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Coal
South Korean President Details Phase-out of Coal, Nuclear Power
During his electoral campaign, South Korean President Moon Jae-in vowed to end the country’s reliance on coal and also said the nation would move away from nuclear energy. He took a major step in that
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O&M
Collaboration and Innovation Produce a Powerful Microgrid Solution
The challenge was to take a facility that was far off the grid, and move it forward as an energy self-sufficient complex while also turning an idea into a commercially viable product. That was the impetus
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Nuclear
Toshiba Will Pay $2.2 Billion to Exit Summer Nuclear Project
SCANA Corp. and state-owned utility Santee Cooper on July 27 said Toshiba has agreed to pay nearly $2.2 billion to cap its liabilities from the unfinished V.C. Summer nuclear project in South Carolina. Toshiba subsidiary Westinghouse, which was building two nuclear units at the Summer site along with the troubled Vogtle nuclear project in Georgia, […]
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Renewables
Group Reports 40% Jump in U.S. Wind Power Projects in Q2
Wind power production continues to increase in the U.S., with a more than 40% increase in the number of wind projects under construction or in advanced development this year compared to the same time last year, according to the American Wind Energy Association (AWEA). The group announced the figures during a July 27 meeting in […]
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Legal & Regulatory
Group Will Appeal Ruling That Backs N.Y. Nuclear Subsidies
A group representing several energy companies and ratepayers said it would appeal a federal judge’s ruling that upholds New York’s plan to subsidize nuclear power plants in the state. U.S. District Judge Valerie Caproni on July 25 in Manhattan ruled that federal law does not preempt the state and its Public Service Commission (PSC) from […]
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Coal
No Detectable Toxins in Water Near Memphis Plant, Says TVA
A Tennessee utility company on July 20 said tests on drinking water in the vicinity of a coal-fired power plant in Memphis showed no detectable evidence of arsenic, lead, and other toxins. The Sierra Club asked state officials to perform the tests after high levels of arsenic were found in monitoring wells at the Allen […]
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Legal & Regulatory
Dominion Ordered to Revise Plan for Coal Ash at Chesapeake
A spokesman for Dominion Energy said the company will begin working on a new plan for dealing with leaking piles of coal ash at a retired coal plant in Virginia after a federal judge ruled the company’s current remediation at the site is not acceptable. U.S. District Judge John Gibney Jr. on July 13 ordered […]
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Legal & Regulatory
Appeal Filed After Judge Dismisses Challenge to Illinois’ ZEC Program
A federal judge has let stand Illinois’ zero-emission credit (ZEC) program, dismissing challenges filed by power producers who said the initiative subsidizes nuclear power at the expense of other resources. Judge Manish S. Shah of the U.S. District Court for the Northern District of Illinois on July 14 ruled in favor of motions by the […]
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Coal
Dynegy Divests Assets as Part of Engie Deal
Dynegy this week announced it will sell three more power plants to reduce debt as it works to satisfy an agreement with the Federal Energy Regulatory Commission (FERC) reached after the company’s $3.3 billion purchase of French energy giant Engie’s U.S.-based assets earlier this year. Houston, Texas-based Dynegy said it has agreed to sell its […]
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Renewables
NRG’s New Plan: Sell Assets, Change Focus, Raise Cash
NRG Energy said it will sell as much as $4 billion in assets as it seeks to lower its debt and cut costs after a revolt by activist investors unhappy with the company’s direction. Shares of the company jumped 29% to a two-year high on July 12 after NRG announced the moves as part of […]