Archive: Business

Trend: Natural Gas Is Hot, Hot, Hot

Despite the political kerfuffle over Obama administration loan guarantees for new nuclear generating plants, the ubiquitous hand-wringing about fossil fuels and climate change, and the hype about wind and solar renewable power generation, the new reality of natural gas may be a game-changer.

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Smart Grid: On the Money

How much will a smart grid cost? It’s a question that has gained importance in light of massive cost overruns for one highly touted U.S. project.

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A Primer on Optimizing Fleet Operations

The power industry needs a straightforward definition of "fleet optimization" and a game plan to achieve the promised economic gains of optimizing. This need has become more urgent because integrating nondispatchable renewable resources requires more complex optimization strategies. The bottom-up approach presented here applies well-understood optimization principles and techniques that will help power producers minimize their fleetwide cost of production, independent of the technologies used to generate electricity.

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Benchmarking Nuclear Plant Staffing

The EUCG Nuclear Committee has collected benchmarking data of U.S. nuclear plant staffing for many years. A summary of this highly desirable data was gleaned from EUCG databases and is now, for the first time, made public through an exclusive agreement with POWER.

POWER Digest (April 2010)

Siemens Hands Over 870-MW Dutch Gas Plant. Siemens Energy on Feb. 12 handed over the 870-MW Sloecentrale combined-cycle power plant to the joint venture of Dutch company Delta Energy and Electricité de France. The natural gas – fired plant in the Dutch town of Vlissingen-Oost reportedly has an efficiency of 59% and uses a state-of-the-art […]

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Peru: The Potential to Become a Regional Energy Hub

Water and gas provide the energy for Peru’s power generation sector, and the country could generate considerably more, especially from hydro and wind. While the nation strives to extend electricity service to all its citizens, it’s also looking beyond its borders for potential future customers.

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Rare Earth and Lithium Supplies Cloud Renewables

Ensuring an adequate supply of rare earth elements and minerals may be a hurdle in the renewable energy supply chain. The metals and their compounds are used in battery technologies, windmills, catalysts, and communications technologies. Add lithium (not a rare earth) to that mix, as Latin American politics could cloud the prospects for new lithium supplies.

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Power Owners in Strong Position to Collect Liquidated Damages

Although law varies by jurisdiction, a recent case demonstrates arbitration panels’ willingness to uphold liquidated damages clauses in power plant engineering, procurement, and construction contracts.

Protect Yourself from Toxic Colleagues

Just one person behaving badly at work can send company morale into a downward spiral. It’s time to call out those morale-and-productivity-busting personalities so managers can spot them and steer clear of the mess they make.