POWER magazine has been the voice of the industry for 135 years—and its rich archive is a rare chronicle of the uncertainties that the power sector has always faced. In September 1939, two months before this piece was published, Nazi Germany invaded Poland, prompting the UK—and within hours—Australia, India, New Zealand, and France to declare […]

A bitter dispute concerning subsidies for nuclear generation that has divided the power sector grew more intense over the past week as Connecticut, Ohio, and Pennsylvania advanced efforts to keep nuclear plants operating. At the same time, legal challenges to existing measures in Illinois and New York continued in two federal courts. In Connecticut, Gov. […]

Dynegy Inc.’s pending merger with Vistra Energy will create a company of a significant diversification and scale designed to weather volatile markets. Over the past year, at least eight other major power companies have embarked on various strategies to guard against distress in unregulated markets. Duke Energy. Three years ago, Duke Energy announced it would move away from organized […]

To strengthen balance sheets and thwart market woes afflicting generators in competitive markets, Dynegy Inc. and Vistra Energy will merge, creating a company that is projected to have a value greater than $20 billion. Dynegy, which operates a power plant fleet of 27 GW, will merge into Vistra Energy, the parent company of TXU Energy […]

October 26, 2017 What States Told FERC About the DOE’s Grid Resiliency Rule [INFOGRAPHIC] Comments on the Department of Energy’s (DOE’s) proposed grid resiliency rule from an assortment of state agencies, trade groups, environmental organizations, and organized market entities flooded the Federal Energy Regulatory… Read More Advanced power quality analysis – Fast, easy setup. One-touch […]

Comments on the Department of Energy’s (DOE’s) proposed grid resiliency rule from an assortment of state agencies, trade groups, environmental organizations, and organized market entities flooded the Federal Energy Regulatory Commission’s (FERC’s) docket before the tight three-week timeframe expired Oct. 23. The DOE’s “Grid Resiliency Pricing Rule” proposed on Sept. 29 directs FERC—an independent regulatory […]

A report released by the Department of Homeland Security (DHS) and Federal Bureau of Investigation (FBI) outlines a number of solutions and general best practices to thwart infiltration by the ongoing Dragonfly cyberattack campaign, which it says is targeting operational technology personnel. (For an in-depth story on that report, see: “DHS, FBI Identify Tactics in Cyberattack […]

The Department of Homeland Security (DHS) and Federal Bureau of Investigation (FBI) warned in an e-mail on October 20 that an ongoing cyberattack campaign is targeting the nuclear, energy, and other critical infrastructure sectors since at least May 2017—with results ranging from cyber espionage to the ability to disrupt energy systems in the event of […]

Construction of two nuclear plants in South Korea, halted this July by President Moon Jae-in’s announced policy to phase out nuclear power, will continue after a citizens’ jury voted to resume the projects. Korea Hydro & Nuclear Power (KHNP) was building Shin Kori 5 and 6, two AP1400 units, but the company decided to suspend […]

October 19, 2017 Siemens Reportedly Downsizing Power and Gas Business  Stricken by falling orders for large gas turbines, global technology conglomerate Siemens AG is reportedly moving to downsize its Power and Gas segment. The changes may include closure or sale… Read More NRG Stops Plan for California Gas Plant NRG Energy has stopped development of […]