modernization
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Finance
POWER Digest [September 2025]
Hitachi Energy, E.ON Ink $700M Deal to Strengthen German Grid. Hitachi Energy, the world’s largest transformer manufacturer, has signed a deal worth up to $700 million with German utility E.ON to supply
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Electrification
Modernization Is the Onramp to Emerging Technologies
As complexity rises across the power industry, modern control systems are becoming the foundation for next-generation solutions. By embracing automation, simulation, and artificial intelligence (AI)-ready
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Commentary
AI and the Grid: Smarter Paths to Renewable Integration and Grid Modernization
According to the U.S. Department of Energy, more than 70% of the nation’s grid transmission lines and transformers are more than 25 years old, straining under the pressures of rising electrification and renewable integration. As power producers, utilities, and grid operators push toward decarbonization targets, the need for more intelligent, responsive, and resilient grid infrastructure […]
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Hydro
DOE Injects $430M to Revitalize, Modernize U.S. Hydropower Fleet
The Department of Energy (DOE) has selected 293 hydroelectric projects across 33 states that will receive up to $430 million in incentive payments for capital improvements directly related to grid resiliency, dam safety, and environmental improvements. The funding, unveiled on Sept. 5, stems from the DOE Grid Deployment Office’s (GDO’s) Maintaining and Enhancing Hydroelectricity Incentives […]
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Nuclear
Upgrades Planned at Loviisa Nuclear Power Plant as Part of Life Extension
Fortum, a Nordic energy company with headquarters in Espoo, Finland, near Helsinki, and offices in 10 other countries, announced that it will modernize the Loviisa nuclear power plant’s low-pressure turbines. The project will start in 2026 as part of lifetime extension-related investments at the site. The Lovissa plant is a dual-unit facility with a total […]
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T&D
Utility’s Grid Modernization Efforts Leverage Community’s Investment in Fiber-to-the-Home Network
Tantalus Systems, a grid modernization technology company focused on helping utilities harness the power of data, said Bolivar Energy Authority (BEA) selected its Grid Modernization Platform (TGMP) to modernize the utility’s distribution grid. BEA serves Hardeman County and parts of Fayette, Chester, and Madison counties in Tennessee and part of Benton County in Mississippi. TGMP […]
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IIOT
GAO: EPA Relies on Outdated Systems to Manage Air Quality Data
Two IT air quality data systems that inform the U.S. Environmental Protection Agency’s (EPA’s) regulatory and compliance decisions are outdated, the U.S. Government Accountability Office (GAO) has suggested. The federal agency must make progress to develop a business case to replace them, it said. The congressional watchdog in a report made public on Sept. 29 […]
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Press Releases
GE Supports Tampa Electric Company’s Coal-To-Gas Transition at Big Bend Power Plant in Florida, reducing CO2 emissions by ~ 67%
Tampa Electric Company (TECO) has completed the first phase of its coal-to-gas modernization strategy at the existing 50-year-old coal-fired Big Bend Power station in Florida Plant powered by two new GE 7HA.02 gas turbines and associated generators started commercial operation in December 2021 Project helped significantly change TECO’s fuel mix with natural gas-fired combined-cycle plant […]
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IIOT
Managing Modernization: Risks and Rewards of Digital Transformation in the Energy Sector
In the face of widespread disruption driven by economic, regulatory and consumer forces, the energy sector is increasingly adopting digital technologies to transform the industry and bring it into the future. However, this move to modernization can unintentionally expose organizations to a range of new security threats that must be addressed. Digital Transformation—A Move to […]
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Instrumentation & Controls
Burns & McDonnell Selected by NYPA for Major Control System Modernization Project at One of Largest Hydropower Facilities in North America
KANSAS CITY, Missouri — Burns & McDonnell will serve as engineer-procure-construct (EPC) contractor for an extensive $134 million electrical control system upgrade and modernization project for the New York Power Authority’s 2,525-megawatt (MW) Robert Moses Niagara Power Plant. The control system project is a crucial component of a recently announced $1.1 billion Next Generation Niagara […]