Coal

Eskom, South Africa’s state-owned utility that produces nearly 90% of the African powerhouse’s electricity, is saddled with liabilities, unavoidable expenses, and stranded costs that exceed $113 billion, and for various reasons, it is “fundamentally insolvent, permanently impaired, and will never be a true going concern enterprise under its current legal, operational, and governance structure,” concludes […]

A new report from a group that studies the impact of climate change on financial markets recommends that European Union (EU) governments move to phase out coal-fired power generation completely by 2030 in order to avoid even-greater economic damage. Carbon Tracker, a London, UK-based group supported by foundations in Europe and the U.S., on Oct. 24 […]

GE supplied the steam turbines, generators and boilers for the 1,320MW power project Will provide power to 4 million homes and significantly reduce the cost of electricity generation in Pakistan  Completed on time and on budget Baden, Switzerland; October 23, 2019: The 1,320 MW China Power Hub Generation Company (Pvt.) Ltd. Power Plant (CPHGC) in […]

A public relations expert who worked for a major coal generator provides key advice to professionals joining the power sector amid the energy transition.

Energy Secretary Rick Perry told President Donald Trump on Oct. 17 that he is resigning his post. Trump confirmed to reporters in Texas, where he and Perry flew Thursday, that the energy secretary will step down, and Trump said he would quickly name a replacement. DOE Deputy Secretary Don Brouillette is viewed as Perry’s likely […]

The energy storage market received a boost Oct. 17 when the Federal Energy Regulatory Commission (FERC) approved the first two compliance filings implementing Order 841, a rule the commission said is designed to eliminate market barriers to electricity storage. Order 841 was enacted in February 2018. The measure directs regional power grid operators to establish […]

LOS ANGELES (October 17, 2019) — AECOM, the world’s premier infrastructure firm, announced today it will provide engineering, procurement and construction management services for the clean closure of the coal ash pond at A.B. Brown Generating Station located outside Evansville, Indiana. The project will remove up to 6,000,000 tons of coal combustion residuals (CCRs) from […]

Environmental, social, and governance (ESG) risks are diminishing the number of potential investors in U.S. merchant coal projects, and that is putting more pressure on already squeezed coal plant economics, Moody’s Investors Service said in a new sector report.   The U.S. merchant coal plants, which are already grappling with persistently low power prices that […]

Spain’s largest electric utility Endesa has successfully tested a new remotely operated vehicle (ROV) that it says will make inspection and maintenance in fully or partially submerged environments at its thermal power plants less costly and more efficient. The underwater robot, which was custom manufactured by Spanish startup NIDO Robotics for Endesa’s applications, is about […]

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 […]