Business

  • 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 & […]

  • U.S. Nuclear Industry Shaved Generating Costs by 7.6% Compared to 2018

    The U.S. nuclear power fleet last year achieved its lowest recorded average total generating costs in two decades—$30.42/MWh—though it ran at a record-high 93.4% average capacity factor. Total generating costs were 7.6% lower last year compared to the prior year, and have fallen nearly 32% since 2012. The numbers, highlighted in the Nuclear Energy Institute’s […]

  • Vogtle Workforce Reduced by 20%, but Other Projects Strong in March

    The COVID-19 outbreak and efforts to halt the spread of the virus are having a real impact at the Vogtle nuclear expansion construction site, but project starts elsewhere were robust in March. Cutting Workforce Due to COVID-19 On April 15, Georgia Power announced in an 8-K filing with the U.S. Securities and Exchange Commission that […]

  • Clean Energy Sector Sheds 106,000 Jobs in March

    The renewable energy sector has been hit hard by the coronavirus pandemic, with more than 106,000 U.S. workers losing their jobs last month, according to an analysis of unemployment data released April 15 from several clean energy groups. Wednesday’s report said hundreds of thousands more job losses in the sector are expected in the next […]

  • The POWER Interview: Powering Through a Pandemic

    It’s an unprecedented time for power generators worldwide. Utilities, grid operators, equipment manufacturers, and others working to keep the lights on know that a reliable supply of electricity is more important than ever as the world battles through the coronavirus pandemic. Dino Barajas, who recently joined the finance arm of DLA Piper in Los Angeles, […]

  • Siemens Group Reopens Plants; GE Closing U.S. Factory

    Global wind turbine manufacturers Siemens Gamesa and Vestas have restarted work in their facilities in Spain, after that country eased some of the restrictions in place as part of the lockdown due to the COVID-19 pandemic. The move comes at the same time that General Electric announced it would close a subsidiary’s wind turbine manufacturing […]

  • Framatome signs long-term service contract to support operation at Taishan EPRs in China

    April 14, 2020 — Framatome signed a long-term service contract with the Taishan Nuclear Power Joint Venture Company Limited (TNPJVC) to support operations of two EPRs at the Taishan Nuclear Power Plant in China. This contract covers nuclear plant outage and maintenance work, including spare parts supply and engineering services for eight years. “This contract […]

  • NERC Moves to Defer Reliability Standards, Provide COVID-19 Flexibility

    The North American Electric Reliability Corporation (NERC) has asked the Federal Energy Regulatory Commission (FERC) to delay the implementation of seven reliability standards that relate to cybersecurity, training, disturbance monitoring and reporting, generator relay loadability, and coordination of protection systems for performance during faults. In an April 6 filing to FERC, NERC noted the rules […]

  • The POWER Interview: Keeping the Flame for Natural Gas

    The crash in global oil prices, though a challenge for cash-strapped drillers and U.S. exploration and production (E&P) companies, may provide an opportunity to move natural gas prices higher. Analysts in recent days have said higher gas prices could come as soon as next winter—some predict prices could more than double from recent lows of […]

  • Siemens CEO: No Job Cuts Due to Coronavirus

    Siemens CEO Joe Kaeser told a German newspaper the company will not reduce its workforce despite the economic downturn due to the worldwide COVID-19 pandemic. Kaeser, in an interview published April 11, said the company would likely continue having some employees work fewer hours at some of its facilities in Germany, and could extend that […]

  • Xcel Selling Gas Plant; Proceeds Will Support Pandemic Relief

    Xcel Energy on April 6 announced the sale of the 760-MW Mankato Energy Center (MEC) gas-fired power plant in Minnesota, less than three months after purchasing the plant for $650 million from Southern Co. Xcel had said the MEC was an important piece of the utility’s goal to be carbon-free by 2050. Xcel reached a […]

  • NRG Energy, Inc. Pledges $2 Million To COVID-19 Relief Efforts

    Support Directed to First Responders, Community Relief Funds, and Teachers NRG Energy CEO, Mauricio Gutierrez, shares details of the company’s $2 million donation supporting COVID-19 relief efforts PRINCETON, N.J. – As the battle to contain the COVID-19 pandemic continues, NRG Energy, Inc. (NYSE: NRG) announces broad efforts to aid those on the front lines of […]

  • Tri-State takes significant step to increase member flexibility, sets contract termination payment methodology

    Westminster, Colorado (April 9, 2020) – Tri-State has achieved a significant milestone in its transition to be a more flexible and even cleaner power supplier through its transformative Responsible Energy Plan. The cooperative’s board of directors, representing each utility member, approved a new partial requirements contract option that will deliver its utility members the flexibility […]

  • Renewable Fuels Will Help Pave the Way to a 100% Renewable Energy

    The need to reduce carbon emissions is real. In 2018, the International Panel on Climate Change (IPCC) reported that global emissions would need to reach net-zero (or carbon-neutral) by 2050 to prevent severe climate change impacts. Electricity is a major contributor—electricity generation was responsible for approximately 33% of total CO2 emissions in the U.S. in […]

  • Rosatom Groups Help Medical Workers Battle Coronavirus

    Scientists at SSC RF TRINITI JSC, a subsidiary of Rosatom’s science division, this week announced they have developed a method of disinfecting and sterilizing medical instruments, clothing, equipment, and facilities using mobile devices for the production of concentrated ozone. The action is one of several initiatives undertaken by Rosatom, the Moscow-based Russian state nuclear corporation, […]

  • Chart Shows Rise in Wind, Solar; Overall Drop in Energy Use

    Lawrence Livermore National Laboratory’s (LLNL’s) latest annual energy flow chart suggests that in 2019, for the second year in a row, wind and solar made up the largest increases in U.S. energy supply, but American consumption of energy fell after a record year in 2018. The national lab’s annual U.S. energy flow chart, or Sankey […]

  • esVolta Selected by California Choice Energy Authority for 60 MWh Energy Storage Project in Southern California

    esVolta, a developer and owner of utility-scale energy storage projects across North America, has been selected to deliver a new Lithium-ion (Li-ion) battery energy storage system for California Choice Energy Authority (CalChoice), a hybrid joint powers authority made up of five operational community choice aggregations (CCAs) in the cities of Lancaster, Pico Rivera, Rancho Mirage, […]

  • Framatome to deliver reactor protection system to Kursk Nuclear Power Plant II in Russia

    April 8, 2020 – Framatome was awarded a contract to deliver the reactor protection system for units 1 and 2 at the Kursk Nuclear Power Plant II in Russia. The contract includes planning, designing, manufacturing and implementing the system. This contract builds on the 2018 memorandum of understanding Framatome signed with Rusatom Automated Control Systems (RASU), a […]

  • PJM Ramps Up Preparations as COVID-19 Hotspots Emerge in Its Footprint

    PJM Interconnection, the nation’s largest regional transmission organization (RTO), is intensifying its response to the COVID-19 pandemic, preparing campuses for worker sequestration and closely coordinating with generators and transmission owners across its system as they grapple with workforce and supply impacts. Although most of PJM’s employees—with the exception of system operators and other essential personnel—are […]

  • Palo Verde’s Refueling: Ensure Safety, Reliability

    It’s a rite of spring for the U.S. nuclear power industry. Plant operators schedule refueling outages, taking a reactor offline not only to refuel but also to perform repairs or other maintenance, and facility upgrades. It’s a task made more problematic this year, as social distancing and travel restrictions brought on by the COVID-19 pandemic […]

  • 2020: A Moment of Truth for Utilities

    The start of a new decade marks a critical moment for utilities. As the pace of change accelerates, industry leaders are facing choices that will determine which companies prosper in the new competitive landscape and which languish as slow-growth commodity businesses. West Monroe’s 2020 Energy and Utilities Outlook provides a guide to planning for a […]

  • New Report Analyzes Power Demand Destruction Due to Coronavirus

    The coronavirus pandemic is altering the power landscape, with utilities and other power generators forced to adjust for load disruptions. Power consumption is changing as commercial and industrial electricity users close their businesses, and load is shifting to the residential sector with workers now settled in home offices, and students practicing remote and distance learning. […]

  • Power Sector Resources for Coronavirus Pandemic Response

    As part of POWER magazine’s in-depth coverage of the COVID-19 pandemic, its editors are curating a list of resources that may provide actionable information helpful to anyone involved in the world’s vast bulk power systems. Please write to editor@powermag.com if you know of additional resources that should be added to this page.  POWER Magazine’s Live […]