POWERnews [May 12, 2016]

EIA International Outlook to 2040 Foresees Decoupling of Power Demand and Economic Growth

The world's frenzied economic growth through 2040 won't be matched by electricity demand growth, the Energy Information Administration (EIA) says in the International Energy Outlook 2016 (IEO2016 ) released on…

Nuclear Milestones Confront Exelon, FPL, and TVA

Five nuclear projects—two old, one new, two planned—faced milestones this week as their owners confronted the realities of the U.S. nuclear market. Exelon Seeks Nuclear Support In Illinois, Exelon again warned…

Southern Co. Kemper IGCC Delays, Cost Surges Are Under SEC Scrutiny

The U.S. Securities and Exchange Commission (SEC) is conducting a formal investigation concerning costs and delays plaguing Mississippi Power's Kemper integrated gasification combined cycle (IGCC) plant. Southern Co., Mississippi Power's parent…

SaskPower Carbon Capture Facility Operating More Reliably

SaskPower's Boundary Dam Unit 3 carbon capture facility is now operating with a reliability rate of over 92%.

GE Power Picks Up Doosan’s HRSG Business Unit

GE’s shopping spree in the power sector continued on May 10 as GE Power signed an agreement with Doosan Engineering & Construction to acquire the Korean firm’s heat recovery steam…

For Sale: Partially Constructed Bellefonte Nuclear Power Plant

The Tennessee Valley Authority (TVA) board of directors voted on May 5 to surplus the Bellefonte Nuclear Plant property in northern Alabama so it can be offered for sale and…

Fuel Cells Could Be a "Game-Changer" for Carbon Capture

Fuel cells powered by natural gas, biogas, and hydrogen are a rapidly expanding option for distributed generation, with fuel cell­­–based power plants being deployed in capacities into tens of megawatts.…

NRC Issues Environmental Impact Supplement For Long-Stalled Yucca Mountain Proposal

The Nuclear Regulatory Commission (NRC) on May 6 released a final environmental impact statement (EIS) supplement for the proposed Yucca Mountain nuclear waste repository, a court-obligated finding that may revive…

Renewable Energy Development Breaks Records and Leaps Ahead of Fossil Fuels Worldwide

Hands down, 2015 was a record year for global investment in renewable energy. Excluding large hydroelectric projects, the amount of money committed to renewables rose 5%, to $285.9 billion, exceeding the previous record of $278.5 billion reached in 2011.