Archive: Business

Australia’s Victoria State Ramps Up Renewables

Victoria state in Australia continues to see dramatic growth in solar and wind power, as well as battery storage systems, as the region rapidly expands its power generation capacity, in large part to serve the

Spain Closing Mines in Transition Away from Coal

Coal from domestic mines provides just more than 2% of Spain’s electricity generation, as the country has increasingly moved away from coal-fired power toward renewable sources. The administration of new

Simplifying Sensor Calibration and Maintenance in Power Plants

Falling profit margins mean there is growing pressure on power plants to do more with less. In many plants there has been a reduction in maintenance staff, and the remaining team is left trying to keep all equipment operational with a lower budget and in fewer hours. Digital sensors are a major contribution to simplifying and easing the maintenance burden.

A Legal Guide to Power Generation Mergers and Acquisitions

A myriad of issues come into play when parties execute power industry mergers and acquisitions. Part 2 of this two-part series looks at the issues involved with acquisition agreements, and some of the more

Novel Floating Power Plants on the Horizon

For decades, floating power plants have been used widely as a source of flexible, decentralized power generation for several reasons. Among them are that they can be built cost-effectively and rapidly; they

Cyber Breaches: Is Fear Misplaced?

The power sector’s terror of a debilitating cybersecurity attack is magnified seemingly every day as new vulnerabilities or destructive threat actors are identified. But according to several industrial

How to Prepare for NERC CIP-013-1

It’s an exciting era in energy generation. The rapid adoption of IT systems and networked technology has enabled new business models and catalyzed production decentralization. However, with innovation comes

In Energy Policy Pivot, France Will Shutter 14 Nuclear Reactors

France will shut down 14 of its 58 nuclear reactors by 2035 as well its remaining four coal power plants by 2022, French President Emmanuel Macron said November 27 in a lengthy speech that sought to clarify the country’s future energy direction. According to the World Nuclear Association, France’s nuclear power share has steadily expanded […]

Power Plant Control Loop Tuning and Optimization [PODCAST]

Optimizing power plant control systems can be challenging, but new tools are available to simplify and improve the process. On this episode of The POWER Podcast, Executive Editor Aaron Larson spoke with Jon Towslee, digital engagement leader for ABB Inc.’s Industrial Automation Power Generation & Water business. Towslee explained how ABB Ability is focused on […]

Data Shows Nuclear Plant Decommissioning Costs Falling

A research group that provides information to institutional investors said cost estimates to decommission U.S. nuclear plants fell in 2017 for the first time in a decade. The Callan Institute, headquartered in San Francisco, California, in its report said decommissioning cost estimates dropped by 2.5% last year, to $88.8 billion. Callan’s data shows costs estimates […]