Business

  • Ensuring Power Grid Health Through Better Asset Management

    The power sector has been evolving for years and technology has been instrumental in the change. Today, asset performance management and predictive maintenance tools can help power companies avoid outages

  • Development of a Digital Twin for the Atikokan Station

    A digital twin designed for the Atikokan biomass power plant uses science-based Bayesian machine learning methods combined with surrogate models developed from a suite of validated, multi-physics simulations

  • Standardized Documents and Solid Partners Make Financing Less Stressful for Project Developers

    Many small- and medium-sized power projects are simply not large enough to gain the interest of highly sought-after institutional investors. The complexity and related costs of smaller projects means risks and

  • Hydropower: A Cost-Effective Source of Energy for Hydrogen Production

    With more countries announcing net-zero plans for 2050 or sooner, hydrogen’s time has come to play a major and integrated role in our energy infrastructure. The energy industry has shown an increased interest in understanding the opportunities, challenges, and economic realities in integrating hydrogen into their energy portfolios. The March 2020 BloombergNEF Hydrogen outlook estimates […]

  • Mitsubishi Power Begins Operation of 500 MW Natural Gas-fired GTCC Power Generation System in Indonesia

    TOKYO, Oct 29, 2021 – (JCN Newswire) – Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has completed the installation and commissioning of a 500-megawatt (MW) natural gas-fired gas turbine combined cycle (GTCC) power generation system for the Muara Karang Power Plant, which has begun commercial operation. This new facility was […]

  • Fluor to Collaborate with Bulgarian Energy Holding for Potential New Nuclear Power Units

    Companies to Focus on Decarbonization to Support Clean Energy Transition IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that it has signed a memorandum of understanding (MOU) with Bulgarian Energy Holding EAD for the consideration of new nuclear units in Bulgaria. Bulgarian Energy Holding is comprised of a group of companies engaged in the electricity generation, […]

  • Siemens Energy Pulls Out of Global Hydropower Joint Venture

    In another effort to streamline its business, Siemens Energy has moved to relinquish a 35% stake in Voith Hydro, a hydropower-focused joint venture it had long held with German technology company Voith Group. Munich-headquartered Siemens Energy and Heidenheim-headquartered Voith Group announced in separate releases on Oct. 22 that they had reached a mutual agreement to […]

  • AEP Will Shed Kentucky Operations in $2.9B Sale 

    American Electric Power (AEP) is shedding its Kentucky-based assets—including its longstanding regulated utility Kentucky Power and transmission business AEP Kentucky Transco—to better position itself to invest in projects that will support a resilient, cleaner energy system. The Columbus, Ohio, headquartered company on Oct. 26 announced it has entered into an agreement for the sale of […]

  • The POWER Interview: Pioneering STEP Supercritical Carbon Dioxide Demonstration Readying for 2022 Commissioning

    Construction of the 10-MWe Supercritical Transformational Electric Power (STEP) pilot plant, a public-private collaboration to demonstrate and test supercritical carbon dioxide (sCO2) power generating technology, is making marked progress toward a mid-2022 startup date.  Attendees from Experience POWER, HydrogeNext, and the Distributed Energy Conference, three of POWER’s annual in-person events, which took place last week in […]

  • Voith Group strengthens hydropower core business and acquires Siemens Energy’s complete stake in Voith Hydro

    Voith acquires remaining 35 percent stake in Voith Hydro from joint venture partner Siemens Energy With the acquisition, Voith is continuing its expansion of the core business in the field of sustainable technologies Great potential for sustainable profitable growth through rising importance of hydropower for achieving global climate targets HEIDENHEIM, GERMANY: In the future, Voith […]

  • Charah Solutions Awarded Multiple Contracts by Long-Term Southeastern Utility Partner for Construction and Ash Pond Closure Projects

    Scope of Projects Includes Site Clearing, Road Construction, Ash Stabilization, Ash Excavation and Ash Relocation LOUISVILLE, KY (October 21, 2021) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of mission-critical environmental services and byproduct sales to the power generation industry, today announced that it has been awarded two ash pond closure contracts […]

  • Texas-Based Utility Teams Up with Mitsubishi Power to Explore Carbon Reduction Opportunities

    El Paso Electric (EPE) and Mitsubishi Power have signed a joint development agreement (JDA) “creating a collaboration framework to jointly develop projects that will enable EPE to achieve its clean energy goals.” EPE is a regional electric utility providing generation, transmission, and distribution service to approximately 444,300 retail and wholesale customers in a 10,000-square-mile area […]

  • Biomass Pellets Offer a Carbon-Neutral Alternative to Coal

    An innovative European Union–funded Arbaflame project is aiming to produce 70,000 tonnes of biomass-based combustibles per year to enable clean power generation. The biomass pellets are made of wood and can be used as a 100% sustainable alternative to coal in power plants to produce carbon-neutral power. Sulzer Chemtech’s separation equipment will play a key […]

  • Voith Hydro upgrades three power units from Belgium’s largest pumped storage plant Coo-Trois-Ponts owned by ENGIE Electrabel

    Modernization of turbines and generators from construction phase Coo I set to deliver increased capacity and performance. Power plant essential to maintaining grid stability in Belgium. Works to span a period of four years. Coo, Belgium. Voith Hydro has won the order to upgrade the power units from the Coo I section at Belgium’s largest […]

  • DTE Energy Will Close Belle River Coal Power Plant Two Years Early

    Detroit-based DTE Energy said it will cease all coal use at its Belle River Power Plant no later than December 2028, at least two years earlier than the facility’s previously scheduled 2030 end date. The Belle River Power Plant comprises two electric generating units, each with a maximum gross design generating output of 697 MW. […]

  • Newly Minted Hitachi Energy Pushing ‘Urgency’ of Clean Power

    A technology leader in the power generation sector officially has a new name today, as the former Hitachi ABB Power Grids is now Hitachi Energy. The rebranding, announced during the summer and taking effect Oct. 13, is the latest move by a joint venture formed in the summer of 2020 when Hitachi and ABB closed […]

  • Emerson Merging Software Business with AspenTech in $11 Billion Deal

    Emerson Electric Co. said it will merge its software business with rival Aspen Technology (AspenTech) in an $11 billion deal that will bring together both companies’ expertise in industrial software applications. It’s the latest move by Emerson to support the rapid growth of digitization in the power generation industry. “We saw an attractive opportunity to […]

  • B&W Environmental Awarded $10 Million Contract to Install Technologies to Help Customer Meet Environmental Compliance Requirements

    AKRON, Ohio–(BUSINESS WIRE)–Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment has been awarded a contract for approximately $10 million to install ash-handling equipment that will support its customer’s environmental compliance requirements. The installation work will be performed by Babcock & Wilcox Construction Co., LLC. The installation includes Allen-Sherman-Hoff® Submerged Grind Conveyors […]

  • Pioneering 10-MW Baseload Hydrogen Power Plant Breaks Ground in French Guiana

    Hydrogene de France (HDF) Energy, an independent power producer and fuel cell manufacturer, has kicked off construction of one of the world’s first multi-megawatt baseload hydrogen power plants. The company says the project in French Guiana, which is being “duplicated” in about 20 countries, will provide 128 MWh of green hydrogen storage. HDF Energy’s $200 […]

  • Three Things Utility Companies Need to Do to Prevent the Next Cyberattack

    For the better part of the past decade, utility companies have been more concerned with the potential for outages than cyberattacks, but this has changed over the past several months. The Colonial Pipeline ransomware attack and the remote cyberattack on a Florida water treatment plant put cybersecurity top-of-mind and made it clear hackers can do […]

  • LineVision Partners with Marubeni Corporation to Integrate Power Line Monitoring Solutions onto Japanese Electric Grid

    LineVision’s non-contact sensors will monitor power lines from the Mibugawa Hydro plant in Ina City, Nagano Boston, MA (October 6, 2021) – Marubeni Corporation (Marubeni) and LineVision, Inc. (LineVision) announced today that the two companies have entered into a strategic partnership agreement which establishes Marubeni as LineVision’s exclusive technology provider in Japan. The two companies […]

  • Shell Energy business-to-business brand expands across the U.S.

    Houston, TX (October 6, 2021) –MP2 Energy, LLC1, along with other affiliate entities2, will now go to market for commercial customers in the U.S. as Shell Energy, in a move demonstrating strong customer focus and signaling the strength of one energy brand dedicated to serving customers’ complete energy transition needs. The Shell Energy brand will […]

  • Redeux Energy Announces Financial Backing and Plans to Develop Gigawatts of Utility-Scale Clean Energy Projects

    DENVER, Colorado (Oct. 6, 2021) — Redeux Energy Partners, a developer of utility-scale, clean energy projects, today unveiled additional details about its capital backing, operations and plans to develop gigawatts of renewable energy and storage assets. The funding was closed in late 2020, led by a combination of Cathexis Holdings and Thoroughbred Holdings. The company’s […]

  • Distributed Intelligence: Empower Consumer Control and Uncover New Possibilities

    Consumers today want their utilities to provide an experience like any other service provider, offering the same control and transparency. User-friendly smart meter technology has allowed consumers to play a bigger role in managing their energy usage and cost. But to give customers true command of their energy consumption, the industry needs distributed intelligence technology. […]

  • The New Wave of the Decentralized Energy Market

    Ten years ago, the energy market was based around the conventional, centralized generation of oil and coal plants. It was predictable and formulaic. These staples of yesterday’s energy market are no longer the future of energy generation. Instead, we see a global push toward clean energy with wind and solar power, and companies are accelerating […]

  • Energy Transition Outlook

    As the energy sector transforms and innovates into a decarbonized, digitalized industry, it is crucial that talent pools are available with the right balance of skills and experience to deliver the projects and operations needed for a brighter tomorrow. NES Fircroft, a staffing company dedicated to providing the skilled engineers and technical workforce needed to […]

  • Gas Turbine Technology Advances That Could Boost Their Future Relevance

    Gas turbines have grown into a hallmark of the modern power system for their high efficiency, reliability, operational flexibility, fuel flexibility, and low-emission power options. But if gas turbines are to

  • POWER Digest—October 2021

    Vattenfall Inaugurates Scandinavia’s Largest Offshore Wind Farm. Vattenfall on Sept. 6 said it inaugurated the 604-MW Kriegers Flak facility, a new offshore wind farm that is located in the Baltic Sea, 15 to

  • China Grappling with Another Crippling Power Crunch 

    China’s tightening coal supplies, more stringent energy intensity and environmental restrictions, and soaring industrial power demand have triggered another widespread power crisis. Blackouts and brownouts have reportedly afflicted numerous provincial jurisdictions across the economic powerhouse this week, most prominently in Guangdong in the south, and Heilongjiang, Jilin, and Liaoning in the northeast, according to state-run […]

  • Terrestrial Energy Launches 390-MW Molten Salt Nuclear Reactor Design

    Terrestrial Energy has unveiled an upgraded 390-MWe design of its Integral Molten Salt Reactor (IMSR) power plant to meet utility requirements and boost its cost-competitiveness as part of an effort to ramp up its candidacy for deployment at Ontario Power Generation’s (OPG’s) Darlington Nuclear Generating Station. This week, the Canadian firm also announced a series […]