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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Read moreIraq 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 […]
The post Reports: Trump Administration Supports GE Over Siemens in $15B Iraq Deal appeared first on POWER Magazine.
Read moreThe 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 […]
The post New York Gas Plant Comes Online Despite Opposition appeared first on POWER Magazine.
Read morePublic 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
The post Transparency Instrumental in Successful Power Plant Project appeared first on POWER Magazine.
Read moreSiemens on September 24 said it would cut about 2,900 jobs, mostly from its Power and Gas division in Germany, as it continues restructuring to achieve cost savings amid a tough global market for turbine manufacturers. Siemens on Monday said the cuts will save the company about €270 million ($318 million) and is part of […]
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Read moreThe world’s first 3-D printed burner for an industrial gas turbine has been in operation for one year with no reported issues. Siemens, which installed the burner for the 32.8-MW SGT-7000 gas turbine at E.ON’s combined cycle power plant in Philippsthal in the German state of Hessen said on September 19 that it has been […]
The post 3-D Printed Gas Turbine Technology Marks ‘Game Changing’ Milestone appeared first on POWER Magazine.
Read moreNew natural gas-fired power plants and wind farms are part of Egypt’s strategy to increase the country’s power generation by at least 50%. It began delivering on that plan in July as it brought three
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Read moreSiemens reported a 2% rise in industrial profit for its fiscal third quarter on August 2, topping analyst forecasts, though the German engineering giant also reported that revenue for the quarter dropped 4%. The earnings report comes as the company prepares to implement a new strategy that cuts its number of business divisions. The company […]
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Read moreHigh-voltage direct current (HVDC) technology offers several advantages compared to alternating current transmission systems. For example, it allows more efficient bulk power transfer over long distances
The post Benefits of High-Voltage Direct Current Transmission Systems appeared first on POWER Magazine.
Read moreBaby boomers are retiring, unemployment is low, skilled craft workers are in short supply, and human resources in the workforce are a growing issue for power industry management. “Demography is destiny.”
The post Trends and Obstacles in the Power Industry Workforce appeared first on POWER Magazine.
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