

  • Southern Company Bets Big

    Southern Co., one of the nation’s largest investor-owned utilities, appears torn between enormous recent investments in advanced coal and nuclear technologies—the company’s successful strategy in the past—and a competing sense that natural gas and distributed energy might be the company’s ultimate future. The Southern Company, based in Atlanta, Ga., is a regional utility behemoth, mostly […]

  • TenneT Proposes Central Island Hub for North Sea Electricity Interconnection

    Dutch power grid operator TenneT on June 10 unveiled plans for a large-scale island transmission hub in the North Sea that could connect numerous offshore wind farms and transmit their generated power to the Netherlands, the UK, Belgium, Norway, Germany, and Denmark via direct current (DC) cables. Those cables, or “spokes” could also serve as […]

  • POWER Digest

    Court Forces Bulgaria to Pay for One of Two Canceled Reactors at Belene. Bulgaria’s National Electricity Co.(NEK) should pay Russia’s Atomstroyexport nearly $620 million in compensation for its canceled two-unit Belene nuclear plant, an international arbitration court in Geneva ruled in mid-June. The 2-GW plant was in the offing for more than two decades before NEK […]

  • Even with Trump, America’s Coal Age Ends in 2016

    Now that the political conventions are over and Americans must choose between two presidential candidates, the rhetoric around coal’s future continues to heat up. What neither candidate is telling you, however, is that no matter who is elected in November, no matter what the makeup of the next Congress is, America’s coal age is over. […]

  • 2016 Power and Utilities Deals Are Outpacing Previous Three Full Years

    Power and utility deals through Q2 2016 are already outstripping full-year totals for previous three years.

  • CB&I Sues Westinghouse Over $2B Closing Agreement Claim  

    Westinghouse Electric’s recent purchase of Chicago Bridge and Iron’s (CB&I’s) nuclear construction segment is embroiled in a new legal challenge, as CB&I filed suit in the Delaware Court of Chancery on July 21 over a $2 billion claim related to the deal The dispute is rooted in post-closing “true-up” working capital adjustments related to the […]

  • Exelon, America’s Leading Nuclear Generator, Keeps the Faith on Nukes

    The U.S. nuclear power business is in trouble, and Exelon has six units totaling more than 5,300 MW of dependable capacity on the chopping block. How will the Chicago electricity giant respond? Perhaps by acquiring more merchant nuclear capacity?

  • FirstEnergy Moves to Deactivate Two Embattled Ohio Coal Plants

    FirstEnergy Corp. will sell or deactivate 856 MW of coal-fired generation to reduce fleet operating costs. The company announced on July 22 that it plans to sell or deactivate the 136-MW Bay Shore Unit 1 in Oregon, Ohio, by October 2020. In addition, Units 1–4 (totaling 720 MW of capacity) at the company’s seven-unit W.H. […]

  • 11 Things to Know About the Solar Sector’s Precarious Future

    Despite escalating growth over the past decade, the U.S. solar power sector faces potentially crippling issues concerning module supply, workforce deficiencies, and grid interconnection obstacles, according to industry experts attending an international solar and energy storage convention. The country added an estimated 14.5 GW of new solar photovoltaic (PV) capacity in 2016, and by 2021, […]

  • Sulzer Service Solutions

    Sulzer is the leading worldwide, independent service provider for the repair and maintenance of large rotating machines including turbomachinery, pumps and electro-mechanical equipment. With a global network of technically advanced remanufacturing and test facilities, Sulzer offers a collaborative advantage that delivers high-quality, cost-effective, customized and turnkey solutions, providing its customers with the peace-of-mind to focus

  • Amid Scrutiny, Kemper IGCC Project Marks Big Syngas Production Milestone

    Southern Co.’s Kemper County energy facility—the only carbon capture and storage (CCS) integrated gasification combined cycle (IGCC) power plant that is under construction—is producing syngas using lignite. The plant marked its most significant milestone to date on July 14, said Southern Co.’s Mississippi Power. It means that the first-of-its-kind technology to convert locally mined lignite […]

  • NextEra Energy Cans Deal to Acquire Hawaiian Electric

    NextEra Energy announced on July 18 that it has terminated plans to merge with Hawaiian Electric Industries (HEI). Not surprisingly, NextEra Energy said the decision was driven by the Hawaii Public Utilities Commission’s (PUC’s) 2–0 decision on July 15 to dismiss the Joint Application for the Change of Control filed by the companies. “As a […]

  • Germany Backs Measure to Replace Renewable Incentives with Competitive Auctions

    Lawmakers in Germany have voted to replace subsidies for wind and solar with competitively priced electricity prices. The country’s upper (Bundesrat) and lower (Bundestag) legislative chambers on July 8 voted to adopt an amendment to the Renewable Energy Sources Act (EEG 2016) introduced by Minister of Economics and Energy Sigmar Gabriel. The legislation aims to […]

  • In Push for Collaboration, Solar and Storage Industries Unveil “Smart Solar” Potential

      Pairing solar with energy storage will be integral to cement the future of both emerging sectors, said experts at the Intersolar North America’s annual event held this week in San Francisco. The three-day event and exhibition was co-located with ees North America, a stand-alone event focused on energy storage technologies and services. But experts […]

  • Red and green to grey — Why switch my HMI?

    Many operators are perfectly happy with their trusty red and green HMIs and can’t imagine why they should give them up for a dull greyscale display. When they take a closer look, they usually find out that grey is beautiful.

  • Largest Wind Turbine Contest Gets Another Entrant

    Siemens on July 5 entered the competition for the largest wind turbine in the world with an upgrade of its SWT-7.0-154 model. The new SWT-8.0-154 turbine boosts power output over the earlier model through upgraded magnet technology. Other components remain largely the same over the earlier model and the smaller SWT-6.0-154 turbine, Siemens said. The […]

  • Obama Administration’s Environmental Rules to Leave Lasting Legacy on Power Sector, Markets

    Witnesses at a Congressional hearing raised concerns about the complexity, costs, legality, and feasibility of the 3,900 final rules published by the Environmental Protection Agency (EPA) during the Obama administration. A large portion of those rules affect the power sector, but none are more contentious than the Clean Power Plan, regulatory and citizen interest experts […]

  • TVA Submits Pioneering Application for SMR Early Site Permit

    The first-ever early site permit (ESP) application for a small modular reactor (SMR) was submitted to the U.S. Nuclear Regulatory Commission (NRC) this May, marking a resurgence for the fledgling nuclear energy technology that has seen a number of setbacks in recent years. The Tennessee Valley Authority (TVA) submitted an ESP application for a potential […]