Business

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 […]

American Electric Power (AEP) has agreed to close a coal plant and make changes at two others to resolve alleged Clean Water Act (CWA) violations. According to consent decrees filed in two West Virginia federal district courts, the company on Friday agreed to settle allegations from numerous citizen groups that the coal-fired John E. Amos, Kammer, […]

The federally owned Tennessee Valley Authority (TVA) announced this week that it was eliminating more than 2,000 jobs as part of its ongoing effort to stem a tide of red ink. The cuts are not as draconian as they might appear, since more than half of the jobs represent vacancies that will now not be […]

A significant reform of Germany’s aggressive renewable energy laws passed its final hurdle on July 11, setting the country on a more market-based path toward future growth. The bill was developed and approved by Chancellor Angela Merkel’s coalition government of Social Democrats and Christian Democrats. Because they are the two largest parties, the legislation was […]

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The 2014 POWER Plant of the Year makes history, both as a project and as our cover story. The Plant of the Year award goes to the most interesting, usually new, plant in the previous year. Sometimes it’s a

Zeng Ming, Duan Jinhui, Wang Liang, Gu Shanshan In 2013, urbanization in China reached 53.73%. Urbanization has become an important field for national reform. On the one hand, urbanization is effective for

California has set an ambitious target of connecting 1.3 GW of energy storage to the grid by 2020. In October 2013, the California Public Utilities Commission (CPUC) mandated that 200 MW of this goal come in

Consensus is that the locus of world energy demand has shifted away from the U.S. and Europe to Asia, driven by the soaring economies of the 10 countries that make up the Association of Southeast Asian Nations

S. Korea Extends Renewables Target Deadline. South Korea’s government on June 9 said it would push back the target for mandatory use of renewable energy by two years to ease requirements for the

Argentina’s 692-MW Atucha 2 nuclear reactor achieved criticality in early June, marking a major milestone for the country’s third reactor, development of which began nearly four decades ago. A pressurized

Indonesia, the world’s leading exporter of thermal coal, in June again suggested it could limit coal production and further tighten its control on exports to protect supply for domestic power plants

Interest in the Environmental Protection Agency’s (EPA’s) carbon pollution standards for existing power plants—the “Clean Power Plan,” proposed under the authority of the Clean Air Act Section 111(d)—was so high that the agency had to add double the days and double the rooms at all four locations this week. At all locations, power industry speakers […]

Duke Energy Progress announced on July 28 that it was buying out the interests owned by North Carolina Eastern Municipal Power Agency (NCEMPA) in two nuclear plants and two coal plants in North Carolina for $1.2 billion. The sale between Duke Energy Progress, Duke Energy’s Carolina subsidiary, and NCEMPA represents all of NCEMPA’s generation assets. […]

The Environmental Protection Agency’s (EPA’s) June 2–proposed carbon rule for existing power plants favors nuclear, renewable, and natural gas combined cycle sources, but it also grants coal-heavy states wide flexibility to meet carbon goals with continued coal use, EPA Administrator Gina McCarthy told lawmakers at a Senate oversight hearing on Wednesday.  Six Democrats and six […]

Rep. Fred Upton (R-Mich.), chairman of the House Energy and Commerce Committee, on Tuesday unveiled five pillars on which U.S. energy policy should be built and discussed how the nation should tackle climate risks and grid threats.  The lawmaker told attendees at the Energy Information Administration (EIA) 2014 Energy Conference that the nation’s new era […]

Uncertainties about leadership at the Federal Energy Regulatory Commission (FERC) were resolved on Tuesday, as the U.S. Senate voted separately to confirm Norman Bay as chair and Cheryl LaFleur to a second term at the regulatory body.  The Senate approved Bay’s nomination by a 52–45 vote, despite claims by Republicans and some Democrats who say […]

Over the past week, the Department of Energy (DOE) made available $4 billion in additional loan guarantees for U.S. renewable energy and energy efficiency projects as it slashed application fees by more than a third for its $8 billion Advanced Fossil Energy Projects Loan Guarantee Solicitation.  The agency on July 3 issued a loan solicitation to […]

The battle over Sunflower Electric Cooperative’s plans to build an 895-MW coal-fired power plant in Holcomb, Kan., returned to court on Friday. The Sierra Club, represented by Earthjustice, filed a lawsuit challenging a new air pollution permit recently issued by the Kansas Department of Health and Environment (KDHE) to Sunflower to build its proposed Holcomb […]

British Columbia (BC) has long enjoyed some of the lowest electricity costs in North America, but when in August 2013, a draft of the BC Rates Plan which proposed a 26% rate increase by 2016, was leaked, this was met with such a backlash of protest that the government was forced to reconsider the proposal. […]

The decommissioning of nuclear plants has developed into a mature industry in the U.S. It started in the 1960s with the dismantling of low-power prototype and test reactors originally built to demonstrate

RWE AG is Europe’s third-largest electricity and fifth-largest gas marketer, with holdings in upstream oil and gas production, power grids, and energy trading. Its German power subsidiary has been the utility poster child for the effects of the Energiewende, the transformation of the Germany power system away from nuclear and coal toward renewable energy and […]

At the Edison Electric Institute (EEI) annual meeting this week in Las Vegas, the tone was one of collaboration with partners from Washington to distributed generation companies. Those partnerships will be needed as the investor-owned utility (IOU) industry fights not so much a war on coal as a war for mindshare and wallet share in […]

Economic and population booms forecast for several countries in the oil- and gas-rich Middle East are forcing a reassessment of those countries’ historic reliance on fossil fuels and a new focus on securing sustainable electricity and water supplies.  The Middle East is a region of extremes. While some countries enjoy opulent wealth, others are some […]

Temporary power may be the most widely distributed “distributed” generation worldwide, and its distribution is spreading, thanks to its ability to quickly meet urgent needs not only for event, construction, and post-disaster emergency power but also for fast-growing economies and stressed grids. That’s making it a serious competitor for “permanent” power in some situations. When […]