Markets

  • The Clean Energy Conundrum

    The worldwide movement toward a clean energy future is barreling ahead. Most clean energy advocates seem to focus on wind and solar power as their resources of choice, and it shows, as the installed capacity

  • Chile Presents a Coal Exit Plan

    Chile, a country that relied on coal for about two-fifths of its power generation in 2016, in June announced it would mothball eight coal plants, totaling 23 GW, of its existing 28-plant coal fleet over the

  • Egypt Megaproject: An Expedited Power Transformation

    Winning POWER’s highest honor is a set of three gas-fired power plants and related infrastructure—the Egypt Megaproject—which was the single biggest order ever in Siemens’ long history. Completed in a

  • Hydropower Is Vital to Africa’s Future

    Africa has a number of power supply challenges, many of which can be overcome with renewable energy. Foremost among the options is hydropower. While large projects can meet stiff resistance in the development

  • The EU’s Power Provisions: Is Texas a Reliable Indicator?

    What does the 21st century power market look like? That is the question the European Union (EU) is attempting to answer with the new electricity regulation and revised electricity directive passed at the end

  • New Jersey’s First Offshore Wind Farm Will Be a Mammoth 1.1-GW Ørsted Project

    Danish renewables firm Ørsted’s 1.1-GW Ocean Wind project is the winner of New Jersey’s first award for offshore wind, the New Jersey Board of Public Utilities (NJBPU) said on June 21.  Ørsted, with support from Public Service Enterprise Group’s (PSEG’s) non-utility affiliate, vied for the award with two other offshore wind developers that submitted bids […]

  • Apagón: A Blackout Sweeps South America

    Authorities have initiated a far-reaching investigation into an unprecedented blackout that on June 16 hit a wide swath of South America—most of Argentina and Uruguay, and parts of Paraguay—affecting tens of millions of people.  The massive blackout—apagón—is thought to have originated in a disturbance that affected two high-voltage lines, Colonia Elia Y Mercedes and Colonia […]

  • EPA Finalizes ACE Rule, Replaces Clean Power Plan

    The Environmental Protection Agency (EPA) has issued a final Affordable Clean Energy (ACE) rule to formally replace the Obama administration’s controversial Clean Power Plan (CPP).  Like the CPP, the June 19–issued final ACE rule will regulate greenhouse gases (GHGs), and it will be founded firmly on the agency’s 2009 Endangerment Finding. However, the ACE rule focuses […]

  • Future May Not Be as Rosy as It Seems for Natural Gas [PODCAST]

    The natural gas industry is doing quite well and the future looks bright to many observers. “We’re at a really great moment for the natural gas industry in the U.S. Production is growing dramatically. Shale continues to provide tremendous improvements technologically, bringing the cost down and growing the production, extending access to U.S. gas. At […]

  • New Jersey’s 100% Clean Energy Goal Imperils Gas Generation

    Through a series of incentives and mandates, New Jersey is planning to produce 100% of its power from carbon-neutral sources, electrify its vehicle fleet and building sectors, and set mandatory efficiency standards for electric utilities by 2050, an energy blueprint released by the Board of Public Utilities (BPU) suggests.  The June 10-released “Draft 2019 Energy […]

  • In a Surprise Announcement, Colstrip Units 1 and 2 to Close by Year-End

    Talen Montana—part-owner and operator of the Colstrip Steam Electric Station—announced that Units 1 and 2 at the coal-fired power plant will be retired by year-end, well ahead of a previously announced July 2022 closure date. “The decision to retire Colstrip Units 1 and 2 comes after extensive review and exhaustive efforts over the last few […]

  • GE Launches New Analytics Technologies to Boost Grid Efficiency 

    General Electric (GE) has rolled out a new portfolio of predictive analytics that could allow utilities to use data from transmission and distribution networks to achieve better operational efficiency as more distributed assets are introduced to the grid.  The company on June 11 unveiled three new grid analytics—for storm readiness, network connectivity, and effective inertia—that […]

  • How the U.S. Is Investing in Advanced Coal Technologies

    The U.S. is investing heavily to ensure its future coal-fired power fleet will be cleaner, more efficient, and more flexible, experts said at the 9th International Conference on Clean Coal Technologies in Houston on June 4. The conference—which is taking place this week in the U.S. for the first time—is spearheaded by the IEA Clean […]

  • How Residential Energy Storage Could Help Support the Power Grid

    Household batteries could contribute to making the grid more cost effective, reliable, resilient, and safe—if retail battery providers, utilities, and regulators can resolve delicate commercial, operational, and policy issues. The growth of battery storage in the power sector has attracted a great deal of attention in the industry and media. Much of that attention focuses […]

  • Where Is the Microgrid Market Headed?

    Increasingly, today’s electric power grids are interacting with microgrids and in more complex ways. Yet, much work needs to be done to integrate microgrids and flexible demand into the wide-area synchronous

  • IIoT and the Future of Hydropower

    Hydropower has evolved through multiple industrial revolutions. Today, the Industrial Internet of Things (IIoT) and Industry 4.0 offer solutions to take the industry to a whole new level. Rules-based analysis

  • The POWER Interview: GE Unleashing a Hydrogen Gas Power Future

    Since the 1940s, when General Electric (GE), launched its gas turbine operations, the company has pioneered and commercialized a lengthy list of gas turbine technologies, large and small. As the decarbonization movement gains pace and more renewables flood the landscape, the company’s gas turbines have taken on new crucial roles to provide dispatchability and flexibility. […]

  • Governor Cuomo Announces $5 Million Available to Support Modernization of New York’s Electric Grid

    State Seeking Proposals to Help Modernize New York’s Electric Grid and Support the Integration of Clean Energy Resources to Improve Resiliency Supports Green New Deal – a Nation-Leading Clean Energy and Jobs Agenda That Puts New York State on a Path to Carbon Neutrality Governor Andrew M. Cuomo today announced that $5 million is available […]

  • MHPS, Magnum Will Build 1-GW Renewable Energy Storage Facility in Utah

    Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development, the owner of a large and geographically rare underground salt dome in Utah, have teamed to develop a massive project that could store up 1,000 MW of renewable energy year-round and provide it to variability-challenged Western power markets.  The companies this week signed a memorandum of understanding […]

  • Nuclear Power Needed for Clean Energy Future

    “Without action to provide more support for nuclear power, global efforts to transition to a cleaner energy system will become drastically harder and more costly,” Fatih Birol, executive director of the International Energy Agency (IEA), wrote in his foreword to the IEA’s recently released report titled Nuclear Power in a Clean Energy System. The report […]

  • Illinois Passes Landmark Coal Ash Legislation

    Illinois on May 27 became the third state in the nation to pass legislation requiring coal ash protections beyond federal requirements.  The state’s House passed the Coal Ash Pollution Prevention Act (SB 9) in a 77-36 vote on Monday, only weeks after Senate passage of the bill in a 39-9 vote on May 9. The […]

  • Power Company Business Models Are Evolving [PODCAST]

    The power industry is changing and power companies must evolve to stay competitive. Many businesses are transitioning from vertically integrated, centralized utility structures to more-distributed models. JEA offers a good case in point. JEA is a not-for-profit, community-owned utility located in Jacksonville, Florida. It serves an estimated 466,000 electric, 348,000 water, 271,000 sewer, and 11,000 […]

  • GE Gains Vattenfall’s Backing for Massive 12-MW Offshore Wind Turbine

    Swedish utility Vattenfall will take up deployment of the massive 12-MW Haliade-X offshore wind turbine in Europe, marking a major milestone for GE Renewable Energy’s effort to boost sales of the largest turbine currently on the market.  The two companies agreed to cooperate after a year of “intensive exchanges during which Vattenfall conducted an in-depth […]

  • GE Is Banking on Africa’s Burgeoning Power Market

    Sub-Saharan Africa’s power generation capacity is projected to surge 4% annually through 2040, and its current energy mix—which is today dominated by hydro and coal—will likely be more diversified as interest rises in renewables such as solar and wind, General Electric (GE) said in a white paper surveying market opportunities in the region that it […]

  • Industrial Gas Turbine Demand Grows [PODCAST]

    When it comes to gas turbines, size matters. Although the market for large, heavy-duty gas turbines has been challenging in recent years, demand for industrial gas turbines—generally units with output ranging from about 5 MW to 100 MW—has been growing, according to Reed Lengel, product line manager for SCC-800 solutions with Siemens Energy. “When you […]

  • GE Tops MHPS, Siemens in 1Q Turbine Orders

    General Electric, Siemens, and Mitsubishi Hitachi Power Systems confirmed their gas turbine sales for the year’s first quarter, with GE taking the top spot with six orders for its advanced HA-class unit. The three companies on May 14 confirmed the numbers to Reuters. GE, which had no sales in the same period a year ago, […]

  • Insights Into Siemens’ Stunning Gas and Power, Renewables Shakeup

    In the days following its May 7 announcement that it will spin off its Gas and Power business, Siemens has fleshed out how and when the carveout will occur, laid out its reasons for lumping its energy businesses together, and put forth a market case for why a business separation may be a “win-win” situation […]

  • ERCOT Warns of Summer Emergency Conditions as Demand Continues to Soar

    The Electric Reliability Council of Texas (ERCOT) has issued a fresh warning that continued “above-normal” growth in electric demand could require it to enter Energy Emergency Alert (EEA) status to maintain system reliability this summer.  As it released its final Seasonal Assessment of Resource Adequacy (SARA) for the upcoming summer season (June to September), a preliminary […]

  • Siemens Will Exit Power, Gas, Renewable Businesses

    Siemens will spin off and give up its majority stake in its lucrative Gas and Power division—comprising its conventional power generation, power transmission, oil and gas, and related services businesses—and transfer its current majority 59% stake in Siemens Gamesa Renewable Energy (SGRE) to the new business. The company’s supervisory board announced the spinoff on May 7 […]

  • EPA Will Issue Final Carbon Rules for Power Plants in June

    The Environmental Protection Agency (EPA) plans to take final action to repeal the Clean Power Plan in June 2019, a federal court filing shows. The agency told the D.C. Circuit—in a May 6 status report—review of the Obama-era rule that sets the first carbon dioxide limits for existing power plants “continues to be a high […]