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PSEG Sells Generation Fleet As Fossil Fuel Divestment Movement Grows

New Jersey based Public Service Enterprise Group (PSEG) has announced the sale of its 13 fossil-fuel generating plants for approximately $1.92 billion to private equity firm ArcLight Capital Partners, LLC. It is undetermined if the plants will close under the new ownership. The sale, expected to be completed by end ... Read more »

New York Passes Low-Carbon Concrete Bill

New York has passed Bill S542A establishing guidelines for the procurement of low embodied carbon concrete. As I discussed recently about ECOPact and Skansa tests, trends towards reducing embodied carbon in concrete are continuing to build momentum. Concrete remains a critical barrier to climate-friendly buildings. It is responsible for at ... Read more »

Power Transformers to Reinforce the Advancement of T&D Networks

The production of power transformer equipment has gathered robust pace in recent years. Incessant demand for reliable power supply is a known factor worldwide, driving consistent investments in upgrading grid infrastructure. The gross electricity consumption across the globe is set to register an annual rise of nearly 2%, and renewable energy generation can be expected to form a notable part

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