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• PSEG on track to shed fossil generation plants, keep nuclear & deploy $16B capital (2021/02/26 22:42)

  Public Service Enterprise Group will become a coal-free generating utility when it closes its last remaining coal-fired unit this summer in Connecticut. PSEG Power will shut down the Bridgeport Harbor Unit 3 in June, the company noted in its 2020 financial earnings report released Friday. The retirement is not a new revelation, but an ongoing […]

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• Clothing retailer signs 13-year renewable energy supply deal with AEP Energy (2021/02/26 16:16)

  The competitive retail wing of American Electric Power has signed a clean energy supply deal with apparel firm Abercrombie & Fitch Co. AEP Energy will supply the retailer’s corporate headquarters and two distribution centers in New Albany, Ohio with clean energy through an Integrated Renewable Energy (IRE) solution – a long-term, fixed price retail energy […]

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• British carbon capture firm gains $11M in new funding (2021/02/26 15:35)

  Carbon capture technology company C-Capture has announced that it has completed an £8 million ($11.13 million) funding round supported by existing shareholders IP Group, Drax, and bp Ventures, with additional funding from the British Business Bank’s Future Fund. The investment reflects the confidence of the C-Capture board in C-Capture’s carbon capture technology and the Government’s support […]

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• For Texas, the past was not prologue in the 2021 electricity fiasco (2021/02/25 22:53)

  By Jennifer Runyon, POWERGRID International and DISTRIBUTECH International content director During an emergency board meeting of the Electric Reliability Council of Texas (ERCOT) today, Bill Magness, ERCOT CEO, outlined the events that took place between February 14 and 18 that ultimately led to the humanitarian crisis that many Texas residents are still in the midst […]

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• Senate confirms former Michigan Gov. Granholm as Secretary of Energy (2021/02/25 20:53)

  WASHINGTON (AP) — Former Michigan Gov. Jennifer Granholm won Senate confirmation Thursday to be President Joe Biden’s energy secretary. The vote was 64-35. Granholm, who served two terms as governor in a state dominated by the auto industry, will be a key player in Biden’s vision for a green economy as the United States fights […]

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• LNG global demand doubling to 700M tons by 2040, Shell Energy report forecasts (2021/02/25 18:35)

  By Rod Walton, Power Engineering and POWERGEN+ content director Liquefied natural gas (LNG) is not slowing down from asserting a growing global role in power generation, transportation and industrialization as nations try to juggle net-zero carbon goals with grid resiliency, according to many energy experts. In fact, a new LNG Outlook by energy giant Royal […]

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• Xcel Energy celebrates 12 percent drop in CO2 emissions last year (2021/02/25 17:51)

  For the second year in a row, Xcel Energy has hit a significant milestone in its quest to deliver 100% carbon-free electricity to customers by 2050. Xcel reported that it broke its own record for a single-year drop in emissions in 2020, cutting carbon emissions company-wide by approximately six million tons, a 12% reduction over […]

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• Kaguchi succeeding Hosomi as CEO of Mitsubishi Heavy Industries’ Energy Systems unit (2021/02/25 17:02)

  The parent of electricity generation equipment manufacturer Mitsubishi Power announced a major leadership change in its Energy Systems division. The Japanese global firm reported today that Kentaro Hosomi will be stepping down as president and CEO of Mitsubishi Heavy Industries Energy Systems. Hosomi is retiring effective March 31, according to the MHI news release. One […]

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• GE, CTCI partner to put 1.44-GW Malaysian CCGT plant into operation (2021/02/24 21:39)

  A 1,440-MW Malaysian combined cycle gas turbine plant is now commercially operational and achieves a regional milestone for the equipment supplier there. The Track 4A Power Plant has started generation in Pasir Gudang, Johor. It is owned by Southern Power Generation. Partners in the project included GE and Taiwanese engineering, procurement and construction (EPC) contractor […]

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• Siemens Energy to supply F-class gas turbines to Chinese CHP project (2021/02/24 17:00)

  Siemens Energy has reached an agreement with Guangdong Energy Group to provide F-class gas turbine island equipment for the Zhaoqing Dinghu Combined Heat and Power (CHP) generation project. Located in Dinghu District, Zhaoqing City, Guangdong Province, the project is expected to start operation in 2023. When completed, it will play a key role in optimising […]

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