POWER
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POWER

  • Stimulus Bill Includes More Than $100 billion for CleanTech

    The $825 billion economic stimulus bill rolled out last week by House Democrats includes $19.96 billion of tax incentives for wind and solar energy, $53.75 billion for direct spending on energy technology programs largely focused on energy efficiency and on the national grid, and $18.27 billion for water and environmental spending.

  • USDA Approves Loan for Basin Electric’s Carbon Capture Project

    The U.S. Department of Agriculture (USDA) last week announced it would loan up to $300 million to Basin Electric Power Cooperative’s demonstration project to capture carbon dioxide at its Antelope Valley Station near Beulah, N.D.

  • Gazprom-Ukraine Spat Leaves Europe in the Cold

    Almost a week after Russia’s state-run gas export monopoly Gazprom cut nearly its entire capacity of natural gas exports to Europe over a pricing dispute with neighboring Ukraine, the countries hard hit by the halt in supply are looking for ways to wean themselves from Russian gas.

  • Entergy Cancels Review of ESBWR Units; Dominion to Explore Alternative Technology

    Entergy Nuclear on Friday temporarily suspended reviews of two new nuclear license applications specific to GE-Hitachi’s Economic Simplified Boiling Water Reactor (ESBWR), while Dominion said it will explore alternative nuclear power options for its proposed North Anna Unit 3 in Virginia.

  • Illinois Enacts Clean Coal Portfolio Standard

    Illinois on Monday effected legislation that creates a framework for developing coal gasification projects with carbon dioxide capture and storage, and which requires emissions from these electric generation facilities to be as clean as those from natural gas generators.

  • FPL Energy’s New Name Touts Green Credentials

    As the Florida Public Service Commission reportedly considered implementing a “clean” standard, not just a “renewable” standard, last week FPL Energy changed its name to better reflect its green credentials.

  • Obama’s Push for Clean Energy Economy Gets Mixed Reactions

    In a major economic stimulus speech at Virginia’s George Mason University on Thursday, President-elect Barack Obama pledged to boost production of alternative energy and improve energy efficiency. He also urged the nation to begin building a smart grid.

  • EDF Mobilizes All Available Generation as Temperatures in France Plummet

    Electricité de France (EDF) last week mobilized all its nuclear, hydraulic, and thermal energy generation resources in order to meet France’s climbing electricity consumption, which resulted from an exceptional bout of cold weather.

  • TVA Tackles Gypsum Slurry Spill at Ala. Coal Plant

    Weeks after a containment pond at the Tennessee Valley Authority’s Kingston Fossil Plant ruptured and caused a massive coal ash flood, the federal utility is now also working to repair a gypsum pond at its Widows Creek Fossil Plant in Alabama, after gypsum slurry overflowed into the creek Friday.

  • Morningstar Names Warren Buffett of Berkshire Hathaway Its 2008 CEO of the Year

    Investment research firm Morningstar Inc. named Warren Buffett of Berkshire Hathaway Inc. as its 2008 CEO of the Year, citing key investments in energy companies such as General Electric and Constellation Energy as reasons that cemented the award.