Archive: Business

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 […]

THE BIG PICTURE: Siemens’ Corporate History

Siemens AG, the global technology conglomerate that today has headquarters in both Berlin and Munich, in May 2019 announced it will spin off its energy units to focus on its digital “core.” The news has stunned many in the power sector, where Siemens has clenched a formidable presence since 1866. But restructuring at Siemens is […]

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.

IIoT and the Future of Hydropower

Hydropower has evolved through multiple industrial revolutions. Today, the Industrial Internet of Things (IIoT) and Industry 4.0 offer solutions to take the industry to a whole new level. Rules-based analysis

hiring-interview

How to Hire the Best Talent

It’s no secret that the power industry workforce is aging and managers are struggling to find qualified candidates interested in filling open positions. In my April column, I referenced a

moonshot-apollo-11

Moonshots and Megaprojects

Fifty years ago this July, NASA successfully landed men on the moon and safely returned them to Earth. In this year’s documentary about the mission, Apollo 11 , director Todd Douglas Miller draws on a

ClearSpan-fabric-structure

Innovative Fabric Structures Offer Power Plants Options

The design of a power plant often revolves around efficiency and mapping out operations in a manner that decreases unnecessary expenditures, while increasing productivity. This challenge produces the need for

Blockchain Pilot Shows Promise for Grid Balancing

A blockchain pilot wrapped up by European transmission operator TenneT and storage solutions provider sonnen Group this May showed “tremendous potential” when used to network decentralized home storage

Vietnam Supports Solar and More Coal Generation

The first solar power plant licensed to operate in Vietnam came online in late April, another signal of the country’s increasing reliance on renewable energy. But analysts forecast that coal-fired power