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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 […]
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Coal
Bipartisan Group Backs Extension of Carbon Tax Credit
A bipartisan group of U.S. senators has announced plans to reintroduce legislation called the FUTURE Act, which would extend and expand the federal 45Q tax credit for carbon dioxide capture and sequestration. The bill has the support of both fossil fuel companies and environmental groups. At present, the 45Q provision awards $10 per metric ton […]
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Legal & Regulatory
Indiana Coal Plant Delays Pollution Control Amid EPA Uncertainty
Northern Indiana Public Service Co. (NIPSCO) said it will hold off on installing wastewater pollution controls at its largest coal plant in Indiana as industry groups continue to challenge the Environment Protection Agency (EPA) ruling that led to the installation plan. NIPSCO asked Indiana regulators in November 2016 to approve a $400 million plan for […]
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Legal & Regulatory
Court Rejects FERC Decision on PJM Pricing Rule
A federal appeals court has ruled the Federal Energy Regulatory Commission (FERC) should not have denied a 2012 proposal by PJM in which the regional power operator sought to revise its minimum offer price rule (MOPR). The D.C. Circuit Court of Appeals on July 7 said FERC went beyond its “passive and reactive role” under […]