Business

The Watts Bar 2 nuclear unit has a lengthy and well-chronicled history. Construction began on the unit in 1973. It was suspended in 1985 due to slower electricity demand growth, rising construction costs due to inflation and new regulatory requirements stemming from the accident at Three Mile Island in 1979, and regulatory concerns throughout the […]

The 20th annual ELECTRIC POWER Conference and Exhibition wrapped up on March 22. The event included nearly 200 exhibitors, with many offering interesting demonstrations of innovative new products. A sampling of some are presented below. Deep Trekker Inc. supplies high-quality, commercial-grade, remotely operated vehicles—underwater drones—specifically designed and developed to make underwater observation easy and affordable. […]

Munich, 19 March, 2018 – MTU Aero Engines AG launches a new brand to improve transparency in services for gas turbine customers. The new brand is called MTU Power and consolidates the existing gas turbine engineering, manufacturing and aftermarket expertise and services from the business units Aero Solutions, Brush Seals and MTU Maintenance at MTU. […]

Burdened by a trade case, unpredictable policy-making, interconnection delays, and other market factors, the U.S. installed 30% less solar photovoltaic (PV) capacity in 2017 compared to a record-breaking 2016. However, the 10.6 GW of new PV capacity added last year represents 30% of all new generating capacity added to the U.S. grid, more than any […]

Slack power demand in 2017 has prompted Indonesia’s state-owned utility PT PLN to cancel 22 GW it planned to procure from independent power producers (IPPs) through 2026, the bulk of which are combined cycle gas turbine and renewable projects. Energy and Mineral Resources Minister Ignasius Jonan on March 13 told reporters he endorsed changes to […]

In a move that demonstrates how difficult current market conditions are, even for some natural gas-fired facilities, GenOn Energy—a subsidiary of NRG Energy—said it will shutter three California gas-fired power plants for economic reasons. The company notified the California Public Utilities Commission and California Independent System Operator (CAISO) in letters dated February 28 that it […]

Ansaldo Energia has been awarded a contract by Shanghai Electric Group, worth approximately €40 million, to supply Gas Turbines and Generators for Pancevo Combined Cycle Power Plant in Serbia.  The 200 MW Pancevo combined cycle power plant is owned by TE-TO Pancevo, and Shanghai Electric Group will be responsible for Engineering, Procurement and Construction (EPC) […]

March 15, 2018 — The technology group Wärtsilä this week is celebrating 20 years of supporting the development of Bangladesh by providing important added capacity to the country’s electricity grid. The latest contract signed this week is an equipment delivery for a 105-MW power plant being built by Baraka Shikalbaha Power Ltd, a private sector […]

Marking a fresh development for the nation’s futile efforts to resolve a long-standing impasse on nuclear waste, the Nuclear Regulatory Commission (NRC) said it could issue a license for Holtec International’s proposed consolidated interim storage (CIS) facility for used nuclear fuel in New Mexico by July 2020 or earlier. Holtec, a Camden, New Jersey–based supplier […]

Glenn Reitman, Mark Radcliffe, Deanna Reitman DLA Piper Introduction Blockchain technology (sometimes referred to as distributed ledger technology) is the technology behind cryptocurrencies, such as Bitcoin and Ether (the cryptocurrency of the Ethereum blockchain), and it is fast becoming a platform for innovation in peer-to-peer transactions.  In this article, we attempt to consider blockchain technology in […]