{"id":955782,"date":"2026-04-29T06:34:00","date_gmt":"2026-04-29T10:34:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-secures-21-million-for-fuel-switching-technology-awards-parts-and-services-continues-strong-performance-driven-by-increased-baseload-demand\/"},"modified":"2026-04-29T06:34:00","modified_gmt":"2026-04-29T10:34:00","slug":"babcock-wilcox-secures-21-million-for-fuel-switching-technology-awards-parts-and-services-continues-strong-performance-driven-by-increased-baseload-demand","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-secures-21-million-for-fuel-switching-technology-awards-parts-and-services-continues-strong-performance-driven-by-increased-baseload-demand\/","title":{"rendered":"Babcock & Wilcox Secures $21 Million for Fuel Switching Technology Awards; Parts and Services Continues Strong Performance Driven by Increased Baseload Demand"},"content":{"rendered":"

<\/p>\n

Babcock & Wilcox Secures $21 Million for Fuel Switching Technology Awards; Parts and Services Continues Strong Performance Driven by Increased Baseload Demand<\/b><\/p>\n

AKRON, Ohio–(BUSINESS WIRE<\/a>)–
\nBabcock & Wilcox (B&W) (NYSE: BW) announced today that it has recently secured awards of more than $21 million for fuel switching technologies in the United States reflecting the increased utilization of coal and natural gas power plants. This increased demand for power is also driving continued strong performance in the Company\u2019s parts and services business.<\/p>\n

\n\u201cB&W continues to experience strong demand for its parts and services as coal power plants in the United States operate at peak capacity for extended periods to meet baseload generation demand,\u201d said Matthew Taylor, Senior Vice President, B&W Parts and Field Engineering Services.<\/p>\n

\n\u201cThese fuel switching projects, which include engineering and material supply, reinforce B&W\u2019s leadership in delivering efficient, reliable coal-to-gas conversion solutions to help customers reduce emissions without compromising plant performance,\u201d said Justin Chenevey, B&W Senior Vice President, Global Projects. \u201cWe\u2019re proud to support both industrial and utility clients with customized upgrades that provide greater fuel flexibility and long-term value.\u201d<\/p>\n

\n\u201cThis new work follows our successful fourth quarter 2025 conversion of a 100 MW utility boiler from coal to natural gas, delivered ahead of schedule and within budget,\u201d Chenevey added. \u201cWe are also currently executing an additional 1200 MW of coal-to-gas conversion projects which are scheduled for completion this year.\u201d<\/p>\n

\nB&W has successfully performed more than 150 boiler conversions, including projects to switch from coal or oil to 100 percent natural-gas-firing systems, as well as adding multi-fuel capabilities, significantly lowering environmental impact while also reducing fuel and plant operating costs.<\/p>\n

About Babcock & Wilcox<\/i><\/b><\/p>\n

Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on <\/i>LinkedIn<\/i><\/a> and learn more at <\/i>babcock.com<\/i><\/a>.<\/i><\/p>\n

Forward-Looking Statements<\/i><\/b><\/p>\n

B&W cautions that this release contains forward-looking statements, including, without limitation, statements relating to more than $21 million in projects to engineer and supply fuel switching technologies in the U.S., and expected demand for our technologies and services. These forward-looking statements are based on management\u2019s current expectations and involve a number of risks and uncertainties. For a more complete discussion of these risk factors, see our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. If one or more of these risks or other risks materialize, actual results may vary materially from those expressed. We caution readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and we undertake no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260429433507\/en\/<\/a><\/span><\/p>\n

Investor Contact:
\n<\/b>
Investor Relations
\n
Babcock & Wilcox
\n
704.625.4944
\n
investors@babcock.com<\/a><\/p>\n

Media Contact:
\n<\/b>
Ryan Cornell
\n
Public Relations
\n
Babcock & Wilcox
\n
330.860.1345
\n
rscornell@babcock.com<\/a><\/p>\n

KEYWORDS:<\/b> Ohio United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Coal Energy Oil\/Gas<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Babcock & Wilcox Secures $21 Million for Fuel Switching Technology Awards; Parts and Services Continues Strong Performance Driven by Increased Baseload Demand AKRON, Ohio–(BUSINESS WIRE)– Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has recently secured awards of more than $21 million for fuel switching technologies in the United States reflecting the increased utilization of coal and natural gas power plants. This increased demand for power is also driving continued strong performance in the Company\u2019s parts and services business. \u201cB&W continues to experience strong demand for its parts and services as coal power plants in the United States operate at peak capacity for extended periods to meet baseload generation demand,\u201d said Matthew Taylor, Senior Vice President, B&W Parts … <\/p>\n

Continue reading “Babcock & Wilcox Secures $21 Million for Fuel Switching Technology Awards; Parts and Services Continues Strong Performance Driven by Increased Baseload Demand”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-955782","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBabcock & Wilcox Secures $21 Million for Fuel Switching Technology Awards; Parts and Services Continues Strong Performance Driven by Increased Baseload Demand - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-secures-21-million-for-fuel-switching-technology-awards-parts-and-services-continues-strong-performance-driven-by-increased-baseload-demand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Babcock & Wilcox Secures $21 Million for Fuel Switching Technology Awards; Parts and Services Continues Strong Performance Driven by Increased Baseload Demand - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Babcock & Wilcox Secures $21 Million for Fuel Switching Technology Awards; Parts and Services Continues Strong Performance Driven by Increased Baseload Demand AKRON, Ohio–(BUSINESS WIRE)– Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has recently secured awards of more than $21 million for fuel switching technologies in the United States reflecting the increased utilization of coal and natural gas power plants. This increased demand for power is also driving continued strong performance in the Company\u2019s parts and services business. \u201cB&W continues to experience strong demand for its parts and services as coal power plants in the United States operate at peak capacity for extended periods to meet baseload generation demand,\u201d said Matthew Taylor, Senior Vice President, B&W Parts … Continue reading "Babcock & Wilcox Secures $21 Million for Fuel Switching Technology Awards; Parts and Services Continues Strong Performance Driven by Increased Baseload Demand"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/babcock-wilcox-secures-21-million-for-fuel-switching-technology-awards-parts-and-services-continues-strong-performance-driven-by-increased-baseload-demand\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-29T10:34:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260429433507r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-secures-21-million-for-fuel-switching-technology-awards-parts-and-services-continues-strong-performance-driven-by-increased-baseload-demand\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/babcock-wilcox-secures-21-million-for-fuel-switching-technology-awards-parts-and-services-continues-strong-performance-driven-by-increased-baseload-demand\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Babcock & Wilcox Secures $21 Million for Fuel Switching Technology Awards; 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