Duke Energy to exit its Midwest generation business
February 22 2014 -
Duke Energy has initiated a strategic process to exit its Midwest commercial generation business, which includes ownership interests in 13 power plants. "Our merchant power plants have delivered volatile returns in the challenging competitive market in the Midwest," said Lynn Good, president, CEO and vice chairman of Duke Energy.
Software integrates distributed generation into large power plants
February 14 2014 -
Municipal utilities play an important role in providing a sustainable energy supply in Germany. With their regional base, they are perfectly positioned to coordinate the increasing decentralization of power generation so that all participating market partners can gain the greatest possible benefit from renewable energy sources or the cogeneration of heat and power.
After selling reciprocating compressor business, Cameron mulls over centrifugals
February 10 2014 -
Cameron has entered into a definitive agreement under which it will sell its Reciprocating Compression business to GE for cash consideration of approximately $550 million, subject to closing adjustments. Cameron also announced that it intends to explore strategic alternatives for its Centrifugal Compression business to further enhance the Company's focus on its core businesses.
Wood Group GTS has been awarded a $1.4M contract by the City of Austin to replace four proprietary GE Millennium turbine control panels at the Sand Hill Energy Center in Austin, Texas. The panels will be replaced with Wood Group GTS’icon control systems, which give power plant operators the ability to modify turbine controls themselves to meet differing plant conditions.
In Japan, Mitsubishi Hitachi Power Systems, Ltd. ("MHPS"), a thermal power generation systems company jointly established by Mitsubishi Heavy Industries, Ltd. ("MHI") and Hitachi, Ltd. ("Hitachi"), announced its launch and commencement of business operations on February 1.
Soon, Dresser-Rand will launch small-scale LNG plant product
January 31 2014 -
Dresser-Rand Group's first small-scale liquefied natural gas (LNG) plant, known as LNGo, has successfully produced LNG.
The Company designed, constructed and commissioned this demonstration plant, which has reached a key milestone with the initial production of LNG. Extended performance and endurance testing is being initiated as the final step prior to full market release.
Component Coating and Repair Services (CCRS) has about 100 employees across sites in Alfreton and Glasgow. The company provides its services to the likes of Siemens and Rolls-Royce.
The Glasgow facility specializes in the application of coatings for jet engines, while the Alfreton site focuses on turnkey component repairs for industrial gas turbines utilised in power generation and oil and gas applications.