Environmental
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Renewables
Renewable Energy, Electrification Big Winners in Inflation Reduction Act
The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction Act (IRA). The bill, which now heads to President Joe Biden for his signature, includes major provisions to combat climate change, including support for a variety of clean energy […]
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Trends
AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head
American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]
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Nuclear
U.S. Utility Survey Suggests Industry Mulling Additions of 90 GW of New Nuclear
A Nuclear Energy Institute (NEI) survey suggests U.S. utility members expect to add up to 90 GW of new nuclear generation by the 2050s, including more than 300 new small modular reactors (SMRs) in the U.S. over the next 25 years. The nuclear industry group’s survey, unveiled on July 29, sought to gather input from […]
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Press Releases
FM Global allocates US$300 million, first-of-its-kind ‘resilience credit’ to help policyholders proactively invest in climate resilience
JOHNSTON, R.I., USA—Policyholders of FM Global, which include one of every three Fortune 500 companies and similar size organizations worldwide, will collectively receive approximately US$300 million in a first-of-its-kind ‘resilience credit,’ providing them with additional means to invest in climate resilience solutions. The credit has the potential to help those organizations reduce total loss expectancies […]
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Coal
Group: EPA’s Coordinated Regulatory Assault on Coal Power Could Push Retirements Beyond 86 GW by 2030
The Environmental Protection Agency (EPA) is readying a regulatory sweep targeting more stringent limits on traditional pollutants that could accelerate coal power plant closures. A coal trade group estimates that even without new rules, 86 GW of coal generation is slated to retire by 2030. While the U.S. Supreme Court in June curtailed the EPA’s […]
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Nuclear
Nuclear Power Production Curtailed in France, Worsening Europe’s Energy Crisis
High temperatures in river water are reportedly forcing Electricite de France SA (EDF) to cut power generation at some of its nuclear plants. The news is particularly troubling as several European nations struggle to cope with an energy crisis caused by gas cuts made by Russia in retaliation against sanctions placed on it due to […]
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History
Southern Company: A History of a Prolific Power Technology Pioneer
Atlanta-based energy giant Southern Co. has rapidly evolved to keep in step with the evolution of power. As part of its corporate growth, the company has notably pioneered technologies that have reshaped
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Nuclear
Spent Nuclear Fuel: A Valuable Resource—Not a Waste
Did you know that more than 90% of the potential energy that exists in fuel rods when they’re loaded into commercial nuclear reactors still remains in the fuel after five years of operation? Well, that’s
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Coal
Station Life Extension Through Coal-to-Gas Conversion
A project executed from conception through commissioning with the ideals of shared risk and shared success offers a unique approach to project execution, which could be replicated to keep other power plants in
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Legal & Regulatory
‘Major Questions’ Impacts Energy Regulation
On the final day of the Supreme Court’s term, the Court ruled in favor of West Virginia and other petitioners challenging the claimed regulatory authority that underlaid the Clean Power Plan (CPP)—the
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