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News
A Powerful Investment in Education, and the Community
A new coal-fired combined heat and power (CHP) plant at the University of Alaska-Fairbanks, replacing old boilers in place since the 1960s, improves the efficiency of the campus’ heating and cooling system
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News
Investments in Energy Storage Grow as Battery Costs Fall
A new report released July 31 details continued growth in global energy storage, driven by lower costs for lithium-ion batteries. Research company BloombergNEF (BNEF) in its latest forecast published Wednesday said energy storage installations worldwide will grow across the next two decades, from the 9 GW/17 GWh of capacity deployed as of last year, to […]
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BHP, Mitsubishi Partner on Emissions Reduction Technologies
BHP and Mitsubishi Development Pty (MDP) in late June signed a memorandum of understanding for joint research, development, and deployment of greenhouse gas emissions reduction technologies in several countries, including projects with battery storage, solar, and carbon capture and storage (CCS). The agreement, signed in Tokyo, Japan, on June 20, also calls for research into […]
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News
TEPCO Says It Will Decommission Second Fukushima Nuclear Plant
Tokyo Electric Power Co. (TEPCO) on July 24 said it will decommission its Fukushima Daini nuclear station. The plant is located just south of the larger Fukushima Daiichi plant, site of a meltdown in March 2011 after an earthquake and tsunami heavily damaged the Daiichi facility. The four reactors at Daini automatically shut down after […]
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News
Investments in Storage Grow as Project Costs Come Down
Venture capital investments in battery storage companies and projects rose significantly year-over-year through the first six months of 2019, according to a report from Mercom Capital Group. That level of activity is consistent with the growth in energy storage noted by speakers on July 24 at the Storage Week Plus conference in San Francisco, California. […]
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News
Watch Stack Come Down at Florida Power Plant
JEA, the electric utility in Jacksonville, Florida, has been decommissioning the St. Johns River Power Park over the past year. A third implosion as part of the decommissioning occurred July 19, as a 640-foot-tall stack and two steam generating boilers were demolished. Friday’s work followed similar implosions in June 2018, when the plant’s two, 464-foot-tall […]
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News
AEP Will Close 1,300-MW Indiana Coal Unit
A federal judge in Ohio on July 18 approved American Electric Power’s (AEP’s) plan to close Unit 1 of its two-unit, 2,600-MW coal-fired Rockport Plant in Indiana. The modified consent decree approved by the U.S. District Court for the Southern District of Ohio on Thursday is the latest chapter in a long-running dispute among AEP, […]
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News
Regulators Back Georgia Power Plan to Close Coal Units, Add Renewables
The Georgia Public Service Commission (PSC) on July 16 threw its support behind Georgia Power’s plan to add 2,260 MW of new renewable power generation to the utility’s portfolio, on the same day the PSC signed off on the company’s effort to decommission its long-running coal-fired Plant Hammond. Georgia Power earlier this year submitted a […]
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Interview
The POWER Interview: CleanCapital Drives Investments in Clean Energy
Investments in clean energy projects have hummed along in the past few years, with the growth of renewables worldwide continuing to increase levels of solar, wind, and other resources in the global energy mix. Thomas Byrne has been in the middle of this energy transformation. Byrne, co-founder and CEO of CleanCapital and a graduate of […]
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POWER Notebook: Ohio Gas Plant Project in Jeopardy if Nuclear Bill Passes
New York City-based LS Power on July 15 said it would end a project to expand its natural gas-fired Troy power plant in Ohio if state lawmakers pass legislation to subsidize the state’s two nuclear power plants. LS Power in a news release Monday said, “Handouts to nuclear plants jeopardize the economics of the other […]