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business


The POWER Interview: How Industry 4.0 Will Improve Sustainability

As the world continues to face climate uncertainties, industrial companies are looking for ways to ensure they are as sustainable as possible while maintaining profitability. POWER's recent Distributed Energy Conference…


Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’

Eskom, South Africa’s state-owned utility that produces nearly 90% of the African powerhouse’s electricity, is saddled with liabilities, unavoidable expenses, and stranded costs that exceed $113 billion, and for various…


How to Position Your Power Company for the Future

Faced with the challenge of making the right moves to accommodate a swiftly changing energy ecosystem, one question draws into sharp focus for generators and the entire power and utilities…


Insights Into Siemens’ Stunning Gas and Power, Renewables Shakeup

In the days following its May 7 announcement that it will spin off its Gas and Power business, Siemens has fleshed out how and when the carveout will occur, laid…


Siemens Will Exit Power, Gas, Renewable Businesses

Siemens will spin off and give up its majority stake in its lucrative Gas and Power division—comprising its conventional power generation, power transmission, oil and gas, and related services businesses—and…