Japanese Conglomerates Rejigger Power Sector Strategies

Credit to Author: Sonal Patel| Date: Thu, 21 Feb 2019 12:30:56 +0000

Hitachi and Mitsubishi Heavy Industries (MHI), two giant Japanese companies with substantial stakes in the world’s power sector, are separately rethinking future business directions as sizable disruptions shake up prospects for traditional market growth. In recent months, Hitachi refined its business model to prepare it for explosive demand in  digitalization solutions, focusing heavily on grid […]

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Decarbonization, Electrification Key Among 8 Priorities for U.S. Investor-Owned Power Companies 

Credit to Author: Sonal Patel| Date: Thu, 07 Feb 2019 14:24:04 +0000

In line with customer preferences, U.S. investor-owned electric companies are heavily invested in decarbonization and electrification, the Edison Electric Institute (EEI) told Wall Street analysts and bankers on Feb. 6. In its annual presentation to potential investors and industry observers, the trade association that represents every investor-owned electric companies in the nation lamented a number […]

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Crucial to Decarbonization, Costs Dim Prospects for Nuclear Power

A Massachusetts Institute of Technology (MIT) interdisciplinary study found that nuclear power has the potential to contribute greatly to the achievement of deep decarbonization goals, yet despite its promise, cost hinders the expansion of nuclear power. “The Future of Nuclear Energy in a Carbon-Constrained World” was released on September 3. It is the eighth in […]

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