Japan

Several developments worldwide impacted the power generation landscape in the past week, including more news about the closure of a coal-fired power plant in Alabama, the restart of a geothermal facility in Hawaii, and construction of a biomass-fueled power plant in Japan. In addition, a company said it plans a $150 million investment in three […]

After the Great Tohoku Earthquake and tsunami, and ensuing crisis at the Fukushima Daiichi nuclear plant in March 2011, Japan issued stringent safety regulations and reviews that affected its entire 50-reactor fleet. It meant that as each Japanese nuclear reactor entered its scheduled maintenance and refueling outage, it could not returned to operation until restart […]

The Distribution System Is Newest Energy Transition Frontier in Europe. The European power sector is urging member states and regulators within the European Union (EU) to speed up development of

KYOTO, Japan (February 25, 2019) — Kyocera Corporation and New York-based LO3 Energy today announced a joint project to test the feasibility of a blockchain-managed virtual power plant (VPP) utilizing a peer-to-peer distributed consensus network. The test will start Feb. 28, 2019 at Kyocera’s Yokohama Nakayama Office in Kanagawa Prefecture, Japan, where a small VPP will […]

Hitachi and Mitsubishi Heavy Industries (MHI), two giant Japanese companies with substantial stakes in the world’s power sector, are separately rethinking future business directions as sizable disruptions shake up prospects for traditional market growth. In recent months, Hitachi refined its business model to prepare it for explosive demand in  digitalization solutions, focusing heavily on grid […]

In 2017, the 10 largest power companies, ranked by their installed generation capacity, owned 18% of total global installed capacity, while the next-largest 15 owned around 10%—meaning that the top 25 companies own nearly 30% of global installed power generation capacity, according to the International Energy Agency (IEA). Chinese companies account for more than one-eighth of global installed […]

Hitachi may cancel its plans for a $20.5 billion nuclear power project in Wales, according to several media reports from the UK and Japan. The Japanese company is expected to determine the fate of the project at a board meeting this week. The Guardian newspaper was among those that in recent days reported an impasse in […]

What began in the world of finance has moved into the power sector. Blockchain, a nascent technology most often associated with cryptocurrency, is a new frontier in the energy space, changing the way power is

Hitachi Ltd. and ABB could announce an $11 billion deal as soon as December 17 in which Hitachi will acquire 80% of ABB’s power grids unit. Reports of the possible deal surfaced December 16, with Bloomberg and others citing sources familiar with the agreement who asked not to be identified. Neither ABB nor Hitachi commented […]

Veolia Hungary Creates VPP Portfolio. Veolia Hungary in October acquired a 51% ownership share in CHP Eromu Kft., the first step in a process for Veolia to create a virtual power plant (VPP) portfolio. The