News

Only months after ABB announced Hitachi would acquire a majority stake in its flagship power grids business for $11 billion, the company’s board of directors ousted CEO Ulrich Spiesshofer and officially launched a search for a new leader.  The Zurich-based technology giant said on April 17 that the board of directors and Spiesshofer “mutually agreed […]

GE Power will provide the company’s largest and most efficient gas turbine, the 9HA Orot Rabin project will feature Israel’s first HA and convert current coal-fired power station into country’s largest and most efficient gas power plant Additionally, GE will provide services for IEC through a 15-year services agreement IEC will also install GE software […]

Entergy on April 16 said it will sell its Indian Point Energy Center to Comprehensive Decommissioning International, a Camden, N.J.-based jointly owned subsidiary of Holtec International, a company buying nuclear plants that are closed or scheduled for retirement. Holtec in the deal will receive funds that Entergy has invested in a decommissioning trust, currently worth […]

Connecticut Gov. Ned Lamont on April 15 announced the Millstone Nuclear Power Station will stay open for at least another decade, thanks to a deal between Dominion, the plant’s owner, and utilities Eversource and United Illuminating, a subsidiary of Avangrid. Millstone, like other U.S. nuclear power plants, has been challenged by rising operating costs and […]

Niskayuna, NY – The Northeast Hydro Think Tank sponsors–GE Renewable Energy, Brookfield Renewable, New York Power Authority and the Hydropower Foundation–are pleased to announce that the competition begins May 20. The sponsors believe that hydro industry real-world problems can be tackled by the next generation of leaders through education and hands-on experience. This intense four […]

Testing of the Demonstration Begins at the Coso, California, Geothermal Field  Emeryville, California – April 16, 2019 – GreenFire Energy Inc. today announced the completion of construction and the beginning of testing of the world’s first field-scale demonstration of a closed-loop geothermal power system. The project uses an inactive well in the Coso, California, geothermal […]

The U.S. Supreme Court’s refusal to reconsider industry-led challenges to state nuclear subsidy programs in New York and Illinois leaves the contentious matter to the Federal Energy Regulatory Commission (FERC).  The high court on April 15 declined to accept petitions for review of decisions by the Second Circuit and Seventh Circuit, dealing a major blow […]

  The partnership is designed to develop new and innovative infrastructure projects meeting the growing need for sustainable investment in critical assets and services The companies will focus on delivering digitally-enabled and efficient critical assets by combining Carlyle Infrastructure’s investing and asset-operator expertise with smart energy management and automation solutions from Schneider Electric The partnership […]

Ohio lawmakers on April 12 announced a plan to provide financial support to the state’s two nuclear power plants by adding a surcharge to customers’ electric bills. The bill’s supporters said it also would generate as much as $300 million annually for clean power generation in Ohio, though the measure calls for abolishing mandates for […]

Legislation recently introduced in the U.S. House that would expand the federal solar investment tax credit (ITC) to energy storage technologies has gained the backing of major trade groups  representing the solar, hydropower, and wind sectors. The Energy Storage Tax Incentive and Deployment Act (H.R. 2096), introduced on April 4 by Reps. Mike Doyle (D-Pa.), […]