POWERnews [Feb. 8, 2018]

AEP, American Power Giant, Sets Goal to Slash Carbon Emissions 80% by 2050

American Electric Power (AEP), one of the nation’s largest power generators, will pursue a strategy to reduce its carbon dioxide (CO2) emissions by 60% from 2000 levels by 2030, and…

NRG Sells Renewables Assets, 3.6 GW of Louisiana Coal and Gas Power Plants

NRG Energy, in a bid to shed $7 billion in consolidated debt, is selling the bulk of its renewable assets and development platforms along with several coal and natural gas…

Virginia Considers New Utility Regulatory Rules

Virginia lawmakers are weighing legislation that would give the state more control over utilities, with some of the measures developed in concert with power companies. State legislators are discussing the…

From the Pages of POWER Magazine: #TBT #ThrowbackThursdays

In early 1882, U.S. industry was still heavily dependent on the water wheel, and many housewives cooked on wood-burning stoves. Power was made where it was used because there was no effective means…

Direct-Use Power Generation to Outpace Retail Sales Through 2050

After decades of lethargic power demand—and negative growth in 2017—U.S. electricity use is expected to grow steadily through 2050, driven by a healthy economy and increasing efficiency, the U.S. Energy…

Regulators Back Settlement for Costs of Failed Kemper IGCC Project

Shareholders of Mississippi Power will have to absorb the majority of outstanding costs resulting from the scuttled Kemper County coal gasification project, as the state’s Public Service Commission (PSC) on…

Exelon Will Close Oyster Creek Nuclear Plant Earlier than Anticipated

Exelon Generation will shutter its Oyster Creek Generating Station in October 2018—more than a year before it is required to close the single-unit reactor as part of an agreement with…

Microgrid Deployment Continues to Grow Worldwide

Microgrid deployment is rapidly taking hold worldwide, a new report from Navigant Research suggests. As of the fourth quarter of 2017, the research group’s Microgrid Deployment Tracker had identified 1,869…

Test Your Knowledge: Gas Turbine Failure Modes

The number of gas turbines operating around the world is growing steadily. In this environment, the number of power sector workers new to gas turbines is also expanding, and a…

Is the U.S. Too Reliant on Foreign Uranium for Nuclear Power Plant Fuel? [PODCAST]

The nuclear power industry is struggling in the U.S. Several reactors are at risk of early closure due to difficulty competing in the wholesale power markets. New units being built…