POWER Notebook: GE Plant in France, Targeted for Job Cuts, Will Not Close

Credit to Author: Darrell Proctor| Date: Mon, 03 Jun 2019 19:56:07 +0000

The head of GE’s operations in France told a Paris newspaper that a French factory targeted for more than 1,000 job cuts will not close. GE last week said it wanted to make its operations in France more efficient and said changes would come at the Belfort plant in eastern France, which handles technology for […]

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POWER Notebook: Duke Energy Sells Renewable Assets in $1.25 Billion Deal

Credit to Author: Darrell Proctor| Date: Fri, 26 Apr 2019 15:33:39 +0000

Duke Energy this week said it has a definitive agreement to sell a minority interest in part of its commercial renewable energy portfolio owned and operated by its affiliate, Duke Energy Renewables, to the John Hancock Infrastructure Fund and John Hancock Life Insurance Company. Duke in an April 24 release said the interest is valued […]

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Duke Energy Projects Lead Carolinas’ Solar Expansion

Credit to Author: Darrell Proctor| Date: Wed, 17 Apr 2019 14:06:32 +0000

Duke Energy on April 17 announced it will develop six utility-scale solar power projects in North Carolina, among 14 solar projects chosen as part of the state’s Competitive Procurement of Renewable Energy (CPRE) program. The 14 projects—10 in North Carolina and four in South Carolina—could cost as much as $772.5 million to build according to […]

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N.C. Officials Order Duke Energy to Excavate Coal Ash Ponds

Credit to Author: Darrell Proctor| Date: Wed, 03 Apr 2019 15:56:50 +0000

North Carolina officials have ordered Duke Energy to excavate all its coal ash storage ponds in the state, saying the utility’s current plan for its coal ash sites does not sufficiently protect groundwater. The directive issued April 1 comes after regulators in other states, including Virginia, issued similar rulings regarding coal ash disposal in those […]

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CEOs Say Preserving the Nuclear Power Fleet Is Imperative

Credit to Author: Aaron Larson| Date: Thu, 28 Mar 2019 01:31:09 +0000

Several power-sector CEOs—appearing at the Bloomberg New Energy Finance (BNEF) Summit in New York this week—suggested that existing nuclear power plants should not be allowed to slowly vanish from the U.S. electricity grid under market pressure caused by cheap natural gas and the growth of renewable energy. The leaders submitted that nuclear power provides important […]

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Solar Power Is Economical Today, but Comes With Challenges

Credit to Author: Aaron Larson| Date: Wed, 27 Mar 2019 20:50:17 +0000

Depending on the deployment location and competing energy prices, photovoltaic solar panels are among the most cost-effective power solutions being added to the grid today, often without subsidies and other incentives. The revelation came during a panel discussion—which included several CEOs from the power sector—that took place at the Bloomberg New Energy Finance (BNEF) Summit […]

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Connected Plant 2019  ‘Game Changers’: The People Behind Digital Innovation

Credit to Author: Sonal Patel| Date: Fri, 01 Feb 2019 20:21:23 +0000

Behind the digital tools that make the industrial internet of things (IIOT) in the power generation and chemical process industries are people. The upcoming Connected Plant Conference—Feb. 19–21, 2019, in Charlotte, North Carolina—will recognize the achievements of 11 individuals and companies who are fast risers in the field. Through insight and experience, these “Game Changer” champions […]

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THE BIG PICTURE: World’s Biggest Power Companies

Credit to Author: POWER| Date: Fri, 01 Feb 2019 05:00:41 +0000

In 2017, the 10 largest power companies, ranked by their installed generation capacity, owned 18% of total global installed capacity, while the next-largest 15 owned around 10%—meaning that the top 25 companies own nearly 30% of global installed power generation capacity, according to the International Energy Agency (IEA). Chinese companies account for more than one-eighth of global installed […]

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Large Solar Projects Come Online in Hawaii, Florida

Credit to Author: Darrell Proctor| Date: Thu, 10 Jan 2019 17:55:58 +0000

Two large solar power projects—located more than 4,600 miles apart—recently came online in the U.S., providing service in Florida and Hawaii. Duke Energy on Jan. 8 announced its 74.9-MW Hamilton Solar Power Plant was online. The installation in Jasper, Fla., is part of the company’s plan to build or acquire at least 700 MW of […]

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Contamination Found in Water Near Illinois Coal Ash Dumps

Analysis based on testing mostly conducted by energy companies shows that water near all but two coal plants in Illinois is contaminated with toxic waste. The Chicago Tribune on November 28 reported that a compilation of industry-supplied data from 24 Illinois coal plants shows harmful levels of arsenic, chromium, lead, and other heavy metals in […]

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