Renewables
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Renewables
Report: Investments in Coal Risky, Billions in Assets Could Be Stranded
A study from a London-based group focused on financial aspects of the energy industry said up to $60 billion of coal-fired power generation assets may be stranded in Southeast Asia in the next 10 years. The study released this week by Carbon Tracker said renewable energy resources and more-stringent environmental policies make investments in new […]
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Press Releases
X-ELIO and Sofos Harbert announce partnership to develop solar projects in the US
X-Elio and Sofos Harbert have entered into an agreement to create a Joint Venture for the development of solar energy projects in the US It is expected that the new company will be initially focused on the Southeastern market of the United States The new group has confirmed its intention to expand to other markets […]
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Renewables
NRG Renews Emphasis on Retail with PPA-Free Renewables Service
NRG Energy, which recently shed a substantial portion of its competitive generation portfolio and has shifted efforts to stimulate growth of its retail business, unveiled a simplified renewables procurement process that does not require a power purchase agreement (PPA). The company on October 18 launched “Renewable Select,” a plan that it says transforms the “lengthy […]
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Connected Plant
Companies Will Collaborate on Blockchain Tool for U.S. Power Market
A subsidiary of grid operator PJM Interconnection has joined with a Switzerland-based group to build and evaluate a blockchain-based tool to help the U.S. power generation industry. Energy Web Foundation (EWF) and PJM Environmental Information Services (PJM-EIS) on October 25 said they would collaborate on developing and testing a reference implementation of EWF’s open-source Energy […]
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IIOT Power
ServiceMax Launches New Predix ASM Software for Equipment Operators
Proactive equipment maintenance continues to be a priority for power plant operators. ServiceMax, a GE Digital company that provides field service management software, on October 25 announced it has launched its Predix ServiceMax Asset Service Management (ASM), a new offering to help operators “transform their entire asset maintenance process from a break-fix model to a […]
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Renewables
Reports: Trump Administration Supports GE Over Siemens in $15B Iraq Deal
Iraq signed a memorandum of understanding on October 15 to develop power plants in the country with General Electric (GE). The Financial Times on October 18 said the $15 billion deal was brokered after senior officials in the administration of U.S. President Donald Trump warned Iraq that relations with the U.S. would be threatened if Iraq […]
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Press Releases
Hevel Group Builds 70 MW of PV Plants in Kazakhstan
Kazakhstan Electricity and Power Market Operator (JSC “KOREM”) summed up the results of the final auction for the construction of renewable energy power plants. According to the results, Hevel Group was awarded a 15-year PPA for the sale of power from a 70-MW solar plant in southern Kazakhstan. Commissioning is planned for 2019-2020. “This tender […]
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Press Releases
HYDRO 2018: Voith and Siemens join efforts in establishing hybrid power concepts
Hybrid power approaches are becoming increasingly important for the generation and storage of clean, renewable energy The Voith Hydro Holding GmbH & Co. KG and the Siemens Energy Management Division sign Letter of Intent for collaboration in appropriate hybrid power projects containing hydropower Starting point of the collaboration will be the integration of hydropower into […]
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Legal & Regulatory
Distributed Energy Is Disrupting the Power Industry: Is the Sky Falling?
Utilities are faced with many disruptive changes in the power market. Customers are demanding cleaner energy and turning to distributed generation as a solution. One expert suggested power companies must react and evolve their business models to change with the times. During a keynote presentation at the Distributed Energy Conference in Golden, Colorado, on October […]
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History
Test Your Knowledge Archive
Test Your Knowledge The quizzes provided here offer an easy way to test your knowledge of various power-related subjects. If you want to learn more about the quiz topics, follow links to articles from the POWER archive, which are provided on each individual quiz webpage. Competitive Maintenance Strategies Quiz https://www.powermag.com/test-your-knowledge-competitive-maintenance-strategies/ Scaffold Safety Quiz https://www.powermag.com/test-your-knowledge-scaffold-safety/ Monitoring and Treatment of Closed-Loop […]
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