Gas
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Renewables
Report: Technology, Renewables Will Grow Turbine Market
The growth in power generation from renewable energy sources, along with the continued shift from coal-fired generation to natural gas, is expected to drive the global market for turbines over the next several years, according to a report released by international business analysts Research and Markets. The Dublin, Ireland-based company in an April 25 news […]
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Press Releases
Wärtsilä 130 MW Flexicycle power plant will help Senegal lower energy costs and integrate more renewable energy
The technology group Wärtsilä continues its strong presence in Senegal with the signing of a contract to engineer, manufacture and deliver a 130-MW Flexicycle plant to be an integral part of Senegal’s energy future. The Malicounda power project in Mbour is located 85 km from the country’s capital Dakar. The order, booked in March, was […]
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Renewables
CenterPoint, Vectren Merging in $8 Billion Deal
CenterPoint Energy, a Houston, Texas-based natural gas and electric utility company with sales and services operations in more than 30 states, on April 23 said it would buy Evansville, Indiana-based Vectren in a deal valued at more than $8 billion, including the assumption of more than $2 billion in Vectren debt. Both companies in statements […]
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Press Releases
Siemens secures H-class gas turbine order from China
Siemens secured its first H-class gas turbine order in Mainland China. The company will supply two H-class gas turbines, two steam turbines and four generators for a power plant project in Guangdong Province. The customer is Huadian Fuxin Energy Corporation Limited (Huadian Fuxin), a subsidiary of China Huadian Corporation Ltd (CHD), one of the five […]
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Renewables
Distributed Energy Systems Are Reliable Solutions [PODCAST]
More and more people are finding distributed energy solutions are the answer for their power resource challenges. Distributed energy comes in many forms. Renewables such as solar and wind are top-of-mind when most people think of distributed resources, but natural gas-fired generation is often a good fit too, because it adds reliability to the system […]
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Renewables
Group Says RGGI Has Generated $4 Billion in Economic Activity
A study from an economic, financial, and strategy consulting group says the Regional Greenhouse Gas Initiative (RGGI), a multi-state program designed to cap emissions from power plants in the northeastern U.S., has generated $4 billion in net economic activity even as it has increased electricity prices in the region. The report from the Analysis Group, […]
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Press Releases
GE Signs Historic $300M Transactional Services Deal to Help Improve Maintenance Inspections of 11 Petrobras Power Plants in Brazil
BADEN, SWITZERLAND (April 16, 2018) — In a historic agreement, GE’s Power Services business (NYSE: GE) announced today that it will service power generation equipment in 11 power plants owned by Petrobras, Brazil’s majority state-owned oil company. Valued at more than $300 million, the deal represents GE’s largest transactional power generation services agreement in Latin […]
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Legal & Regulatory
Proposed Power Plant Sparks Debate in New Jersey
Debate continues over a proposed $1.5 billion power plant that would be built in North Bergen, New Jersey, and would send electricity to New York City. The project includes a 1,200-MW combined cycle facility, along with a 6.5-mile 345-kV underground and submarine cable that would go through Bergen County, under the Hudson River, and connect […]
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Press Releases
Siemens to deliver gas turbine packages, services for Petrobras’ Sépia FPSO
Project includes six SGT-A35 aeroderivative offshore gas turbine packages Contract includes a long-term service agreement Siemens Power and Gas, including its Dresser-Rand business, received an order for four SGT-A35 gas turbine power generation packages and two SGT-A35-driven DATUM CO2 compressor packages for MODEC’s Sépia floating production, storage, and offloading (FPSO) vessel. The vessel, which is […]
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Renewables
[SLIDESHOW] A Decade of POWER’s Plant of the Year Winners
A showcase of winners of POWER magazine’s highest accolade over the past decade (2017 to 2006). If you think your plant or project compares to these winners, submit a nomination form for the 2017 Plant of the Year or Top Plant awards to POWER‘s editors before the April 13 deadline. POWER magazine, which turned 135 years old this year, […]