GE Announces Two HA Orders and Continued Gas Power Fleet Momentum – Orders for leading HA gas turbine booked in the third quarter in Florida and Taiwan – HA has achieved more than 220,000 operating hours in the field – Customers Invenergy and Bahrain Aluminum’s HA-power plants successfully first fired – Gas will play a … Continue reading #GE Announces Two HA Orders and Continued Gas Power Fleet Momentum
How Energy Companies Will Survive When Renewable Energy Is Free Envision Energy founder and CEO Lei Zhang likes to look at the numbers. And when he looked at the numbers behind the falling cost of renewable energy, he began to worry. “We are convinced renewable energy is going to be dominating,” said Lei, who heads … Continue reading How Energy Companies Will Survive When Renewable Energy Is Free
For the first time, a major US utility has committed to 100% clean energy The energy world got some big news on Tuesday: Xcel Energy, one of the biggest utilities in the US, has committed to going completely carbon-free by 2050 (and 80 percent carbon-free by 2030). Xcel, based in Minneapolis, serves 3.6 million customers … Continue reading For the first time, a major US utility has committed to 100% clean energy
Tropical Storm Michael could hit Florida Gulf Coast as a Category 2 hurricane An intensifying storm system that became Tropical Storm Michael Sunday afternoon is setting its sights on the northern Gulf Coast, and forecasters say it could be a Category 2 hurricane when it makes landfall. “In fact, nearly every piece of intensity guidance … Continue reading Tropical Storm #Michael could hit Florida Gulf Coast as a #Category_2 #hurricane
Vogtle Nuclear Project Survives due to Utility Agreements The effort to build the first new nuclear reactors in the U.S. in the past three decades will tarry on, as the final two of four project co-owners approved continuing work this week. Oglethorpe Power of Georgia gave its conflicted blessing this week, joining Georgia Power, Municipal … Continue reading Vogtle Nuclear Project Survives due to Utility Agreements
Power plant more than 60 percent complete The sale of Canal Unit III next to Sandwich Marina and the massive industrial-scale construction project is a mere six days behind schedule, and the project is 62 percent complete, selectmen were told September 27. The NRG Canal utility sold the unit under construction to the Stonepeak Infrastructure … Continue reading Power plant more than 60 percent complete
Impact of electric vehicles in oil and gas industry As charging technology for electric vehicles (EVs) gradually takes reins from the internal combustion engine as the king of the road in the rapidly evolving energy landscape, oil and gas companies are acknowledging the rise of EVs, observes leading data and analytics company GlobalData Digitisation and … Continue reading Impact of electric vehicles in oil and gas industry
Southern Is Said to Be Near Pact to Continue Building Nuke Southern Co. is nearing an agreement with Oglethorpe Power Corp. and two other companies to continue working on the only nuclear power plant under construction in the U.S., according to people familiar with the matter. Southern and its partners are trying to agree on … Continue reading Southern Is Said to Be Near Pact to Continue Building Nuke
DOE urges Vogtle nuke owners to complete project ahead of Monday vote Monday’s vote on the Vogtle project could mark the end for the troubled plant expansion, but the DOE’s correspondence makes clear the stakes are bigger than a single generation project. In letters released late Friday, DOE said it understands that the choice to … Continue reading DOE urges Vogtle nuke owners to complete project ahead of Monday vote
Doubling Down – with Other People’s Money UPDATED: How Two Traders Linked to 2013 Scandal Left Members Holding the Bag for Millions Imagine a casino where you could produce $548 million in paper profits — or $100 million in losses — with only $600,000 of collateral. That’s essentially what Andrew Kittell and John Bartholomew saw … Continue reading Doubling Down – with Other People’s Money
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