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Global Energy Challenges
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Siemens nears multi-billion euro deal in Iraq: Handelsblatt

FRANKFURT German engineering group Siemens is working on a deal worth up to 9 billion euros ($10.6 billion) to supply energy generation technology to Iraq, business daily Handelsblatt reported, citing government and industry sources.

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Duke shuts natgas plant due to Florence floods, coal ash leak feared

Sep 21 2018

Duke Energy Corp said it shut down a North Carolina natural gas plant due to flooding as the deluge of water continued in the aftermath of Hurricane Florence, which has killed more than 40 people. | Video

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General Electric says blade problem affects more gas turbines

Sep 21 2018

General Electric Co said on Friday that turbine blade oxidation which forced Exelon Corp to idle four electric power units in Texas also affects another model, widening the impact of the latest problem to hit GE's ailing power unit.

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A year after deadly Maria, U.S. housing funds on way to Puerto Rico

Sep 21 2018

SAN JUAN A year after Hurricane Maria ripped through Puerto Rico with 150 mile-per-hour (241 kph) winds, government officials on Thursday announced that about $1.5 billion in federal funds aimed primarily at rebuilding housing will start flowing to the island. | Video

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Mining halt at Germany's Hambach forest would cost RWE up to $5.9 billion: ZDF

Sep 21 2018

FRANKFURT German utility RWE would lose as much as 5 billion euros ($5.9 billion) if it cannot continue mining lignite by removing the last bit of an ancient forest in Germany, its chief executive told public broadcaster ZDF.

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Four General Electric power turbines shut down in U.S. due to blade issue

Sep 20 2018

General Electric Co said on Thursday that four of its new flagship power turbines in the United States have been shut down due to an "oxidation issue" and warned it expects the problem to affect more of the 51 units it has shipped, sending shares lower. | Video

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