POWERnews June 28, 2018
GE CEO: Company ‘Finished’ with Restructuring
General Electric (GE) saw its stock price surge more than 7% on June 26 after the company said it would dissolve its stake in oil services company Baker Hughes and…
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Trump Administration’s ‘All-of-the-Above’ Strategy Stresses Export Role for Natural Gas
The Trump administration, which is considering subsidizing baseload coal and nuclear power for resiliency and “national security,” is pursuing an “all-of-the-above” energy strategy that emphasizes natural gas exports, said Energy…
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First AP1000 Nuclear Units Reach Key Milestones
Two Westinghouse AP1000 nuclear power plants being constructed in China have successfully completed significant project milestones. Sanmen Unit 1—the world’s first AP1000 reactor—achieved initial criticality on June 21. Initial criticality…
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In Case You Missed It

Analysts: Coal Generation Will Plummet More Than 70%

About half the world’s power will be generated by wind and solar resources by 2050. Generation from coal will drop more than 70% from today’s levels. That’s according to research…

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Bill Codifying Federal Role in ICS Cybersecurity Clears House
A bill codifying the Department of Homeland Security’s (DHS’s) role in addressing industrial control systems (ICS) cybersecurity has cleared the U.S. House of Representatives. While H.R. 5733, “DHS Industrial Control Systems…
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Careers in Power
Principal Power Plant Controls Engineer
Provecta Process Automation LLC - Evanston, IL

Research Project Specialist 3: NRRI Chemistry and Materials Science Program Leader - University of Minnesota Duluth
Natural Resources Research Institute - Duluth, MN

Project Engineer Chilled Water
Orlando Utilities Commission - Orlando, FL

Director of Solar and Renewable Energy
McKinstry Company - Dallas, TX
 
GE to Sell Distributed Power Business to Private-Equity Firm
GE will sell its Distributed Power business, which includes the company’s Jenbacher and Waukesha engines, to Advent International, a global private equity investment company, in a deal worth $3.25 billion.…
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Puerto Rico’s Grid Needs Resiliency. Here’s Why It Won’t Be Easy.
Puerto Rico’s energy infrastructure must be redesigned and rebuilt with an emphasis on resilience—and that will require wide-ranging, long-term efforts, the Department of Energy (DOE) says in a new report.…
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Restructuring on Horizon for Siemens and GE
Siemens and General Electric, two rivals battling financial problems due to fewer orders for their flagship energy products and services, could each announce major restructuring moves in the coming weeks,…
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Grid Reliability and Resilience Pricing: FERC’s Rulemaking and How Our Energy Markets Are Responding
Kenneth W. Irvin and Christopher Polito1 Sidley Austin LLP - Washington, D.C. What is “resilience,” and do we need it? As anyone who has not been on Mars knows, last…
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Test Your Knowledge: Monitoring and Treatment of Closed-Loop Cooling Water Systems
There are often multiple closed-loop water cooling systems installed in a power plant. Chances are good that they cool or control temperature on some very critical components. It can be easy to ignore these systems because they…
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Want More? Check out these stories from POWER’s most recent issue:

Common Goals and Team Mentality a Winning Combination

Building the Case for Power System Hardening

Developments in Energy Storage Could Spell the End of the Duck Curve

Disaster Response: How Power Generators Prepare to Weather the Storm

Equipment Showcase: Boilers, Burners, Combustion

The Power Grid's Great Transition

 
Industry Press Releases
ABB, Ballard Power Systems Sign MOU on Zero-Emission Fuel Cell Power Plant

Maxwell Technologies Launches Advanced Energy Storage Power Delivery Solutions for Utility Grids and Microgrids

Gemma Power Systems and Balico Enter Into EPC Contract for 1,600 MW Chickahominy Power Project

Ice Energy announces long-term funding agreement with Argo Infrastructure Partners

Dulas Advises On Planning Changes To Power Welsh Hydro Sector In New Government Report

Siemens Gamesa secures Brazil’s largest-ever contract: 136 turbines for Iberdrola

Rebranded ‘MAN Energy Solutions’ Replaces Former MAN Diesel & Turbo Name