Business

Hit hard by response to the COVID-19 pandemic, global gas demand in 2020 is set to to tumble by twice the amount lost after the 2008 global financial crisis—its largest annual decline in history—the International Energy Agency (IEA) says in its latest annual market report Gas 2020.  As of June 2020, the fall has been […]

It’s hurricane season in the U.S., which runs from June 1 through the end of November, and there have already been three named storms. The most recent was Tropical Storm Christobal, which was the earliest third-named Atlantic storm on record when it formed on June 2. It made landfall in the U.S. along the northern […]

NORTHBROOK, Ill., June 10, 2020 /PRNewswire/ — PPL Group, a premier buyer and seller of industrial machinery and equipment, is selling surplus assets from the Savannah River Site that are currently located at a property storage location in Barnwell, South Carolina. In partnership with AW Properties Global and Liquidity Services, Inc., PPL will sell approximately 450,000 […]

PowerCell Sweden AB has signed a memorandum of understanding with ABB Power Grids regarding a collaboration around fuel cell-based zero emissions stationary power solutions. The aim of the cooperation is to leverage the companies’ existing technologies to jointly develop a complete solution for the market. A final agreement is expected to be reached within approximately […]

A consortium of European companies, research institutes, and universities have launched the world’s first demonstration of a fully integrated power-to-hydrogen-to-power project, at industrial scale and in a real-world power plant application. The four-year project to demonstrate HYFLEXPOWER, which has achieved a technology readiness level of 7, will convert a 12-MWe combined heat and power (CHP) […]

Despite COVID-19’s impact on power demand, disrupted pre-season generation preparation, and an expected highly active hurricane and wildfire season, industry appears well-positioned to meet peak demand this summer under anticipated weather in nearly all parts of the North American bulk power system (BPS).  Other than in the Electric Reliability Council of Texas (ERCOT), anticipated reserve […]

Check valves are installed in many piping systems. Their purpose is to allow flow in only one direction, which can be critical for plant safety and to protect equipment from damage. There are a few different check valve designs, including swing check valves and spring-loaded poppet-style check valves. Understanding which type is best for a […]

The present and future of power generation is and will be driven by new technologies, those designed to increase the efficient use of electricity while limiting emissions and supporting resiliency. It’s a challenging time for those in energy. Developing solutions to solve issues in the power sector involves navigating an uncertain and ever-changing regulatory landscape, […]

June 2, 2020 — Siemens Gas and Power was recently awarded a contract to supply three SGT-300 industrial gas turbine generators (GTG), three mechanical-drive SGT-300 gas turbines and three DATUM centrifugal compressors for the PETRONAS Kasawari Gas Field Development Project in the South China Sea, offshore Sarawak in Malaysia. The customer, Malaysia Marine and Heavy […]

It is human nature to avoid spending money on preparations for an event that may never happen. However, as we all continue to adapt to a COVID-19 world, there is a new awareness of low probability, high impact events. If the consequences of a statistically unlikely event are devastating to the economy, the survival of […]