The Federal Energy Regulatory Commission (FERC) has rejected the Department of Energy’s (DOE’s) controversial proposed rule on grid reliability and resilience pricing, initiating instead a new proceeding that will examine the resilience of the bulk power system. The DOE’s “Grid Resiliency Pricing Rule” proposed on Sept. 29 directed FERC—an independent regulatory government agency that is […]

 IRVING, Texas (January 8, 2018) – Fluor Corporation (NYSE: FLR) confirmed today that the company, working under its contract with the U.S. Army Corps of Engineers (USACE) in support of a Federal Emergency Management Agency (FEMA) mission to help repair and restore the power grid in Puerto Rico, has completed work on two 115kv transmission […]

Wärtsilä Corporation, Press release, 8 January 2018 at 3 p.m. EET The technology group Wärtsilä will deliver a 22.7 MW Smart Power Generation plant under a full Engineering, Procurement & Construction (EPC) contract to Cooperative Energy, a member-owned electric cooperative based in Hattiesburg, Mississippi. The project will consist of two gas-fired Wärtsilä 31SG engines, the […]

January 4, 2018 Brookfield Business Partners to Acquire Westinghouse from Toshiba Corp. Westinghouse Electric Co., a company that is emerging from a bankruptcy stemming from the half-built AP1000 reactor projects in Georgia and South Carolina, is to be acquired from Toshiba Corp.… Read More Despite New Jersey Senate Vote on Nuclear Subsidies, Bill May Not […]

Westinghouse Electric Co., a company that is emerging from a bankruptcy stemming from the half-built AP1000 reactor projects in Georgia and South Carolina, is to be acquired from Toshiba Corp. by business services and industrials company Brookfield Business Partners. Brookfield, a company of Toronto-headquartered Brookfield Asset Management, announced on January 4 that it entered into […]

 The Federal Energy Regulatory Commission (FERC) has proposed a revision of the Critical Infrastructure Protection (CIP) Reliability Standards to enhance awareness of existing or developing cybersecurity threats to the nation’s energy infrastructure. FERC issued a Notice of Proposed Rulemaking (NOPR) on December 21 that directs the North American Electric Reliability Corp. (NERC) to broaden CIP-008-5 […]

New Jersey’s full Senate is scheduled on January 4 to vote on a bill to subsidize two of the state’s nuclear power plants. However, industry observers posit that the measure won’t clear the full Assembly before the state legislature’s lame-duck session ends on January 9. S.3560 was introduced on December 14 after a preliminary hearing earlier […]

SCANA Corp., a company reeling from a decision to abandon two half-built nuclear reactors at the V.C. Summer project in South Carolina, is getting a lifeline from Dominion Energy, one of the nation’s largest utilities. The two companies on January 3 announced an agreement to combine in a stock-for-stock merger. The proposed deal is valued […]

Despite recent regulatory reforms relieving the oil industry of certain federal requirements, many oil and gas companies, refineries, and pipeline facilities operating in California are not immune from state regulatory requirements, including some new regulations that become effective August 30, 2018. Even if companies think they are in compliance, they should check again to make […]

An energy transition is underway across the world. Market upheaval, defining events, and recent policy changes have accelerated a shift away from coal toward renewables. Here is how this transformation played out for some of the world’s major economies over the past decade. Graphs show percent of each fuel source of total generation for that […]