Alstom

ABB Snags $450M Contract for Norway-UK Undersea Link. ABB on July 14 won a $450 million contract to supply high-voltage direct current (HVDC) converter stations at both ends of the North Sea Network (NSN), a

Australia Slashes Its Renewable Target to 33 TWh. The parliament of coal-rich Australia on June 23 approved legislation to slash the country’s Renewable Energy Target from 41 TWh to 33 TWh. The contentious bill passed after a compromise agreement in May (see “Australian Lawmakers Strike RET Deal” in POWER’s July 2015 issue). Australia’s RET, which […]

As part of a remedy package to appease the European Commission, Alstom will accept $331 million less than the original $13.63 billion purchase price offered by General Electric (GE) to close the deal.  The much-anticipated deal has come under close scrutiny by the European Commission, which opened a full-scale antitrust investigation into the deal on […]

Ten projects selected on June 8 to receive funding through the National Energy Technology Laboratory’s (NETL’s) Advanced Combustion Systems Program could lower costs and improve the performance of combustion systems that generate power with near-zero emissions, the Department of Energy (DOE) said.  The projects, which are mostly based on oxycombustion and chemical looping, include the […]

Everyone loves efficiencies. Combining generation technologies can create a plant that’s more than the sum of its parts, but engineering challenges mean these projects are not for the faint of heart. When you think of “hybrids” these days, your first thought is probably of automobiles. But hybrids—hybrid power plants, that is—are starting to emerge in […]

While General Electric (GE) waits for the French government to approve its bid for Alstom’s power and grid divisions, other companies are using the time to consider offers of their own. On June 11, Siemens AG and Mitsubishi Heavy Industries (MHI) announced that they are joining forces to evaluate a potential proposal for Alstom. The […]