Business

  • Valmet to convert a lignite-fired boiler plant into biomass combustion at Zespół Elektrowni Pątnów-Adamów-Konin SA in Poland

    Valmet has received an order from Zespół Elektrowni Pątnów-Adamów-Konin SA (ZE PAK) to convert a lignite-fired boiler into a biomass-fired boiler at its power plant in Konin, Poland. The order is included in Valmet’s orders received of the second quarter 2020. The value of the order is approximately EUR 20 million. The converted boiler plant […]

  • Construction of Power Facilities Is ‘Essential’ in California

    Ahead of most of the U.S., California state and local officials in the first weeks of March adopted some of the earliest and strongest steps to restrict movement and close non-essential businesses in order to fight the spread of the COVID-19 disease. One of the key challenges in implementing these “shelter-in-place” orders was how to […]

  • AMPLY Power Secures $13.2 Million Led by Soros Fund Management and Siemens to Unlock Electric Charging Infrastructure for Commercial Fleets

    MOUNTAIN VIEW, Calif. (April 28, 2020) — As cities and corporations accelerate their adoption of electric trucks and buses, AMPLY Power, the leader in charging solutions for fleets, has secured $13.2 million in Series A funding from investors, including Soros Fund Management and Siemens. They are joined by existing seed round investors, including Congruent Ventures, PeopleFund, and Obvious Ventures. AMPLY Power platform, called […]

  • U.S. Department of Energy Awards $5.4 million to Accelerate Advanced Nuclear Technology Development

    WASHINGTON, D.C. (April 28, 2020) – The U.S. Department of Energy (DOE) today announced selections to receive funding to accelerate advanced nuclear technology development. There are two selections – one to support site preparation for a future domestic advanced reactor demonstration project and one for an advanced reactor regulatory licensing grant. The projects have a […]

  • Flender to expand in Western Australia with a new purpose-built facility

    April 28, 2020 — Flender, a leading global supplier of mechanical drives and a subsidiary of technology giant Siemens has announced plans for a expansion into Western Australia with a new state-of-the-art facility in Tonkin Highway Industrial Estate in Bayswater. The move comes as Flender continues to grow in the region and looks to expand […]

  • Charah Solutions Awarded Large-Scale Pond Closure Contract by Southeastern Utility for Beneficial Use

    Over 2 Million Tons of Ash from Retired Coal-Fired Power Plant Will Be Beneficially Used in Concrete Industry LOUISVILLE, KY (April 28, 2020) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of environmental and maintenance services to the power generation industry, today announced that it recently was awarded a Closure by Removal […]

  • GE, Siemens, Utilities Take Hits From Coronavirus

    U.S. power plant operators continue to change procedures at their facilities, including pushing back scheduled maintenance, due to lockdowns and quarantines associated with the coronavirus pandemic. The changes are impacting companies such as General Electric (GE) and Siemens, which are major service providers to power plants, at a time when these global companies already are […]

  • Indian Point Unit 2 Will Shut Down April 30

    One of the two remaining operating reactors at the Indian Point Energy Center in Buchanan, New York, will close for good on April 30, shutting down early as part of an agreement between Entergy, the plant’s operator, the state of New York, and environmental groups who had pressured officials to close the plant. The 1,020-MW […]

  • MHPS Will Rebrand as ‘Mitsubishi Power’

    Flagship power plant and equipment firm Mitsubishi Hitachi Power Systems (MHPS) plans to change its name to “Mitsubishi Power” once it receives approval from antitrust authorities in several countries. The rebrand announced by the Yokohama, Japan–headquartered MHPS on April 24 will reflect a change in ownership announced in December, when Japanese technology conglomerate Hitachi said […]

  • Smart Technology Needs Smart Policy: How Market Structures Cripple Climate Solutions

    Here’s the good news: humanity knows how to solve climate change. Wind, solar, energy storage, and efficiency technologies are cost-competitive, fully mature solutions that are ready to be deployed everywhere. Wind and solar are now the cheapest forms of new energy to build and continue to get cheaper. COMMENTARY Now the bad news: market inertia […]

  • Canada SMR Initiative Adds New Brunswick Project

    Moltex Energy, a privately held nuclear power development company headquartered in the UK with an office in New Brunswick, Canada, has entered into a collaboration agreement with Canadian Nuclear Laboratories (CNL) to support Moltex’s nuclear fuel development program for its Stable Salt Reactor (SSR), among the latest technology advancements for small modular reactors (SMRs). The […]

  • Australian Tech Company Future Grid Entering the U.S. Energy Market in Their Mission to Help Utilities Decarbonize the Grid

    MELBOURNE, April 24, 2020 — Future Grid, developer of proprietary Smart Grid software that has been successfully implemented in electricity utilities across Australia, announced today that they will be entering the U.S. energy market. Future Grid aims to help U.S. utilities mitigate grid impacts caused by the transition to renewable energy by providing unprecedented visibility […]

  • GE Completes Major Inspection on SGT-800* to Modernize Bashkir Generation LLC’s Ufa TPP2 Plant to Help Cope with Russian Winters

    GE’s modernization of Bashkir Generation Company LLC’s TTP-2 Plant was completed on time, successfully and safely The project is expected to extend the maintenance interval by 25% at the TPP-2 plant—equivalent to approximately seven months GE’s localized support through its GE Energy Technology Center in Kaluga, including a SGT-800* spare parts warehouse, ensures availability of […]

  • Nuclear Fuel Working Group Outlines How U.S. Could Regain Global Leadership

    The U.S. will attempt to regain its international standing as a world leader in nuclear energy through a three-pronged strategy that will essentially seek to strengthen the full domestic nuclear fuel cycle, possibly deny imports of nuclear fuel fabricated in Russia or China, and promote advanced reactor technologies. The strategy is outlined in the White […]

  • Solar Power Is Cheap and Getting Cheaper

    In many locations, solar power is already the lowest-cost renewable energy alternative available. Some of the advantage stems from advancements made in manufacturing processes and economies of scale that solar companies have captured. Operating costs also factor into the equation—solar’s operating costs are minimal while operating expenses for wind power are more substantial. Still, Brendan […]

  • Dropsafe Expands Barrier Range to Tackle Drops in All Conditions

    Dropsafe aids expansion into a wider variety of operating environments in multiple industries with XE & ME models Hong Kong, 23rd April – Global leader in Drops prevention, Dropsafe, has announced today that it is expanding its Barrier range to meet industry demand for robust Drops prevention solutions across all environments. Industries such as power generation and […]

  • Seven Nuclear Plants Get COVID-19–Related NRC Work-Hour Exemptions

    To help nuclear generators manage worker fatigue amid the intensifying COVID-19 pandemic, the Nuclear Regulatory Commission (NRC) has so far granted individually requested exemptions from work-hour controls to seven U.S. nuclear power plants. As described by NRC Director of Nuclear Reactor Regulation Ho Nieh in March 28 letters sent to at least three industry leaders, […]

  • Paralyzed or Catalyzed? Servicing the Energy Transition

    One of the more memorable experiences from my years with GE’s renewable energy business was managing through a growth spurt in the wake of the 2008 financial crisis. From 2009–2012, U.S. installed wind capacity more than doubled, from 25 GW to 60 GW. The 14 GW installed in 2012 remain a single-year record. It is no […]

  • Sequester Key Workers and Make This the Power Industry’s Finest Hour

    How companies respond to the COVID-19 pandemic will determine their public reputations, and those of their leaders and key employees, for years if not decades. This, along with public safety, is why “Priority Number One” for the CEOs of power producers, utilities, and grid operators is to make sure critical employees, such as control room […]

  • Johnson Stepping Down as PG&E CEO

    Pacific Gas & Electric (PG&E) announced April 22 that Bill Johnson, the president and CEO who took over those roles in the midst of the company’s bankruptcy proceedings, will step down June 30 after just more than one year on the job. The company said Bill Smith, a PG&E board member, will serve as interim […]

  • FERC Orders Delayed Implementation of NERC Reliability Standards

    The Federal Energy Regulatory Commission (FERC) has approved the North American Electric Reliability Corporation’s (NERC’s) motion to defer implementation of seven reliability standards—including for grid cybersecurity—that were slated to become effective this year. In an April 17 order, FERC approved NERC’s April 6 requested motion to defer the implementation of the standards, which have effective […]

  • The Power Sector’s Most Crucial COVID-19 Mitigation Strategies

    The latest version of the Electricity Subsector Coordinating Council’s (ESCC’s) resource guide to assess and mitigate COVID-19 suggests the U.S. power sector continues to grapple with key concerns involving control center continuity, power plant continuity, access to restricted and quarantined areas, mutual assistance, and supply chain challenges. In its fifth and sixth versions of the […]

  • Need for Resilience Supports Energy Storage

    Independent power producer Neoen Australia said an expansion of the world’s largest lithium-ion battery system has completed its network connection, bringing the Tesla-supported Hornsdale Power Reserve, adjacent to a wind farm in South Australia, to a rated size of 150 MW/193.5 MWh. It’s the latest in a series of projects being developed worldwide to add […]

  • Charah Solutions Signs Agreement With Consumers Energy For The Closure And Reclamation Of Ash Ponds To Natural Wetlands

    Will Provide Turnkey Environmental Liability Transfer Services to Repurpose Former B.C. Cobb Ash Ponds LOUISVILLE, KY (April 20, 2020) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of environmental and maintenance services to the power generation industry, today announced that it will close the B.C. Cobb Generating Facility’s Ash Ponds previously owned […]

  • Siemens Gamesa secures 184 MW of wind power at latest auction round in Poland

    Siemens Gamesa Renewable Energy has continued its winning streak in Poland following the award of three projects totaling 184 MW at the country’s last auction round held in December 2019. The company will supply 63 wind turbines to several customers including independent private investors to national and international utility companies. These contracts help to consolidate […]

  • GE Loses Engineering Visionary John Lammas

    John Lammas, GE Power’s chief technology officer and vice president of generation technology, an innovator who championed breakthroughs in gas turbine technology both for jet travel and power generation, died suddenly on April 12. GE commemorated Lammas in an emotional tribute to his 35-year legacy at the technology conglomerate, noting his work could be seen […]

  • Powering the Future: Renewables, New Technology, and Diversification Are Forecast for Energy Sector in 2020 and Beyond

    2020 will be a year dominated by environmental issues. Governments are under increasing pressure from climate activists and protest groups to address carbon emissions and reduce fossil fuel consumption. The effect of this scrutiny has been largely felt in the energy sector. This decade organizations within this industry will have to manage new environmental taxes […]

  • Analysis: Wind energy expansion would have $27 billion economic impact

    WEST LAFAYETTE, Ind. (April 15, 2020) — Wind, which generates less greenhouse gas emission than burning fossil fuels, is making up an increasing share of the energy production portfolio in the United States. But wind is not as efficient as coal or natural gas, causing some concern about its economic impact. A Purdue University study […]

  • Wind Energy Leads U.S. Power Generation Growth

    The trade group representing the U.S. wind energy industry says the sector emerged as the top provider of new utility-scale power generation in the nation in 2019, with 9.1 GW of large wind power projects coming online. The American Wind Energy Association (AWEA), in its Wind Powers America Annual Report 2019 released April 16, said […]

  • Wärtsilä gas engine power plant begins commercial operations bringing greater efficiency and flexibility to Mississippi electric coop

    A 22.7 MW flexible gas power plant delivered to Benndale, Mississippi, USA by the technology group Wärtsilä commenced commercial operations on 8 April, 2020, allowing electricity to be sold to the grid. The plant is owned by Cooperative Energy, a member owned electric cooperative, and was supplied by Wärtsilä on a full Engineering, Procurement & […]