Business
-
Legal & Regulatory
Getting Peak Returns out of Peaking Turbines
Gas turbines are expensive. Although peaking units aren’t as costly as baseload units, letting them sit idle is still a waste. Yet that is what peaking units spend nearly all their time doing. Some operators only fire up their units a few days a year. That is like putting money in the bank and collecting interest a few hours at a time, rather than all year round. That strategy only works when the payback is extremely high for those short periods.
-
Coal
China’s 12th Five-Year Plan Pushes Power Industry in New Directions
The Five-Year Plan is the expression of the centralized planning goals for China’s economy. The 12th Five-Year Plan, approved by the Chinese Government on March 14, 2011, established many social and economic goals, including significant expansion of the country’s power generation industry in many new directions.
-
Business
Social Media and Disaster Management
As demonstrated by last fall’s unexpected snowfall in New England and the Mid-Atlantic states, and the ensuing lengthy outages and public outrage, crisis communications is a hot topic for power utilities. And in addressing that topic, the role of social media is getting attention as a tool for disaster management.
-
HR
Workplace Drama: How to Define It and Identify It
Welcome to "Workplace Drama," a new, regular MANAGING POWER column by noted communications and human resources expert Marlene Chism. Her column will appear in each issue, and as the column progresses, we hope to hear from you with real-world situations and questions, to which Marlene will respond.
-
Commentary
Keys to Improving Customer Communication
Utility organizations are struggling to find a way to more effectively and efficiently communicate with their customers about basic information, including their amount due, ways to lower energy usage, and promotions.
-
Business
POWER Digest (December 2011)
Fluor Enters Small Modular Reactor Market, Backs NuScale. Fluor Corp. on Oct. 13 announced it planned to invest more than $30 million in NuScale Power, an Oregon-based small modular reactor (SMR) technology company. As part of its investment, Fluor has purchased the company’s shares that had previously been in U.S. Securities & Exchange Commission receivership […]
-
Gas
NorthWestern Energy Builds a Regulating Reserve Plant
Stable grid operation is challenging, especially when intermittent and unpredictable renewable generation is added to the generation mix. For NorthWestern Energy, the best solution was adding fast-acting gas-fired generation to its Montana electricity grid to meet required reliability standards while replacing expensive third-party contracts for ancillary services.
-
Coal
Restructuring the South African Power Industry
South Africa is at a critical turning point. An uncertain environment for private investment, escalating electricity prices, and a lack of available power threaten South Africa’s position as an attractive investment destination for many of the country’s most important industries. Power has been placed at the forefront of the government’s agenda, but South Africa needs a collaborative effort to meet the country’s energy demands and diversify its generation portfolio in order to drive economic growth.
-
Finance
Public Power Challenges Moody’s Proposed New Metrics
Public power utilities depend upon access to capital at favorable rates. So the munis pay special attention when Wall Street rating agencies talk about tinkering with how they establish bond ratings for municipal utility projects. Thus, recent moves by Moody’s Investors Service has drawn some fire from public power.
-
Finance
Solar Power’s Elephant in the Living Room
Understanding the reliability and failure mechanisms of photovoltaic modules is crucial to understanding how well they will perform over time. But today there are no test standards in place to judge this crucial issue.
-
Business
Legal Issues That Float in the Cloud
Cloud computing is a growing phenomenon for many businesses, large and small, promising significant efficiencies and cost savings. But, as with anything new, computing in the cloud poses some unforeseen legal issues.
-
HR
Navigating the World of Social Media and the Job
Social media are transforming the world around us, and not just the world of our family and friends. Understanding how the new tools of social interaction impact the job is part of the role of today’s effective manager.
-
HR
Why Meetings Fail and How to Make Them Work
Have you seen too many eyes-glazed-over expressions betraying a lack of interest at your employee meetings? Getting folks to pay attention at meetings is important, and there are ways to make it happen.
-
Gas
Blackout Leaves Southwest in the Dark
A large swath of Southern California, parts of Arizona, and Northern Baja Mexico was blacked out on Sept. 8—leaving seven million people in the dark—after an Arizona utility worker fixing faulty equipment near Yuma reportedly tripped the 500-kV North Gila–Imperial Valley transmission line, causing the outage. The blackout prompted two units at the San Onofre Nuclear Generating Station to go offline, stranded many people in elevators and trains, shut down airports, cut air conditioning on a day well above 90F, and caused damages of $97 million to $118 million, according to early estimates from the National University System’s Institute for Policy Research.
-
Wind
AMSC Former Employee Convicted in Sinovel Intellectual Property Case
An intellectual property battle between Massachusetts-based American Superconductor Corp. (AMSC) and China’s giant wind turbine maker Sinovel in late September culminated with an Austrian court conviction of a former AMSC employee, who was arrested in Austria and who pled guilty to corporate espionage charges. The court charged Dejan Karabasevic, a 38-year-old Serbian engineer, with stealing AMSC’s software, modifying it, and secretly selling it to Sinovel.
-
Nuclear
Siemens Joins Trend to Quit Nuclear
The number of companies pulling out of the nuclear business continues to grow. Just weeks after Louisiana-based engineering firm The Shaw Group announced it would sell its 20% stake in the nuclear company Westinghouse back to partner Toshiba, German engineering conglomerate Siemens said that, prompted by the German government’s decision to phase out nuclear power by 2022, it would quit the nuclear business.
-
Nuclear
German Court Questions Legality of Nuclear Tax
A German finance court in September questioned the constitutionality of a controversial tax on fuel used in nuclear power plants, a decision that could influence rulings in various finance courts around the country that are reviewing complaints by nuclear operators regarding the levy.
-
Business
POWER Digest (November 2011)
Wärtsilä to Provide Rwanda with Engines for Lake Methane Power. Wärtsilä on Sept. 30 said it was awarded a contract by KivuWatt, a subsidiary of the New York–based international power company ContourGlobal, to supply a power plant to the Republic of Rwanda. The turnkey project is of particular significance because the power plant will utilize […]
-
Gas
Nordic Nations Provide Clean Energy Leadership
In the past few years, nuclear concerns, rising oil prices, and a growing understanding of our environmental impact has given energy issues a higher profile worldwide. In this report on the Continental Nordic countries, we look at the efforts being made in much of the Nordic region to secure a sustainable energy supply for the future and at the extent to which the innovative solutions of these countries can be exported around the globe.
-
Legal & Regulatory
TREND: Aches and Pains of Aging Nukes
As less is heard about the promise of new nuclear reactors in the U.S., more is being heard about the problems of the geriatric atomic set.
-
Solar
Epic Fail
Over the past 18 months, four solar energy equipment companies have closed their doors. Each one blamed poor market conditions for its economic woes, even though each had fundamental weaknesses that went unaddressed. It now appears that the Department of Energy (DOE) did insufficient due diligence before backstopping one of those four companies, Solyndra, with a $535 million loan guarantee.
-
Coal
THE BIG PICTURE: Lights Out
Heat waves, droughts, and other weather and climate phenomena; economic woes; aging or inadequate infrastructure; fuel shortages. These are some of the most obvious causes that have led to record peaks in power demand or sudden drops in available capacity. The results have been sometimes debilitating load-shedding, brownouts, and blackouts around the globe this summer (and, in some cases, for much longer). Here’s an overview of which countries are affected by which difficulties. For a more detailed look at the extent of shortages and what’s causing them, visit Web Exclusives at https://www.powermag.com
-
Coal
POWER Digest (September 2011)
Australia Pursues Carbon Tax. Australia’s Prime Minister Julia Gillard on July 10 laid out an ambitious plan to cut national greenhouse gas emissions by 5% of 2000 levels by 2020 by imposing a A$23 (US$23.4) per metric ton carbon tax, starting next year. If parliament approves the plan before year-end, the carbon tax will increase […]
-
Gas
Global Gas Glut
Marcellus Shale gas has increased recoverable natural gas reserves in the U.S. by about a third over estimates prepared a few years ago. Europe is also exploring shale gas as an alternative to problematic Russian gas supplies and low proven natural gas reserves. POWER contributors in the U.S. and UK examine the comparative economic value, public acceptance, and political implications of these massive shale gas reserves.
-
O&M
The New Water Lab
Recent advances in water laboratory instrumentation—from improved sample conditioning to advanced online instruments—have reached the market. Here’s a look at the equipment you’ll find in the best-equipped power plant laboratory this year.
-
O&M
BIG PICTURE: Lights Out (Web Supplement)
A web supplement to the September issue with details of global power shortages.
-
Finance
TREND: Geothermal Heats up after Fukushima
While the vast power of one form of energy below Earth’s crust (tectonic plate shifts) doomed the Fukushima nuclear power plant in Japan last March, using another form—heat and steam—is getting renewed attention in the wake of the Japanese meltdown.
-
Legal & Regulatory
Utility Managers Ponder Rules, Money, People
What’s on the agenda for the utility industry today and into the future? Platts and Capgemini asked the industry leadership in their latest survey. The answers revolve around regulation, finance, and human resources.
-
Legal & Regulatory
WTO China Ruling Could Impact Rare Earths
Uncertainty about China’s role in world trade and its current monopoly over critical rare earth minerals continues to roil supply chains in energy technology markets. Will the World Trade Organization bring China into the fold, or will China ignore the international forum that it lobbied hard to join several years ago?
-
HR
How to Screw Up an Employee Complaint Investigation
The process of handling employee complaints of workplace discrimination or harassment is filled with potentially disastrous pitfalls. Here are some things to avoid.