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Environmental
CRS: Compliance Costs for EPA’s Revised Ozone Standard Are Unknown
Compliance cost estimates for a revised ozone national ambient air quality standard (NAAQS) soon to be proposed by the Environmental Protection Agency (EPA) “will be little better than guesses,” the Congressional Research Service (CRS) says in a recent document. The NAAQS does not directly impose emission controls on industry, “but it sets in motion a process […]
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Nuclear
Entergy: $1.24B Is Needed to Decommission Vermont Yankee Nuclear
Decommissioning the Vermont Yankee nuclear plant will cost up to $1.24 billion, owner Entergy Corp. said in a study submitted to Vermont regulators on Friday. Entergy Nuclear Vermont Yankee (ENVY) plans to shutter the reactor in late 2014. The decision to close the plant stems from a settlement agreement negotiated by several Vermont state agencies […]
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Nuclear
NRC Deems Nuclear Waste Storage at Yucca Mountain Safe
The stalled Yucca Mountain permanent nuclear waste repository will meet regulatory requirements when permanently closed, the Nuclear Regulatory Commission (NRC) has found in a long-awaited safety evaluation report (SER). The federal regulatory body on Oct. 16 issued Volume 3 of the five-part SER on the underground geologic nuclear waste repository proposed to be built in […]
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POWERnews–Oct. 9, 2014
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Coal
CPS Energy Reconsiders Plan to Purchase Power from Texas IGCC Project
San Antonio’s CPS Energy on Monday announced a new agreement to buy power from Summit Power’s proposed integrated combined cycle coal gasification (IGCC) plant that will include carbon capture, utilization, and storage. The municipally owned utility will buy 200 MW of power from the the Texas Clean Energy Project (TCEP), which is about half the […]
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Legal & Regulatory
Supreme Court Rejects Review of EPA’s Ozone NAAQS
The U.S. Supreme Court on Monday declined to take up industry’s challenge to a federal court ruling that upheld the Bush administration’s air quality standard for ozone. The high court’s denial leaves intact the D.C. Circuit’s July 2013 decision upholding the Environmental Protection Agency’s (EPA’s) last revision of its National Ambient Air Quality Standards (NAAQS) […]
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Coal
AEP Seeks Guarantees to Ensure Economic Viability of Ohio Fleet
American Electric Power’s (AEP’s) Ohio unit has asked the state’s Public Utilities Commission for permission to essentially charge customers for costs to operate nine unregulated coal-fired units, a move the company says will address market volatility and ensure the economic viability of Ohio’s generation. AEP Ohio on Oct. 3 proposed an “expanded” power purchase agreement […]
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POWERnews–Oct. 2, 2014
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Nuclear
DOE Prepares to Offer $12.6B in New Nuclear Loan Guarantees
The Department of Energy (DOE) on Tuesday issued a draft solicitation that would provide up to $12.6 billion in loan guarantees for new nuclear projects. The agency identified four technology areas of interest in the draft solicitation: advanced nuclear reactors, small modular reactors, upgrades and uprates at existing facilities, and front-end nuclear projects. The draft solicitation […]
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Gas
NERC’s Polar Vortex Review Bares Natural Gas Dependency, Equipment Vulnerabilities
Despite record low temperatures and widespread generation outages during the polar vortex, bulk power system reliability was maintained, says the North American Electric Reliability Corp. (NERC) in a newly released analysis of the extreme cold weather event that engulfed most of the nation this January. The Jan. 6–7, 2014, weather condition that resulted in temperatures […]
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