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The Tennessee Valley Authority (TVA) may further reduce its coal-fired capacity and scrap its unfinished Bellefonte nuclear power plant, the utility’s long-awaited draft power generation strategy unveiled on March 9 shows. 
 The federally owned corporation has been developing its 2015 Integrated Resource Plan (IRP), essentially a power planning roadmap to 2033, since fall 2013. The […]

Florida Power and Light (FPL) wants to buy a 250-MW coal-fired facility in Florida to shut it down. The Juno Beach, Fla.–based company filed a petition with the Florida Public Service Commission (PSC) on Friday requesting approval to acquire the Cedar Bay Generating Plant for $520.5 million. FPL has had a long-term power purchase agreement […]

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French nuclear firm AREVA’s dismal financial results for 2014 are indicative of the continuing stagnation of nuclear operations, a lack of competitiveness, and the company’s difficulties in managing the risks inherent in large projects, CEO Philippe Knoche said today. The company reported a loss of €4.9 billion ($5.6 billion) for 2014 in line with a […]

A bipartisan group of Illinois legislators have introduced bills that propose a market-based solution to curb carbon emissions and ensure continued operation of the state’s nuclear power plants. The bills SB 1585 and HB 3293 introduced in the state Senate and House would enact the Illinois Low Carbon Portfolio Standard. That measure, like a renewable […]

The Nuclear Regulatory Commission (NRC) on Monday began a special inspection of damage to the containment vessel at Unit 2 of SCANA’s Summer nuclear plant, which is under construction in South Carolina.   The inadvertent damage stems from an incident during the week of Feb. 9, the NRC said. “Chicago Bridge & Iron (CB&I) workers […]

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France will look at all options in an attempt to overhaul its state-run nuclear industry, French Energy Minister Ségolène Royal told reporters on Monday, after AREVA reported a $5.6 billion loss for 2014.  The nuclear giant announced in a Feb. 23 statement that it expects a hefty €4.9 billion loss ($5.6 billion) for 2014. The […]

A major U.S. solar manufacturer will shutter a manufacturing plant in Tennessee in part due to ongoing challenges presented by global trade disputes.  Polycrystalline silicon–maker Hemlock Semiconductor, a company majority owned by Dow Corning Corp., on Dec. 17 said it would close a facility in Clarksville, Tenn., owing to “sustained adverse market conditions.” “As difficult […]