-
Legal & Regulatory
AEP to Withdraw From ALEC, Cut Funding for Clean Coal Coalition
American Electric Power (AEP), one of the biggest coal generators in the U.S., is withdrawing funds and staff resources from heavy lobbying efforts against the Clean Power Plan, sinking them instead into preparations for compliance with the controversial climate rule. The company has informed the American Legislative Exchange Council (ALEC) that it will not be […]
-
Legal & Regulatory
Amid “Corporate Welfare” Flak, FirstEnergy Gets Davis-Besse Extension
FirstEnergy Corp., which may enter into a settlement with Ohio to safeguard the future of its Davis-Besse nuclear plant—a deal critics have blasted as “corporate welfare”—just got the Nuclear Regulatory Commission’s permission to operate the 1978-built reactor until 2037. The 20-year license extension marks a milestone for Akron-headquartered FirstEnergy, which has warned it might have […]
Tagged in: -
Legal & Regulatory
Unintended Consequences from EPA Rules
New rules from the Environmental Protection Agency (EPA) have several unintended consequences for the power sector, an expert said at a POWER magazine event on Dec. 7. Floyd Self, an attorney with Florida-based law firm Berger Singerman, said that the bevy of new EPA rules have helped forged mergers between electric and gas utilities and necessitated […]
-
Nuclear
Nuclear Rescue Initiative Launched to Slash Operating Costs, Improve Economic Viability
Shaken financially by low natural gas prices and subsidized renewables, the nuclear industry has launched a new initiative to reduce nuclear power plant operating costs to make them more economically viable. Industry group the Nuclear Energy Institute (NEI) said on Dec. 8 it is coordinating a multifaceted effort in tandem with member utilities, the Institute […]
-
POWERnews–Dec. 2, 2015
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide RWE CEO: Conventional Power Role Shifting from Baseload to Renewables Back Up in Europe Germany's largest power generator RWE, following in the footsteps of its competitor E.ON, plans to split its company to bank on renewable energy and grid […]
-
Renewables
RWE CEO: Conventional Power Role Shifting from Baseload to Renewables Back Up in Europe
Germany’s largest power generator RWE, following in the footsteps of its competitor E.ON, plans to split its company to bank on renewable energy and grid operations, which it says is the future for utility companies. If approved by RWE’s supervisory board, the Essen-headquartered company that produces more than 40% of its power from hard coal […]
-
Coal
ERCOT Braces for Regional Haze Rule, Earlier Coal Retirements
A regional haze program final rule for Texas expected soon from the Environmental Protection Agency (EPA) could speed up the retirement of about 4.7 GW of coal-fired capacity, warns the Electric Reliability Council of Texas (ERCOT) in a new generation outlook. The grid operator’s Dec. 1–released “Report on the Capacity, Demand and Reserves (CDR) in […]
Tagged in: -
Coal
UK Axes CCS Competition, Puts Two Big Carbon Capture Power Projects at Risk
The UK has canceled its flagship £1 billion ($1.5 billion) competition to help commercialize carbon capture and storage (CCS) technology from power plants. The decision by the Department of Energy and Climate Change (DECC) was announced in a three-sentence release to the London Stock Exchange just days before crucial climate change negotiations are due to […]
Tagged in: -
Power Demand
Pot, Power, and Politics
Legal marijuana, cultivated indoors on a large scale, poses a growing threat to electrical safety and a booming new business demand for electric power. Legal marijuana cultivation is posing electrical problems in three of the four states where recreational cannabis use is now permitted. The problem is that indoor growing operations—long a production staple when […]
-
POWERnews–Nov. 11, 2015
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide Coal Plants Without CCS Can Meet EPA Standards, EPRI Study Says Certain types of coal-fired power plants are capable of meeting the 636 kg CO2/MWh emissions limit in the Environmental Protection Agency’s (EPA’s) new source performance standards for existing […]