Business
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Partner Content
What to Look for in an Industrial Cleaning Supplier
Your company is growing: The number of products you manufacture and the pace at which they are produced require a new post-production strategy. Your capacity to properly execute technology-based industrial cleaning projects must adapt to the changing needs of your company and keep up with your fast-moving operation. A reliable, respected industrial cleaning supplier can
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Nuclear
Fort Calhoun May Close by Year End, Joining List of Premature Nuclear Power Plant Retirements
Fort Calhoun Station (FCS) appears to be the next in a string of nuclear plants that have ceased operations or plan to retire as a result of difficult economics. Tim Burke, president and CEO of Omaha Public Power District (OPPD)—the plant’s owner—presented senior management’s recommendation to close FCS by December 31, 2016, to the board […]
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Coal
Fuel Cells Could Be a “Game-Changer” for Carbon Capture
Fuel cells powered by natural gas, biogas, and hydrogen are a rapidly expanding option for distributed generation, with fuel cell–based power plants being deployed in capacities into tens of megawatts. But as the technology improves and costs begin to scale, opportunities for other applications are being explored. One such application may even go beyond power […]
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Renewables
EIA International Outlook to 2040 Foresees Decoupling of Power Demand and Economic Growth
The world’s frenzied economic growth through 2040 won’t be matched by electricity demand growth, the Energy Information Administration (EIA) says in the International Energy Outlook 2016 (IEO2016 ) released on May 11. World net electricity generation will jump 69% by 2040, the IEO2016 reference case projects, but that is still well below “what it would […]
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Gas
GE Power Picks Up Doosan’s HRSG Business Unit
GE’s shopping spree in the power sector continued on May 10 as GE Power signed an agreement with Doosan Engineering & Construction to acquire the Korean firm’s heat recovery steam generator (HRSG) business for $250 million. According to GE, the acquisition will allow it to expand its offerings for combined cycle power plant solutions. The […]
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Coal
Southern Co. Kemper IGCC Delays, Cost Surges Are Under SEC Scrutiny
The U.S. Securities and Exchange Commission (SEC) is conducting a formal investigation concerning costs and delays plaguing Mississippi Power’s Kemper integrated gasification combined cycle (IGCC) plant. Southern Co., Mississippi Power’s parent company, revealed the investigation in a recent 10-Q financial filing. The company said that while it is fully cooperating with the SEC, it believes the […]
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Nuclear
Nuclear Milestones Confront Exelon, FPL, and TVA
Five nuclear projects—two old, one new, two planned—faced milestones this week as their owners confronted the realities of the U.S. nuclear market. Exelon Seeks Nuclear Support In Illinois, Exelon again warned that the long-challenged Clinton and Quad Cities plants would shut down unless the Illinois legislature passed a bill that would provide economic support for the […]
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Nuclear
For Sale: Partially Constructed Bellefonte Nuclear Power Plant
The Tennessee Valley Authority (TVA) board of directors voted on May 5 to surplus the Bellefonte Nuclear Plant property in northern Alabama so it can be offered for sale and potentially put to better use. The decision comes after months of consideration. On February 16, the TVA notified employees, customers, economic development interests, other stakeholders, […]
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Renewables
Renewable Energy Development Breaks Records and Leaps Ahead of Fossil Fuels Worldwide
Hands down, 2015 was a record year for global investment in renewable energy. Excluding large hydroelectric projects, the amount of money committed to renewables rose 5%, to $285.9 billion, exceeding the previous record of $278.5 billion reached in 2011.
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Coal
Dynegy to Shut Down 30% of Southern Illinois’s Power Generation Capacity
Dynegy Inc. announced on May 3 that it plans to shut down multiple Illinois coal-fueled units due mainly to the failure of the plants to recover basic operating costs in recent Midcontinent Independent System Operator (MISO) capacity auctions. According to the company, the generation that will be lost is 2,800 MW—about 30% of the total […]
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Legal & Regulatory
German Companies Hope to Take Energiewende to Iran
Taking full advantage of the international political thaw with Iran, Germany has begun working closely with the fossil fuel–rich nation to develop renewable energy strategies based on the successes and failures its policymakers have learned from its own Energiewende (energy transition). To jumpstart this, Germany’s government recently released a commissioned report titled “Enabling PV Iran,” […]
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Coal
South Africa Makes Strides in Securing Power System
South Africa’s power system is preparing to receive a critical capacity boost. In March, state-owned utility Eskom grid-synchronized the first of four units of the Ingula Pumped Storage project in
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International
POWER Digest
WTO Rules Against India in Solar Power Dispute. A mandate that certain types of solar cells and modules used for India’s ambitious state-backed solar initiative must be domestically manufactured violate
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Commentary
Doublespeak Is No Cure for Utility Ills
After a very busy March, I just wanted to run a collage of puppy photos in this editorial. After all, baby animals are proven to generate engagement on social media, so why not in print? Then I saw a Twitter
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Renewables
Spain’s Power System Slashes Debt in 2015
Spain’s power sector, which has been shaken financially in recent years owing to plunging power demand, posted its first electricity tariff surplus in 14 years at the end of 2015. The National Markets and
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Smart Grid
U.S. Microgrid Market Development
Microgrids have been around for decades, but today, more potential customers, owners, technologies, and vendors than ever are part of the market. Increased interest in this special grid resource means there’s more competition, which is generally a good thing, but there are also new challenges. “You have to have some serious staying power” to be […]
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Coal
Dominion Resources Broadens Its Reach
Dominion Resources, a large electric and gas utility holding company serving mostly Virginia and North Carolina, has big ambitions to spread its wings nationally and internationally in gas, while carefully hedging its electricity business. The company’s strategy is eclectic. “Eclectic.” Miriam-Webster’s Collegiate Dictionary, 11th Edition, defines the word as “1: selecting what appears to be […]
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Gas
GE Continues Its Buying Spree
GE is doubling down on industrial markets, as its efforts to acquire the drilling unit of Halliburton and its two acquisitions in the power space this month demonstrate.
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Renewables
Five Takeaways From the ELECTRIC POWER Executive Roundtable
Executives from power companies operating in different markets revealed how their firms are being affected by low natural gas prices, pressures to achieve fuel diversity, distributed energy generation, and lax demand growth, among a number of topics. The annual executive roundtable panel at the ELECTRIC POWER Conference and Exhibition on April 19 was moderated by […]
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Renewables
Environmental Experts Underscore Clean Power Plan Uncertainty
Even if the Clean Power Plan (CPP) doesn’t overcome legal challenges, it is likely that many states will implement carbon-curbing measures set down by the rule, some panelists said at the Environmental Mega Session at the ELECTRIC POWER 2016 conference in New Orleans on April 19. The Rule’s Shaky Legal Standing The rule is […]
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Finance
Mergers and Acquisitions in the Power Sector Soar in 1Q 2016
The volume and value of mergers and acquisitions (M&A) in the first quarter of this year have soared, according to the accounting and financial consulting firm PwC. According to PwC’s quarterly snapshot, American Power & Utilities Deals: Q1 2016, “The first quarter was the most active for power and utilities in recent history, with 22 […]
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O&M
Resilience and Change in a Digital Future
Two senior power sector executives opened the 2016 ELECTRIC POWER Conference and Exhibition in New Orleans April 19 with a message that generators need to “think big” and embrace possibilities of disruptive technologies—or risk being run over on the road to the future. Leo Denault, chairman and CEO of Entergy Corp., delivered the opening keynote […]
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Commentary
Is EOR a Dead End for Carbon Capture and Storage?
In April’s editorial, “When Technology Tails Wag Power Dogs,” Editor Gail Reitenbach mused about whether the use of captured carbon dioxide (CO2) for enhanced oil recovery (EOR) represents a viable way forward for carbon capture, use, and sequestration (CCUS). This is a subject both of us have covered in various ways over the past few […]
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International
Puerto Rico Utility Moves to Restructure $9B in Debt
A plan to restructure $9 billion in Puerto Rico Electric Power Authority (PREPA) debt—an eighth of the Commonwealth of Puerto Rico’s staggering $72 billion in debt—surfaced at the U.S. territory’s energy regulator, the Puerto Rico Energy Commission last week on April 7.
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Legal & Regulatory
Aliso Canyon Gas Leak May Imperil Summer Reliability, CAISO Says
In a joint report issued April 5, a group of California agencies and utilities said that if the Aliso Canyon natural gas storage facility north of Los Angeles cannot be returned to service after a major leak this past winter, repeated gas curtailments could occur this summer, leading to significant loss of generating capacity in Southern […]
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Coal
Kemper County IGCC Costs Rise and Delays Loom—Again
In what has become a regular occurrence with the Kemper County integrated gasification combined cycle power plant, Mississippi Power announced in a filing with the Securities and Exchange Commission on April 1 that costs have risen from the most recent projections and further delays in its in-service date are possible. Though the $18 million in […]
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Legal & Regulatory
Ohio PUC Approves FirstEnergy and AEP Subsidy Plans
Setting the stage for a drawn-out fight with ratepayer groups and other generators, the Public Utilities Commission of Ohio (PUCO) on March 31 approved proposals from FirstEnergy and American Electric Power (AEP) that will provide guaranteed income to FirstEnergy’s Davis-Besse nuclear plant (Figure 1) and several aging coal-fired plants belonging to it and AEP. 1. […]
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Commentary
When Technology Tails Wag Power Dogs
When you hear “drone,” do you think, toy, military craft, dangerous device, or useful tool? Depending on the type of unmanned aircraft system (aka, drone) we’re talking about, any of those descriptors
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Legal & Regulatory
Communication Was Essential to Alliant Energy’s Successful Handling of Emissions Monitoring
The U.S. Environmental Protection Agency (EPA) is obligated to review many different federal environmental standards on a recurring basis and update them if the agency deems it necessary for the protection of
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Nuclear
The Global Nuclear Power Industry Faces Localized Outlooks
Shamelessly adapting the great British novelist Charles Dickens, for the global nuclear industry, it is the best of times, it is the worst of times; it is the age of wisdom, it is the age of foolishness; it is