revenue

GridBeyond now offers revenue floor and toll contracts for selected power storage projects in the Electric Reliability Council of Texas (ERCOT) and California Independent System Operator (CAISO) markets. Backed by highly rated underwriting partners, these contracts provide project owners with new tools to de-risk their balance sheets or secure financing. Each contract is customizable, allowing […]

In a time where capacity revenues are pricing lower and many generation owners find that their facilities are not being dispatched for energy on a consistent basis, reliable revenue streams are increasingly important. In addition to selling energy and capacity, many generation facilities collect fixed, monthly payments for the provision of “reactive power,” which are […]

General Electric (GE) on April 29 reported a steep drop in first-quarter revenue, with the industrial giant—like many companies—taking a major hit from the coronavirus pandemic. The company reported a year-over-year revenue decline of 8%, with posted revenue of $20.524 billion, and noted a $1 billion negative impact to cash flow during the quarter. The […]

U.S. power plant operators continue to change procedures at their facilities, including pushing back scheduled maintenance, due to lockdowns and quarantines associated with the coronavirus pandemic. The changes are impacting companies such as General Electric (GE) and Siemens, which are major service providers to power plants, at a time when these global companies already are […]

The U.S. Census Bureau released data on Nov. 18 showing that revenues for electric power generation industries that use renewable energy resources grew 49% from 2007 to 2012, while fossil fuel electric power generation industry revenues decreased 6.7% during the same time period. Fossil fuel revenues continued to dwarf renewable totals, bringing in $79.7 billion […]