Markets
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Press Releases
KBC launches new release of high-fidelity analytics technology for optimal operation of energy across the process industries
Visual MESA™ Multi-Period Optimizer (VM-MPO) 6 will reduce costly uncertainty in planning, scheduling and trading of energy over multiple time periods across portfolios of generation assets and different asset classes Houston, TX, February 4, 2019 – KBC (A Yokogawa Company) today announced the release of a new high-fidelity analytics technology, VM-MPO 6. It will allow […]
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IIOT
DOE and FERC Mull Incentivizing Cybersecurity, Physical Security of Power and Gas Infrastructure
The U.S. Department of Energy (DOE) and Federal Energy Regulatory Commission (FERC) want to explore how federal and state authorities could incentivize cybersecurity and physical security in the power and natural gas sectors. The agencies issued a notice on Feb. 4 announcing they would jointly hold a technical conference on Thursday, March 28, 2019, from […]
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Environmental
Energy-Efficiency Programs Benefit Us All
Utility-sponsored energy-efficiency programs have always seemed like a contradiction to me. Obviously, power companies make money by selling electricity, so encouraging customers to install energy-efficient
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News
COP24’s Hefty Impact on the Power Sector
Two weeks of intense negotiations at the 24th meeting of the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP) in Katowice, Poland, last December culminated in
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History
Hydro: An Old Generating Dog Can Offer New Tricks
Hydroelectric power doesn’t get much attention in today’s discussions of how to generate electricity, particularly in a world looking to boost renewable technologies such as wind and solar. But the oldest
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News
Powering the Dragon: How China’s Power Sector Is Evolving
China’s power sector reforms represent perhaps the world’s largest industrial reform program, with important consequences on both domestic and global levels. In 2015, Erdaoqiao, a settlement in southwest
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News
Polar Vortex Tests Resiliency of U.S. Power System
Brutally cold temperatures in the midwestern and northeastern U.S. spurred grid operator alerts as natural gas demand has surged, power prices have soared, and there have been forced generator outages. The polar vortex, an extreme cold event characterized by back-to-back cold fronts, has so far prompted states of emergency in Wisconsin, Illinois, and Michigan. On […]
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News
Colstrip Power Plant Threatened by Westmoreland Bankruptcy
The Colstrip Power Plant, a four-unit, 2,094-MW coal-fired station located about 100 miles east of Billings, Montana, could see its coal supply contract nullified as a result of Westmoreland Coal Co.’s Chapter 11 bankruptcy reorganization. Westmoreland operates the 25,000-acre Rosebud coal mine, among others. Rosebud is adjacent to the Colstrip plant and supplies almost all […]
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News
GE Restructure Will See Leaner Power but Heftier Renewable Energy Division
GE has announced it will integrate its renewables, grid, and energy storage assets into a simplified, single business that nearly doubles the size of its Renewable Energy division, as the company banks on the accelerated uptake of grid-connected renewables worldwide. The expansion will see GE’s grid solutions, solar solutions, and storage businesses move from GE […]
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News
After 18 Months of Dramatic Turns, Hydro One-Avista Merger Deal Officially Dead
Hydro One, Ontario’s largest transmission and distribution provider, and Spokane, Washington–based U.S. utility Avista Corp., have dropped their merger, citing separate denials of the $5.3 billion deal by regulators in Washington and Idaho. The companies said on Jan. 23 they “mutually agreed” to terminate a merger agreement they announced in July 2017. As required by […]