Power Sector Business

Power plant business news, articles and investments covering financials, mergers and acquisitions, contracts, personnel and staffing.

Power Sector Business News

Report: EPA’s Clean Power Plan will raise energy prices

11/21/2014

The cost of electricity and natural gas will increase by nearly $300 billion in 2020 compared to 2012 prices, according to the “Energy Market Impacts of Recent Federal Regulations on the Electric Power Sector,” report conducted by Energy Ventures Analysis, Inc.

Lawmakers: Proposed EPA rules penalize states for nuclear energy capacity

11/21/2014

State lawmakers expressed concern Wednesday that proposed federal regulations to cut carbon emissions from power plants will hurt Virginia's economic competiveness.

Regulators OK more time to build nuclear fuel plant

11/21/2014

Federal regulators have granted a 10-year extension to the company building a South Carolina facility where spent nuclear weapons materials will be turned into commercial nuclear reactor fuel.

GDF Suez purchases battery system from Eos Energy Storage

11/21/2014

GDF SUEZ has purchased Eos Energy Storage’s zinc hybrid cathode battery energy storage system. The sale marks the next phase in Eos’s pilot demonstration program, after 3rd-party testing with DNV GL.

EU residential energy prices climbing faster than US

11/21/2014

European residential electricity prices have significantly exceeded U.S. prices, and the gap has widened in recent years.

Plan divides billions in closed nuke plant costs

11/21/2014

California regulators have approved a settlement to divide billions of dollars in costs from the closed San Onofre nuclear power plant.

NSA director: China can damage US power grid

11/20/2014

China and "one or two" other countries are capable of mounting cyberattacks that would shut down the electric grid and other critical systems in parts of the United States, according to Adm. Michael Rogers, director of the National Security Agency and head of U.S. Cyber Command.

Bechtel, Siemens, Panda Power Funds dedicate Sherman Power Project in Texas

11/20/2014

Panda Power Funds, Siemens (NYSE: SI) and Bechtel dedicated the 758-MW Panda Sherman Power Project in Sherman, Texas, two weeks ahead of schedule.

Siemens to supply H-Class gas turbines to Japan power plant

11/20/2014

Siemens (NYSE: SI) has received its first order from Japan to deliver two, 400-MW SGT5-8000H gas turbines along with the associated auxiliary systems to form the core of the combined-cycle power plant of Kobe Steel, Ltd. (KOBELCO) in Tochigi, Japan.

Shining a Light on Women Leaders in the Power Industry

11/20/2014

Meet the three finalists for the POWER-GEN 2014 Women of the Year Award, the winner of which will be announced next month.

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