Renewables

National Renewable Energy Laboratory (NREL) researchers estimate that installing floating solar photovoltaics on the more than 24,000 man-made U.S. reservoirs could generate about 10 percent of the nation’s annual electricity production. Their findings, published in the journal Environmental Science & Technology, reveal for the first time the potential for floating PV to produce electricity in […]

NV Energy plans to retire a 254-MW coal-fired unit in a power-constrained region of Nevada at the end of 2021, four years ahead of schedule. The company will instead purchase 1,001 MW from new solar photovoltaic projects equipped with 100 MW of long-term battery storage, effectively doubling its total renewable generation from 14% in 2017 […]

For decades the U.S. has relied on coal for much of its energy supply. States with abundant coal—Pennsylvania, West Virginia, Kentucky, and others—have towns and cities whose economies are driven by the coal industry. Now, as the coal industry declines and those areas struggle, the Trump administration wants to use taxpayer money to save coal […]

The accelerated retirement of coal-fired and nuclear generation by 2022 could adversely affect reliability in four regions, including in the East and over parts of the central U.S., the North American Electric Reliability Corp. (NERC) warned as it released findings from a “stress-test” scenario.  But the entity tasked with ensuring reliability and security of the […]

Heidenheim / Skopje. Technology group Voith has won an order for the manufacture, supply and commissioning of two StreamDivers for the small hydropower plant Gradiste in Macedonia. The company will also supervise installation and supply the gate valves. The power plant is set to go into operation early in 2020 and will supply clean power […]

Dominion Energy’s bid to purchase SCANA Corp. and its South Carolina Electric & Gas (SCE&G) utility, approved by South Carolina regulators on Dec. 14, could bring some stability to SCANA. Shareholders hope that’s the case; they’re excited about swapping their devalued SCANA shares for more valuable Dominion stock. Workers, though, remain uncertain about their futures, […]

Hitachi Ltd. and ABB on December 17 announced that Hitachi will acquire 80.1% of ABB’s Power Grids unit in an $11 billion deal. Reports of the possible acquisition surfaced December 16, with several media outlets including POWER  discussing the agreement, citing sources familiar with the deal who asked not to be identified. Hitachi plans to […]

Quimper, France, 17 December 2018. Sabella, a pioneering tidal and ocean stream turbine developer, has partnered with QOS Energy to improve the performance monitoring of its ground-breaking Ushant tidal energy project. The first 1MW tidal turbine of the plant, immersed 55 metres under water off the west coast of France, is equipped with more than […]

Valmet will supply automation technology to Pori Energia Oy’s Aittaluoto biomass power plant in Pori, Finland. The target of the company’s Aittaluoto 2020 project is to replace the outdated low-efficiency power plant processes, decrease the use of fossil fuels in energy production, and meet the operational requirements of the industry in the area. The modernization […]

Hitachi Ltd. and ABB could announce an $11 billion deal as soon as December 17 in which Hitachi will acquire 80% of ABB’s power grids unit. Reports of the possible deal surfaced December 16, with Bloomberg and others citing sources familiar with the agreement who asked not to be identified. Neither ABB nor Hitachi commented […]

Equinor, Mayflower Wind Energy, and Vineyard Wind placed winning bids totaling $405 million to begin planning wind farms WASHINGTON—A highly-competitive auction for three offshore wind lease areas off the coast of Massachusetts concluded today with winning bids totaling a record-breaking $405 million dollars from Equinor; Mayflower Wind Energy, a Royal Dutch Shell and EDP Renewables […]

Company’s New Sustainability Report Also Details Operational and Environmental Improvements NEW YORK – Consolidated Edison, Inc. (NYSE: ED) (“Con Edison”) announced today that its subsidiary has completed its previously announced purchase of a Sempra Energy subsidiary that owns 980 megawatts (MW) AC of operating renewable electric production projects and certain development rights for additional solar electric […]

Dallas, Texas (December 12, 2018) — Sammons Renewable Energy (SRE) today announced the acquisition of the 238 MW Rio Bravo wind project from Longroad Energy Holdings, LLC (Longroad). Rio Bravo is the second wind farm acquired by the company, bringing the wind portion of SRE’s portfolio to 400 MW. Franklin Park identified and assisted with […]

Siemens on December 11 said it would lay off about 200 workers at a gas turbines parts and components service center in Houston, Texas, sometime in late 2019 or early 2020. A company spokesperson made the announcement Tuesday, saying the cuts are due to weak global demand for the company’s turbines. Siemens in a statement […]

The South Korean government has pledged 4 billion Korean won (about $3.5 million) to support a blockchain-enabled virtual power plant (VPP) in Busan, the country’s second-most-populous city after Seoul. Busan officials said they have selected a project to build a VPP on a “citizens-shared” blockchain. Technology Aggregates Resources, Standardizes Transactions A VPP is a cloud-based […]

Siemens Gamesa Renewable Energy (SGRE) has secured a second order in Russia from Enel Russia, one of the country’s independent power producers (IPP), for the supply of 201 MW of wind turbines. The scope of the agreement includes supply, installation and commissioning of 57 Siemens Gamesa 3.X platform turbines at the Kola wind farm, located […]

The Federal Energy Regulatory Commission (FERC, the Commission) took several actions in November to address impacts from the Tax Cuts and Jobs Act (the Tax Act). FERC had previously issued a Notice of Inquiry seeking comments on how to address the impact of the Tax Act’s reduction in the corporate federal income tax (FIT) rate […]

Siemens Gamesa will supply 60 units of its SG 4.5-145 wind turbines with a flexible power rating of 4.2 MW to Enel Green Power’s Parque Amistad III and IV wind farms in Coahuila, Mexico Projects were awarded during the 2017 Mexican Auction Siemens Gamesa Renewable Energy made a big step forward in strengthening its product […]

The U.S. Senate on a 50-49 party-line vote December 6 confirmed Bernard McNamee to a seat on the five-member Federal Energy and Regulatory Commission (FERC), despite questions about his independence from the Trump administration and his previous comments in support of a bailout of coal and nuclear U.S. power plants at the expense of renewable […]

Siemens has been awarded an order to connect the Moray East offshore wind farm to the grid. Moray East is being developed by a joint venture company owned by EDP Renewables, a subsidiary of the Portuguese utility Energias de Portugal, ENGIE, a global energy and services group based in Paris, and Diamond Generation Europe Ltd., […]

TAIPEI, Taiwan (Dec. 5, 2018) — The Taiwanese market links the global supply chain; from Apple to IKEA Group, Google to Unilever it creates products and services the world depends on. These companies have also all committed to using 100% renewable electricity, now Taiwanese companies are making the shift. The CIER-RE100 Partnership Launch event happened […]

Nemo Link interconnector is a joint venture between the Transmission System Operators Elia (Belgium) and National Grid (UK), to exchange electricity up to 1,000 MW between the UK and Belgium, using high voltage direct current (HVDC) technology. Nemo Link connects the Belgian and the British power grid with a combination of subsea and underground cables. […]

POWER-GEN International kicked off on December 4 with a keynote presentation focused on evolving power generation schemes and changing business models. Gregory Lee, commission president with Orlando Utilities Commission (OUC), the municipally owned public utility that provides water and electric service to Orlando, Florida, and portions of other nearby areas, opened the conference by providing […]

Xcel Energy has announced its plan to move to 100% carbon-free power generation by 2050, with the utility also saying it will reduce carbon emissions by 80% by 2030, from 2005 levels. Xcel, headquartered in Minneapolis, Minnesota, serves customers in eight states and over the past two years has announced a significant number of renewable […]

BARBERTON, Ohio–(BUSINESS WIRE)–Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) announced today that its subsidiary, Babcock & Wilcox Loibl GmbH (B&W Loibl), has been awarded a contract for more than $20 million to supply a co-firing conveying system and other equipment to RWE Generation NL’s Amercentrale power plant in Geertruidenberg, Netherlands. When complete, the transport line […]

Average wind turbine capacity, rotor diameter, and hub height increased in 2017, continuing a long-term trend. One reason that wind producers choose bigger turbines is to optimize wind power project cost and performance, according to the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy. Source: U.S. DOE, 2017 Wind Technologies Market Report, […]

For decades, floating power plants have been used widely as a source of flexible, decentralized power generation for several reasons. Among them are that they can be built cost-effectively and rapidly; they

Most operators know that air should be kept out of a heat exchanger’s cooling water supply line. Air can collect in pockets and block flow, increasing velocities, increasing system resistance, decreasing

Power regulation in the U.S. is split between the federal and state levels, with the Federal Energy Regulatory Commission (FERC) having jurisdiction over the wholesale sales of electricity and the states

A myriad of issues come into play when parties execute power industry mergers and acquisitions. Part 2 of this two-part series looks at the issues involved with acquisition agreements, and some of the more