Gas
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Renewables
Siemens’ CEO: Sale of Turbine Unit Just ‘Media Speculation’
Siemens Chief Executive Joe Kaeser on June 19 said reports last week that the German engineering company was considering a sale of its gas turbines manufacturing unit are “media speculation.” Kaeser made the remarks during an event in Zurich, Switzerland. He told Reuters that his company wants to improve the performance of the turbine unit, […]
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Renewables
Analysts: Coal Generation Will Plummet More Than 70%
About half the world’s power will be generated by wind and solar resources by 2050. Generation from coal will drop more than 70% from today’s levels. That’s according to research from energy analysts published June 19 in the “New Energy Outlook 2018” (NEO) from Bloomberg New Energy Finance (BNEF). The NEO report outlines information from […]
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Gas
Memo: Siemens ‘Committed’ to Gas Turbines Unit
Siemens still hasn’t commented on reports it could be looking to sell its gas turbine business. But the managing board member responsible for the company’s power and gas division reportedly issued a memo to staff in the wake of those reports, saying Siemens remains committed to its long-time flagship product. Bloomberg, which on June 13 […]
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Press Releases
GE Power Announces New Achievements by HA Gas Turbine and Services Upgrades
GREENVILLE, S.C.—June 14, 2018—GE Power (NYSE: GE) today announced a growing list of accomplishments by its industry-leading HA gas turbine and its services portfolio—including the 26th HA in commercial operation and the new MXL2 with Additive Manufactured Performance upgrade for the GT13E2 turbine. These accomplishments reiterate GE Power’s unique position to help gas power producers efficiently […]
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Power
Siemens Reportedly Considering Sale of Gas Turbine Business
Siemens AG, the parent company of Siemens Power and Gas, is contemplating the sale of its lucrative but lately troubled gas turbine business, according to one major news outlet. Citing unnamed sources, Bloomberg on June 13 reported that the German giant may be considering the sale of its power and gas business, possibly to a […]
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Press Releases
New RINA Guidelines for Additive Manufacturing in the Power Industry
Genoa, Italy (14 June 2018) – RINA, a leading specialist in additive manufacturing, has announced the release of its ‘Guidelines for the certification of metallic products made by additive manufacturing’, for the Power industry. The use of additive manufacturing (or 3D printing) is expanding rapidly, especially as technology now enables the production of larger components […]
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Legal & Regulatory
FERC: There Is No Grid Emergency
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 […]
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Press Releases
SPX Mobile Display Trailer Highlights Advantages of Marley® Cooling Tower Components
Showcasing innovative gearbox, driveshaft, fan, and heat transfer fill options Overland Park, Kan. – SPX Cooling Technologies, Inc., a full-line, full-service industry leader in the design and manufacture of evaporative cooling towers and air-cooled heat exchangers, has outfitted an 18-foot mobile trailer with displays of field-erected cooling tower components. Visitors to the trailer can see […]
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Renewables
GE Will Cut Jobs, End Manufacturing at Virginia Plant
General Electric’s (GE’s) power unit has said it will end manufacturing operations at its plant in Salem, Virginia, next year, with more than 260 workers losing their jobs, according to union officials. Officials noted that 42% of the affected workers are eligible for retirement. The plan announced June 8 said the Salem plant, which opened […]
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Coal
Completion of Dunkirk Coal-to-Gas Repowering Project Uncertain
A long-stalled plan to repower NRG Energy’s coal-fired 435-MW Dunkirk power plant in Chautauqua County, near Buffalo, New York, to natural gas may be scrapped, owing to uncertainty involving New York Independent System Operator’s (NYISO’s) interconnection process, the company said. NRG mothballed all four units at the plant by January 2016 during four years of […]
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