Renewables
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Press Releases
Voith modernizes high-performance machine in pumped storage power plant in Vianden, Luxembourg
More efficient electricity production: New motor-generator from Voith increases potential output of complete generating set by more than seven percent Faster response to changes in load requirements from the grid Special design for energy transfer saves rebuild costs Heidenheim, Germany. Voith has won the order to modernize a motor-generator in the Vianden pumped storage plant […]
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O&M
Power Industry Continues to Face Uncertainty and Change [PODCAST]
Tennessee Valley Authority (TVA) CEO Bill Johnson in an exclusive interview with POWER suggested that the power industry continues to face an uncertain future. Johnson said that during his 40-year career, he has seen more change in the last five years than in the previous 35 combined. Several indicators imply that will continue going forward. […]
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Press Releases
Xcel Energy Acquires Foxtail Wind Energy Center
MINNEAPOLIS (April 5, 2018) – Xcel Energy is continuing to transition its fleet to carbon-free energy in the Upper Midwest with the addition of the Foxtail Wind Energy Center located in Dickey County in south-central North Dakota. The 150-megawatt wind farm is part of the company’s vision to achieve 85 percent clean energy by 2030 by […]
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Renewables
PJM: More Than 3,600 MW Will Retire in 2018
Data from regional transmission organization (RTO) PJM Interconnection shows about 630 MW of power generation will be taken offline in the grid operator’s territory in April, with more than 3,600 MW scheduled to be retired this year, according to the organization’s website. This month’s deactivations are scheduled to begin April 16. Last week, Ohio power […]
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Renewables
Duke Energy Ready to Commission New Florida Gas Plant
Duke Energy Florida will commission both units of its new 1,640-MW Citrus gas-fired combined cycle power plant (Figure 1) by the end of 2018. The company on April 3 said the 820-MW Unit 1 will come online in September, with a second 820-MW unit entering service in November. Construction of the $1.5 billion plant began […]
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Renewables
EPRI: Electrification to Reshape Power Landscape
Even in the absence of climate policy, customer adoption of electric end-use technologies over the next 30 years is expected to spur steady growth in energy consumption, a new report assessing U.S. electrification from the Electric Power Research Institute (EPRI) suggests. The April 3–released report, “U.S. National Electrification Assessment,” is based on findings by EPRI’s […]
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Press Releases
Siemens Gamesa Reinforces Presence in Vietnam with new 39-MW Wind Farm
The Dam Nai wind farm will be equipped with 15 SG 2.6-114 turbines, with total capacity of 39 MW. Siemens Gamesa Renewable Energy (SGRE) continues to reinforce its presence in Vietnam where it will install and commission the Dam Nai wind farm with 39 MW for the independent operator, The Blue Circle, headquartered in Singapore. […]
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Press Releases
Siemens Gamesa awarded 120-MW expansion of Taiwan’s pioneering Formosa 1 offshore wind power plant
Only one year after the successful commissioning of Taiwan’s pioneering Formosa 1 Phase 1 offshore wind power plant, Siemens Gamesa Renewable Energy (SGRE) has been contracted to supply an additional 120 MW of capacity for Formosa 1 Phase 2. The contracts signed today are subject to the joint venture’s final investment decision and financial close, […]
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Press Releases
Global Virtual Power Plant Market Will Hit $5.5 Billion Value By 2023
NEW YORK (April 2, 2018) – According to the new research report published by P&S Market Research, global virtual power plant market is projected to reach $5,510.2 million by 2023, the market growth is mainly driven by the growing penetration of renewable energy sources in the energy mix across different parts of the world. Virtual power plant […]
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Infographics
THE BIG PICTURE [INFOGRAPHIC]: Changing Fleets
The generating fleets owned by some of the largest companies in the U.S. (ranked here by capacity in 2017) have transformed over the past four years, in some cases dramatically, as total revenues fluctuated. Sources: Fidelity Investments (revenue data standardized by S&P Capital IQ); EIA-860 detailed data; SEC 10-K filings, and company websites. —Copy and artwork by Sonal Patel, a […]