Business

Maryland-based United States Enrichment Corp. (USEC) formally filed for Chapter 11 bankruptcy protection on Mar. 5. The action has been expected since last December. USEC’s finances have been hammered by persistently low prices and weak demand for low-enriched uranium (LEU), as well by difficulties with a long-delayed project to develop a new centrifuge enrichment technology in […]

Brazil’s electricity market is vast: the largest in Latin America and 10th largest in the world, with an installed capacity of 121,000 MW. Download the report.

Duke Energy announced on Feb. 17 that it was preparing to sell its interests in 13 power plants in the Midwestern U.S. and exit the commercial generation market in that region. “Our merchant power plants have delivered volatile returns in the challenging competitive market in the Midwest,” said Lynn Good, president, CEO, and vice chairman […]

The National Institute of Standards and Technology (NIST) today released its final version of a national framework for improving critical infrastructure cybersecurity. The “living” document will be updated as industry reports back on its implementation. The “Framework for Improving Critical Infrastructure Cybersecurity” is essentially composed of a core, tiers, and profiles. The core presents five […]

What’s the utility of the future going to look like within two or three decades? That was a question put to former Duke Energy CEO Jim Rogers, Great Plains CEO Mike Chesser, and former chairman of the Colorado Public Utilities Commission Ron Binz by the head of the Brookings Institute’s Energy Security Initiative (ESI) last […]

Legally binding targets to slash the European Union’s (EU) carbon dioxide (CO2) emissions by 40%, increase the bloc’s renewables’ share to 30%, and improve energy efficiency by 40%—all by 2030—were strongly backed by the European Parliament on Wednesday.   The EU’s directly elected parliamentary institution adopted a resolution by a vote of 341–263 to set […]

Legally binding targets to slash the European Union’s (EU) carbon dioxide (CO2) emissions by 40%, increase the bloc’s renewables’ share to 30%, and improve energy efficiency by 40%—all by 2030—were strongly backed by the European Parliament on Wednesday.   The EU’s directly elected parliamentary institution adopted a resolution by a vote of 341–263 to set […]

Power produced by South Africa represents 40% of Africa’s total—yet that country is facing a crippling supply shortfall. Emergencies are offset with imports from its neighbors in southern Africa, some of which are electricity poor, and others that are latent supply giants. “Power Africa,” the recently announced U.S. initiative that earmarks $7 billion in public […]

Mexico’s much-awaited constitutional energy reform, passed on Dec. 12 by the federal congress and a week later by the required majority of state congresses, could spark increased private participation in

EU’s Highest Court Says French Onshore Wind Tariff Is Illegal. The Court of Justice of the European Union (EU) ruled on Dec. 19 that a French regulatory mechanism allowing network distributors—namely

The UK’s faltering plans to establish a carbon capture and storage (CCS) industry by the 2020s got a renewed boost in December as the government pledged to back the Drax Group’s White Rose project

A year ago, on Feb. 12, 2013, President Obama issued Executive Order 13636, titled “Improving Critical Infrastructure Cybersecurity.” The Executive Order instructed the National Institute of Standards and

On Feb. 2, 2011, a winter storm gripped the Lone Star State, bringing freezing temperatures and heavy ice loads onto the state’s electric infrastructure. Texas experienced a series of unexpected rolling

Cybersecurity has become a topic of interest over the past year in generation, owing to new developments in North American Electric Reliability Corp. Critical Infrastructure Protection (NERC CIP) regulations

The European Union (EU) should emit 40% less carbon dioxide than it did in 1990 and produce 27% of its energy from renewables by 2030, declares a new framework on climate and energy presented by the European Commission (EC) on Wednesday.  The communication setting out the 2030 framework is now expected to be debated by the […]

FutureGen 2.0, the government-backed but long-stalled carbon capture and storage (CCS) project proposed for Meredosia, Ill., will get about $1 billion in cost-shared federal funding, the Department of Energy (DOE) announced on Jan. 22.  A Record of Decision (ROD) published in the Federal Register marks the DOE’s decision to provide $1 billion of financial assistance […]

A federal court on Wednesday upheld the Federal Aviation Administration’s (FAA’s) 2012 determination that the 130-turbine Cape Wind offshore wind farm proposed for Nantucket Sound, south of Cape Cod, Mass., posed “no hazard” to air navigation.  The U.S. Court of Appeals for the District of Columbia Circuit’s decision in Town of Barnstable, Mass. v. FAA […]

The Federal Energy Regulatory Commission (FERC)—which notes that geomagnetic disturbances (GMD) can have potentially severe, widespread impact on the bulk electric power system—has issued a notice of proposed rulemaking (NOPR) to approve its first reliability standard concerning GMD operations. The NOPR issued on Jan. 16 concerning Reliability Standard EOP-010-1 is designed to mitigate the effects […]

Witnesses from four federal agencies, including Environmental Protection Agency (EPA) Administrator Gina McCarthy, answered pointed questions about the president’s June 2013–released Climate Action Plan (CAP) and associated rules at an oversight hearing of the Senate Committee on Environment & Public Works today.  Committee Chair Sen. Barbara Boxer (D-Calif.) began the hearing to review President Obama’s […]

Increases in spot natural gas prices generally prompted wholesale electricity price hikes across the nation from in 2013, but power prices were the highest in the Pacific Northwest and New England, the Energy Information Administration (EIA) said on Tuesday.  Average wholesale electricity prices at the Mid-Columbia trading hub were $37.53/MWh—soaring 64% in 2013 compared to […]

In an email interview with POWER, Xue Wei, manager for Emerson Process Management Power & Water Solutions, China Business Development, provided some insight into the current state of control systems for Chinese power plants. His responses, edited for style, follow. POWER: How widespread are “state-of-the-art” control systems (yours and others) in new generating plants in […]

My earlier post graded my first five predictions for 2013. This post grades the remaining five posts and suggests my overall grade for 2013.   In past years, my best overall grade was a B+. I’m still hopeful I can better that score. 5. The EPA Fracks Gas. On the same day the Environmental Protection Agency […]

I have presented my top 10 predictions for the year in the January issue for the past several years. I then graded myself against the actual events of the year and presented the results at the end of that year. My grades over the past three years ranged from mid- to high-B, which wasn’t bad […]

A land of lakes and rivers, Quebec benefits today from an abundance of clean and green energy, vastly generated by means of hydro power, which is increasingly complemented by the province’s eastern wind energy farms. Download a pdf of this report.

Now more than ever, the power generation business is a global business. Supply chains are more international than in the last century. Thanks to more easily retrievable reserves of shale gas, the prospect of

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

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 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

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