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News
Ontario Bans Offshore Wind Projects
Ontario on Friday said it would not approve or accept any new offshore wind projects until more scientific research has been done on the installation of turbines in freshwater lakes.
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News
Texas Blackout Hearings Begin
No initial evidence had been found that the Texas power market had been manipulated when grid operator the Electric Reliability Council of Texas (ERCOT) on Feb. 2 ordered rolling blackouts, but investigations would continue, Texas regulators told legislators on Tuesday. The blackouts were necessary as some 82 power plants—out of 550 on the grid—went down for various reasons while freezing temperatures caused a record-breaking demand spike, ERCOT said.
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News
JEA Signs Option to Buy Power from Duke’s Proposed Lee Nuclear Plant
Jacksonville, Fla., municipal utility JEA last week signed an agreement with Duke Energy that gives it the option to buy up to 20% of the power generated by Duke Energy’s planned 2,234-MW Lee Nuclear Station when it becomes operational in 2021.
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News
Steam Pipe Rupture at Pa. Power Plant Injures 6
The rupture of a 6-inch steam pipe at Unit 1 of the 1,884-MW coal-fired Homer City Generating Station in Indiana County, Pa., last week tripped the unit and sent six workers to area hospitals with burns.
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News
PwC: Power Sector Mergers and Acquisition Increase Steadily in Q4 2010
The power sector saw steady, modest growth of merger and acquisition activity during the last three months of 2010, recently released analysis from PricewaterhouseCoopers (PwC) shows. The largest 25 announced deals decreased 37% in value, to $19.3 billion, compared to $30.8 billion in the fourth quarter of 2009, but financial buyers maintained investments in power deals in 2010 while corporate buyers continue to lead deal activity due to large amounts of cash to invest, PwC said.
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News
Nev. ON Line Project Gets DOE’s First Transmission Loan Guarantee
The Department of Energy (DOE) on Tuesday issued its first loan guarantee for a transmission project, committing $343 million to develop the One Nevada Transmission Line (ON Line) project. Jointly owned by Great Basin Transmission South and NV Energy, the proposed 500 kV AC transmission line is expected to carry 600 MW nearly 235 miles from Ely, Nev., to just north of Las Vegas.
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News
GE Hitachi Nuclear Energy, Lockheed Martin Sign Supply Chain Agreement
GE Hitachi Nuclear Energy (GEH) today announced it has signed an agreement with Lockheed Martin. The two U.S.-based companies will join forces to design and build what they say will be the world’s most advanced digital control systems and nuclear reactors.
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FY 2012 Budget Ramps Up Spending for Renewables, Nuclear
President Obama’s $29.5 billion Department of Energy (DOE) budget for fiscal year (FY) 2012 increases priority for renewable and nuclear energy technology research while cutting subsidies to fossil fuel energy. It also calls for a $1.3 billion cut to the Environmental Protection Agency (EPA).
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General
Can Steven Chu Lobby?
By Kennedy Maize Washington, D.C., February 15, 2011 – Can Energy Secretary Steven Chu learn to lobby? The fate of the Obama administration’s budget for his department hangs in the answer to that question. So does the fate of the tattered remnants of the strategy the administration brought to Washington to deal with its apocalyptic […]
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News
DOJ, Power Companies File Briefs in High-Profile Public Nuisance Case
Four investor-owned utilities and the U.S. Department of Justice (DOJ) have filed briefs with the U.S. Supreme Court in a high-profile “public nuisance” case in which states and environmental groups allege that greenhouse gas (GHG) emissions from four investor-owned utilities and the Tennessee Valley Authority (TVA) have contributed to climate change.