Gas

The accelerated retirement of coal-fired and nuclear generation by 2022 could adversely affect reliability in four regions, including in the East and over parts of the central U.S., the North American Electric Reliability Corp. (NERC) warned as it released findings from a “stress-test” scenario.  But the entity tasked with ensuring reliability and security of the […]

There’s never a dull moment in the power industry, and like most years, 2018 was filled with many interesting developments. As it has been for more than 135 years, POWER was there to break the news. The following 10 articles were the most-read online stories of the year. #10: New York Denies Air Permit for […]

Dominion Energy’s bid to purchase SCANA Corp. and its South Carolina Electric & Gas (SCE&G) utility, approved by South Carolina regulators on Dec. 14, could bring some stability to SCANA. Shareholders hope that’s the case; they’re excited about swapping their devalued SCANA shares for more valuable Dominion stock. Workers, though, remain uncertain about their futures, […]

Hitachi Ltd. and ABB on December 17 announced that Hitachi will acquire 80.1% of ABB’s Power Grids unit in an $11 billion deal. Reports of the possible acquisition surfaced December 16, with several media outlets including POWER  discussing the agreement, citing sources familiar with the deal who asked not to be identified. Hitachi plans to […]

CPV and Osaka Gas USA solidify shared commitment to helping meet energy demands in the U.S. Silver Spring, MD, Dec. 17, 2018 (GLOBE NEWSWIRE) — Competitive Power Ventures (CPV) has finalized the sale of 25 percent of its ownership interests in the CPV Towantic Energy Center (CPV Towantic) to Osaka Gas USA (OGUSA). CPV and […]

Hitachi Ltd. and ABB could announce an $11 billion deal as soon as December 17 in which Hitachi will acquire 80% of ABB’s power grids unit. Reports of the possible deal surfaced December 16, with Bloomberg and others citing sources familiar with the agreement who asked not to be identified. Neither ABB nor Hitachi commented […]

In a move widely applauded by the power industry, the Environmental Protection Agency (EPA) and Department of the Army proposed a new definition of “waters of the U.S.” (WOTUS) that could exempt groundwater and ditches from regulation under the Clean Water Act (CWA).  The measures follow other recent significant regulatory actions by the agency. On […]

Siemens on December 11 said it would lay off about 200 workers at a gas turbines parts and components service center in Houston, Texas, sometime in late 2019 or early 2020. A company spokesperson made the announcement Tuesday, saying the cuts are due to weak global demand for the company’s turbines. Siemens in a statement […]

The Federal Energy Regulatory Commission (FERC, the Commission) took several actions in November to address impacts from the Tax Cuts and Jobs Act (the Tax Act). FERC had previously issued a Notice of Inquiry seeking comments on how to address the impact of the Tax Act’s reduction in the corporate federal income tax (FIT) rate […]

A novel floating power plant that combines a 145-MW gas-fired combined cycle power plant and a battery energy storage system could begin operating in the Dominican Republic by early 2021.  Siemens and the marine arm of Singapore-based ST Engineering on December 3 said they jointly received an order for a SeaFloat barge-mounted power plant from […]