Magazines

Siemens Cutting 200 Jobs at Texas Service Center

Credit to Author: Darrell Proctor| Date: Wed, 12 Dec 2018 03:28:22 +0000

Siemens on December 11 said it would lay off about 200 workers at a gas turbines parts and components service center in Houston, Texas, sometime in late 2019 or early 2020. A company spokesperson made the announcement Tuesday, saying the cuts are due to weak global demand for the company’s turbines. Siemens in a statement […]

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Blockchain-Enabled VPP Planned for South Korea

Credit to Author: Darrell Proctor| Date: Tue, 11 Dec 2018 19:03:45 +0000

The South Korean government has pledged 4 billion Korean won (about $3.5 million) to support a blockchain-enabled virtual power plant (VPP) in Busan, the country’s second-most-populous city after Seoul. Busan officials said they have selected a project to build a VPP on a “citizens-shared” blockchain. Technology Aggregates Resources, Standardizes Transactions A VPP is a cloud-based […]

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FERC Follows Up on Tax Reform Response

Credit to Author: Darrell Proctor| Date: Mon, 10 Dec 2018 16:39:34 +0000

The Federal Energy Regulatory Commission (FERC, the Commission) took several actions in November to address impacts from the Tax Cuts and Jobs Act (the Tax Act). FERC had previously issued a Notice of Inquiry seeking comments on how to address the impact of the Tax Act’s reduction in the corporate federal income tax (FIT) rate […]

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Dominican Republican to Get Floating Combined Cycle Gas Plant Outfitted with Battery Storage

Credit to Author: Sonal Patel| Date: Fri, 07 Dec 2018 21:02:48 +0000

A novel floating power plant that combines a 145-MW gas-fired combined cycle power plant and a battery energy storage system could begin operating in the Dominican Republic by early 2021.  Siemens and the marine arm of Singapore-based ST Engineering on December 3 said they jointly received an order for a SeaFloat barge-mounted power plant from […]

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Senate Confirms McNamee as FERC Commissioner

Credit to Author: Darrell Proctor| Date: Thu, 06 Dec 2018 19:35:28 +0000

The U.S. Senate on a 50-49 party-line vote December 6 confirmed Bernard McNamee to a seat on the five-member Federal Energy and Regulatory Commission (FERC), despite questions about his independence from the Trump administration and his previous comments in support of a bailout of coal and nuclear U.S. power plants at the expense of renewable […]

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Industry Groups to Congress: Inaction on Nuclear Waste Not an Option

Credit to Author: Sonal Patel| Date: Thu, 06 Dec 2018 14:28:16 +0000

Fifteen notable industry groups have urged Congressional leaders to act on the federal used nuclear fuel program, noting no progress on the Yucca Mountain repository license application and consolidated interim storage is “untenable.” The broad coalition of labor unions, state public service commissioners, clean energy organizations, and energy trade associations told U.S. House and Senate […]

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Plagued by Grim Challenges, Vogtle Nuclear Expansion Lags Behind Schedule, Says Oversight Consultant

Credit to Author: Sonal Patel| Date: Thu, 06 Dec 2018 14:36:55 +0000

The two-unit Vogtle expansion in Georgia faces major challenges that are poised to derail its schedule and ramp up costs—and the project is already behind schedule, a consulting firm tasked with construction oversight of the project told regulators. In revealing testimony filed with the Georgia Public Service Commission’s (PSC’s) public interest advocacy staff on November […]

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The U.S. Senate on a 50-49 party-line vote December 6 confirmed Bernard McNamee to a seat on the five-member Federal Energy and Regulatory Commission (FERC), despite questions about his independence from the Trump administration and his previous comments in support of a bailout of coal and nuclear U.S. power plants at the expense of renewable […]