International

Most POWER readers are probably familiar with levelized cost of energy (LCOE) and levelized value of energy (LVOE) as metrics used to help evaluate potential power plant investment options. LCOE measures the average net present cost of electricity generation over a facility’s lifetime. It includes capital costs, fuel costs, operation and maintenance (O&M) costs, financing […]

The International Energy Agency (IEA) in a new report said global use of coal, including for power generation, is expected to reach a record 8.77 billion tonnes this year. The group said China’s continued use of coal in its power plants, along with the impacts of Russia’s invasion of Ukraine on global gas markets, means […]

An African banking group announced it will finance development of a 200-MW hydropower installation along the Lufira River in the Democratic Republic of Congo (DRC). The project is the African Export-Import Bank’s (Afreximbank) first private-sector renewable energy initiative in the DRC. Afreximbank is partnering with Kipay Investments SAS (Kipay). Officials on Dec. 18 said the […]

50Hertz, the transmission system operator (TSO) for eastern Germany, has awarded its Ostwind 4 project to GE Vernova, in consortium with Drydocks World, a DP World company that provides marine and offshore services to the renewable energy sector, among others. The project involves the design, construction, and commissioning of a 2-GW high-voltage direct-current (HVDC) electric […]

Wind turbine manufacturer Vestas said the company will supply, install, and commission dozens of the company’s 15-MW turbines for the 1.1-GW Inch Cape offshore wind project in Scotland. The company on Dec. 16 said the order is for 72 of Vestas’ V236-15.0-MW turbines. The Inch Cape site is in the North Sea, about 9 miles […]

A transformer explosion at Eskom’s coal-fired 3.6-GW Matla Power Station in Mpumalanga, South Africa, on Dec. 12 injured nine employees, including one critically. The incident, caused by a ruptured high-pressure steam pipe, has underscored challenges faced by Eskom’s generating fleet, even as the state-owned maintains its suspension of load-shedding. The incident, reported at 5 p.m. […]

Mitigating against the risk of hail for solar projects is both extremely complicated and more straightforward than you may think. Natural catastrophes (NatCat), particularly hail, pose a significant risk for solar projects and can lead to severe damage with cost impacts for projects and insurers. In this article, we look at the risk that hail […]

Amid growing pressure to optimize costs, dependability, and green initiatives, some power companies are beginning to reconsider their approaches to upgrading dated equipment. Refurbished elements provide a viable option to realize these objectives, enabling companies to address the challenges of power plant maintenance and upgrade. All plants need to be updated at some point in […]

GE Vernova secured a contract with 50Hertz Transmission GmbH to deliver advanced STATCOM technology, supporting Germany’s transition to a renewable energy future The 300 Mvar FACTSFLEX GFM solution, with Grid Forming Control, will enhance grid stability and resilience as Germany integrates more renewable energy sources STATCOM units will be deployed at key substations in Germany, […]

Cuban researchers have identified 21 areas in the country with favorable conditions for the installation of wind farms. These areas are mainly located on the north-central-eastern coast, from the provinces of Camagüey to Holguín, in the south of the eastern region and in the westernmost southern portion of Pinar del Río province. Alfredo Rodríguez, coordinator […]