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Finance
Alstom Chooses GE
After nearly two months of wooing, General Electric (GE) is finally going to get what it wants. On June 21, GE announced that the Alstom Board of Directors had chosen the GE offer to acquire the power and grid businesses over a separate offer proposed by Siemens and Mitsubishi Heavy Industries. GE said the offer […]
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Partner Content
3 Quick Questions – Alarm Management
Enabling operator effectiveness by improving alarm management strategy
Question 1: How big of an issue is alarm management really?The problem is bigger than you think. The Abnormal Situation Management Consortium (ASM) recorded over 1000 incidents last year alone. Alarms not considered a priority during design phase, and thus too many alarms configured. Many plants are running
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Partner Content
Cyber Security: From “Reel” Life to “Real” Life
Are Hollywood portrayals of cyber attacks exaggerating the risks we face?
Since the early 1980s, when Hollywood showed “War Games,” where a teenage gamer brought the world to the edge of nuclear destruction, the entertainment industry has been frightening us about the Internet and the vital systems it supports. In the 2007 “Die Hard” movie, Bruce -
Legal & Regulatory
Senate Committee Advances FERC Head Nomination
The Senate Energy and Natural Resources Committee on Wednesday managed a contentious 13–9 vote to approve President Obama’s nomination of Norman Bay to become head of the Federal Energy Regulatory Commission (FERC). Before the vote, the committee’s chair, Sen. Mary Landrieu (D-La.) said the White House and Senate Majority Leader Harry Reid (D-Nev.) had agreed […]
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Renewables
Study: Resource Adequacy Concerns Mostly Stem From Restructured Electric Markets
Most issues concerning resource adequacy have arisen in the context of restructured wholesale and retail electric markets, rather than from traditionally regulated electric markets, a new study from the Electric Markets Research Foundation (EMRF) suggests. The nonprofit EMRF, established in 2012 by “academics and other experts” to fund studies on electric market issues, notes in […]
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Legal & Regulatory
DOE Awards $100M for Energy Research
Thirty-two projects—most headed by universities—were awarded grants of various amounts totaling $100 million by the U.S. Department of Energy (DOE) for Energy Frontier Research Centers (EFRCs). The projects were selected from more than 200 proposals. Of the projects, 10 were new while the other 22 received renewed funding. Awards ranged from $2 million to $4 […]
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Nuclear
EPA’s McCarthy Says Carbon Emissions Rules Will Boost Nuclear
Environmental Protection Agency (EPA) head Gina McCarthy said on Tuesday that the agency’s proposed carbon emissions rules are specifically designed to support nuclear plants that are struggling with profitability. In Chicago to campaign for support from business leaders, McCarthy said the agency has focused on about 6% of the nation’s nuclear fleet that is in […]
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Finance
Alstom Has Options After Siemens and MHI Offer
Siemens AG and Mitsubishi Heavy Industries Ltd. (MHI) announced on June 16 that they have submitted a proposal to Alstom, the French multinational conglomerate. The offer comes less than a week after the companies confirmed that they were considering a joint proposal and less than 2 months after General Electric (GE) made an offer to […]
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Gas
EPA Seeks Public Comment on the Potential Nationwide Regulation of Fracking Chemicals and Mixtures
The U.S. Environmental Protection Agency (EPA) is considering the imposition of nationwide reporting requirements for chemicals and mixtures used in fracking operations. On May 19, 2014, the EPA published an Advanced Notice of proposed rulemaking in the Federal Register seeking public input on the development of such a rule, including whether reporting should be mandatory […]
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Cybersecurity
Homemade Bomb Found at Ariz. Power Plant
A make-shift explosive device found last week at a power plant south of Tucson, Ariz., caused a small, temporary fuel leak in a 50,000-gallon distillate oil tank—not a large explosion as previously reported in initial accounts. However, the incident has triggered investigations by the FBI, the U.S. Bureau of Alcohol, Tobacco, Firearms, and Explosives, and […]