Business

Kyushu Electric Power Co.’s twin Sendai nuclear units in Japan’s Kagoshima Prefecture on Nov. 7 got the government’s green light to restart. Once back online, likely in 2015, the units will be the first to restart of Japan’s 48 reactors that were shuttered for safety checks following the March 2011 Fukushima accident. Kagoshima Prefecture Governor Yuichiro […]

A couple of recently released reports offer some hope for the future of nuclear power plants operating on the fringe of profitability. Moody’s Investors Service suggests that the U.S. Environmental Protection Agency’s (EPA’s) Clean Power Plan “could increase the value of nuclear power as a non-carbon emitting generation source.” In its report, “Environmental Mandates and […]

On Nov. 5, The Babcock & Wilcox Co. (B&W) announced that its board of directors has unanimously approved a plan for the tax-free spin-off of the company’s power generation business to B&W’s shareholders, in the process forming two independently traded companies. In its third-quarter earnings call the following day, company executives emphasized that the two […]

The Electric Reliability Council of Texas (ERCOT) completed an evaluation of a plan to export power to Mexico from the Frontera Generation Station, located in Mission, Texas. Although the results indicated that the power system could operate effectively during normal conditions without Frontera’s capacity, ERCOT says it has concerns with power supply sufficiency and transmission […]

The decision to eliminate coal-fired power plants and the implementation of an aggressive feed-in tariff program puts Ontario’s electricity system in the spotlight. Download a pdf of this sponsored report, written by Global Business Reports: GBR_ONTARIO_PWR_1114_sm

China has been battling—and losing—a “war” on air pollution for years. Stepping up its efforts, the country recently issued new policy measures, tougher even than those in the U.S. and European Union, that could have big implications for its coal power sector.  Reports that heavy smog has blanketed large swathes of China’s provinces have become […]

The U.S. Department of Energy (DOE) has announced five awards to a total of five companies that are designed to help advance key nuclear energy research and development projects supporting advanced reactor technologies. The awards were framed as being part of the administration’s Climate Action Plan and are part of a DOE program launched in […]

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 for Economic Co-operation and Development (OECD) Nuclear Energy Agency (NEA), spoke with POWER Editor Gail Reitenbach on October 16 at the World Nuclear Exhibition outside […]

Cost estimates for the Kemper County Integrated Coal Gasification Combined Cycle project (IGCC) have surged another $330 million since August, mostly owing to delays that have shifted the plant’s in-service date to the first half of 2016.  Plant owner Mississippi Power’s latest monthly report submitted to the Mississippi Public Service Commission shows that the project’s total […]

The AREVA-Siemens consortium that is building the Olkiluoto 3 nuclear reactor in Finland, and the plant’s owner, Finnish utility Teollisuuden Voima Oyj (TVO), have again increased claims and counterclaims for billions of dollars in costs and losses, which they say are caused by delays afflicting the world’s first EPR project. At the end of 2003, TVO […]