Business

A Michigan utility will build a $500 million natural gas-fired power plant on the site of an existing coal-fired plant in Lansing, and plans to retire the coal plant and another coal-fired facility in the town in the next few years. Lansing’s Board of Water & Light (BWL) announced the project December 18. The city-owned […]

A leading-edge operations center opens in New York The New York Power Authority (NYPA) has taken a huge step forward in increasing the efficiency of its operations with the opening of its new Integrated Smart Operations Center (iSOC), which harnesses the capabilities of state-of-the-art digitization technologies. The center, located in White Plains, N.Y., was officially […]

It’s become a cliché that government would be better if it were only run by private-sector managers using standard business practices. However, there are significant differences between the private sector and government. This quiz is designed to test your knowledge of those differences. Create your own user feedback survey To learn 18 more differences, read “25 Differences Between […]

The Georgia Public Service Commission on December 11 said it will decide December 21 whether to allow construction of two new nuclear reactors at the Plant Vogtle site to move forward, or call for the project to be canceled. Commissioners voted Monday to move up the timetable for a decision on the troubled nuclear project […]

GE Power said its 9HA.02 gas turbine reached a new milestone by exceeding 64% efficiency in combined cycle power plants. The company attributes at least part of the achievement to advances in additive manufacturing (3-D printing). “The HA is our most advanced gas turbine technology, and we’ve never stopped pushing the boundaries of what it […]

Kevin McIntyre was sworn in as chairman of the Federal Energy Regulatory Commission on December 7, just more than a month after his nomination to the post was approved by the Senate. He takes over from interim chair Neil Chatterjee, who will remain at FERC as a commissioner. The agency that regulates transmission and wholesale […]

General Electric (GE) said December 7 it will cut 12,000 jobs in its power unit as the company continues to struggle with changes in the global power market. The company in a statement said the staff reductions will save $1 billion in 2018. “Traditional power markets including gas and coal have softened,” the company said, […]

In December 2016, Mitsubishi Hitachi Power Systems (MHPS) announced the introduction of its JAC gas turbine—a new air-cooled J-series model. The JAC has flexible ramping capabilities, an impressive 64% efficiency, 99.5% reliability, and a combined cycle output of 575 MW. Furthermore, the design has been thoroughly tested, with more than 14,000 operating hours at T-Point, MHPS’s validation facility. The […]

New Jersey lawmakers are exploring whether to legislatively prop up future operation of two nuclear power plants in the state, holding a hearing on December 4 in which key stakeholders sounded off on how nuclear subsidies could affect the environment, the economy, and the power market. The hearing, jointly held by the state Senate Environment […]

Toshiba Corp. has agreed to accelerate its payments to Georgia Power to help the utility finance completion of the troubled Plant Vogtle nuclear expansion. The deal announced December 5 comes four days after a recommendation from state regulators that the project be abandoned if Georgia Power cannot make it financially viable, and also to lessen […]