Gas
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Gas
Benefits of Battery Storage-Based Black-Start Capability
Maintaining grid reliability and stability is increasingly challenging as renewable energy resources are added to the power mix. Combining battery storage systems with gas turbine units can improve overall
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News
GE Reports $1 Billion Hit to Cash Flow
General Electric (GE) on April 29 reported a steep drop in first-quarter revenue, with the industrial giant—like many companies—taking a major hit from the coronavirus pandemic. The company reported a year-over-year revenue decline of 8%, with posted revenue of $20.524 billion, and noted a $1 billion negative impact to cash flow during the quarter. The […]
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Press Releases
New Duke Energy reports show progress toward ambitious climate and sustainability goals
CHARLOTTE, N.C. (April 28, 2020) – Duke Energy (NYSE: DUK) today released a pair of data-driven reports outlining the company’s recent accomplishments and path to advance its critical environmental, social and governance (ESG) initiatives. The company’s Sustainability Report details the company’s performance in four key areas – customers, growth, operations and employees. The report also is available […]
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News
GE, Siemens, Utilities Take Hits From Coronavirus
U.S. power plant operators continue to change procedures at their facilities, including pushing back scheduled maintenance, due to lockdowns and quarantines associated with the coronavirus pandemic. The changes are impacting companies such as General Electric (GE) and Siemens, which are major service providers to power plants, at a time when these global companies already are […]
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Business
MHPS Will Rebrand as ‘Mitsubishi Power’
Flagship power plant and equipment firm Mitsubishi Hitachi Power Systems (MHPS) plans to change its name to “Mitsubishi Power” once it receives approval from antitrust authorities in several countries. The rebrand announced by the Yokohama, Japan–headquartered MHPS on April 24 will reflect a change in ownership announced in December, when Japanese technology conglomerate Hitachi said […]
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Gas
Natural Gas and Renewables as Natural Partners, Especially in Challenging Times
Earth Day is normally when we honor the headway made in advancing environmental and climate goals, while also reflecting on the challenges that remain before us. However, this year our society was caught up in a pandemic-induced economic downturn that has left Americans focused squarely on sensible preservation of ourselves, our families, and our way of […]
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Gas
GE Completes Major Inspection on SGT-800* to Modernize Bashkir Generation LLC’s Ufa TPP2 Plant to Help Cope with Russian Winters
GE’s modernization of Bashkir Generation Company LLC’s TTP-2 Plant was completed on time, successfully and safely The project is expected to extend the maintenance interval by 25% at the TPP-2 plant—equivalent to approximately seven months GE’s localized support through its GE Energy Technology Center in Kaluga, including a SGT-800* spare parts warehouse, ensures availability of […]
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POWER Podcasts
Solar Power Is Cheap and Getting Cheaper
In many locations, solar power is already the lowest-cost renewable energy alternative available. Some of the advantage stems from advancements made in manufacturing processes and economies of scale that solar companies have captured. Operating costs also factor into the equation—solar’s operating costs are minimal while operating expenses for wind power are more substantial. Still, Brendan […]
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Safety
Dropsafe Expands Barrier Range to Tackle Drops in All Conditions
Dropsafe aids expansion into a wider variety of operating environments in multiple industries with XE & ME models Hong Kong, 23rd April – Global leader in Drops prevention, Dropsafe, has announced today that it is expanding its Barrier range to meet industry demand for robust Drops prevention solutions across all environments. Industries such as power generation and […]
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Workforce
The Power Sector’s Most Crucial COVID-19 Mitigation Strategies
The latest version of the Electricity Subsector Coordinating Council’s (ESCC’s) resource guide to assess and mitigate COVID-19 suggests the U.S. power sector continues to grapple with key concerns involving control center continuity, power plant continuity, access to restricted and quarantined areas, mutual assistance, and supply chain challenges. In its fifth and sixth versions of the […]