Even in a pandemic, energy innovators are developing blockchain technology to implement powerful changes. From automating crude oil trading to amplifying the impact of renewable energy sources, innovations harnessing blockchain…
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The energy industry in Africa is staging a comeback after the pandemic’s significant economic impact over 2020. In 2021 and beyond, according to the Africa Energy Chamber (AEC), the revival…
Larger changes in the power industry are shaking up the engineering, procurement, and construction (EPC) business in the U.S. and abroad. Experts explain how the industry is fielding business impacts,…
The power purchase agreement, commonly called a PPA, is a fundamental element to the development, construction, and financing of power generation projects. Like many things in the power industry, the…
The last few months have seen the power sector plagued with enduring lower power prices, exacerbating the continued negative impact on power generation companies and electric utilities. There are a…
General Electric (GE) has taken a marked step to position itself in the global fight against climate change, advocating for immediate and effective power sector decarbonization through a replacement of…
Researchers at Lawrence Berkeley National Laboratory (LBNL) have found that a combination of lower capital, operating, and finance costs, in addition to better equipment performance, and longer useful lives, have…
General Electric (GE) has agreed to pay a $200 million penalty to settle claims by the U.S. Securities and Exchange Commission (SEC) that the company misled investors when it failed…
By 2025, the economics of low-carbon generation technologies are poised to disrupt conventional fossil fuel generation so dramatically, onshore wind could have the lowest levelized costs of electricity (LCOE) on…
RWE Generation will install 11 units of GE Gas Power’s freshly launched LM2500XPRESS power plant technology to provide a critical gas-power reserve in Germany’s reliability-challenged southern region. The project will…