Skip to content

EnergyNorthwest.com

Your Source for Energy Jobs & Industry News

Menu
  • Home
  • Energy Jobs
  • Energy Jobs In NW
  • Industry News
  • Resumes

Tag: Energy

The POWER Interview: Evaluating Energy Investments

January 9, 2021
| No Comments
| Industry News

The post The POWER Interview: Evaluating Energy Investments appeared first on POWER Magazine.

Global upheaval in energy markets has been exacerbated by the coronavirus pandemic, and by ever-changing political winds, with energy investors at times torn between finding the best returns while also considering the impact of climate change.

Many economies depend on fossil fuels, so moves away from coal-fired power and other forms of thermal generation can have large economic consequences. There also have been concerns about maintaining reliable—and resilient—supplies of electricity as baseload power sources are shuttered and retired. Governments setting carbon-neutral and other climate goals must consider the importance of providing reliable power to national, state and provincial, and local regions, while minimizing economic impacts. 

Shilpa Kokate

Several analysts who have spoken to POWER in the past year have discussed the balancing act facing investors, including many of the world’s largest banks and financial institutions, when it comes to performing fiduciary duties for their clients while at the same time pursuing environmental, social, and governance (ESG) strategies.…

Read More »

How to Plan a Successful Energy Construction Project

November 13, 2020
| No Comments
| Industry News

The post How to Plan a Successful Energy Construction Project appeared first on POWER Magazine.

construction

These Ten Steps May Help Power Companies Avoid Headaches, Delays, Higher Costs, and Legal Complications

Jacqueline Greenberg Vogt, Esq. and Robert C. Epstein, Esq.

The International Energy Agency projects the rapid growth of renewables, with solar at the center of this new constellation of electricity generation technologies. Hydropower remains the largest renewable source of electricity, but solar is the main driver of growth as it sets new records for deployment each year after 2022, followed by onshore and offshore wind.

Construction projects in the U.S. and throughout the world will be necessary as the pace of change in the electricity sector puts an additional premium on robust grids and other sources of flexibility. Storage plays an increasingly vital role in ensuring the flexible operation of power systems, with India becoming the largest market for utility-scale battery storage, and new construction projects are necessary to support that growth.…

Read More »

The POWER Interview: Financial Benefits of Energy Storage

November 5, 2020
| No Comments
| Industry News

The post The POWER Interview: Financial Benefits of Energy Storage appeared first on POWER Magazine.

battery-energy-storage-system

Speakers at POWER’s recent Distributed Energy Experience were unanimous in their agreement that energy storage is a game-changing technology for the power generation sector. Storage provides for more reliability and resilience, and already is proving its importance to supporting the growth of solar and wind power.

Utilities are incorporating storage into their generation portfolios. It is often featured as part of microgrid configurations, and the business community has discovered the cost-effectiveness of storage in commercial and industrial distributed generation systems.

Abbot Moffat, Director of Business Development / West for Rubicon Professional Services, provided POWER with his insight into energy storage. Rubicon is a team of experienced design and construction experts that works on projects for several industries, including alternative energy, data centers, health care, telecommunications, and power plants.

POWER: What are the financial benefits for a utility to incorporate energy storage into its project portfolio?…

Read More »

Energy Deals Shift to Renewables and U.S. Shale Bargains

October 24, 2020
| No Comments
| Industry News

The post Energy Deals Shift to Renewables and U.S. Shale Bargains appeared first on POWER Magazine.

money-deal-merger-acquisition

At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future.

In mid-May 2020, French oil major Total opted not to pursue a deal, announced in 2019, to purchase the African assets of Anadarko Petroleum, a U.S. producer that was being acquired by Occidental Petroleum. Two weeks after it withdrew its $ 8.8 billion proposal for offshore oil and gas properties in Ghana, Total announced it would spend about $ 3.8 billion for a majority stake in a renewable energy project in the British North Sea. Total’s decision to move away from traditional oil and gas investments could be an indicator of what lies ahead for the industry.

The oil and gas sector was already on the brink of radical change before the COVID-19 pandemic crushed global demand for energy.…

Read More »

What Is Siemens Energy? CEO Tells All

September 3, 2020
| No Comments
| Industry News

The post What Is Siemens Energy? CEO Tells All appeared first on POWER Magazine.

siemens-energy-gas-turbine

Siemens announced the spinoff of its Power and Gas division on May 7, 2019. It was part of the company’s Vision 2020+ strategy. On Sept. 1, Siemens Energy laid out its post-spinoff plans during a virtual capital market presentation.

Siemens Energy’s Portfolio

Leading up to the event, Christian Bruch, who was appointed CEO of Siemens Energy on May 1, 2020, offered power industry media insight on the company. During the August 27 video conference with reporters, he said, “For me, it’s important that people really understand what we put together here, because it’s a quite unique company in terms of what the portfolio is—what the business is. So, for me, it’s really putting together a leader in the energy industry, which cuts across really from conventional generation to renewables from generation of electricity over transmission to storage or green hydrogen. So, it’s quite a diverse picture.”…

Read More »

Clean Energy Adds Jobs, but Pace Is Slow

August 16, 2020
| No Comments
| Industry News

The post Clean Energy Adds Jobs, but Pace Is Slow appeared first on POWER Magazine.

An analysis of federal labor data for the clean energy sector shows renewable energy and other industries are adding jobs after months of declines brought on by the coronavirus pandemic. But the gains in July were lower than those in June, signaling sectors such as solar, wind, energy storage, energy efficiency, and electric vehicles continue to struggle amid the COVID-19 outbreak.

The American Council on Renewable Energy (ACORE), Environmental Entrepreneurs (E2), and other clean energy advocacy groups responded to a report from BW Research Partnership released August 12 that showed clean energy industries added 3,200 jobs in July, a far cry from the more than 106,000 jobs added in June. The groups, though, said the sectors’ combined unemployment is still about 15% below the levels from earlier this year, prior to pandemic-induced lockdowns that resulted in more than 620,000 lost jobs in the clean energy sector at the peak of job losses in May.…

Read More »

Posts pagination

Previous 1 … 21 22 23 … 30 Next

EnergyNorthwest.com 2026 . Powered by WordPress