jobs

The first of about 400 workers remaining at the soon-to-close Oyster Creek Nuclear Generating Station in New Jersey will begin leaving their jobs over the next few weeks, according to a notice filed this month by Exelon Corp. with the state’s Department of Labor and Workforce Development. The Worker Adjustment and Retraining Notification (WARN) filing […]

Siemens, one of the world’s largest turbine manufacturers, said it plans to temporarily shut its Power & Gas (PG) division operations worldwide in an effort to cut costs. The Germany-based energy giant in a May 7 news release said, “The shutdowns are part of a comprehensive package of measures, which also includes issues such as […]

Commentary The clean energy industry was hit hard by two decisions coming out of the Trump administration these past few weeks. First, a 30% tariff was imposed on imported solar panels. Then earlier this week, the Trump administration proposed plans to cut the Department of Energy’s (DOE) Energy Efficiency and Renewable Energy office budgets by 65%, all while […]

General Electric (GE) said December 7 it will cut 12,000 jobs in its power unit as the company continues to struggle with changes in the global power market. The company in a statement said the staff reductions will save $1 billion in 2018. “Traditional power markets including gas and coal have softened,” the company said, […]

There’s a new sheriff in town—Washington, D.C., that is. President Donald Trump has taken the reins from Barack Obama, and he’s come out with guns blazing. It’s true—the new administration has wasted little time shaking things up since taking office. While hundreds, if not thousands, of pages have been written by the media about President […]

POWER‘s monthly infographic sheds light on power sector trends globally, and in 2015, it highlighted changes in plant retirements, sector revenues, rule costs, workforce, emissions technologies, and electricity costs, among other subjects. January 2015: Baseload Retirements How coal plant retirements compare with retirements of other baseload generation sources. February 2015: Power Revenues How revenues for fossil power […]