Interview

Mitsubishi Hitachi Power Systems (MHPS) is betting heavily on digitalization’s potential to reshape the power sector. Earlier this year, the power equipment and technology firm established a new division, Intelligent Solutions, to develop and deploy solutions that create “sustainable, profitable growth for internal and external customers by optimizing their operation and maintenance systems. “With operational […]

There’s general agreement among industry analysts that sales of electric vehicles (EVs) will continue to grow. Those same analysts, though, may not agree on the pace of growth. BloombergNEF (BNEF) in its “Electric Vehicle Outlook 2019” report said it expects yearly passenger EV sales will hit 10 million in 2025, up from just more than […]

The rise of distributed, or decentralized, power generation has been supported by district energy, the generation from facilities and associated distribution networks supplying steam or hot water, chilled water, and electricity for heating and cooling to millions of square feet of building space across the U.S. and around the globe. District energy is among several […]

A recent study from Global Market Insights, a global market research and management consulting company, shows the value of the global transformer market will exceed $90 billion by 2026. The company has a market report dedicated to the global transformers market. Ankit Gupta, a research manager at Global Market Insights, recently answered some questions from POWER […]

Digitization in the power generation sector continues to expand. Its goal in simple terms—providing easy access to data for power plant operators and engineers, enabling the use of advanced analytics to improve equipment performance and efficiency—has resulted in reduced operating costs for utilities, and also has enhanced plant safety. POWER’s upcoming Connected Plant Conference, set […]

Power companies are turning to external suppliers and contractors now more than ever. Utilities are getting help with tasks ranging from the relatively simple, such as vegetation management and the handling of customer calls, to the complex, including turbine repair and large infrastructure projects. Although the benefits of utilizing contractors are often obvious, the dangers, […]

The term “digital twin” is used frequently by tech-savvy power industry professionals, but what does it really mean? To get an insider’s perspective, POWER posed the question to Akshay Patwal, strategic business manager with Siemens Energy. Patwal leads the development and commercialization of digital business transformation projects, using big data platforms and analytics, to create […]

Reliability and resiliency are buzzwords in today’s world of power generation. The focus is often on valuing those attributes, be it through subsidizing baseload power to make it more economically viable, or through other means. Reliable delivery of electricity, of course, also depends on cyber-resilient systems, at power plants and across the grid. Cyberattacks against […]

In a recent conversation with POWER, GE Digital CEO Pat Byrne discussed why GE made key changes to the lucrative business, streamlining it to focus on four key markets, including electric utilities and power generation.  GE has been at the forefront of the innovation in the energy sector since Thomas Edison formulated the essential requirements […]

The New York Independent System Operator (NYISO) has proposed incorporating the social cost of carbon into the wholesale price of electricity. According to an October-released study conducted by the consulting firm Analysis Group, “A carbon price in NYISO’s competitive wholesale power markets can help deliver New York’s clean-energy transition in faster, cheaper, more reliable, more […]