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Tag: Deal

Equinor Announces Offtake Deal for New York Offshore Wind Project

June 4, 2024
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Equinor on June 4 announced its has finalized an agreement with New York State Energy Research and Development Authority (NYSERDA) for the renewable power generated by the 810-MW Empire Wind […]

The post Equinor Announces Offtake Deal for New York Offshore Wind Project appeared first on POWER Magazine.

Empire Wind - Vestas

POWER Magazine…

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How to Deal With a Micromanaging Boss Professionally

April 14, 2024
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senior boss micromanaging

No one likes being put under the microscope, especially by a superior who seems to have an opinion about every action you take. Being micromanaged feels annoying and demotivating. Yet, it’s a common occurrence. Almost half of American workers experienced being micromanaged at the workplace. 

Micromanagers are a common archetype in the workplace. A lot of the time, they’re not aware of their tendencies and just consider themselves “hands-on” or “proactive”. So, how do you professionally deal with a micromanaging boss? Here’s our best advice. 

Why is My Boss Suddenly Micromanaging Me?

To determine the best coping strategy,  understand the root cause of your boss’s behavior. Are they being unreasonable, or do they lack trust in your skills? Your manager may negatively single you out and make the focal point of their attention if you lack skills (in their opinion) or previously had some flops. Perhaps you’ve been rude to a customer, and they now want to test the theory of whether people truly behave better when they think they’re being watched (which is true in many cases). …

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Final Interview Questions and Answers To Close The Deal

September 5, 2023
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final interview questions

Job interviewing often feels like a marathon. You need to go demonstrate the same level of enthusiasm, commitment, and expertise across several interview rounds. A final interview is what stands between you and the finishing line — the coveted job offer. 

What To Expect In A Third Interview Round?

Usually, you can expect several people present at the final interview — the HR person, your direct manager, and the company CEO (or another senior staff member). Though other combinations are possible of course. At this point, most have already reached some conclusions about you. Now they want to determine your cultural fit and/or compare you against another front-runner. So be ready to razzle-dazzle the panel with your personality and professionalism. 

Is A Final Interview Just A Formality?

No, in most cases, a final interview isn’t a formality, but rather the last “filter” most employers use to decide on the top contender. Most of the time, at least two candidates make it to the final interview round.…

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Power Companies Must Plan to Deal with Climate Risks

April 5, 2022
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The Intergovernmental Panel on Climate Change (IPCC) issued a report at the end of February titled “Climate Change 2022: Impacts, Adaptation and Vulnerability.” Among the warnings found in the 3,675-page report is that human-induced climate change is causing dangerous and widespread disruption in nature and affecting the lives of billions of people around the world, despite efforts to reduce the risks.

“When we look at the quantitative evidence, we clearly see that global average temperatures and sea levels have risen over the last 150 years, and that we are still on that trend. We also see that climate models cannot replicate historical observed global and continental changes without the human-related inputs, such as greenhouse gas emissions and land use activity,” Dr. Steven Rose, senior research economist and technical executive in the Energy Systems and Climate Analysis Group at the Electric Power Research Institute (EPRI), who was also one of the lead authors of the IPCC report, told POWER.

“The evidence that climate change is affecting society and ecosystems has grown and is continuing to grow.…

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Emerson Merging Software Business with AspenTech in $11 Billion Deal

October 11, 2021
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Emerson Electric Co. said it will merge its software business with rival Aspen Technology (AspenTech) in an $ 11 billion deal that will bring together both companies’ expertise in industrial software applications. It’s the latest move by Emerson to support the rapid growth of digitization in the power generation industry.

“We saw an attractive opportunity to accelerate our software strategy to capitalize on the rapidly evolving industrial software landscape and advance Emerson’s high-value portfolio journey,” Emerson CEO Lal Karsanbhai said in a statement Oct. 11. AspenTech shareholders will receive $ 87 a share in cash and 0.42 share of stock in the new company, the companies said Monday. Emerson will contribute $ 6 billion of cash to the new venture, taking a 55% stake.

“Our customers are increasingly seeking partners to help realize stronger performance as they automate workflows in their facilities to optimize operations,” said Karsanbhai. “New AspenTech will become an engine for both acquisition and organic growth.”

Emerson, a technology and engineering company based in Ferguson, Missouri, continues its efforts to become an industrial software supplier.…

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Deal Announced to Close Louisiana Coal Unit

January 16, 2020
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The post Deal Announced to Close Louisiana Coal Unit appeared first on POWER Magazine.

The Arkansas Public Service Commission has approved a plan to retire the Dolet Hills power plant, a coal-fired unit in Mansfield, Louisiana that serves part of the state. The decision, reached in December and announced Jan. 8 by the Sierra Club,  came as part of a settlement agreement in a recently concluded Arkansas rate review, according to Peter Main, a spokesman for Southwestern Electric Power Company (SWEPCO), which shares the plant’s electricity production with plant owner Central Louisiana Electric Co. (Cleco).

Said Main in a Jan. 9 email to POWER: “As part of a settlement agreement in the recently concluded Arkansas rate review, SWEPCO has agreed to seek regulatory approval to retire the Dolet Hills Power Plant by the end of 2026. SWEPCO has committed to make the necessary regulatory filings at least 12 months prior to the retirement date. Also as part of the settlement, the Sierra Club agrees to withdraw its pending challenges related to the Dolet Hills Power Plant in Texas and Louisiana.…

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