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Category: Industry News

Xcel Energy Approved to Run Two Coal Units on Seasonal Basis

July 20, 2020
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The post Xcel Energy Approved to Run Two Coal Units on Seasonal Basis appeared first on POWER Magazine.

Sherco-coal-power-plant

The Minnesota Public Utilities Commission approved Xcel Energy’s request to offer two of its coal units into the Midcontinent Independent System Operator market on a seasonal basis. That means the company can idle the two units for six months of the year, which is expected to save customers money while also reducing air emissions.

“This is an important proposal and I appreciate Xcel Energy bringing it forward,” said Commissioner Matt Schuerger. “I think this highlights Xcel’s focus on saving their customers money, on meeting Minnesota’s environmental policies, and in being responsive to the investigation the Commission opened.”

Under the order, Xcel would be allowed to operate the Allen S. King Generating Station and Unit 2 of the Sherburne County Station (Sherco 2) from June through August and from December through February, while idling the units during the remaining six months, unless required to meet reliability needs.…

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FERC Finalizes PURPA Rule Reforms

July 18, 2020
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The post FERC Finalizes PURPA Rule Reforms appeared first on POWER Magazine.

The Federal Energy Regulatory Commission (FERC) finalized a long-awaited rule revising regulations that govern qualifying small power producers and cogenerators under the Public Utility Regulatory Policies Act of 1978 (PURPA). While FERC said the rule was necessary to respond to significant market changes, the action drew mixed reactions from industry. 

FERC’s final rule issued on July 17 is the first major change to regulations it issued in 1980 under the pivotal law, which most experts agree has spurred the growth of smaller generators and played a major role in reshaping power sector business models.

While Congress enacted PURPA to reduce U.S. dependence on oil and natural gas, and encourage the development of alternative generation, including cogeneration and small-scale renewable generation, FERC has long-discussed updating its regulations under PURPA because it says the energy industry has since undergone many significant changes. 

“It’s been my view from the start that FERC should modernize our regulations in ways that not only meet our statutory obligations, but also protect consumers and preserve competition,” said FERC Chairman Neil Chatterjee.…

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The POWER Interview: Microgrids Open New Business Models

July 12, 2020
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The post The POWER Interview: Microgrids Open New Business Models appeared first on POWER Magazine.

Butler-farms-microgrid

Microgrids offer an “all of the above” approach to distributed generation, incorporating a variety of technologies into their design. As microgrids continue to evolve, incorporating renewable power resources, fuel cells, battery energy storage, diesel and gas generator sets, microturbines, and other technologies, they also provide the opportunity to expand the business models for power producers.

Don Wingate, Vice President Utility & Microgrid Solutions at Schneider Electric, recently provided POWER with his insights about the microgrid market. He noted that technology advancements are allowing more rapid deployments, and also “more repeatable and scalable solutions that can fit different applications.”

Don Wingate of Schneider Electric

Wingate talked about the use cases for microgrids, and how decentralized power generation can provide lower energy costs, while also increasing power quality and providing resilience and reliability. He noted the growth in deployment in areas prone to natural disasters, and also as a way for businesses to enhance their bottom lines.…

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[VIDEO] POWER Insights—Bringing Electricity to Underserved Areas

July 8, 2020
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The post [VIDEO] POWER Insights—Bringing Electricity to Underserved Areas appeared first on POWER Magazine.

More than half of the population of Africa, or about 640 million people out of about 1.2 billion, does not have access to energy. It’s the lowest access rate for electricity worldwide.

Bringing power to those people is important work, being led by people such as Damien Simon,  marketing and strategy director for Paris, France-based Nexans, a company that develops energy projects around the globe. Simon’s focus is on building power infrastructure in Africa, and the electrification of areas previously without access to energy.

Simon recently joined POWER associate editor Darrell Proctor for a conversation as part of the POWER Insights series, video interviews with important players in the power generation sector. He noted that in Africa, “not only do the power generation assets need to be considered, but so do the necessary transmission and distribution networks and revenue collection processes,” because it’s important that the energy generated can be paid for.…

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German Lawmakers Sign Off on Phase-Out of Coal

July 6, 2020
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The post German Lawmakers Sign Off on Phase-Out of Coal appeared first on POWER Magazine.

Germany’s plan to end coal-fired power generation in the country is now official, as both houses of the German parliament approved the plan to shut down the last coal units by 2038.

Lawmakers signed off on the deal July 3. Environmental groups have supported the measure, though some say it does not go far enough to protect the environment and more quickly reduce greenhouse gas (GHG) emissions. Supporters of a free market for German energy say it’s not necessary, and is a waste of taxpayer money, including its compensation plan for coal companies.

A major part of the strategy approved Friday is its promise to pour about €40 billion ($ 45 billion) into regions impacted by the closure of coal plants and coal mines to prop up local economies and retrain workers.

The plan is part of Germany’s “Energiewende,” the country’s effort to reduce reliance on thermal power generation and generate all the nation’s power from renewable resources.…

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Hitachi Absorbs ABB Power Grids in New $10B Joint Venture

July 2, 2020
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The post Hitachi Absorbs ABB Power Grids in New $ 10B Joint Venture appeared first on POWER Magazine.

Hitachi on July 1 commandeered a majority share of ABB’s lucrative Power Grids business and officially launched a joint venture company—Hitachi ABB Power Grids. The new company, which already has a volume of about $ 10 billion, is expected to provide financial muscle to support ambitious projects and new business opportunities as the sector embraces decentralization and digitalization.

Japanese technology conglomerate Hitachi holds a 80.1% ($ 6.85 billion) stake in Hitachi ABB Power Grids, while Zurich-based ABB will hold the remaining 19.9% stake. ABB also holds a pre-defined option to exit the retained 19.9% shareholding three years after closing, and it is likely it will be bought out by Hitachi, which has said it will consider acquiring ABB’s share to make it a wholly owned subsidiary after 2023. 

But for now, Hitachi ABB Power Grids will be headquartered in Switzerland and employ approximately 36,000 people in 90 countries.…

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