According to a story first reported by Amanda Levin of TheStreet.com, American Electric Power Co. (AEP) has retained the services of Goldman, Sachs & Co. in an effort to unload its 7,923-MW merchant generation fleet. AEP—headquartered in Columbus, Ohio—is one of the largest electric utilities in the U.S., serving over five million customers in 11 […]

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Operators at Entergy’s Vermont Yankee Nuclear Power Station (VY) took the plant offline permanently on Dec. 29 at 12:12 p.m. EST, ending a 42-year operational history. The shutdown is the first step in what is expected to be a decades-long decommissioning process for the plant. VY follows several other nuclear plants that have begun the […]

The Nuclear Regulatory Commission (NRC) announced on Dec. 23 that Stephen G. Burns will replace Allison Macfarlane as chairman, effective Jan. 1, 2015. Burns, a 33-year veteran of the agency—became a commissioner in November. He began his career at the NRC as an attorney in the Regional Operations and Enforcement division in 1978, later serving […]

Computer systems at Korea Hydro and Nuclear Power Co. (KHNP)—the operator of South Korea’s 23 commercial nuclear reactors—were hacked and information divulged via blog posts and posts on Twitter, according to the company. The first leaks on Dec. 15 were of personal information obtained from some of the 10,799 employees of the company, but later […]

POWER Associate Editor Aaron Larson recently interviewed LaMarr Barnes, vice president of marketing and business development for U.S. Water Services Inc. U.S. Water is a Minnesota-based integrated water treatment solutions provider that has developed a phosphorus-free cooling water treatment solution, which may be beneficial for power generation companies. Many power plants add phosphate-based treatments to […]

PPL Corp. made the decision on Dec. 13 to take Unit 1 at its Susquehanna nuclear power plant offline due to a small water leak inside the plant’s reactor containment. The water leak is reported to be “well within” the plant’s limits for continued safe operation, but the company chose to shut down as a […]

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NextEra Energy Inc. and Hawaiian Electric Industries Inc. (HEI)—two companies with substantial renewable energy resources—agreed on Dec. 3 to combine in a transaction valued at roughly $4.3 billion. Currently, NextEra Energy’s principal subsidiaries include Florida Power & Light Co. (the third-largest electric utility in the U.S.), and NextEra Energy Resources (North America’s largest producer of […]