Business

The POWER Podcast is available through Apple Podcasts, Spotify, YouTube, YouTube Music, Amazon Music, iHeart, TuneIn, SoundCloud, and some other podcast apps. Follow the links below to subscribe via your favorite platform: Apple Podcasts Spotify YouTube YouTube Music Amazon Music iHeart TuneIn SoundCloud The POWER Podcast Archive (March 9, 2019 – Feb. 28, 2020) Are […]

There’s general agreement among industry analysts that sales of electric vehicles (EVs) will continue to grow. Those same analysts, though, may not agree on the pace of growth. BloombergNEF (BNEF) in its “Electric Vehicle Outlook 2019” report said it expects yearly passenger EV sales will hit 10 million in 2025, up from just more than […]

Experts say the solution is simple: increase the role of distributed renewables and deploy energy storage-based microgrids throughout the state. As California continues to cope with looming scheduled blackouts, the harsh reality is that not only is this the new normal for citizens and businesses on the West Coast, but it could remain that way […]

Each year, the Connected Plant Conference, presented by POWER and Chemical Engineering, recognizes people who are in the front line of implementing digital technologies in the power and chemical process industries. This year, we congratulate the following winners of the “Game Changer” awards, who will be honored at the Connected Plant Conference in Atlanta, Georgia, […]

A new report from a global research, data, and analytics firm says the total market for energy storage will reach $546 billion in annual revenue over the next 15 years, led by the continued electrification of the transportation sector. Lux Research, a Boston, Massachusetts-headquartered group, in its “Global Energy Storage Market 2019” report, estimates the […]

Pilsen\Bratislava (2/25/2020) – Doosan Škoda Power, a Pilsen-based manufacturer and supplier of steam turbines and components for power-generating operations, has won a contract to modernize two turbine sets with a total capacity of 440 MW at Unit 1 of the Mochovce nuclear power plant (NPP), owned and operated by Slovenské elektrárne, a.s. Combined, the two […]

The rise of distributed, or decentralized, power generation has been supported by district energy, the generation from facilities and associated distribution networks supplying steam or hot water, chilled water, and electricity for heating and cooling to millions of square feet of building space across the U.S. and around the globe. District energy is among several […]

ST. PETERSBURG, Fla. (February 24, 2020) — One million solar panels and counting… Duke Energy Florida today announced the installation of its one-millionth solar panel in the state at the company’s Columbia Solar Power Plant in Fort White, Fla. Duke Energy Florida plans to install a significant amount of additional solar energy over the next […]

Rich Sorkin, CEO of Jupiter Intelligence As the reality of climate change begins to soak in, enterprises, organizations and governments around the globe are trying to get a handle on the economic and social implications of rising temperatures and sea levels. One area most immediately threatened by climate change—and one that hasn’t received nearly enough […]

PLEASANTON, California (Feb. 20, 2020) — State Compensation Insurance Fund (State Fund) and ENGIE North America today announced an agreement to build solar photovoltaic (PV) panels, energy storage systems, and electric vehicle (EV) charging stations across seven different State Fund locations throughout California. ENGIE and JLL jointly designed this comprehensive program to help State Fund […]

Tampa Electric Co. (TECO) on Feb. 19 said it plans to invest about $800 million to add another 600 MW of solar power generation capacity by year-end 2023. TECO on Wednesday said the expansion will increase its solar portfolio to more than 1.25 GW of solar generation, or about 14% of its total generation mix. […]

NISKAYUNA, N.Y., Feb. 19, 2020 – GE Research, the central technology development arm for GE, has been awarded access to the world’s #1-ranked supercomputer to discover new ways to optimize the efficiency of jet engines and power generation equipment.  The U.S. Department of Energy (DOE) selected the GE project among 47 winners in the 15th year of its Innovative […]

In an exclusive interview, executives from Silicon Valley–based Oklo, a company Idaho National Laboratory (INL) chose this week to demonstrate the first-of-its-kind use of recycled high-assay, low-enriched uranium (HALEU) fuel in its full-size Aurora micro-reactor, told POWER that the project could have broad implications for the future of nuclear power. Marking a significant boost for […]

Feb. 19, 2020 – Framatome signed a series of service contracts with Finnish utility TVO for the long-term operation of the Olkiluoto 3 EPR. These contracts cover nuclear plant outage and maintenance scopes, including engineering, I&C and non-destructive testing services over an extended period of time. “These contracts mark an important step as we work […]

France, which has long relied on reactors to supply the bulk of the country’s electricity, on Feb. 19 announced the imminent closure of the Fessenheim nuclear plant, located on the country’s border with Germany. One of the plant’s two 920-MW pressurized water reactors will shut down within days, with the second taken offline by the […]

The United Arab Emirates (UAE) is set to begin commercial operation of the Middle East’s first nuclear power plant, after the country’s regulatory agency on Feb. 17 gave its approval for the start-up of the first reactor at the Barakah site. The plant can now begin loading fuel, and Unit 1 is expected to come […]

Oklo, developer of a 1.5-MW passive compact fast reactor, will be the first to receive high-assay, low-enriched uranium (HALEU) nuclear fuel from Idaho National Laboratory (INL) to aid a first-of-its-kind demonstration of its Aurora microreactor, which could begin in 2024. Marking a significant boost for advanced nuclear innovation, which industry experts are banking on to […]

February 19, 2020 — Leading marine energy developer Minesto has signed a power purchase agreement (PPA) with the Faroese electric utility company SEV, advancing the parties’ collaboration to integrate tidal energy in the Faroe Island’s electricity mix. The PPA comprises both the planned installations of two 100kW systems of Minesto’s subsea kite technology and an […]

A recent study from Global Market Insights, a global market research and management consulting company, shows the value of the global transformer market will exceed $90 billion by 2026. The company has a market report dedicated to the global transformers market. Ankit Gupta, a research manager at Global Market Insights, recently answered some questions from POWER […]

Responding to a request from a Democrat-led U.S. House committee, the federal International Trade Commission (ITC) is investigating how New England’s increasing renewable targets are economically affecting the region, and what role renewable imports play in meeting those commitments. The ITC, an independent, nonpartisan and quasi-judicial federal agency that also provides fact-finding as it relates […]

An energy and finance research group on Feb. 18 said Siemens Gamesa Renewable Energy’s (SGRE’s) offshore wind installations make it far and away the market leader in that category, while Danish wind turbine manufacturer Vestas continues to lead the onshore and overall wind turbine market. The report published Tuesday from BloombergNEF (BNEF) said Vestas took […]

PIERRE, S.D., Feb. 18, 2020 — Geronimo Energy (Geronimo), a National Grid company, and Basin Electric Power Cooperative (Basin Electric) announced today the execution of a Power Purchase Agreement (PPA) for the Wild Springs Solar Project (Wild Springs). Wild Springs is a 128 megawatt (MW) clean solar energy project located in Pennington County, South Dakota, […]

Paris, FRANCE – February 18, 2020 – GE Renewable Energy (NYSE: GE) announced today that Heiner Markhoff has been named vice-president and CEO of Grid Solutions, effective March 20, 2020. Markhoff has a track record of growth, transformation and operational performance in diverse global businesses. He will be based in Paris, France. Markhoff replaces Reinaldo […]

SYDNEY, Feb. 18, 2020 — Signal Energy Australia Pty Ltd has partnered with WIRTGEN INVEST, a German investment company, to lead the engineering, procurement, and construction (EPC) effort on the Glenrowan West Solar Farm. Signal Energy Australia is a wholly owned subsidiary of Signal Energy, a leading design/build contractor providing EPC services to the renewable energy industry. […]

Siemens has received another order from Belarus to supply equipment for a peak load power plant. The order was placed by the state-run energy provider RUE Minskenergo. The six SGT-800 industrial gas turbines, like the five machines of the same type that Siemens is supplying for the Vitebsk region, will increase the grid’s reliability and […]

NEW ORLEANS, LA. (Feb. 18, 2020) – Bernhard and ProStar Energy Solutions (ProStar) announced todayan agreement with HealthTrust to offer Energy-as-a-Service solutions to member hospitals and health systems nationwide. The agreement offers HealthTrust members a comprehensive choice of services including engineering design, construction, operations & maintenance and financing that are designed to reduce energyconsumption. “The […]

PARIS – 18 February – GE Power (NYSE: GE) has recently successfully delivered the variable speed drive system (VSDS) and an e-house to the petrochemical plant by Shell Nederland Chemie B.V. GE’s VSDS, encompassing the high-speed induction motor and the variable speed drive, can reach steadily over approximately 90 percent energy efficiency for the compressor […]

Through Solys, its internal manufacturing and global logistics platform, Veolia Water Technologies (Veolia) is pleased to announce the launch of SIRION™ Advanced. A compact, plug-and-play system which integrates AQUAVISTA™ digital services, SIRION™ Advanced is dedicated to high-quality industrial process water production. Manufacturing sectors and the power industry require high-purity water and energy-efficient process water production […]

Global marketplace for new, used and overhauled Voith Turbo equipment Providing an informative product overview including availability Expansion of the Voith service portfolio HEIDENHEIM, Germany. The new global online platform Turbo Marketplace offers the ability to sell or buy unused, used and overhauled Voith Turbo equipment. Safety stocks, changing conditions and cancelled projects lead to […]

13 February 2020:  Bladon Micro Turbine (“Bladon”), the pioneer in the design, development, engineering and manufacture of micro turbine gensets (“MTGs”), has signed a three-year distribution partnership contract with Alkan CIT (“Alkan”) worth over US$36 million. Under the terms of the agreement, Bladon will provide its microturbine powered generators to Alkan for use at telecom […]