Courts
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News
Power Co-op Files Bankruptcy After $2.1 Billion ERCOT Bill
The group considered Texas’ oldest and largest electricity cooperative has filed for Chapter 11 bankruptcy protection, saying it can’t pay money wanted by the state’s grid operator in connection with power outages during a major winter storm that hit in February. Brazos Electric Power Cooperative filed its bankruptcy petition March 1 in the U.S. Bankruptcy […]
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IIOT
Blockchain and Energy Innovation Marches On
Even in a pandemic, energy innovators are developing blockchain technology to implement powerful changes. From automating crude oil trading to amplifying the impact of renewable energy sources, innovations harnessing blockchain technology are likely to change the energy industry in profound ways. Inventors, enterprises, and investors who act today to obtain patent protection for their early […]
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Coal
THE BIG PICTURE: EPA Regulatory Roundup
Over its 50-year history, several rules issued by the U.S. Environmental Protection Agency (EPA) have reshaped the power sector. But for at least a few modern rules, the road has been full of turns. Notes: CAA = Clean Air Act; BSER = best system of emission reduction; CO2 = carbon dioxide; GHG = greenhouse gases; […]
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Coal
EPA Changes Closure Requirements in Coal Ash Rule
The U.S. Environmental Protection Agency (EPA) on July 29 finalized several changes to the regulations for disposal of coal combustion residuals (CCRs), or coal ash, from electric utilities. The changes include giving utilities more time to design clean-up and closure plans for their coal ash storage sites. The changes stem from an opinion issued Aug. […]
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News
Judge Approves PG&E Bankruptcy Exit
A federal judge in California has approved Pacific Gas & Electric’s plan to exit bankruptcy, clearing the way for the utility to compensate victims of a series of wildfires in the state that left more than 100 people dead in 2017 and 2018. The action by U.S. Bankruptcy Judge Dennis Montali on June 20 authorized […]
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Nuclear
Exelon’s Peach Bottom Nuclear Plant Licensed for 80 Years—Will It Make It?
The U.S. Nuclear Regulatory Commission (NRC) granted a 20-year license extension for Peach Bottom Atomic Power Station Units 2 and 3. The extension authorizes the two reactors—both of which began commercial operation in 1974—to continue operating through 2054. “We are pleased with the NRC’s decision to grant a subsequent license renewal for Peach Bottom Units […]
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News
Mixed Reactions to FERC’s Recent MOPR Order from Power Generators
On Dec. 19, the Federal Energy Regulatory Commission (FERC) directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources, including renewables backed by state portfolio standards. It’s the latest of a series of dramatic revisions to the grid operator’s rule, which essentially functions to provide a minimum […]
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News
EPA Overrides Subpart D in Newly Proposed Federal Coal Ash Permitting Rule
Only “high hazard” CCR units will be subject to immediate compliance deadlines under a newly proposed Environmental Protection Agency (EPA) rule that revises federal permit requirements for the management of coal combustion residuals (CCRs) at power plants. If finalized, the rule will apply to all coal facilities in Indian country and the 48 U.S. states […]
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Business
Hitachi Exiting MHPS; MHI Will be Venture’s Sole Owner
Japanese technology conglomerate Hitachi will withdraw from Mitsubishi Hitachi Power Systems (MHPS), a joint venture it established in 2014 with another power equipment giant, Mitsubishi Heavy Industries (MHI), over a dispute stemming from construction of two massive defect-ridden coal plants in South Africa. Under a Dec. 18-announced settlement reached by MHI and Hitachi, Hitachi will […]
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News
EPA Reinterprets ‘Ambient Air,’ Further Tweaks New Source Review
The Environmental Protection Agency (EPA) has finalized a change to a long-standing policy interpreting “ambient air”—a foundational concept under the Clean Air Act that applies to all types of air pollution, from ground-level ozone, particulate matter, and greenhouse gases. While the agency framed the change as part of a suite of actions to reform New Source […]