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The power purchase agreement, commonly called a PPA, is a fundamental element to the development, construction, and financing of power generation projects. Like many things in the power industry, the PPA is

The Federal Energy Regulatory Commission (FERC) in September issued Order 2222, a final rule to remove barriers for distributed energy resource (DER) aggregators to participate in the wholesale capacity

The last few months have seen the power sector plagued with enduring lower power prices, exacerbating the continued negative impact on power generation companies and electric utilities. There are a number of

Feasibility Study Set for Netherlands’ CCS Plan. Neptune Energy in mid-December announced a feasibility study to develop a carbon capture and storage (CCS) plan for the Netherlands. The study will look at

As countries around the world set more stringent emissions standards, stationary gas engine operators are often required to incorporate new technology into their equipment. The changes can affect lubricants

An official with Iran’s Thermal Power Plants Holding Co. (TPPH) said the country’s first government-owned F-class power plant has entered operation, part of Iran’s continuing plan to add more natural gas-fired power generation. The plant is located in Iran’s southern Hormozgan Province, which is across the Persian Gulf and Gulf of Oman from Oman and […]

With COVID-19 filling the news throughout 2020, it’s very likely you missed some of the most important developments that occurred in the power sector this year. Here’s a look at some of the highlights and big stories covered by the POWER staff this year. MOX Nuclear Fuel Loaded In January, Russian engineers announced the loading […]

Italy’s Enel is decommissioning one of its coal-fired power plants in Chile two years sooner than originally planned, with the unit’s closure coming two days after the Chile-based unit of a U.S. utility announced it would accelerate the closure of a pair of coal-fired power plants in the country. Enel on Dec. 31 is closing […]

Over the past year, power generators that depend on wholesale electricity markets for the bulk of their revenues endured remarkable pressure stemming from the pandemic, changing company business priorities, and environmentally driven policy shifts. But customer-centric efforts, founded on principles of healthy competition, have helped them persevere, said the Electric Power Supply Association (EPSA).  The […]

Innovation in the design of onshore wind turbines continues, with GE Renewable Energy announcing Dec. 28 that it will supply eight of the company’s 3 MW-137 turbines as part of the Phuoc Minh Wind Farm in Vietnam. Monday’s announcement comes just days after Siemens Gamesa Renewable Energy (SGRE) announced the largest deal ever for its […]