Business

  • Generators Sue to Block Lifeline for New York Nuclear Plants

    A group of generators including Dynegy and NRG Energy filed suit in federal court on October 19 seeking to block an incentive program that would help three New York nuclear power plants remain economic over the next decade. An August decision by the New York Public Service Commission (PSC) approving New York’s Clean Energy Standard included a provision requiring […]

  • Low River Water Could Cause Problems for German Coal Power Plants

    German utility RWE warned energy markets this week that low water levels on the Rhine River may affect the delivery of hard coal to some of its plants.

  • It’s Official: Watts Bar Unit 2 Begins Commercial Operation

    Watts Bar Unit 2 began commercial operation on October 19.

  • MPUC Decision Spells End for Two Coal Units at Xcel’s Largest Plant

    The Minnesota Public Utilities Commission (MPUC) voted unanimously to support Xcel Energy’s latest long-range plan, which will transform the company’s energy fleet. Xcel expects to more than double its renewable energy portfolio as a result, delivering greater than 60% carbon-free energy to its Upper Midwest (Michigan, Minnesota, North Dakota, South Dakota, and Wisconsin) customers by […]

  • Crescent Dunes: 24 Hours on the Sun

    Dreams of a future of round-the-clock dispatchable solar energy may have become reality at the Crescent Dunes Solar Energy Project in Nevada.

  • Delayed Again, Kemper County IGCC Plant to Start Operations in a Month

    Mississippi Power’s integrated gasification combined cycle (IGCC) power plant under construction in Kemper County, Miss., will likely be placed in service by November 30, a month later than anticipated. The delay will be costly. Mississippi Power reached a new milestone on September 16, announcing that it had started producing syngas using the second gasifier—gasifier “A”—at […]

  • PSEG Will Retire Two New Jersey Coal Power Plants

    Public Service Enterprise Group (PSEG) will close the 620-MW Hudson Generation Station in Jersey City, N.J., and the 632-MW Mercer Generation Station in Hamilton Township, N.J., on June 1, 2017. “The sustained low prices of natural gas have put economic pressure on these plants for some time. In that context, we could not justify the […]

  • Differing Visions for Energy Storage

    Big or small? Centralized or distributed? The answer, at least for energy storage, may be both, but what that future may be is unclear, if early discussions at the Energy Storage North America (ESNA) conference in San Diego October 4–6 are anything to go by. Speaking on the first night’s opening keynote panel, Colin Cushnie, […]

  • Who Is Subsidizing Whom?

    For all the words published over the past several years about electric utility customer defection—thanks to the combination of lower-cost residential solar photovoltaic systems, tax incentives, and net

  • POWER Digest

    Mexico to Launch Pilot Carbon Trade Program. Mexico will launch a yearlong simulation of a cap-and-trade program this November. The pilot program will involve up to 60 companies, allowing them to adapt a

  • Russia Accelerates Efforts to Build Advanced Nuclear Reactors

    Under a government decree published in early August, Russia will build up to 11 new nuclear reactors by 2030, including two BN-1200 sodium-cooled fast-neutron reactors. Russia already has 36 operating reactors

  • Is an Automated Compliance Tracking Solution Right for You?

    Like so many other power plant functions these days, regulatory and standards compliance can be automated. Know what you want an automated system to do before you make a vendor decision. As North American Electric Reliability Corp. (NERC) Critical Infrastructure Protection (CIP) enforcement deadlines and audit dates loom—notably, CIP-003-6 in April 2017, which addresses the […]

  • Chronic Tardiness at South Africa’s Eskom Could Be Its Downfall

    South Africa’s state-owned utility faces recent generation shortages, plant construction problems, load shedding, and uncertainty at the African continent’s only nuclear power plant. And that’s just on the generation side. Moves on the business planning and regulatory side are painfully slow and could, some argue, be writing the utility’s obituary. Eskom, South Africa’s state-owned monopoly […]

  • The Surprising Ground Zero for Electricity Market Fights

    Look to the East and you’ll see a major initiative to transform New York’s electric grid into a cleaner, more efficient system. Look to the West and you’ll find ambitious clean energy legislation in California. Yet utility executives and federal regulators recently gathered in the Midwest to highlight how this region is ground zero for […]

  • SLIDESHOW: An Alarming Trend Affecting U.S. Baseload Power

    States, regulators, and market participants have in recent years called attention to a trend concerning uneconomic baseload generation in organized wholesale markets, specifically in ISO New England, New York Independent System Operator (NYISO), MISO, PJM, the Electric Reliability Council of Texas (ERCOT), and the California Independent System Operator (CAISO). Cheap natural gas, low power demand […]

  • AEP to Shed Ohio, Indiana Coal and Gas Plants in Move for Full Regulation

    In an effort to become a fully regulated power company, American Electric Power (AEP) has agreed to sell four Midwestern power plants—representing a total of 5.2 GW—to a newly formed joint venture of Blackstone and ArcLight Capital Partners for about $2.17 billion.  AEP will sell: the 1,186-MW natural gas–fired Lawrenceburg Generating Station in Lawrenceburg, Ind. […]

  • UK Approves Hinkley Point C Construction—with Caveats

    The $23.8 billion Hinkley Point C nuclear project has received the UK government’s green light, but the country wants to ensure that project’s ownership cannot change without government agreement. After a “comprehensive review” of the project and a revised agreement with French power generator EDF, the UK Department for Business, Energy, and Industrial (DBEI) Strategy […]

  • DOE, DOI Roll Out National Strategy for 86 GW of Offshore Wind

    A strategy rolled out by the Department of Energy (DOE) and Department of the Interior (DOI) to enable 86 GW of offshore wind capacity in the U.S. by 2050 highlights a number of key hurdles, including those related to technology, regulations, the environment, and markets. The DOE’s and DOI’s September 9–released joint document, “National Offshore […]

  • NRG Poised to Scoop Up 2.1 GW of Renewable Assets from Bankrupt SunEdison

    NRG Energy has taken action to acquire 2.1 GW of utility-scale wind and solar assets owned by bankrupt renewables giant SunEdison with a $144 million auction bid this week. New Jersey–based NRG Energy on Sept. 12 executed a purchase and sale agreement (PSA) to take on 200 MW of SunEdison’s construction-ready, fully contracted solar assets […]

  • Duke Energy Renewables Acquires Solar Projects in Georgia

    Duke Energy Renewables, part of Duke Energy’s Commercial Portfolio, announced on September 7 that it will add six Georgia solar projects to the 2.8-GW renewable energy portfolio the company owns and operates. The projects are relatively small in terms of capacity—averaging about 1 MW DC each (769 kW AC)—but they are the first Duke Energy […]

  • NREL: Integrating 30% of Wind and PV into Eastern Interconnection Is “Technically Feasible”

    If wind and solar photovoltaic (PV) penetrations in the Eastern Interconnection were amped up to 30%, they would decrease coal, combined cycle, and combustion turbine capacity factors by 30% to 50%, a new study from the National Renewable Energy Laboratory (NREL) suggests. The study, NREL’s Eastern Renewable Generation Integration Study (ERGIS), was released on August […]

  • POWER Digest

    UK Abolishes Climate Change Department. As part of the major governmental shakeup triggered by Brexit—the UK’s momentous vote to leave the European Union—newly appointed UK Prime Minister Theresa May

  • Can Anything Save Merchant Nuclear?

    In an industry as slow-moving as power generation, where planning horizons are measured in decades and assets can remain in operation for the better part of a century, it’s rare that things happen fast enough to catch anyone by surprise. But that’s exactly what’s happened to the U.S. merchant nuclear business over the past four […]

  • The Nuclear Power Industry Is Increasingly Global—and Complicated

    The second World Nuclear Exhibition was held at a moment in time when the prospects for nuclear power are both tantalizing and frustrating. One thing is clear: The dynamics of the nuclear power industry have changed recently—and so have the solutions proposed for achieving greater certainty. One of the strongest arguments nuclear power has going […]

  • Coal Power Plant Post-Retirement Options

    Deciding to retire a coal-fired unit is often a tough call, but even tougher decisions follow. The next steps taken by a generation owner have multiple economic, environmental, and stakeholder consequences. Since 2000, U.S. generating companies (Gencos) have announced the closure of more than 200 coal-fired power plants, totaling 102 GW of generating capacity. Closures […]

  • Waste to Energy: An Opportunity Too Good to Waste, or a Waste of Time?

    Inexpensive natural gas, increased renewable energy utilization, and ever-tightening environmental regulations have limited the use of waste feedstocks for power generation. But while often dismissed out of hand, with proper planning and understanding of the market, power producers can realize benefits from waste-to-energy projects. It was a tropically hot day at the plant, and it […]

  • Exelon, America’s Leading Nuclear Generator, Keeps the Faith on Nukes

    The U.S. nuclear power business is in trouble, and Exelon has six units totaling more than 5,300 MW of dependable capacity on the chopping block. How will the Chicago electricity giant respond? Perhaps by acquiring more nuclear capacity? Chicago-based Exelon Corp., the largest nuclear power generator in the U.S., is facing what could be the […]

  • NRG Penalized for Faulty Wastewater Treatment at Maryland Coal Plants

    NRG Energy will pay $1 million in penalties, install environmental projects worth another $1 million, and complete costly upgrades under a consent decree it entered into with the state of Maryland to resolve wastewater discharge violations at two coal-fired power plants owned by its subsidiary GenOn. The settlement results from a June 2013 complaint Maryland […]

  • Huge Iowa Wind Farm Gets Go-Ahead

    MidAmerican Energy’s Wind XI project in Iowa, which will comprise up to 2 GW of total generation, has received approval from state regulators to proceed with construction, the company said. The $3.6 billion project will place 1,000 turbines at several sites still to be finalized. Plans were announced in April 2016, and the Iowa Utilities […]

  • Texas Coal Plant Wins Tax Appraisal Case, Property Value Cut 60%

    The Sandy Creek coal-fired power plant—a 900-MW facility in Riesel, Texas—won a major victory in court on August 19 when a McLennan County jury agreed that the plant was appraised at a much higher value than justified by market conditions. The appraisal district had suggested the plant be valued at $900 million in 2014 and […]