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The move by major oil and gas exploration companies into renewable energy has taken another significant step, as BP announced a $1.1 billion deal to buy the U.S. offshore wind power assets of Norway’s Equinor. BP in announcing the deal on Sept. 10 said it is taking a 50% stake in Equinor’s Empire Wind project […]

New Jersey on Sept. 9 opened a second state offshore wind solicitation that could triple its committed capacity from 1.1 GW to 3.5 GW. The state this week also laid out a final strategy for how it will achieve its November 2019–expanded offshore wind target of 7.5 GW by 2035.  New Jersey’s five-member Board of […]

A German plan to provide coal-fired power plant operators with money to offset financial losses, part of the country’s plan to incentivize the closure of coal plants as part of Germany’s plan to exit the fuel, has led energy giant Vattenfall to say it could close its 1.6-GW Moorburg coal plant in Hamburg by the […]

South Korea’s president said the country will shutter 30 more coal-fired power plants by 2034, and bring additional solar and wind power resources online in the next five years in order to meet emissions reductions targets. President Moon Jae-in made the announcement Sept. 8 in a speech he delivered virtually for the United Nations’ International […]

The U.S. Department of Energy (DOE) on Sept. 6 took the rare but drastic action of issuing an emergency order under the Federal Power Act (FPA) to authorize the maximum operation of three natural gas–fired facilities on the California Independent System Operator’s (CAISO’s) grid whose full capability had been stranded by federal air quality and […]

General Electric International Inc. (GE) and consortium partner Taiwanese engineering services firm CTCI have bagged a multi-billion-dollar engineering, procurement, and construction (EPC) contract for five combined cycle gas-fired power units in Taiwan.  The consortium will build three new units at the 3.9-GW Hsinta Power Plant and two new units at the 2.6-GW Taichung Power Plant. […]

The target in-service dates for two new reactors at the Vogtle nuclear power plant site in Georgia remain November 2021 and November 2022, respectively, Georgia Power said in a filing this week with the state’s Public Utility Commission. The utility on Aug. 31, in its “Twenty-third Semi-annual Vogtle Construction Monitoring Report,” said work on the […]

GE Hitachi Nuclear Energy (GEH) and Bill Gates’ nuclear innovation startup TerraPower are ready to demonstrate a “cost-competitive” advanced nuclear reactor system that will integrate a 345-MWe sodium fast reactor (SFR) with a molten salt energy storage system under a unique energy system architecture. The advanced nuclear technology developed under a joint development agreement is […]

Two new fuel cell-based electricity generation facilities have been “powered on” in the Gyeonggi province of South Korea. The new installations use Bloom Energy’s solid-oxide fuel cells. One of the power plants—a 19.8-MW installation—is located in Hwasung. It is the largest Bloom Energy project in South Korea, and the company’s second-largest in the world. The […]

Siemens announced the spinoff of its Power and Gas division on May 7, 2019. It was part of the company’s Vision 2020+ strategy. On Sept. 1, Siemens Energy laid out its post-spinoff plans during a virtual capital market presentation. Siemens Energy’s Portfolio Leading up to the event, Christian Bruch, who was appointed CEO of Siemens […]