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The imperatives of maintenance management have always been maximizing the availability, quality, and effectiveness of the equipment. And all of these must be achieved at the lowest possible cost in terms of machine and material. According to a report, the maintenance of manufactured products costs more than 30% of the operating costs. Over the past […]

Hitachi on July 1 commandeered a majority share of ABB’s lucrative Power Grids business and officially launched a joint venture company—Hitachi ABB Power Grids. The new company, which already has a volume of about $10 billion, is expected to provide financial muscle to support ambitious projects and new business opportunities as the sector embraces decentralization […]

Two German energy heavyweights have completed an asset swap that will have a major impact on the global market for renewable energy. RWE and E.ON on July 1 closed a deal that had been months in the making, with RWE taking on the assets of Innogy, an E.ON subsidiary (and former RWE company), to make […]

Traditional models have been upended by recent disruptions, including decarbonization, decentralization, and even the COVID pandemic, but new ones are replacing them that focus on customer preference

The market for microgrids continues to expand, with utilities, businesses, and neighborhoods installing a variety of technologies in systems designed to ensure a reliable and resilient supply of power. The

While island governments are exploring marine power technologies as serious options for future resources to replace diesel, technology developers are looking at improved value through new revenue streams, such

An energy imbalance market (EIM) is a voluntary market that provides a sub-hourly economic dispatch of participating resources for balancing supply and demand every five minutes. One such market is the Western

Aligning with a target set by European industry association EUTurbines, Siemens Gas and Power in January 2019 rolled out an ambitious roadmap to ramp up the hydrogen capability in all its gas turbine models to

Officials in South Africa and across the African continent continue to explore new nuclear power generation projects, and the region provides an opportunity for other countries to export their advanced nuclear

Algeria, like other countries that are members of the Organization of the Petroleum Exporting Countries (OPEC), wants to diversify its electricity production, and is looking to solar power for the bulk of its