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Coal
Duke Energy Mulls Sale of International Power Plants
Duke Energy is considering the sale of all or most of its international power plants, about 4,400 MW dispersed throughout Central and South America. The company’s international business segment, Duke Energy International (DEI), was forced to make the disclosure in light of a required statement from its Brazilian subsidiary, Duke Energy International, Geração Paranapanema S.A. […]
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T&D
Fortis’ $11.3B Acquisition of ITC Holdings Marks Foray into U.S. Regulated Markets
Canadian utility Fortis wants to acquire ITC Holdings Corp., the largest independent electric transmission company in the U.S., to benefit from “low-risk” regulated power markets. The deal valued at about $11.3 billion will allow Fortis to enter the U.S. regulated power market overseen by the Federal Energy Regulatory Commission (FERC), providing a “unique, highly diversified, […]
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POWERnews—Feb. 4, 2016
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide EPA, DOE Experts Upbeat on Regulatory Agenda The Environmental Protection Agency’s (EPA’s) acting administrator of the Office of Air and Radiation, and the Department of Energy’s (DOE’s) head of clean coal and carbon management gave upbeat assessments of the […]
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Coal
Kemper IGCC In-Service Date Pushed to Q3, Costs Surge Again
Mississippi Power’s lignite-fired Kemper County integrated gasification combined cycle (IGCC) power plant is seeing yet another delay and $110 million in new costs, a filing with state regulators shows. The company’s December 2015 monthly status report for the nation’s first commercial power plant that will capture and store carbon dioxide anticipates that it will now […]
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Nuclear
Japan Restarts Third Nuclear Reactor, a MOX Unit
Following rigorous safety checks, Kansai Electric Power Co. on February 1 restarted a unit that uses a uranium-plutonium mixed oxide (MOX) fuel at its Takahama nuclear plant in Japan’s Fukui prefecture. The unit is the third restarted in Japan since the country’s Nuclear Regulation Agency (NRA) idled all reactors and began safety checks in the […]
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Legal & Regulatory
New York Launches $5B Clean Energy Fund
The New York State Public Service Commission on January 21 approved a 10-year, $5 billion Clean Energy Fund that is expected to address climate change and strengthen resiliency in the face of extreme weather. It will also bolster Gov. Andrew Cuomo’s aggressive Clean Energy Standard, which calls for the state to meet 50% of its […]
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O&M
Winter Storm Wallops East Coast, Disrupts Power
The historic winter storm that buried the Eastern U.S. in snow over the weekend shut the lights off for more than a million customers from Arkansas to Massachusetts as it downed power lines and hampered operations at some power plants. According to the Department of Energy’s Office of Electricity Delivery and Energy Reliability, at one […]
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POWERnews—Jan. 28, 2016
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide Halt the EPA’s Clean Power Plan Now, 26 States Urge Supreme Court Following the D.C. Circuit's denial of motions for stay, 26 states, a number of trade associations, and a coalition of utilities have petitioned the U.S. Supreme Court […]
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Legal & Regulatory
[UPDATED] Halt the EPA’s Clean Power Plan Now, 26 States Urge Supreme Court
Following the D.C. Circuit’s denial of motions for stay, 26 states have petitioned the U.S. Supreme Court to immediately block the Environmental Protection Agency’s (EPA’s) contentious Clean Power Plan from taking effect. The January 26 application, directed to Chief Justice John Roberts Jr., notes that the states filed petitions for review of the carbon rule […]
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Legal & Regulatory
Senate’s Failed Veto Override Leaves WOTUS Rule Intact
Congressional efforts to block the Environmental Protection Agency’s (EPA’s) contentious rule asserting federal authority over small bodies of water were derailed on Jan. 21. Senate Republicans voted 52–40, failing to override the president’s veto of the so-called “Clean Water Rule”—also “Waters of the United States” (or WOTUS) well short of the 60 necessary votes. Clean […]