Business

With the increasing interdependency of the natural gas and electricity, the number of economic and regulatory factors than can shift the future direction of both industries is growing substantially.

Protests in more than 20 cities by tens of thousands of Bulgarians over January electricity bills that averaged more than €100 ($130) forced the country’s prime minister, Boyko Borissov, and his center-right government to resign in mid-February.

Government decisions to subsidize renewable power to increase its capacity for environmental and security reasons have spurred investments but also increased cross-border tensions. Increasingly, legal actions that seek to settle international trade disputes allege unfair subsidization.

Undergoing a NERC CIP audit is an ordeal, particularly when the ground rules are not clearly spelled out in advance. An experienced NERC CIP auditor lays out a comprehensive five-step plan that will show you how to prepare for a successful audit.

NuScale on Wednesday announced it would seek federal funding to accelerate deployment of the company’s small modular reactor technology, saying it would submit a letter of intent in response to a funding opportunity announcement (FOA) announced by the Department of Energy (DOE) earlier this month.

The Nuclear Regulatory Commission’s (NRC’s) Atomic Safety and Licensing Board (ASLB) on Tuesday rejected challenges by environmental groups to Progress Energy’s application to license two new nuclear plants in Levy County, Fla.

The California Public Utilities Commission (CPUC) last week directed San Diego Gas & Electric (SDG&E) to procure up to 298 MW of local generation beginning in 2018, and authorized the utility to enter into a purchase power tolling agreement with Wellheads’ Escondido Energy Center. It declined, however, to let the utility enter into similar agreements with two gas generators, because they were bound to be delayed.

On Monday, the Department of Energy issued a new funding opportunity announcement designed to help U.S. industry design and certify innovative small modular nuclear reactors (SMRs). This follow-on solicitation to the cost-share agreement with Babcock & Wilcox for its mPower SMR technology, announced in November 2012, is open to other companies and manufacturers and is focused on furthering SMR efficiency, operations, and design.

The Environmental Protection Agency (EPA) estimates final regulations curbing greenhouse gas (GHG), mercury, and air toxics emissions from new sources could appear in the Federal Register over the next six weeks. Also forthcoming are final cooling water intake rules and proposed effluent guidelines. The coal ash rule, which has no target date for a final rule, may not be issued this year, the agency said.

Attention to the potential risks of solar storms to the power sector continues, as the NRC issues a highly unusual grant to a citizen’s rulemaking petition on how solar storms could affect spent fuel powers at nuclear plants.

Selling the value of good customer communications to upper management is not always easy. Positioning it as CEO pain avoidance can go a long way toward that goal.

A variety of factors have exerted downward pressure on wholesale electricity prices the past few years. EIA data suggest this may be a long-term spiral, not just a temporary hiccup.

Taking an activist stance in favor of unions,  the National Labor Relations Board recently ruled that employers must continued to withdraw union dues from paychecks even after a collective bargaining agreement has expired. But another court ruling may place this NLRB decision—and many others—in doubt.

It’s easy to say utilities need to show their customers the value they receive for their money. It’s much harder to define exactly what that means or how to do it.

Bill Gates didn’t mince words last night when sharing with the IHS CERAWeek crowd his thoughts about public support for basic scientific research in the United States.

China will reduce the nation’s carbon emissions and energy use per unit of gross domestic product (GDP) by at least 3.7% this year and perform trials for a carbon-trading program, China’s National Development and Reform Commission (NDRC), said in a report on Tuesday. The country would also make "greater efforts to conserve energy" and "reduce the discharge of major pollutants," it’s top economic planner said.

President Obama this week nominated Gina McCarthy, the current assistant administrator for the Environmental Protection Agency (EPA) Office of Air and Radiation, to head the EPA. He also nominated Dr. Ernest Moniz, currently a faculty member at the Massachusetts Institute of Technology (MIT) for secretary of energy. Both are expected to face a difficult confirmation process.

A survey of European power utility and consultancy workers conducted by energy information provider Platts last week suggests that regulatory risk and weak wholesale power prices are thought to be at the top the industry’s most significant challenges.

Among the early-stage energy technology projects on display at last week’s Advanced Research Projects Agency-Energy (ARPA-E) Energy Innovation Summit were two from the Palo Alto Research Center (PARC) that have the potential to enhance a variety of battery and other power-related applications. POWER shot video demonstrations of these technologies, which are approximately three to five years from commercialization. See if you can figure out which one was inspired by striped toothpaste.

Energy demand in Mexico, according to the Secretary of Energy (SENER), will increase by approximately 4% each year for the next ten years, and with it the potential for private sector growth in the industry. Download the report.

Japan’s scramble to replace generation lost from nuclear power plants that were shuttered after the March 2011 Fukushima Daiichi nuclear accident has forced it to rely on pricey imports of fossil fuels—and soaring energy costs are hammering the world’s third-largest economy.

Selected business news and deals in the power generation industry.

Controversy concerning natural gas exports flared the day the U.S. Energy Information Administration (EIA) released its estimate that U.S. natural gas exports could begin in 2021.

Mercury emissions from power plants in 137 United Nations member countries could be subject to strict controls and reductions if an international treaty is signed by participating nations this October.

Here are some of the longest pipelines recently built as well as noteworthy ones in the pipeline.

More and more electricity is generated by natural gas. This trend is likely to persist. Hydraulic fracturing technology is increasing domestic supplies and enabling natural gas prices to remain at historic lows.