April 13, 2021 – Schenectady, NY – GE Energy Consulting has been recognized and named to the Forbes America’s Best Management Consulting Firms 2021 List. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on March 16, 2021 and can currently be viewed on the Forbes website.
There has been a lot of talk in Washington recently about decarbonization and bringing more renewable energy online. Proposals include extending tax credits for wind and solar power and building enough offshore wind turbines to capture 30 gigawatts of wind energy by the end of the decade — enough to power more than 10 million American homes and reduce carbon dioxide emissions by 78 million metric tons.
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Emerging economies in Asia face a dilemma. They need more electricity to power economic growth, but they also want to cut emissions from coal they have relied on for decades. Switching from coal to natural gas can reduce a power plant’s carbon footprint by as much as 60%, according to a recent report published by GE. Meanwhile, urban density and geography prevent them from choosing options like large-scale wind or solar farms.
Located a short walk from downtown, the hulking blue edifice of Martin Drake Power Plant is hardly a destination site for people visiting Colorado Springs, Colorado. Still, it could soon serve as a blueprint for energy providers seeking to cut their carbon footprint and bring more renewables online.
South Korea has set a serious goal for itself: achieve carbon neutrality by 2050. The goal has been laid out in the government’s Green New Deal, a sweeping and ambitious plan launched earlier this year. The country seeks to invest $61 billion in various technology initiatives to create hundreds of thousands of jobs and reduce the country’s carbon footprint.
A lower-carbon revolution is brewing on the banks of the Ohio River. Next fall, in Hannibal, Ohio, a massive new gas turbine built by GE and running on a blend of natural gas and hydrogen will power a 485-megawatt power plant with enough capacity to light up the equivalent of 400,000 U.S. homes. Operated by Long Ridge Energy Terminal, a unit of private-equity companies Fortress Investment Group and GCM Grosvenor, the new plant is on track to be the first in the U.S.
It certainly wasn’t the first time a blanket of still, cold air covered the British Isles early in a November. But what made the autumn air mass that settled in the area this year different was its impact on the power industry.