Deal-making in the North American power and utilities sector fell for the third year in a row in 2019, and total deal value shrank by 41% compared to 2018, indicating…
Finance
Innovation is ushering in a new age for nuclear power. As well as boosting plant economics, efficiency, and flexibility, advanced technologies could open up new markets to meet soaring demand…
Japanese technology conglomerate Hitachi will withdraw from Mitsubishi Hitachi Power Systems (MHPS), a joint venture it established in 2014 with another power equipment giant, Mitsubishi Heavy Industries (MHI), over a…
In the September issue of POWER, I wrote about a public utility (JEA) that is exploring privatization, and in October, I looked at a city (Boulder, Colorado) that is exploring…
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…
The U.S. Department of Energy (DOE) announced 12 projects had been selected as part of its Practices to Accelerate the Commercialization of Technologies (PACT) Laboratory Call. The projects will receive…
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,…
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…
There are generally three types of electric power utility ownership structures: public power utilities, rural electric cooperatives, and investor-owned utilities (IOUs). The American Public Power Association, which calls itself “the…
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…