What’s New


Current Posts

Current Posts

The sun sets behind the Vogtle 1 and 2 cooling towers near the Unit 3 and 4 construction site in Georgia. Courtesy: Georgia Power (March 2016)

Vogtle’s Escalating Costs Concern Lawmakers, Stakeholders

The Vogtle nuclear expansion’s “ever-escalating” cost is concerning several members of Georgia’s General Assembly, according…

Splash_EDF Bouchain combined cycle power plant_web

GE Gas Turbine Blade Issue Concerns Analyst

Lead analyst Stephen Tusa lowered J.P. Morgan’s rating on GE stock after “checks on two…

New Jersey. On March 6, three Democratic lawmakers in New Jersey introduced SB 3061 in the state Senate, a bill that directs the state's Board of Public Utilities to study ZECs of about $500 million per year for the state’s nuclear power plants, and requires the board to report back to the governor and legislature with its findings.


In a comment on the New Jersey bill submitted on March 20, industry group EPSA commended the bill's sponsors for "not rushing to judgment as ZECs are highly controversial." Public Service Enterprise Group—the state's largest electricity provider—"only started claiming that its nuclear plants may not be recovering their cost of capital to justify future investments and could be cash flow negative by 2020," it noted.


"This is apparently based on a comparison with illiquid forward power prices that may or may not accurately measure future revenues from these plants," it added (EPSA's emphasis). "For starters, if revenues below cost of capital and need to fund future investments are the standards to trigger consumer subsidies, many non-nuclear power plants (including those of EPSA members) would also qualify for out-of-market subsidies. Where would subsidies end?"


The national trade association for independent power producers and marketers also pointedly noted that ZECs are being pushed by utility holding companies that "own both market-based generation and cost-based retail distribution utilities to finance new corporate strategies to boost earnings by exiting competitive generation to focus on more assured earnings from their retail rate-regulated utilities."


The Oyster Creek unit is the oldest operating reactor in the U.S., having begun commercial operations Dec. 23, 1969. Exelon announced the retirement of the 625-MW plant on Dec. 8, 2010. The Ocean County, N.J.–facility is expected to be permanently closed in 2019. Courtesy: Exelon Nuclear

[VIDEO] An Iconic Nuclear Plant Shuts Down

The Oyster Creek Nuclear Generating Station in New Jersey, the oldest operating nuclear plant in…

Fig 1_Oyster Creek Nuclear Plant_Exelon

Oldest U.S. Nuclear Plant Shuts Down

The Oyster Creek Nuclear Generating Station in New Jersey, the oldest operating nuclear plant in…

QUA_0008

Appeals Court Backs Illinois’ Nuclear Subsidies

The U.S. Court of Appeals for the Seventh Circuit on September 13 upheld subsidies offered…

BP_0918_RegualtoryRollbacks

THE BIG PICTURE: Trump’s Regulatory Targets

President Trump campaigned on a promise to reduce regulation and control regulatory costs. One of…

The EPC contractors should design the plant that best fits the users’ selected chemistry program. Courtesy: Colleen Scholl, HDR Inc.

Select Boiler Chemistry in the Design Phase of Project Life

On many combined cycle projects, the major decisions about boiler chemistry are left until after…

Figure 7 - Sulzer centrifugal pump

Equipment Showcase: Pumps

Pumps and pumping systems have multiple applications in power plants and can be located in several locations throughout a facility. These pumps are generally centrifugal and positive displacement pumps

Fig 1_equipment sensors_web

A Reimagined Power Future Enabled by Digital Technologies

The power industry is changing and leading companies are turning to digital technologies to revolutionize their operations. Monitoring and diagnostics centers are leveraging vast amounts of data from around

cannabis-sativa-plant-1404978544Z8U

Power Struggle: Cannabis Growers Face High Energy Costs in New Jersey

New Jersey is yet another state expanding public access to cannabis for medical purposes and is poised to legalize access for recreational use. This means energy service providers and public utilities will

Splash_EDF Bouchain combined cycle power plant_web

GE Gas Turbine Blade Issue Concerns Analyst

Lead analyst Stephen Tusa lowered J.P. Morgan’s rating on GE stock after “checks on two…

PWR_050116_DERBatteries_Splash

Storage Bringing Change to Energy Markets

Energy industry experts speaking at the MEGA Symposium in Baltimore, Maryland, on August 21 agreed…

800px-Donald_Trump_(16652895246)

Trump Emissions Plan Aims to Boost Coal-Fired Power

The Trump administration has proposed an overhaul of U.S. power plant emissions rules, unveiling a…

Test Your Knowledge

Test Your Knowledge: Scaffold Safety

It is safe to say that every power plant in the world uses scaffolding in…

Fig 1_HRSG duct burners

New Damage Mechanism Identified in HRSG T-91

For a decade or more, heat recovery steam generator (HRSG) users have heard that Grade-91…

PWR_040115_SafetyRetire_Fig2

EIA Report Says Coal Still King on State-by-State Basis

A report this week from the U.S. Energy Information Administration (EIA) shows coal-fired power was…

FirstEnergy Corp.’s Bruce Mansfield plant s a 2,490-MW coal-fired power plant located in Shippingport, Pennsylvania, along the Ohio River, approximately 25 miles northwest of Pittsburgh. The site covers 473 acres. Unit 1, online in 1976, generates 830 MW; Unit 2, online in 1977, generates 830 MW; and Unit 3, online in 1980, generates 830 MW. Courtesy: FirstEnergy

FirstEnergy Throws in the Towel on Coal Plants

FirstEnergy Solutions Corp. (FES) notified PJM Interconnection, the regional transmission organization (RTO), of its plans…

AES Shady Point coal plant near Poteau, Oklahoma. Courtesy: AES Shady Point

Oklahoma Coal Plant Sets Closing Date After Losing PPA

An executive with the AES Shady Point coal-fired power plant in Oklahoma said the facility…

coal_power_plant_wikipedia

Coal’s ACE in the Hole? New Rule Still Faces Headwinds

The Trump administration has extended a potential lifeline to coal-fired power plants with its Affordable…

coal_power_plant_wikipedia

Experts: Coal Plants Must Adapt to New Energy Landscape

The Trump administration’s Affordable Clean Energy (ACE) rule announced August 21 calls for coal-fired power…


Webinars

How to Implement a High Energy Piping (HEP) Program To Prevent Catastrophic Damages and Minimize Unplanned Outages

Register to attend this complimentary webinar on demand. High Energy Piping (HEP) system failures can potentially lead to serious consequences for fossil and combined cycle power plants. Is your plant…


Social Sharing




Face To Face

Distributed Energy Conference10/15/2018

The Distributed Energy Conference is the only event that brings together utility-scale electricity providers with other power generators, including commercial and industrial facilities, cooperatives, and private enterprise. It focuses on… Learn more

Connected Plant Conference, presented by POWER02/19/2019

Hosted by POWER magazine, this is the only event dedicated to the latest digital monitoring, diagnostic, analytics, Industrial Internet of Things, and decision-support technologies for the power generation industry. Learn more

21st Annual ELECTRIC POWER Conference & Exhibition04/23/2019

Attend the ELECTRIC POWER Conference & Exhibition, which pairs hands-on training and development with current, relevant insight on the volatile power generation landscape that can be applied next week, not… Learn more



FULL SCREEN CONTENTExplore >>


PARTNER CONTENT


POWERBlog

Read the latest blog posts...