France’s state-owned utility EDF will snap up between 51% and 75% of troubled nuclear giant AREVA’s reactor business in a possible $2.96 billion deal.  While the French government owns about 87% of AREVA and 85% of EDF, the utility that operates the nation’s aging 58-reactor fleet, it has pledged to look at all options to […]

Though the U.S. Senate voted 64–29 this week to renew the charter of the Export-Import Bank of the United States (Ex-Im), the House may adjourn for its summer break without taking action on the issue.  Congress let the Ex-Im bank’s charter lapse for the first time in its 81 years of continuous operation on June […]

Power News Don’t miss these POWER magazine resources: Post Jobs | View Jobs | Buyers’ Guide Power Sector Braces for Final Clean Power Plan Rule With the Environmental Protection Agency (EPA) expected to issue its final rule on power plant greenhouse gas emissions under the administration’s Clean Power Plan (CPP) early next week, reports strongly […]

As part of a remedy package to appease the European Commission, Alstom will accept $331 million less than the original $13.63 billion purchase price offered by General Electric (GE) to close the deal.  The much-anticipated deal has come under close scrutiny by the European Commission, which opened a full-scale antitrust investigation into the deal on […]

NextEra Energy’s $4.3 billion bid to buy Hawaiian Electric Industries faces big, perhaps insurmountable, obstacles before the Hawaii Public Utilities Commission, which opened the record on the deal last week. The commission published the public filings in the case, which were overwhelmingly negative. Hawaii’s governor, David Ige, panned the deal in a press conference on […]

The U.S. House of Representatives on July 23 passed by a 258–166 vote a coal ash bill that industry and states say is much-needed, but which the White House has threatened to veto.  The Improving Coal Combustion Residuals Regulation Act of 2015 (H.R. 1734) sponsored by Rep. David McKinley (R-W.Va.) seeks to implement standards finalized […]

Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide Expert: 90% of U.S. Population Could Die if a Pulse Event Hits the Power Grid When a large electromagnetic pulse (EMP) or geomagnetic disturbance (GMD) event occurs—which, according to Sen. Ron Johnson (R-Wisc.), there is “100% certainty” will happen at some […]

Renewables giant SunEdison will acquire emerging distributed energy firm Vivint Solar’s 523-MW rooftop solar portfolio in a $2.2 billion acquisition deal that signals momentum for the business model that has challenged the bottom lines of traditional utilities. SunEdison and Vivint Solar signed a definitive merger agreement on July 20. It will involve the acquisition of Vivint […]

Senators John Hoeven (R-N.D.) and Joe Manchin (D-W.Va.) have introduced a much-awaited coal ash bill in the Senate that they say will provide more certainty than will the Environmental Protection Agency’s (EPA’s) final rule alone. The bill introduced on July 17 is companion legislation to a measure introduced by Reps. John Shimkus (R-Ill.) and David […]

Emerging energy technologies such as rooftop solar, microgrids, and distributed generation could adversely affect reliability of the nation’s grid, a new report from the Electric Markets Research Foundation (EMRF) warns.  The non-profit research entity whose mission it is to fund studies on significant electric market issues notes in its report, “Changing Uses of the Electric […]