Business

The $930.7 million proposal by the Nuclear Regulatory Commission (NRC) to recover 90% of its budget authority through licensing, inspection, and annual fees to be charged to U.S. nuclear generators in fiscal year (FY) 2014 is a 7.7% hike from the year before, but it is “unjustified,” given the decline in the number of operating […]

New York Attorney General Eric Schneiderman on Tuesday announced his office would propose legislation that would require electric and gas utilities to assess and document their systems’ vulnerability to climate change. Though Schneiderman hasn’t yet set a date for when his office will propose the state bill, the legislation is likely to establish a framework […]

For the first time ever, the U.S. has filed criminal charges against known state actors for hacking U.S. interests. A grand jury in the Western District of Pennsylvania indicted five Chinese military hackers for computer hacking, economic espionage, and other offenses directed at six American victims in the U.S. nuclear power, metals, and solar products […]

General Electric’s (GE’s) $16.9 billion bid for rival Alstom’s power and grid divisions has set in motion a drama that seems certain to shake up the generation sector worldwide. GE and Alstom announced the all-cash offer, consisting of $13.5 billion in enterprise value and $3.4 billion in net cash, on April 30. Rumors of the […]

A report released on May 5 by staffing firm Manpower suggests that utilities are under a “double squeeze”—a shortage of skilled workers at both the entry and senior level—caused by an aging workforce, advances in technology, and a breakdown in the educational system. In its report, “Strategies to Fuel the Energy Workforce,” Manpower noted that […]

Gas, wind, and solar are it for any new generation in North America for the next five to 10 years (with a few one-offs), speakers at this year’s Platts Global Power Markets conference agreed. The annual event for those involved in power project development, financing, and litigation was held in Las Vegas Apr. 7 to […]

The 59-MW Gyeonggi Green Energy fuel cell park (Figure 3) in South Korea’s Hwasung City—one of the world’s largest fuel cell facilities—began operation in February. The five-acre facility built by

A federal court on April 15 upheld the Environmental Protection Agency’s (EPA’s) February 2012-finalized Mercury and Air Toxics Standards (MATS), ruling in a 2–1 decision that the agency is not required to take costs into account when it promulgates rules that are “appropriate and necessary” to address hazards to public health. In the U.S. Court […]

Career Advice from Women in Power Generation Many thanks to Colleen Campbell of Oakton Energy, who organized and chaired a lively discussion at the 2014 Women in Power Generation panel at ELECTRIC POWER. The April 2 event in New Orleans drew yet another record crowd—just one indication that women in the power industry are thirsty […]

The Federal Energy Regulatory Commission (FERC) should have classified and protected a sensitive grid-related document created by its staff, the Department of Energy’s Office of Inspector General (OIG) said in a memorandum on Wednesday.  Sens. Mary Landrieu (D-La.) and Lisa Murkowski (R-Alaska) requested that the inspector general investigate sensitive information leaks suspected to have originated […]