Finance
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Plant Design
Innovative Fabric Structures Offer Power Plants Options
The design of a power plant often revolves around efficiency and mapping out operations in a manner that decreases unnecessary expenditures, while increasing productivity. This challenge produces the need for
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Commentary
Moonshots and Megaprojects
Fifty years ago this July, NASA successfully landed men on the moon and safely returned them to Earth. In this year’s documentary about the mission, Apollo 11 , director Todd Douglas Miller draws on a
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News
Leadership Shakeup at ABB Amid Power Grids Business Overhaul
Only months after ABB announced Hitachi would acquire a majority stake in its flagship power grids business for $11 billion, the company’s board of directors ousted CEO Ulrich Spiesshofer and officially launched a search for a new leader. The Zurich-based technology giant said on April 17 that the board of directors and Spiesshofer “mutually agreed […]
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Business
States Seek Financial Tools to Replace Coal with Clean Energy
Colorado lawmakers are considering legislation (HB19-1037) designed to help the state’s investor-owned utilities gracefully back out of non-economic coal-fired power plants. Colorado is at the forefront of
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News
The Economic Thicket of Generating Cost Comparisons
Comparing the costs of differing electric generating technologies has become popular among advocates for particular technologies and those seeking to find the optimal approach to new generation. While getting
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News
Bagging DOE Support, Westinghouse Eyes Demonstration for Nuclear Micro-reactor by 2022
The Department of Energy (DOE) is funding a project that would prepare Westinghouse’s 25-MWe eVinci micro-reactor for nuclear demonstration readiness by 2022. The agency on March 27 said it will provide $12.9 million of the estimated $28.6 million Westinghouse needs for a project to prepare the micro-reactor for a demonstration, including for design, analysis, licensing […]
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News
Recent U.S. Utilities Bankruptcies Raise Important Questions About Safe Harbor for Forward Contracts
COMMENTARY Are power purchase and similar agreements excluded from the automatic stay under the safe harbor for forward contracts? Both the FirstEnergy Solutions and Pacific Gas & Electric (PG&E) bankruptcies have seen proceedings regarding power purchase and similar agreements (PPAs) that raise this question. Contracts often contain provisions that enable a party to terminate or modify […]
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News
Germany’s Coal Exit Bound to Be Complicated
Eight years after Germany decided it would halt nuclear power production by 2022, the country that relied on lignite and hard coal for 38% of its generated power in 2018 will phase out coal by 2038 or earlier
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News
COP24’s Hefty Impact on the Power Sector
Two weeks of intense negotiations at the 24th meeting of the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP) in Katowice, Poland, last December culminated in