IPP

In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams are increasingly important. In addition to selling energy and capacity, many generation facilities collect fixed, monthly payments for the provision of “reactive power,” which are […]

In 2002, the government of Saudi Arabia moved to step up the private sector’s role in the kingdom’s economy by opening the production of power and desalinated water. Saudi firms Abunayyan Trading Co., Abdulkadir Al Muhaidib & Sons Co., and MADA Group for Industrial and Commercial Development sensed a tremendous opportunity, forming ACWA Power Projects […]

Once a giant pure-play independent power producer, NRG Energy has cultivated a legacy of pioneering business models to withstand waves of change in the power sector. Its latest strategic shift pivots from

Mitsubishi Hitachi Power Systems (MHPS) has bagged an order for the first advanced-class gas turbines designed to transition to renewable hydrogen fuel from Utah’s state-owned Intermountain Power Agency (IPA). MHPS’s Lake Mary, Florida–based subsidiary MHPS Americas (MHPSA) on March 10 said that the contract for two M501JAC power trains are the first in the industry […]

Merchant markets for independent power producers in the U.S. are unfavorable, and many companies in the sector have slumping profits—even big losses—as they ponder where to go in the months and years

Oman recently began operating a Wärtsilä-built power plant in the northern part of the country, part of more than $1 billion in power and energy projects being developed in the Arab nation. The Musandam Independent Power Project (IPP) is a 120-MW natural gas-fired plant (Figure 1) that can use light fuel oil as a secondary […]