News

CEO Tom Fanning told Southern Co.’s shareholders attending the company’s annual meeting on May 24 that a decision on how to proceed with the Plant Vogtle nuclear expansion could take several more months. The Vogtle expansion—one of two new nuclear construction projects underway in the U.S. utilizing Westinghouse’s AP1000 technology—has been in limbo, albeit still in […]

The renewable energy sector employed 9.8 million people in 2016, up 1.1% percent from 2015, according to the International Renewable Energy Agency’s (IRENA’s) “Renewable Energy and Jobs Annual Review 2017”, released May 24. “Renewable energy employment worldwide has continued to grow since IRENA’s first annual assessment in 2012, but the last two years have seen […]

Two nuclear plants owned by Exelon Corp. in Illinois and Pennsylvania failed to clear PJM Interconnection’s latest annual capacity auction, putting one of those financially crippled units at risk of early retirement. Meanwhile, procurements for solar, wind, and demand response fell dramatically compared to last year, and drastic price declines could roil the market for […]

President Donald Trump wants to balance the federal budget in 10 years, and it appears he believes that to do so, deep cuts to the nation’s energy research funding are needed. The administration’s fiscal year 2018 (FY18) budget request, released Tuesday, May 23, cuts funding for the Department of Energy (DOE) by $1.7 billion, a […]

Glenn Schleede, one of the most significant and least known figures in U.S. energy policy over the past 50 years, died May 7. He was 83. The cause of death was glioblastoma, a brain cancer he had been fighting for several years. Glenn Schleede Schleede served as a policy analyst and advisor to three Republican […]

In 1957, legendary Calypso singer and civil rights activist Harry Bellefonte recorded “Jamaica Farewell,” which became a major hit in the U.S. The song’s chorus: “Sad to say, I’m on my way, won’t be back for many a day.” That looks like the theme song for nuclear power in the U.S. (and perhaps Western Europe […]

Ohio-based FirstEnergy’s plan for a rescue of its two uncompetitive Ohio nuclear plants took a nosedive May 17, as the Ohio House Public Utilities Committee suspended action on the company’s proposal to charge its customers a fee to subsidize the plants. FirstEnergy’s plan mimics programs adopted in Illinois and New York to create “zero energy […]

  Finnish technology firm Wärtsilä has acquired Greensmith Energy Management Systems, a firm that specializes in energy storage optimization and integration software, for an undisclosed amount. Greensmith, which has designed and deployed more than 180 MW of energy storage at 50 sites globally, has developed a software platform, GEMS, which optimizes the performance of energy […]

Virginia’s governor has directed the commonwealth’s environmental quality agency to establish regulations to curb its carbon emissions from power plants via a carbon trading scheme by the end of this year.  Executive Directive 11 signed by Gov. Terry McAuliffe (D) on May 16 instructs the Department of Environmental Quality to develop a proposed rule to […]

India’s government has given the state-owned Nuclear Power Corp. of India Ltd. (NPCIL) the green light to develop 10 new domestically designed pressurized heavy water reactors (PHWRs). The approval means that NPCIL, the entity that owns and operates India’s 22 nuclear reactors—a total of 6.2 GW—can begin to site and build 10 more 700-MW PHWR […]

Detroit-based DTE Energy wants to slash its carbon emissions by more than 80% from 2005 levels by 2050, a reduction it said is in line with broad targets identified by scientists to address climate change.  The company said on May 16 that it plans to substantially increase investments in renewables, transition its baseload capacity from […]

The Senate Committee on Homeland Security and Government Affairs May 17 advanced a number of bills that could have significant impacts on the future of energy regulation in the future. Four of the bills— the Regulatory Accountability Act (RAA), the Regulations from the Executive in Need of Scrutiny (REINS) Act, the Midnight Rules Relief Act, […]

As the dust from Westinghouse’s recent bankruptcy filing begins to settle, Georgia Power has reached a deal to take over work at its Plant Vogtle nuclear expansion project when the current engineering, procurement, and construction contract on the project ends. The announcement of the intended transfer of management duties came May 12, as an interim […]

In 2016, nuclear power accounted for about 20% of U.S. power generation, but that share is expected to fall to just 11% in 2050, according to the U.S. Energy Information Administration’s (EIA’s) 2017 Annual Energy Outlook (AEO2017). According to the EIA, 25% of the nation’s nuclear capacity, excluding plants that have already announced retirement, is […]

Watts Bar 2, the Tennessee Valley Authority’s (TVA’s) nuclear unit that began commercial operation last October, has been shut down indefinitely owing to a major issue with a condenser revealed this March. TVA spokesman Jim Hopson told POWER on May 11 that the reactor—the first new nuclear unit to begin operations in the U.S. in more than […]

The flood of cheap Marcellus Shale gas driving massive construction of new natural gas power generation capacity could wreak havoc in the PJM power market, Moody’s Investors Service suggests in a new report. Two of the nation’s largest power markets, Texas and California, already pose a “distressed environment” for unregulated power companies owing to declining […]

Dominion Resources, one of the nation’s largest power generators, has changed its name and the names of key subsidiaries, including Dominion Virginia Power. The Richmond, Va.–headquartered company that has a power portfolio of 26.2 GW, sizable transmission assets, as well as natural gas storage systems and pipelines, will now be known as “Dominion Energy.” The […]

President Trump on Monday made two nominations to fill vacancies at the Federal Energy Regulatory Commission (FERC), which, if confirmed, would restore the agency’s quorum and ability to take action. Neither nominee was a surprise. Both names had long circulated in Washington. The mystery was why it took so long—three months—for the administration to fill […]

Still trying to figure out exactly what Westinghouse’s bankruptcy is going to mean for the project, SCANA Corp. subsidiary South Carolina Electric & Gas Co. (SCE&G), announced in its first quarter progress report that the two-unit expansion of Virgil C. Summer Nuclear Station is more than 64% complete. Westinghouse filed for bankruptcy on March 29, […]

Sitting on a panel during the Bloomberg New Energy Finance Summit in New York City on April 24, Michael Bloomberg proclaimed that carbon capture and storage (CCS) is “total bullshit.” That statement was not received well by Trude Sundset, CEO of Gassnova, Norway’s state enterprise for the development of CCS. “There’s a whole new world […]

The Environmental Protection Agency (EPA) has announced it is working on guidance to give states the flexibility in implementing programs for the management of coal combustion residuals (CCR) disposal. In an April 28 letter to state governors, EPA Administrator Scott Pruitt described the agency’s steps to implement a “new authority” for authorizing state CCR management […]

The owners of the Vogtle and V.C. Summer nuclear expansions separately secured a few more weeks to allow work to continue onsite at each project while they decide how to proceed with the half-built AP1000 reactors after Westinghouse’s financial debacle. In Georgia, owners of the project to expand Plant Vogtle extended an interim assessment agreement […]

In two separate actions over the past 24 hours, the D.C. Circuit granted the Environmental Protection Agency’s (EPA’s) request to suspend cases challenging the Clean Power Plan and the Mercury and Air Toxics Standards (MATS).   The orders are the latest in a series of similar actions over the past month by the D.C. Circuit that […]

As Dynegy moved this week to assume full ownership of two struggling Ohio coal plants it co-owns with AES Corp. subsidiary DPL Inc., the company’s CEO reportedly said it is mulling withdrawing its presence from downstate Illinois owing to the state’s intervention to keep its nuclear plants running. Dynegy CEO Robert Flexon told Crain’s Chicago Business […]

Rain and snow has returned to California, ending the record-setting drought with record-setting precipitation. The drought led to forest fires, dead orchards, and brown lawns. It also took a big bite out of ratepayers’ wallets and increased global warming emissions, due to the loss of low-cost, zero-emission hydropower. In a study released April 26 by […]

President Donald Trump is getting a lot of advice about the Paris Agreement on climate change lately, though it remains uncertain what he’ll do with it. A group of more than a dozen companies, including some power industry big hitters, sent a letter April 26 to the president calling for continued involvement in the agreement. […]

Natural gas supply and price, along with lower electric demand and the growth of renewables, have been far more responsible for the decline in the U.S. coal industry than environmental regulations, according to a new study by Columbia University’s Center on Global Energy Policy and the Rhodium Group, a New York consulting firm. That means […]

GE Power signed a landmark deal to provide operations and maintenance (O&M) services for 10 power plants with a combined capacity of 11 GW. Sonelgaz SPE, a state-owned utility in charge of electricity and natural gas distribution in Algeria, owns the facilities. The agreement includes technology upgrades designed to enhance energy efficiency—allowing more than 420 […]

The impact of Westinghouse Electric Co.’s March 29 bankruptcy filing will be felt throughout the U.S. nuclear power industry, accord to an April 19 report released by the Congressional Research Service (CRS). “The bankruptcy filing raised fundamental questions about the future of the U.S. nuclear power industry, and particularly whether four new reactors that Westinghouse […]

The Trump administration is “closely” reviewing the Environmental Protection Agency’s (EPA’s) final cost consideration finding for its Mercury and Air Toxics Standards (MATS) to determine whether it should reconsider the rule or some part of it, it said in an April 18 federal court filing. The EPA filed a motion with the D.C. Circuit urging […]