Business
-
Legal & Regulatory
[UPDATED] DOE to FERC: Force Competitive Markets to Value Coal and Nuclear Resiliency, Reliability Attributes
A rule proposed by the U.S. Department of Energy (DOE) on September 29 directs the Federal Energy Regulatory Commission (FERC) to mandate that competitive power markets develop and implement market rules to “accurately price” what it calls “fuel-secure” generation. The DOE’s “Grid Resiliency Pricing Rule” directs FERC—an independent regulatory government agency that is officially organized as […]
-
Partner Content
Faster Power Plant Cycling
Rapid startup is critical for modern power plants, as peaks and valleys in demand fluctuate with the increased use of alternative, renewable sources. But power plant cycling comes with risks to expensive equipment. Maintaining control of water cycle chemistry is vital to help mitigate them.
Tagged in: -
Nuclear
Entergy Gives Palisades Nuclear Plant Five More Years to Run
Entergy Corp. will keep the Palisades nuclear power plant in Covert, Michigan, open until the spring of 2022, owing to a shortfall in recovery granted to Consumers Energy by state regulators. In a bid to actively exit the merchant nuclear power business, investor-owned Entergy had decided to shutter the 798-MW plant by October 1, 2018. […]
Tagged in: -
Nuclear
SCANA, Santee Cooper Monetize Settlement Payments from Toshiba to Minimize Risk
SCANA Corp. and Santee Cooper moved to cash in a $2.2 billion settlement with Toshiba—even though it will cost them $171 million—rather than risk collecting guaranty payments from the Japanese conglomerate over the next five years for the unfinished V.C. Summer nuclear expansion. Just days before the utilities decided to abandon the project, Toshiba on […]
Tagged in: -
Nuclear
S.C. AG, State Lawmakers Press for Criminal Investigation of SCANA’s Role in V.C. Summer Nuclear Expansion Collapse
SCANA Corp.’s troubles concerning its decision to abandon the V.C. Summer nuclear expansion intensified again this week after South Carolina’s attorney general’s office and state lawmakers urged state law enforcement to conduct a criminal investigation on how it handled the project. The company said in a filing with the U.S. Securities and Exchange Commission on […]
-
Business
ABB Acquiring GE Electrification Unit in $2.6 Billion Deal
Swiss engineering firm ABB has moved to expand its electrification business, especially in North America, with a $2.6 billion deal to acquire GE Industrial Solutions (GE IS). The move announced September 25 is the latest by GE to refocus its operations under new chief executive John L. Flannery, who replaced long-time GE CEO Jeffrey Immelt […]
-
Partner Content
Eliminating lab-based water cycle chemistry measurements
Power plants are under pressure to accurately measure critical water quality parameters like chloride, sulfate and organics with shrinking budgets for equipment and staffing. How can they achieve this?
Tagged in: -
O&M
Four Tips for Protecting Power within One of the World’s Most Critical Industries
New report highlights criticality of utilities. As more and more industries increasingly rely on information technology (IT), the ability to ensure IT systems stay up and running is more critical than ever. But which industries absolutely, positively must stay up and running? Which industries are most critical? That’s the question answered by a team of […]
Tagged in: -
Legal & Regulatory
Feds Subpoena Documents Related to 2016 Bechtel Audit of V.C. Summer Nuclear Expansion
SCANA Corp. and Santee Cooper—utility partners that recently abandoned a two-unit expansion at the V.C. Summer nuclear plant—have received federal subpoenas for documents associated with a much-guarded February 2016 assessment report conducted by Bechtel, documentation of meetings with the firm, and documentation of site walk-downs and real-time observations at the half-built project. A copy of […]
-
Legal & Regulatory
Long-delayed Expansion of Kansas Coal Plant Now Considered Unlikely
Chances that an 895-MW project to expand Sunflower Electric Power Corp.’s coal-fired Holcomb Station in Kansas will ever be completed are “remote,” a key project partner said. Tri-State Generation and Transmission Association—a Denver-based power generator owned by 43 electric cooperatives that partnered with Sunflower in 2005 to build the new unit—in an August 10-Q […]
Tagged in: