Business

The U.S. Department of Energy (DOE) has announced five awards to a total of five companies that are designed to help advance key nuclear energy research and development projects supporting advanced reactor technologies. The awards were framed as being part of the administration’s Climate Action Plan and are part of a DOE program launched in […]

William D. Magwood, IV, formerly head of the U.S. Department of Energy’s Office of Nuclear Energy and commissioner at the U.S. Nuclear Regulatory Commission and current director-general of the Organisation for Economic Co-operation and Development (OECD) Nuclear Energy Agency (NEA), spoke with POWER Editor Gail Reitenbach on October 16 at the World Nuclear Exhibition outside […]

Cost estimates for the Kemper County Integrated Coal Gasification Combined Cycle project (IGCC) have surged another $330 million since August, mostly owing to delays that have shifted the plant’s in-service date to the first half of 2016.  Plant owner Mississippi Power’s latest monthly report submitted to the Mississippi Public Service Commission shows that the project’s total […]

The AREVA-Siemens consortium that is building the Olkiluoto 3 nuclear reactor in Finland, and the plant’s owner, Finnish utility Teollisuuden Voima Oyj (TVO), have again increased claims and counterclaims for billions of dollars in costs and losses, which they say are caused by delays afflicting the world’s first EPR project. At the end of 2003, TVO […]

The Northwest Power and Conservation Council (NPCC) reports that energy efficiency is the second-largest power resource in the Pacific Northwest region, ranking only behind hydroelectricity. The NPCC—authorized through the Northwest Power Act to develop and maintain a regional power plan, and fish and wildlife program, to balance the Northwest’s environment and energy needs—bases the claim […]

American Electric Power’s (AEP’s) Ohio unit has asked the state’s Public Utilities Commission for permission to essentially charge customers for costs to operate nine unregulated coal-fired units, a move the company says will address market volatility and ensure the economic viability of Ohio’s generation.  AEP Ohio on Oct. 3 proposed an “expanded” power purchase agreement […]

The first full-scale commercial post-combustion carbon capture and sequestration (CCS) project at an operating coal-fired power plant is now online in Estevan, Saskatchewan, roughly 10 miles north of the U.S. border. The heart of the $1.4 billion project at Boundary Dam Power Station is the rebuilt 110-MW Unit 3, originally commissioned in 1970. The project, […]

The Department of Energy (DOE) on Tuesday issued a draft solicitation that would provide up to $12.6 billion in loan guarantees for new nuclear projects. The agency identified four technology areas of interest in the draft solicitation: advanced nuclear reactors, small modular reactors, upgrades and uprates at existing facilities, and front-end nuclear projects. The draft solicitation […]

Despite record low temperatures and widespread generation outages during the polar vortex, bulk power system reliability was maintained, says the North American Electric Reliability Corp. (NERC) in a newly released analysis of the extreme cold weather event that engulfed most of the nation this January.  The Jan. 6–7, 2014, weather condition that resulted in temperatures […]

The U.S. power sector has seen a number of developments on the regulatory front in recent months. Here’s where major federal rules stand today. (For a more dynamic and graphic version of this article, see http://powermag.com/long-form-stories/bw-power/ .) GHG Rules New Power Plants. The Environmental Protection Agency (EPA) in September 2013 revised a 2012 proposal to […]

A recent encounter with a newspaper from 1901 got me thinking about the price of electricity over time and how it compares with price changes for other goods and services. Price Changes Over a Century The

Kelly Speakes-Backman Every day there is increasing evidence that we need to accelerate our nation’s transition to a cleaner energy infrastructure. The American Climate Prospectus released by the Risky

Eskom, South Africa’s largest utility, was established in 1923 as the Electricity Supply Commission and was converted into a public company, wholly owned by the government, in July 2002. Eskom produces about

The upcoming implementation of the Environmental Protection Agency’s (EPA’s) Mercury and Air Toxics Standards (MATS) is putting pressure on coal-fired power plants to develop and implement compliance

Can hydropower get some love? Even fans of renewable energy can be forgiven for having forgotten about a resource that—up to now—has produced more electricity than wind, solar, biomass, and all other

A 7,100-MW±600-kV high-voltage direct-current (HVDC) line that runs 2,375 kilometers (km) from new hydropower plants on the Madeira River in the Amazon Basin to major load centers in southeastern Brazil

Resource-rich Poland’s push to prioritize coal as its main energy source and to cultivate a nuclear power program to boost energy security at the expense of climate objectives has provoked its portrayal

In the latest move shaking up the gas turbine business, Siemens agreed to acquire oil and gas services company Dresser-Rand for $7.6 billion in cash. Dresser-Rand manufactures turbines and compressors for the oil and gas sector, and is a major supplier for upstream natural gas firms and pipeline companies. The deal comes after Siemens acquired […]

Power companies will retire more coal-fired generating capacity and retrofit much fewer units with environmental controls than estimated just two years ago, the Government Accountability Office (GAO) reveals in a new report. The report released on Tuesday finds that in response to shifting market conditions and four Environmental Protection Agency (EPA) rules (not including the […]

Regulators from six states shared starkly different views on the Environmental Protection Agency’s (EPA’s) proposed carbon rules for existing power plants at a House hearing on Tuesday. Some state-level officials said the EPA’s overall emission targets and suggested means to achieve them are based on unworkable and unrealistic assumptions about how state and regional power […]

The Montana Public Service Commission (MPSC) on Sept. 4 approved Northwestern Energy Corp.’s request to purchase 11 hydroelectric power plants in the state from PPL Montana for $880 million. The plants, which comprise PPL Montana’s entire hydroelectric profile, total 630 MW of generation. Nine are run-of-river plants; the other two, the Mystic Lake Dam in […]

They call themselves “Fractivists.” Environmental and community activists fearful of relatively new natural gas and oil drilling technologies that have transformed the U.S. energy economy have launched a high-profile, highly hyped campaign to shut down new natural gas production. But their prospects of success look dodgy. Ground Zero in the debate over fracking—shorthand for the […]

Cybersecurity threats facing the power industry have escalated dramatically in the past few years, as state-sponsored, organized crime, and hacktivist groups all seek to infiltrate U.S. energy infrastructure for cyber-espionage and sabotage purposes. A recent example of the severity of this threat can be seen in operation “Energetic Bear”—a Russian campaign to infect U.S. and […]

The Aug. 4–6 U.S.-Africa Leaders Summit shed light on the power plights faced by sub-Saharan African countries, but it also highlighted their massive power potential and the array of solutions under consideration to resolve Africa’s energy crisis. Here are a number of key insights gleaned from discussions at the summit—the first a U.S. president has […]

EU Doles Out €1 Billion in Funding for Renewable Projects Under NER 300. The European Commission on July 10 awarded €1 billion ($1.34 billion) to 19 renewable energy projects and a carbon capture and storage (CCS) project under its NER 300 program. The projects will cumulatively raise European Union (EU) renewable energy production by about […]

Calpine Corp. has its hands in two deals with large power companies—selling a plant to Duke Energy in Florida while buying a plant from Exelon Corp. in Massachusetts. On Aug. 25, Calpine announced that it has agreed to buy Exelon’s 809-MW Fore River Generating Station, which is located about 12 miles southeast of Boston, for […]

Geographically and politically, Texas and Germany are on opposite sides of the world, but both believe strongly in competitive energy markets, and both have largely deregulated their power industries. Now both are reconsidering their market designs. Its easy to think that Germany and Texas could not be more different. One is northern, cold, and Old […]

Dynegy Inc.—the Houston-based power company with operations in the Midwestern, Northeastern, and Western U.S.—has signed two separate agreements to acquire generation assets from Duke Energy and Energy Capital Partners (ECP). The acquisition includes a total of 12,313 MW of coal and gas generation, which will increase the company’s total portfolio to nearly 26 GW. Dynegy […]

Europe’s third-largest power provider last week revealed it may be forced to shut down more conventional power plants compromising a total of 1 GW and terminate 470 MW in supply contracts if market conditions in Germany do not improve.  RWE has blamed “political intervention” for “making [its] business challenging”—and specifically, the subsidized expansion of renewables […]

The nation’s coal fleet is under threat, alleged Dr. Larry S. Monroe, chief environmental officer and senior vice president for research and environmental affairs with Southern Co. during the keynote plenary session at the Power Plant Pollutant Control “MEGA” Symposium on Aug. 19 in Baltimore, Md. Monroe was part of a four-member panel, which included […]