The POWER Interview: Using AI to Optimize the Power Grid

Credit to Author: Darrell Proctor| Date: Tue, 30 May 2023 16:13:12 +0000

There is a continued push in the power generation sector to make the industry more efficient through the use of artificial intelligence (AI), machine learning, and data science. Several companies […]

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Green Hydrogen: Businesses Should Know the Potential, and the Risks

Credit to Author: Blanca Berreguete| Date: Tue, 10 Jan 2023 15:47:29 +0000

From the Apollo space missions to the Zeppelin airships, human ingenuity has long dreamed up ways to make the power of hydrogen fly. Now, as the world powers up to reach climate goals in the midst of an energy crisis, the universe’s most abundant element is once again taking up airtime as debate continues over […]

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The POWER Interview: 3D Printing as a Supply Chain Solution

Credit to Author: Darrell Proctor| Date: Fri, 30 Dec 2022 14:50:33 +0000

Issues with the global supply chain have impacted the power generation sector, in much the same way those problems have affected other industries. Sourcing of materials, including spare parts for boilers and turbines, solar panels and other solar-related equipment, and items needed for wind power and other renewable energy sources, has delayed projects worldwide. The […]

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U.S.’s Natural Gas-Fired Power Plants Set Daily Production Records in July Despite High Fuel Prices

Credit to Author: Aaron Larson| Date: Thu, 25 Aug 2022 14:26:11 +0000

The U.S. Energy Information Administration (EIA) reported that electricity generated by natural gas–fired power plants in the lower 48 states reached 6.37 TWh on July 21, setting a new record high for a day. In fact, the previous high, set on July 27, 2020, was broken three times during that week in July, first on […]

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AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head

Credit to Author: Sonal Patel| Date: Fri, 12 Aug 2022 16:33:38 +0000

American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]

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Is Carbon Pricing the Key to a Clean Energy Future? [PODCAST]

Credit to Author: Aaron Larson| Date: Wed, 04 Dec 2019 14:37:30 +0000

The post Is Carbon Pricing the Key to a Clean Energy Future? [PODCAST] appeared first on POWER Magazine.

The New York Independent System Operator (NYISO) has proposed incorporating the social cost of carbon into the wholesale price of electricity. According to an October-released study conducted by the consulting firm Analysis Group, “A carbon price in NYISO’s competitive wholesale power markets can help deliver New York’s clean-energy transition in faster, cheaper, more reliable, more […]

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Iraq Chooses Siemens as Partner in $15 Billion Power Deal

Credit to Author: Darrell Proctor| Date: Tue, 30 Apr 2019 14:43:52 +0000

Iraqi Prime Minister Adel Abdul Mahdi and Germany-based Siemens on April 30 confirmed reports that Iraq has chosen Siemens as its main partner in what it calls a “roadmap” agreement to develop power generation projects in the country. Siemens in a news release Tuesday confirmed that the document was signed by Joe Kaeser, president and […]

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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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The Power Industry Is Transforming, One Municipal Utility Offers a Case in Point

Credit to Author: Aaron Larson| Date: Wed, 05 Dec 2018 04:19:25 +0000

POWER-GEN International kicked off on December 4 with a keynote presentation focused on evolving power generation schemes and changing business models. Gregory Lee, commission president with Orlando Utilities Commission (OUC), the municipally owned public utility that provides water and electric service to Orlando, Florida, and portions of other nearby areas, opened the conference by providing […]

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EIA Report Says Coal Still King on State-by-State Basis

A report this week from the U.S. Energy Information Administration (EIA) shows coal-fired power was still the major source of generation on a state-by-state basis in 2017, though natural gas-fueled electricity production slightly outpaced coal overall The EIA’s report, published September 10, said 18 states relied on coal for the bulk of their power generation […]

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