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Commentary
The Future Looks Bright for Natural Gas-Fired Power Generation but Price Volatility Is a Wild Card
The U.S. Energy Information Administration (EIA) earlier this year reported that the power sector was poised to add 11.2 GW of new natural gas–fired capacity in 2017. If that forecast proves accurate, it
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Coal
Navajo Nation Backs Lease Extension to Keep Coal Plant Online
A coal-fired power plant in northeastern Arizona can continue operating until at least the end of 2019 after the Navajo Nation Council approved a lease extension for the facility. The three Arizona utilities and one Nevada utility that own the plant along with the federal Bureau of Reclamation had said in February 2017 they would […]
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Nuclear
Millstone Weighs Options as Opposition to Financial Aid Continues
Groups opposed to financial relief for Connecticut’s 2,111-MW Millstone Nuclear Power Station continue to press their case against subsidies for the plant as state lawmakers prepare for a special session to prepare a state budget for the new fiscal year, which begins July 1. The regular 2017 legislative session ended June 7. Dominion Energy in […]
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Legal & Regulatory
Dominion Will Restart Virginia Coal Units After DOE Emergency Order
The U.S. Department of Energy (DOE) said PJM can restart two coal-fired units at Dominion Energy’s Yorktown, Va., power plant, two months after the aging units were shut down because they could not meet federal emissions standards. The emergency order from the DOE, issued June 16, allows the units to run during the hot summer […]
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Legal & Regulatory
Cost Overruns at Vogtle Expected to Soar
Georgia Power officials say the utility continues to work with its partners in the troubled Vogtle nuclear plant to firm up construction timelines and determine the costs to complete two new units at the facility. At the same time, a group opposed to the project and two long-time project consultants say ballooning costs should put […]
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Legal & Regulatory
Analysis Shows U.S. Nuclear Plants Losing $2.9 Billion Annually
Increased use of less-expensive natural gas and renewable sources of energy for power generation is putting financial pressure on U.S. nuclear power plants, according to an analysis of electricity costs from Bloomberg New Energy Finance (BNEF). Nicholas Steckler, an analyst for BNEF, in a June 14 report said nuclear operators are losing about $2.9 billion […]
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Legal & Regulatory
EPA Head Leaves Climate Summit Early
The administrator of the U.S. Environmental Protection Agency (EPA) reportedly left a Group of Seven summit on climate in Bologna, Italy, after the opening session of the two-day event, just days after President Donald Trump said the U.S. would pull out of the Paris climate agreement. Scott Pruitt, the Oklahoma attorney general before being tapped […]
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Legal & Regulatory
Toshiba Agrees to $3.68 Billion Deal to Aid Vogtle Nuclear Construction
A nuclear plant construction project in Georgia that is years behind schedule and billions of dollars over budget has been given a lifeline that at least temporarily eases concerns about its future. Toshiba, the parent company of Westinghouse, and Southern Company subsidiary Georgia Power, majority owner of Plant Vogtle near Augusta, on June 9 reached […]
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Gas
Proposed Wisconsin Gas-Fired Plant Would Aid Utilities’ Renewable Initiatives
Minnesota Power and Wisconsin’s Dairyland Power Cooperative announced plans to co-develop a combined cycle natural gas–fired power plant, a 550-MW facility designed to provide backup power for the utilities’ efforts to expand their use of renewable energy sources. The Nemadji Trail Energy Center would be built along the Nemadji River in Superior, Wis., a location […]