News

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • [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 […]

  • 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 […]

  • Work Suspended on Coal Power Plant Following Protests, Nuclear Plant Moves Forward

    S. Alam Group has suspended work at the site of a proposed 1,224-MW coal-fired power station in Chittagong, Bangladesh, due to safety concerns following a rally that ended with four protesters dead on April 4. According to multiple sources, groups opposing construction of the plant agreed on April 10 to halt their activities for 15 […]

  • Video: The Implosion of Part of Duke Energy’s Sutton Coal-Fired Plant

    After 64 years as a landmark in Wilmington, N.C., one of three boiler units at Duke Energy’s retired coal-fired L.V. Sutton Plant crumpled in a dusty heap of contorted steel and splintered glass on April 10. The implosion is the first of three similar events to take place at the Sutton Plant. The next is […]

  • Puerto Rico Utility Moves to Restructure $9B in Debt

    A plan to restructure $9 billion in Puerto Rico Electric Power Authority (PREPA) debt—an eighth of the Commonwealth of Puerto Rico’s staggering $72 billion in debt—surfaced at the U.S. territory’s energy regulator, the Puerto Rico Energy Commission last week on April 7.

  • Four Killed While Protesting Coal Power Plant Construction Project

    Multiple international news organizations have reported that at least four people were killed, and as many as 100 more were injured, when police opened fire on an estimated 1,500 villagers who were protesting the construction of two coal-fired power plants in Chittagong, in southeastern Bangladesh, on April 4. Discord Over Power Plant According to reports […]

  • Is a New Hybrid System the Cure for Coal Power’s Ills?

    Researchers at the Massachusetts Institute of Technology (MIT) have combined two proven technologies to create a new hybrid system that could produce electricity, using coal as a fuel source, at nearly double the efficiency of conventional coal-fired power plants. The concept—proposed by MIT doctoral student Katherine Ong and Ronald C. Crane (1972) Professor Ahmed Ghoniem—combines […]

  • Air Emissions Tampering Leads to Felony Charges at Power Plant

    The owner and management company of the Berkshire Power Plant—a 252-MW natural gas–fired combined cycle plant located in Agawam, Mass.—agreed to plead guilty on March 30 to felony charges that the companies violated and conspired to violate the federal Clean Air Act. The indictments against Berkshire Power Co. (BPC), the owner of the plant, and […]

  • Vietnam Reconsiders New Coal-Fired Power Plants

    Vietnam, which has long been a coal exporter, is considering a hiatus in licensing new coal-fired power plants because it says domestic coal reserves won’t be enough to feed generators starting in 2020

  • Bankruptcy Shadows Two High-Profile Solar Companies

    Two renewables giants with a hefty global reach are facing debilitating financial crises. SunEdison on the Verge of Bankruptcy California-headquartered solar project developer SunEdison, a company that has 1,000 operational sites worldwide and is staffed by 3,000 employees, is facing a liquidity crisis so dire, the company’s yieldco TerraForm Global warned in a March 29 […]

  • State AGs Join Forces to Ramp Up Investigations of Climate Change Financial Disclosures

    A handful of attorneys general want to join forces on ongoing and potential investigations into whether fossil fuel companies misled investors and the public about the impact of climate change on their businesses. New York Attorney General Eric T. Schneiderman announced the joint effort on March 29, during a one-day climate change conference for attorneys […]

  • Inspections at Indian Point Nuclear Plant Identify Missing Bolts in Reactor

    While conducting a comprehensive inspection on more than 2,000 of the reactor’s removable insert liner bolts during a Unit 2 planned outage at the Indian Point nuclear power plant, engineers identified issues with approximately 11% of them, requiring further analysis. Some of the bolts—and the bars meant to hold them in place—were missing, while others […]

  • Edison Moves Toward Energy as a Service

    Edison International, parent company of Southern California Edison (SCE), announced on March 29 that it’s launching a new business unit called Edison Energy that will provide energy consulting services to large energy consumers across the country to help them in identifying and exploiting opportunities to lower energy costs, reduce complexity of energy management, and meet […]

  • Clean Power Plan Backers Petition Court in Support of EPA

    A diverse coalition of major investor-owned utilities, public power authorities, and one of the largest independent power producers, as well as a combination of cities and states, clean energy groups, and environmental groups, filed briefs with the D.C. Circuit Court of Appeals in support of the Environmental Protection Agency’s (EPA’s) Clean Power Plan. The involved […]

  • EEI Gets Pushback on Proposed Rebranding of Utility Solar

    The Edison Electric Institute has come under fire for a new communications plan that was intended to depict utilities as more community-minded.

  • D.C. Regulators Approve Exelon-Pepco Merger

    Exelon’s acquisition of Pepco Holdings was approved March 23 as the District of Columbia Public Service Commission approved the deal by a 2-1 vote.

  • Is Nuclear Energy “Toast”?

    “My sense as I speak to you here today is that nuclear energy is toast,” said New York Times Reporter Eduardo Porter, as he opened a panel discussion titled “Nuclear Energy and the Clean Energy Future” held at the New York University School of Law on March 23. “Despite the challenge from climate change that […]

  • Briefs: States Act on EPA Clean Power Plan Measures Despite Uncertainty

    Over the past week, several states took action on the Clean Power Plan as Senate Majority Leader Mitch McConnell (R-Ky.) urged governors to “wait and see” on the carbon rule, and the Environmental Protection Agency’s (EPA’s) chief defended the rule. McConnell Urges Governors to Halt Compliance Work. In a March 21 letter to the National […]

  • Turkey Point Faces Lawsuit Over Cooling Canal Leaks

    Two environmental groups on March 22 filed a notice of intent to sue Florida Power & Light (FPL) in federal court over leaks from the utility’s Turkey Point Nuclear Plant south of Miami that have raised concerns about contamination of area drinking water. The problems began several years ago, after FPL completed an uprate at Turkey […]

  • Consumers Energy Shuts Down Seven Coal Plants

    As it promised last May, Michigan-based Consumers Energy is shuttering seven of its oldest coal-fired plants, which make up more than two-thirds of its coal fleet. Consumers Energy made the decision last year in response to changing environmental regulations and market conditions that made it uneconomic to continue operating the plants. The seven units, all […]

  • Emerging Microgrid Business Models

    Whether utilities, technology providers, or independent third-party upstarts are best suited to create a reliable recipe for microgrid development remains an open question.

  • Microgrid Development Lessons Learned

    Although new microgrid configurations, technologies, and business models are still evolving in the U.S., some lessons have been learned in the past few years. Aside from the fact that financing nontraditional/non-campus microgrids is hard, if there’s one overarching lesson, it’s that a microgrid designed to provide only one benefit or rely on only one generation source is unlikely to succeed.

  • A Review of Supreme Court Nominee Merrick Garland’s Power-Related Cases at the D.C. Circuit

    Merrick Garland, chief judge of the U.S. Court of Appeals for the District of Columbia, is President Obama’s nominee to the U.S. Supreme Court. Here’s a roundup of Garland’s more recent power sector rulings. July 2015: On Backup Generators Chief Judge Garland and senior circuit Judges Williams and Randolph repealed part of the Environmental Protection […]