Archive: Business

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The POWER Interview: What Drove the Gas Turbine Technology Leap at GE Over the Past 70 Years

On July 29, 1949, at 2:15 p.m., General Electric’s (GE’s) first gas turbine at the Belle Isle Station in Oklahoma City began delivering power to Oklahoma Gas and Electric Co.’s distribution system. The 3.5-MW GE Frame 3 machine reportedly had an efficiency of about 17%. Since the Belle Isle machine (Figure 1) started up seventy […]

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Positive Developments for Small Modular Reactors

NuScale Power, Rolls-Royce, and China National Nuclear Corp. (CNNC)—three companies working on different small modular reactor (SMR) technology—recently announced positive developments for their respective designs. NRC Makes Progress on NuScale Design Review Portland, Oregon-based NuScale said on July 22 that the U.S. Nuclear Regulatory Commission (NRC) completed the second and third phases of its SMR […]

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.

BHP, Mitsubishi Partner on Emissions Reduction Technologies

BHP and Mitsubishi Development Pty (MDP) in late June signed a memorandum of understanding for joint research, development, and deployment of greenhouse gas emissions reduction technologies in several countries, including projects with battery storage, solar, and carbon capture and storage (CCS). The agreement, signed in Tokyo, Japan, on June 20, also calls for research into […]

Investments in Storage Grow as Project Costs Come Down

Venture capital investments in battery storage companies and projects rose significantly year-over-year through the first six months of 2019, according to a report from Mercom Capital Group. That level of activity is consistent with the growth in energy storage noted by speakers on July 24 at the Storage Week Plus conference in San Francisco, California. […]

GE Is Speeding Massive Offshore Wind Turbine to Market

GE Renewable Energy’s mammoth offshore wind 12-MW Haliade-X  turbine is on track for an accelerated commercial launch in 2021, the company said as it unveiled the turbine’s first manufactured components on July 22. Haliade-X features a 220-meter (m) rotor and a 107-m blade designed by GE subsidiary LM Wind Power. The turbine design also includes […]

New York Enacts 100% Clean Energy Law, Secures 1.7 GW of Offshore Wind

New York on July 18 enacted the Climate Leadership and Community Protection Act (CLCPA),  law that requires the state to produce 100% of its power from renewables and nuclear by 2040. The legislation includes agreements to build two offshore wind projects worth a combined 1.7 GW by 2025, the single largest renewable energy procurement in […]

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Reversing Climate Change with Nuclear Power [PODCAST]

According to the Energy Impact Center, a Washington, D.C.-based research institute focused on deep decarbonization, CO2 emissions “must go net-negative by 2040, globally across all energy sectors” to begin countering climate change. The only way it sees to accomplish this is to “produce energy inexpensive enough to make carbon negative fuels that compete with fossil […]

The POWER Interview: CleanCapital Drives Investments in Clean Energy

Investments in clean energy projects have hummed along in the past few years, with the growth of renewables worldwide continuing to increase levels of solar, wind, and other resources in the global energy mix. Thomas Byrne has been in the middle of this energy transformation. Byrne, co-founder and CEO of CleanCapital and a graduate of […]

POWER Notebook: Ohio Gas Plant Project in Jeopardy if Nuclear Bill Passes

New York City-based LS Power on July 15 said it would end a project to expand its natural gas-fired Troy power plant in Ohio if state lawmakers pass legislation to subsidize the state’s two nuclear power plants. LS Power in a news release Monday said, “Handouts to nuclear plants jeopardize the economics of the other […]

The POWER Interview: New Directions for Aeroderivative Gas Turbines at PWPS 

In a recent interview, Raul Pereda, president and CEO of PW Power Systems (PWPS), talked to POWER about the company’s long legacy as a gas turbine manufacturer, advancements in technology it has achieved over the past 60 years, and new applications for its turbines within a transitioning energy system.  No one can read a history […]