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Updated 2025-08-11 22:15
Japanese JV Will Invest $935M in U.S. Power Projects
A joint venture of two Japanese energy companies reportedly plans to invest $935 million on U.S. power generation projects. Tokyo Electric Power Co. (TEPCO) and Chubu Electric Power, through their JERA joint venture, would make the investment by 2030, according to Asian news reports. AsiaElec reported that JERA currently has about 3,000 MW of generation in […]The post Japanese JV Will Invest $935M in U.S. Power Projects appeared first on POWER Magazine.
Helicopter Market Encouraged by Growth in Offshore Wind Farms
Waypoint Leasing, a global firm that claims to be the world’s largest independent helicopter leasing company, has identified offshore wind farms as a growth opportunity for the helicopter market. Although still a small market, offshore wind power is expected to grow in coming years. According to WindEurope, a Brussels, Belgium-based wind industry advocacy group, a […]The post Helicopter Market Encouraged by Growth in Offshore Wind Farms appeared first on POWER Magazine.
Report: Technology, Renewables Will Grow Turbine Market
The growth in power generation from renewable energy sources, along with the continued shift from coal-fired generation to natural gas, is expected to drive the global market for turbines over the next several years, according to a report released by international business analysts Research and Markets. The Dublin, Ireland-based company in an April 25 news […]The post Report: Technology, Renewables Will Grow Turbine Market appeared first on POWER Magazine.
On the Horizon: Utility Drone Flights Beyond Visual Line of Sight
The Federal Aviation Administration (FAA) is taking steps to more quickly enable flights of unmanned aerial systems (UAS) beyond visual line of the operator’s sight (BVLOS), though no changes are planned to a rule that governs visual line of sight in aircraft operations. The agency that is responsible for the safety of civil aviation under […]The post On the Horizon: Utility Drone Flights Beyond Visual Line of Sight appeared first on POWER Magazine.
EPA Declares Forest Biomass Is ‘Carbon Neutral’
Future regulatory actions issued by the U.S. Environmental Protection Agency (EPA) will treat biomass from managed forests as carbon neutral when used for energy production at stationary sources, an agency policy statement declares. EPA Administrator Scott Pruitt, who revealed the policy statement on April 23 during a meeting with Georgia forestry leaders, also said the […]The post EPA Declares Forest Biomass Is ‘Carbon Neutral’ appeared first on POWER Magazine.
CenterPoint, Vectren Merging in $8 Billion Deal
CenterPoint Energy, a Houston, Texas-based natural gas and electric utility company with sales and services operations in more than 30 states, on April 23 said it would buy Evansville, Indiana-based Vectren in a deal valued at more than $8 billion, including the assumption of more than $2 billion in Vectren debt. Both companies in statements […]The post CenterPoint, Vectren Merging in $8 Billion Deal appeared first on POWER Magazine.
Alarming Increase in Cybersecurity Threats Prompts Spate of Government Action
Lawmakers, industry, and government entities, including the Department of Energy (DOE) and the National Institute of Standards and Technology (NIST), this week released a string of measures responding to mounting cybersecurity attacks by state-sponsored actors. A Revised Cybersecurity Framework On April 16, the Commerce Department’s NIST, a federal standards laboratory, released an updated version of […]The post Alarming Increase in Cybersecurity Threats Prompts Spate of Government Action appeared first on POWER Magazine.
Russian Cyber Actors Preying on Network Devices, Authorities Warn
Russian state-sponsored cyber actors are exploiting routers and other network infrastructure devices worldwide to conduct man-in-the-middle attacks that specifically target critical infrastructure providers and other sectors, the U.S. Department of Homeland Security (DHS), the FBI, and the UK’s National Cyber Security Centre (NCSC) warned in a new joint technical alert. In the U.S. Computer Emergency […]The post Russian Cyber Actors Preying on Network Devices, Authorities Warn appeared first on POWER Magazine.
Costs and Emissions Will Increase If Nuclear Plants Close
A report released this week by The Brattle Group says that if four nuclear power plants in Ohio and Pennsylvania are allowed to retire early it will cause “substantially higher emissions of CO2 and other pollutants” and that there will be “a significant increase in electricity prices” not only in the two states, but also […]The post Costs and Emissions Will Increase If Nuclear Plants Close appeared first on POWER Magazine.
Utility Reaches Settlement in Emissions Lawsuit
The Colorado Springs City Council, which also serves as the board for community-owned Colorado Springs Utilities (CSU), approved the settlement of a lawsuit brought against the city’s downtown coal-fired Martin Drake Power Plant, an agreement that in part promises CSU will look at options for 100% of its power to come from renewable sources as […]The post Utility Reaches Settlement in Emissions Lawsuit appeared first on POWER Magazine.
Distributed Energy Systems Are Reliable Solutions [PODCAST]
More and more people are finding distributed energy solutions are the answer for their power resource challenges. Distributed energy comes in many forms. Renewables such as solar and wind are top-of-mind when most people think of distributed resources, but natural gas-fired generation is often a good fit too, because it adds reliability to the system […]The post Distributed Energy Systems Are Reliable Solutions [PODCAST] appeared first on POWER Magazine.
Group Says RGGI Has Generated $4 Billion in Economic Activity
A study from an economic, financial, and strategy consulting group says the Regional Greenhouse Gas Initiative (RGGI), a multi-state program designed to cap emissions from power plants in the northeastern U.S., has generated $4 billion in net economic activity even as it has increased electricity prices in the region. The report from the Analysis Group, […]The post Group Says RGGI Has Generated $4 Billion in Economic Activity appeared first on POWER Magazine.
New Jersey Legislature Backs Nuclear Subsidies
New Jersey’s Assembly and Senate in separate actions on April 12 passed bills to ensure continued operation of PSEG’s Salem and Hope Creek nuclear power plants. Lawmakers also passed bills to modify the state’s renewable portfolio standards and for support of a pilot offshore wind farm. Legislation (S-2313/A-3724) directing the Board of Public Utilities (BPU) […]The post New Jersey Legislature Backs Nuclear Subsidies appeared first on POWER Magazine.
Under Competitive Pressure, Nuclear Industry Doing All It Can, NEI Head Says
The nation’s paramount nuclear power trade group has launched a wide-ranging strategy to help generators stay profitable in tight markets, the head of the Nuclear Energy Institute (NEI) told Wall Street analysts on April 12. In an address broadcast on Facebook, Maria Korsnick, NEI president and CEO, said that nuclear plants that operate in competitive […]The post Under Competitive Pressure, Nuclear Industry Doing All It Can, NEI Head Says appeared first on POWER Magazine.
New Jersey Lawmakers to Vote on Nuclear Subsidies, Renewables, Offshore Wind Bills
New Jersey’s Assembly and Senate are both poised to vote on controversial bills that seek to subsidize the state’s nuclear power plants, modify the renewables portfolio standard, and support a pilot offshore wind farm. Lawmakers on April 12 could pass the package of bills, which includes S-2313, a bill directing the Board of Public Utilities […]The post New Jersey Lawmakers to Vote on Nuclear Subsidies, Renewables, Offshore Wind Bills appeared first on POWER Magazine.
Proposed Power Plant Sparks Debate in New Jersey
Debate continues over a proposed $1.5 billion power plant that would be built in North Bergen, New Jersey, and would send electricity to New York City. The project includes a 1,200-MW combined cycle facility, along with a 6.5-mile 345-kV underground and submarine cable that would go through Bergen County, under the Hudson River, and connect […]The post Proposed Power Plant Sparks Debate in New Jersey appeared first on POWER Magazine.
Insiders Doubted SCANA’s Ability to Manage Nuclear Project
Santee Cooper executives doubted SCANA Corp.’s ability to properly manage the V.C. Summer nuclear expansion project for years before the project was ultimately abandoned in July 2017, according to an article published by The Post and Courier, a Charleston, S.C., newspaper. Santee Cooper—a state-run utility—partnered with SCANA as owners of the project; SCANA holds a […]The post Insiders Doubted SCANA’s Ability to Manage Nuclear Project appeared first on POWER Magazine.
[SLIDESHOW] A Decade of POWER’s Plant of the Year Winners
A showcase of winners of POWER magazine’s highest accolade over the past decade (2017 to 2006). If you think your plant or project compares to these winners, submit a nomination form for the 2017 Plant of the Year or Top Plant awards to POWER‘s editors before the April 13 deadline. POWER magazine, which turned 135 years old this year, […]The post [SLIDESHOW] A Decade of POWER’s Plant of the Year Winners appeared first on POWER Magazine.
Investments in Renewables Dwarf New Coal, Gas Generation
A report from groups including the United Nations environmental arm and Bloomberg New Energy Finance (BNEF) shows renewable energy installations were responsible for 61% of the world’s net power capacity additions in 2017, more than double the new-builds from fossil fuel-powered generation. The Global Trends in Renewable Energy Investment 2018 report, compiled by BNEF, the […]The post Investments in Renewables Dwarf New Coal, Gas Generation appeared first on POWER Magazine.
Power Industry Continues to Face Uncertainty and Change [PODCAST]
Tennessee Valley Authority (TVA) CEO Bill Johnson in an exclusive interview with POWER suggested that the power industry continues to face an uncertain future. Johnson said that during his 40-year career, he has seen more change in the last five years than in the previous 35 combined. Several indicators imply that will continue going forward. […]The post Power Industry Continues to Face Uncertainty and Change [PODCAST] appeared first on POWER Magazine.
PJM: More Than 3,600 MW Will Retire in 2018
Data from regional transmission organization (RTO) PJM Interconnection shows about 630 MW of power generation will be taken offline in the grid operator’s territory in April, with more than 3,600 MW scheduled to be retired this year, according to the organization’s website. This month’s deactivations are scheduled to begin April 16. Last week, Ohio power […]The post PJM: More Than 3,600 MW Will Retire in 2018 appeared first on POWER Magazine.
Test Your Knowledge: Steam Turbine Rotor Vibration
Steam turbine rotors are susceptible to bending during some operational evolutions, which can lead to excessive vibration and ultimately failure. Rotor bending that results in premature failure of steam turbine blades and other internal components is one of the most serious problems experienced in power plants. The problems often reduce plant availability by limiting generation […]The post Test Your Knowledge: Steam Turbine Rotor Vibration appeared first on POWER Magazine.
Duke Energy Ready to Commission New Florida Gas Plant
Duke Energy Florida will commission both units of its new 1,640-MW Citrus gas-fired combined cycle power plant (Figure 1) by the end of 2018. The company on April 3 said the 820-MW Unit 1 will come online in September, with a second 820-MW unit entering service in November. Construction of the $1.5 billion plant began […]The post Duke Energy Ready to Commission New Florida Gas Plant appeared first on POWER Magazine.
Offshore Wind Surge Threatens Merchant Generator Profits
Two recent project announcements indicate that the U.S. offshore wind sector is burgeoning, bolstered by falling prices and ramped-up political support. A credit ratings agency warns, however, that the sector’s growth could increasingly pressure profit margins of merchant generators in New England, New York, and New Jersey. On March 14, Danish offshore giant Ørsted and […]The post Offshore Wind Surge Threatens Merchant Generator Profits appeared first on POWER Magazine.
EPRI: Electrification to Reshape Power Landscape
Even in the absence of climate policy, customer adoption of electric end-use technologies over the next 30 years is expected to spur steady growth in energy consumption, a new report assessing U.S. electrification from the Electric Power Research Institute (EPRI) suggests. The April 3–released report, “U.S. National Electrification Assessment,” is based on findings by EPRI’s […]The post EPRI: Electrification to Reshape Power Landscape appeared first on POWER Magazine.
[Updated] Troubled FirstEnergy Companies Seek Bankruptcy Protection
FirstEnergy Corp.’s competitive arm FirstEnergy Solutions (FES) and several key subsidiaries, including FirstEnergy Nuclear Operating Co. (FENOC), on March 31 sought Chapter 11 bankruptcy protection. FirstEnergy said the move would facilitate an “orderly financial restructuring” and accelerate its strategy to become a fully regulated utility. FES—the parent company of FE Aircraft Leasing Corp., FirstEnergy Generation, […]The post [Updated] Troubled FirstEnergy Companies Seek Bankruptcy Protection appeared first on POWER Magazine.
THE BIG PICTURE [INFOGRAPHIC]: Changing Fleets
The generating fleets owned by some of the largest companies in the U.S. (ranked here by capacity in 2017) have transformed over the past four years, in some cases dramatically, as total revenues fluctuated. Sources: Fidelity Investments (revenue data standardized by S&P Capital IQ); EIA-860 detailed data; SEC 10-K filings, and company websites. —Copy and artwork by Sonal Patel, a […]The post THE BIG PICTURE [INFOGRAPHIC]: Changing Fleets appeared first on POWER Magazine.
Advanced Boiler and HRSG Designs Offer Improved Performance
Innovative boiler and heat recovery steam generator (HRSG) designs are improving efficiency, reducing emissions, and lowering maintenance costs. Some well-proven technology, such as circulating fluidized bedThe post Advanced Boiler and HRSG Designs Offer Improved Performance appeared first on POWER Magazine.
Equipment Showcase [April 2018]
Diesel-powered or gas-powered engines are the popular options for those wanting a generator as a prime power or standby, backup power source. A recent report from ResearchAndMarkets.com says the generatorThe post Equipment Showcase [April 2018] appeared first on POWER Magazine.
Operator Qualification and Training for the Power Industry
Skill levels generally differ between plant operator shifts. Further, these differences often cause divides among the shifts that result in unequal divisions of responsibility. Comprehensive, performance-basedThe post Operator Qualification and Training for the Power Industry appeared first on POWER Magazine.
Disaster Preparedness: The Quest for Transformer Resilience
Though critical to the nation’s power grid, large power transformers are some of the most vulnerable components in the system. Armed with a shared determination for resiliency, government, industry, gridThe post Disaster Preparedness: The Quest for Transformer Resilience appeared first on POWER Magazine.
Quick Starts, High Efficiency, Grid Balance — Engines on an Up Cycle
The growth of renewable energy, and with it the need for reliable backup generation, along with the increase in combined heat and power applications, is contributing to a rise in the use of reciprocatingThe post Quick Starts, High Efficiency, Grid Balance — Engines on an Up Cycle appeared first on POWER Magazine.
Innovative Firefighting Technology Improves Equipment, Personnel Safety
A hybrid fire protection system has the ability to discharge a cloud of hybrid media into protected spaces to extinguish fires without the use of dangerous chemicals. The hybrid cloud is based on cyclonicThe post Innovative Firefighting Technology Improves Equipment, Personnel Safety appeared first on POWER Magazine.
FirstEnergy Entreats DOE to Save Coal and Nuclear Plants
A day after FirstEnergy Corp.’s competitive arm notified PJM Interconnection it would close four uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, it urged Energy Secretary Rick Perry to issue an emergency order directing the regional transmission organization (RTO) to secure nuclear and coal capacity for long-term reliability. FirstEnergy […]The post FirstEnergy Entreats DOE to Save Coal and Nuclear Plants appeared first on POWER Magazine.
Minnesota May Be Next to Support Nuclear Plants
Following the lead of Illinois and New York, which have enacted policies supporting nuclear power plants, the Minnesota Legislature is weighing a bill that could help the owner of two nuclear facilities within its borders. Minnesota is home to the single-unit 671-MW Monticello nuclear plant and the dual-unit 1,100-MW Prairie Island plant (Figure 1). Xcel […]The post Minnesota May Be Next to Support Nuclear Plants appeared first on POWER Magazine.
FirstEnergy to Shutter Four Uneconomic Nuclear Units by 2021
FirstEnergy Corp. will close four uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, the company’s competitive arm notified PJM Interconnection on March 28. FirstEnergy Solutions (FES) told the regional transmission organization that it will close the 908-MW Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, by 2020; the twin-unit […]The post FirstEnergy to Shutter Four Uneconomic Nuclear Units by 2021 appeared first on POWER Magazine.
Texas Consolidated NuclearWasteStorage Facilityto BeRevived
Waste Control Specialists (WCS) and Orano USA intend to revive licensing of a consolidated interim storage facility (CISF) in Andrews County, Texas, where spent nuclear fuel (SNF) from reactors across the country can be stored until a permanent repository is developed. The companies said on March 13, 2018, they intend to form a joint venture […]The post Texas Consolidated Nuclear Waste Storage Facility to Be Revived appeared first on POWER Magazine.
Westinghouse Reorganization Approved by Bankruptcy Court
On March 27, the U.S. Bankruptcy Court for the Southern District of New York approved Westinghouse Electric Co.’s plan of reorganization. Westinghouse said the approval is “a significant milestone in the company’s strategic restructuring,” which involves its sale to Brookfield Business Partners L.P. Brookfield announced on January 4, 2018, that it had entered into an […]The post Westinghouse Reorganization Approved by Bankruptcy Court appeared first on POWER Magazine.
NRG Sheds Generation Emphasis, Puts More Focus on Retail
To remain competitive in power markets increasingly characterized by disruptions, NRG Energy plans to accelerate its transition from a pure independent power producer (IPP) model to a more simplified customer-driven integrated power model that favors its retail businesses. In a number of presentations showcased on March 27 as part of NRG’s 2018 Analyst Day, company […]The post NRG Sheds Generation Emphasis, Puts More Focus on Retail appeared first on POWER Magazine.
GE HA Turbine Snags Another World Record for CCGT Efficiency
Chubu Electric’s Nishi-Nagoya power plant Block-1 in Japan, a plant powered by three GE 7HA turbines and Toshiba Energy Systems & Solutions steam turbine and generator technology, is officially the world’s most efficient combined-cycle power plant, according to Guinness World Records. The entity that collects and showcases ultimate record-breaking facts highlighted the plant’s achievement of […]The post GE HA Turbine Snags Another World Record for CCGT Efficiency appeared first on POWER Magazine.
CAISO Backs PG&E Clean Energy Plan for Oakland
The California Independent System Operator (CAISO) has approved a request from Pacific Gas and Electric Company (PG&E) to provide a mixture of energy storage, energy efficiency, and system-wide upgrades to ensure reliable electricity in the Oakland, California, area, after the retirement of an aging Dynegy jet fuel-powered plant. PG&E received CAISO approval for its Oakland […]The post CAISO Backs PG&E Clean Energy Plan for Oakland appeared first on POWER Magazine.
GenOn Selling More Assets in Restructuring
GenOn Energy, a unit of NRG Energy that filed for bankruptcy in June 2017, said it has agreed to sell two units of the Canal Generating Plant to Stonepeak Kestrel, a subsidiary of Stonepeak Infrastructure Partners, a private equity firm with offices in New York City and Houston, Texas. The Canal plant in Sandwich, Massachusetts, […]The post GenOn Selling More Assets in Restructuring appeared first on POWER Magazine.
Resource Diversification a Key for TVA [PODCAST]
Joe Grimes, executive vice president of generation with the Tennessee Valley Authority (TVA), gave the keynote presentation during the ELECTRIC POWER Conference and Exhibition, which was held March 19–22 in Nashville, Tennessee. His presentation focused on steps TVA is taking to diversify its generation portfolio in order to reduce risks and keep costs as low […]The post Resource Diversification a Key for TVA [PODCAST] appeared first on POWER Magazine.
Watts Bar 2: The Long and Winding Road to Completion [PODCAST]
The Watts Bar 2 nuclear unit has a lengthy and well-chronicled history. Construction began on the unit in 1973. It was suspended in 1985 due to slower electricity demand growth, rising construction costs due to inflation and new regulatory requirements stemming from the accident at Three Mile Island in 1979, and regulatory concerns throughout the […]The post Watts Bar 2: The Long and Winding Road to Completion [PODCAST] appeared first on POWER Magazine.
Moody’s: Battery Storage Viability is Increasing
Battery storage’s emergence as a tool to boost grid reliability and a viable project finance opportunity is good news for utilities and grid operators, said Moody’s Investor Service in an infrastructure and project report on March 19. The ratings agency noted that currently, lithium ion battery costs hover at about $400/kWh installed—the battery itself which […]The post Moody’s: Battery Storage Viability is Increasing appeared first on POWER Magazine.
Duke Energy Eyes More Coal Closures as Part of Decarbonization Drive
Giant U.S. energy holding company Duke Energy in a new report outlined for shareholders how it will achieve a goal updated last year to reduce its 2030 carbon dioxide emissions 40% compared to 2005 and achieve a “science-based 2-degree target.” The company’s 2017 Climate Report to Shareholders made public on March 22 unveils a strategy […]The post Duke Energy Eyes More Coal Closures as Part of Decarbonization Drive appeared first on POWER Magazine.
Novel Technology Featured at ELECTRIC POWER Event
The 20th annual ELECTRIC POWER Conference and Exhibition wrapped up on March 22. The event included nearly 200 exhibitors, with many offering interesting demonstrations of innovative new products. A sampling of some are presented below. Deep Trekker Inc. supplies high-quality, commercial-grade, remotely operated vehicles—underwater drones—specifically designed and developed to make underwater observation easy and affordable. […]The post Novel Technology Featured at ELECTRIC POWER Event appeared first on POWER Magazine.
Utility Managers Build Business Case for Digital Technologies
The rise of digital technologies for power plants has moved in fits and starts over the past several years, with some generators quickly embracing digitization of their assets while others are looking to justify potential investments. Suppliers of digital technologies have widely marketed the benefits, but many generators are looking to current end users for […]The post Utility Managers Build Business Case for Digital Technologies appeared first on POWER Magazine.
Turbine Manufacturers Tout Improvements During ELECTRIC POWER Conference
Turbine manufacturers continue to upgrade their products with technology enhancements to meet market demands for more flexibility and higher efficiency. Suppliers for combined cycle power plants outlined several of those advancements during POWER magazine’s ELECTRIC POWER Conference + Exhibition in Nashville, Tennessee this week. Executives from Mitsubishi Hitachi Power Systems America (MHPS), Siemens, and GE […]The post Turbine Manufacturers Tout Improvements During ELECTRIC POWER Conference appeared first on POWER Magazine.
Rosatom Still Committed to 2023 Startup for Turkey’s First Nuclear Plant
Rosatom in a March 21 statement said changes to the ownership group involved with Turkey’s first nuclear power plant should not further delay construction of the facility, which has struggled with setbacks since the Russian nuclear corporation was awarded the construction contract in 2010. The Akkuyu Nuclear Power Plant (Figure 1) is a planned 4,800-MW […]The post Rosatom Still Committed to 2023 Startup for Turkey’s First Nuclear Plant appeared first on POWER Magazine.
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