Brattle Economists Provide Insight Into Benefits And Cost Recovery For U.S. Grid Modernization Efforts
BOSTON - A report authored by economists at global economic consulting firm The Brattle Group reviews the business case and cost recovery mechanisms for grid modernization investments in the U.S. Prepared for the National Electrical Manufacturers Association (NEMA), the Brattle report reviewed 21 recent grid modernization investments and conducted 10 case studies to assess how grid modernization technologies have benefitted customers and utilities, and document cost recovery mechanisms and bu...
Wärtsilä Provides Efficient and Flexible 90 MW Power Plant to Supply Electricity and District Heating for Dresden, Germany
The technology group Wärtsilä has been awarded a contract to deliver a combined heat and power engine power plant (CHP) to Dresden, Germany. The facility has been ordered by DREWAG, Dresden’s local utility company, and will be delivered by Wärtsilä on an engineering, procurement and construction (EPC) basis. Wärtsilä will also maintain the plant under a Wärtsilä Guaranteed asset performance solution for ten years, with a five year extension option. Performance targets are determined based on mea...
Fast-Track Power Plant Delivered to Mexico with O&M Agreement, Wärtsilä Supplies the Complete Package
A 130 MW power plant, delivered on an Engineering, Procurement and Construction (EPC) basis by the technology group Wärtsilä, has commenced full operations. Wärtsilä also operates and maintains the facility under a three-year operation and maintenance (O&M) agreement. The natural gas fuelled plant was ordered in October 2017 by Pemcorp, a Mexico-based independent power producer, on behalf of the owners, Texas-based Arroyo Energy Investors, specialists in power generation projects. The plant oper...
Wärtsilä to Help Ensure Reliable Power Supply in Challenging Hawaii Conditions Through Smart Technologies
Clean, secure, and uninterrupted power is at the core of Hawaiian Electric’s 50-megawatt Schofield Generating Station. Wärtsilä has signed a Maintenance and Operational advisory agreement for the power plant, located on the island of Oahu, 40 kilometres from Honolulu. The agreement will help the utility to maximize the availability and efficiency of the power plant. Wärtsilä, for the duration of the 10-year agreement, will provide advisory and maintenance services that help ensure reliable po...
Wärtsilä to Help Ensure Reliable Power Supply in Challenging Hawaii Conditions Through Smart Technologies
Clean, secure, and uninterrupted power is at the core of Hawaiian Electric’s 50-megawatt Schofield Generating Station. Wärtsilä has signed a Maintenance and Operational advisory agreement for the power plant, located on the island of Oahu, 40 kilometres from Honolulu. The agreement will help the utility to maximize the availability and efficiency of the power plant. Wärtsilä, for the duration of the 10-year agreement, will provide advisory and maintenance services that help ensure reliable po...
New Report: The Unsustainable Rising Cost of Electricity Generation
A new report has been released that found that the costs to operate and maintain U.S. power plants and equipment have soared 74 percent over the past two decades. The report is based on 20 years of data that utilities submit to the U.S. Federal Energy Regulatory Commission. Find out which generation sources' O&M costs rose the most: http://uptake.com/broken-report
Tottenham Hotspur Selects Schneider Electric as Stadium Energy Management Supplier
London (U.K.) - Schneider Electric, the leader in digital transformation of energy management and automation, has secured a long-term supplier contract with Tottenham Hotspur (‘Spurs’) to become the Official Stadium Management Supplier to the Club’s new state-of-the-art stadium in North London. Working closely with Spurs and its partners during the construction, service and maintenance phases of the project, Schneider Electric will distribute all power supply to the stadium and integrate...
Wärtsilä and Schneider Electric Join Forces to Create a New Back-Up Power Solution for Data Centers
Wärtsilä and Schneider Electric have signed a global co-operation agreement to bring together their individual products and services, along with those of third parties, for the purpose of co-operating on data center projects. The co-operation focuses on hyperscale data center projects with at least a 10 MW electrical load. The technology group Wärtsilä and Schneider Electric have signed a co-operation agreement in Helsinki in December 2017. The objective of the cooperation is to work together...
Cooperative Energy Selects New Wärtsilä 31SG Engine Technology for Power Generation in the USA
The technology group Wärtsilä will deliver a 22.7 MW Smart Power Generation plant under a full Engineering, Procurement & Construction (EPC) contract to Cooperative Energy, a member-owned electric cooperative based in Hattiesburg, Mississippi. The project will consist of two gas-fired Wärtsilä 31SG engines, the first order for the world’s most efficient gas engine. The plant located in Benndale, Miss., will provide valuable grid support for renewable integration for the Cooperative Energy system...
Fluor Completes Major Transmission Lines in Puerto Rico; Power on the Way to Urban Center
IRVING, Texas – Fluor Corporation (NYSE: FLR) confirmed today that the company, working under its contract with the U.S. Army Corps of Engineers (USACE) in support of a Federal Emergency Management Agency (FEMA) mission to help repair and restore the power grid in Puerto Rico, has completed work on two 115kv transmission lines between substations in Sabana Llana and Canóvanas in Puerto Rico. Transmission lines move large amounts of electricity over long distances. Fluor has previously co...