Business

UK Abolishes Climate Change Department. As part of the major governmental shakeup triggered by Brexit—the UK’s momentous vote to leave the European Union—newly appointed UK Prime Minister Theresa May

In an industry as slow-moving as power generation, where planning horizons are measured in decades and assets can remain in operation for the better part of a century, it’s rare that things happen fast enough to catch anyone by surprise. But that’s exactly what’s happened to the U.S. merchant nuclear business over the past four […]

The second World Nuclear Exhibition was held at a moment in time when the prospects for nuclear power are both tantalizing and frustrating. One thing is clear: The dynamics of the nuclear power industry have changed recently—and so have the solutions proposed for achieving greater certainty. One of the strongest arguments nuclear power has going […]

Deciding to retire a coal-fired unit is often a tough call, but even tougher decisions follow. The next steps taken by a generation owner have multiple economic, environmental, and stakeholder consequences. Since 2000, U.S. generating companies (Gencos) have announced the closure of more than 200 coal-fired power plants, totaling 102 GW of generating capacity. Closures […]

Inexpensive natural gas, increased renewable energy utilization, and ever-tightening environmental regulations have limited the use of waste feedstocks for power generation. But while often dismissed out of hand, with proper planning and understanding of the market, power producers can realize benefits from waste-to-energy projects. It was a tropically hot day at the plant, and it […]

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 nuclear capacity? Chicago-based Exelon Corp., the largest nuclear power generator in the U.S., is facing what could be the […]

NRG Energy will pay $1 million in penalties, install environmental projects worth another $1 million, and complete costly upgrades under a consent decree it entered into with the state of Maryland to resolve wastewater discharge violations at two coal-fired power plants owned by its subsidiary GenOn. The settlement results from a June 2013 complaint Maryland […]

MidAmerican Energy’s Wind XI project in Iowa, which will comprise up to 2 GW of total generation, has received approval from state regulators to proceed with construction, the company said. The $3.6 billion project will place 1,000 turbines at several sites still to be finalized. Plans were announced in April 2016, and the Iowa Utilities […]

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 […]

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

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.

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

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’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 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. […]

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 […]

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 […]

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 […]

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 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 […]

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 […]

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 […]

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. […]

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

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 […]

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 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. […]

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 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