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News
World Record in Current Intensity Achieved with Distribution Cables
Researchers at Spain’s Universitat Autònoma de Barcelona, ICMAB-CSIC, and Spanish firms Labein Tecnalia and Nexans, and Endesa, have constructed a 30-meter superconducting electric cable that they say could reduce energy loss by 50% and even 70% in some parts of the distribution network.
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News
Kerry, Lieberman Roll Out Senate Climate Change, Energy Bill
Sens. John Kerry (D-Mass.) and Joe Lieberman (I-Conn.) today rolled out a draft of the American Power Act, long-awaited climate and energy legislation developed with Sen. Lindsey Graham (R-S.C.). The 1,000-page-plus bill covers a variety of issues, from a mandatory cap on greenhouse gas (GHG) emissions to expanded nuclear power and boosts for carbon capture and sequestration.
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General
Rules and Fools: EPA and CEI
By Kennedy Maize Washington, D.C., May 7, 2010 — The U.S. Environmental Protection Agency never saw a regulation it didn’t like. The Competitive Enterprise Institute never saw one it did. Now the federal agency and the Washington-based conservative think tank are involved in a silly but amusing battle of “Did not! Did so!” It promises […]
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General
Sports Betting and Financial Derivatives
By Kennedy Maize Washington, D.C., May 6, 2010 — Gambling appears to be a nearly ubiquitous human trait, as a news release I received recently demonstrates. The release, from Bookmaker.com, an offshore gambling den (online betting is technically illegal in the U.S., but that’s a joke) offers the odds that BP will be able to […]
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News
PSC Decision Puts Damper on Mississippi Lignite-IGCC Project
Mississippi Power Co.’s plans to build a 582-MW integrated gasification combined cycle (IGCC) plant proposed in Kemper County could be scrapped after regulators last week ordered a cost recovery cap of $2.4 billion—some $800 million less than what the utility had originally sought.
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Georgia Court: PSC Certification of Vogtle Reactors Is Illegal
A Superior Court judge in Georgia on Friday ruled that the state public service commission acted illegally when it certified Georgia Power’s two proposed Plant Vogtle reactors by failing to properly document justification for the reactors.
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News
Progress Energy Postpones Development of Levy Nuclear Plant Until COL
Progress Energy will postpone major construction activities at its proposed Levy County nuclear plant in Florida until after the project’s federal licensing is complete. The company last week said in a statement announcing its 2011 filing of nuclear cost-recovery estimates that the delay would allow for “greater clarity on federal and state energy policies.
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News
Sempra Agrees to Refund $400 M for Energy Crisis
San Diego–based Sempra Energy last week agreed to pay $410 million to settle a series of lawsuits and claims arising from the 2000–2001 California energy crises. The payments will go toward some $3.2 billion in settlements already negotiated by California’s attorney general and California Public Utilities Commission (CPUC) with various energy companies that allegedly profited from artificially inflated power prices during the crisis.
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News
EPA Issues Coal Ash, Boiler Rules
The U.S. Environmental Protection Agency proposed two landmarks rules this past week: On Friday, it released regulations that seek to govern mercury emissions from some 200,000 industrial boiler process heaters and solid waste incinerators, and on Tuesday, it issued a long-awaited proposal to regulate coal ash—though it deferred a decision on whether to treat it as hazardous waste.
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News
California to Restrict Power Plant Ocean Water Use
Rules adopted by the California Water Resources Control Board on Tuesday will force 19 coastal power plants—including two nuclear plants—in that state to phase out “once-through cooling” practices to reduce their impact on marine life. The new rules—the first in the U.S. to restrict ocean water use for existing power plants—could have widespread implications, including massive costs and forced shutdowns.