Business

Global technology and engineering giant Emerson renewed its bid for a $29 billion takeover of Rockwell Automation, the world’s largest dedicated industrial automation firm, saying it remained “convinced” a merger of the companies offered “compelling strategic, operational, and financial merit.” Emerson Chairman and CEO David Farr on November 16 sent Rockwell’s president and CEO, Blake […]

Utilities across the country are gearing up for an attack on the power grid November 15 and 16. Thankfully, it’s only a drill. But in the event of an actual emergency, a real physical and cyberattack on the U.S. electricity infrastructure, GridEx IV—a biennial exercise conducted by the North American Electric Reliability Corp. (NERC)—will help […]

Babcock & Wilcox Enterprises Inc. (B&W), which is already in the midst of a restructuring plan and ongoing cost controls, will slash 30% of its renewable energy workforce and implement cost-saving measures across the company to combat falling revenues. The global energy and environmental technology and services provider said as it announced its 2017 third […]

ExGen Texas Power (EGTP) Holdings LLC and ExGen Texas Power LLC, a subsidiary of Exelon Corp., on November 7 filed for Chapter 11 bankruptcy. The filing in U.S. Bankruptcy Court in Delaware is aimed at reducing the company’s debt, and four of EGTP’s five natural gas-fired power plants in Texas would be owned by lenders […]

The U.S. House of Representatives on November 2 proposed a tax bill that would phase out the wind energy production tax credit (PTC), extend a tax credit for the nuclear power industry, add credits for geothermal and fuel cell programs, and end a tax credit for the purchase of electric vehicles. Wind energy proponents decried […]

A bitter dispute concerning subsidies for nuclear generation that has divided the power sector grew more intense over the past week as Connecticut, Ohio, and Pennsylvania advanced efforts to keep nuclear plants operating. At the same time, legal challenges to existing measures in Illinois and New York continued in two federal courts. In Connecticut, Gov. […]

The operating expenses at major U.S. investor-owned electric utilities have shifted over the last decade or so, owing primarily to changing fuel costs.

Ugandan officials said they want to double the country’s installed power generation capacity over the next two years, primarily with the construction of hydropower projects. However, those same officials

Africa’s first major coal-fired power unit to implement flue gas desulfurization (FGD) has been completed nearly a year earlier than expected.  South Africa’s state-owned utility Eskom brought Kusile 1

Giant UK Tidal Lagoon Project Secures Grid Connection Deal. Tidal Lagoon Power’s project to build a full-scale 3.2-GW tidal lagoon power plant in the Severn Estuary in Swansea Bay to harness strong tides on