Business

The effects of the January 2014 polar vortex have led to big changes in the PJM capacity market, as the board has approved changes to tighten up operations and improve reliability. The polar vortex storm of Jan. 6–8, 2014, saw temperatures plunge across the Midwest and Mid-Atlantic, causing a spike in demand for electricity and […]

POWER Associate Editor Aaron Larson recently interviewed LaMarr Barnes, vice president of marketing and business development for U.S. Water Services Inc. U.S. Water is a Minnesota-based integrated water treatment solutions provider that has developed a phosphorus-free cooling water treatment solution, which may be beneficial for power generation companies. Many power plants add phosphate-based treatments to […]

Electric utility spending and budgets for customer-funded energy efficiency programs have seen a 30% boost compared to 2010 levels and could double by 2025, thanks to expanding state policies, an updated report from the Institute for Electric Innovation (IEI) suggests. The report, “State Electric Efficiency Regulatory Frameworks,” outlines policy developments that support utility investments in […]

With the landslide re-election of Governor Jerry Brown, California looks certain to continue its suite of low-carbon policies, including the AB32 cap-and-trade program for greenhouse gases, energy efficiency programs funded to the tune of a billion dollars a year, and its renewables portfolio standard (RPS) of 33% by 2020. In fact, Gov. Brown has suggested […]

NextEra Energy Inc. and Hawaiian Electric Industries Inc. (HEI)—two companies with substantial renewable energy resources—agreed on Dec. 3 to combine in a transaction valued at roughly $4.3 billion. Currently, NextEra Energy’s principal subsidiaries include Florida Power & Light Co. (the third-largest electric utility in the U.S.), and NextEra Energy Resources (North America’s largest producer of […]

The Environmental Protection Agency’s (EPA’s) proposed carbon rules for existing power plants amassed more than 1.6 million remarks before the public comment period ended on Monday. Here’s a snapshot of what states, regulators, industry groups, and environmental alliances told the agency about its Clean Power Plan.  States Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, […]

E.ON—a major investor-owned energy supplier that manages facilities across Europe, Russia, North America, Brazil, and Turkey—announced this week that it will embark on a new corporate strategy focused on renewables, distribution networks, and customer solutions, while combining its power generation, global energy trading, and exploration and production businesses into a new, independent company. “We are […]

William D. Magwood, IV, formerly head of the U.S. Department of Energy’s Office of Nuclear Energy and commissioner at the U.S. Nuclear Regulatory Commission, and current director-general of the Organisation

“Pivoting” is a popular business buzzword, particularly in the context of startups, which often quickly change strategic direction. The global nuclear industry isn’t exactly a startup, but it is at or

EU Adopts Energy, Climate Targets for 2030. European Union (EU) leaders on Oct. 23 endorsed a binding target that will require all of the bloc’s 28 members to reduce greenhouse gas (GHG) emissions by at