[Update May 13] A serious fire at the Martin Drake Power Plant in downtown Colorado Springs will leave the facility offline for an indefinite period of time. The fire began at approximately 9:40 a.m. on May 5. The first firefighters arrived on the scene within five minutes and faced a difficult decision on how to […]

A report released on May 5 by staffing firm Manpower suggests that utilities are under a “double squeeze”—a shortage of skilled workers at both the entry and senior level—caused by an aging workforce, advances in technology, and a breakdown in the educational system. In its report, “Strategies to Fuel the Energy Workforce,” Manpower noted that […]

On May 1, President Obama announced his intention to nominate Cheryl A. LaFleur for a second term as commissioner at the Federal Energy Regulatory Commission (FERC). LaFleur was first nominated to serve as a member of FERC in 2010. She became the acting chairman in November 2013 following Jon Wellinghoff’s resignation. Her term is slated […]

Exelon Corp. and Pepco Holdings Inc. announced on April 30 that they have reached an agreement to combine the two companies. Assuming all approvals are received, Exelon will acquire Pepco in an all-cash deal valued at $6.83 billion, which represents a 24.7% premium to the volume-weighted average share price over the last 20 trading days […]

Taiwan’s governing party has agreed to halt construction on the island’s fourth nuclear power plant due to anti-nuclear public sentiment. Protestors staged a sit-in along a main street near the central train station in Taipei, the capital city of Taiwan, beginning on April 26, which was the 28th anniversary of the Chernobyl nuclear accident. According […]

Energy Future Holdings Corp. (EFH)—the Dallas-based holding company whose portfolio includes Luminant and TXU Energy—filed for Chapter 11 bankruptcy protection today. With support of key financial stakeholders, the company reached an agreement on a restructuring plan that it says will reduce debt, lower annual interest costs, allow access to additional capital, and create a sustainable […]

On Apr. 22, Duke Energy updated the N.C. Joint Environmental Review Commission on near- and long-term actions it is considering to address coal ash storage across the state. Paul Newton, N.C. state president for Duke, explained that actions outlined in a letter sent to N.C. Gov. Pat McCrory (R) and N.C. Department of Environment and […]

Calpine Corp. has agreed to sell six of its Southeast region combined cycle power plants with a total capacity of nearly 3.5 GW to LS Power Equity Advisors LLC for $1.57 billion. The deal includes the 1,134-MW Oneta plant in Coweta, Okla., the 795-MW Decatur plant in Decatur, Ala., the 606-MW Columbia plant in Calhoun […]

According to recently released data from the U.S. Energy Information Administration (EIA), 80% of total wind generation in 2013 was produced in only 12 states. A little more than 21% of the total—35,875 GWh—was generated in Texas. While that is a significant figure, Iowa would actually have led the nation in wind production if generation […]

The 270-MW South Kent Wind project has been completed in Ontario. The project includes 124 wind turbines and is the largest wind power facility in Canada. The wind farm utilizes Siemens 2.3-MW wind turbines with blades manufactured at the company’s Tillsonburg facility and towers made by CS Wind at its Windsor location using Ontario-made steel. […]