Management

Siemens Energy announced an overhaul of its struggling wind power division on May 8, unveiling plans for a new CEO for its wind turbine business and also saying job cuts would be included in the plan. The news came on a day when the company raised its revenue outlook and also said it needed to […]

Energy transition is the “new normal” (or the only way forward in some peoples’ minds), which aims to reduce emission levels through various forms of decarbonization. Some of the key drivers are increased penetration of renewable energy into the energy supply mix and battery energy storage systems. While these measures contribute incrementally to decarbonization, the […]

Reliability measures implemented after Winter Storm Uri and Elliott were largely effective at averting distress on the power and natural gas systems during two severe arctic storms that swept across North America in quick succession in January, staff from the Federal Energy Regulatory Commission (FERC) and the North American Reliability Corp. (NERC) have reported. During […]

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships are reaching the end of their lifespan, and the sponsors and tax-equity investors in these projects need to be preparing for the future. In fact, […]

The manner in which industrial products are currently resourced is no longer fit for purpose. In terms of procurement and supply chain complexity, the traditional seller/buyer model perpetuates historic inefficacies in how one company does business with another. On a macro level, it holds back the urgent improvements required in global energy and power infrastructures […]

In 2002, the government of Saudi Arabia moved to step up the private sector’s role in the kingdom’s economy by opening the production of power and desalinated water. Saudi firms Abunayyan Trading Co., Abdulkadir Al Muhaidib & Sons Co., and MADA Group for Industrial and Commercial Development sensed a tremendous opportunity, forming ACWA Power Projects […]

Engineering, procurement, and construction (EPC) contracts are agreements in which a contractor is given major project responsibilities under a single contract established with an owner or developer. A

As renewable energy capacity increases on power grids, battery energy storage systems become more and more important. While lead battery technology is not new, it is evolving. Advanced lead batteries offer a

If you have paid any attention to nuclear power plant construction projects over the years, you know that there is a long history of cost overruns and schedule delays on many of them. In fact, many nuclear power plants that were planned in the 1960s and 1970s were never completed, even after millions (or billions) […]

North American electric utilities continue to grapple with the challenge of managing behind-the-meter distributed energy resources (DERs), according to the results of a survey of utility decision-makers published Feb. 15. A study of 100 leaders from utilities in the U.S. and Canada, commissioned by Siemens and done in partnership with Oxford Economics, found that “limited […]