Business

  • Japanese Firm Unveils Ship Dedicated to Storing and Transmitting Offshore Wind Power

    A Japanese firm has set out to shake up energy storage and transmission with a freshly launched “power transfer vessel” concept that is designed to carry electricity from offshore wind farms to shore. The company’s first electric ship model, which will have an energy storage capacity of 200 MWh, is slated for completion in 2025. […]

  • Regulators Rattle AEP’s Plans to Operate 4.2-GW of Coal Power Through 2040

    The Virginia State Corporation Commission (SCC) on Aug. 23 rattled American Electric Power’s (AEP’s) plans to operate the 2.9-GW John Amos and 1.3-GW Mountaineer coal power plants through 2040 when it partly denied cost recovery for expenses that the West Virginia plants need to comply with the federal Steam Electric Effluent Limitations Guidelines (ELG) rule. The […]

  • Breakthrough: Laser-Powered Fusion Experiment Nears ‘Ignition’

    An experiment at Lawrence Livermore National Laboratory’s (LLNL’s) National Ignition Facility (NIF) appears to have approached fusion ignition as it recreated the extreme temperatures and pressures at the heart of the sun for a tiny fraction of a second. The momentous step has fueled new optimism for fusion energy. The experiment on Aug. 8 “was […]

  • Former Westinghouse Executive Charged with Conspiracy, Fraud in Connection with V.C. Summer Nuclear Project

    Former Westinghouse Electric Co. Senior Vice President Jeffrey A. Benjamin was charged with 16 felony counts, including conspiracy, wire fraud, securities fraud, and causing a publicly traded company to keep a false record, for his part in failing to truthfully report information regarding construction of new nuclear units at the V.C. Summer nuclear plant in […]

  • EIA: Large-Scale U.S. Battery Power Capacity Slated for Fourfold Expansion in Two Years

    Large-scale battery power capacity in the U.S. surged 35% over 2020 to reach 1,650 MW, and according to the Energy Information Administration (EIA), utilities are planning to ramp up that capacity by 10 GW over the next two years. In a newly released report, Battery Storage in the United States: An Update on Market Trends, […]

  • NuScale Power signs Memorandum of Understanding with Xcel Energy to explore potential plant operations

    NuScale Power and Xcel Energy agree to examine future partnerships PORTLAND, Ore. — NuScale Power, LLC (NuScale) is pleased to announce it has signed a memorandum of understanding (MOU) with Xcel Energy Inc. (Xcel Energy), a leading energy utility provider, to explore the feasibility of Xcel Energy serving as a plant operator at NuScale Plants. […]

  • PSEG Agrees to Sell 6.8-GW Fossil Fleet to ArcLight Capital

    Public Service Enterprise Group (PSEG) has agreed to sell its 6.8-GW portfolio of non-nuclear generating assets—a fleet of 13 gas plants—to a fund controlled by ArcLight Capital Partners LLC for about $1.92 billion. The sale, which effectively sets up its exit from the competitive generation business, is expected to be completed late in the fourth […]

  • Gas Exploration and Production Company to Buy Gas-Fired Power Plant in Texas

    BKV Corp., a privately held natural gas exploration and production company headquartered in Denver, Colorado, said it will purchase the Temple 1 power plant in Temple, Texas. The deal, valued at $430 million and subject to customary closing conditions, is expected to close in the fourth quarter of 2021. “We’re excited about this acquisition, and […]

  • Nuclear First: 3D-Printed Safety-Related Components Installed at Browns Ferry

    Marking a notable milestone for nuclear component additive manufacturing, four 3D-printed fuel assembly channel fasteners have been installed and are now operational at Tennessee Valley Authority’s (TVA’s) Browns Ferry Nuclear Plant Unit 2 in Athens, Alabama. Channel fasteners are a type of bracket that attaches to the top of the nuclear fuel assembly to hold […]

  • Hydropower Levels Under Careful Watch as Drought Ravages the West

    Intensifying drought conditions in California and historically low water levels at the Oroville Dam on Aug. 5 forced the state’s Department of Water Resources (CDWR) to shut down the 644-MW Edward Hyatt Power Plant—the fourth largest energy producer of all California’s hydroelectric facilities. Similar conditions across the West are prompting a careful watch over hydropower facilities.

  • Urgency Ramping Up to Commercialize Nuclear Accident Tolerant Fuels by 2025

    Marking another milestone in an industry-led accelerated quest to commercialize accident tolerant fuels (ATF), nuclear fuel test rods containing Westinghouse’s EnCore technologies that completed their inaugural cycle at Exelon’s Byron nuclear plant have shipped to Oak Ridge National Laboratory (ORNL). While initial visual inspections show “no signs of degradation,” the irradiated fuel will now be […]

  • Why UK Businesses Should Invest in New Machinery and Plant Equipment Now

    After more than 12 months of unprecedented working conditions and extremely tough challenges for power companies, the most sensible route for businesses in the coming year seems, on the face of it, to be to consolidate and let things settle whilst the economy stabilises. However, economic predictions for the next year tell us that savvy […]

  • 1.2-GW Dedicated Hydrogen-Fired Power Plant Starts Taking Shape in Texas

    Entergy Texas will seek approval for a 1.2-GW hydrogen and natural gas–fired combined cycle gas turbine (CCGT) power facility in Orange County, Texas. The Beaumont-based Entergy Corp. subsidiary on July 29 announced it intends to file a Certificate for Convenience and Necessity with the Public Utility Commission of Texas “within the coming months” to build […]

  • Taean IGCC: Continued Operation, Continued Achievement

    Korea Western Power’s Taean Integrated Gasification Combined Cycle (IGCC) Power Plant this year marked 4,000 hours of consecutive accident-free operations, setting a new world record for IGCC power plants

  • China Starts Up Turbines at 16-GW Hydro Project After Four-Year Construction Period 

    China in late June began operating two of the world’s first 1-GW hydropower turbines at the Baihetan Hydropower Station in southwest China. When the project’s 16 generating units are completed by July 2022

  • Biden Signs National Security Memo Addressing Industrial Control System Cybersecurity 

    The Biden administration is moving to add more safeguards to the nation’s critical infrastructure by establishing a new voluntary public-private collaboration that will focus wholly on industrial control systems (ICS) cybersecurity. The administration formally launched the “Industrial Control Systems Cybersecurity Initiative” in the “National Security Memorandum on Improving Cybersecurity for Critical Infrastructure Control Systems” signed by […]

  • Five Steps to Streamlined Asset Management and a Sustainable Network

    How do utility asset managers deal with risks and failures of assets in the long-term? How much should they be budgeting for maintenance, asset renewal, and investments? The answers are not always obvious for asset managers that are faced with increasingly severe weather and the need for strengthened electrical grids. Another layer of unpredictability is […]

  • American Clean Power and Energy Storage Associations Pursuing a Merger

    The American Clean Power Association (ACP)—a 2021-launched pan-renewables trade group—may be poised to merge with the U.S. Energy Storage Association (ESA) starting on Jan. 1, 2022. The groups’ intent to pursue a merger, announced on July 22, still requires ESA’s member approval. If successful, it would combine the two trade association’s staff programs and members, […]

  • Years in the Making, GE’s Recent GT26 Gas Turbine Upgrade Exceeds Expectations

    GE recently announced the completion of the first implementation of its GT26 High-Efficiency (HE) upgrade for the GT26 gas turbine fleet. The work was done at Uniper’s Enfield Power Station (Figure 1) in north London. The upgrade was installed to improve the performance and extend the maintenance interval of the combined cycle plant, according to […]

  • German Flood Damage at Power Plant, Energy Facilities Extensive

    Numerous energy facilities were afflicted by the major flooding event that inundated parts of Europe last week, and at least one major power generator has said the damage will likely mount into a “mid-double-digit million euro sum.” The flooding, which was caused by a cold, low-pressure area dubbed “Bernd,” crawled slowly across the continent over two […]

  • Charah Solutions Acquires Avon Lake Generating Station from GenOn for Sustainable Environmental Remediation and Redevelopment of Property

    Environmental Risk Transfer Services Leader to Demolish Existing Power Plant, Remediate Site and Redevelop Property in a Sustainable Manner LOUISVILLE, KY (July 19, 2021) – Charah® Solutions, Inc. (NYSE: CHRA) (“Charah Solutions”), a leading provider of environmental services and byproduct sales to the power generation industry, today announced that it has entered into a binding […]

  • S&C Electric Company Increases Minimum Wage for U.S. Production Team Members; Now 20 Percent Above Chicago Minimum

    Company to offer $18-an-hour minimum starting wage for U.S.-based employees CHICAGO, July 15, 2021 – S&C Electric Company, Chicago’s second-largest manufacturer and a leading technology grid innovator improving power reliability and delivery worldwide, announced this week it is increasing the minimum hourly wage for U.S.-based employees to $18 per hour. In addition to the new […]

  • N. Y. Power Authority Approves 15-Year Construction Services Contract to Modernize the Niagara Power Project

    Work Is Part of $1.1 Billion, 15-Year ‘Next Generation Niagara’ Project to Extend the Operating Life of State’s Largest Hydropower Plant LEWISTON—The New York Power Authority (NYPA) Board of Trustees has approved the award of a competitively-bid contract, valued up to $275 million to Voith Hydro Inc., located in York, Pennsylvania, for mechanical and electrical […]

  • Cormetech Selected for a DOE Award to Demonstrate Technology to Increase the Amount of CO2 Captured in DAC Operations

    CHARLOTTE, N.C.–(BUSINESS WIRE)–Cormetech has been selected for an award from the Department of Energy (DOE) Office of Fossil Energy and Carbon Management and the National Energy Technology Laboratory (NETL) to increase the amount of CO2 captured in Direct Air Capture (DAC) operations. Cormetech plans to further develop its DAC “contactor”. The “contactor” is the engine […]

  • UK’s First Gas-Fired Allam Cycle Power Plant Taking Shape

    The inventor of the Allam-Fetvedt Cycle, a novel power cycle that uses supercritical carbon dioxide (sCO2), is collaborating with a subsidiary of Singapore-based Sembcorp Industries to potentially develop the UK’s first 300-MW natural gas–fired NET Power station at an existing site at Teesside, northeastern England.  Zero Degrees Whitetail Development Ltd. (ZDW), a subsidiary of North Carolina-based […]

  • Enerpac Adds Powerful HMT 13000 to Product Line

    MENOMONEE FALLS, Wis. (July 14, 2021) – The new Enerpac HMT 13000 Interchangeable Torque Wrench is an extension to the previously introduced HMT product line. Like the other models in the HMT series, the HMT 13000 offers the same advantages and low cost of ownership. The series is also cost effective because the cassettes have […]

  • The Doosan Škoda Power steam turbine will be the heart of Australia’s first Energy-from-Waste facility

    Pilsen (07/12/2021) Doosan Škoda Power supplied Acciona with a steam turbine for the Avertas Energy facility in Australia. For the Pilsen-based steam turbine manufacturer, this project is the first contract on the Australian market and at the same time a steppingstone to other planned energy-from-waste projects in Australia, which are integrating the disposal of waste […]

  • Reliability-Wary California Will Procure More Energy Resources to Get It Through Summer

    Stricken by repeated extreme heat events, the prospect of a worsening drought, incremental resource delays, and the “unforeseen” loss of 300 MW in thermal resources, California has set out to secure additional energy resources to ensure reliability this summer. Responding to a June 29 letter from the California Public Utilities Commission (CPUC) and the California […]

  • AES Accelerates 1 GW of Coal Plant Retirements in Chile

    AES Corp. will retire four coal-fired power plants—a total 1,097 MW—in Chile “as soon as” January 2025 if supported by grid requirements under an agreement the Virginia-headquartered company signed with the Chilean government on July 6. The coal closures, which are outlined in what AES described as a “voluntary” retirement plan, represent the “single largest […]