Business

If broad policy commitments announced by various countries are implemented, coal will not only lose its rank as the dominant fuel for power generation to renewables by 2040, but the world’s coal fleet will be significantly transformed by technology advances, the International Energy Agency’s (IEA’s) newly released World Energy Outlook (WEO-2016) forecasts. Under a baseline […]

Japanese Firms Poised to Build Two 540-MW IGCC Plants Based on Nakoso Technology. A consortium of Japanese firms on December 1 said they had received full-turnkey orders for two integrated gasification

As our January 2017 cover image of a dynamic Rubik’s Cube suggests, the power industry, especially in the U.S., is dealing with something akin to solving a 3-D puzzle whose pieces are being added and subtracted as the game is being played. Although shares of traditional, regulated electric utilities remain some of the most predictable […]

The U.S. market for electricity is trifurcated. More than half the country is served by competitive generators bidding against each other in wholesale markets. Almost half is served by conventional state-regulated, vertically integrated utilities controlling generation and transmission. The rest, a much smaller portion, consists of government-owned and customer-owned utilities, some of which are generators […]

A tumultuous election year that was marked by market turmoil, the events of 2016 clearly showed that big change is afoot for the power sector. Many of POWER‘s bold predictions for 2016, such as that the near-simultaneous surge in U.S. natural gas production and recent enactment of environmental rules would reshape the U.S. power sector, […]

Some of the U.S. coal market’s own product wound up in its stocking this Christmas season. Despite hope from the election of Donald Trump and a potential shift toward more coal-friendly energy policies, coal plant owners across the country continued the trend toward shutdowns and reduced operations that have marked the past few years. Coal […]

Toshiba Corp.—the parent of Westinghouse Electric Co.—said it might book huge losses as a result of Westinghouse’s acquisition of the nuclear construction and integrated services business CB&I Stone & Webster Inc. (S&W). Westinghouse closed on its agreement with CB&I in December 2015. When the deal was made, Toshiba estimated that the amount of “goodwill” resulting […]

Although optimistic about the future of the coal industry under the Trump administration, Robert Murray, CEO of Murray Energy Corp., the largest underground coal mining company in the U.S., does not expect the president-elect to bring back coal mining jobs or spur new coal-fired power plant construction. “I’ve asked President-elect Trump to temper his comments […]

President-elect Donald Trump has picked former Texas governor Rick Perry to be his energy secretary

President-elect Donald Trump is expected to name Rep. Cathy McMorris Rodgers (R-Wash.) as his nominee to be Secretary of the Interior. There had been no official announcement as this was being written December 9, but CNBC said it had been informed of the choice by a “senior Trump official.” The Wall Street Journal and the […]

Entergy Corp. has decided to permanently close the Palisades nuclear power plant on October 1, 2018. The news comes as a bit of a surprise, because Entergy had a power purchase agreement with Consumers Energy—Michigan’s largest utility and the principal subsidiary of CMS Energy—which committed the company to buying nearly all of the power generated […]

Global demand for the 17 periodic table elements—15 within the chemical group called lanthanides, plus yttrium and scandium—has soared in recent years as they become increasingly integrated in new technologies. Some major end uses include generators for wind turbines, permanent magnets and rechargeable batteries for hybrid and electric vehicles, automotive catalytic converters, fluid cracking catalysts […]

After a lengthy process of give and take, the Illinois Legislature approved the Future Energy Jobs Bill (SB 2814) on December 1, the last day of the state’s veto session. The bill will now go to Gov. Rauner (R) for his signature, which is expected. Once signed, it will take effect on June 1, 2017, […]

A 52.5-MW solar photovoltaic (PV) plant commissioned this October in Jordan will generate about 1% of the Middle Eastern nation’s power (Figure 5). 5. Solar carpet. The 52.5-MW Shams Ma’an Solar Power Plant in Jordan was commissioned this October. Courtesy: Business Wire The plant uses more than 600,000 Series 4 thin-film modules manufactured by Arizona-headquartered […]

Refurbishment of OPG’s Darlington Units Begins. Work to refurbish Ontario Power Generation’s (OPG’s) 3.5-GW Darlington Nuclear Generating Station kicked off on October 15. The refurbishment of the four Darlington reactors, which have provided about 20% of Ontario’s power since they went into service in the early 1990s, will span 10 years. The project is estimated […]

French multinational power company ENGIE on October 20 inaugurated a mini-network comprising 16 kW of solar photovoltaic panels, a 45-kWh lithium-ion battery bank, and a back-up genset to supply power to Ketumbeine, a village in northern Tanzania with about 800 residents. The PowerCorner project (Figure 6) was launched in early 2015. ENGIE said the project […]

China’s third nuclear reactor built for the export market, Chashma Nuclear Power Plant Unit 3, was connected to Pakistan’s grid in mid-October. Chashma 3 is one of two Chinese-designed CNP-300 pressurized-water reactors being built on the site in Punjab Province. Unit 3 is expected to enter commercial operation at the end of 2016 and Unit […]

Ontario—Canada’s most populous province and its major economic engine—has an electric power supply system so driven by provincial politics that it has pushed the province’s utility generating arm, Ontario Power Generation, into what appear to be incoherent resource policies. Late last September, in a stunning announcement, the Canadian province of Ontario’s Energy Ministry said it […]

“We’re at a very challenging time,” said former Federal Energy Regulatory Commission (FERC) Commissioner Tony Clark at the annual meeting of the National Association of Regulatory Utility Commissioners (NARUC) on November 14. We have a “need for infrastructure, but it’s more difficult to get it sited and built than ever before.” Clark’s comment, which he […]

While GE-Hitachi Global Laser Enrichment (GLE) confirmed it hasn’t made a formal decision to proceed with licensing or construction of a laser enrichment facility at Paducah, Ky., the Department of Energy (DOE) announced it has agreed to sell depleted uranium to the company over a 40-year period to help produce nuclear power plant fuel. The […]

FirstEnergy Corp.—one of the nation’s largest investor-owned electric utilities, serving customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York—has made the strategic decision to exit the competitive power business. “We have made our decision that over the next 12 to 18 months we’re going to exit competitive generation and become a fully […]

The November 8 election yielded surprising results for controversial energy-related measures in three states. In Florida, voters rejected Amendment 1, a measure backed by utilities to curb the expansion of resident-owned solar rooftop installations. In Washington, the nation’s first state attempt to impose a carbon tax on fossil fuels and power generated from fossil fuels fell […]

Russia and China have agreed to expand cooperation on nuclear energy, with Russia to build another two reactors in China in addition to expanding cooperation on fast-reactor technology and floating nuclear plants, Russia’s state-owned nuclear firm Rosatom said in a November 8 statement. The two nations, which share a 4,200-kilometer-long border, have worked together on […]

Southern Co. has once again moved back the in-service date for the Kemper County integrated gasification combined cycle (IGCC) plant under construction in Mississippi, this time to December 31, the company said in its quarterly report released on November 4. Though the plant has experienced ongoing construction delays for a variety of reasons, the most […]

TransCanada—a leading North American energy company—has struck deals to sell its U.S. Northeast Power business. LS Power will acquire three principally natural gas–fired power plants and a wind farm from TransCanada, while ArcLight Capital Partners will buy 13 hydropower facilities located in Vermont, New Hampshire, and Massachusetts. “The sale of our merchant U.S. Northeast Power […]

Although many observers consider Elon Musk—the visionary entrepreneur who leads Tesla Motors and SpaceX—to be a disruptive force threatening the conventional power industry, he believes power companies have a bright future, if his goal to expand the use of electric cars and install vast numbers of rooftop solar systems is achieved. Speaking during a presentation […]

Vattenfall to Convert Berlin Coal Plants to Natural Gas. Sweden’s state-owned power company Vattenfall is phasing out the use of coal in Germany’s capital Berlin. The company on September 28 said it would

China is on an epic build-out of its nuclear generating capacity, and developing indigenous expertise and technology is central to that goal. The first completed plant leveraging the nation’s CPR-1000 design

Owner/operator: Exelon Generation and PSEG Nuclear/Exelon Generation When decision-makers choose to increase the maximum output of a nuclear power plant through an uprate, it sets in motion a process that can take many years and countless man-hours to complete. The success of Peach Bottom station’s extended power uprate project shows that all the long hours […]

As installed capacity in the U.S. continues its breakneck growth, the solar photovoltaic sector is poised for another leap forward with a variety of new technologies—if increasingly ill-suited regulations and rate designs can be updated to keep pace. The global solar market has moved beyond its early, uncertain days. The luxury of behaving like start-ups […]