Gas

As expected, President Obama vetoed two resolutions on Dec. 18 that would have blocked the Environmental Protection Agency’s (EPA’s) rules on CO2 emissions and halted the administration’s Clean Power Plan. Senate Joint Res. 23 was Congress’ attempt to nullify the EPA’s greenhouse gas (GHG) emissions standards for new, modified, and reconstructed power plants, while Senate […]

North America’s reserve margins are trending downward, even though electricity demand has generally fallen, the North American Electric Reliability Corp. (NERC) warned in a new report. The international regulatory authority established to gauge and improve the reliability of North America’s bulk power system (BPS) said in its annual long-term report that electricity demand has dropped […]

In a major boost to the wind and solar industries, Congressional leaders agreed on a multiyear extension of renewable energy tax credits, which could provide several years of predictable policies, encouraging investment in new projects. The tax credits are part of a 2,009-page omnibus-spending bill unveiled by the House Appropriations Committee on Dec. 15. The […]

Delegates of 195 nations, including the U.S., on Dec. 12 reached a landmark deal at the Paris COP21 conference that commits the world to reducing greenhouse gas (GHG) emissions in an effort to combat the effects of climate change. Though scientists have said global temperature increases need to kept below 2 degrees C to avoid […]

American Electric Power (AEP), through its subsidiary AEP Ohio, announced on Dec. 14 that it had filed a stipulated agreement with the Public Utilities Commission of Ohio (PUCO) in support of the company’s expanded power purchase agreement. Details of the Agreement The stipulated agreement, which the company expects the PUCO to rule on in early […]

American Electric Power (AEP), one of the biggest coal generators in the U.S., is withdrawing funds and staff resources from heavy lobbying efforts against the Clean Power Plan, sinking them instead into preparations for compliance with the controversial climate rule. The company has informed the American Legislative Exchange Council (ALEC) that it will not be […]

The Environmental Protection Agency’s (EPA’s) Clean Power Plan (CPP) is likely to be complicated at least as much by political and legal opposition as by technological challenges in reducing carbon emissions, several speakers at POWER magazine’s inaugural conference on legal issues in the generation industry noted on Dec. 7 in Las Vegas. “Navigating Legal Implications of […]

FirstEnergy Corp., which may enter into a settlement with Ohio to safeguard the future of its Davis-Besse nuclear plant—a deal critics have blasted as “corporate welfare”—just got the Nuclear Regulatory Commission’s permission to operate the 1978-built reactor until 2037. The 20-year license extension marks a milestone for Akron-headquartered FirstEnergy, which has warned it might have […]

New rules from the Environmental Protection Agency (EPA) have several unintended consequences for the power sector, an expert said at a POWER magazine event on Dec. 7. Floyd Self, an attorney with Florida-based law firm Berger Singerman, said that the bevy of new EPA rules have helped forged mergers between electric and gas utilities and necessitated […]

Climate change litigation in the U.S. has far outpaced climate litigation in any other jurisdiction. In fact, according to Teri Donaldson, partner with DLA Piper, more lawsuits concerning climate change have been decided or settled in the U.S. than in the rest of the world combined. “The success rate in these cases is very low,” […]

The power sector should view the Environmental Protection Agency’s (EPA’s) recent drive to tighten regulations on air and water emissions as an opportunity to improve its efficiency and environmental footprint rather than as an obstacle, said EPA General Counsel Avi S. Garbow at POWER magazine’s inaugural conference on legal issues in the generation industry. “We want […]

Germany’s largest power generator RWE, following in the footsteps of its competitor E.ON, plans to split its company to bank on renewable energy and grid operations, which it says is the future for utility companies. If approved by RWE’s supervisory board, the Essen-headquartered company that produces more than 40% of its power from hard coal […]

A regional haze program final rule for Texas expected soon from the Environmental Protection Agency (EPA) could speed up the retirement of about 4.7 GW of coal-fired capacity, warns the Electric Reliability Council of Texas (ERCOT) in a new generation outlook. The grid operator’s Dec. 1–released “Report on the Capacity, Demand and Reserves (CDR) in […]

Florida’s Seminole Electric Cooperative faces what may be the most difficult generation transition in the nation as a result of the Obama administration’s Clean Power Plan. One of the nation’s largest generation and transmission rural electric cooperatives, Seminole owes its origins and its current position primarily to a single coal-fired plant. When electric utility veteran […]

The challenge of getting a new generation of workers interested in the power sector is one I hear about frequently. Too many young adults are more fascinated by the tech sector, plant folks say. That may be

Gas-fired power is booming—even more than expected. For only the second time ever, but also the second time this year, gas generated more electricity in a month in the U.S. than coal. According to statistics

GE Completes Alstom Acquisition. GE announced on Nov. 2 that a $10.6 billion deal to acquire Alstom ’s power and grid business is complete. Alstom will now entirely refocus its activities on rail transport

The UK has canceled its flagship £1 billion ($1.5 billion) competition to help commercialize carbon capture and storage (CCS) technology from power plants. The decision by the Department of Energy and Climate Change (DECC) was announced in a three-sentence release to the London Stock Exchange just days before crucial climate change negotiations are due to […]

In a major speech setting out the future direction of the UK’s energy policy, Energy and Climate Change Secretary Amber Rudd announced plans to restrict the use of the country’s coal-fired power stations by 2023 and close all of the facilities by 2025. “Frankly, it cannot be satisfactory for an advanced economy like the UK […]

The U.S. Senate late on Nov. 17 passed a pair of resolutions that would overturn recent Environmental Protection Agency rules on power plant emissions, rules that form the core of the Obama administration’s Clean Power Plan. The two resolutions, S.J. Res. 23 and S.J. Res. 24, were passed under a little-used provision known as the Congressional Review […]

The Environmental Protection Agency (EPA) on Nov. 16 proposed updates to the Cross-State Air Pollution Rule (CSAPR) with the intent of reducing NOx emissions from power plants in the eastern half of the U.S. The proposed CSAPR update identifies cuts in power plant NOx emissions in 23 states. The EPA said these cuts can be […]

The world must have carbon capture and storage (CCS) technology to address climate concerns, but commercializing CCS will require a level playing field, an industry advisory council appointed by the Department of Energy (DOE) underscores in a new white paper. The report released by the National Coal Council (NCC) on Nov. 10 responds to a […]

Falling power and gas prices will impact the operating cash flows of unregulated U.S. utilities in 2016, but regulated utilities will see a more stable outlook owing to a supportive regulatory environment, Moody’s Investors Service said in a new analysis of fundamental business conditions released on Nov. 6. Moody’s changed its 2016 industry outlook for […]

  As liquefied natural gas (LNG) continues to draw attention in the gas market, with the first new U.S. LNG export terminal in decades coming online next year, another liquefied gas—propane—is beginning to expand its share of the mix as propane power options continue to grow. While propane-powered engines and microturbines have been around for […]

A subcommittee of the House Energy and Commerce Committee has passed two resolutions under a rarely invoked law to render the Environmental Protection Agency’s (EPA’s) newly finalized carbon rules for new and existing power plants toothless. The joint resolutions introduced on Oct. 26 by Energy and Power Subcommittee Chair Rep. Ed Whitfield (R-Ky.) under the […]

Italian energy giant Ansaldo Energia says its acquisition of Alstom’s GT 26 and GT36 gas turbine assets and technology, as required by European regulators, will allow the company to increase its turnover twofold in the coming five years. The firm owned 44.8% by Italian state-owned holding company Fondo Strategico Italiano and 40% by Chinese equipment […]

Following regulatory approval of a $10.6 billion transaction in over 20 countries and regions, GE’s acquisition of Alstom’s energy activities is now complete. GE and Alstom sealed the deal first proposed in early 2014 with the signing of a 1,500-page “master agreement.” GE had initially proposed buying Alstom’s lucrative business for €12.35 billion, but following […]

Levelized Cost of Electricity

South Africa reached a milestone this September when it put online its first large-scale project owned by an independent power producer (IPP). The inauguration of the 335-MW Dedisa Peaking Power plant located

Largely dependent on imported fuel oil, many island systems must grapple with soaring electricity costs and reliability issues, in part because they are isolated and they don’t benefit from economies of scale. But some nations are seeking alternatives. It’s the same story all over the world. To fuel their economies and support growing populations, geographically […]