Business

Industry Leader Tom Cornell Promoted to Lead the New Power & Energy Solutions Business LAKE MARY, FLORIDA – (March 29, 2018) Mitsubishi Hitachi Power Systems Americas (MHPS) today announced the creation of a Power & Energy Solutions business focused on delivering customer solutions in the areas of digital power, energy storage, and low carbon power […]

Following the lead of Illinois and New York, which have enacted policies supporting nuclear power plants, the Minnesota Legislature is weighing a bill that could help the owner of two nuclear facilities within its borders. Minnesota is home to the single-unit 671-MW Monticello nuclear plant and the dual-unit 1,100-MW Prairie Island plant (Figure 1). Xcel […]

FirstEnergy Corp. will close four uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, the company’s competitive arm notified PJM Interconnection on March 28. FirstEnergy Solutions (FES) told the regional transmission organization that it will close the 908-MW Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, by 2020; the twin-unit […]

On March 27, the U.S. Bankruptcy Court for the Southern District of New York approved Westinghouse Electric Co.’s plan of reorganization. Westinghouse said the approval is “a significant milestone in the company’s strategic restructuring,” which involves its sale to Brookfield Business Partners L.P. Brookfield announced on January 4, 2018, that it had entered into an […]

The NEW E9000 emissions analyzer with Heated Sample Line is a complete portable system for EPA compliance level emissions monitoring and testing. The E9000 is ideal for regulatory & maintenance use in boiler, burner, engine, turbine, furnace, and other combustion applications. Features: Up to (9) Total Gas Sensors Electrochemical Sensors – O2, CO, NO, NO2, […]

To remain competitive in power markets increasingly characterized by disruptions, NRG Energy plans to accelerate its transition from a pure independent power producer (IPP) model to a more simplified customer-driven integrated power model that favors its retail businesses. In a number of presentations showcased on March 27 as part of NRG’s 2018 Analyst Day, company […]

Third Project Constructed for NTE Energy GLASTONBURY, Conn.–(BUSINESS WIRE)–Gemma Power Systems, LLC (GPS) has entered into an Engineering, Procurement and Construction (EPC) services contract with NTE Carolinas II, LLC, an affiliate of NTE Energy, to construct a 475 MW state-of-the-art natural gas-fired power plant in Rockingham County, North Carolina. The NTE Reidsville Energy Center is […]

The California Independent System Operator (CAISO) has approved a request from Pacific Gas and Electric Company (PG&E) to provide a mixture of energy storage, energy efficiency, and system-wide upgrades to ensure reliable electricity in the Oakland, California, area, after the retirement of an aging Dynegy jet fuel-powered plant. PG&E received CAISO approval for its Oakland […]

GenOn Energy, a unit of NRG Energy that filed for bankruptcy in June 2017, said it has agreed to sell two units of the Canal Generating Plant to Stonepeak Kestrel, a subsidiary of Stonepeak Infrastructure Partners, a private equity firm with offices in New York City and Houston, Texas. The Canal plant in Sandwich, Massachusetts, […]

Joe Grimes, executive vice president of generation with the Tennessee Valley Authority (TVA), gave the keynote presentation during the ELECTRIC POWER Conference and Exhibition, which was held March 19–22 in Nashville, Tennessee. His presentation focused on steps TVA is taking to diversify its generation portfolio in order to reduce risks and keep costs as low […]