Developments in communication technology, including software applications and new control hardware, are providing utilities the ability to monitor assets, analyze alarms, and control their power generation facilities remotely. Companies are…
assets
Photovoltaic (PV) systems eventually lose their ability to generate power, leaving asset owners with a major decision on what to do next. Whether it’s outright damage from extreme weather events…
How do utility asset managers deal with risks and failures of assets in the long-term? How much should they be budgeting for maintenance, asset renewal, and investments? The answers are…
Affiliates of one of South Korea's largest business conglomerates announced they no longer will provide financial support for coal projects, putting in jeopardy plans to finish a 2,100-MW coal-fired power…
Material changes to the UK peak power and capacity markets sector has resulted in 3 major reserve power facilities becoming insolvent. As a result, 44MW of standby power generator assets…
A myriad of issues come into play when parties execute power industry mergers and acquisitions. Part 2 of this two-part series looks at the issues involved with acquisition agreements, and…
NextEra Energy on May 21 said it would acquire several assets from Southern Co., including Southern’s ownership interest in two natural gas-fired power plants in Florida, in a deal valued…
NRG Energy said it will sell as much as $4 billion in assets as it seeks to lower its debt and cut costs after a revolt by activist investors unhappy…