Siemens Will Cut Another 2,700 Jobs; GE Announces Cuts in Switzerland

Credit to Author: Darrell Proctor| Date: Tue, 18 Jun 2019 21:41:16 +0000

Siemens on June 18 said it would cut 2,700 jobs from its Gas and Power division, on top of 10,400 positions the German engineering firm last month said it would jettison as part of cost-cutting measures. The Siemens’ announcement comes one day after U.S.-based rival GE said it would cut 450 jobs at two of […]

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The POWER Interview: Technology Helps Integrate Renewables to the Grid

Credit to Author: Darrell Proctor| Date: Sat, 15 Jun 2019 14:31:15 +0000

Patrick Lee, who founded and leads PXiSE Energy Solutions, a subsidiary of San Diego, California-based Sempra Energy, is a proponent of energy sharing. His company builds enhanced grid management systems, using data, insights, and algorithms “to maximize efficiency and reliability of all DERs [distributed energy resources] as one system.” In other words, a PXiSE-supported microgrid […]

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TRITON/TRISIS Cyberattacker Has a New Target: Power Sector

Credit to Author: Sonal Patel| Date: Fri, 14 Jun 2019 14:12:51 +0000

XENOTIME, a cyberthreat activity group thought responsible for TRISIS/TRITON malware attacks on safety instrumented systems (SIS) at an oil and gas Middle Eastern facility in 2017, has been probing power company networks in the U.S. and elsewhere, new intelligence from industrial control systems (ICS) security firm Dragos shows.  “In February 2019, Dragos identified a change in […]

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Future May Not Be as Rosy as It Seems for Natural Gas [PODCAST]

Credit to Author: Aaron Larson| Date: Thu, 13 Jun 2019 13:44:14 +0000

The natural gas industry is doing quite well and the future looks bright to many observers. “We’re at a really great moment for the natural gas industry in the U.S. Production is growing dramatically. Shale continues to provide tremendous improvements technologically, bringing the cost down and growing the production, extending access to U.S. gas. At […]

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Energy Insiders Say Tech, Collaboration Key to Utility Storm Prep

Credit to Author: Darrell Proctor| Date: Thu, 13 Jun 2019 00:37:14 +0000

Hurricane season is underway and summer heat already has arrived in many areas, which again puts the spotlight on utilities, the power grid, and disaster response plans after a series of major weather events and wildfires caused outages and other disruptions in the U.S. and Caribbean in recent years. “We’re seeing these events occur, and […]

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New Jersey’s 100% Clean Energy Goal Imperils Gas Generation

Credit to Author: Sonal Patel| Date: Thu, 13 Jun 2019 00:23:41 +0000

Through a series of incentives and mandates, New Jersey is planning to produce 100% of its power from carbon-neutral sources, electrify its vehicle fleet and building sectors, and set mandatory efficiency standards for electric utilities by 2050, an energy blueprint released by the Board of Public Utilities (BPU) suggests.  The June 10-released “Draft 2019 Energy […]

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In a Surprise Announcement, Colstrip Units 1 and 2 to Close by Year-End

Credit to Author: Aaron Larson| Date: Wed, 12 Jun 2019 23:29:40 +0000

Talen Montana—part-owner and operator of the Colstrip Steam Electric Station—announced that Units 1 and 2 at the coal-fired power plant will be retired by year-end, well ahead of a previously announced July 2022 closure date. “The decision to retire Colstrip Units 1 and 2 comes after extensive review and exhaustive efforts over the last few […]

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GE Launches New Analytics Technologies to Boost Grid Efficiency 

Credit to Author: Sonal Patel| Date: Wed, 12 Jun 2019 20:57:27 +0000

General Electric (GE) has rolled out a new portfolio of predictive analytics that could allow utilities to use data from transmission and distribution networks to achieve better operational efficiency as more distributed assets are introduced to the grid.  The company on June 11 unveiled three new grid analytics—for storm readiness, network connectivity, and effective inertia—that […]

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