Business

Global Companies Take on Nigeria’s Newly Privatized Plants. Nigeria’s $1 billion liquidation of five government-owned thermal and hydropower generation companies—part of a wider privatization effort that includes transmission and distribution assets to encourage investment in the power shortage–stricken country’s electricity sector—has attracted a number of global companies and investors. Eight firms bid a total of […]

A number of factors promote effective and responsible completion of EHS audit action plans, with the most important being the proper alignment of responsibility and authority for developing and implementing the audit action plan.

Data detailing plans for new nuclear reactors worldwide show few effects of the March 2011 Fukushima accident. China and Russia in particular continue to be hot spots for nuclear development, but cost overruns, construction glitches, and ongoing safety reviews are slowing construction projects elsewhere.

The National Park Service on Monday approved a $1.2 billion 500-kV transmission line that will run from the Berwick area in Pennsylvania to Roseland, N.J., a project that developers Public Service Electric and Gas Co. (PSE&G) and PPL Electric Utilities say will boost electric service reliability and provide a significant economic stimulus to the region.

China’s five largest power generators own half of that country’s power generating assets. Faulty policies and the rapidly changing global economy have made it difficult for these companies to fulfill the high expectations arising from enactment of the Power System Reform Scheme of 2002

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Current low gas prices offer a unique opportunity to lock in savings for years to come—but only if utilities, gas suppliers, and regulators have the vision to commit to a new way of doing business.

Chile Supreme Court Strikes Plans for $5B Coal Plant. Chile’s Supreme Court on Aug. 28 rejected the $5 billion Central Castilla thermoelectric power plant planned by Brazilian firm MPX Energia and Germany’s E.ON, citing environmental reasons. Developers argued that the 2,100-MW plant is needed by Chile, the world’s foremost copper producer, which struggles with high […]

The fate of coal-fired generation remains fluid as owners weigh environmental rules, the effect of low natural gas prices, and the shifting cost of investing in emissions control technology. An analysis of generating unit data suggests that smaller, older, less-efficient, and less-frequently dispatched assets are most vulnerable to retirements. Recently accelerated retirement dates for some units indicate that economic factors are a more important determining factor than pending environmental mandates

Low natural gas prices and still-soft electricity demand are forcing low-load and cycling operations at traditionally baseloaded coal units across the country. The resulting challenges were top of mind at the Electric Utility Cost Group’s (EUCG’s) fall meeting in Denver last week. One member of the EUCG’s fossil generation committee from an Ohio Valley utility said that cycling and low-load operations pose challenges for one of his company’s 1,300-MW coal-fired plants that “two years ago we wouldn’t have considered possible.”