Business

Staff at the Nuclear Regulatory Commission (NRC) should expeditiously complete and implement cybersecurity rulemaking for nuclear fuel-cycle facilities, the regulatory agency’s commissioners have ordered.  In a March 24 agency memorandum to Mark Satorius, NRC executive director for operations, the commission disapproved the one option, which was the staff’s recommendation, to issue a security order to […]

As it decided in a February case involving American Electric Power (AEP), the Public Utilities Commission of Ohio (PUCO) has denied Duke Energy Ohio’s request to charge ratepayers for power from two aging coal plants owned by the Ohio Valley Electric Corp. (OVEC).  In an April 2 order, the state regulator approved the Duke Energy […]

NextEra Energy consists of a traditional, vertically integrated electric utility with a heavy reliance on nuclear and natural gas—Florida Power & Light—and an aggressive foray into renewable energy outside of Florida—NextEra Energy Resources. Given its recent bid for Hawaii’s electric utility, which has a legacy of oil-fired generation and a state commission pushing renewables, NextEra […]

$1.9B Pan-African Renewable Energy Platform Launched. Renewables company Mainstream Renewable Power and private equity firm Actis on Feb. 17 launched a pan-African renewable energy platform dubbed Lekela Power, with ambitions to provide between 700 MW and 900 MW of wind and solar power across Africa by 2018. Mainstream will take responsibility for the full end-to-end […]

The Federal Energy Regulatory Commission (FERC) gave its approval to two deals that will see shifts in electricity markets in Hawaii and the Midwest. On Mar. 27, FERC approved Duke Energy’s proposed sale of its merchant generation business to Dynegy for $2.8 billion. The deal, announced last August, covers 11 power plants in the Midwest […]

Adds Moniz’s March 25 comments on the future of the nation’s nuclear waste beyond Yucca Mountain. As four bipartisan U.S. senators unveiled a bill that tasks a new independent agency with permanent disposal of the nation’s spent nuclear fuel, Department of Energy (DOE) Secretary Ernest Moniz on Tuesday outlined steps the agency would take to […]

The consortium behind the Nordlink high-voltage direct-current (HVDC) link between Germany and Norway on Mar. 19 awarded the construction contract for the project to Swiss firm ABB. The $2 billion, 525-kV transmission line will be, at 623 kilometers (km), the longest HVDC connection in Europe. It will transit the North Sea across the Skagerrak strait, […]

The Tennessee Valley Authority (TVA) may further reduce its coal-fired capacity and scrap its unfinished Bellefonte nuclear power plant, the utility’s long-awaited draft power generation strategy unveiled on March 9 shows. 
 The federally owned corporation has been developing its 2015 Integrated Resource Plan (IRP), essentially a power planning roadmap to 2033, since fall 2013. The […]

Florida Power and Light (FPL) wants to buy a 250-MW coal-fired facility in Florida to shut it down. The Juno Beach, Fla.–based company filed a petition with the Florida Public Service Commission (PSC) on Friday requesting approval to acquire the Cedar Bay Generating Plant for $520.5 million. FPL has had a long-term power purchase agreement […]

A bipartisan group of Illinois legislators have introduced bills that propose a market-based solution to curb carbon emissions and ensure continued operation of the state’s nuclear power plants. The bills SB 1585 and HB 3293 introduced in the state Senate and House would enact the Illinois Low Carbon Portfolio Standard. That measure, like a renewable […]