Business

Costs for wind and solar power systems have been declining for years thanks to technology improvements, economies of scale, and fierce competition in auctions. In the second half of 2019, the levelized cost of

Milestone for First 700-MW Domestically Built Indian Nuclear Reactor. Unit 3 of the Kakrapar nuclear power plant in the Indian state of Gujarat—an indigenously designed 700-MW pressurized heavy water reactor

Aurelia Turbines, the producer of the most efficient small gas turbines in the world, has commenced deliveries by shipping its first turbine for commercial use. The Aurelia® A400 turbine was sent to a client from Aurelia’s factory in Lappeenranta, Finland. The Aurelia® A400 turbine is ideally suited for small-scale combined heat and power (CHP) generation […]

In a stunning announcement, Exelon Generation, which operates the largest U.S. fleet of nuclear plants—21 reactors at 12 facilities in Illinois, Maryland, New York, and Pennsylvania—said it will retire the Byron and Dresden generating stations next fall for economic reasons. “Although we know in our heads that shutting down the uneconomic Illinois plants is necessary […]

Battelle Energy Alliance (BEA), the entity that manages Idaho National Laboratory (INL), has initiated contract negotiations with a team lead by Bechtel National Inc. (BNI) and supported by GE Hitachi Nuclear Energy (GEH) and Terra Power to back the design and build phase of the Department of Energy’s (DOE’s) Versatile Test Reactor (VTR).  The announcement […]

AUGUST 26, 2020 — The Investment Committee of Rosatom has approved the project of modernization of the experimental shop-floor for nuclear fuel fabrication at the site of the Siberian Chemical Combine (SCC), an enterprise of TVEL Fuel Company of Rosatom in Seversk, Tomsk region (West Siberia). This will enable SCC to manufacture fuel assemblies with […]

In a $5 billion deal, engineering and industrial software company AVEVA has agreed to acquire OSIsoft, maker of the PI System, which is a market-leading operational data software solution. “Combining AVEVA and OSIsoft is yet another significant milestone in our journey to achieving the ambitious growth goals that we have set,” Craig Hayman, CEO of […]

In February 2020, TIME magazine described the coronavirus pandemic’s workplace implications as “the world’s largest work-from-home experiment.” Today, it’s apparent that it is no longer an experiment, but a new way of working for the foreseeable future. Globally, 70% of people work remotely at least once a week, as every sector from government institutions and […]

ABB has signed a contract with ORION to implement automation and control solutions at Bangladesh’s 100MW Moidhara solar power plant in Mongla, supporting the country’s growing energy requirements and helping the government to achieve its goals of delivering cleaner power generation projects by 2020.  Collaborating with Energon Renewables (BD) Ltd, a subsidiary of ORION, one […]

California’s governor demanded an investigation into the cause of a series of power outages—the first since an energy crisis in 2001—that blacked out parts of the state in recent days.  California Independent System Operator (CAISO) has struggled to ensure reliability since Friday, Aug. 14, when, amid triple-digit temperatures, it declared a statewide Stage 2 Emergency, […]

Siemens Energy will provide a hydrogen production system for a fueling station in Beijing, China. The company said it will be the “first megawatt green hydrogen production project in China.” “The decarbonization of the energy systems is a challenge that every country must face. Siemens Energy is the company that can provide its customers with […]

A new clamshell style, O.D. mounted split frame machine that features fast, accurate, and easy to setup indexable tooling to part and bevel tube and pipe from 2″ to 48″ dia. is being introduced by Esco Tool. HOLLISTON, Mass., Aug. 19, 2020 /PRNewswire-PRWeb/ — Esco Tool has introduced a new clamshell style, O.D. mounted split […]

DARMSTADT, Germany (Aug. 18, 2020) – Brüel & Kjær Vibro, one of the leading worldwide independent suppliers of condition monitoring solutions for rotating machinery, has launched the VIBROPORT 8000 (VP-8000) Portable Vibration Analyzer for rotating and reciprocating equipment. The new VP-8000 is a specially configured and packaged version of Brüel & Kjær Vibro’s VC-8000, which […]

Baton Rouge, LA (August 17, 2020) – Setpoint Integrated Solutions announces SNAP, an online booking tool that gives customers easy, remote access to technical experts. Setpoint SNAP is a scheduling tool that quickly connects users with technical and product experts through virtual meetings or phone calls. As part of an ongoing effort to improve the […]

HEIDENHEIM, GERMANY (August 17, 2020) — Voith and Snowy Hydro agreed to collaborate for the Murray 1 hydroelectric power station and create a smart hydropower plant by installing acoustic sensing equipment to monitor and protect hydropower assets. The project includes Voith’s OnCare.Acoustic system, the IIoT platform OnCumulus data storage and Digital Health Assessments. Installation of […]

August 17, 2020 — Siemens Gamesa has received a firm order from Adani Green Energy for one of the largest wind power projects in India. The company will deliver 215 SG 2.2-122 wind turbines, totaling 473 MW. The agreement with Adani will see Siemens Gamesa deliver on its core strengths covering manufacturing, supply, installation, and […]

Investors in the global power and utilities sector embraced agendas that created long-term value during the first half of this year, as the COVID-19 pandemic roiled the world. Recent activity points to several interesting trends that will likely persist in a post-crisis world and may even accelerate change in the sector, new analyses from global […]

For the 3rd Time, Southwest Industrial Electric Appears on the Inc. 5000, Ranking No. 2769 With Three-Year Revenue Growth of 145.17% Percent Los Angeles, August 12, 2020 – Inc. magazine today revealed that Southwest Industrial Electric is No. 2769 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. […]

The Electric Power Research Institute (EPRI) and the Gas Technology Institute (GTI) are teaming on a notable five-year-long initiative to accelerate development and demonstrate low-carbon technologies that they say are needed to help private companies and governments achieve increasingly ambitious decarbonization goals by 2050. The Low-Carbon Resources Initiative (LCRI), officially launched on Aug. 10, is […]

It’s an article of faith in large parts of the U.S.—at least among power industry people—that organized and Federal Energy Regulatory Commission (FERC)–regulated “merchant” interstate power markets are the best way to ensure a sufficient supply of electricity, as well as to ensure fair and equitable prices for ratepayers. On that basis, large areas of […]

Technology combines panelboards and switchboards with intelligent circuit protection Integrated solutions provide real-time insight into circuit breaker health to avoid costly downtime  PITTSBURGH… Power management company Eaton today announced the first panelboards and switchboards in the industry to feature real-time breaker health monitoring with the launch of the Pow-R-Line Xpert® family of intelligent panelboards and […]

Public Service Enterprise Group (PSEG), New Jersey’s giant utility, has become the latest major U.S. power company to seek an exit from the competitive generation business.  In a statement attached to the company’s second-quarter 2020 earnings results released on July 31, Ralph Izzo, PSEG chairman, president, and CEO, said the company is “exploring strategic alternatives” […]

How electricity is delivered to customers in the U.S. is complicated. Consumers in some states have no choice who supplies their power; state commissions regulate utilities as vertically integrated electricity providers. Other states utilize a competitive model in which power producers can openly access transmission infrastructure and participate in wholesale electricity markets. Yet, there isn’t […]

First multi-terminal HVDC interconnection in Europe will boost renewable energy and enhance power security Zurich, 03.08.2020 Hitachi ABB Power Grids has won a major order from Scottish and Southern Electricity Networks (SSEN) Transmission, part of the UK energy giant SSE plc, to enable Europe’s first multi-terminal high-voltage direct-current (HVDC) interconnection. The link, which will connect […]

The DLRO2 is intuitive, easy-to-use Norristown, Pa. August 2020 – Megger now offers a digital low resistance ohmmeter that can deliver reliable results when using long test leads. The DLRO2, a 2 Amp handheld tester, is ideal for use in production line testing and industrial applications. This robust and intuitive handheld instrument offers a ‘difference […]

Patented QuickChange System™ increases tool versatility on the job ROCKFORD, Ill. (August 3, 2020) – Electrical workers searching for versatility with a multi-functional tool to cut wire, crimp connectors and punch electrical panels now have a practical option with the new Greenlee GRE-6 Interchangeable Head 6-in-1 Cable Termination Tool, powered by a Makita® battery. The […]

A remarkable retrofit at Xuzhou Unit 3 boosted the 320-MW subcritical coal unit’s efficiency to beyond 43.56%—higher than all existing Chinese supercritical units, and even many ultrasupercritical units

Indian power giant NTPC commissioned the second unit of the vast 1,320-MW Khargone Super Thermal Power Project in Madhya Pradesh this March, completing its first ultrasupercritical power plant. The project’s

Building a new nuclear power plant is challenging. Nuclear construction projects always seem to be behind schedule and over budget. Even in the late 1960s and early 1970s—arguably nuclear power’s

Power sector supply chains, hard hit by the COVID-19 pandemic, are feeling the double whammy of uncertainty posed by a broad U.S. executive order. As was clear at the Federal Energy Regulatory Commission’s