Gas

Siemens on June 18 said it would cut 2,700 jobs from its Gas and Power division, on top of 10,400 positions the German engineering firm last month said it would jettison as part of cost-cutting measures. The Siemens’ announcement comes one day after U.S.-based rival GE said it would cut 450 jobs at two of […]

The rapid evolution of the world’s power generation landscape is creating challenges for utilities and others in the energy space, as power plant owners and operators adapt to new technologies and changing business models. Jan Vrins, managing director and segment leader for Navigant’s global Energy practice, is immersed in this change. Vrins, who joined Navigant […]

26 sites combine to offer more than 500 Megawatts of Power to the UK National Grid, supporting the UK’s Goals of Decarbonization and Higher Renewable Penetration RAMSGATE, KENT– Cummins Inc. (NYSE: CMI), as supplier of natural gas generators, has helped UK Power Reserve (UKPR), part of the Singapore-based Sembcorp Industries group, to provide additional 500 […]

The iconic Cane Run coal-fired power plant closed in June 2015 after 61 years of operation. The plant, owned by Louisville Gas & Electric (LG&E), was imploded on June 8 after months of preparation for its demolition. “Our company and our employees, who expertly manned the plant during its lifespan, celebrated many accomplishments as a […]

The technology group Wärtsilä has signed two major maintenance management and operational advisory agreements with Summit Group, the largest independent power producer (IPP) in Bangladesh and longstanding partner. The seven-year agreements represent the biggest ever signed service deals, in terms of MW generation, in the Bangladesh energy sector. The orders were booked by Wärtsilä in Q2, […]

The natural gas industry is doing quite well and the future looks bright to many observers. “We’re at a really great moment for the natural gas industry in the U.S. Production is growing dramatically. Shale continues to provide tremendous improvements technologically, bringing the cost down and growing the production, extending access to U.S. gas. At […]

Hurricane season is underway and summer heat already has arrived in many areas, which again puts the spotlight on utilities, the power grid, and disaster response plans after a series of major weather events and wildfires caused outages and other disruptions in the U.S. and Caribbean in recent years. “We’re seeing these events occur, and […]

Through a series of incentives and mandates, New Jersey is planning to produce 100% of its power from carbon-neutral sources, electrify its vehicle fleet and building sectors, and set mandatory efficiency standards for electric utilities by 2050, an energy blueprint released by the Board of Public Utilities (BPU) suggests.  The June 10-released “Draft 2019 Energy […]

Energy Secretary Rick Perry said coal and nuclear power must be part of the nation’s “all of the above” energy strategy, but the Department of Energy (DOE) does not have the “regulatory or statutory ability” to establish economic incentives for struggling U.S. coal and nuclear plants. Perry, who addressed the Edison Electric Institute’s (EEI’s) annual […]

Utilities need to adapt as businesses continue to focus on sustainability, looking for cleaner energy sources and viewing such measures as an opportunity to create value, according to a Deloitte study released June 11. What’s less-focused is residential consumers willingness to adopt sustainability improvements, with cost and convenience playing a large role in their choices, […]