Traditional models have been upended by recent disruptions, including decarbonization, decentralization, and even the COVID pandemic, but new ones are replacing them that focus on customer preference, regulatory, and market…
decarbonization
Two projects focused on solar-powered hydrogen production made notable steps forward recently. One project, supported by Ricardo plc and the European Marine Energy Centre (EMEC), will investigate “using existing solar…
May 19, 2020 — With industry accounting for more than one-fourth of U.S. greenhouse gas emissions, its decarbonization is essential for combating climate change, according to a report released today that…
Flagship power plant and equipment firm Mitsubishi Hitachi Power Systems (MHPS) plans to change its name to “Mitsubishi Power” once it receives approval from antitrust authorities in several countries. The…
April 8, 2020 — Uniper and Siemens Gas and Power today signed a cooperation agreement for the development of projects on the decarbonization of power generation and promoting sector coupling.…
How will the electric grid change as the world transitions to a power system with more renewable energy resources? Some experts foresee a shift from today’s grid-type architecture to a…
Given current trends, the U.S. gas turbine industry is set to play a critically important role in power generation, aircraft propulsion, and the oil and gas industry “for decades to…
Decarbonization is a word that seems to be used quite regularly these days. For the power industry, it refers to the shift in electric generating resources from carbon-heavy coal to…
Low asset utilization is an increasing financial challenge for both conventional and renewable assets, which are sometimes curtailed due to over-generation at various times of day. Integrating large-scale thermal energy…
COMMENTARY The future of energy is electric. It is a future that is evolving rapidly, bringing significant changes. Traditional suppliers are scrambling to stake their claims and remain relevant. Market…