International
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Coal
GE’s Immelt: It’s a World of “Slow Growth and Volatility”
We live in a world of “slow growth and volatility,” said Jeffrey Immelt, chairman and CEO of General Electric, but there’s an opportunity to “make a lot of money” if you have courage in such times.
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Coal
Nieto: Mexico’s Energy Transition Will Persevere Despite Dismal Oil Prices
Mexico’s ongoing energy reform is a “paradigm shift” in the way the country obtains, transforms, and exploits its energy resources, President Enrique Peña Nieto told attendees at IHS CERAWeek on February 22. The reform allows the state to maintain ownership of hydrocarbons underground, but it also encourages private participation in the entire hydrocarbon value chain […]
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Renewables
Morgan Stanley Investment Banker “Bearish” on New U.S. Nuclear
Despite the positive attributes of nuclear power—zero carbon emissions, reliable generation, low fuel costs, and a small footprint—the outlook for new nuclear in the United States is “bearish,” said Anthony Ianno, a Morgan Stanley managing director who follows the electricity business as an investment banker and dealmaker.
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Coal
Duke Energy Mulls Sale of International Power Plants
Duke Energy is considering the sale of all or most of its international power plants, about 4,400 MW dispersed throughout Central and South America. The company’s international business segment, Duke Energy International (DEI), was forced to make the disclosure in light of a required statement from its Brazilian subsidiary, Duke Energy International, Geração Paranapanema S.A. […]
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T&D
Fortis’ $11.3B Acquisition of ITC Holdings Marks Foray into U.S. Regulated Markets
Canadian utility Fortis wants to acquire ITC Holdings Corp., the largest independent electric transmission company in the U.S., to benefit from “low-risk” regulated power markets. The deal valued at about $11.3 billion will allow Fortis to enter the U.S. regulated power market overseen by the Federal Energy Regulatory Commission (FERC), providing a “unique, highly diversified, […]
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Partner Content
Case Study: MPW’s Emergency Response Pays Off for Virginia Power Station
INDUSTRIAL WATERMPW’s emergency response pays off for Virginia Challenge:
When a Virginia power station had an issue with its existing Reverse Osmosis [RO] process, it called on MPW to supplement its water needs during an excessively cold winter.
The plant lost RO functionality at one of its four power-production units, which would severely damage its ability to -
Legal & Regulatory
TransAlta Plays Defense with Coal Out, Renewables In
When it comes to a transition away from coal, TransAlta Corp. is playing political defense. The Canadian province of Alberta contains among the richest fossil energy resources in the world, including oil (and
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Renewables
Power Technology Innovations from the Developing World
In its recently released Energy Technology Perspectives 2015, the International Energy Agency (IEA) noted that innovation in the energy sector differs from progress in other sectors in that it tends to move
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Commentary
Fusion Power Illusions, Delusions, and Hope
Fusion provides the energy of the sun and all stars, but harnessing fusion for civilian electric power has proven exceptionally difficult. For over 50 years the U.S. government has pursued
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Renewables
POWER Digest (February 2016)
RWE Abandons Hard Coal Construction Project. RWE scrapped plans to complete the 800-MW Block D of the Hamm hard coal plant in the German state of North Rhine-Westphalia on December 18, citing damage and delays
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Renewables
Wind Funnel Generator Is Channeling Interest
A unique wind funnel–based power generating system that is quickly garnering interest from investors could see first construction kickoff in the first quarter of 2016. The INVELOX (short for “increased
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Nuclear
Russian Fast Reactor Connected to the Grid
In a leap for fast neutron power technology, Russia’s Rosatom has connected Unit 4 of its Beloyarsk nuclear plant in the Urals region to the grid. The 880-MW BN-800 unit–the latest generation of fast reactors
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Renewables
Chile’s Newest Hydro Plant Takes Shape in the Desert
Plans to build a pumped-storage hydroelectric plant in the world’s driest region won the approval of environmental regulators in Chile this December. The unique 300-MW project proposed by Valhalla Energia
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Renewables
Statkraft Ends Investments in Offshore Wind Projects
Europe’s largest generator of renewable power will no longer invest in new offshore wind projects and may postpone some international hydro plants. Norwegian state-owned power company Statkraft will stop
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Nuclear
Nuclear Newcomers Face Varying Hurdles
Nuclear ambitions fostered by some countries were tested by a variety of events at the end of 2015. Work Continues on Turkey’s Russian-Built Akkuyu Plant. Reports that Russia has halted construction of
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Legal & Regulatory
CHP and Other Technologies Could Breathe New Life into U.S. Coal-Fired Power Plants
Since the U.S. Environmental Protection Agency (EPA) released its “new source performance standard” on August 3, 2015, requiring new coal power plants in the U.S. to emit no more than 636 kg (1,400 lb) of
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Renewables
Bagasse and Blended Biomass Cogeneration Advances in the Cuban Sugarcane Industry
Advances in firing biomass, including bagasse, in Cuban sugarcane operations.
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Instrumentation & Controls
Malware Campaign Reportedly Prompts Large-Scale Blackout in Ukraine
Malware has apparently been used for the first time to prompt a large-scale power blackout. An attack was tied to a Dec. 23 blackout affecting about 1.4 million Ukrainians living in the Ivano-Frankivsk region, reported Ukrainian news media outlet TSN. However, Slovakian information security firm ESET later confirmed that the reported case “was not an […]
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Renewables
The Energy Industry in Xinjiang, China: Potential, Problems, and Solutions
The autonomous region of Xinjiang has an important strategic position in China’s economy—which consumes more energy than any other nation—yet several conditions limit the most effective use of its fuels. This article provides an overview of the situation. Since ancient times, the Xinjiang Uygur Autonomous Region (Xinjiang) has been in a particularly important position in […]
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Nuclear
Oil- and Gas-Rich UAE Banks on Nuclear Power
The United Arab Emirates (UAE) is a country flush with fossil fuels, so why does its government want nuclear power to form the backbone of its electricity supply? POWER interviewed Emirates Nuclear Energy Corp. CEO Mohamed Al Hammadi to find the answer and to learn more about the world’s largest in-progress nuclear construction project. Located […]
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Legal & Regulatory
The Generating Company Challenge: Manage Change While Maintaining Reliability
In mid-November, current members of POWER’ s Generating Company Advisory Team responded by email to a set of questions about their concerns, challenges, and new initiatives as they plan for the year ahead
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Renewables
The Energy Industry in Xinjiang, China: Potential, Problems, and Solutions [PRINT VERSION]
The autonomous region of Xinjiang has a strategic position in China’s economy, yet several conditions limit the most effective use of its fuels. This article provides an overview of the situation. A more detailed version, with maps and tables, appears here under the same title. Since ancient times, the Xinjiang Uygur Autonomous Region (Xinjiang) has held […]
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Legal & Regulatory
A Look Back at 2015: An Electric Year
From issuance of the final Clean Power Plan to mammoth mergers, 2015 will be remembered as a tumultuous year. Twelve months ago, as folks were emerging from an eventful 2014, POWER made some bold predictions, including that fuel economics will drive 2015 U.S. power markets, and the labor crunch will complicate the gas turbine arms […]
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Legal & Regulatory
THE BIG PICTURE 2015: The Year in Power Sector Infographics
POWER‘s monthly infographic sheds light on power sector trends globally, and in 2015, it highlighted changes in plant retirements, sector revenues, rule costs, workforce, emissions technologies, and electricity costs, among other subjects. January 2015: Baseload Retirements How coal plant retirements compare with retirements of other baseload generation sources. February 2015: Power Revenues How revenues for fossil power […]
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Legal & Regulatory
Power Minister: Load-Shedding Over in Ghana
Ghana’s Ministry of Power released a statement on Dec. 30 proclaiming the end of the country’s load-shedding program. The news may not be welcomed by all of the nation’s residents however, as many Ghanaians were reportedly looking forward to the power minister’s self-promised resignation, if load shedding had not been terminated by year end. Citi […]
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Nuclear
World’s Last Magnox Nuclear Reactor Shuts Down for Final Time
The Wylfa Nuclear Power Station—the last operating Magnox reactor in the world—came offline permanently on Dec. 30. Located in Anglesey, an island off the northwest coast of Wales in the UK, the plant entered service in 1971. Originally constructed with two 490-MW units, only Reactor 1 has been operating since 2012. The UK pioneered the […]
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Legal & Regulatory
PGE Takes Over Power Plant Construction After Abengoa Filing
Portland General Electric (PGE) assumed engineering, procurement, and construction (EPC) responsibility for the Carty Generating Station on Dec. 18, following the original EPC contractor’s default on its construction agreement. Construction began on the Carty plant on Jan. 9, 2014. It is being built in Oregon next to PGE’s existing Boardman Plant, which is scheduled for […]
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Renewables
Greece, Croatia, and Italy Chart a Course to More Solar Power
A status update and forecast for solar photovoltaic power in Greece, Croatia, and Italy.