power generation

The New York Independent System Operator (NYISO) has proposed incorporating the social cost of carbon into the wholesale price of electricity. According to an October-released study conducted by the consulting firm Analysis Group, “A carbon price in NYISO’s competitive wholesale power markets can help deliver New York’s clean-energy transition in faster, cheaper, more reliable, more […]

Iraqi Prime Minister Adel Abdul Mahdi and Germany-based Siemens on April 30 confirmed reports that Iraq has chosen Siemens as its main partner in what it calls a “roadmap” agreement to develop power generation projects in the country. Siemens in a news release Tuesday confirmed that the document was signed by Joe Kaeser, president and […]

Multibillion-dollar energy deals that both Siemens and General Electric (GE) signed with the Iraqi government last year may not come to fruition, according to the country’s electricity minister. The Financial Times on February 10 reported that Luay Al-Khatteeb, who took his post late last year after the deals were brokered, told the newspaper, “I don’t […]

POWER-GEN International kicked off on December 4 with a keynote presentation focused on evolving power generation schemes and changing business models. Gregory Lee, commission president with Orlando Utilities Commission (OUC), the municipally owned public utility that provides water and electric service to Orlando, Florida, and portions of other nearby areas, opened the conference by providing […]

Global advisory and asset management specialist, Gordon Brothers has announced the exceptional sale of major power generation equipment from the UK power station, Seal Sands in Teesside, North East England. This unique sale is unparalleled with in the industry due to the pristine, virtually unused condition of the equipment. The majority of assets are unused […]

A report this week from the U.S. Energy Information Administration (EIA) shows coal-fired power was still the major source of generation on a state-by-state basis in 2017, though natural gas-fueled electricity production slightly outpaced coal overall The EIA’s report, published September 10, said 18 states relied on coal for the bulk of their power generation […]

Electricity is produced by a variety of generating units, each with different lead times and costs to be readied for service, and production costs once brought online. Because electricity is a commodity that

Joe Grimes, executive vice president of generation with the Tennessee Valley Authority (TVA), gave the keynote presentation during the ELECTRIC POWER Conference and Exhibition, which was held March 19–22 in Nashville, Tennessee. His presentation focused on steps TVA is taking to diversify its generation portfolio in order to reduce risks and keep costs as low […]

Beijing, China—a city known for its dreadful air pollution—no longer has any large coal-fired power plants adding to the problem. The Huaneng Beijing Thermal Power Plant’s final unit suspended operations on March 18, marking the end of coal-fueled generation in the city. Beijing’s power is now being supplied by what Xinhua (the Chinese government’s official […]

China rolled out its latest five-year energy development plan, detailing the country’s aim of investing about 2.5 trillion yuan (more than $363 billion) through 2020 in the development of renewable energy resources. Yang Li Zhe, deputy director of China’s National Energy Board, explained the country’s vision during a press conference held in Beijing on January […]