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Multinational power and gas giant ENGIE, which embarked on an aggressive transition toward zero-carbon three years ago, saw tempered revenue growth over 2018, owing in part to its disposal of thermal generation businesses in the UK and Poland, and the 1-GW Loy Yang B coal-fired power plant in Australia. ENGIE CEO Isabelle Kocher, who outlined […]

Carol Holahan, counsel in Foley Hoag’s Energy & Cleantech practice, was a guest on The POWER Podcast. Holahan advises large regional generators and other participants in the wholesale and retail competitive electricity markets on policy initiatives, changing environmental regulations, decommissioning and sale of plants, and matters pending before the Federal Energy Regulatory Commission (FERC). During […]

General Electric’s (GE’s) sale of its biopharma unit on February 25 is designed to reduce the company’s overall debt load, and CEO Larry Culp said the deal is the latest step in his plan to strengthen the whole of GE, particularly the company’s struggling Power division. GE on Monday agreed to sell the biopharma part […]

A private New York-based real estate investment company that focuses on North American energy projects has reached an agreement with officials in Farmington, New Mexico, to keep the coal-fired San Juan Generating Station open beyond 2022. The city is part-owner of the 847-MW plant, and the other owners—which include Tucson Electric Power, Los Alamos County, […]

Arizona’s largest utility wants to support its renewable power portfolio by adding as much as 850 MW of battery storage capacity to its solar power plants by 2025. Arizona Public Service Co. (APS) made the announcement February 21. Don Brandt, the utility’s chairman and CEO, in a statement said, “Arizona is already a national leader […]

This week (Feb. 17–23) is National Engineers Week. “EWeek” as the National Society of Professional Engineers calls it, is a formal coalition of more than 70 engineering, education, and cultural societies, and more than 50 corporations, and government agencies. Its key goal: raising public awareness of engineers’ positive contributions to quality of life.  Over the […]

Danish engineering, design, and consultancy firm Ramboll Group in December  entered into an agreement to acquire U.S-based engineering and design consultancy OBG. Founded in 1945, OBG has delivered integrated engineering solutions within water, energy, environment and advanced manufacturing, and today, the company says it has extensive client relationships in both the private and public sectors, […]

Hitachi and Mitsubishi Heavy Industries (MHI), two giant Japanese companies with substantial stakes in the world’s power sector, are separately rethinking future business directions as sizable disruptions shake up prospects for traditional market growth. In recent months, Hitachi refined its business model to prepare it for explosive demand in  digitalization solutions, focusing heavily on grid […]

Southern Company CEO Thomas Fanning on February 20 said construction of two new nuclear reactors at Plant Vogtle is on track and could possibly beat the current regulatory approved startup dates for the AP1000 units. Fanning spoke Wednesday on the company’s fourth-quarter 2018 earnings call. He said Georgia Power, a Southern Company subsidiary and the […]

An Alabama power plant that has operated for more than a century will close in April, with Alabama Power saying that the cost to comply with government regulations on the handling of coal ash and wastewater no longer make the plant economically viable. Jim Heilbron, Alabama Power’s senior vice president and senior production officer, on […]