Business

In a series of ironies, the U.S. Nuclear Regulatory Commission has voted to reject an early finding that the U.S. can adequately manage nuclear reactor spent fuel, in the wake of the Obama administration’s decision to pull the radioactive plug on Nevada’s Yucca Mountain. The vote by the majority Republicans on the commission effectively puts a temporary ban on new nuclear reactor construction in the U.S.

While pundits opine that the U.S. economy is in recovery, that doesn’t show up in the world of coal-fired electric power plants (perhaps lagging economic indicators). For proof, see these recent stories.

Social media have emerged as an important force in the workplace, both as new ways of doing business and as challenges to organization management. Among those challenges is defining acceptable employee behavior on and off the job.

News items of interest to power generation professionals.

Chile was considered a world leader for reforming and liberalizing its power sector as early as the 1980s. However, 25 years later, Chile is at a crossroads in terms of developing future capacity. With an estimated GDP growth rate of 2% to 3% during the current global financial crisis, a highly competitive economy, an established democracy, and a stable macroeconomic environment, Chile is considered a premium destination for foreign investment.

In an exclusive agreement with the EUCG Nuclear Committee, POWER was provided access to some key, high-level performance and operational data from the group’s nuclear industry benchmarking database. All U.S., and many international, nuclear power plants are members of the committee and have contributed to its database for many years. This month we introduce you to the EUCG Nuclear Committee and share sample nuclear operating costs. Look for future reports on other key performance benchmarking metrics during 2010.

Most of the big utilities, with an eye to ensuring a good mix of future generation resources, have a new nuclear plant in development. Even though federal loan guarantees are slow to materialize and financing these multi-billion-dollar projects has become a bet-the-company investment, the NRC has more than 40 applications from generators that continue to believe in the future of nuclear power.

News items of interest to industry professionals.

The expected renaissance for U.S. coal-fired generation has been more evolutionary than revolutionary: Less than half of the announced plants will likely progress to construction. However, the percentages for coal-fired plants aren’t significantly different from those for combined-cycle plants a decade ago, when dozens were ultimately canceled, leaving developers with warehouses full of unused gas turbines. The difference this time: The threat of carbon control legislation has moved many projects to the “wait and see” category.

A solar thermal demonstration power plant in Jülich, Germany, that was developed by the German Aerospace Center (Deutsches Zentrum für Luft- und Raumfahrt; DLR), was formally handed over to its future operator, the Jülich Department of Works this August.

Carbon capture and storage (CCS) has of late gained steam as the best way to mitigate emissions of the greenhouse gas carbon dioxide (CO2) from fossil fuel power plants, despite evidence that the approach would require much energy and increase the fuel needs of a coal-fired plant by more than 25%. A new study from […]

On August 5, President Barack Obama announced that 48 new advanced battery and electric drive projects will receive $2.4 billion in funding from the Department of Energy under the American Recovery and Reinvestment Act. The announcement marks the single largest investment in advanced battery technology for hybrid and electric-drive vehicles ever made. DOE funds will […]

News items of interest to power industry professionals.

Carbon is poised to become an auditable and verifiable reporting requirement for American business. Because utilities are among the organizations with the most at stake in a carbon-constrained economy, they should proactively tackle carbon management and carbon accounting in spite of uncertainties about the precise formulation of the final regulatory framework. In short, whether a carbon accounting requirement is legislative, administrative, or driven by business partners and consumers, now is the time for utilities to act.

The Appeals Court in D.C. has struck down a Bush administration 2007 ozone rule, sending the issue back to the Environmental Protection Agency for a mulligan. What will this mean in the future?

The National Academy of Public Administration faults the U.S. Department of Energy on human resource management, contract controls, and financial management.

The economic downturn hits Entergy Corp. and Bruce Power.

The world’s first supercritical circulating fluidized-bed (CFB) steam generator began successful operation at the Lagisza power plant in Poland early this July, according to power equipment and engineering firm Foster Wheeler. The new CFB — believed to be the world’s largest — replaced 1960s-era pulverized coal units at the power plant owned by Polish utility […]

TVA scales back plans to revitalize new nuclear construction at its Bellefonte plant, suggesting that it will scrap plans for new units at the site and perhaps focus on its unbuilt unit that has been mothballed for 25 years.

"If you build it, they will come" — the litigants, that is. The lawsuit involving the construction of Southwestern Electric Power Co.’s (SWEPCO) John W. Turk Jr. ultrasupercritical coal-fired power plant in Arkansas gives new meaning to that popular quote from the movie Field of Dreams.

“Engagement” was once the buzzword for employee satisfaction. That was then, say some HR gurus, but these authors argue that engagment is as important as ever.

U.S. wind power appears becalmed, partially stymied by transmission constraints, and also by financing difficulties in the current recession. Read the details.

Over the past decade, the development of new natural gas – fired generating assets has been similar to an amusement park roller coaster ride — very high peaks and the lowest of lows, with fast and stomach-churning movement between. Expect the ride to continue into the near future.

Is it possible to develop a business model whereby an economic dip can be used to a market advantage? One client uses a sports analogy to describe this opportunity: "We are between seasons, and we have an opportunity to recruit and retool our team for the future." This just might be the right time to retool your human resources processes to avoid past hiring mistakes and adopt new hiring practices that will maximize the life-cycle value of your company’s human capital.

News items of interest to power industry professionals.

In June, California issued yet another report on renewable energy. This one, a joint effort of the California Public Utilities Commission (CPUC) and the California Energy Commission (CEC), analyzes implementation issues related to increasing the state’s renewables portfolio standard (RPS) to 33% by 2020. The report is the latest in an increasingly growing number of assessments, policy pronouncements, and administrative decisions examining renewable energy and climate change issues.

Does your business have a communications plan to deal with a catastrophe? The lack of one could cost your business its corporate reputation and the value of your shares on the market.

If a nuclear revival is to happen, it will depend on understanding the global nature of the supply chains that support it, argues a U.S. conservative think tank.

The bill that the U.S. House passed 219-212 in late June to establish a cap-and-trade regime for control of global warming gases also includes new authority for overriding states on siting power lines. But the new authority only applies to the West.