Business

A regional haze program final rule for Texas expected soon from the Environmental Protection Agency (EPA) could speed up the retirement of about 4.7 GW of coal-fired capacity, warns the Electric Reliability Council of Texas (ERCOT) in a new generation outlook. The grid operator’s Dec. 1–released “Report on the Capacity, Demand and Reserves (CDR) in […]

The world has a problem. According to the World Bank, 1.1 billion people lack access to any form of modern energy service, and more than double that number lack access to adequate, reliable, affordable, and

The first effluent limitation guidelines update since 1982 is game-changing for many U.S. power plants.

Germany’s nuclear power–producing companies will be able to shoulder the costs of the nuclear phase-out—including costs for decommissioning and the disposal of radioactive waste. That’s according to

GE Completes Alstom Acquisition. GE announced on Nov. 2 that a $10.6 billion deal to acquire Alstom ’s power and grid business is complete. Alstom will now entirely refocus its activities on rail transport

The UK has canceled its flagship £1 billion ($1.5 billion) competition to help commercialize carbon capture and storage (CCS) technology from power plants. The decision by the Department of Energy and Climate Change (DECC) was announced in a three-sentence release to the London Stock Exchange just days before crucial climate change negotiations are due to […]

Another month, another premature nuclear plant retirement. About two weeks ago, Entergy finally threw in the towel on the James A. FitzPatrick Nuclear Power Plant in Scriba, N.Y., a move that came as a surprise to exactly no one who has been paying attention to the merchant nuclear business in the U.S. the past few […]

The cabinet of Angela Merkel’s ruling coalition has endorsed changes to the German electricity market, ensuring their passage into law. “This is the largest reform of the electricity market since the energy markets were liberalised in the 1990s, and it will make the electricity market fit for the 21st century,” said Energy Minister Sigmar Gabriel. […]

The final session of the annual meeting of the National Association of Regulatory Utility Commissioners (NARUC) in Austin ended on Nov. 11 on a “high note,” as outgoing president and Florida Commissioner Lisa Edgar had promised, with a panel titled “The Straight Dope on Energy & the Marijuana Industry.” The subtitle, “(Don’t laugh, it could […]

The world must have carbon capture and storage (CCS) technology to address climate concerns, but commercializing CCS will require a level playing field, an industry advisory council appointed by the Department of Energy (DOE) underscores in a new white paper. The report released by the National Coal Council (NCC) on Nov. 10 responds to a […]

Falling power and gas prices will impact the operating cash flows of unregulated U.S. utilities in 2016, but regulated utilities will see a more stable outlook owing to a supportive regulatory environment, Moody’s Investors Service said in a new analysis of fundamental business conditions released on Nov. 6. Moody’s changed its 2016 industry outlook for […]

Italian energy giant Ansaldo Energia says its acquisition of Alstom’s GT 26 and GT36 gas turbine assets and technology, as required by European regulators, will allow the company to increase its turnover twofold in the coming five years. The firm owned 44.8% by Italian state-owned holding company Fondo Strategico Italiano and 40% by Chinese equipment […]

Entergy Corp. said on Nov. 2 that it would retire the James A. FitzPatrick Nuclear Power Plant in Scriba, N.Y., at the end of its current fuel cycle due to the facility’s “continued deteriorating economics.” The plant—located in Oswego County on the southeast shore of Lake Ontario—is an 838-MW boiling water reactor commissioned in July […]

Following regulatory approval of a $10.6 billion transaction in over 20 countries and regions, GE’s acquisition of Alstom’s energy activities is now complete. GE and Alstom sealed the deal first proposed in early 2014 with the signing of a 1,500-page “master agreement.” GE had initially proposed buying Alstom’s lucrative business for €12.35 billion, but following […]

Dutch Court Clears Eemshaven Coal Plant for Operation. A Dutch court on Sept. 9 rejected claims that an environmental license issued for RWE’s 1.6-GW Eemshaven coal-fired power plant was issued improperly, clearing the way for the $3.36 billion plant to begin operations at full capacity. Environmental groups have opposed the plant’s location near nature reserves. […]

Once again, a first-of-a-kind technology at a coal-fired power plant that is designed to reduce its greenhouse gas footprint has run into design, operational, and cost problems. This time, it’s Saskatchewan, Canada utility SaskPower’s Boundary Dam Carbon Capture project that’s facing scrutiny. (Earlier this week, an overdue precombustion carbon capture project, Mississippi Power’s Kemper County […]

Mississippi Power has revealed a new cost increase of $110 million for its Kemper County integrated gasification combined cycle (IGCC) facility. But, the company said that it has tested one of two gasification units—reaching what it says is the project's "most significant milestone yet"—and that it does not expect any new delays. Testing the gasifiers […]

There has been a major shake up in the contractors involved in both of the new AP1000 nuclear power plant projects under construction in the U.S. Westinghouse Electric Co. LLC, a group company of Toshiba Corp., announced on Oct. 27 that it signed a definitive agreement to acquire CB&I Stone & Webster Inc., the nuclear […]

It took only minutes for opponents to the Obama administration’s Clean Power Plan to reduce carbon dioxide emissions from coal-fired power plants to head for the courts. The Environmental Protection Agency (EPA) plan became official, published in the Federal Register on Friday morning. The race to the courthouse was on. The first electric utility in […]

Will rooftop solar photovoltaics be the most economical way to deploy today’s hottest new generating technology, or will central utility solar PV systems be the best economic bet? Is there a third way? The answer appears to be “yes.” Solar photovoltaic (PV) power has emerged as the hottest new trend in renewable energy generation, primarily […]

Integrating California Independent System Operator’s (CAISO’s) and PacifiCorp’s networks—the two largest high-voltage transmission grids in the West—could yield billions of dollars in shared cost reductions within the first 20 years alone through efficiencies, a new study says.  The report commissioned by PacifiCorp stems from a memorandum of understanding signed by the independent system operator (ISO) […]

Within the space of less than a week, four deals have been announced that will result in ownership changes at five power plants in the U.S. Northeast. Calpine Buys Another Gas Plant Calpine Corp. announced on Oct. 13 that it has agreed to acquire the Granite Ridge Energy Center, a 745-MW combined cycle gas-fired power […]

Entergy Corp. will permanently close its 680-MW Pilgrim nuclear power plant in Plymouth, Mass., by June 2019, owing to poor market conditions, reduced revenues, and increased operational costs, the company said today.  The New Orleans–based company said it has notified grid operator ISO-New England (ISO-NE) that the reactor that began operations in 1972 would not […]

Alberta-based Carbon Engineering is inaugurating a pilot project today in Squamish, British Columbia, that will capture carbon dioxide (CO2) directly from the atmosphere. The company, funded by private investors, including Microsoft founder Bill Gates and oil sands financier Murray Edwards, has developed technology based on research conducted by Harvard University–based Professor David Keith’s research groups […]

India and 73 other countries submitted their carbon emission reduction targets for 2025 and 2030—or Intended Nationally Determined Contributions (INDCs)—ahead of the deadline last week, with just two months remaining until talks to confront climate change are due to begin in Paris.  The United Nations (UN) has so far received 120 separate pledges covering 147 […]

Kuwait’s government in August approved the construction of several power plants and desalination facilities to boost its capacity by 3,580 MW. Like its oil- and gas-rich neighbors in the Gulf Cooperation Council region, Kuwait is seeing a power shortage owing to its growing population and economy. With only five power plants, the country has experienced […]

In the UK this August, two massive offshore wind developments were thrown into tumult. A consortium that secured the UK government’s approval in early August to build an array of offshore wind farms in the Dogger Bank development off the east coast of Yorkshire said it would proceed with only four projects instead of the […]

Russia and Vietnam Ink Deal for First Ninh Thuan Nuclear Unit. Russia’s nuclear group Rosatom and Vietnam’s state-owned power company Electricity of Vietnam (EVN) on July 30 signed a general framework

Despite media headlines and coal industry hand-wringing, reports of coal’s death have been greatly exaggerated, to adapt Mark Twain’s famous (but misquoted) comment. What’s more, some of the coal sector’s current suffering is the consequence of self-inflicted wounds. Throughout the dog days of summer, the financial pages in dozens of U.S. newspapers have run headlines […]

Georgia Power plans to close all 29 of its coal ash ponds to comply with the Environmental Protection Agency’s (EPA’s) December 2014–finalized rule and forthcoming guidelines governing effluent limitations. The Southern Co. subsidiary will consult with state regulators, the Georgia Environmental Protection Division and the Georgia Public Service Commission, to develop and finalize the plan within […]