Business
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HR
Resources for Women in Power Generation
This resource list is a web-only supplement to the June 2015 issue of POWER feature story on women in the power generation sector and results of our April 2015 survey of women in the power industry. Although coal and gas provide a larger percentage of U.S. electricity than nuclear, wind, or solar energy, the fossil […]
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Legal & Regulatory
Executives Say Power Sector Faces Fundamental Changes
Four industry executives sometimes agreed, and sometimes disagreed, about the great unknowns concerning the Environmental Protection Agency’s Clean Power Plan during the Executive Roundtable at this year’s ELECTRIC POWER Conference & Exhibition. What problems will the Obama administration’s upcoming Clean Power Plan (CPP) deliver to the executives who manage the companies that make the power? […]
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Finance
Women Are Essential to a Thriving Power Generation Sector
With the increasing number of technical and economic changes affecting the power industry, the value of women in the workforce has never been higher. This follow-up to our 2008 special report, “Workforce Management Lessons from Women in Power Generation,” looks at how having women visible throughout the industry can make it more successful. For our […]
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Business
Duke Energy Generation: Wholesale Retreat
Duke Energy, the largest electric utility in the U.S. in terms of market value, is transitioning its generating fleet away from volatile and sometimes unprofitable wholesale markets and toward the traditional, regulated, cost-of-service model that prevails in much of the Carolinas and Florida service territories where Duke dominates. Late last March, the Federal Energy Regulatory […]
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Business
POWER Digest
Australia’s First ERF Carbon Abatement Auction Results Surpass Expectations. Australia held its first Emissions Reduction Fund (ERF) auction under the Abbott government’s Direct Action plan on April 15 and
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Coal
Kemper Project Loses Key Power Buyer Due to Delays, High Costs
South Mississippi Electric (SME), an electric cooperative that has been Mississippi Power Co.’s (MPC’s) long-time backer in the development of the Kemper energy facility, has pulled out of the project, citing delays in project schedule and increased participation costs as reasons for its withdrawal. The cooperative that generates and transmits electricity for 11 member cooperatives […]
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Coal
Public Power “Big Dog” TVA Takes Fresh Approach to Resource Planning
At Tennessee Valley Authority (TVA), repeated generation transitions have marked the giant public power utility’s long history, from hydro, to coal, to nuclear. The latest resource plan points to natural gas, along with renewables and energy efficiency, as the basis for the agency’s generating future. At the Tennessee Valley Authority (TVA), generation transitions are nothing […]
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Wind
Siemens Restructures to Bolster Troubled Power and Gas Division
Siemens AG has completed a company reorganization to respond to the “persistently difficult environment” in the global power generation market. The global technology company, which had around 357,000 employees in 2014, said it would cut 4,500 jobs worldwide as part of efforts to streamline administrative functions. Siemens announced 7,800 jobs cuts earlier this year. Along […]
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Business
POWER Digest
NRC Advances Design Certification of Westinghouse SMR, South Korea’s APR1400. The Nuclear Regulatory Commission (NRC) on Feb. 27 approved Westinghouse Electric Co.’s testing approach for its small modular reactor (SMR) design—a “significant” step that the Toshiba Corp. company said will reduce the time ultimately needed to obtain design certification. By granting a safety evaluation report […]
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Gas
GE’s New HA Turbines Nearing Delivery
General Electric’s (GE’s) new flagship HA turbines, which will be the largest and most efficient in their class when deployed, will see their first delivery at EDF’s Bouchain combined cycle plant in France this summer. The first U.S. order is from Exelon for four 7HA turbines intended for expansions at the Wolf Hollow and Colorado […]
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Nuclear
Plan to Store Spent Nuclear Fuel in New Mexico Takes Major Step
With plans for a “permanent” solution for storing waste from nuclear power generating plants permanently stalled, some are hoping that an “interim” site can be developed that would enable the removal of spent nuclear fuel from plant sites. Today, Holtec International and two New Mexico counties announced a memorandum of agreement to build such a […]
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Business
GDF Suez Changes Name to Engie
Multinational energy giant GDF Suez will henceforth be called “Engie,” a name that reflects the global transition to a decarbonized, renewables-rich, energy-efficient, and digital economy, the company said on April 24. “As the world changes, all energies change with it,” the largest independent power producer in the world said in a statement announcing the rebranding […]
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Legal & Regulatory
FERC Issues Final Gas-Electric Coordination Rule
The Federal Energy Regulatory Commission (FERC) has approved a final rule to improve coordination of wholesale natural gas and electricity market scheduling in light of the nation’s increased reliance on natural gas generation. FERC’s March 2014 Notice of Proposed Rulemaking for Order No. 809 proposed changes to nationwide gas scheduling practices, but it gave the […]
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Legal & Regulatory
NERC: EPA’s Clean Power Rule Could Transform Coal Power Use
Implementation of the Environmental Protection Agency’s (EPA’s) proposed Clean Power Plan (CPP) could change the use of the U.S. coal-fired generating fleet from baseload to seasonal peaking—and pose grave implications for plant economics and operating feasibility, the North American Electric Reliability Corp. (NERC) suggests in new special assessment. The new report is the second […]
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Renewables
Report: Utilities Are Making Significant Investments in Transmission Infrastructure
Investor-owned electric utilities in the U.S. spent $16.9 billion in 2013 to build transmission infrastructure, a report recently released by the Edison Electric Institute (EEI) shows. The ninth annual publication of the EEI’s Transmission Projects: At a Glance highlights a cross-section of more than 170 major transmission projects completed in 2014 or planned over the […]
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Renewables
DOE Highlights Challenges to Energy Infrastructure in Quadrennial Energy Review
The U.S. energy infrastructure needs not just substantial investment for the future but also considerable rethinking about its role and functions in order to be positioned to deal with a rapidly changing energy landscape and evolving threats from cyber attack and climate change. That was the message from William F. Hederman, Jr., Department of Energy […]
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Business
Four Ontario Electric Utilities Pursue Merger
Ontario’s four largest local electricity distribution companies are working to form a large new utility Enersource Corp., Horizon Utilities Corp., Hydro One Brampton Inc., and PowerStream Inc. have made a commitment to merge and create a new utility. The companies said in a joint statement on April 16 that the proposed merger would allow a […]
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Legal & Regulatory
CAISO and PacifiCorp to Explore Adding Firm as Transmission Owner
The California Independent System Operator (CAISO) and Portland, Ore.–based utility PacifiCorp announced on April 14 that they had signed a memorandum of understanding to explore the possibility of PacifiCorp joining the ISO as a participating transmission owner. The move would be a big one for both entities. PacifiCorp, a subsidiary of Berkshire Hathaway Energy (BHE), […]
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Gas
GE’s New HA Turbines Nearing Delivery
General Electric’s (GE’s) new flagship HA turbines, which will be the largest and most efficient in their class when deployed, will see their first delivery at EDF’s Bouchain combined cycle plant in France this summer. The first U.S. order, from Exelon for four 7HA turbines intended for expansions at the Wolf Hollow and Colorado Bend […]
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Legal & Regulatory
Short- and Long-Term Economic Impact of the Clean Power Plan on Texas Debated
While fuel switching may be the easiest option for hitting the 2020 and 2030 goals set by the Environmental Protection Agency’s (EPA’s) proposed Clean Power Plan, it may impede reaching longer-term climate targets said experts at an April 8 symposium hosted by the Central Texas Association for Energy Economics and the Energy Institute at the […]
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Wind
DONG Energy to Develop 1 GW of Offshore Wind Power in Massachusetts
Danish firm DONG Energy will take over RES Americas’ rights to develop more than 1 GW of new offshore wind capacity off the coast of Massachusetts. RES secured the rights to develop one of two leases that the Bureau of Ocean Energy Management (BOEM) awarded at its Jan. 29 offshore wind auction. Following approval from […]
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Legal & Regulatory
NRC To Begin Expedited Cybersecurity Rulemaking for Nuclear Fuel-Cycle Facilities
Staff at the Nuclear Regulatory Commission (NRC) should expeditiously complete and implement cybersecurity rulemaking for nuclear fuel-cycle facilities, the regulatory agency’s commissioners have ordered. In a March 24 agency memorandum to Mark Satorius, NRC executive director for operations, the commission disapproved the one option, which was the staff’s recommendation, to issue a security order to […]
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Coal
Ohio Nixes Duke Energy Proposal to Guarantee Income from Coal Plants
As it decided in a February case involving American Electric Power (AEP), the Public Utilities Commission of Ohio (PUCO) has denied Duke Energy Ohio’s request to charge ratepayers for power from two aging coal plants owned by the Ohio Valley Electric Corp. (OVEC). In an April 2 order, the state regulator approved the Duke Energy […]
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Business
POWER Digest
$1.9B Pan-African Renewable Energy Platform Launched. Renewables company Mainstream Renewable Power and private equity firm Actis on Feb. 17 launched a pan-African renewable energy platform dubbed Lekela Power, with ambitions to provide between 700 MW and 900 MW of wind and solar power across Africa by 2018. Mainstream will take responsibility for the full end-to-end […]
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Business
NextEra Energy: A Tale of Two, and Maybe Three, Companies
NextEra Energy consists of a traditional, vertically integrated electric utility with a heavy reliance on nuclear and natural gas—Florida Power & Light—and an aggressive foray into renewable energy outside of Florida—NextEra Energy Resources. Given its recent bid for Hawaii’s electric utility, which has a legacy of oil-fired generation and a state commission pushing renewables, NextEra […]
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Business
FERC Okays NextEra-HEI, Duke-Dynegy Deals
The Federal Energy Regulatory Commission (FERC) gave its approval to two deals that will see shifts in electricity markets in Hawaii and the Midwest. On Mar. 27, FERC approved Duke Energy’s proposed sale of its merchant generation business to Dynegy for $2.8 billion. The deal, announced last August, covers 11 power plants in the Midwest […]
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Nuclear
UPDATED: DOE and Senators Separately Outline Steps to Manage U.S. Nuclear Waste
Adds Moniz’s March 25 comments on the future of the nation’s nuclear waste beyond Yucca Mountain. As four bipartisan U.S. senators unveiled a bill that tasks a new independent agency with permanent disposal of the nation’s spent nuclear fuel, Department of Energy (DOE) Secretary Ernest Moniz on Tuesday outlined steps the agency would take to […]
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T&D
Nordlink Consortium Chooses ABB
The consortium behind the Nordlink high-voltage direct-current (HVDC) link between Germany and Norway on Mar. 19 awarded the construction contract for the project to Swiss firm ABB. The $2 billion, 525-kV transmission line will be, at 623 kilometers (km), the longest HVDC connection in Europe. It will transit the North Sea across the Skagerrak strait, […]
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Coal
TVA’s Draft Strategy Hints at Future Energy Efficiency Boosts, Coal Retirements
The Tennessee Valley Authority (TVA) may further reduce its coal-fired capacity and scrap its unfinished Bellefonte nuclear power plant, the utility’s long-awaited draft power generation strategy unveiled on March 9 shows. The federally owned corporation has been developing its 2015 Integrated Resource Plan (IRP), essentially a power planning roadmap to 2033, since fall 2013. The […]