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Senate Confirms McNamee as FERC Commissioner
The U.S. Senate on a 50-49 party-line vote December 6 confirmed Bernard McNamee to a seat on the five-member Federal Energy and Regulatory Commission (FERC), despite questions about his independence from the Trump administration and his previous comments in support of a bailout of coal and nuclear U.S. power plants at the expense of renewable […]
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Xcel’s Latest Plan: Carbon-Free by 2050
Xcel Energy has announced its plan to move to 100% carbon-free power generation by 2050, with the utility also saying it will reduce carbon emissions by 80% by 2030, from 2005 levels. Xcel, headquartered in Minneapolis, Minnesota, serves customers in eight states and over the past two years has announced a significant number of renewable […]
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Developer Sues TVA Over Cancellation of Bellefonte Deal
The real estate developer who has tried for more than two years to buy the assets of the canceled Bellefonte nuclear power plant project in Alabama has sued the Tennessee Valley Authority (TVA) after TVA last week pulled out of the deal to sell the plant. Attorneys for Franklin Haney, whose Nuclear Development LLC (NDLLC) […]
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Australia’s Victoria State Ramps Up Renewables
Victoria state in Australia continues to see dramatic growth in solar and wind power, as well as battery storage systems, as the region rapidly expands its power generation capacity, in large part to serve the
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POWER Digest [December 2018]
Veolia Hungary Creates VPP Portfolio. Veolia Hungary in October acquired a 51% ownership share in CHP Eromu Kft., the first step in a process for Veolia to create a virtual power plant (VPP) portfolio. The
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Spain Closing Mines in Transition Away from Coal
Coal from domestic mines provides just more than 2% of Spain’s electricity generation, as the country has increasingly moved away from coal-fired power toward renewable sources. The administration of new
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Cleanup and Closure Projects on a Massive Scale
Thousands of workers are involved, and billions of dollars are being spent, as U.S. utilities convert and close dozens of coal ash impoundments in an effort to meet government regulations and prevent future
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Contamination Found in Water Near Illinois Coal Ash Dumps
Analysis based on testing mostly conducted by energy companies shows that water near all but two coal plants in Illinois is contaminated with toxic waste. The Chicago Tribune on November 28 reported that a compilation of industry-supplied data from 24 Illinois coal plants shows harmful levels of arsenic, chromium, lead, and other heavy metals in […]
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Data Shows Nuclear Plant Decommissioning Costs Falling
A research group that provides information to institutional investors said cost estimates to decommission U.S. nuclear plants fell in 2017 for the first time in a decade. The Callan Institute, headquartered in San Francisco, California, in its report said decommissioning cost estimates dropped by 2.5% last year, to $88.8 billion. Callan’s data shows costs estimates […]
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Developing Nations Driving Clean Energy Investment
A new study from BloombergNEF (BNEF) says developing countries lead the way on new investments in clean energy, with those nations taking advantage of lower project costs for solar and wind power as they move away from fossil fuel-powered generation. Today’s report, from a survey by BNEF’s annual Climatescope project, says “emerging market nations … […]
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