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Nuclear
S. Korea Points to N. Korea for Nuclear Plant Hacking
Cyberattacks on Korea Hydro and Nuclear Power’s (KHNP’s) computer systems last December were committed by a group of North Korean hackers, an interim South Korean investigation has concluded. The Seoul central prosecutors office said in a March 16 statement that the malicious codes used for the nuclear operator hacking were “the same in composition and […]
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Environmental
IEA: For First Time in 40 Years, World Energy Sector GHG Emissions Stalled in 2014
Global emissions of carbon dioxide from the energy sector were unchanged from the preceding year—marking the first time in 40 years in which there was a halt or reduction in emissions of greenhouse gases that was not associated to an economic downturn, the International Energy Agency (IEA) said. The Paris-based autonomous organization said in a […]
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Coal
Experts: EPA Clean Power Plan’s Legal Uncertainty May Have Lasting Impact
The Environmental Protection Agency’s (EPA’s) Clean Power Plan will certainly be challenged in court, but states and power companies must expend enormous resources developing and complying with state plans regardless of the outcome, witnesses testified on March 17 at a House hearing on the proposal’s legal and cost issues. The three-hour-long hearing at the House […]
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Nuclear
Four Years After Fukushima
Four years after the massive earthquake and ensuing tsunami heavily damaged the Fukushima Daiichi nuclear plant in Japan, cleanup efforts continue amid new challenges, while Japan has made little progress on the policy front. The Ongoing Crisis at Daiichi By the fourth anniversary of the devastating events at Fukushima, the situation onsite has improved markedly, […]
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POWERnews–March 11, 2015 (Final)
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Coal
TVA’s Draft Strategy Hints at Future Energy Efficiency Boosts, Coal Retirements
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 […]
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Coal
FPL Seeks to Acquire and Phase Out Coal-Fired Power Plant
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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POWERnews–March 4, 2015
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Nuclear
AREVA Points to Stagnating Nuclear Operations for Dismal Financial Results
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 […]
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Legal & Regulatory
Illinois Mulls Low Carbon Portfolio Standard
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 […]
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