Ameren Missouri has dropped plans to build a second nuclear unit at its Callaway Energy Center, citing shaky economics in the context of cheaper renewables, low demand, and other factors for its decision. “While we continue to believe nuclear power must be an important clean energy source for our company and country, as evidenced by […]

Don’t miss these POWER magazine resources: Post Jobs | View Jobs | Buyers’ Guide EPA Issues More Ambitious But Flexible Final Clean Power Plan The Environmental Protection Agency’s (EPA’s) final Clean Power Plan will seek to tamp down the nation’s carbon dioxide emissions from the power sector by 32% from 2005 levels by 2030—about 9% […]

Editor’s note (Aug. 3): Adds compliance cost details, key changes The Environmental Protection Agency’s (EPA’s) final Clean Power Plan will seek to tamp down the nation’s carbon dioxide (CO2) emissions from the power sector by 32% from 2005 levels by 2030—about 9% more ambitious than its original proposal. The first-ever final national standards to limit […]

Broad, bipartisan energy legislation that would allocate federal funding to grid technology research and demonstration along with a number of other initiatives, including cybersecurity and the energy-water nexus, has cleared the Senate Energy and Natural Resources Committee with an 18–4 vote.  The committee’s chair, Sen. Lisa Murkowski (R-Alaska), and Ranking Member Sen. Maria Cantwell (D-Wash.) […]

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 […]

Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide Cyber Attack on U.S. Grid Could Destroy Dozens of Plants, Cost Billions, Report Says A cyber attack on the U.S. power grid could potentially destroy dozens of generating units, leave 93 million people without power for weeks, and result in nearly […]

Interstate Power and Light (IPL) will be forced to spend $620 million to retire 10 coal-fired units and retire, refuel, or install pollution controls at several others in Iowa under a settlement reached with the federal government.  The Alliant Energy subsidiary has long anticipated the settlement announced on July 15 by the Environmental Protection Agency […]

Seven gasification projects will receive about $7.5 million in funding from the Department of Energy’s (DOE’s) National Energy Technology Laboratory. The projects will reduce the cost of coal conversion and mitigate the environmental impacts of fossil-fueled power generation, the DOE said in a statement on July 14. The projects fall under two subtopic areas: development […]

Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide McCarthy: Supreme Court Decision on MATS Won’t Affect the Clean Power Plan Rule Environmental Protection Agency (EPA) Administrator Gina McCarthy remains firm in her resolve to create a landmark rule to reduce carbon emissions from power plants later this year. Speaking […]

The nation’s 99 nuclear plants produce about 19% of the country’s power, but they also contribute about $60 billion annually to gross domestic product (GDP), a new Brattle Group report finds.  The report, “The Nuclear Industry’s Contribution to the U.S. Economy,” prepared for pro-nuclear group Nuclear Matters says, “Several factors are at play that may […]

Mississippi Power must rebate $281 million in funds collected since 2013 for rate increases related to the lignite-fired power plant under construction in Kemper County, the Mississippi Public Service Commission (MPSC) ordered on Tuesday.  The state regulatory body also ordered the company and its parent company Southern Co. to stop collecting Kemper’s rate on customer […]

Five of Germany’s largest lignite power plants will be mothballed to allow the country that is already phasing out nuclear power to meet ambitious climate goals by 2020.  In what it called a “milestone decision,” the government on July 2 agreed to scrap plans to impose a controversial—and by some accounts, illegal—climate tax for conventional […]

Power News Don’t miss these POWER magazine resources: Post Jobs | View Jobs | Buyers’ Guide Supreme Court Strikes Down EPA’s MATS Rule In a 5–4 decision announced on June 29, the U.S. Supreme Court overturned the Environmental Protection Agency’s (EPA’s) rules limiting mercury and other hazardous air pollutants released from power plants. In April […]

A new report from the Government Accountability Office (GAO) reveals surprising aspects about how federal subsidies for electricity have been distributed, how the power generation mix has shifted, and how consumption has transformed since 2001.  The June 29–released report, “Generation Mix has Shifted, and Growth in Consumption has Slowed, Affecting System Operations and Prices,” responds […]

Thirteen states are suing the Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers over the recently finalized Clean Water Rule, which they say illegally puts the federal government in charge of a majority of water and land resources in the U.S.  North Dakota, Alaska, Arizona, Arkansas, Colorado, Idaho, Missouri, Montana, Nebraska, Nevada, […]

Puerto Rico Electric Power Authority, PREPA, Wednesday made a $415 million payment to its creditors (mostly hedge fund investors), avoiding a default and giving the troubled government-owned utility more time to work out a deal to restructure its $9 billion debt. Had the utility defaulted, according to financial experts, it could have triggered the default […]

Wind is no longer a niche alternative energy industry, American Wind Energy Association (AWEA) CEO Tom Kiernan told attendees at WINDPOWER 2015.  Despite policy hurdles, the wind sector has seen exponential growth and formidable cost reductions; it has the government’s endorsement for a low-carbon future; and it’s making up an ever-larger share of the nation’s […]

Don’t miss these POWER magazine resources: Post Jobs | View Jobs | Buyers’ Guide Supreme Court Strikes Down EPA’s MATS Rule In a 5–4 decision announced on June 29, the U.S. Supreme Court overturned the Environmental Protection Agency’s (EPA’s) rules limiting mercury and other hazardous air pollutants released from power plants. In April 2014, the […]

A bill that would halt the Clean Power Plan’s compliance deadlines until litigation on the rule has been completed has passed the U.S. House of Representatives with a 247–180 vote.  The Ratepayer Protection Act (H.R. 2042) now goes to the Senate, where the GOP is working on a similar measure to suspend the Environmental Protection […]

Several Arizona and New Mexico–based utilities will be required to install pollution controls at the coal-fired Four Corners Power Plant to curb sulfur dioxide (SO2) and nitrogen oxide (NOx) under a settlement reached with the Environmental Protection Agency and the Justice Department. The settlement involves the Arizona Public Service Co. (APS), the operator and primary […]

The last of three conditional commitments offered by the Department of Energy (DOE) to the coalition building two nuclear reactors at Plant Vogtle in Georgia was finalized on June 24, allowing the project to be fully financed.  Since it conditionally offered $8.33 billion in loan guarantees in 2010, the DOE has issued $6.5 billion in guarantees […]