Trading News

  1. Jersey Central Power & Light Installing New Automated Devices To Help Reduce Duration Of Power Outages 9/11/2019

    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

  2. GE’s Static Var Compensator (SVC) Technology Solves Complex Grid Challenges For Customers Around The Globe 9/10/2019

    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

  3. MHPS Receives Order From HK Electric For Natural-Gas-Fired GTCC Power Generation Equipment 9/9/2019

    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)

  4. Fingrid Is Acquiring New 400 MVA Power Transformers 8/19/2019

    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

  5. Smart Grid Project By Bracebridge Generation And Opus One Solutions Receives $2.9M From Government Of Canada 8/8/2019

    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

  6. Verizon Lights The Way For Smart Grid Technology Of The Future With Peninsula Light Company 8/7/2019

    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

  7. United States Sets New Daily Record High For Natural Gas Use In The Power Sector 8/5/2019

    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.

  8. Hydro Ottawa Chooses Opus One Solutions To Provide Transactive Energy Management Platform For MiGen 7/30/2019

    Opus One Solutions’ GridOS® Transactive Energy Management (GridOS-TEM) software platform has been chosen by Hydro Ottawa for its MiGen Transactive Grid program, which gives customers the ability to shape the future of the local electricity system through micro-generation

  9. AEP Ohio To Expand Smart Grid Across Service Territory 7/26/2019

    AEP Ohio, an American Electric Power company, recently submitted its grid modernization expansion plan with the Public Utilities Commission of Ohio (PUCO) to bring advanced smart grid technologies including smart meters, customer access to real-time energy usage data, and distribution system reliability enhancements throughout its service territory

  10. ABB Digital Technology Fortifies Grid Health Check Evaluation In China 7/26/2019

    China Southern Power Grid (CSG), China’s second largest electricity grid company and which serves more than 250 million people, has selected ABB Ability Ellipse Asset Performance Management (APM) solution to enhance operational efficiency and increase equipment longevity of its electrical grid