Renewables

Weak earnings associated with General Electric’s (GE’s) underperforming $10.1 billion investment in Alstom have prompted the giant conglomerate to rejigger its power business and lean more heavily on other segments. GE Power, the company’s long-standing and lucrative business unit that has installed 1.6 GW of the world’s installed capacity over its 125-year history, has also […]

GE and Exelon announced a multi-year agreement to deploy GE’s portfolio of Predix software solutions across the energy company’s six electric utilities to further enhance reliability and efficient service to its more than 10 million customers. Exelon’s six utilities will use these advanced analytics to further strengthen transmission and delivery systems. POWER Executive Editor Aaron […]

U.S. utilities continue to announce closures of financially troubled and older coal-fired power plants even as government officials work on a bailout plan to keep them operating. Owners of a coal plant in Montana that has only been online since 2006 informed the state’s Public Service Commission (PSC) last week of plans to shutter the […]

Federal Energy Regulatory Commission (FERC) Acting Chairman Neil Chatterjee, who has said he is “sympathetic” to a rule that would help prop up struggling U.S. coal and nuclear power plants, apparently is ready to move forward with an interim plan to keep financially troubled plants operating while his agency continues to consider a market-changing cost […]

Virginia regulators are ready to consider a proposal to join the Regional Greenhouse Gas Initiative (RGGI) in the Northeast, becoming the 10th state in the nation’s largest carbon-trading market. The move comes as newly elected governor Ralph Northam, a Democrat, prepares to take office in a state where the Republican-led legislature has shot down previous […]

Utilities across the country are gearing up for an attack on the power grid November 15 and 16. Thankfully, it’s only a drill. But in the event of an actual emergency, a real physical and cyberattack on the U.S. electricity infrastructure, GridEx IV—a biennial exercise conducted by the North American Electric Reliability Corp. (NERC)—will help […]

In the next 25 years, the world will turn increasingly to renewables and natural gas to meet energy demand, turning away from coal, according to the International Energy Agency’s (IEA) World Energy Outlook 2017 (WEO). As in previous years, the report makes predictions based on different scenarios. This year’s include a New Policies Scenario, which […]

ROCKLIN, Calif., November 14, 2017—SMA today announced that 13 Sunny Central Storage inverters are being used in the Los Angeles Department of Water and Power’s (LADWP) Beacon Energy Storage System, a 20 MW battery storage project at the Beacon Solar Plant in the Mojave Desert. The new storage project will be owned and operated by […]

Babcock & Wilcox Enterprises Inc. (B&W), which is already in the midst of a restructuring plan and ongoing cost controls, will slash 30% of its renewable energy workforce and implement cost-saving measures across the company to combat falling revenues. The global energy and environmental technology and services provider said as it announced its 2017 third […]

ExGen Texas Power (EGTP) Holdings LLC and ExGen Texas Power LLC, a subsidiary of Exelon Corp., on November 7 filed for Chapter 11 bankruptcy. The filing in U.S. Bankruptcy Court in Delaware is aimed at reducing the company’s debt, and four of EGTP’s five natural gas-fired power plants in Texas would be owned by lenders […]