Business

Residents of Cuba’s capital Havana and millions of others living in an area stretching 450 miles from the nation’s southeastern province of Camaguey to the westernmost province of Pinar del Rio experienced a massive blackout on Sunday night caused by an "interruption" in a 220-kV transmission line, the government said.

Belgian Cabinet Votes to Prolong Tihange 1 Reactor Life. Belgium’s cabinet in early July approved plans by GDF Suez subsidiary Electrabel to keep the 1975-built Tihange 1 reactor operating until 2025—almost a decade longer than planned—but it rejected a proposal to delay by a year the planned 2015 closure of Electrabel’s two 1975-built reactors at […]

Droughts, unreliable gas imports, and protests against proposed projects have hampered the Chilean power sector and its largest economic driver, the copper-mining industry. Recent policies designed to foster more reliable supplies are a move in the right direction, but remaining obstacles are formidable.

The natural gas and electricity industries have entered into an increasingly codependent relationship as coal-fired electricity gives way to natural gas–fired generation. Both industries are firmly committed to providing reliable service, although each goes about its business in different ways. Utilities, regulators, and stakeholders are searching for ways to align interests and expectations.

Plentiful supplies of low-cost natural gas have changed unit dispatch orders across the U.S., led to thermal stress–induced maintenance issues at cycling coal plants, and resulted in management challenges at coal and gas units alike. This scenario is unlikely to change so long as gas holds its competitive edge over coal.

Omaha Public Power District (OPPD) has postponed restart of its troubled 478-MW Fort Calhoun nuclear plant for the third time since it was shut down 16 months ago. Restart of the reactor, located 19 miles north of Omaha, Neb., requires regulatory approval, and that is now tentatively anticipated early next year.

Exelon on Tuesday said it plans to withdraw its Early Site Permit (ESP) application for construction of a new reactor at an 11,500-acre tract of land southeast of Victoria, Texas, saying “low natural gas prices and economic and market conditions . . . have made construction of new merchant nuclear power plants in competitive markets uneconomical now and for the foreseeable future.”

The U.S. Trade Representative on Monday asked the U.S. International Trade Commission (ITC) to investigate how U.S.-provided renewable energy services affect development of renewable energy projects worldwide. The ITC’s report, expected by June 28, 2013, will focus on the development, generation, and distribution of renewable energy—specifically onshore and offshore wind and solar energy.

Hurricane Isaac soaked the Gulf Coast of Louisiana and Mississippi after making landfall Tuesday night with sustained winds of up to 80 mph, leaving thousands without power in five states. On Tuesday, Entergy took its Waterford 3 nuclear plant offline as a precautionary measure.

Gas is up and coal is down. The why of it is not so clear, nor is the degree to which it’s likely to continue. Here’s a review of the nuts and bolts, which suggests coal may be poised for a comeback.