Business

While General Electric (GE) waits for the French government to approve its bid for Alstom’s power and grid divisions, other companies are using the time to consider offers of their own. On June 11, Siemens AG and Mitsubishi Heavy Industries (MHI) announced that they are joining forces to evaluate a potential proposal for Alstom. The […]

A report released this week by Moody’s Investors Service provides an interesting analysis of two companies knee-deep in nuclear plant construction projects. The peer comparison takes a look at Georgia Power Co.—a Southern Co. subsidiary—and South Carolina Electric & Gas Co. (SCE&G)—a SCANA Corp. subsidiary. Georgia Power is adding two new units to its Alvin […]

The Department of Energy’s (DOE’s) loan programs have made more than $30 billion in loans and loan guarantees, but it has not fully developed or consistently stuck to loan monitoring policies, an official from the Government Accountability Office testified before a House subcommittee on May 30.  Congress authorized the Loan Guarantee Program (LGP) in 2005 […]

The Department of Commerce preliminarily ruled that China is subsidizing certain crystalline silicone photovoltaic (PV) products at a rate of 18.56% to 35.21%, marking another win for SolarWorld.  Commerce announced its affirmative preliminary determination in a new countervailing duty (CVD) investigation on imports of PV cells, modules, laminates, and panels. The agency calculated a preliminary […]

NRG Energy’s shopping spree, which has seen it become the nation’s largest merchant generator through a string of acquisitions, continued this week as subsidiary NRG Yield announced on June 4 that it has agreed to acquire the mammoth Alta Wind facility in Tehachapi, Calif., from Terra-Gen Power LLC. The Alta Wind farm has an operating […]

South Africa’s critical power situation has been the subject of much talk and speculation since 2008, when the country experienced its first electricity crisis after enjoying a surplus of cheap electrcity since the 1980’s. Download the report.

Climate change is changing the odds of extreme weather events, Entergy’s Rod West told the audience at the opening keynote session of ELECTRIC POWER 2014. West, who serves as Entergy’s executive vice

Everyone, it seems. From Bloomberg Businessweek to Rolling Stone, from ELECTRIC POWER (EP) to Platts Global Power Markets conferences, this spring everyone was talking about climate change. The topic is no

New rules adopted by the European Commission (EC) in April will gradually phase out renewable energy subsidies that currently bolster the European Union’s (EU’s) €48-billion-a-year clean energy

Australia Releases Emissions Reduction Fund White Paper. Australia’s Ministry of Environment on April 24 released its Emissions Reduction Fund (ERF) White Paper, formally setting out the final design of the