Business

Most of the big utilities, with an eye to ensuring a good mix of future generation resources, have a new nuclear plant in development. Even though federal loan guarantees are slow to materialize and financing these multi-billion-dollar projects has become a bet-the-company investment, the NRC has more than 40 applications from generators that continue to believe in the future of nuclear power.

News items of interest to industry professionals.

The expected renaissance for U.S. coal-fired generation has been more evolutionary than revolutionary: Less than half of the announced plants will likely progress to construction. However, the percentages for coal-fired plants aren’t significantly different from those for combined-cycle plants a decade ago, when dozens were ultimately canceled, leaving developers with warehouses full of unused gas turbines. The difference this time: The threat of carbon control legislation has moved many projects to the “wait and see” category.

A solar thermal demonstration power plant in Jülich, Germany, that was developed by the German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt; DLR), was formally handed over to its future operator, the Jülich Department of Works this August.

Carbon capture and storage (CCS) has of late gained steam as the best way to mitigate emissions of the greenhouse gas carbon dioxide (CO2) from fossil fuel power plants, despite evidence that the approach would require much energy and increase the fuel needs of a coal-fired plant by more than 25%. A new study from […]

On August 5, President Barack Obama announced that 48 new advanced battery and electric drive projects will receive $2.4 billion in funding from the Department of Energy under the American Recovery and Reinvestment Act. The announcement marks the single largest investment in advanced battery technology for hybrid and electric-drive vehicles ever made. DOE funds will […]

News items of interest to power industry professionals.

Carbon is poised to become an auditable and verifiable reporting requirement for American business. Because utilities are among the organizations with the most at stake in a carbon-constrained economy, they should proactively tackle carbon management and carbon accounting in spite of uncertainties about the precise formulation of the final regulatory framework. In short, whether a carbon accounting requirement is legislative, administrative, or driven by business partners and consumers, now is the time for utilities to act.

The Appeals Court in D.C. has struck down a Bush administration 2007 ozone rule, sending the issue back to the Environmental Protection Agency for a mulligan. What will this mean in the future?

The National Academy of Public Administration faults the U.S. Department of Energy on human resource management, contract controls, and financial management.