Archive: Coal

TVA Mulls Coal Plant Closures, Trump Urges Board to Consider All Factors

The Tennessee Valley Authority (TVA) is holding a board meeting today, during which the fate of the corporate agency’s Bull Run and Paradise Unit 3 coal power plants could be decided. Permanent closure of the facilities is strongly being considered. The stakes are high, according to Kentucky Gov. Matt Bevin (R). In a Jan. 4 […]

California Governor Wants ‘Strike Team’ to Develop Utility Plan

California Governor Gavin Newsom on February 12 said the state has formed a “strike team” as it works to develop plans to help not only utility ratepayers but also utility employees. The move comes in the wake of the bankruptcy filing by Pacific Gas & Electric (PG&E) as the state’s largest utility deals with its […]

Sulzer Service Solutions

Sulzer is the leading worldwide, independent service provider for the repair and maintenance of large rotating machines including turbomachinery, pumps and electro-mechanical equipment. With a global network of technically advanced remanufacturing and test facilities, Sulzer offers a collaborative advantage that delivers high-quality, cost-effective, customized and turnkey solutions, providing its customers with the peace-of-mind to focus

The ‘Green New Deal’ Out West

COMMENTARY Launched last week by New York Representative Alexandria Ocasio-Cortez, the “Green New Deal” appears to pick up where President Franklin Roosevelt left off with his “Second Bill of Rights” announced in his 1944 State of the Union Address1. More manifesto than mandate, the Green New Deal seeks to be a lens through which legislators’ […]

Iraqi Official Casts Doubt on Deals With GE, Siemens

Multibillion-dollar energy deals that both Siemens and General Electric (GE) signed with the Iraqi government last year may not come to fruition, according to the country’s electricity minister. The Financial Times on February 10 reported that Luay Al-Khatteeb, who took his post late last year after the deals were brokered, told the newspaper, “I don’t […]

Financial and Gas Turbine Blade Troubles Plague GE Power

GE Power’s financials spun out further on a dismal trajectory during the fourth quarter of 2018, plagued by slack market demand for products and services, technical glitches of a flagship gas turbine model, and poor project execution. Despite a series of divestments and corporate reshuffles, including of leadership, for the 12 months that ended on […]

Decarbonization, Electrification Key Among 8 Priorities for U.S. Investor-Owned Power Companies 

In line with customer preferences, U.S. investor-owned electric companies are heavily invested in decarbonization and electrification, the Edison Electric Institute (EEI) told Wall Street analysts and bankers on Feb. 6. In its annual presentation to potential investors and industry observers, the trade association that represents U.S. investor-owned electric companies lamented a number of uncertainties affecting […]

NIPSCO Announces Three New Indiana Wind Farms

Northern Indiana Public Service Co. (NIPSCO), which is phasing out coal-fired power as part of its “Your Energy, Your Future” plan announced late last year, on Feb. 1 said it will develop three new wind farm projects in the state that will add about 800 MW of renewable power generation capacity to its portfolio. The […]

Connected Plant 2019  ‘Game Changers’: The People Behind Digital Innovation

Behind the digital tools that make the industrial internet of things (IIOT) in the power generation and chemical process industries are people. The upcoming Connected Plant Conference—Feb. 19–21, 2019, in Charlotte, North Carolina—will recognize the achievements of 11 individuals and companies who are fast risers in the field. Through insight and experience, these “Game Changer” champions […]

THE BIG PICTURE: World’s Biggest Power Companies

In 2017, the 10 largest power companies, ranked by their installed generation capacity, owned 18% of total global installed capacity, while the next-largest 15 owned around 10%—meaning that the top 25 companies own nearly 30% of global installed power generation capacity, according to the International Energy Agency (IEA). Chinese companies account for more than one-eighth of global installed […]

Making the Connection: Digitization Ramps Up Optimization

Power generators continue to expand their use of digital technologies. Data analytics, artificial intelligence, and machine learning are all part of a rapid transformation in how utilities are improving the