Business
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O&M
Managing Multiple Generations Across a Smooth-Running Fleet
Power generators have always had to make afetyome changes as each new generation enters the sector, but today’s new workers are bringing with them attitudes and skills that challenge traditional plant management, for good and ill. Here’s what some companies and plants are doing to make the best use of younger workers while getting them […]
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Nuclear
GE-Hitachi Exits Nuclear Laser-Based Enrichment Venture
GE-Hitachi Nuclear Energy is pulling out of Global Laser Enrichment (GLE), a company that in 2012 got the Nuclear Regulatory Commission’s (NRC’s) unprecedented approval to build and operate a full-scale laser uranium enrichment facility. The move was precipitated by a change in business priorities, but it doesn’t necessarily mean the GLE’s proprietary SILEX technology is […]
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Partner Content
GE Digital Twin
GE Digital Twin
The Analytic Engine Behind Digital Transformation
Gathering machine sensor data for analysis across a power plant is only the beginning. The Digital Twin takes analytics to the next level by creating a virtual analytic model of assets within the plant. With the GE Digital Twin power companies can:Understand how assets are performing
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Partner Content
Discover the Power of Digital
Discover the Power of Digital
eBook: 14 Power Companies Show Tangible Gains with Digital
From balancing asset life and performance to managing variations in market conditions and fuel costs, power leaders everywhere are using data and analytics as a strategic asset to drive efficiencies and increase profitability for their business. In this eBook, learn how they -
Coal
Great Plains Energy to Acquire Westar Energy in Deal Worth $12.2 Billion
Kansas City–based Great Plains Energy has agreed to purchase Westar Energy—Kansas’ largest electric utility—in a combined cash and stock transaction with an enterprise value of about $12.2 billion. The deal was announced on May 31. When complete, Westar will become a wholly owned subsidiary of Great Plains Energy, which also owns Kansas City Power and […]
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Nuclear
Two Exelon Nuclear Plants Fail to Clear PJM Auction
Exelon’s Quad Cities and Three Mile Island nuclear plants have failed to clear the PJM capacity auction for the 2019–2020 planning year, and the future looks grim for at least one of those plants. The Chicago-headquartered company on May 25 confirmed that the two plants would not receive capacity revenue for the period. It also […]
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Coal
Trump Picks North Dakota Lawmaker as Key Energy Advisor
Donald Trump, presumptive Republican nominee for president, has chosen a back-bench Republican congressman with a lot of experience in state energy regulation as his advisor on energy issues
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Legal & Regulatory
EIA: Clean Power Plan Will Wallop Coal Power Generation
Even if the final Clean Power Plan is not implemented, U.S. electricity-related carbon dioxide (CO2) emissions will remain well below 2005 levels, the Energy Information Administration (EIA) said in a comparison of two cases looking forward through 2040. The cases are part of the agency’s May 17–released Annual Energy Outlook 2016 Early Release (AEO2016 Early […]
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Partner Content
What to Look for in an Industrial Cleaning Supplier
Your company is growing: The number of products you manufacture and the pace at which they are produced require a new post-production strategy. Your capacity to properly execute technology-based industrial cleaning projects must adapt to the changing needs of your company and keep up with your fast-moving operation. A reliable, respected industrial cleaning supplier can
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Nuclear
Fort Calhoun May Close by Year End, Joining List of Premature Nuclear Power Plant Retirements
Fort Calhoun Station (FCS) appears to be the next in a string of nuclear plants that have ceased operations or plan to retire as a result of difficult economics. Tim Burke, president and CEO of Omaha Public Power District (OPPD)—the plant’s owner—presented senior management’s recommendation to close FCS by December 31, 2016, to the board […]
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Coal
Fuel Cells Could Be a “Game-Changer” for Carbon Capture
Fuel cells powered by natural gas, biogas, and hydrogen are a rapidly expanding option for distributed generation, with fuel cell–based power plants being deployed in capacities into tens of megawatts. But as the technology improves and costs begin to scale, opportunities for other applications are being explored. One such application may even go beyond power […]
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Renewables
EIA International Outlook to 2040 Foresees Decoupling of Power Demand and Economic Growth
The world’s frenzied economic growth through 2040 won’t be matched by electricity demand growth, the Energy Information Administration (EIA) says in the International Energy Outlook 2016 (IEO2016 ) released on May 11. World net electricity generation will jump 69% by 2040, the IEO2016 reference case projects, but that is still well below “what it would […]
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Gas
GE Power Picks Up Doosan’s HRSG Business Unit
GE’s shopping spree in the power sector continued on May 10 as GE Power signed an agreement with Doosan Engineering & Construction to acquire the Korean firm’s heat recovery steam generator (HRSG) business for $250 million. According to GE, the acquisition will allow it to expand its offerings for combined cycle power plant solutions. The […]
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Coal
Southern Co. Kemper IGCC Delays, Cost Surges Are Under SEC Scrutiny
The U.S. Securities and Exchange Commission (SEC) is conducting a formal investigation concerning costs and delays plaguing Mississippi Power’s Kemper integrated gasification combined cycle (IGCC) plant. Southern Co., Mississippi Power’s parent company, revealed the investigation in a recent 10-Q financial filing. The company said that while it is fully cooperating with the SEC, it believes the […]
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Nuclear
Nuclear Milestones Confront Exelon, FPL, and TVA
Five nuclear projects—two old, one new, two planned—faced milestones this week as their owners confronted the realities of the U.S. nuclear market. Exelon Seeks Nuclear Support In Illinois, Exelon again warned that the long-challenged Clinton and Quad Cities plants would shut down unless the Illinois legislature passed a bill that would provide economic support for the […]
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Nuclear
For Sale: Partially Constructed Bellefonte Nuclear Power Plant
The Tennessee Valley Authority (TVA) board of directors voted on May 5 to surplus the Bellefonte Nuclear Plant property in northern Alabama so it can be offered for sale and potentially put to better use. The decision comes after months of consideration. On February 16, the TVA notified employees, customers, economic development interests, other stakeholders, […]
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Renewables
Renewable Energy Development Breaks Records and Leaps Ahead of Fossil Fuels Worldwide
Hands down, 2015 was a record year for global investment in renewable energy. Excluding large hydroelectric projects, the amount of money committed to renewables rose 5%, to $285.9 billion, exceeding the previous record of $278.5 billion reached in 2011.
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Coal
Dynegy to Shut Down 30% of Southern Illinois’s Power Generation Capacity
Dynegy Inc. announced on May 3 that it plans to shut down multiple Illinois coal-fueled units due mainly to the failure of the plants to recover basic operating costs in recent Midcontinent Independent System Operator (MISO) capacity auctions. According to the company, the generation that will be lost is 2,800 MW—about 30% of the total […]
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Coal
Dominion Resources Broadens Its Reach
Dominion Resources, a large electric and gas utility holding company serving mostly Virginia and North Carolina, has big ambitions to spread its wings nationally and internationally in gas, while carefully hedging its electricity business. The company’s strategy is eclectic. “Eclectic.” Miriam-Webster’s Collegiate Dictionary, 11th Edition, defines the word as “1: selecting what appears to be […]
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Legal & Regulatory
German Companies Hope to Take Energiewende to Iran
Taking full advantage of the international political thaw with Iran, Germany has begun working closely with the fossil fuel–rich nation to develop renewable energy strategies based on the successes and failures its policymakers have learned from its own Energiewende (energy transition). To jumpstart this, Germany’s government recently released a commissioned report titled “Enabling PV Iran,” […]
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Coal
South Africa Makes Strides in Securing Power System
South Africa’s power system is preparing to receive a critical capacity boost. In March, state-owned utility Eskom grid-synchronized the first of four units of the Ingula Pumped Storage project in
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International
POWER Digest
WTO Rules Against India in Solar Power Dispute. A mandate that certain types of solar cells and modules used for India’s ambitious state-backed solar initiative must be domestically manufactured violate
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Commentary
Doublespeak Is No Cure for Utility Ills
After a very busy March, I just wanted to run a collage of puppy photos in this editorial. After all, baby animals are proven to generate engagement on social media, so why not in print? Then I saw a Twitter
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Renewables
Spain’s Power System Slashes Debt in 2015
Spain’s power sector, which has been shaken financially in recent years owing to plunging power demand, posted its first electricity tariff surplus in 14 years at the end of 2015. The National Markets and
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Smart Grid
U.S. Microgrid Market Development
Microgrids have been around for decades, but today, more potential customers, owners, technologies, and vendors than ever are part of the market. Increased interest in this special grid resource means there’s more competition, which is generally a good thing, but there are also new challenges. “You have to have some serious staying power” to be […]
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Gas
GE Continues Its Buying Spree
GE is doubling down on industrial markets, as its efforts to acquire the drilling unit of Halliburton and its two acquisitions in the power space this month demonstrate.
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Renewables
Five Takeaways From the ELECTRIC POWER Executive Roundtable
Executives from power companies operating in different markets revealed how their firms are being affected by low natural gas prices, pressures to achieve fuel diversity, distributed energy generation, and lax demand growth, among a number of topics. The annual executive roundtable panel at the ELECTRIC POWER Conference and Exhibition on April 19 was moderated by […]
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Renewables
Environmental Experts Underscore Clean Power Plan Uncertainty
Even if the Clean Power Plan (CPP) doesn’t overcome legal challenges, it is likely that many states will implement carbon-curbing measures set down by the rule, some panelists said at the Environmental Mega Session at the ELECTRIC POWER 2016 conference in New Orleans on April 19. The Rule’s Shaky Legal Standing The rule is […]
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Finance
Mergers and Acquisitions in the Power Sector Soar in 1Q 2016
The volume and value of mergers and acquisitions (M&A) in the first quarter of this year have soared, according to the accounting and financial consulting firm PwC. According to PwC’s quarterly snapshot, American Power & Utilities Deals: Q1 2016, “The first quarter was the most active for power and utilities in recent history, with 22 […]
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O&M
Resilience and Change in a Digital Future
Two senior power sector executives opened the 2016 ELECTRIC POWER Conference and Exhibition in New Orleans April 19 with a message that generators need to “think big” and embrace possibilities of disruptive technologies—or risk being run over on the road to the future. Leo Denault, chairman and CEO of Entergy Corp., delivered the opening keynote […]