Business

U.S. nuclear reactor enriched uranium fuel supplier USEC will voluntarily file for bankruptcy protection as part of a restructuring plan to boost financial support for its much-watched gas centrifuge uranium enrichment project at the American Centrifuge Plant in Piketon, Ohio.  The company announced on Dec. 16 that it had reached an agreement with majority shareholders […]

As the Supreme Court heard arguments on the Cross-State Air Pollution Rule (CSAPR), eight Northeast and Mid-Atlantic states petitioned the Environmental Protection Agency (EPA) to force nine “upwind” states to slash their emissions of nitrogen oxides (NOx) and volatile organic compounds (VOCs), which contribute to the formation of ozone to the north and east. EPA […]

Coal power plant retirements could potentially increase energy prices by $3–4/MWh for on-peak hours and $1–2/MWh for off-peak hours, but if natural gas prices also rise, energy prices could rise by as much as $9–11/MWh for on-peak hours and $5–6/MWh for off-peak hours, a new report from The Brattle Group suggests.  The report, “Coal Plant […]

“No industry stays static over time. Change is inevitable,” said the Federal Energy Regulatory Commission’s (FERC) John Norris in a house subcommittee hearing today. For the electric sector, he said in prepared remarks, “The time of incremental change is clearly over.” The Dec. 5 hearing before the House Energy & Commerce Committee, Subcommittee on Energy and Power was […]

A final rule issued by the Federal Energy Regulatory Commission (FERC) on Nov. 22 allowing energy storage projects to connect with the electric grid could boost the energy storage industry’s presence as a backup power source for intermittent energy sources, industry experts say. FERC Order No. 792 amends Order No. 2006—the pro forma Small Generator […]

Training simulators are worth their weight in gold to the power industry, as well as to most process industries in general. People tend to learn the fastest and the most thoroughly when hands-on trial and

Plans to build the $12 billion Inga 3 hydropower project may be finally coming to fruition after a new energy treaty signed by South Africa and Democratic Republic of Congo (DRC) promised to give the

First Kundankulam Unit Synchronized to Grid. The state-owned Nuclear Power Corporation of India Limited (NPCIL) on Oct. 22 synchronized to the grid the first of two units at the Kundankulam Nuclear Power

New research conducted by Massachusetts Institute of Technology and Santa Fe Institute researchers finds that the number of energy patents is increasing faster than patents overall. However, the trend lines

Beginning with its landmark Order No. 888 in 1996, the Federal Energy Regulatory Commission (FERC) has aggressively pursued policies designed to foster planning and construction of new transmission facilities

Owner/operator: Energias de PortugalCourtesy: Alstom Sunny Portugal enjoys a climate much like that of Southern California and likewise has considerable wind resources. Unlike California, Portugal has

By 2035, renewables will hold a 30% share of the global power mix but just 1% of the world’s fossil fuel–fired power plants will be equipped with carbon capture and storage (CCS), reports the International Energy Agency (IEA) in its newly released World Energy Outlook (WEO-2013). The annual report presents a central scenario in which global […]

How fast does your spam filter fill up? What about your personal message filter? We are absolutely overwhelmed with messaging. Digital ads pop up during Internet searches. Direct mail pieces fill our mailbox. Robo-calls interrupt our dinner. Traditional TV ads shout at us. Newspapers and magazines carry forgettable ads. While driving, we listen to CDs to avoid […]

It seemed like a good idea at the time. About 10 years ago, large investment banks that had long traded in energy commodities and derivatives, including playing in the wholesale, organized electric markets regulated by the Federal Energy Regulatory Commission (FERC), concluded that it made sense to combine physical assets—power plants, pipelines, and the like—with […]

Everyone loves to be identified as a top performer. In power generation, our plants strive for increased availability and reduced forced outages. We measure performance indicators (metrics), report them to the Generating Availability Data System (GADS), and benchmark ourselves against similarly designed power plants. And just when we think we are sitting pretty, we deal […]

NRG Energy will buy nearly 8,000 MW of generation capacity across the U.S. from bankrupt power firm Edison Mission Energy (EME) for $2.6 billion. The company entered into a plan sponsor agreement to acquire almost all EME’s assets, including EME’s generation portfolio and Edison Mission Marketing and Trading, a proprietary trading and asset management platform. […]

The San Onofre Nuclear Generating Station (SONGS) has gone cold for good, but the dispute between Southern California Edison (SCE) and Mitsubishi Heavy Industries (MHI) over who’s responsible for the ill-fated steam generator replacement that led to the plant’s retirement is starting to heat up. On October 7, SCE president Ron Litzinger “formally demanded” that […]

Following up on a similar decision in Maryland last month, a federal court threw out New Jersey’s attempt to spur construction of new power plants outside of PJM’s capacity auctions, saying that it was an unconstitutional state attempt to interfere with the wholesale power market. New Jersey’s Long-Term Capacity Pilot Project (LCAPP), enacted in 2011, […]

Though a stalemate on the federal budget endures in Congress, and the federal government continues to be partially shut down, the Supreme Court began its new term on Oct. 7 by announcing that it had accepted two cases seeking a review of the invalidated Cross State Air Pollution Rule (CSAPR). The two CSAPR cases, EPA, […]

In the past two years, roughly half of U.S. coal production was attributable to the top four coal producers, the result, according to the U.S. Energy Information Administration (EIA), of changes in regional production as well as decades-long trends that have seen the several mergers and acquisitions. Peabody Energy Corp., Arch Coal Inc., Alpha Natural […]

“Abnormally wet weather” and “lower-than-planned construction labor productivity” have forced Mississippi Power to push back commercial startup of its integrated coal gasification combined cycle (IGCC) project in Kemper County, Miss., to later in 2014 from the originally scheduled in-service date of May 2014. The company said in a stock filing on Tuesday that it would […]

The cost of producing electricity by natural gas and coal finished 2012 in a dead heat and future cost trends are very difficult to predict. One can read the projections (not predictions) by the U.S. Energy Information Administration and find evidence that coal is disadvantaged based on the rising cost of environmental compliance but the […]

A report issued on Friday, Sept. 27 by a working group of the Intergovernmental Panel on Climate Change (IPCC) essentially confirms the conclusions drawn by previous reports that human activities, especially the burning of fossil fuels, are largely responsible for climate change. Working Group 1’s “Contribution to the IPCC Fifth Assessment Report Climate Change 2013: […]

A federation of Germany’s biggest companies last week called for urgent reforms to the country’s renewable energy strategy within the first 100 days of Chancellor Angela Merkel’s newly elected government, including abolishing feed-in-tariffs (FITs) that they say have sent power prices in the country soaring. Key points of the 19-page reform proposal submitted by the […]

Southeast Asia, with an increasingly affluent population of 600 million, must kick investment in the power sector into the next gear to meet expected demand for electricity. Download the report.

Many utilities have taken advantage of relatively low-cost natural gas to address environmental pressures and upgrade their power generation portfolio in one of three distinct ways—replace, repower, or

Energy-hungry India’s power sector is financially hemorrhaging due to a number of critical issues relating to the availability of coal and gas, its loss-making state power distribution companies, and costly

Pressures on competitive power markets have fueled substantial declines in plant valuations over the past five years, with coal plants taking the brunt of the damage. That’s the conclusion of a new report from financial services firm Fitch Ratings released on Wednesday. The report, which calculated the net present value of plants across the country […]

POWER Associate Editor Sonal Patel reported on Sept. 12 that “nearly 100 renewable energy and environmental groups and businesses have asked the Energy Information Administration (EIA) to reevaluate renewable energy forecasts, alleging the agency’s projections don’t reflect ‘the current status and recent, real-world growth rates of renewables.’” The EIA forecasts are presented in its Annual […]

A compromise offered by the Solar Energy Industries Association (SEIA) on Monday to resolve a worsening trade dispute between U.S. and Chinese solar industries proposes the creation of a Chinese fund to help grow the U.S. market and safeguards to offset surges of Chinese solar modules. The move comes as Chinese provisional anti-subsidy duties on […]