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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Iraqi Official Casts Doubt on Deals With GE, Siemens

Credit to Author: Darrell Proctor| Date: Mon, 11 Feb 2019 01:03:00 +0000

Multibillion-dollar energy deals that both Siemens and General Electric (GE) signed with the Iraqi government last year may not come to fruition, according to the country’s electricity minister. The Financial Times on February 10 reported that Luay Al-Khatteeb, who took his post late last year after the deals were brokered, told the newspaper, “I don’t […]

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Blockchain Technology Will Transform the Power Industry

Credit to Author: POWER| Date: Wed, 02 Jan 2019 04:59:00 +0000

What began in the world of finance has moved into the power sector. Blockchain, a nascent technology most often associated with cryptocurrency, is a new frontier in the energy space, changing the way power is

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POWER’s Top 10 Most-Read Stories from 2018

Credit to Author: Aaron Larson| Date: Thu, 20 Dec 2018 12:01:39 +0000

There’s never a dull moment in the power industry, and like most years, 2018 was filled with many interesting developments. As it has been for more than 135 years, POWER was there to break the news. The following 10 articles were the most-read online stories of the year. #10: New York Denies Air Permit for […]

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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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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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Novel Floating Power Plants on the Horizon

For decades, floating power plants have been used widely as a source of flexible, decentralized power generation for several reasons. Among them are that they can be built cost-effectively and rapidly; they

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Reports: Trump Administration Supports GE Over Siemens in $15B Iraq Deal

Iraq signed a memorandum of understanding on October 15 to develop power plants in the country with General Electric (GE). The Financial Times on October 18 said the $15 billion deal was brokered after senior officials in the administration of U.S. President Donald Trump warned Iraq that relations with the U.S. would be threatened if Iraq […]

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New York Gas Plant Comes Online Despite Opposition

The Valley Energy Center in Orange County, New York, entered commercial operation on October 1 despite complaints from local officials and area residents about noise from the plant, among other concerns. Community members spoke out against the plant at public hearings last week, saying they have felt sick when the plant has undergone test runs […]

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Transparency Instrumental in Successful Power Plant Project

Public perceptions can make or break a project. One municipal utility found that out firsthand. When resistance grew strong against a new power plant it needed, the company rebooted and engaged with local

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