News
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Markets
Distress and Deals Continue to Persist in Energy Sector
At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]
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News
Researchers: $71 Billion of Japan’s Coal Assets at Risk
Research from the University of Tokyo, along with that of two other groups, shows Japan’s coal-fired power plant fleet is at economic risk as the country adds more generation from renewable energy resources such as solar and wind. The report, called “Land of the Rising Sun and Offshore Wind,” released Oct. 6 and based on […]
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News
Protecting DEF from Extreme Cold Is Important
According to the Farmer’s Almanac, the winter of 2019–2020 will be filled with bitterly cold weather in the eastern parts of the Rockies and east to the Appalachians. The Northeast should also experience very cold temperatures. For municipalities, public utilities, landscapers, and others that are involved in outdoor work and snow removal, there is always […]
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Nuclear
Last Major Module Received at Vogtle Nuclear Site
The final major module needed to construct Vogtle Units 3 and 4—the only new commercial nuclear power units currently under construction in the U.S.—has arrived at the site near Waynesboro, Georgia. That means all 1,485 major modules have been manufactured and safely delivered to the project. Georgia Power announced the milestone in a press release […]
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News
Reports: Perry Will Resign as Head of DOE
Reports from several news outlets say that Energy Secretary Rick Perry could step down from that role as soon as November. The Washington Post on Oct. 4 said Perry plans to step down by year-end and return to the private sector. The Post cited four unnamed individuals who it said had been briefed on Perry’s […]
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Nuclear
Small Modular Reactors Gain Momentum in Europe
GE Hitachi Nuclear Energy (GEH) and NuScale Power, two leading companies in the race to build small modular reactors (SMRs) for power generation, have recently announced deals that could result to new plants being constructed in Europe. Feasibility Studies in Estonia GEH on Oct. 3 said it had signed an agreement with Fermi Energia OÜ, […]
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News
NETL: Coal Chemical Looping Combustion Closer to Commercialization
Chemical looping combustion (CLC), an advanced coal power technology that could markedly simplify carbon capture at power plants, has moved significantly closer to commercialization, owing to a breakthrough in oxygen carrier durability, the National Energy Technology Laboratory (NETL) said. The national laboratory, which is part of the U.S. Department of Energy (DOE), revealed on […]
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News
EIA: Renewables Will Account for Half of Global Power Generation by 2050
Solar power is expected to take a larger share of global power generation across the next 30 years, according to the U.S. Energy Information Administration (EIA), as renewable energy continues to be adopted worldwide. The EIA’s International Energy Outlook 2019 (IEO2019), released Oct. 2, shows 28% of the world’s power came from renewables in 2018, […]
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Nuclear
TITAN-2 and Framatome-Siemens Consortium sign contract for HANHIKIVI-1 NPP main I&C supply
CONCERN TITAN-2 JSC, contractor for building and supply of equipment for Hanhikivi-1 NPP construction, has signed today a contract with Framatome-Siemens, the French-German consortium, to supply Main Instrumentation and Control (I&C). The signature followed a competitive procedure with the participation of international companies that are market leaders in the field of integrated I&C solutions at […]
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Coal
CTCI Succeeds in Acquiring Mega Power Plant EPCC Contract in Vietnam
Taipei, Taiwan — Taiwan’s largest EPC contractor CTCI has been awarded an EPCC contract for Van Phong-1 1,320MW Thermal Power Plant BOT Project in Vietnam in cooperation with IHI Corporation, Toshiba Energy Systems & Solutions Corporation, and Doosan Heavy Industries and Construction Co., Ltd as consortium. The contract award marks a milestone for the company […]