Archive: Business

The POWER Interview: CleanSpark’s Bryan Huber Talks Microgrids, C&I Installations

Commercial and industrial (C&I) sites increasingly are looking for ways to increase the reliability and resiliency of their power supply, along with controlling their energy costs. These C&I projects include distribution centers, data centers, office parks, hospitals, college campuses, and also military bases. CleanSpark, a San Diego, California–based technology company which specializes in the optimized […]

GE Is Banking on Africa’s Burgeoning Power Market

Sub-Saharan Africa’s power generation capacity is projected to surge 4% annually through 2040, and its current energy mix—which is today dominated by hydro and coal—will likely be more diversified as interest rises in renewables such as solar and wind, General Electric (GE) said in a white paper surveying market opportunities in the region that it […]

Sulzer expands facility capability with new lathe

Industrial gas turbines are increasing in size. As a result of this, repair facilities that overhaul and repair these machines must keep pace. One of the key tools is a large lathe. As one of the leading industrial gas turbine and rotor repair providers in the world, Sulzer has recently upgraded its service center in

Dispute Flares About Equipment at Abandoned V.C. Summer Nuclear Project

The fight about who owns equipment at the now-abandoned V.C. Summer 2 and 3 AP1000 reactors in South Carolina intensified on May 14, as key stakeholder Santee Cooper sued lead contractor Westinghouse for certification documentation related to that equipment.  The lawsuit filed with the U.S. District Court for the District of South Carolina, Charleston Division, […]

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Industrial Gas Turbine Demand Grows [PODCAST]

When it comes to gas turbines, size matters. Although the market for large, heavy-duty gas turbines has been challenging in recent years, demand for industrial gas turbines—generally units with output ranging from about 5 MW to 100 MW—has been growing, according to Reed Lengel, product line manager for SCC-800 solutions with Siemens Energy. “When you […]

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GE Tops MHPS, Siemens in 1Q Turbine Orders

General Electric, Siemens, and Mitsubishi Hitachi Power Systems confirmed their gas turbine sales for the year’s first quarter, with GE taking the top spot with six orders for its advanced HA-class unit. The three companies on May 14 confirmed the numbers to Reuters. GE, which had no sales in the same period a year ago, […]

Insights Into Siemens’ Stunning Gas and Power, Renewables Shakeup

In the days following its May 7 announcement that it will spin off its Gas and Power business, Siemens has fleshed out how and when the carveout will occur, laid out its reasons for lumping its energy businesses together, and put forth a market case for why a business separation may be a “win-win” situation […]

EIA: Gas, Renewables Outpacing Coal for Power Generation

The percentage of coal-fired generation in the U.S. electricity mix will continue to decline, the Energy Information Administration (EIA) said May 9, with gas-fired generation accounting for at least 40% of the nation’s power this summer and output from renewables continuing to rise. EIA’s latest Short-Term Energy Outlook (STEO) said coal-fired units will produce only […]

ERCOT Warns of Summer Emergency Conditions as Demand Continues to Soar

The Electric Reliability Council of Texas (ERCOT) has issued a fresh warning that continued “above-normal” growth in electric demand could require it to enter Energy Emergency Alert (EEA) status to maintain system reliability this summer.  As it released its final Seasonal Assessment of Resource Adequacy (SARA) for the upcoming summer season (June to September), a preliminary […]

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Control Your Own Destiny with Combined Heat and Power Systems [PODCAST]

Combined heat and power (CHP), also known as cogeneration, is the concurrent production of electricity or mechanical power and useful thermal energy (heating and/or cooling) from a single source of energy. Although it may not be widely recognized outside of industrial, commercial, institutional, and utility circles, CHP has been providing highly efficient electricity and process […]

Last Reactor at Three Mile Island Will Shut by End of September

The remaining nuclear reactor at the Three Mile Island Generating Station (TMI) in Pennsylvania will shut down by the end of September. Exelon made that official May 8, setting the closing date for Unit 1 at the financially struggling plant that it first announced it would shutter two years ago. Exelon in 2017 said the […]