NextEra Energy on May 21 said it would acquire several assets from Southern Co., including Southern’s ownership interest in two natural gas-fired power plants in Florida, in a deal valued at about $6.5 billion. Southern in a statement Monday said the sale would help the company reduce debt, which has dogged Southern as its subsidiary […]

Unit 4 of Japan’s Ohi nuclear power plant is online again, the eighth reactor in the country to resume service after the Fukushima disaster in 2011. Japan idled all 50 of its remaining nuclear units after the incident at the Fukushima Daiichi plant, which occurred when a 9.0-magnitude earthquake in March 2011 caused a massive […]

A report from Bloomberg New Energy Finance (BNEF) says the financial struggles of U.S. nuclear power plants continue to increase, and it is likely more plants will be faced with early retirement. It’s another acknowledgement of the tough operating environment for nuclear facilities as gas-fired and renewable energy sources continue to grab more power generation […]

It’s been nearly 50 years since Alaska’s only nuclear power plant was in service. Nonetheless, the site has continued to be a hub of activity off and on over the years; the steam plant that was served by the nuclear reactor remains online, today powered by diesel. And since 2003, the facility has been home […]

The U.S. Department of Energy (DOE) wants to know whether small-scale, modular coal-fired power plants are feasible. The DOE this week put out a request for information on how to accomplish such projects, following on its announcement earlier this year that it wants to establish funding opportunities for new coal technologies in an effort to […]

Florida regulators have given the green light to a pair of new natural gas-fired power plants that will add nearly 1,700 MW of generation capacity in the state, and a Florida-based energy project developer has announced a 1,000-MW gas-fired facility project in South Carolina. The Florida Public Service Commission (PSC) on May 8 gave approval […]

The U.S. Energy Information Administration’s (EIA’s) latest report on the nation’s power generation inventory expects 32 GW of new capacity will enter commercial service this year, the most in at least at decade. And for the first time in five years, renewable energy sources will not make up the majority of that new generation. Nearly […]

Siemens, one of the world’s largest turbine manufacturers, said it plans to temporarily shut its Power & Gas (PG) division operations worldwide in an effort to cut costs. The Germany-based energy giant in a May 7 news release said, “The shutdowns are part of a comprehensive package of measures, which also includes issues such as […]

A report from Barclays Plc said Mitsubishi Hitachi Power Systems (MHPS) received more than half of all global orders for gas-fueled turbines in the first quarter of 2018, the company’s best-ever performance in a market that has seen traditional gas turbine manufacturers struggle in recent months. The market report from the London, UK-based multinational investment […]

An electric cooperative that provides wholesale power and services to customers in 22 counties in western Kentucky has told state regulators it intends to end an operating agreement at a 312-MW coal-fired plant in Henderson, which could lead to the plant’s retirement. Big Rivers Electric on May 1 told the state Public Service Commission (PSC) […]