News
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Nuclear
85% of Major Equipment Delivered to V.C. Summer Nuclear Power Plant Construction Site
According to Steve Byrne, COO of South Carolina Electric and Gas Co. (SCE&G), 85% of the major equipment necessary to build V.C. Summer Units 2 and 3 is onsite, and of the remaining components, a lot of them are physically constructed waiting to be transported or are already loaded on ships headed to South Carolina. […]
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Coal
GE’s Immelt: It’s a World of “Slow Growth and Volatility”
We live in a world of “slow growth and volatility,” said Jeffrey Immelt, chairman and CEO of General Electric, but there’s an opportunity to “make a lot of money” if you have courage in such times.
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Coal
Nieto: Mexico’s Energy Transition Will Persevere Despite Dismal Oil Prices
Mexico’s ongoing energy reform is a “paradigm shift” in the way the country obtains, transforms, and exploits its energy resources, President Enrique Peña Nieto told attendees at IHS CERAWeek on February 22. The reform allows the state to maintain ownership of hydrocarbons underground, but it also encourages private participation in the entire hydrocarbon value chain […]
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Legal & Regulatory
A Rollercoaster Week for the Clean Power Plan
In the week since the highest court in the U.S. issued an unprecedented ruling to stay the Clean Power Plan—as at least two states suspended compliance efforts—the passing of Supreme Court Justice Antonin Scalia may have boosted the odds that the Obama administration’s efforts to stem power plant carbon emissions will pass judicial review. The […]
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Legal & Regulatory
Seventeen U.S. Governors Sign Clean Energy Accord
The governors of 17 U.S. states on February 16 signed a landmark agreement to cooperate on expanding clean energy, energy efficiency, and modernizing energy infrastructure. The Governors’ Accord For A New Energy Future makes the case that “new energy solutions” can “provide more durable and resilient infrastructure, and enable economic growth, while protecting the health […]
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Renewables
Morgan Stanley Investment Banker “Bearish” on New U.S. Nuclear
Despite the positive attributes of nuclear power—zero carbon emissions, reliable generation, low fuel costs, and a small footprint—the outlook for new nuclear in the United States is “bearish,” said Anthony Ianno, a Morgan Stanley managing director who follows the electricity business as an investment banker and dealmaker.
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Nuclear
TVA Explores Sale of Bellefonte Nuclear Power Plant Site
It’s looking less and less likely that the Tennessee Valley Authority (TVA) will ever finish construction as it was once envisioned for its Bellefonte Nuclear Plant. POWER confirmed through a media spokesperson that the TVA has notified federal authorities that it is withdrawing its application for two combined construction permits and operating licenses for Units […]
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Nuclear
Wisconsin’s Senate Lifts Ban on New Nuclear Plant, Bill Heads to Governor
Wisconsin’s Senate has voted to lift a longstanding ban on building new nuclear plants unless a federal site exists to store the waste and it can be shown to benefit ratepayers. The Senate voted 23–9 for Senate Bill 384, with several Democrats joining Republicans in voting for the measure. The bill now heads to the […]
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Gas
Is Small-Scale LNG an Option for Distributed Generation?
In large part because of swelling supplies of natural gas, and failing crude oil prices that have helped depress gas prices around the world, as well as because of its environmental advantage over fuel oil, liquefied natural gas (LNG) is garnering growing interest as a generation fuel. While huge, multi-billion-dollar LNG import and export terminals […]
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Nuclear
EDF Energy Extends Life of Four UK Nuclear Power Plants
EDF Energy announced on February 16 that it is extending the closure dates for four of its nuclear plants in the UK. Heysham 1 and Hartlepool will be extended by five years to 2024, while Heysham 2 and Torness will be extended seven years to 2030. The decision follows extensive technical and safety reviews, according […]
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Nuclear
NYISO Warns of Power Capacity Gap When Ginna, FitzPatrick Nuclear Plants Are Closed
Closure of Exelon’s 614-MW R.E. Ginna and Entergy’s 882-MW James A. FitzPatrick nuclear plants will leave New York with a statewide power deficiency starting in 2019, the New York Independent System Operator (NYISO) has concluded. A generator deactivation assessment issued on February 11 that is focused on reliability impacts stemming from the deactivation of the FitzPatrick […]
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Cybersecurity
Obama’s National Action Plan for Cybersecurity Seeks Boosts in Personnel Awareness, Protections
A national action plan issued by the White House seeks to take near-term actions to enhance cybersecurity awareness and protections, including investing more than $19 billion in resources for cybersecurity. The Cybersecurity National Action Plan (CNAP) announced on February 9 is the “capstone” of more than seven years of efforts by the Obama administration to tackle […]
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Legal & Regulatory
Supreme Court Stays Implementation of Clean Power Plan
Dealing a major blow to the Obama administration’s climate agenda, the U.S. Supreme Court by a 5-4 vote stayed implementation of the Environmental Protection Agency’s (EPA’s) Clean Power Plan (CPP) pending a decision on its legality in the D.C Circuit Court of Appeals. The one-page order gives no explanation for the court’s action, but issuance […]
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Coal
Duke Energy Mulls Sale of International Power Plants
Duke Energy is considering the sale of all or most of its international power plants, about 4,400 MW dispersed throughout Central and South America. The company’s international business segment, Duke Energy International (DEI), was forced to make the disclosure in light of a required statement from its Brazilian subsidiary, Duke Energy International, Geração Paranapanema S.A. […]
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T&D
Fortis’ $11.3B Acquisition of ITC Holdings Marks Foray into U.S. Regulated Markets
Canadian utility Fortis wants to acquire ITC Holdings Corp., the largest independent electric transmission company in the U.S., to benefit from “low-risk” regulated power markets. The deal valued at about $11.3 billion will allow Fortis to enter the U.S. regulated power market overseen by the Federal Energy Regulatory Commission (FERC), providing a “unique, highly diversified, […]
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Energy Storage
California Utility Axes Big Pumped Storage Project
The 400-MW Iowa Hill pumped storage project, planned for a site east of Sacramento as a means of dealing with ever-growing renewable generation in the area, has been canceled by its developer, the Sacramento Municipal Utilities District (SMUD), because of spiraling costs. The Iowa Hill project (Figure 1) was a planned expansion of the Upper […]
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Legal & Regulatory
Duke Energy Fined $6.6 Million for Dan River Coal Ash Spill
The North Carolina Department of Environmental Quality (NCDEQ) issued a $6.6 million fine to Duke Energy on February 8 for environmental violations related to the February 2014 coal ash spill from the Dan River power plant near Eden, N.C. Although the fine is not insignificant, it pales in comparison to the $102 million the company […]
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Nuclear
More Headaches for Indian Point Nuclear Plant, Radioactive Water Found in Wells
Entergy Corp.—owner and operator of the Indian Point nuclear power plant located in Buchanan, N.Y.—announced on February 6 that it had discovered elevated levels of tritium in samples from three of its groundwater monitoring wells at the facility. The samples were taken as part of the plants ongoing comprehensive groundwater-monitoring program. Although the company said […]
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Nuclear
German City to Sue Belgian Nuclear Power Plant
Reports out of Germany suggest that the city of Aachen plans to sue the Tihange nuclear power plant over what it claims is the plant’s failure to adequately address safety issues at the facility. Aachen—a city with roughly 250,000 people—is located about 71 km (44 miles) west of Cologne on Germany’s border with Belgium and […]
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Coal
Kemper IGCC In-Service Date Pushed to Q3, Costs Surge Again
Mississippi Power’s lignite-fired Kemper County integrated gasification combined cycle (IGCC) power plant is seeing yet another delay and $110 million in new costs, a filing with state regulators shows. The company’s December 2015 monthly status report for the nation’s first commercial power plant that will capture and store carbon dioxide anticipates that it will now […]
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Legal & Regulatory
EPA, DOE Experts Upbeat on Regulatory Agenda
The Environmental Protection Agency’s (EPA’s) acting administrator of the Office of Air and Radiation, and the Department of Energy’s (DOE’s) head of clean coal and carbon management gave upbeat assessments of the Obama administration’s regulatory agenda and power sector priorities speaking at the EUEC 2016 conference in San Diego on February 3. Janet McCabe of […]
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Gas
Dominion Resources Agrees to Acquire Questar, Adding to Its Natural Gas Portfolio
Richmond, Va.–based Dominion Resources announced on February 1 that it would add to its more than 12,000 miles of natural gas transmission, gathering, and storage pipeline, by acquiring Salt Lake City, Utah–headquartered Questar Corp. The $4.4 billion deal would pay Questar shareholders $25 per share of common stock, a 30% premium to the company’s volume-weighted […]
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Nuclear
Japan Restarts Third Nuclear Reactor, a MOX Unit
Following rigorous safety checks, Kansai Electric Power Co. on February 1 restarted a unit that uses a uranium-plutonium mixed oxide (MOX) fuel at its Takahama nuclear plant in Japan’s Fukui prefecture. The unit is the third restarted in Japan since the country’s Nuclear Regulation Agency (NRA) idled all reactors and began safety checks in the […]
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Renewables
German Battery Firm Sonnen Moves into U.S. Home Solar-Storage Market
Look out Tesla, the Germans are coming. The U.S. residential energy storage market took another step forward on January 29 when German firm sonnen announced that it was partnering with solar manufacturer SolarWorld to offer residential solar-plus-storage systems in the U.S., much like the systems announced by Tesla and Solar City last April. Unlike […]
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Legal & Regulatory
New York Launches $5B Clean Energy Fund
The New York State Public Service Commission on January 21 approved a 10-year, $5 billion Clean Energy Fund that is expected to address climate change and strengthen resiliency in the face of extreme weather. It will also bolster Gov. Andrew Cuomo’s aggressive Clean Energy Standard, which calls for the state to meet 50% of its […]
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O&M
Winter Storm Wallops East Coast, Disrupts Power
The historic winter storm that buried the Eastern U.S. in snow over the weekend shut the lights off for more than a million customers from Arkansas to Massachusetts as it downed power lines and hampered operations at some power plants. According to the Department of Energy’s Office of Electricity Delivery and Energy Reliability, at one […]
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Nuclear
NRC Renews Licenses for Braidwood Units 1 and 2
The Nuclear Regulatory Commission (NRC) said on January 27 that it had approved the applications for license renewal submitted by Exelon Corp. for Units 1 and 2 of the Braidwood Generating Station in Braceville, Ill. Braidwood, the state’s largest nuclear plant, was originally built by Commonwealth Edison. The two-unit plant operates two Westinghouse pressurized water […]
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Renewables
Wind Energy Thrives in Europe, but It’s Not Unfettered
Recent news out of Europe shows just how important wind energy has become to the continent. Record wind power consumption, huge capacity additions, and new expansion in previously untapped offshore areas are all making headlines, but policy changes and overproduction could start to become challenging. Denmark Leads the Way In Denmark, 2015 was a banner […]
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Legal & Regulatory
[UPDATED] Halt the EPA’s Clean Power Plan Now, 26 States Urge Supreme Court
Following the D.C. Circuit’s denial of motions for stay, 26 states have petitioned the U.S. Supreme Court to immediately block the Environmental Protection Agency’s (EPA’s) contentious Clean Power Plan from taking effect. The January 26 application, directed to Chief Justice John Roberts Jr., notes that the states filed petitions for review of the carbon rule […]
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Legal & Regulatory
Supreme Court Revives FERC Order 745 on Demand Response
By a 6–2 vote, the U.S. Supreme Court on January 25 ruled that the Federal Energy Regulatory Commission (FERC) had authority under the Federal Power Act (FPA) to issue rules requiring equal market participation by demand response (DR) resources. FERC Order 745, issued in 2011, required the nation’s Independent System Operators (ISOs) and Regional Transmission […]