Business

  • Small Modular Reactors Have High-Level Support

    U.S. Department of Energy (DOE) Secretary Rick Perry is headed to Brussels, Belgium, to promote small modular reactor (SMR) concepts to European Union (EU) prospects. Perry will be a featured speaker during the “1st U.S.-EU High-Level Industrial Forum on Small Modular Reactors,” which will be held Oct. 21. “The U.S. and the EU share a […]

  • Buffett Still Banking on Energy—BHE Announces Canadian Wind Farm

    The evolving landscape of power includes not only new types of generation, but also involves new investors, including some of the most well-known names in global business. Bill Gates, who co-founded Microsoft with the late Paul Allen, formed Breakthrough Energy Ventures (BEV) in 2016, a group that supports battery energy storage, nuclear power innovation, geothermal, […]

  • Siemens’ gearless drive technology powers high-capacity overland conveyor in Quellaveco

    Conveyor system will move 127,500 tons of primary crushed ore per day New Siemens’ gearless drive technology to increase reliability and efficiency additionally by up to 4 percent Maintenance requirements of the drive system significantly reduced Powered by Siemens’ new gearless drive technology, thyssenkrupp’s high-capacity overland conveyor will access one of the world’s largest copper […]

  • FM Global opens new US$16 million electrical hazards laboratory to prevent businesses from going ‘BOOM!’

    WEST GLOCESTER, R.I., USA—FM Global, one of the world’s largest commercial property insurers, has opened a US$16 million Electrical Hazards and Gas Detection Laboratory at its world renowned 1,600-acre (648-hectare) Research Campus in West Glocester, R.I., USA, following nearly two years of construction. Fireballs, explosions, combustible and toxic gas leaks and short circuits—industrial property hazards […]

  • AEIC Announces Five Winners of 2019 AEIC Achievement Award

    Birmingham, AL — The Association of Edison Illuminating Companies has announced five recipients of the prestigious AEIC Achievement Award for 2019. The AEIC Achievement Awards are presented annually to individuals or groups of individuals from AEIC member companies or committees who have clearly provided significant contributions to advancing the operations of the electric energy industry. […]

  • Exelon Utilities’ CEO Retires as Federal Investigation Continues

    The CEO of major U.S. energy company Exelon Utilities retired on Oct. 15, leaving the company as federal officials investigate Exelon’s lobbying activities at the Illinois State Capitol. The retirement of Anne Pramaggiore, 61, who became CEO of Exelon Utilities in 2018, comes less than a week after Exelon subsidiary Commonwealth Edison (ComEd), Illinois’ largest […]

  • Lakeland Industries to Unveil New Line of FR/AR Apparel in Layering System for Electrical Utility Linemen

    Lakeland Industries’ new mid-weight and high visibility moisture management line of FR/AR apparel enhance the company’s current product layering system specifically designed for electrical utility linemen. The products feature exceptional moisture-management, performance, and comfort, and will be unveiled at the International Lineman’s Rodeo and Expo on October 16, 2019. Ronkonkoma, NY– October 15, 2019 – Lakeland […]

  • Viledon hydroMaxx enables moisture and snow to permanently roll off

    Coalescer prefilters provide gas turbines and compressors with optimum protection against moisture under harsh operating conditions, as shown by two examples from actual applications Weinheim, October 15, 2019. One of the challenges in air filtration is to combine filter types and filter classes into a tailor-made overall system that is perfectly adapted to the ambient […]

  • Uptake of GE’s Biggest Wind Turbines Gain Traction

    GE Renewable Energy has made major gains in orders for its 5.3-MW Cypress onshore wind turbine and the 12-MW Haliade-X offshore wind turbine. Prototypes of both are still being tested in the Netherlands. Key Contracts for Innovative 5-MW Onshore Machine  The GE business division introduced the first turbine in the Cypress platform, a 4.8-MW machine, […]

  • MHPS Completes 880MW Natural Gas-Fired GTCC, Jawa-2 Project for Indonesia’s State-owned Electricity Provider, PLN

    YOKOHAMA, Japan, Oct 10, 2019 – (JCN Newswire) – Mitsubishi Hitachi Power Systems, Ltd. (MHPS) completed the installation and commissioning of the natural gas-fired gas turbine combined cycle (GTCC) facilities for the “Jawa-2 Project.” The project, under the auspices of Indonesia’s state-owned electricity provider PT. PLN (Persero) is located at the Tanjung Priok Power Plant […]

  • Judge: Court Will Consider Rival Proposal for PG&E Reorganization

    A federal bankruptcy judge on Oct. 9 ruled that Pacific Gas & Electric (PG&E), California’s largest utility, does not have the sole right to determine the terms of its reorganization. Judge Dennis Montali said those who support a rival proposal, which was devised by a group of the utility’s creditors, can have their plan considered. […]

  • Facility to Make Coal Cleaner, More Efficient, Taking Shape in Wyoming

    Clean Coal Technologies Inc. (CCTI) has begun reassembling a test facility designed to produce a cleaner-burning and more-efficient coal. The coal beneficiation and byproducts extraction plant, first built in Tulsa, Oklahoma, for an initial test of the technology, and then moved to Gillette, Wyoming, is expected to be completely rebuilt in the next few months, […]

  • Four Projects Picked to Speed Up Pumped Storage Hydro Construction 

    Four projects have won a competition launched by the Department of Energy (DOE) in April 2019 to help shorten the commissioning time for pumped storage hydropower projects and revitalize the hydropower industry.  The grand prize winners or the Furthering Advancements to Shorten Time (FAST) Prize competition were selected by the National Renewable Energy Laboratory (NREL) […]

  • Can Corporate America Ensure a Clean Energy Future?

    Renewable energy off-take by large corporate entities is on the rise. Google in September of this year made its largest-ever renewable energy procurement announcement, announcing 18 new renewable energy agreements, totaling 1,600 MW. That puts Google at the top of the voluntary renewable energy purchasers list, after Facebook had grabbed the top spot a year […]

  • CleanSpark Awarded Contract for Feasibility Study for Development of Off-Grid Power Solution for Cannabis Grower

    SALT LAKE CITY, Utah — CleanSpark, Inc. (OTCQB: CLSK), a microgrid company with advanced engineering, software and controls for innovative distributed energy resource management systems, today announced it has been selected to conduct a project feasibility study to Good Energy Solar for the creation of an independent and comprehensive power system for TMP Unlimited, Inc., […]

  • Distress and Deals Continue to Persist in Energy Sector

    At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]

  • Researchers: $71 Billion of Japan’s Coal Assets at Risk

    Research from the University of Tokyo, along with that of two other groups, shows Japan’s coal-fired power plant fleet is at economic risk as the country adds more generation from renewable energy resources such as solar and wind. The report, called “Land of the Rising Sun and Offshore Wind,” released Oct. 6 and based on […]

  • Protecting DEF from Extreme Cold Is Important

    According to the Farmer’s Almanac, the winter of 2019–2020 will be filled with bitterly cold weather in the eastern parts of the Rockies and east to the Appalachians. The Northeast should also experience very cold temperatures. For municipalities, public utilities, landscapers, and others that are involved in outdoor work and snow removal, there is always […]

  • Last Major Module Received at Vogtle Nuclear Site

    The final major module needed to construct Vogtle Units 3 and 4—the only new commercial nuclear power units currently under construction in the U.S.—has arrived at the site near Waynesboro, Georgia. That means all 1,485 major modules have been manufactured and safely delivered to the project. Georgia Power announced the milestone in a press release […]

  • Small Modular Reactors Gain Momentum in Europe

    GE Hitachi Nuclear Energy (GEH) and NuScale Power, two leading companies in the race to build small modular reactors (SMRs) for power generation, have recently announced deals that could result to new plants being constructed in Europe. Feasibility Studies in Estonia GEH on Oct. 3 said it had signed an agreement with Fermi Energia OÜ, […]

  • NETL: Coal Chemical Looping Combustion Closer to Commercialization

    Chemical looping combustion (CLC), an advanced coal power technology that could markedly simplify carbon capture at power plants, has moved significantly closer to commercialization, owing to a breakthrough in oxygen carrier durability, the National Energy Technology Laboratory (NETL) said.    The national laboratory, which is part of the U.S. Department of Energy (DOE), revealed on […]

  • TITAN-2 and Framatome-Siemens Consortium sign contract for HANHIKIVI-1 NPP main I&C supply

    CONCERN TITAN-2 JSC, contractor for building and supply of equipment for Hanhikivi-1 NPP construction, has signed today a contract with Framatome-Siemens, the French-German consortium, to supply Main Instrumentation and Control (I&C). The signature followed a competitive procedure with the participation of international companies that are market leaders in the field of integrated I&C solutions at […]

  • CTCI Succeeds in Acquiring Mega Power Plant EPCC Contract in Vietnam

    Taipei, Taiwan — Taiwan’s largest EPC contractor CTCI has been awarded an EPCC contract for Van Phong-1 1,320MW Thermal Power Plant BOT Project in Vietnam in cooperation with IHI Corporation, Toshiba Energy Systems & Solutions Corporation, and Doosan Heavy Industries and Construction Co., Ltd as consortium. The contract award marks a milestone for the company […]

  • GE Unveils New H-Class Gas Turbine—and Already Has a First Order

    GE on Oct. 1 unveiled the 7HA.03, the newest model in its 2014-launched high efficiency air-cooled (HA) gas turbine line. On Oct. 2, it also announced that Florida Power and Light’s (FPL’s) Dania Beach Clean Energy Center will be the first to showcase two of the “world’s largest, most efficient, and flexible gas turbines” for the 60-Hz […]

  • Siemens signs contract for industrial power plant in Tatarstan

    Siemens Gas and Power and PJSC Kazanorgsintez, one of Russia’s largest chemical companies, signed a contract for the turnkey construction of a 250 megawatt (MW) combined cycle power plant in Tatarstan. Commercial operation is planned to being in 2023. Siemens also signed two service contracts, one with Kazanorgsintez for the new plant and one for […]

  • Taking Charge of Cybersecurity in the Energy Industry

    Delivering energy has centered on the fundamental tenant of being reliably available. As energy providers strive to maintain that availability, they all too often push security to the backburner. Many unsafe practices have fallen into place for the sake of speed and efficiency, including the use of default and shared passwords, open access, and little […]

  • Xcel Announces Deal to Power Steel Mill with Solar

    Xcel Energy has announced an agreement with Lightsource BP and EVRAZ North America to develop a $250-million, 240-MW solar power facility in Pueblo, Colorado. The plant will provide power to the EVRAZ Rocky Mountain Steel facility in Pueblo. Xcel said the plant will be the largest on-site solar facility dedicated to a single company. The […]

  • Peak Power Insolvency Brings Generators to Market

    Material changes to the UK peak power and capacity markets sector has resulted in 3 major reserve power facilities becoming insolvent. As a result, 44MW of standby power generator assets are available for sale either in-situ, to take advantage of STOR, FFR and future capacity markets, or piecemeal for removal. Dan Hurd of Ernst Young, […]

  • How Remote Operation Centers Can Help Companies Transition

    The energy industry is currently moving from a traditional, highly regulated production model dominated by electricity utilities to a decentralized, deregulated model featuring a higher proportion of renewable energy sources such as wind and solar power. With subsidies in decline, renewables are reaching grid parity—with costs equal to or less than traditional sources. Not surprisingly, […]

  • Show Preview: Distributed Energy Conference 2019

    POWER magazine’s second Distributed Energy Conference will build upon the success of the inaugural event, a sold-out program that brought together utilities, energy industry executives, and companies from across the spectrum of distributed power generation. Insiders from the wind and solar sectors, along with operators of backup and emergency power systems, combined heat and power, […]