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Renewables
EPRI: Electrification to Reshape Power Landscape
Even in the absence of climate policy, customer adoption of electric end-use technologies over the next 30 years is expected to spur steady growth in energy consumption, a new report assessing U.S. electrification from the Electric Power Research Institute (EPRI) suggests. The April 3–released report, “U.S. National Electrification Assessment,” is based on findings by EPRI’s […]
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Legal & Regulatory
[Updated] Troubled FirstEnergy Companies Seek Bankruptcy Protection
FirstEnergy Corp.’s competitive arm FirstEnergy Solutions (FES) and several key subsidiaries, including FirstEnergy Nuclear Operating Co. (FENOC), on March 31 sought Chapter 11 bankruptcy protection. FirstEnergy said the move would facilitate an “orderly financial restructuring” and accelerate its strategy to become a fully regulated utility. FES—the parent company of FE Aircraft Leasing Corp., FirstEnergy Generation, […]
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Infographics
THE BIG PICTURE [INFOGRAPHIC]: Changing Fleets
The generating fleets owned by some of the largest companies in the U.S. (ranked here by capacity in 2017) have transformed over the past four years, in some cases dramatically, as total revenues fluctuated. Sources: Fidelity Investments (revenue data standardized by S&P Capital IQ); EIA-860 detailed data; SEC 10-K filings, and company websites. —Copy and artwork by Sonal Patel, a […]
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POWERnews—March 29, 2018
March 29, 2018 FirstEnergy Entreats DOE to Help Save Nuclear Plants A day after FirstEnergy Corp.’s competitive arm notified PJM Interconnection it would close four uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, it urged… Read More Minnesota May Be Next to Support Nuclear Plants Following the lead of […]
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Legal & Regulatory
FirstEnergy Entreats DOE to Save Coal and Nuclear Plants
A day after FirstEnergy Corp.’s competitive arm notified PJM Interconnection it would close four uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, it urged Energy Secretary Rick Perry to issue an emergency order directing the regional transmission organization (RTO) to secure nuclear and coal capacity for long-term reliability. FirstEnergy […]
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Nuclear
FirstEnergy to Shutter Four Uneconomic Nuclear Units by 2021
FirstEnergy Corp. will close four uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, the company’s competitive arm notified PJM Interconnection on March 28. FirstEnergy Solutions (FES) told the regional transmission organization that it will close the 908-MW Davis-Besse Nuclear Power Station in Oak Harbor, Ohio, by 2020; the twin-unit […]
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Nuclear
Texas Consolidated Nuclear Waste Storage Facility to Be Revived
Waste Control Specialists (WCS) and Orano USA intend to revive licensing of a consolidated interim storage facility (CISF) in Andrews County, Texas, where spent nuclear fuel (SNF) from reactors across the country can be stored until a permanent repository is developed. The companies said on March 13, 2018, they intend to form a joint venture […]
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Renewables
NRG Sheds Generation Emphasis, Puts More Focus on Retail
To remain competitive in power markets increasingly characterized by disruptions, NRG Energy plans to accelerate its transition from a pure independent power producer (IPP) model to a more simplified customer-driven integrated power model that favors its retail businesses. In a number of presentations showcased on March 27 as part of NRG’s 2018 Analyst Day, company […]
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Gas
GE HA Turbine Snags Another World Record for CCGT Efficiency
Chubu Electric’s Nishi-Nagoya power plant Block-1 in Japan, a plant powered by three GE 7HA turbines and Toshiba Energy Systems & Solutions steam turbine and generator technology, is officially the world’s most efficient combined-cycle power plant, according to Guinness World Records. The entity that collects and showcases ultimate record-breaking facts highlighted the plant’s achievement of […]
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POWERnews—March 22, 2018
March 22, 2018 Turbine Manufacturers Tout Improvements During ELECTRIC POWER Conference Turbine manufacturers continue to upgrade their products with technology enhancements to meet market demands for more flexibility and higher efficiency. Suppliers for combined cycle power plants outlined several of those… Read More Utility Managers Build Business Case for Digital Technologies The rise of digital […]