Business

  • Japan OKs Restart of First Two Nuclear Units, New Delay at Rokkasho Reprocessing Plant

    Kyushu Electric Power Co.’s twin Sendai nuclear units in Japan’s Kagoshima Prefecture on Nov. 7 got the government’s green light to restart. Once back online, likely in 2015, the units will be the first to restart of Japan’s 48 reactors that were shuttered for safety checks following the March 2011 Fukushima accident. Kagoshima Prefecture Governor Yuichiro […]

  • Nuclear Plants on the Edge Could Benefit from Clean Power Plan

    A couple of recently released reports offer some hope for the future of nuclear power plants operating on the fringe of profitability. Moody’s Investors Service suggests that the U.S. Environmental Protection Agency’s (EPA’s) Clean Power Plan “could increase the value of nuclear power as a non-carbon emitting generation source.” In its report, “Environmental Mandates and […]

  • B&W to Spin Off Power Generation from Nuclear Business

    On Nov. 5, The Babcock & Wilcox Co. (B&W) announced that its board of directors has unanimously approved a plan for the tax-free spin-off of the company’s power generation business to B&W’s shareholders, in the process forming two independently traded companies. In its third-quarter earnings call the following day, company executives emphasized that the two […]

  • ERCOT Concerned, Faces Power Shortages in Lower Rio Grande Valley

    The Electric Reliability Council of Texas (ERCOT) completed an evaluation of a plan to export power to Mexico from the Frontera Generation Station, located in Mission, Texas. Although the results indicated that the power system could operate effectively during normal conditions without Frontera’s capacity, ERCOT says it has concerns with power supply sufficiency and transmission […]

  • Ontario’s Long Term Energy Plan in Action

    The decision to eliminate coal-fired power plants and the implementation of an aggressive feed-in tariff program puts Ontario’s electricity system in the spotlight. Download a pdf of this sponsored report, written by Global Business Reports: GBR_ONTARIO_PWR_1114_sm

  • China’s War on Air Pollution

    China has been battling—and losing—a “war” on air pollution for years. Stepping up its efforts, the country recently issued new policy measures, tougher even than those in the U.S. and European Union, that could have big implications for its coal power sector.  Reports that heavy smog has blanketed large swathes of China’s provinces have become […]

  • DOE Announces Awards for Advanced Nuclear Power Reactors

    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 on Nuclear Power’s Present and Future

    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 […]

  • Kemper County IGCC Project Costs Soar to $6.1B

    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 […]

  • Finland EPR Dispute Gets Costlier

    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 […]

  • Energy Efficiency Is Second-Largest Power Resource in Pacific Northwest

    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 […]

  • AEP Seeks Guarantees to Ensure Economic Viability of Ohio Fleet

    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 […]

  • World’s First Post-Combustion CCS Coal Unit Online in Canada

    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, […]

  • DOE Prepares to Offer $12.6B in New Nuclear Loan Guarantees

    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 […]

  • NERC’s Polar Vortex Review Bares Natural Gas Dependency, Equipment Vulnerabilities

    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 […]

  • A U.S. Power Industry Regulatory Update

    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 […]

  • Non-Carbon Reagent Injection for MATS Compliance

    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

  • A New Day for North American Hydropower?

    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 New Record for the Longest Transmission Link

    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

  • Poland Mulls Energy Future

    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

  • A Look Back at Electricity Rates

    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

  • Collaborating to Build a Cleaner Energy Infrastructure

    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

  • Camden Power Station, Mpumalanga Province, South Africa

    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

  • Siemens Buying Dresser-Rand for $7.6 Billion

    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 […]

  • Congressional Watchdog Foresees Greater Coal Retirements, Fewer Retrofits Through 2025

    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 […]

  • Six States Sound Off on EPA’s Clean Power Rule

    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 […]

  • Eleven Hydroelectric Plants in Northwest to Change Hands

    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 […]

  • Fracking Fissures: Will Politics Impede Production?

    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 […]

  • How to Use “Honeypots” to Overcome Cybersecurity Shortcomings

    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 […]

  • 10 Energy Takeaways from the U.S.-Africa Summit

    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 […]