Latest

Enterprise resource planning software has swept the power industry, promising to improve coordination and management. Has it lived up to the hype? One ERP vendor says the programs often underperform.

Central banks in the past 18 months have injected a flood of money into financial markets. This liquidity in the system has allowed many marginal companies to issue bonds and avoid looming bankruptcy. Now is the time to take steps to protect yourself from the effects of a failed business relationship.

Many leaders believe that an open door policy will improve employee communications and group productivity. On the other hand, there are five reasons why a closed-door policy may have more benefits to your organization.

Have you ever made a hiring mistake? The candidate had the right credentials, experience, and the price was right. When the new employee never meets minimum expectations, what should you do?

Progress Energy Florida provided an update to the Nuclear Regulatory Commission (NRC) and the Florida Public Service Commission (FPSC) on Monday regarding the status of its Crystal River Nuclear Plant. Based on an initial review, the company believes that repairing the unit is the best option, and it is taking steps to complete more detailed engineering and construction analyses. The company estimates that the unit will return to service in 2014.

On Monday, federal regulators renewed the operating licenses for Xcel Energy Inc.’s Prairie Island Nuclear Generating Plant, Units 1 and 2, which will allow the plant to run for 20 more years. Four days earlier, Xcel shut down its other nuclear plant in Minnesota to repair a valve.

Dominion Virginia Power on Monday asked the Virginia State Corporation Commission for approval to convert three Virginia coal-burning power plants to biomass, saying the proposal had "strong customer benefits" and fit well with the company’s commitment to produce 15% of its power from renewable sources by 2025.

A U.S. District Court jury on Tuesday acquitted Xcel Energy and its subsidiary Public Service Co. of Colorado of criminal charges on five counts stemming from an October 2007 fire at the utility’s Cabin Creek hydropower plant near Georgetown, Colo., that killed five workers.

California’s First District Court of Appeal on Friday ruled that the state Air Resources Board (CARB) can proceed with implementation of a carbon cap-and-trade system. The ruling grants the state regulator a temporary stay on an order, pending the court’s decision, to halt work on the program that was issued by a San Francisco Superior Court judge on May 20.

U.S. Energy Secretary Steven Chu announced on Tuesday that six projects in four states (California, Colorado, Florida, and New York) have been selected to receive nearly $7.5 million over two years to advance next-generation designs for wind turbine drivetrains.