News
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Renewables
Renewable Energy Development Breaks Records and Leaps Ahead of Fossil Fuels Worldwide
Hands down, 2015 was a record year for global investment in renewable energy. Excluding large hydroelectric projects, the amount of money committed to renewables rose 5%, to $285.9 billion, exceeding the previous record of $278.5 billion reached in 2011.
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Coal
ERCOT: Uncertainty Increased in 10-Year Outlook
Uncertainty concerning a number of environmental rules is clouding planning measures, the Electric Reliability Council of Texas (ERCOT) said on May 3. Citing its latest Capacity, Demand, and Reserves (CDR) report—a snapshot of existing and planned resources and load forecasts for the next 10 years—the grid entity that manages about 90% of Texas’ electric load […]
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Nuclear
GAO Chides DHS for Not Doing Enough to Prepare for EMP, Solar Storm Threats to Grid
The Department of Homeland Security (DHS) internally recognizes that a power grid failure resulting from an electromagnetic pulse (EMP) or a solar storm can pose great risk to the security of the nation, but it hasn’t prepared adequately, the Government Accountability Office (GAO) said in a newly released report. The GAO’s 68-page report, “Federal Agencies […]
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Nuclear
Nuclear Reactor Baffle Bolt Problems Are Widespread Concern
Public Service Enterprise Group (PSEG) anticipates extending Salem Nuclear Generating Station’s Unit 1 refueling outage, which began on April 14, so it can inspect, repair, and replace damaged baffle bolts within the plant’s reactor vessel, according to information presented in the company’s first quarter earnings announcement. A PSEG spokesperson told POWER that visual inspections at […]
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O&M
NRC Approves Measurement-Related Uprate at Duke Energy’s Catawba Reactor
Duke Energy’s request to increase the generating capacity of Unit 1 at its Catawba Nuclear Station by 1.7% by more precisely measuring feedwater flow has been approved by federal regulators. Staff at the Nuclear Regulatory Commission (NRC) found on May 4 that Duke Energy could safely increase the reactor’s output “primarily through more accurate means […]
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Coal
Dynegy to Shut Down 30% of Southern Illinois’s Power Generation Capacity
Dynegy Inc. announced on May 3 that it plans to shut down multiple Illinois coal-fueled units due mainly to the failure of the plants to recover basic operating costs in recent Midcontinent Independent System Operator (MISO) capacity auctions. According to the company, the generation that will be lost is 2,800 MW—about 30% of the total […]
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Renewables
Spain’s Power System Slashes Debt in 2015
Spain’s power sector, which has been shaken financially in recent years owing to plunging power demand, posted its first electricity tariff surplus in 14 years at the end of 2015. The National Markets and
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Nuclear
A Supercritical CO2–Cooled Small Modular Reactor
A small modular reactor (SMR) system that uses a supercritical carbon dioxide (CO2) Brayton cycle instead of the steam Rankine cycle is under development at the Korea Advanced Institute of Science and
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Coal
A Breakthrough Carbon-Capturing Algae Project
A research photobioreactor designed to capture significant amounts of carbon dioxide (CO2) from power plant flue gas for high-density algae cultivation is showing promise. The bioreactor patented by California-based algal firm PHYCO2 is undergoing a multi-year trial at Michigan State University’s (MSU’s) T.B. Simon Power Plant, a co-generation plant that provides steam, heat, and power […]
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Legal & Regulatory
German Companies Hope to Take Energiewende to Iran
Taking full advantage of the international political thaw with Iran, Germany has begun working closely with the fossil fuel–rich nation to develop renewable energy strategies based on the successes and failures its policymakers have learned from its own Energiewende (energy transition). To jumpstart this, Germany’s government recently released a commissioned report titled “Enabling PV Iran,” […]
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Coal
Malaysia Commissions 1-GW Ultrasupercritical Coal Plant
Malaysia, a country that has historically depended on oil and natural gas for energy, put online a $1.67 billion ultrasupercritical coal-fired power plant this March. Malaysian firm Malakoff Corp.’s giant 1-GW Tanjung Bin Energy Power Plant (T4) entered commercial operation this March, on schedule, four years after construction began (Figure 6). 6. The face of […]
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Coal
South Africa Makes Strides in Securing Power System
South Africa’s power system is preparing to receive a critical capacity boost. In March, state-owned utility Eskom grid-synchronized the first of four units of the Ingula Pumped Storage project in
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International
POWER Digest
WTO Rules Against India in Solar Power Dispute. A mandate that certain types of solar cells and modules used for India’s ambitious state-backed solar initiative must be domestically manufactured violate
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Renewables
World Sees Hydropower Boom Driven by International Agreements, Financing Shifts, Technological Advancements
The world added 33 GW of new hydropower capacity in 2015, including 2.5 GW of pumped storage, the International Hydropower Association (IHA) said in a recent brief. The new capacity made up only 3% of the
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Nuclear
NRC License Application Submitted for Spent Nuclear Fuel Interim Storage Facility
Development of a consolidated interim storage facility (CISF) took a significant step forward this week with a license application submitted to the U.S. Nuclear Regulatory Commission (NRC) on April 28 by Waste Control Specialists LLC (WCS), with support from AREVA, for a CISF in Andrews County, Texas.
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Coal
Seven Dead From Hot Water Accident at Power Plant in India
Seven workers have reportedly died from an April 20 incident at Adani Power’s coal-fired 4.6-GW Mundra power plant in Gujarat, India, that involved a pipeline hot water release. The accident occurred at about 11:15 a.m. on April 20 as Unit 4, one of the ultra mega power plant’s nine 660-MW units, was being restarted after […]
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Legal & Regulatory
FERC Blocks Ohio Power Plant Subsidy Deal
Throwing yet another twist into a long-running saga, the Federal Energy Regulatory Commission (FERC) on April 27 blocked a pair of power purchase agreements (PPAs) that would have supported continued operation of FirstEnergy’s Davis-Besse nuclear plant and several aging coal-fired plants belonging to FirstEnergy and AEP. The Pubic Utilities Commission of Ohio approved the PPAs […]
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Coal
China Slams the Brakes on Coal
China’s National Development and Reform Commission and National Energy Administration on April 25 suspended or slowed plans for more than 100 GW of coal-fired capacity across the country in a bid to rein in overcapacity in the generation sector and bolster efforts to improve air quality. The order affects around 200 plants currently in development […]
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Renewables
Senate Votes to Restore Funding for Wind Energy Research and Development
The U.S. Senate passed an amendment on April 26 that would restore funding for wind energy research and development (R&D) in fiscal year 2017 to $96.4 million—the same amount funded this fiscal year. The amendment passed by a vote of 54–42 as part of Senate consideration of the Energy and Water Development and Related Agencies […]
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Gas
Historic and Trend-Setting Siemens Turbine Manufacturing Plant Hits Milestone
On April 27, 2016, Siemens’ century-old factory in Berlin will celebrate the shipment of its 1,000th in-house-produced gas turbine.
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Legal & Regulatory
EPA Motions Court for Weighty Changes to Final Coal Ash Rule
A recent motion filed by the Environmental Protection Agency (EPA) asking a federal court to remand parts of its final coal combustion residuals (CCR) rule could have major new consequences for the power sector if upheld, an expert has said. In its 16-page motion filed on April 18, the agency asked the U.S. Court of Appeals […]
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Gas
GE Continues Its Buying Spree
GE is doubling down on industrial markets, as its efforts to acquire the drilling unit of Halliburton and its two acquisitions in the power space this month demonstrate.
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Renewables
Five Takeaways From the ELECTRIC POWER Executive Roundtable
Executives from power companies operating in different markets revealed how their firms are being affected by low natural gas prices, pressures to achieve fuel diversity, distributed energy generation, and lax demand growth, among a number of topics. The annual executive roundtable panel at the ELECTRIC POWER Conference and Exhibition on April 19 was moderated by […]
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Renewables
Environmental Experts Underscore Clean Power Plan Uncertainty
Even if the Clean Power Plan (CPP) doesn’t overcome legal challenges, it is likely that many states will implement carbon-curbing measures set down by the rule, some panelists said at the Environmental Mega Session at the ELECTRIC POWER 2016 conference in New Orleans on April 19. The Rule’s Shaky Legal Standing The rule is […]
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Finance
Mergers and Acquisitions in the Power Sector Soar in 1Q 2016
The volume and value of mergers and acquisitions (M&A) in the first quarter of this year have soared, according to the accounting and financial consulting firm PwC. According to PwC’s quarterly snapshot, American Power & Utilities Deals: Q1 2016, “The first quarter was the most active for power and utilities in recent history, with 22 […]
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Legal & Regulatory
Senate Passes Comprehensive Energy Bill, Future Uncertain
By an 85-12 vote, the U.S. Senate passed the first comprehensive energy bill in nearly a decade, bringing a successful conclusion to months of legislative effort and overcoming a series of roadblocks in the full Senate related to the water quality crisis in Flint, Mich. The product of more than a year of bipartisan work […]
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O&M
Resilience and Change in a Digital Future
Two senior power sector executives opened the 2016 ELECTRIC POWER Conference and Exhibition in New Orleans April 19 with a message that generators need to “think big” and embrace possibilities of disruptive technologies—or risk being run over on the road to the future. Leo Denault, chairman and CEO of Entergy Corp., delivered the opening keynote […]
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Legal & Regulatory
Supreme Court Strikes Down Maryland Power Plant Subsidies
In a unanimous ruling, the U.S. Supreme Court upheld a lower court decision that a program Maryland initiated in 2012 to subsidize power plant construction impermissibly invaded the Federal Energy Regulatory Commission’s (FERC’s) authority over interstate power markets. The case, Hughes v. Talen Energy Marketing, grew out of a decision by the Maryland Public Service […]
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Legal & Regulatory
[UPDATED] EPA Stands Ground on MATS with Final Cost Consideration
Public benefits offered by the Mercury and Air Toxics Standards (MATS) far outweigh the costs, the Environmental Protection Agency (EPA) said as it released a review of the 2012-finalized rule’s cost implications. The final cost consideration—released just days before power plants that received a one-year extension must come into compliance with the rule—was prompted by […]
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Renewables
Peabody, Optimistic About Coal’s Future Stability, Seeks Bankruptcy Protection
Financially bruised Peabody Energy Corp.—the world’s largest privately owned coal mining firm—is seeking bankruptcy protection. The St. Louis–headquartered company filed for voluntary Chapter 11 protection in a desperate attempt to strengthen liquidity and reduce debt amid what it says has been an “unprecedented industry downturn.” It filed petitions for most of its U.S. entities in […]