EPC contracts

Tips and tactics for negotiating and drafting EPC contracts for power and energy projects.

By Daniel A. Kapner, Esq.

Power and energy projects involve significant, unavoidable risks that must be allocated between project participants, including complex systems and equipment, high costs, substantial time and technology. To increase the likelihood of a project’s success, it is critical that each owner and engineering, procurement and construction (EPC) contractor understand these risks and weigh the likelihood of both positive and negative outcomes.

Energy storage

Demand, technical capability and cost are converging to drive interest in energy storage.

By Joshua Belcher and Kyle Wamstad 

Energy storage is a broad concept. It includes many different technologies and proposed applications linked by a common principle: retain electricity generated for use at a later time. Common household items –your car, phone or computer – contain batteries that have performed this function for many years. However, the application of this principle to the wholesale and retail supply of electric energy has only recently gained traction. 

So, why is energy storage trending? Because there is a convergence of need, technical capability and cost.

Digital Transform

Mining’s digital transformation is driving the next generation

of operational improvements.

By Chris Livitsanis

Just as the global mining industry reaches the limitations of productivity gains through traditional means, a new wave of digital technologies is poised to transform the sector.  

As is clear from other industries, the scope of digital technologies is virtually limitless. We are now seeing this in the mining sector, from exploration and development to supply, production, distribution, sales and trading, and even mine closure.

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Energy evolution

Oil and gas companies are using new business models and digital infrastructure investments

to reinvent themselves as broad-spectrum energy providers.

By Brent Potts

When, after 45 years, the Norwegian energy corporation Statoil officially dropped “oil” from its name this spring and became Equinor, company leadership made clear this wasn’t a hollow rebranding gesture or a disavowing of the company’s past (and present) as an oil and gas producer. Rather, it was a statement about where they see the energy business heading, and what it will take to thrive there.

Grid Resiliency

Hurricane Maria and other natural disasters reinforce the importance

of electric grid efficiency and resiliency.

By Zolaikha Strong

If the power goes out because the electrical infrastructure in the region has failed, who would you call? As the number and severity of natural disasters continue to affect different parts of the world, we – as a nation or communities or as individual citizens or businesses – must invest in the resiliency of the very infrastructure that enables our own survival.

Puerto Rico’s ongoing humanitarian crisis – a culmination of what is being called the largest blackout in U.S. history – is just the most recent example of this.

Energy Trends

What does the White House 2018 infrastructure plan hold for the power sector?

By Joshua Belcher

Improving critical infrastructure in the United States was an important topic of the 2016 election. More than a year into the Trump presidency, more concrete proposals are beginning to surface from his administration.

In his Feb. 13 "Legislative Outline for Rebuilding Infrastructure in America," the president proposed a series of measures to boost investment in energy infrastructure, including electric power generation and transmission. In line with traditional conservative policy, many of the proposed measures de-emphasize federal government involvement, promote state and local public-private partnerships and even complete privatization of certain assets.

In the Boardroom

Making the journey: Five questions for energy and mining executives

to ask about their organizations’ digital strategies.

By Andy MacRae and Brian Bayne

Energy and mining companies are among the early adopters of digital technologies. However, many organizations have only scratched the surface when it comes to harnessing the full potential of digital. The most important investment for companies looking to move from digital awareness to full digitization is finding the right executives to lead the transformation.

Regulatory climate

Keep your eyes open in 2018, a year in which some regulatory impacts

will be reduced even while new ones will take effect.

By Michael Prokop and Paul Campbell

The energy regulatory climate was in for a great deal of change in 2017 under the new administration, and those changes will continue taking effect throughout 2018. Regulatory reform and deregulation will continue to be the focus at the Commodity Futures Trading Commission (CFTC) and the Federal Energy Regulatory Commission (FERC), even though those commissions are struggling to come back to full leadership strength.

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