Distributed Energy

GE will sell its Distributed Power business, which includes the company’s Jenbacher and Waukesha engines, to Advent International, a global private equity investment company, in a deal worth $3.25 billion. “In Advent, we have a partner that shares our team’s passion for delivering outstanding customer outcomes,” Carlos Lange, president of Distributed Power, said in a […]

President Trump wants to provide financial support to struggling coal and nuclear power plants. He’s told the Department of Energy (DOE) to make it happen. But a bipartisan group of lawmakers on Capitol Hill, along with commissioners from the Federal Energy Regulatory Commission (FERC), made it clear June 12 they don’t support federal government intervention […]

Nameplate renewable capacity surged to more than 2,000 GW worldwide at the end of 2016, constituting more than 28% of total generating capacity (Figure 6). Most (56%) was hydropower, followed by wind (23%), and then solar, mostly from photovoltaic (PV) at about 15%. According to the International Renewable Energy Agency (IRENA) the expansion was fueled […]

POWER has been reporting for many years on changes taking place in the power generation mix around the globe. Renewable energy, such as wind and solar generation, has been growing steadily in most parts of the

Electricity is produced by a variety of generating units, each with different lead times and costs to be readied for service, and production costs once brought online. Because electricity is a commodity that

To sustain unprecedented economic growth, lift hundreds of millions out of poverty, and attract investment, African countries are taking bold steps to expand electricity infrastructure. Are the continent’s

Natural disasters can strike anywhere, and the events of recent years—hurricanes, flooding rains, bomb cyclones—have ramped up the efforts of utilities to prepare for extreme weather. Power companies are

The duck curve is named for its resemblance to a duck, with its peaks and valleys highlighting the effect solar production has on the power demanded from thermal generators and hydropower resources throughout

New Jersey Gov. Phil Murphy signed a few important energy bills on May 23 including one (S-2313) that establishes a zero emissions certificate (ZEC) program, which reportedly will provide the state’s nuclear power plants with $300 million a year in ratepayer subsidies. To qualify, the plants must demonstrate that they make a significant contribution to […]

A report from Barclays Plc said Mitsubishi Hitachi Power Systems (MHPS) received more than half of all global orders for gas-fueled turbines in the first quarter of 2018, the company’s best-ever performance in a market that has seen traditional gas turbine manufacturers struggle in recent months. The market report from the London, UK-based multinational investment […]