GE, MHPS Vie for Top Spot in Fiercely Competitive Gas Turbine Market

Credit to Author: Sonal Patel| Date: Thu, 14 Feb 2019 15:05:42 +0000

Mitsubishi Hitachi Power Systems (MHPS) appears to have snagged the lead in an intensifying competition in a mostly flat market for heavy-duty gas turbines of above 100 MW, but GE retained its lead both for overall installed gas turbine capacity and units in 2018, a much-watched industry ranking suggests. Data from McCoy Power Reports’ latest […]

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Pennsylvania Is Newest Nuclear Subsidy Battleground

Credit to Author: Sonal Patel| Date: Thu, 14 Feb 2019 14:29:40 +0000

Pennsylvania, the nation’s second-largest nuclear power-producing state, is now definitively a battleground for nuclear power subsidies.  Last week, in two memos that were circulated in the state House and Senate, seven lawmakers signaled they would soon introduce legislation that would update a 2004 state law—the Alternative Energy Portfolio Standards (AEPS)—to include nuclear power. The law […]

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Financial and Gas Turbine Blade Troubles Plague GE Power

Credit to Author: Sonal Patel| Date: Thu, 07 Feb 2019 14:27:09 +0000

GE Power’s financials spun out further on a dismal trajectory during the fourth quarter of 2018, plagued by slack market demand for products and services, technical glitches of a flagship gas turbine model, and poor project execution. Despite a series of divestments and corporate reshuffles, including of leadership, for the 12 months that ended on […]

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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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DOE and FERC Mull Incentivizing Cybersecurity, Physical Security of Power and Gas Infrastructure

Credit to Author: Sonal Patel| Date: Mon, 04 Feb 2019 20:22:17 +0000

The U.S. Department of Energy (DOE) and Federal Energy Regulatory Commission (FERC) want to explore how federal and state authorities could incentivize cybersecurity and physical security in the power and natural gas sectors. The agencies issued a notice on Feb. 4announcing they would jointly hold a technical conference on Thursday, March 28, 2019, from 10 […]

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Energy-Efficiency Programs Benefit Us All

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

Utility-sponsored energy-efficiency programs have always seemed like a contradiction to me. Obviously, power companies make money by selling electricity, so encouraging customers to install energy-efficient

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COP24’s Hefty Impact on the Power Sector

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

Two weeks of intense negotiations at the 24th meeting of the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP) in Katowice, Poland, last December culminated in

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Polar Vortex Tests Resiliency of U.S. Power System 

Credit to Author: Sonal Patel| Date: Thu, 31 Jan 2019 14:28:54 +0000

Brutally cold temperatures in the midwestern and northeastern U.S. spurred grid operator alerts as natural gas demand has surged, power prices have soared, and there have been forced generator outages.  The polar vortex, an extreme cold event characterized by back-to-back cold fronts, has so far prompted states of emergency in Wisconsin, Illinois, and Michigan. On […]

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Colstrip Power Plant Threatened by Westmoreland Bankruptcy

Credit to Author: Aaron Larson| Date: Wed, 30 Jan 2019 19:40:29 +0000

The Colstrip Power Plant, a four-unit, 2,094-MW coal-fired station located about 100 miles east of Billings, Montana, could see its coal supply contract nullified as a result of Westmoreland Coal Co.’s Chapter 11 bankruptcy reorganization. Westmoreland operates the 25,000-acre Rosebud coal mine, among others. Rosebud is adjacent to the Colstrip plant and supplies almost all […]

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GE Restructure Will See Leaner Power but Heftier Renewable Energy Division

Credit to Author: Sonal Patel| Date: Wed, 30 Jan 2019 16:28:11 +0000

GE has announced it will integrate its renewables, grid, and energy storage assets into a simplified, single business that nearly doubles the size of its Renewable Energy division, as the company banks on the accelerated uptake of grid-connected renewables worldwide.  The expansion will see GE’s grid solutions, solar solutions, and storage businesses move from GE […]

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