GE Suing Siemens, Alleging ‘Stolen Trade Secrets’

Credit to Author: Darrell Proctor| Date: Thu, 14 Jan 2021 21:10:39 +0000

The post GE Suing Siemens, Alleging ‘Stolen Trade Secrets’ appeared first on POWER Magazine.

General Electric (GE) has filed a lawsuit accusing “willful and malicious misappropriation of GE’s trade secrets” by Siemens Energy, charging that a current Siemens employee “knowingly and surreptitiously” received GE intellectual property, which led to Siemens using the information to improve its own bids for lucrative contracts supplying gas turbines to utilities. GE in the […]

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GE Suing Siemens, Alleging ‘Stolen Trade Secrets’

Credit to Author: Darrell Proctor| Date: Thu, 14 Jan 2021 21:10:39 +0000

The post GE Suing Siemens, Alleging ‘Stolen Trade Secrets’ appeared first on POWER Magazine.

General Electric (GE) has filed a lawsuit accusing “willful and malicious misappropriation of GE’s trade secrets” by Siemens Energy, charging that a current Siemens employee “knowingly and surreptitiously” received GE intellectual property, which led to Siemens using the information to improve its own bids for lucrative contracts supplying gas turbines to utilities. GE in the […]

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History of Power: The Evolution of the Electric Generation Industry

Credit to Author: POWER| Date: Tue, 22 Dec 2020 05:00:00 +0000

The post History of Power: The Evolution of the Electric Generation Industry appeared first on POWER Magazine.

POWER magazine was launched in 1882, just as the world was beginning to grasp the implications of a new, versatile form of energy: electricity. During its 135-year history, the magazine’s pages have

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GE All-in to Fight Climate Change, Urges Accelerated Replacement of Coal Power

Credit to Author: Sonal Patel| Date: Wed, 16 Dec 2020 01:11:35 +0000

The post GE All-in to Fight Climate Change, Urges Accelerated Replacement of Coal Power appeared first on POWER Magazine.

Aeroderivative-gas-turbine-GE

General Electric (GE) has taken a marked step to position itself in the global fight against climate change, advocating for immediate and effective power sector decarbonization through a replacement of coal-fired power generation with a combination of renewables and natural gas-fired power.  The company laid out its position on Dec. 15 in a wide-ranging white […]

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GE All-in to Fight Climate Change, Urges Accelerated Replacement of Coal Power

Credit to Author: Sonal Patel| Date: Wed, 16 Dec 2020 01:11:35 +0000

The post GE All-in to Fight Climate Change, Urges Accelerated Replacement of Coal Power appeared first on POWER Magazine.

Aeroderivative-gas-turbine-GE

General Electric (GE) has taken a marked step to position itself in the global fight against climate change, advocating for immediate and effective power sector decarbonization through a replacement of coal-fired power generation with a combination of renewables and natural gas-fired power.  The company laid out its position on Dec. 15 in a wide-ranging white […]

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GE Will Pay $200M Penalty for Power Business Violations

Credit to Author: Sonal Patel| Date: Thu, 10 Dec 2020 17:13:31 +0000

The post GE Will Pay $200M Penalty for Power Business Violations appeared first on POWER Magazine.

General Electric (GE) has agreed to pay a $200 million penalty to settle claims by the U.S. Securities and Exchange Commission (SEC) that the company misled investors when it failed to disclose material information related to its power and insurance businesses. In an order on Dec. 9 capping an investigation that the SEC opened in […]

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Microgrids Increase Reliability, Resiliency

Credit to Author: Darrell Proctor| Date: Thu, 01 Oct 2020 18:33:19 +0000

The post Microgrids Increase Reliability, Resiliency appeared first on POWER Magazine.

Increasing the reliability and resiliency of the electricity supply is a focus of today’s power generation industry. In concert with that, more and more utilities, companies, and institutions are establishing internal clean energy goals, wanting to reduce their carbon footprint while ensuring a consistent supply of power for their operations. An (date) session of Experience […]

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Mitsubishi Power Snags Hydrogen Integration Contracts for 2 GW of New Gas Power

Credit to Author: Sonal Patel| Date: Wed, 02 Sep 2020 12:46:54 +0000

The post Mitsubishi Power Snags Hydrogen Integration Contracts for 2 GW of New Gas Power appeared first on POWER Magazine.

Three major gas-fired power projects—a total of 2.1 GW—in Eastern competitive markets that are slated to come online between 2023 and 2025 have chosen hydrogen pathways to ensure their long-term viability as states increasingly emphasize energy system decarbonization.  The plants, which represent a total investment of $3 billion, will adopt integrated green hydrogen solution packages […]

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Construction Begins on New Gas Plant in Alberta

Credit to Author: Darrell Proctor| Date: Fri, 28 Aug 2020 15:26:14 +0000

The post Construction Begins on New Gas Plant in Alberta appeared first on POWER Magazine.

Macquarie Capital and a handful of other development sponsors announced they have successfully closed financing for the C$1.5 billion ($1.2 billion U.S.) Cascade Power Project, a 900-MW combined cycle natural gas-fired generating plant near Edson, Alberta. The new facility (Figure 1), expected to meet more than 8% of the province’s average demand for power, will […]

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South Korea Forays into Gas Turbine Manufacturing

Credit to Author: Sonal Patel| Date: Mon, 03 Aug 2020 04:01:00 +0000

The post South Korea Forays into Gas Turbine Manufacturing appeared first on POWER Magazine.

Doosan Heavy Industries & Construction (DHIC) this summer made major strides to establish itself at the core of South Korea’s strategy to become only the fifth country to own an independent gas turbine

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