Archive: Business

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Industry Pivots on Natural Gas, Hails Cap and Trade

At the opening ELECTRIC POWER 2010 plenary session, both the keynote speaker’s address and discussion among the Power Industry Executive Roundtable participants pointed to the renewed appeal of natural gas and proposed cap-and-trade legislation as being potential game-changers for the U.S. power industry.

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China: A World Powerhouse

It’s no surprise that China leads the world in recent power capacity additions. What may surprise you is the precise mix of options this vast country is relying upon to meet its ever-growing demand for electricity. As a result, this ancient civilization is fast becoming the test bed and factory for the newest generation and transmission technologies.

POWER Digest (July 2010)

Alstom and Schneider Electric Close AREVA T&D Acquisition Deal. Alstom and Schneider Electric on June 7 closed a €2.29 billion (US$2.75 billion) transaction to acquire AREVA’s transmission and distribution arm, AREVA T&D, after obtaining approvals from relevant competition authorities and the French Commission des Participations et des Transferts. A consortium agreement for the joint acquisition […]

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Is Eskom Ready for the World Cup?

The FIFA World Cup, the biggest sports event on the planet, is under way in South Africa through July 11. More than 300,000 fans are expected to attend the global soccer tournament, and hundreds of millions more will be watching on television. But a focus will also be on South Africa itself, which 20 years ago ended apartheid and has spent the following decades in a recovery process. And the pressure is on for Eskom, South Africa’s state-owned utility, which generates nearly 95% of the nation’s power (and 45% of Africa’s total).

Bid Smartly . . . or Walk Away

With some industries reeling in today’s economy, future revenue growth is still uncertain in certain markets. The bright exception is the "new energy" arena of renewables and sustainables. But that’s a tough market, with lots of competitors for the business and lots of opportunities to misfire and miss the boat. A key to success is bidding smartly on contract opportunities. Otherwise, don’t bid at all.

TREND: Fire Safety Again Tops Nuclear Agenda

The U.S. Nuclear Regulatory Commission puts fire at the top of its safety concerns, calculating that fire constitutes half of all reactor safety risks, and lately fire safety has again become a major industry issue. For example . . .

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Regulators Embrace Nuclear—Awkwardly

A recent survey finds utility regulators contradicting themselves on the touchy subject of nuclear power. They say they like new nukes, but their actions belie their stated beliefs.

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A Proposed Definition of CHP Efficiency

Many alternative approaches for determining a useful definition of combined heat and power fossil power plant efficiency have been proposed, although most fail to produce a universal definition. This follow-up report to our February story on plant efficiency shows how an exergy analysis supplies the elusive solution.