Business

Enterprise asset management (EAM) involves a combination of software, systems, and services that are used to maintain and control operational assets and equipment. The aim is to optimize the quality and utilization of assets throughout their lifecycle, increase uptime, and reduce costs. EAM involves work management; asset maintenance; planning and scheduling; supply chain management; and […]

The energy industry in Africa is staging a comeback after the pandemic’s significant economic impact over 2020. In 2021 and beyond, according to the Africa Energy Chamber (AEC), the revival will focus heavily on gas for power. While much progress has been achieved in the region’s vast and diverse power space, Africa’s power sector continues […]

AKRON, Ohio–(BUSINESS WIRE)–Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment will design and supply advanced ash-handling equipment to a U.S. power plant customer. The contract is valued at more than $10 million. The project scope includes the design and supply of eight innovative, patented Allen-Sherman-Hoff® Submerged Grind Conveyors (SGC), a […]

2020 was a transformative year for the power sector, underlining both new challenges and potential opportunities. We not only saw how severe weather event threats, such as the wildfires and public safety power shutoffs in California, continued to illustrate the fragility of our existing centralized electric distribution system, but we simultaneously experienced the struggle of […]

A partnership between The Alliance Center and Fermata Energy will result in reduced energy costs The Alliance Center is installing the Fermata Energy V2B System at their facility in Denver. The Fermata Energy V2B System will work in conjunction with The Alliance Center’s electric vehicle (EV) to utilize the energy stored in a Nissan LEAF […]

JANUARY 5, 2021 — The technology group Wärtsilä will supply two large-scale biogas upgrading plants to different locations in Denmark. The order was placed by Nature Energy, the world’s leading biomethane company. By injecting biomethane – the end product of upgraded biogas – to the gas grid, Denmark will be taking an important step towards […]

Dubuque, IA, January 4, 2021 – A.Y. McDonald has acquired Val-Matic Valve & Mfg. Corporation, of Elmhurst, Illinois on December 31, 2020. Val-Matic Valve was founded in 1966 by Andrew Nuter and is a manufacturer of fourteen valve product lines for the water and wastewater, industrial, commercial building construction, and plumbing industries with an additional […]

FORT WORTH, Texas (Jan. 4, 2021) — Takkion Holdings LLC (“Takkion” or the “Company”), a portfolio company of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) and premier multimodal logistics and transportation provider for energy transition infrastructure, today announced that Takkion has acquired Sioux Falls, SD-based […]

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 […]