Business

Wind and solar power capacity and generation have been growing steadily for years, as efforts to halt climate change and a desire for clean energy have gained public support around the world. As renewable

Roiled over 2020 by the COVID-19 pandemic, two much-watched international power market outlooks surveying short-term and long-term implications caution the road ahead will be ridden by complexity. The

Larger changes in the power industry are shaking up the engineering, procurement, and construction (EPC) business in the U.S. and abroad. Experts explain how the industry is fielding business impacts

One of the National Energy Technology Laboratory’s (NETL’s) key initiatives aims to bridge the gap in research infrastructure and accelerate advanced alloy development and manufacturing. Materials are

The power purchase agreement, commonly called a PPA, is a fundamental element to the development, construction, and financing of power generation projects. Like many things in the power industry, the PPA is

The last few months have seen the power sector plagued with enduring lower power prices, exacerbating the continued negative impact on power generation companies and electric utilities. There are a number of

Feasibility Study Set for Netherlands’ CCS Plan. Neptune Energy in mid-December announced a feasibility study to develop a carbon capture and storage (CCS) plan for the Netherlands. The study will look at

With COVID-19 filling the news throughout 2020, it’s very likely you missed some of the most important developments that occurred in the power sector this year. Here’s a look at some of the highlights and big stories covered by the POWER staff this year. MOX Nuclear Fuel Loaded In January, Russian engineers announced the loading […]

Over the past year, power generators that depend on wholesale electricity markets for the bulk of their revenues endured remarkable pressure stemming from the pandemic, changing company business priorities, and environmentally driven policy shifts. But customer-centric efforts, founded on principles of healthy competition, have helped them persevere, said the Electric Power Supply Association (EPSA).  The […]

2021 Predictions for Energy, Utilities, and Resources Even if the climate crisis is currently having to share headline space with the global pandemic, it has by no means lost its traction. Nor have the perils of climate change lost any of their urgency. Taking a global stance, I would say that the charge to lower […]

Provinces across China are reportedly grappling with crippling power shortages prompted by a surge in power demand from a stunning ramp up in industrial activity, an especially harsh winter, and tight coal supplies, which may be exacerbated by a ban on Australian coal.  Power shortages have been reported in Zhejiang province, an economic powerhouse in […]

Holtec to Complete Decommissioning Decades Sooner than Entergy COVERT, Mich. – Entergy Corporation and Holtec International, through their affiliates, jointly submitted a License Transfer Application today with the U.S. Nuclear Regulatory Commission requesting approval to transfer the NRC licenses for the Palisades Nuclear Plant to Holtec following its shutdown and permanent defueling in the spring […]

The shift from energy consumers to prosumers is fundamentally changing the relationship between utilities and their customers. Behind-the-meter distributed energy resources (DERs) transform the ways households consume, generate, and store power. In the U.S., there are now about 15 million smart thermostats, 2 million solar installations, and 1.5 million electric vehicles (EVs) on the road. And […]

São Vitor Wind Farm is expected to be commissioned by the end of 2022 and will consist of 75 SG 5.8-170 turbines, boasting one of the largest rotors on the onshore market Deal is largest ever for the Siemens Gamesa 5.X platform and for the company in Brazil, and includes a service and maintenance agreement […]

Combined Cycle Units Will Be the Most Efficient Natural Gas Power Generators in Canada Units Are Configured for Future Net Carbon Neutral Emissions Using Hydrogen LAKE MARY, Fla. (December 23, 2020) – Accelerating plans toward a low-carbon future, Capital Power (TSX: CPX) has ordered two Mitsubishi Power M501JAC gas turbines to repower its Genesee Units […]

In light of the ongoing COVID-19 crisis, the energy industry saw surplus supply and a change in usage patterns in 2020, to which it had to adapt painfully. Utility crews had to deal with a tedious hurricane season, with socially distant, limited staff. Artificial intelligence (AI) could have played a role in prioritizing essential tasks […]

We’re at the electric tipping point as electric stoves, vehicles, and construction equipment displace the fossil fuel guzzlers of the past. Yet, before a carbon-neutral future can truly take off, utilities and the electric grid need to innovate. For the world to hit net-zero emissions targets by 2050, grid investments need to almost triple to […]

Genoa, 21st December 2020 – Ansaldo Energia has been awarded a contract for the supply of an 80 MW AE64.3 gas turbine and the related maintenance contract for a value of approximately 50 million EUR from the customer Synthos, a Polish chemical company leader in the production of rubbers and polymers. The turbine, being a […]

The Department of Energy (DOE) has issued a “prohibition order” in line with President Trump’s May 2020 broad bulk power system (BPS) security executive order (EO 13920) that will ban some utility procurement of specific grid equipment from China.  When it takes effect on Jan. 16, 2021, the Dec. 17–issued “Prohibition Order Securing Critical Defense […]

Easton, Pa. USA – December 16, 2020 – Victaulic announced the appointment of Rick Bucher as Chief Executive Officer, succeeding John F. Malloy, effective January 31, 2021. Dr. Bucher was named President of Victaulic in April of 2020, following a June 2019 appointment as Chief Operating Officer. Prior to joining Victaulic in 2009 as Vice President of […]

Bionomic Industries, Inc., an industry leading manufacturer of proven air pollution abatement, product and heat recovery technologies, has announced availability of their RotaBed patented “Fluidized Bed” Scrubber. Designed to handle gas capacities from 500 through 250,000 acfm, the RotaBed’s superior performance comes from a unique swirl induced Coriolis grid that achieves much greater fluidized bed […]

The project will support Indonesia’s target to achieve renewable energy share of 23 percent in 2025 This order strengthens the position of Voith Hydro in Indonesia as one of the leading hydropower equipment suppliers JAKARTA, INDONESIA. Voith Hydro has been awarded by Mitsubishi Corporation the electro-mechanical equipment contract for the Asahan 3 hydropower project in […]

Paris, December 15, 2020 – Total Lubrifiants is delighted to celebrate a memorable milestone paving the way for the future: the 50th anniversary of TOTAL PRESLIA, its range of turbine oils. TOTAL PRESLIA’s range of products is used to produce more than 500 GW/year of electricity worldwide. More than ever, being able to rely on […]

Survey by Independent Research Firm Verdantix Again Ranks DSS Highest for Brand Preference and Awareness GENEVA, Switzerland, December 15, 2020 – DuPont Sustainable Solutions (DSS) has been ranked the top EHS (Environment, Health & Safety) consulting brand for the fourth year in a row, according to a survey released in December by the independent research […]

NEWTON, Massachusetts — Burns & McDonnell has been awarded the onshore Front End Engineering Design (FEED) for an offshore wind project with Mayflower Wind Energy LLC, a joint venture of Shell and Ocean Winds. Burns & McDonnell will also provide market engagement support for Mayflower’s project. Mayflower Wind won the rights to develop a lease […]

Researchers at Lawrence Berkeley National Laboratory (LBNL) have found that a combination of lower capital, operating, and finance costs, in addition to better equipment performance, and longer useful lives, have driven power purchase agreement (PPA) prices and the levelized cost of energy (LCOE) for utility-scale wind and solar projects to all-time lows. The findings were […]

General Electric (GE) has agreed to pay a $200 million penalty to settle claims by the U.S. Securities and Exchange Commission (SEC) that the company misled investors when it failed to disclose material information related to its power and insurance businesses. In an order on Dec. 9 capping an investigation that the SEC opened in […]

KOSPO’s New Shinsejong Combined Cycle Power Plant will be the first plant powered by GE 7HA.03 gas turbine in Korea. Plant will deliver power to the Korean grid and supply district heating to Sejong City GE’s 7HA.03—an H-Class evolution—is the world’s largest, most efficient, and flexible gas turbine with the lowest cost conversion of gas […]

Gelsenkirchen / Germany, December 2020 By 2024, POSCO Energy of South Korea will have constructed a new coal-fired power station with two 1,050 MW generating units, in Samcheok in the north-east of the country. SCHADE Lagertechnik GmbH of Gelsenkirchen, Germany will supply four Semi-Portal Reclaimers to Doosan Engineering & Construction for the project. With this […]

Food ingredient processing plant increases efficiency while reducing carbon emissions by more than 30% On-site electricity generation pays into distributed approach 1000th Siemens gas turbine delivered from production facility in Finspång, Sweden Siemens Energy has successfully delivered two SGT-700 gas turbines for a food ingredient processing plant owned by Tate & Lyle, located in Lafayette, […]