POWERnews

The last two years have had a profound effect on businesses in all industries, including power generation. Looking into the future, it’s evident that even more change is on the horizon. To accommodate these changes, one thing has become clear within the realm of finance: Digital transformation is no longer optional. Instead, it’s a necessary […]

Energy Transfer, a major pipeline firm that threatened to terminate natural gas service to five Vistra Corp. gas-fired power plants in Texas next week as part of a $21.3 million penalty payment standoff, has relaxed its ultimatum, though the underlying dispute continues. In a letter filed with the Texas Railroad Commission late on Jan. 20, […]

A subsidiary of billionaire Warren Buffett’s Berkshire Hathaway Energy has announced it plans to invest another $3.9 billion into renewable energy in Iowa, with a project that would add more than 2 GW of wind power to the state. Des Moines-based MidAmerican Energy on Jan. 19 said the Wind PRIME project also includes solar power […]

Two Vistra Corp. subsidiaries have alleged in a complaint filed with the Texas Railroad Commission that a major pipeline firm has threatened to terminate natural gas service to five Texas gas-fired power plants—a combined 2 GW—“at any time” after Jan. 23. If escalated, the issue could pose new hurdles for the state’s electricity security as […]

A new product from GE Digital will improve the operation of gas turbines through artificial intelligence (AI) and machine learning (ML), resulting in lower fuel consumption and reducing emissions, the company announced Jan. 20. GE Digital in its announcement said turbines “require seasonal adjustment of flame temperatures and fuel splits, which is generally a manual […]

The vast majority of 324 electric generation units and transmission facilities in Texas have fully met or “go beyond” new state winter weatherization requirements, the Electric Reliability Council of Texas (ERCOT) said in a final readiness report filed with the Public Utility Commission of Texas (PUCT) on Jan. 18. Onsite inspections at 302 generation units […]

The U.S. International Trade Commission concluded its investigation into a complaint filed by GE against Siemens Gamesa Renewable Energy (SGRE) concerning the importation “of certain variable speed wind turbine generators and components thereof.” In its ruling, the commission found that SGRE violated section 337 of the Tariff Act of 1930, as amended, and it issued […]

A power plant in Tennessee is the site of a project using carbon dioxide (CO2) to help manufacture carbon nanotubes (CNTs), which can be used in a variety of products from wind turbine blades to cellphone batteries to lightweight bicycle frames. SkyNano Technologies, a Knoxville, Tennessee-based developer of a manufacturing process to produce carbon-based nanomaterials […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   January 20, 2022 Vistra Claims ‘Extortion’ by Pipeline Company, Says Natural Gas Supply to Texas Power Plants Threatened Two Vistra Corp. subsidiaries have alleged in a complaint filed with the Texas Railroad Commission that a major natural gas pipeline firm has threatened […]

Environmental, social, and governance (ESG) efforts are factoring into merger and acquisition (M&A) deal activity within the power and utilities sector across North America, according to a report issued by PwC, a professional services firm serving the “Trust Solutions and Consulting Solutions” segments. “As policies are clarified and ESG strategies are strengthened, broad investor interest […]