Tag Archives: energy

XCelerated Shutdown

Integrated plan calls for more than 80 percent reduction in carbon emissions with more renewables, carbon-free nuclear energy and cleaner natural gas Xcel Energy’s Minnesota unit announced plans Monday to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. The acceleration of the coal closures is another milestone in […]

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What Does Efficiency Really Mean for Your Power Consumption?

SPONSORED CONTENT What Does Efficiency Really Mean for Your Power Consumption? by Blake Bailey designmotors Efficiency is an incredibly important topic in our age for end users, manufacturers, and others involved in the electric motor industry. From lifecycle cost implications to debates over human impact on climate change, conversations about energy efficiency are everywhere. Industry […]

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Siemens Spinoff: Energy, Divided

Conglomerate separates gas, power, renewables due to low demand for gas turbines Remember when the beloved show Cheers took one of its popular but niche-y characters and gave Frasier his own platform to operate? This is (kind of) like that! German conglomerate Siemens AG said it will spin off and give up its majority stake […]

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Bowling for Green

Could famously divided Ohio actually agree on renewable energy? Despite its recent resemblance to some sort of bitter sports rivalry, politics doesn’t have an offseason. It doesn’t even have an off-day—government shutdowns notwithstanding—and the recent turn of the calendar ushers it into more heated, contentious territory. With that comes jockeying, partisanship, and grandstanding, but that’s […]

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Vest Unrest Continues

France’s ‘fuel riots’ have become more—a political forum and a national emergency Updating a previous item, Paris police deployed water cannons this past weekend in the latest phase of defense against the “Yellow Vest” protesters decrying fuel costs in France. The protests—which have sprawled to riots in some cases—entered their fifth weekend on December 15. […]

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Steel Dynamics

EAF flat roll steel mill to be constructed in U.S. Steel Dynamics, Inc., the Fort Wayne, Ind.-based manufacturer, announced Monday that its Board of Directors has authorized the company to construct “a new state-of-the-art, electric-arc-furnace (EAF) flat roll steel mill in the United States,” per a company press release. This is big news—even before it […]

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Generally Energy

GE unloads $1B energy assets portfolio to Apollo The changes continue at General Electric, and there appears to be no end in sight. It seems like we alternate every other week reporting something major from the once-revered, now-questionable industrial giant. This week’s portion: energy assets. One billion dollars worth of which were unloaded as GE […]

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NRG Sells Assets

Company restructuring moves forward with sale of renewables business NRG, the power company with dual headquarters in Princeton, N.J., and Houston, Tex., announced specifics of its restructuring plan February 7. The company will sell a number of assets, including sale of its interest in branches NRG Yield and NRG’s Renewables Platform. NRG and NRG Yield entered into […]

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Departmental Notices

One proposal is out; another stirs the pot Two major announcements came from the U.S. government within the past week that could have potential consequences for the energy sector. Last Thursday (January 4), the Department of the Interior announced a proposal for offshore drilling that has been bombarded with criticism in the ensuing week since. […]

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SCANA’s Gift

Dominion to buy beleaguered southern utility in $14.6B stock merger Nuclear plant operator SCANA has been looking for a helping hand since last summer, when the V.C. Summer plant was abandoned. Dominion Energy, the Richmond-based utility, reportedly agreed to an all-stock merger Wednesday expected to lower customer rates and assist financial obligations related to the […]

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