Hydro

Financially hemorrhaging in 2016 due to uneconomic power plants in its fleet, FirstEnergy Corp. said it may exit the competitive generation business by mid-2018, and shutter its nuclear plants in Ohio, even though it will back legislation to subsidize nuclear power. In a fourth quarter earnings call on February 22, officials from the Akron, Ohio–based […]

China rolled out its latest five-year energy development plan, detailing the country’s aim of investing about 2.5 trillion yuan (more than $363 billion) through 2020 in the development of renewable energy resources. Yang Li Zhe, deputy director of China’s National Energy Board, explained the country’s vision during a press conference held in Beijing on January […]

The ocean power sector is still in its early stages of development, shackled by high development and operational costs. Trends emerging over the past two years hint at which technologies could dominate the sector’s future. Despite decades of research and development that have yielded several innovative ways of using oceans to fuel power generation, the […]

Ontario—Canada’s most populous province and its major economic engine—has an electric power supply system so driven by provincial politics that it has pushed the province’s utility generating arm, Ontario Power Generation, into what appear to be incoherent resource policies. Late last September, in a stunning announcement, the Canadian province of Ontario’s Energy Ministry said it […]

China’s Sichuan provincial government has moved to restrict construction of small and medium hydropower projects between 2016 and 2020 in an effort to improve grid planning and efficiency. Policy proposals posted on the Sichuan government’s website in October seek to prohibit small-scale hydropower projects and limit medium-sized plants over the next five years. Reuters reported […]

Owner/operator: Ethiopian Electric Power Corp. Building the 1,870-MW Gibe III hydroelectric project required unprecedented solutions that took into account the remoteness of the site, the narrow gorge where the dam is located, the height of the dam, and challenges in sourcing reliable materials. Split almost diagonally by the East African Rift System, Ethiopia is a […]

Owner/operator: Korea South East Power Co., Ltd. Few people would view a large coal plant as a place to generate renewable energy. But a Korean utility took a chance on an innovative approach, harnessing the latent energy of the plant’s cooling effluent to drive a trio of hydroelectric plants, and in so doing, created a […]

FirstEnergy Corp.—one of the nation’s largest investor-owned electric utilities, serving customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York—has made the strategic decision to exit the competitive power business. “We have made our decision that over the next 12 to 18 months we’re going to exit competitive generation and become a fully […]

TransCanada—a leading North American energy company—has struck deals to sell its U.S. Northeast Power business. LS Power will acquire three principally natural gas–fired power plants and a wind farm from TransCanada, while ArcLight Capital Partners will buy 13 hydropower facilities located in Vermont, New Hampshire, and Massachusetts. “The sale of our merchant U.S. Northeast Power […]