Markets – Page 24 – Thinking Port

Power Company Business Models Are Evolving [PODCAST]

May 29, 2019 admin aaron zahn, Business, business models, distributed energy, distributed power, jea, Markets, news, power podcasts, Renewables, Solar, the power podcast

Credit to Author: Aaron Larson| Date: Wed, 29 May 2019 21:08:31 +0000

The power industry is changing and power companies must evolve to stay competitive. Many businesses are transitioning from vertically integrated, centralized utility structures to more-distributed models. JEA offers a good case in point. JEA is a not-for-profit, community-owned utility located in Jacksonville, Florida. It serves an estimated 466,000 electric, 348,000 water, 271,000 sewer, and 11,000 […]

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Magazines

GE Gains Vattenfall’s Backing for Massive 12-MW Offshore Wind Turbine

May 23, 2019 admin Business, ge renewable, gwec, International, Markets, mhi vestas, news, offshore wind, Renewables, siemens gamesa, Technology, vattenfall, Wind

Credit to Author: Sonal Patel| Date: Thu, 23 May 2019 12:46:03 +0000

Swedish utility Vattenfall will take up deployment of the massive 12-MW Haliade-X offshore wind turbine in Europe, marking a major milestone for GE Renewable Energy’s effort to boost sales of the largest turbine currently on the market. The two companies agreed to cooperate after a year of “intensive exchanges during which Vattenfall conducted an in-depth […]

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Magazines

GE Is Banking on Africa’s Burgeoning Power Market

May 16, 2019 admin africa, Business, climate change, Coal, financing, Gas, ge, geothermal, Hydro, International, ipps, Markets, news, offgrid applications, Renewables, Solar, solar pv, southern africa power pool, Technology, White Paper, Wind

Credit to Author: Sonal Patel| Date: Thu, 16 May 2019 13:43:35 +0000

Sub-Saharan Africa’s power generation capacity is projected to surge 4% annually through 2040, and its current energy mix—which is today dominated by hydro and coal—will likely be more diversified as interest rises in renewables such as solar and wind, General Electric (GE) said in a white paper released in May, surveying market opportunities in the […]

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Magazines

Industrial Gas Turbine Demand Grows [PODCAST]

May 16, 2019 admin Business, distributed energy, distributed power, Gas, gas turbine, holland energy park, industrial gas turbine, International, Markets, news, Plant Design, Research and Development, sgt-800, siemens, Technology, the power podcast

Credit to Author: Aaron Larson| Date: Thu, 16 May 2019 13:05:36 +0000

When it comes to gas turbines, size matters. Although the market for large, heavy-duty gas turbines has been challenging in recent years, demand for industrial gas turbines—generally units with output ranging from about 5 MW to 100 MW—has been growing, according to Reed Lengel, product line manager for SCC-800 solutions with Siemens Energy. “When you […]

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Magazines

GE Tops MHPS, Siemens in 1Q Turbine Orders

May 14, 2019 admin Business, Gas, gas turbines, ge, ha gas turbine, International, Markets, mhps, news, Renewables, siemens

Credit to Author: Darrell Proctor| Date: Tue, 14 May 2019 18:41:35 +0000

General Electric, Siemens, and Mitsubishi Hitachi Power Systems confirmed their gas turbine sales for the year’s first quarter, with GE taking the top spot with six orders for its advanced HA-class unit. The three companies on May 14 confirmed the numbers to Reuters. GE, which had no sales in the same period a year ago, […]

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Magazines

Insights Into Siemens’ Stunning Gas and Power, Renewables Shakeup

May 12, 2019 admin abb, Business, carveout, Energy Storage, Gas, gas and power, gas turbine market, ge, general, hitachi, International, lisa davis, market case, Markets, mhps, newco., news, Renewables, siemens, spinoff, supply chains, T&D, Technology, Wind, workforce

Credit to Author: Sonal Patel| Date: Mon, 13 May 2019 03:05:05 +0000

In the days following its May 7 announcement that it will spin off its Gas and Power business, Siemens has fleshed out how and when the carveout will occur, laid out its reasons for lumping its energy businesses together, and put forth a market case for why a business separation may be a “win-win” situation […]

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Magazines

ERCOT Warns of Summer Emergency Conditions as Demand Continues to Soar

May 9, 2019 admin Business, cdr, Coal, Energy Storage, ercot, Gas, imm, Markets, news, potomac, Power Demand, reliability, Renewables, sara, Solar, tcpa, Technology, texas, Wind

Credit to Author: Sonal Patel| Date: Thu, 09 May 2019 13:40:43 +0000

The Electric Reliability Council of Texas (ERCOT) has issued a fresh warning that continued “above-normal” growth in electric demand could require it to enter Energy Emergency Alert (EEA) status to maintain system reliability this summer. As it released its final Seasonal Assessment of Resource Adequacy (SARA) for the upcoming summer season (June to September), a […]

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Magazines

Siemens Will Exit Power, Gas, Renewable Businesses

May 7, 2019 admin Business, digital, Gas, gas and power, International, Markets, mhps, news, power, Renewables, shareholders, siemens, smart infrastructure, Technology, vision 2020

Credit to Author: Sonal Patel| Date: Tue, 07 May 2019 17:12:37 +0000

Siemens will spin off and give up its majority stake in its lucrative Gas and Power division—comprising its conventional power generation, power transmission, oil and gas, and related services businesses—and transfer its current majority 59% stake in Siemens Gamesa Renewable Energy (SGRE) to the new business. The company’s supervisory board announced the spinoff on May 7 […]

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Magazines

EPA Will Issue Final Carbon Rules for Power Plants in June

May 7, 2019 admin ace rule, Business, carbon regulations, Clean Power Plan, climate change, Coal, courts, Environmental, EPA, Gas, ghgs, heat rate, Legal & Regulatory, Markets, news, OMB, Technology, Trump

Credit to Author: Sonal Patel| Date: Tue, 07 May 2019 13:49:09 +0000

The Environmental Protection Agency (EPA) plans to take final action to repeal the Clean Power Plan in June 2019, a federal court filing shows. The agency told the D.C. Circuit—in a May 6 status report—review of the Obama-era rule that sets the first carbon dioxide limits for existing power plants “continues to be a high […]

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Magazines

NuScale Gains Potential Financial Backing for Worldwide SMR Deployment

May 1, 2019 admin bruce, Business, DOE, doosan, idaho falls, International, jordan, Markets, news, NRC, Nuclear, NuScale, Romania, Technology, uamps

Credit to Author: Sonal Patel| Date: Wed, 01 May 2019 22:35:20 +0000

NuScale Power, the front-runner in the race to commercialize small modular reactors (SMRs), has bagged another major backer that could broaden its nuclear supply chain base and expand its financial standing. On April 29, NuScale signed a memorandum of understanding (MOU) with Doosan Heavy Industries and Construction (DHIC), a South Korean–based engineering, procurement, and construction […]

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