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COMMENTARY Launched last week by New York Representative Alexandria Ocasio-Cortez, the “Green New Deal” appears to pick up where President Franklin Roosevelt left off with his “Second Bill of Rights” announced in his 1944 State of the Union Address1. More manifesto than mandate, the Green New Deal seeks to be a lens through which legislators’ […]

Multibillion-dollar energy deals that both Siemens and General Electric (GE) signed with the Iraqi government last year may not come to fruition, according to the country’s electricity minister. The Financial Times on February 10 reported that Luay Al-Khatteeb, who took his post late last year after the deals were brokered, told the newspaper, “I don’t […]

GE Power’s financials spun out further on a dismal trajectory during the fourth quarter of 2018, plagued by slack market demand for products and services, technical glitches of a flagship gas turbine model, and poor project execution. Despite a series of divestments and corporate reshuffles, including of leadership, for the 12 months that ended on […]

In line with customer preferences, U.S. investor-owned electric companies are heavily invested in decarbonization and electrification, the Edison Electric Institute (EEI) told Wall Street analysts and bankers on Feb. 6. In its annual presentation to potential investors and industry observers, the trade association that represents U.S. investor-owned electric companies lamented a number of uncertainties affecting […]

Paul DeCotis, senior director in West Monroe Partners’ Energy and Utilities practice, was a guest on The POWER Podcast. West Monroe, in partnership with Greentech Media, conducted a survey of more than 1,700 utility customers, 140 utility executives and managers, and more than two dozen regulators in major markets across North America. Its findings were […]

The U.S. Department of Energy (DOE) and Federal Energy Regulatory Commission (FERC) want to explore how federal and state authorities could incentivize cybersecurity and physical security in the power and natural gas sectors. The agencies issued a notice on Feb. 4 announcing they would jointly hold a technical conference on Thursday, March 28, 2019, from […]

Northern Indiana Public Service Co. (NIPSCO), which is phasing out coal-fired power as part of its “Your Energy, Your Future” plan announced late last year, on Feb. 1 said it will develop three new wind farm projects in the state that will add about 800 MW of renewable power generation capacity to its portfolio. The […]

Behind the digital tools that make the industrial internet of things (IIOT) in the power generation and chemical process industries are people. The upcoming Connected Plant Conference—Feb. 19–21, 2019, in Charlotte, North Carolina—will recognize the achievements of 11 individuals and companies who are fast risers in the field. Through insight and experience, these “Game Changer” champions […]

In 2017, the 10 largest power companies, ranked by their installed generation capacity, owned 18% of total global installed capacity, while the next-largest 15 owned around 10%—meaning that the top 25 companies own nearly 30% of global installed power generation capacity, according to the International Energy Agency (IEA). Chinese companies account for more than one-eighth of global installed […]

Interest in hydrogen-powered fuel cells for transportation and machinery applications appears to have kicked up of late, with several companies announcing major developments. Hydrogen Batteries for Spanish Port. The Port of Valencia in Spain in January said it is readying to implement a planned €4 million pilot project to power container-manipulating machinery with hydrogen batteries. The […]