Markets

In line with global emissions targets, energy markets are moving ever more quickly to take up renewables. Such a move is obviously important to ensure carbon reduction targets can be met. This does however create an issue—one that’s not been given the attention it deserves—of the impact this has on the conventional power plants that […]

July marks two important milestones that set gas-fired generation on its course to becoming a dominant form of power generation: commercial operation of the world’s first industrial gas turbine in Neuchâtel, Switzerland, in 1939, and commercial operation of the first gas turbine in the U.S. used to generate electric power—a 3.5-MW General Electric (GE) unit […]

Faced with the challenge of making the right moves to accommodate a swiftly changing energy ecosystem, one question draws into sharp focus for generators and the entire power and utilities industry: What will their role become in the years ahead, considering evolving portfolio mixes and changing industry dynamics? Leaders know there’s a very real possibility […]

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

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

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

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, 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

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 […]

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 […]