power

Siemens will spin off and give up its majority stake in its lucrative Gas and Power division—comprising its conventional power generation, power transmission, oil and gas, and related services businesses—and transfer its current majority 59% stake in Siemens Gamesa Renewable Energy (SGRE) to the new business. The company’s supervisory board announced the spinoff on May 7 […]

Project will advance Oregon’s clean energy future while delivering affordable electricity for PGE customers Portland, Ore. Feb. 12, 2019 — Portland General Electric Company (NYSE: POR) and NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. (NYSE: NEE), today announced plans to construct a new energy facility in Eastern Oregon combining 300 megawatts of […]

The Colstrip Power Plant, a four-unit, 2,094-MW coal-fired station located about 100 miles east of Billings, Montana, could see its coal supply contract nullified as a result of Westmoreland Coal Co.’s Chapter 11 bankruptcy reorganization. Westmoreland operates the 25,000-acre Rosebud coal mine, among others. Rosebud is adjacent to the Colstrip plant and supplies almost all […]

Power companies worldwide are struggling to balance talent shortages with changing skills needed for an increasingly digitalized business, the newly released Global Energy Talent Index (GETI) suggests.  The Jan. 22–released annual energy recruitment and employment trends report by Airswift, a global energy workforce provider, and Energy Jobline, an online jobsite dedicated to the energy and […]

BOSTON, Mass. (November 13, 2018) – Schneider Electric, the leader in digital transformation of energy management and automation, today announced enhancements to its EcoStruxureTM Power digital energy management system architecture. In response to global demand for reduced carbon intensity, greater operational efficiency, and business continuity, the expanded EcoStruxure Power 2.0 now makes management of low […]

The Jackson Hole Center for Global Affairs—a bipartisan think tank—will host the “Jackson Hole Global Forum: Climate Solutions, Coal Communities, and Economic Diversification,” in Jackson Hole, Wyoming, November 8–9, 2018. Among the sessions on day one is a panel titled “What Is Coal’s Future?” Charles K. Ebinger, nonresident senior fellow with the Atlantic Council, will […]

Low power factor reduces an electrical system’s distribution capacity by increasing current flow. Therefore, having a low power factor is inefficient and expensive. But what is power factor and what affects

General Electric (GE) saw its stock price surge more than 7% on June 26 after the company said it would dissolve its stake in oil services company Baker Hughes and spin off its healthcare unit over the next few years. The announcement comes one day after GE said it would sell its Distributed Power business, […]

A joint venture of two Japanese energy companies reportedly plans to invest $935 million on U.S. power generation projects. Tokyo Electric Power Co. (TEPCO) and Chubu Electric Power, through their JERA joint venture, would make the investment by 2030, according to Asian news reports. AsiaElec reported that JERA currently has about 3,000 MW of generation in […]

The history of power generation is long and convoluted, marked by myriad technological milestones—conceptual and technical—from hundreds of contributors. Many accounts begin power’s story at the demonstration of electric conduction by Englishman Stephen Gray, which led to the 1740 invention of glass friction generators in Leyden, Germany. This quiz is designed to test your knowledge […]