POWERnews [March 7, 2014]

GAO Report: Power Sector Is Clearly Exposed to Climate Change Risks

U.S. energy infrastructure is increasingly vulnerable to acute weather events and long-term changes in the climate, the Government Accountability Office (GAO) says in a new report. Options to help reduce those risks…

Obama’s Budget Proposal Eliminates Fossil Fuel Subsidies and Cuts EPA Funding

President Obama submitted his fiscal year 2015 budget proposal on Mar. 4. In it, tax subsidies for fossil fuel companies were under the knife, as was the Environmental Protection Agency’s…

EPA's McCarthy on Energy Sector Collaboration, Reliability, and 316(b)

Environmental Protection Agency (EPA) Administrator Gina McCarthy underscored the agency's collaboration with the energy sector as it develops environmental rules in her keynote address at IHS CERAweek in Houston on…

Moniz Reveals DOE Progress for Nuclear Waste

At a keynote address at CERAweek 2014 in Houston, Energy Secretary Ernest Moniz reiterated the Obama administration's support for all U.S. fuel sources while pursuing a low-carbon future but rarely…

NRC Issues Report Cards for All U.S. Nuclear Plants—See Who’s Failing

The Nuclear Regulatory Commission (NRC) issued its annual assessment of the nation’s 100 operating commercial nuclear power plants on Mar. 6. The results—for performance through 2013—showed that 80 plants were…

ERCOT Says New Gas Plants Will Ease Reserve Margin Concerns

In its preliminary Seasonal Assessment of Resource Adequacy (SARA) for the summer of 2014, the Electricity Reliability Council of Texas (ERCOT) said that more than 2 GW of new combined…

USEC Files for Bankruptcy Protection

Maryland-based United States Enrichment Corp. (USEC) formally filed for Chapter 11 bankruptcy protection on Mar. 5. The action has been expected since last December. USEC’s finances have been hammered by persistently…

TVA Finishes Retaining Wall Around Kingston Coal Ash Cell

Cleanup of the Kingston Fossil Plant coal ash spill is one step closer to completion. On Mar. 3, the Tennessee Valley Authority (TVA) announced that a retaining wall surrounding a…