Legal & Regulatory
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Legal & Regulatory
Coal Power Plant Post-Retirement Options
Deciding to retire a coal-fired unit is often a tough call, but even tougher decisions follow. The next steps taken by a generation owner have multiple economic, environmental, and stakeholder consequences. Since 2000, U.S. generating companies (Gencos) have announced the closure of more than 200 coal-fired power plants, totaling 102 GW of generating capacity. Closures […]
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Legal & Regulatory
Can Anything Save Merchant Nuclear?
In an industry as slow-moving as power generation, where planning horizons are measured in decades and assets can remain in operation for the better part of a century, it’s rare that things happen fast enough to catch anyone by surprise. But that’s exactly what’s happened to the U.S. merchant nuclear business over the past four […]
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Legal & Regulatory
Huge Iowa Wind Farm Gets Go-Ahead
MidAmerican Energy’s Wind XI project in Iowa, which will comprise up to 2 GW of total generation, has received approval from state regulators to proceed with construction, the company said. The $3.6 billion project will place 1,000 turbines at several sites still to be finalized. Plans were announced in April 2016, and the Iowa Utilities […]
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Legal & Regulatory
U.S. and Canada Follow Different Climate Policy Paths—Does One Offer a Competitive Advantage?
Although the U.S. and Canada are both aiming for similar greenhouse gas (GHG) emissions reductions, the two countries are embarking on decidedly different approaches to reaching their goals, according to a report released on August 23. IHS Markit—a company that provides information, analytics, and solutions to customers in business, finance, and government—developed the report, titled […]
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Legal & Regulatory
Texas Coal Plant Wins Tax Appraisal Case, Property Value Cut 60%
The Sandy Creek coal-fired power plant—a 900-MW facility in Riesel, Texas—won a major victory in court on August 19 when a McLennan County jury agreed that the plant was appraised at a much higher value than justified by market conditions. The appraisal district had suggested the plant be valued at $900 million in 2014 and […]
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Legal & Regulatory
New Mexico Clears Hurdle to Provide Power to Facebook Facility
A unanimous vote by New Mexico’s Public Regulation Commission (PRC) today determined that Public Service Co. of New Mexico (PNM) will be allowed to provide new renewable capacity to a proposed Facebook facility through a special service agreement.
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Legal & Regulatory
Republican Tony Clark to Leave FERC in September
Tony Clark, the only Republican on the Federal Energy Regulatory Commission, announced Aug. 4 that the agency’s September meeting will be his last.
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Legal & Regulatory
Despite Policy Shifts, China Faces Huge Coal-Fired Overcapacity
China’s once-booming coal power sector is facing an existential challenge as continued breakneck expansion of new capacity is colliding with flattened growth in power demand, despite increasingly strenuous government efforts to put the brakes on new construction. According to a pair of new studies, China’s overcapacity in coal-fired generation could reach a staggering 400 GW […]
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Legal & Regulatory
Ansaldo Energia Wins Arbitration Dispute Over Siemens Gas Turbine Patents [Updated]
Italian firm Ansaldo Energia successfully defended an arbitration case brought by Siemens in the International Chamber of Commerce (ICC) Arbitral Tribunal regarding its right to use Siemens gas turbine technology under a license agreement, the company said on Aug. 1. The dispute stemmed from an agreement that ran from 1991 through October 2004 under which […]
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Legal & Regulatory
N.Y. Approves Nuclear Subsidies and Mandates 50% Renewables by 2030
The New York State Public Service Commission (PSC) approved New York’s Clean Energy Standard on August 1, likely saving three upstate nuclear power plants, while requiring 50% of the state’s electricity to come from renewable energy sources by 2030. Gov. Andrew Cuomo (D) praised the action in a statement following the announcement. “New York has […]