Business
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Coal
Fuel Cells Could Be a “Game-Changer” for Carbon Capture
Fuel cells powered by natural gas, biogas, and hydrogen are a rapidly expanding option for distributed generation, with fuel cell–based power plants being deployed in capacities into tens of megawatts. But as the technology improves and costs begin to scale, opportunities for other applications are being explored. One such application may even go beyond power […]
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Renewables
EIA International Outlook to 2040 Foresees Decoupling of Power Demand and Economic Growth
The world’s frenzied economic growth through 2040 won’t be matched by electricity demand growth, the Energy Information Administration (EIA) says in the International Energy Outlook 2016 (IEO2016 ) released on May 11. World net electricity generation will jump 69% by 2040, the IEO2016 reference case projects, but that is still well below “what it would […]
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Gas
GE Power Picks Up Doosan’s HRSG Business Unit
GE’s shopping spree in the power sector continued on May 10 as GE Power signed an agreement with Doosan Engineering & Construction to acquire the Korean firm’s heat recovery steam generator (HRSG) business for $250 million. According to GE, the acquisition will allow it to expand its offerings for combined cycle power plant solutions. The […]
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Coal
Southern Co. Kemper IGCC Delays, Cost Surges Are Under SEC Scrutiny
The U.S. Securities and Exchange Commission (SEC) is conducting a formal investigation concerning costs and delays plaguing Mississippi Power’s Kemper integrated gasification combined cycle (IGCC) plant. Southern Co., Mississippi Power’s parent company, revealed the investigation in a recent 10-Q financial filing. The company said that while it is fully cooperating with the SEC, it believes the […]
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Nuclear
Nuclear Milestones Confront Exelon, FPL, and TVA
Five nuclear projects—two old, one new, two planned—faced milestones this week as their owners confronted the realities of the U.S. nuclear market. Exelon Seeks Nuclear Support In Illinois, Exelon again warned that the long-challenged Clinton and Quad Cities plants would shut down unless the Illinois legislature passed a bill that would provide economic support for the […]
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Nuclear
For Sale: Partially Constructed Bellefonte Nuclear Power Plant
The Tennessee Valley Authority (TVA) board of directors voted on May 5 to surplus the Bellefonte Nuclear Plant property in northern Alabama so it can be offered for sale and potentially put to better use. The decision comes after months of consideration. On February 16, the TVA notified employees, customers, economic development interests, other stakeholders, […]
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Renewables
Renewable Energy Development Breaks Records and Leaps Ahead of Fossil Fuels Worldwide
Hands down, 2015 was a record year for global investment in renewable energy. Excluding large hydroelectric projects, the amount of money committed to renewables rose 5%, to $285.9 billion, exceeding the previous record of $278.5 billion reached in 2011.
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Coal
Dynegy to Shut Down 30% of Southern Illinois’s Power Generation Capacity
Dynegy Inc. announced on May 3 that it plans to shut down multiple Illinois coal-fueled units due mainly to the failure of the plants to recover basic operating costs in recent Midcontinent Independent System Operator (MISO) capacity auctions. According to the company, the generation that will be lost is 2,800 MW—about 30% of the total […]
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International
POWER Digest
WTO Rules Against India in Solar Power Dispute. A mandate that certain types of solar cells and modules used for India’s ambitious state-backed solar initiative must be domestically manufactured violate
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Commentary
Doublespeak Is No Cure for Utility Ills
After a very busy March, I just wanted to run a collage of puppy photos in this editorial. After all, baby animals are proven to generate engagement on social media, so why not in print? Then I saw a Twitter