Business

American Electric Power (AEP) has abandoned its mammoth $4.5 billion Wind Catcher project, one of its largest planned investments, and a key part of its strategy to tamp down carbon emissions by 2030. Under AEP subsidiary Southwestern Electric Power Co. (SWEPCO)’s proposed Wind Catcher project, AEP would have acquired a 2-GW wind farm—under construction in […]

NextEra Energy Resources, the wholesale power generating subsidiary of Florida-based NextEra Energy Inc., announced it has struck a deal to shorten its power purchase agreement (PPA) with Alliant Energy and will retire the Duane Arnold Energy Center (DAEC)—a 615-MW nuclear power plant located in Palo, Iowa—before the end of 2020. DAEC’s reactor is licensed with […]

California and Texas—two regions where summer reliability concerns were forecast earlier this year—are suffering extreme temperatures and are scrambling to relieve stress on the grid. The California Independent System Operator (CAISO)—the grid operator that serves about 80% of California—on July 24 and 25 issued statewide Flex Alerts, calling for voluntary electricity conservation during peak afternoon […]

Poised to drive the future of coal power, many Southeast Asian countries are considering new coal plants with high-efficiency, low-emissions (HELE) technologies, a new report suggests. According to the International Energy Agency’s (IEA’s) December-released World Energy Outlook 2017, Southeast Asia, along with India and other developing economies in Asia, will drive global coal demand. The […]

French utility Électricité de France (EDF)on July 25 said it has pushed fuel loading at its 1.6-GW Flamanville 3 nuclear project to the fourth quarter of 2019 and increased cost estimates for the project by another €400 million (USD $467.1 million). EDF said its current cost for the project has ballooned to €10.9 billion (USD […]

Kyocera Corporation and Tokyo Century Corporation announced that Kyocera TCL Solar LLC (herein “Kyocera TCL Solar”) has completed construction of a 28-MW utility-scale solar power plant in the town of Taiwa, Kurokawa District, Miyagi Prefecture, Japan. The company has developed this solar power plant in collaboration with Tokyo-based Tsuboi Corporation and started operations in late June […]

ALISO VIEJO, Calif. — esVolta, a developer and owner of utility-scale energy storage projects across North America, has been selected by Pacific Gas and Electric Company (PG&E) to build an energy storage system in Santa Clara County, California. Under the proposal, which is pending approval by the California Public Utilities Commission (CPUC), esVolta will develop, […]

Siemens Gamesa Renewable Energy (SGRE) announces the order for the 235-megawatt (MW) Överturingen wind park in central Sweden. The scope of the project is to supply 56 units of the SWT-DD-130 wind turbine rated at 4.2 MW each, including delivery, installation and long term service. The customer is the Green Investment Group (GIG), a business […]

The Federal Energy Regulatory Commission (FERC) has ordered the North American Electric Reliability Corp. (NERC) to broaden, within six months, its Critical Infrastructure Protection (CIP) reliability standards to include mandatory reporting of cybersecurity incidents that could harm the bulk electric system (BES). FERC’s Order No. 848issued on July 19 directs NERC to develop and submit […]

Lima, Peru- (July 19, 2018) There is a Change in Power happening around the world as a combination of natural gas and renewables dominate new installation activity in the power generation sector. Nowhere is this more apparent than in Latin America. In the past 25 years, natural gas power generation saw an almost three-fold increase […]