Archive: Business

New Jersey’s 100% Clean Energy Goal Imperils Gas Generation

Through a series of incentives and mandates, New Jersey is planning to produce 100% of its power from carbon-neutral sources, electrify its vehicle fleet and building sectors, and set mandatory efficiency standards for electric utilities by 2050, an energy blueprint released by the Board of Public Utilities (BPU) suggests.  The June 10-released “Draft 2019 Energy […]

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In a Surprise Announcement, Colstrip Units 1 and 2 to Close by Year-End

Talen Montana—part-owner and operator of the Colstrip Steam Electric Station—announced that Units 1 and 2 at the coal-fired power plant will be retired by year-end, well ahead of a previously announced July 2022 closure date. “The decision to retire Colstrip Units 1 and 2 comes after extensive review and exhaustive efforts over the last few […]

A new method for corrosion prevention

Corrosion monitoring, control and prevention is an ongoing battle in today’s power plants. Two of the strongest indicators of how well that battle is being waged is to monitor the corrosive salts of chloride and sulfate.

GE Launches New Analytics Technologies to Boost Grid Efficiency 

General Electric (GE) has rolled out a new portfolio of predictive analytics that could allow utilities to use data from transmission and distribution networks to achieve better operational efficiency as more distributed assets are introduced to the grid.  The company on June 11 unveiled three new grid analytics—for storm readiness, network connectivity, and effective inertia—that […]

Deloitte Survey: Businesses Back Sustainability, Decarbonization

Utilities need to adapt as businesses continue to focus on sustainability, looking for cleaner energy sources and viewing such measures as an opportunity to create value, according to a Deloitte study released June 11. What’s less-focused is residential consumers willingness to adopt sustainability improvements, with cost and convenience playing a large role in their choices, […]

India’s Coal Future Hinges on Advanced Ultrasupercritical Breakthroughs

India is striving to conserve coal and slash its carbon emissions. The country which depended on coal for 56% of its total capacity of 356 GW as of May 2019, wants to reduce coal’s share to 45% of a planned capacity expansion to 480 GW by the end of 2022. During that period, it will […]

How China Is Improving Coal Technology

In China, though specific achievements are hard to pinpoint owing in part to a dearth of public or internationally available information, coal technology developments appear to be advancing more rapidly than anywhere in the world. China’s efforts to foster technology advancements are in the country’s national interest, said Mi Shuhua, executive vice president of China […]

How the U.S. Is Investing in Advanced Coal Technologies

The U.S. is investing heavily to ensure its future coal-fired power fleet will be cleaner, more efficient, and more flexible, experts said at the 9th International Conference on Clean Coal Technologies in Houston on June 4. The conference—which is taking place this week in the U.S. for the first time—is spearheaded by the IEA Clean […]

The POWER Interview: State of the Wind, Solar, Storage, and Hydro Markets

Increased power generation from renewable resources such as wind and solar also has created a growing market for energy storage. Generators want to harness that power and have it available when it’s needed, whether or not the wind is blowing or the sun is shining. Rob Allerman, senior director of Power Analytics for Drillinginfo, which […]

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Financing Secured for GE’s UAE Combined Cycle Project

The first independent combined cycle power project in the emirate of Sharjah, in the United Arab Emirates (UAE), is taking shape after $1 billion in financing was recently secured from GE Energy Financial Services (EFS) and its partners. The plant, featuring three combined cycle blocks, is expected to have 1.8 GW of generation capacity. The […]

POWER Notebook: GE Plant in France, Targeted for Job Cuts, Will Not Close

The head of GE’s operations in France told a Paris newspaper that a French factory targeted for more than 1,000 job cuts will not close. GE last week said it wanted to make its operations in France more efficient and said changes would come at the Belfort plant in eastern France, which handles technology for […]