Business

  • POWER Digest [September 2022]

    New Transformer Improves Power System Reliability for Zimbabweans. An Emergency Power Infrastructure Rehabilitation Project funded by ZimFund reached the last leg of implementation on July 10 with the delivery

  • IAEA Embarks on Unprecedented Mission to Inspect Nuclear Power Plant in Ukrainian ‘War Zone’

    An expert team from the International Atomic Energy Agency (IAEA) has arrived in Kyiv and is readying to inspect Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) for damage from weeks of shelling. The development marks a significant breakthrough for the agency, which has for the past month pleaded with Russia and Ukraine to allow it to […]

  • The POWER Interview: Modeling Solutions for the Future of Energy

    Utilities function in the present but must always plan for the future. That’s even more true today, as the rapid pace of change with power generation technologies, and the transition to cleaner forms of energy, means utilities—whether they deal with electricity, natural gas, water, transportation, or are a municipality that pays attention to all those […]

  • Inflation Reduction Act Programs Could Establish the U.S. as a Market Leader in Hydrogen 

    For the growing U.S. hydrogen industry, the Inflation Reduction Act (IRA) is transformative. Today, nearly all hydrogen is produced from fossil fuels to be used as a chemical feedstock and for refining—emitting carbon dioxide in the process. Recently, thanks to state incentive programs, federal funds, and voluntary corporate commitments, clean hydrogen has been gaining ground […]

  • EU affirms confidence in GE’s g³ technology by co-funding development of its 245 kV SF₆-free g³ gas-insulated substation

    EU’s LIFE program recognizes potential of GE Renewable Energy’s g3 insulating and switching gas as an alternative to sulfur hexafluoride (SF6) to help significantly cut global greenhouse gas emissions This is the third GE g3 gas product development to be co-funded by the EU Commission within four years New 245 kV g3 gas-insulated substation (GIS) for both onshore […]

  • Siemens Energy technology stabilizes German power grid

    The German-Dutch grid operator TenneT has commissioned Siemens Energy to supply three grid stabilization systems for the German power grid. Such solutions are necessary because conventional power plants not only generate electricity but also automatically stabilize the grid (via their physical behavior). As more and more conventional power plants are taken off the grid and […]

  • Renewal of Wärtsilä Operation and Maintenance contract vital to security of Timor-Leste’s power supply

    The technology group Wärtsilä has been awarded a three-year renewal to its Operation and Maintenance (O&M) agreement covering two power plants in the Democratic Republic of Timor-Leste. The importance of ensuring operational reliability and efficient maintenance is emphasised by the fact that these two baseload plants supply electricity for the entire country. The contract was signed with the […]

  • CAISO’s First Geothermal Plant in 30 Years Comes Online

    The first geothermal power plant built in more than three decades within the California Independent System Operator (CAISO) balancing authority has come online. Mammoth Pacific Geothermal, an Ormat Co. subsidiary, declared the 30-MW Casa Diablo IV (CD4) commercially operational on July 20. CD4 is located on public land two miles east of the Town of […]

  • Pilot Advanced Nuclear Fuel Manufacturing Facility Opens

    Ultra Safe Nuclear Corp. has opened a pilot fuel manufacturing facility that will produce TRi-structural ISOtropic (TRISO) coated fuel particles and the company’s proprietary fuel for use in its high-temperature gas reactor (HTGR). The Pilot Fuel Manufacturing (PFM) facility, located at the East Tennessee Technology Park (ETTP) in Oak Ridge, Tennessee, is one of the […]

  • GE Plans to Invest up to $5 million to Support its Leading Aeroderivative Gas Turbines Business and Announces New Orders around the World

    GE will invest up to US$ 5 million over the next 2 years in its existing Global Technology Center in Greenville, South Carolina, to create a second manufacturing hub for its aeroderivative TM 2500* and LM2500XPRESS* gas turbines New center is expected to add up to 25 highly skilled jobs and provide faster support in […]

  • NuScale Power and Fermi Energia Sign MOU to Explore Advanced Nuclear Application in Estonia

    Agreement to explore how NuScale’s innovative technology can benefit Estonia’s carbon-free energy goals PORTLAND, Ore. – NuScale Power (NuScale) announced today that it has signed a memorandum of understanding (MOU) with Fermi Energia, an Estonian energy company that is looking to adopt clean energy power sources to meet the country’s ambitious climate goals. Under the […]

  • CMT cladding tower for giant membrane walls

    The Polish company FAKOP – world-renowned for high-quality steam boilers for more than a hundred years – uses a towering CMT cladding system from Austrian welding technology specialist Fronius for the cladding of twelve-meter-high membrane walls. The plant has two welding elevators and can accommodate two huge membrane walls, each 1.6 meters wide. Welding is […]

  • Versatile Flow Switch Protects Cooling Tower Pumps From Dry-Running Conditions, Emergency Shutdowns

    Chemical Plants, Electric Power Generation, Oil/Gas Refineries and More San Marcos, CA–August 24, 2022–In high-temperature industrial environments, engineers responsible for optimizing the up-time and the safety of process flow networks will find the FLT93 Series Flow Switch from  Fluid Components International (FCI) provides a reliable early warning alert to cooling tower pump dry-running conditions, which […]

  • Users Praise Certrec’s RegSource® in 2022 Customer Survey

    With its user-base approaching 10,000, Certrec’s RegSource® survey highlights what customers like the most when using this service. FORT WORTH, Texas, August 23, 2022– Certrec, a leading provider for NERC regulatory compliance and advanced SaaS applications, is pleased to announce the 2022 customer survey results for its daily energy news notification service, RegSource®. Results show […]

  • Unlocking EVs: Solving the Congestion Charging Problem

    The Inflation Reduction Act, which U.S. Senators Joe Manchin (D-W.Va.) and Chuck Schumer (D-N.Y.) negotiated in July, was signed into law by President Biden on Aug. 16. As a result, electric vehicle (EV) buyers (for both new and used vehicles) will get generous subsidies from the federal government—totaling as much as $7,500 per EV. Nearly […]

  • Worley awarded contract by Vertex Hydrogen for UK low-carbon hydrogen plant

    Worley has been awarded a project management services contract by Vertex Hydrogen for its low-carbon hydrogen production plant at Stanlow Manufacturing Complex in Ellesmere Port. The 350MW plant is the first in the UK to have completed front-end engineering and is expected to be one of the first large-scale and low-carbon hydrogen plants in the […]

  • Siemens Energy and Duke Energy’s gas power plant achieves GUINNESS WORLD RECORDS™ title

    Siemens Energy and Duke Energy have achieved the GUINNESS WORLD RECORDS title for the “most powerful simple cycle gas power plant” Siemens Energy’s SGT6-9000HL turbine at Duke Energy’s Lincoln Combustion Turbine Station in North Carolina achieved an output of 410.9 megawatts Highly efficient and flexible gas turbine technology supports the expanding use of renewables Duke […]

  • Zero Trust: Protecting Critical Infrastructure and Responding to CISA’s ‘Shields Up’

    There are no boundaries in cyberspace. That fact has accelerated sharing of threat intelligence across the defenders, but it exponentially raises the threat of cyberattacks. This reality is underscored by the war in Ukraine, “the first major conflict involving large-scale cyber operations,” according to the U.S. Cybersecurity and Infrastructure Agency (CISA). A major concern is […]

  • Common Mobility Tax Mistakes in the Energy Sector and How to Avoid Them

    As international travel picks up, energy corporations are turning to mobile employees to fulfill their international staffing needs. However, as mobile work gains steam, tax and compliance risks continue to grow as well—unbeknownst to most corporate leaders. Many businesses, unfortunately, are failing to set up an adequate plan to protect against tax violations in the […]

  • Forging a Net Zero Future: Embracing Digital Technologies to Disrupt and Drive the Energy Transition in the Middle East

    When reflecting on recent years, the exacerbating climate crisis has resulted in a paradigm shift where attitudes and actions are concerned. Rather than being a subject of ongoing debate and divided opinions, global warming has instigated radical reform throughout Middle Eastern society, inspiring nations to introduce abatement imperatives, enact meaningful change, and embark on a […]

  • Germany Mulls Postponing Nuclear Exit

    Germany’s government is weighing how the closure of the country’s last three nuclear power plants in December 2022 will affect its grid this upcoming winter as the country scrambles to secure sufficient energy supplies amid a decline in Russian gas deliveries. A formal decision on whether or not to keep  Isar 2, Emsland, and Neckarwestheim […]

  • Another Power Giant’s CEO Is Retiring: Entergy’s Leo Denault

    Entergy Corp.’s chairman and CEO Leo P. Denault will retire in 2023, ending a decade-long role as the head of the New Orleans–headquartered power generating giant. Denault will be succeeded by Andrew “Drew” Marsh, Entergy’s current executive vice president and chief financial officer. Denault, 62, was appointed Entergy’s chairman and CEO in 2013, taking over […]

  • AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head

    American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]

  • U.S. Utility Survey Suggests Industry Mulling Additions of 90 GW of New Nuclear

    A Nuclear Energy Institute (NEI) survey suggests U.S. utility members expect to add up to 90 GW of new nuclear generation by the 2050s, including more than 300 new small modular reactors (SMRs) in the U.S. over the next 25 years. The nuclear industry group’s survey, unveiled on July 29, sought to gather input from […]

  • A New Approach for Gas-Insulated Substations

    For decades, gas-insulated substations (GIS) have been used primarily in densely populated metropolitan areas. They take up only 10% of the footprint of outdoor or air-insulated substations and provide reliable medium- and low-voltage service where space needed to service areas for industrial locations, hospitals, and housing may be limited. However, as rural environments become desirable […]

  • Burns & McDonnell Awarded EPC Contract for 30-MW Battery Energy Storage System for RWE Renewables

    HOUSTON, Texas — Burns & McDonnell has been selected to provide engineer-procure-construct (EPC) services for project Texas Waves II, a 30-MW/30-MWh lithium-ion stand-alone battery energy storage system (BESS) in Scurry County, Texas. This battery system will make a meaningful contribution to grid reliability by providing the system operator a backup for lost generation. Additionally, the system […]

  • Ignitis Gamyba Chooses GE Digital’s OPM Production Planning Software to Accurately Forecast Day-Ahead Electricity Trading

    OPM Production Planning can help to ensure secure, stable power while maximizing margins and managing risk with accurate capacity predictions and decision support Software also helps Ignitis Gamyba to automate data transmission for more optimal planning of natural gas procurement and process organization SAN RAMON, Calif. – AUGUST 9, 2022 —  GE Digital today announced that […]

  • Framatome to deliver neutron instrumentation system solution at South Carolina nuclear plant

    August 9, 2022 – Framatome announced it has been selected by a U.S. utility to provide a wide range neutron flux monitoring system at a South Carolina nuclear plant. The company will provide the system to all three units of the plant along with a spare system. The project will help enable owners of the […]

  • FM Global allocates US$300 million, first-of-its-kind ‘resilience credit’ to help policyholders proactively invest in climate resilience

    JOHNSTON, R.I., USA—Policyholders of FM Global, which include one of every three Fortune 500 companies and similar size organizations worldwide, will collectively receive approximately US$300 million in a first-of-its-kind ‘resilience credit,’ providing them with additional means to invest in climate resilience solutions. The credit has the potential to help those organizations reduce total loss expectancies […]

  • Intelligent metering system in energy meters using the modem RB900SG

    Smart meters are one of the key solutions for the future of energy. By 2027, the global smart metering market will grow by 9%, and its value will reach almost 40 billion USD. Thanks to these new solutions, consumers will be billed for electricity according to actual consumption, and not according to forecasts as before. […]