Legal & Regulatory
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Legal & Regulatory
Ex-Im Bank Reauthorization Stalled, Even as House Prepares to Adjourn
Though the U.S. Senate voted 64–29 this week to renew the charter of the Export-Import Bank of the United States (Ex-Im), the House may adjourn for its summer break without taking action on the issue. Congress let the Ex-Im bank’s charter lapse for the first time in its 81 years of continuous operation on June […]
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Legal & Regulatory
Power Sector Braces for Final Clean Power Plan Rule
With the Environmental Protection Agency (EPA) expected to issue its final rule on power plant greenhouse gas emissions under the administration’s Clean Power Plan (CPP) early next week, reports strongly suggest the revisions will extend compliance deadlines in response to power sector complaints about a too-aggressive schedule in the proposed rule. A July 28 report […]
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Legal & Regulatory
Hawaiian Electric, NextEra Merger Faces MajorTroubles
NextEra Energy’s $4.3 billion bid to buy Hawaiian Electric Industries faces big, perhaps insurmountable, obstacles before the Hawaii Public Utilities Commission, which opened the record on the deal last week. The commission published the public filings in the case, which were overwhelmingly negative. Hawaii’s governor, David Ige, panned the deal in a press conference on […]
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Legal & Regulatory
Coal Ash Bill Clears U.S. House
The U.S. House of Representatives on July 23 passed by a 258–166 vote a coal ash bill that industry and states say is much-needed, but which the White House has threatened to veto. The Improving Coal Combustion Residuals Regulation Act of 2015 (H.R. 1734) sponsored by Rep. David McKinley (R-W.Va.) seeks to implement standards finalized […]
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Legal & Regulatory
Expert: 90% of U.S. Population Could Die if a Pulse Event Hits the Power Grid
When a large electromagnetic pulse (EMP) or geomagnetic disturbance (GMD) event occurs—which, according to Sen. Ron Johnson (R-Wis.), there is “100% certainty” will happen at some time in the future—as many as 9 out of 10 people in the U.S. could die. Johnson, chairman of the U.S. Senate Committee on Homeland Security & Governmental Affairs, […]
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Legal & Regulatory
Talen Energy Sinks Its Talons into Three Power Plants, 2.5 GW of Capacity
Talen Energy Corp. announced on July 20 that it has agreed to acquire MACH Gen LLC, which owns three combined cycle, natural gas–fired power plants with more than 2.5 GW of total capacity for $1.175 billion. Talen Energy was formed on June 1 when PPL Corp. spun off its PPL Energy Supply business and combined […]
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Legal & Regulatory
New Coal Ash Bill Unveiled in the Senate
Senators John Hoeven (R-N.D.) and Joe Manchin (D-W.Va.) have introduced a much-awaited coal ash bill in the Senate that they say will provide more certainty than will the Environmental Protection Agency’s (EPA’s) final rule alone. The bill introduced on July 17 is companion legislation to a measure introduced by Reps. John Shimkus (R-Ill.) and David […]
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Legal & Regulatory
McCarthy: Supreme Court Decision on MATS Won’t Affect the Clean Power Plan Rule
Environmental Protection Agency (EPA) Administrator Gina McCarthy remains firm in her resolve to create a landmark rule to reduce carbon emissions from power plants later this year. Speaking at the St. Regis Hotel in Washington, D.C., during an event sponsored by AREVA and hosted by The Christian Science Monitor, McCarthy said, “Last week’s ruling will […]
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Legal & Regulatory
Regulator Orders Mississippi Power to Issue Kemper IGCC Rebates
Mississippi Power must rebate $281 million in funds collected since 2013 for rate increases related to the lignite-fired power plant under construction in Kemper County, the Mississippi Public Service Commission (MPSC) ordered on Tuesday. The state regulatory body also ordered the company and its parent company Southern Co. to stop collecting Kemper’s rate on customer […]
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Legal & Regulatory
Germany Moves to Idle Coal Plants, Set up “Capacity Reserve”
Five of Germany’s largest lignite power plants will be mothballed to allow the country that is already phasing out nuclear power to meet ambitious climate goals by 2020. In what it called a “milestone decision,” the government on July 2 agreed to scrap plans to impose a controversial—and by some accounts, illegal—climate tax for conventional […]