Business

  • A Rising Tide of Regulation and the “Kick-the-Can” Gambit

    A tidal wave of pent-up federal regulations could surge across much of the electricity industry in 2014. In recent years, Congress has been unable to enact new laws in energy, which has led a frustrated

  • Is Distributed Generation Really the Future?

    If you read the environmental press, clean tech media, or even the New York Times, you might conclude that America is on the cusp of a distributed generation (DG) revolution. “Solar power and other

  • Black & Veatch Foresees U.S. and Global Opportunities

    Black & Veatch expects sustained growth across global energy markets in 2014 with several ongoing themes continuing. Key market drivers supporting power infrastructure spend remain the same, centering on

  • How U.S. Power Generators Are Preparing for 2014

    The business environment for generating companies worldwide continues to become increasingly complex, and not just as a result of regulations. Even in the U.S., the concerns and constraints faced by generators

  • Day & Zimmermann Focuses on Flexibility

    Now more than ever, we see the U.S. power market sharply focused on maximizing return on investment. We see power producers responding to economic uncertainty, high costs for new emission controls, and a

  • Burns & McDonnell Sees U.S. Market in Transition While Asian Market Grows

    The U.S. power generation market is experiencing a unique set of transitional drivers, the biggest being the current economics within the energy market. U.S. Market Drivers A significant portion of the U.S

  • Europe Faces Capacity and Cost Challenges in 2014

    This is expected to be the year when modest economic growth at last returns to a recession-hit Europe. Recent depressed power demand from industry has already allowed the 27 countries of the European Union

  • USEC to Restructure, Seek Bankruptcy to Stimulate American Centrifuge Project

    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 […]

  • Eight States Petition EPA to Force Upwind States to Curb Pollution

    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 […]

  • Report: Coal Power Plant Retirements Could Push Up Future Wholesale Power Prices

    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 […]

  • FERC Addresses Industry Change in House Hearing

    “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 […]

  • FERC Revises Small Generator Rules to Include Energy Storage

    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 […]

  • Power Plant Training Simulators Explained

    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

  • Headway for Congo’s Long-Delayed 40-GW Inga Hydro Project

    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

  • POWER Digest (December 2013)

    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

  • The When, Where, and Why of Energy Patents

    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

  • Federal-State Cooperation Is Needed in Transmission Project Development

    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

  • Alqueva II Pumped Storage Hydropower Plant, Alqueva, Portugal

    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

  • IEA Forecasts Global Renewables Expansion, Dismal Outlook for CCS

    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 […]

  • Massaging the Messaging to Make Messages Meaningful

    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 […]

  • Trend: Banks Retreat as Regulators Advance

    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 […]

  • Make Sure Your Metrics Help You Reach Your Goal

    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 to Buy EME Assets for $2.6B

    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. […]

  • Edison–Mitsubishi Dispute over San Onofre Heats Up

    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 […]

  • Federal Court Blocks New Jersey Plan to Subsidize New Plants

    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, […]

  • Supreme Court to Review Federal Court Decision Vacating CSAPR

    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, […]

  • EIA: Four U.S. Coal Companies Supplied Over Half of 2011 U.S. Coal

    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 […]

  • Miss. Power Delays Kemper IGCC Plant (Corrected)

    “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 […]

  • Natural Gas and Electricity Don’t Mix (Yet)

    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 […]

  • IPCC Report Says Climate Change Is Real and Caused by Humans

    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: […]