On July 2, the Nuclear Regulatory Commission (NRC) issued a “white” inspection finding to the Wolf Creek Generating Station in Burlington, Kan., in response to a deficiency identified during an emergency preparedness exercise conducted last year. Inspectors observed the biennial exercise on Nov. 5, 2013, to assess if the drill adequately tested elements of the […]

National Hydro Power Corp. (NHPC) and the Renewable Energy College (REC) of Kolkata have partnered to develop a 50-MW floating solar photovoltaic (PV) plant in the Indian state of Kerala, according to a report in the Economic Times. The project would represent the largest floating solar PV plant in the world, dwarfing a 1.2-MW plant […]

Continually falling costs and tightening emissions regulations are set to drive huge growth in global renewable energy capacity despite flagging support for subsidies in Europe and the U.S., says a new report from Bloomberg New Energy Finance (BNEF). The BNEF report projects global spending on new power generation will be around $7.7 trillion through 2030, […]

The Nuclear Regulatory Commission (NRC) issued two “yellow” findings on June 24 to Arkansas Nuclear One—the 1,823-MW dual-unit nuclear power plant located near Russellville that is operated by Entergy Corp.—in connection with a heavy equipment handling incident at the facility last year. On March 31, 2013, a 525-ton generator stator fell when a temporary lifting […]

After nearly two months of wooing, General Electric (GE) is finally going to get what it wants. On June 21, GE announced that the Alstom Board of Directors had chosen the GE offer to acquire the power and grid businesses over a separate offer proposed by Siemens and Mitsubishi Heavy Industries. GE said the offer […]

Thirty-two projects—most headed by universities—were awarded grants of various amounts totaling $100 million by the U.S. Department of Energy (DOE) for Energy Frontier Research Centers (EFRCs). The projects were selected from more than 200 proposals. Of the projects, 10 were new while the other 22 received renewed funding. Awards ranged from $2 million to $4 […]

Siemens AG and Mitsubishi Heavy Industries Ltd. (MHI) announced on June 16 that they have submitted a proposal to Alstom, the French multinational conglomerate. The offer comes less than a week after the companies confirmed that they were considering a joint proposal and less than 2 months after General Electric (GE) made an offer to […]

While General Electric (GE) waits for the French government to approve its bid for Alstom’s power and grid divisions, other companies are using the time to consider offers of their own. On June 11, Siemens AG and Mitsubishi Heavy Industries (MHI) announced that they are joining forces to evaluate a potential proposal for Alstom. The […]

On June 9, the U.S. Government Accountability Office (GAO) announced six recommended actions designed to improve transparency of Department of Energy (DOE) uranium transactions. The recommendations were developed following a review of four transactions that took place in 2012 and 2013 between the DOE and USEC Inc. USEC is a supplier of nuclear fuel to […]

A report released this week by Moody’s Investors Service provides an interesting analysis of two companies knee-deep in nuclear plant construction projects. The peer comparison takes a look at Georgia Power Co.—a Southern Co. subsidiary—and South Carolina Electric & Gas Co. (SCE&G)—a SCANA Corp. subsidiary. Georgia Power is adding two new units to its Alvin […]