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Engineering, procurement, and construction (EPC) contracts are agreements in which a contractor is given major project responsibilities under a single contract established with an owner or developer. A

Electric utilities are entering an era of growing investment opportunities following a decade of low load growth. However, there is increasing evidence that regulators are growing more concerned about the

Employing artificial intelligence (AI) in the power industry may seem like a futuristic concept, but the truth is that it’s available in several innovative applications today. Power companies that tap into

Although cooperatives may not have the financial resources of large investor-owned utilities, valuable digital solutions are still within their grasp. Because they have fewer resources to employ, co-ops may

As renewable energy capacity increases on power grids, battery energy storage systems become more and more important. While lead battery technology is not new, it is evolving. Advanced lead batteries offer a

Turbines are by far the single most-costly piece of equipment for many energy businesses, which highlights the importance of lubrication for these assets. Although turbine oil could last for more than a

The framework for a better power grid should include distributed energy resources as a key part of the transition. When you think of the energy system of the future, what do you imagine? Ideally, you’d

This commentary from Siemens USA notes how the push for electrification promotes cleaner energy, sustainability, and efficiency. The “electrification of everything” is underway to not only decarbonize, but

India’s state-owned energy company NTPC said the company produced a record amount of electricity on an annual basis over the past fiscal year, with the utility’s coal-fired power stations recording a plant load factor, or capacity utilization, of 77%. NTPC, the former National Thermal Power Corp., in a statement published March 31, said it generated […]

Two German energy companies said they shut down seven coal-fired power plants over the Easter holiday weekend, taking more than 3,000 MW of generation capacity offline for decommissioning. The German government, which already has called for an end to coal-fired power generation in that country, had allowed the units to continue operating through the winter […]