POWERnews [April 24, 2014]

Duke Energy’s Coal Ash Solution Could Cost More Than $10 Billion

On Apr. 22, Duke Energy updated the N.C. Joint Environmental Review Commission on near- and long-term actions it is considering to address coal ash storage across the state. Paul Newton,…

Report: GE in Talks to Buy Alstom

General Electric (GE) is in talks to buy Alstom, with the deal being announced as soon as next week, according to a report from Bloomberg News. Citing unnamed sources, the…

Oklahoma Allows Infrastructure Cost Recovery for Distributed Generation

Oklahoma's Gov. Mary Fallin (R) on Monday signed into law a measure that would allow regulated electric utilities to recover revenues needed to pay for transmission infrastructure as the number…

Six Combined Cycle Plants to Change Hands in the Southeastern U.S.

Calpine Corp. has agreed to sell six of its Southeast region combined cycle power plants with a total capacity of nearly 3.5 GW to LS Power Equity Advisors LLC for…

German Court Orders $3B Fuel Tax Refund to Nuclear Generators

A German court on April 14 reaffirmed that a nuclear fuel rod tax is unconstitutional and has ordered federal tax authorities to reimburse €2.2. billion ($3.04 billion) paid by five…

China to Ramp Up Nuclear Power, Renewables

According to reports in the Chinese media, China’s central government is planning to reorient the nation’s energy policy to expedite the construction of new, safer, nuclear power plants and boost…

DOE to Open $4B More in Loan Guarantees for Renewables, Energy Efficiency Projects

The Department of Energy (DOE) plans to make an additional $4 billion in loan guarantees available to help commercialize U.S. renewable energy and energy efficiency technologies that avoid, reduce, or…