Latest
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Coal
More Losses for FirstEnergy; FES Seeks Policy Support Amid Bankruptcy
Despite significant milestones to become a fully regulated utility, FirstEnergy Corp. on October 25 reported third-quarter losses of $512 million on revenue of $3.1 billion. The results largely reflect charges related to the court-approved settlement in the bankruptcy cases of its competitive subsidiaries FirstEnergy Solutions (FES) and FirstEnergy Nuclear Operating Co. (FENOC), the company said. […]
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Commentary
What Is Coal’s Future? [PODCAST]
The Jackson Hole Center for Global Affairs—a bipartisan think tank—will host the “Jackson Hole Global Forum: Climate Solutions, Coal Communities, and Economic Diversification,” in Jackson Hole, Wyoming, November 8–9, 2018. Among the sessions on day one is a panel titled “What Is Coal’s Future?” Charles K. Ebinger, nonresident senior fellow with the Atlantic Council, will […]
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IIOT Cyber
Three Newly Approved CIP Reliability Standards for Cybersecurity Will Be Costly
Entities with industrial control systems (ICS) associated with bulk electric system (BES) operations must develop and implement plans that include security controls for supply chain management, the Federal Energy Regulatory Commission (FERC) ordered in a final rule that formally adopts three new critical infrastructure protection (CIP) reliability standards. FERC on October 18 issued Order No. […]
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Renewables
NRG Renews Emphasis on Retail with PPA-Free Renewables Service
NRG Energy, which recently shed a substantial portion of its competitive generation portfolio and has shifted efforts to stimulate growth of its retail business, unveiled a simplified renewables procurement process that does not require a power purchase agreement (PPA). The company on October 18 launched “Renewable Select,” a plan that it says transforms the “lengthy […]
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Connected Plant
Companies Will Collaborate on Blockchain Tool for U.S. Power Market
A subsidiary of grid operator PJM Interconnection has joined with a Switzerland-based group to build and evaluate a blockchain-based tool to help the U.S. power generation industry. Energy Web Foundation (EWF) and PJM Environmental Information Services (PJM-EIS) on October 25 said they would collaborate on developing and testing a reference implementation of EWF’s open-source Energy […]
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Nuclear
Now Two AP1000 Reactors in Commercial Operation, Vogtle Makes Progress Too
Unit 1 at the Haiyang nuclear power plant in Shandong, China, successfully completed a 168-hour full-power continuous operation test, meeting the requirement for commercial operation, State Power Investment Corp. Ltd. announced on October 23. Its AP1000 reactor is the first nuclear unit to be placed in operation in Shandong, an eastern province on the Yellow […]
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IIOT Power
ServiceMax Launches New Predix ASM Software for Equipment Operators
Proactive equipment maintenance continues to be a priority for power plant operators. ServiceMax, a GE Digital company that provides field service management software, on October 25 announced it has launched its Predix ServiceMax Asset Service Management (ASM), a new offering to help operators “transform their entire asset maintenance process from a break-fix model to a […]
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Partner Content
Predictive Approach to Resin Exhaustion Monitoring
A unique deionization capacity monitoring algorithm monitors the exchange capacity of deionization systems and accurately predicts resin exhaustion before leak or breakthrough, regardless of water quality.
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Renewables
Reports: Trump Administration Supports GE Over Siemens in $15B Iraq Deal
Iraq signed a memorandum of understanding on October 15 to develop power plants in the country with General Electric (GE). The Financial Times on October 18 said the $15 billion deal was brokered after senior officials in the administration of U.S. President Donald Trump warned Iraq that relations with the U.S. would be threatened if Iraq […]
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Coal
West Virginia Coal Plant Will Remain Open Until 2022
FirstEnergy on October 18 said its coal-fired Pleasants Power Station in West Virginia will stay open until June 2022, after earlier announcing the plant would close in January of next year. FirstEnergy spokeswoman Jennifer Young said, “Keeping Pleasants in operation … allows the plant to fulfill current capacity obligations and provides additional time for evaluation […]