Trading News

  1. ABB Signs Major Framework Contract With APG For Largest Ever Grid Expansion In Austria

    ABB has signed a five-year framework contract with Austrian Power Grid (APG), Austria’s transmission system operator, potentially worth more than $100M to supply gas-insulated switchgear (GIS), in the largest electricity grid expansion to date in Austria

  2. PDI Brings Award-Winning Innovative Power Solutions To DCAC Live Event

    Power Distribution, Inc. (PDI), the leading supplier of power distribution and monitoring solutions for data centers and other critical or high-value electrical systems, today announced the company will showcase its Quick Connect Tap Off Box, PDI PowerLok PDU strip and PowerWave 2™ Busway System at DCAC Live in Austin, TX (Booth #205) September 24-25, 2019

  3. Elga Coal Complex Linked To Russia’s United Energy Grid

    Mechel PAO (NYSE: MTL, MOEX: MTLR), one of the leading Russian mining and metals companies, reports the launch of the Federal Grid Company of Unified Energy System (FGC UES)’s 220-kW Elgaugol electrical substation and 220-kW Prizeiskaya-Elgaugol electric power line

  4. Jersey Central Power & Light Installing New Automated Devices To Help Reduce Duration Of Power Outages

    Jersey Central Power and Light (JCP&L) is installing 1,700 new "TripSaver" automated reclosing devices on power lines across its service territory to help limit the frequency and duration of service interruptions

  5. GE’s Static Var Compensator (SVC) Technology Solves Complex Grid Challenges For Customers Around The Globe

    Around the world, electrical transmission grids are facing increasing demand. Recently, transmission systems are expected to carry bulk power in ways they were never originally designed to accommodate

  6. MHPS Receives Order From HK Electric For Natural-Gas-Fired GTCC Power Generation Equipment

    Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received an order for natural-gas-fired gas turbine combined cycle (GTCC) power generation system equipment for Lamma Power Station's Unit 12 (output: 380 megawatts [MW]) to be built in Hong Kong by The Hongkong Electric Co., Ltd. (HK Electric)

  7. Fingrid Is Acquiring New 400 MVA Power Transformers

    The electricity transmission connection between the south and north of Finland is being improved. Power transformers have been ordered for the transformer substations in Pyhäselkä and Petäjävesi, and the contract on their delivery was signed by Fingrid and KOLEKTOR ETRA on 13 August

  8. Smart Grid Project By Bracebridge Generation And Opus One Solutions Receives $2.9M From Government Of Canada

    The Government of Canada has announced a $2.9 million investment in a smart grid project in the town of Parry Sound, led by Bracebridge Generation and utility software engineering pioneer Opus One Solutions

  9. Verizon Lights The Way For Smart Grid Technology Of The Future With Peninsula Light Company

    Verizon has been chosen to update Washington State’s Peninsula Light Company (PenLight) power distribution system with Verizon’s Grid Wide Utility Services Intelligent Energy platform. Electric meters equipped with Verizon cellular connectivity will replace end-of-life meters in the homes and businesses of over 33,000 PenLight members

  10. United States Sets New Daily Record High For Natural Gas Use In The Power Sector

    The United States likely set a new daily record on Friday, July 19, of 44.5 billion cubic feet (Bcf) for natural gas consumption by electric power plants, according to S&P Global Platts. U.S. power sector natural gas consumption exceeded the previous record of 43.1 Bcf—set on July 16, 2018—on five days in July. Higher-than-normal temperatures and relatively low natural gas prices contributed to increased natural gas consumption by electric generators.