POWERnews [Jan. 8, 2015]

EPA Delays Final Carbon Rules for New Power Plants

The U.S. Environmental Protection Agency (EPA) said today that a delay in issuing final rules affecting carbon dioxide emissions from new power plants, which were due this week, will help…

California Governor Wants to Raise State’s RPS Target to 50%

With California already on track to meet its goal of getting 33% of its electricity from renewable sources by 2020, Gov. Jerry Brown announced on Jan. 5 that he would…

Cape Wind in Jeopardy as Utilities Cancel Power Purchase Contracts

The controversial Cape Wind power project planned for development off Nantucket Island in Massachusetts has suffered what may be a fatal blow, The Boston Globe reported today. According to the…

Ginna May Be Next Nuke Plant on Chopping Block

Exelon’s R.E. Ginna Power Station in western New York may be the next U.S. nuclear plant to shut down in the face of competitive pressures if the company cannot get…

AEP Looks to Sell Merchant Coal Fleet

According to a story first reported by Amanda Levin of TheStreet.com, American Electric Power Co. (AEP) has retained the services of Goldman, Sachs & Co. in an effort to unload…

Westinghouse and Bechtel Team to Pursue Nuclear Decommissioning Work

Two giants in the power industry—Westinghouse Electric Co. and Bechtel Corp.—have formed an alliance to provide decontamination, decommissioning, and remediation services to U.S. commercial nuclear power plants. The alliance is…

U.S. Gas Production Still at Record Highs Despite Collapse in Oil Market

The breathtaking collapse in crude oil prices this past fall, which has seen benchmark prices drop from over $110 a barrel last year to under $50 this past week, has…