Finance

The power generation market continues to evolve due to fundamental changes in market forces. Ongoing opportunities exist to partner with utilities to support this evolutionary process. Leadership Is Key for

In 2013 the Mexican government passed historic reforms that eliminated the state’s monopoly on the energy sector in an effort to attract private investment. In the electricity sector, reform was sold on the

The urge to merge, a key feature of the power industry for the past 20 years or so, showed no signs of slowing in 2014. Major players sought to beef up their asset portfolios and diversify their generating

Candu Wins China’s Backing to Develop AFCR Projects. Candu Energy and the China National Nuclear Corp. on Nov. 10 signed a framework joint venture agreement to build Advanced Fuel CANDU Reactor (AFCR)

The two nuclear reactors under construction at Plant Vogtle will be delayed beyond their forecast commercial operation dates of December 2017 and 2018, an oversight team told Georgia regulators in the project’s latest construction monitoring report.  The consortium building the project had originally projected the first of the two AP1000 reactors would be operational in […]

Over the past few years, wind generation projects have become prominent features of the North American landscape and of the utility infrastructure. In spite of their variable production load onto the grid

The Northwest Power and Conservation Council (NPCC) reports that energy efficiency is the second-largest power resource in the Pacific Northwest region, ranking only behind hydroelectricity. The NPCC—authorized through the Northwest Power Act to develop and maintain a regional power plan, and fish and wildlife program, to balance the Northwest’s environment and energy needs—bases the claim […]

San Antonio’s CPS Energy on Monday announced a new agreement to buy power from Summit Power’s  proposed integrated combined cycle coal gasification (IGCC) plant that will include carbon capture, utilization, and storage. The municipally owned utility will buy 200 MW of power from the the Texas Clean Energy Project (TCEP), which is about half the […]

On Oct. 8, the European Commission (EC) decided that the state aid included in the Hinkley Point C nuclear plant construction proposal is compatible with European Union state aid rules. The approval allows key elements of the agreement between EDF Group and the UK government, including a guaranteed “strike price” of £92.50/MWh ($148.76/MWh) for power […]

The Department of Energy (DOE) on Tuesday issued a draft solicitation that would provide up to $12.6 billion in loan guarantees for new nuclear projects. The agency identified four technology areas of interest in the draft solicitation: advanced nuclear reactors, small modular reactors, upgrades and uprates at existing facilities, and front-end nuclear projects. The draft solicitation […]