News
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Coal
World’s Largest Post-Combustion Carbon Capture Project Completed
Petra Nova—a commercial-scale post-combustion carbon capture project designed to remove more than 90% of the carbon dioxide (CO2) from a 240-MW slipstream of flue gas off of the W.A. Parish generating station in Fort Bend County, Texas—has been completed, according to project partners NRG Energy Inc. and JX Nippon Oil & Gas Exploration Corp. The […]
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Renewables
DOE’s Quadrennial Review: 8 Trends That Are Shaping the U.S. Electric System
Beyond major reliability events that have prompted regional blackouts in the past, the U.S. grid faces “imminent danger from cyber attacks,” warns the second installation of the Obama administration’s Quadrennial Energy Review (QER). Here are other key trends outlined in the comprehensive study of the nation’s electricity system. The QER, available on the DOE web site, identifies the threats, […]
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Legal & Regulatory
Deal Reached to Permanently Close Indian Point Nuclear Plant
Entergy Corp. and the state of New York have reached an agreement that will see the Indian Point nuclear power plant retired by 2021. “Key considerations in our decision to shut down Indian Point ahead of schedule include sustained low current and projected wholesale energy prices that have reduced revenues, as well as increased operating […]
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Gas
U.S. LNG Exports Surge in 2016—But Not Where They Were Expected [Updated]
The U.S. took a big step toward becoming a major exporter of liquefied natural gas (LNG) in 2016 as Cheniere Energy’s Sabine Pass export terminal in Louisiana came online early last year and upgrades to the Panama Canal that opened in June made shipments to the Pacific region considerably easier. Data from the Department of […]
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Legal & Regulatory
Experts: If Clean Power Plan Perishes, GHG Regulation Almost Certain Under NAAQS Program
If the Clean Power Plan is scrapped or weakened, the Environmental Protection Agency (EPA) may be forced to regulate greenhouse gases (GHGs) emitted by existing power plant with wider repercussions under its National Ambient Air Quality Standards (NAAQS) program, experts have warned. While President-Elect Donald Trump promised to “scrap” the Clean Power Plan during his […]
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Coal
Coal-Fired Navajo Station Could Close This Year
The 2,250-MW Navajo Generating Station near Page, Ariz., and the associated Kayenta coal mine may close in 2017.
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Renewables
China Plans $363 Billion Investment in Renewables Over Five Years
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 […]
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Nuclear
OPG: Kincardine Nuclear Waste Deep Geologic Repository Is Best Alternative
Ontario Power Generation (OPG) has submitted documents that suggest its plan to permanently store low-level and intermediate-level nuclear waste close to its Bruce Nuclear Generating Station in Kincardine, at an underground site near the eastern shore of Lake Huron, is the best option for disposal. Responding to a February 2016 request for information by the […]
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International
A 2016 Roundup of Power Sector Wheeling, Dealing, and Repositioning
The past year saw an astonishing number of mergers, acquisitions, and business reconfigurations of electricity and energy companies, without any obvious organizing theory. Is it possible to make sense of the activity, or is it just business Brownian motion—aka, random behavior? Gas companies spun off power generating assets. Power companies sold offshore businesses. Independent generators […]
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Coal
IEA: Coal Boom Is Over
If broad policy commitments announced by various countries are implemented, coal will not only lose its rank as the dominant fuel for power generation to renewables by 2040, but the world’s coal fleet will be significantly transformed by technology advances, the International Energy Agency’s (IEA’s) newly released World Energy Outlook (WEO-2016) forecasts. Under a baseline […]
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Legal & Regulatory
A Look Back at 2016: The Year of Transition
A tumultuous election year that was marked by market turmoil, the events of 2016 clearly showed that big change is afoot for the power sector. Many of POWER‘s bold predictions for 2016, such as that the near-simultaneous surge in U.S. natural gas production and recent enactment of environmental rules would reshape the U.S. power sector, […]
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Infographics
THE BIG PICTURE 2016: The Year in Power Sector Infographics
POWER‘s monthly infographic sheds light on power sector trends globally, and in 2016, it highlighted water issues, future coal fleet technologies, U.S. power plant retirements, energy storage technologies, China’s power glut, global emissions limits, and more. January 2016: Future Coal Fleet What the world’s future coal fleet will look like by technology. February 2016: GHG […]
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Coal
U.S. Coal Fleet Continues Contractions Despite Looming Changes in Policy
Some of the U.S. coal market’s own product wound up in its stocking this Christmas season. Despite hope from the election of Donald Trump and a potential shift toward more coal-friendly energy policies, coal plant owners across the country continued the trend toward shutdowns and reduced operations that have marked the past few years. Coal […]
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Legal & Regulatory
Westinghouse’s Losses from Nuclear Business Deal Mount
Toshiba Corp.—the parent of Westinghouse Electric Co.—said it might book huge losses as a result of Westinghouse’s acquisition of the nuclear construction and integrated services business CB&I Stone & Webster Inc. (S&W). Westinghouse closed on its agreement with CB&I in December 2015. When the deal was made, Toshiba estimated that the amount of “goodwill” resulting […]
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Renewables
Oregon Wave Energy Center Gets $40 Million for Test Facility
Oregon State University’s Northwest National Marine Renewable Energy Center was awarded up to $40 million by the DOE to create a wave energy test facility in Newport.
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Coal
DOE’s First Advanced Fossil Fuel Loan Guarantee Commitment Awarded to Methanol Plant with Carbon Capture
The Department of Energy’s (DOE’s) first loan guarantee under an $8 billion solicitation for advanced fossil energy projects may go to a methanol production facility in Lake Charles, La., that will employ carbon capture technology for enhanced oil recovery. The DOE said in a statement on December 21 that it offered a conditional commitment to […]
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Nuclear
AECOM, EnergySolutions Joint Venture to Decommission San Onofre Nuclear Plant
After a 10-month competitive bid process, Southern California Edison (SCE) has selected a joint venture of AECOM and EnergySolutions as the general contractor for the San Onofre Nuclear Generating Station (SONGS) decommissioning. “We are pleased to announce the selection of the AECOM/EnergySolutions team, a global joint venture with extensive commercial and government decommissioning experience around […]
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Nuclear
NRC Issues License for Duke’s Lee Nuclear Project, but Future Uncertain
The Nuclear Regulatory Commission (NRC) said on Dec. 21 that it has issued combined construction-and-operating licenses (COLs) for Duke Energy’s proposed two-unit William States Lee III nuclear plant in Gaffney, S.C. The project, named for long-time Duke executive Bill Lee, would use Westinghouse’s AP1000 design and be located adjacent to the abandoned Cherokee nuclear plant […]
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Legal & Regulatory
Obama and Trudeau Ban Oil & Gas Leasing in Arctic, Parts of Atlantic
In a joint statement on December 20, the leaders of the United States and Canada announced that they had developed a new partnership that effectively bans additional licenses for oil and gas drilling in the Arctic and parts of the Atlantic Ocean.
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Legal & Regulatory
EPA Drops Proposed Model Carbon Trading Rules Ahead of Trump Takeover
The Environmental Protection Agency (EPA) has abandoned an interagency review of draft model carbon trading rules that were issued alongside the final Clean Power Plan to make associated documents public before the Trump administration takes the reins at the agency. The agency proposed the model trading rules as components of state implementation plans that it […]
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Legal & Regulatory
DTE Energy’s Fermi 2 Nuclear Reactor Gets License to Operate for 20 More Years
Fermi 2, a 1,170-MW boiling water reactor owned by DTE Electric on the western shore of Lake Erie, in Monroe County, Mich., has garnered the Nuclear Regulatory Commission’s (NRC’s) green light to operate until March 2045. DTE Electric submitted an application to the NRC to renew the 29-year-old reactor’s operating license in April 2014. The […]
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Climate change
U.S. and Canada Join Forces to Battle Cyberattacks on Electric Grid
A joint strategy released by the governments of the U.S. and Canada to thwart the growing threat of cyberattacks on the electric grid sets three priorities that the countries said would be critical to preserving energy and national security. The “Joint United States-Canada Electric Grid Security and Resilience Strategy,” released on December 15, outlines three […]
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Renewables
FERC Proposes Rule Changes on Interconnect, Fast Start
The Federal Energy Regulatory Commission (FERC) on December 15 proposed reforms to its large generator (20 MW or more) interconnection processes. The notice of proposed rulemaking (or NOPR in FERC-speak) would revise FERC’s 2003 pro-forma large generator interconnection procedures and agreement. At the FERC meeting approving the proposed rule, FERC Chairman Norman Bay said, “Much […]
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Legal & Regulatory
Coal Magnate Tells Trump to Lower His Expectations
Although optimistic about the future of the coal industry under the Trump administration, Robert Murray, CEO of Murray Energy Corp., the largest underground coal mining company in the U.S., does not expect the president-elect to bring back coal mining jobs or spur new coal-fired power plant construction. “I’ve asked President-elect Trump to temper his comments […]
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Legal & Regulatory
Reports Say Trump Picks Montana Rep. Ryan Zinke for Interior
The tumultuous Trump transition took another turn late Tuesday, as reports from many media outlets said he has picked Rep. Ryan Zinke (R-Mont.), a freshman who won a second House term in November’s election, to be Secretary of Interior. Many of the same media sources late last week said Trump would pick Washington Rep. Cathy […]
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Legal & Regulatory
EPA Punts Fracking Impact Question to Trump Administration
As one of its last official acts, the Obama administration Environmental Protection Agency (EPA) backed away from making a definitive statement on the impacts of hydraulic fracturing, saying it lacked sufficient data to quantify their severity and frequency. The 1,200-page final report issued December 13, “Hydraulic Fracturing for Oil and Gas: Impacts from the Hydraulic […]
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Gas
Trump’s Pick for Energy Department: Rick Perry
President-elect Donald Trump has picked former Texas governor Rick Perry to be his energy secretary
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Wind
First U.S. Commercial Offshore Wind Farm Starts Operations
Block Island Wind Farm has begun commercial operations, making it America’s first offshore wind farm. Deepwater Wind and project partners have commissioned and tested the 30-MW installation off the coast of Block Island, R.I., and it is now delivering power into New England’s grid via National Grid’s 20-mile-long sea2shore submarine transmission cable, the company said […]
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Legal & Regulatory
Trump Reported to Name Cathy McMorris Rodgers to Interior
President-elect Donald Trump is expected to name Rep. Cathy McMorris Rodgers (R-Wash.) as his nominee to be Secretary of the Interior. There had been no official announcement as this was being written December 9, but CNBC said it had been informed of the choice by a “senior Trump official.” The Wall Street Journal and the […]
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Renewables
Natural Gas and Wind Are Cheapest Sources of Power in Majority of U.S.
In a finding that is likely to boost controversy over the future of U.S. energy policy, a comprehensive study of the full levelized cost of energy (LCOE) from various sources of electricity conducted by the University of Texas (UT) at Austin’s Energy Institute found that wind turbines and natural gas combined cycle power plants (CCPPs) […]