Duke Energy this week said it has a definitive agreement to sell a minority interest in part of its commercial renewable energy portfolio owned and operated by its affiliate, Duke Energy Renewables, to the John Hancock Infrastructure Fund and John Hancock Life Insurance Company. Duke in an April 24 release said the interest is valued […]

Rocky Mountain Power (RMP) on April 24 said an updated analysis of its operations suggests the company could lower costs for customers if it accelerates the retirement of four coal-fired units in Wyoming. Gary Hoogeveen, president and CEO of RMP, which is part of Pacificorp, told state and local officials the company has not made […]

The Indiana Utility Regulatory Commission (IURC) on April 24 rejected Vectren’s proposal to build an 850-MW natural gas-fired power plant to replace two coal-burning units at its A.B. Brown Generating Station, along with another coal unit at a nearby plant. The commission said it based its decision on the potential financial risk to ratepayers who they said […]

Managing the power load of a Las Vegas casino might seem a daunting task. MGM Resorts International, which operates several iconic properties on the city’s famous strip along with other hospitality and entertainment venues worldwide, took matters into its own hands a few years ago as it tried to control its energy costs and also […]

Washington this week became the latest state to establish a goal of 100% carbon-free clean electricity, as lawmakers passed Senate Bill 5116, which mandates a transition to clean power across the state by 2045. The bill was first introduced in January and is expected to be signed into law by Governor Jay Inslee. Washington joins […]

COMMENTARY The 19th-century electrical grid has had a good run in the United States. For more than 100 years, it has reliably provided electricity to end-users based on the premise that a centralized generation and transmission model was the way to go. Large coal, hydro and (later) nuclear generating facilities would produce huge amounts of […]

Nuclear power in the U.S. and globally has battled headwinds in recent years, and not just from the growth of other power generation resources such as solar, wind, and natural gas. Problems in the U.S. nuclear sector, such as construction delays and cost overruns at the Vogtle site in Georgia, the cancellation of the V.C. […]

Electricity demand spiked considerably in South Australia this past January as residents tried to stay cool in the middle of a record heat wave that brought temperatures up to 46.6°C (or about 115°F). To ensure a stable power supply would be available, the South Australian government fired up two power plants (276 MW) that the […]

Duke Energy on April 17 announced it will develop six utility-scale solar power projects in North Carolina, among 14 solar projects chosen as part of the state’s Competitive Procurement of Renewable Energy (CPRE) program. The 14 projects—10 in North Carolina and four in South Carolina—could cost as much as $772.5 million to build according to […]

Entergy on April 16 said it will sell its Indian Point Energy Center to Comprehensive Decommissioning International, a Camden, N.J.-based jointly owned subsidiary of Holtec International, a company buying nuclear plants that are closed or scheduled for retirement. Holtec in the deal will receive funds that Entergy has invested in a decommissioning trust, currently worth […]