News
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Gas
Southern Co. to Acquire Natural Gas Distribution Leader
Southern Co. and AGL Resources—the largest natural gas–only distribution company in the U.S.—have agreed to merge in a deal that will make AGL Resources a wholly-owned subsidiary of the giant electric company. The transaction announced on Aug. 24 has an enterprise value of about $12 billion, including a total equity value of approximately $8 billion. […]
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Renewables
Coming Soon: The Solar-Powered Navy
It may not be powering its ships using the sun, but the U.S. Navy will soon be using solar power to keep at least some of the lights on at 14 of its installations in California. The Department of the Navy (DON) recently signed an agreement with Western Area Power Administration and Sempra U.S. Gas […]
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Coal
DOE Funds Coal Research and Carbon Storage Projects
The U.S. Department of Energy’s (DOE’s) National Energy Technology Laboratory (NETL) announced on August 17 that it will dole out a total of almost $17 million to research new CO2 storage technologies through DOE’s Carbon Storage Program and to research coal conversion and utilization through NETL’s University Coal Research Program. Nine projects will receive funding […]
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Nuclear
Costs and Deadlines Continue to Challenge V.C. Summer Nuclear Plant Project
With all 40 remaining construction milestones for V.C. Summer Nuclear Station Units 2 and 3 behind schedule (33 by more than 18 months) as of June 30, South Carolina Electric & Gas Co. (SCE&G) awaits approval of the petition it filed with the Public Service Commission of South Carolina (SCPSC) to update its construction and […]
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Legal & Regulatory
Longannet, UK’s Second-Largest Coal Plant, to Close
Making good on earlier warnings, ScottishPower said on Aug. 18 that it has no choice but to retire the 2,400-MW Longannet power plant in March 2016 because high transmission charges and carbon taxes make fossil generation uneconomic in Scotland. As with generators in the U.S., coal plants in the UK have been challenged by an […]
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Coal
Sites Shift from Coal Power to Solar Power
This week brought announcements from India and the state of Wisconsin regarding the repurposing of sites previously associated with coal-fired power generation for future solar power generation. In India’s capital of Delhi, the 240-MW coal-fired Indraprastha Power Station, which was closed in 2010, will be the site of a new 5-MW solar photovoltaic installation. As […]
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Gas
Texas Sets Record for Gas Power Burn, Still Barely Enough
The Electricity Reliability Council of Texas (ERCOT) on August 10 set a record for electricity demand, topping 69,000 MW twice during the afternoon. The peak came as the Energy Information Administration (EIA) noted that Texas also set a record for gas power burn—natural gas usage in its power sector—reaching an average 4.5 Bcf/d through August […]
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Coal
Carbon Capture Projects Receive Federal Funds
The bulk of newly announced federal funding for research and development of carbon capture technologies will be committed to post-combustion capture, pre-combustion capture, and biological carbon dioxide (CO2) use. The Energy Department on Aug. 13 outlined 16 projects that it chose to receive funding through the National Energy Technology Laboratory’s (NETL’s) Carbon Capture Program. The […]
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O&M
DOE Report Highlights Triumph, Trouble for Wind Power Sector
U.S. wind power is becoming more widespread and costs are generally on the decline, but the sector is troubled by policy uncertainties, a new report from the Energy Department says. After a lackluster year in 2013, wind power capacity additions in the U.S. rebounded nearly 8% in 2014, driven by recent improvements in the […]
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Legal & Regulatory
Seventeen States Sue EPA for Mandating SIP Startup, Shutdown, Malfunction Changes
The attorneys general of 17 states are suing the Environmental Protection Agency (EPA) for invalidating agency-approved state implementation plans (SIPs) governing emissions from power plant startup, shutdown, and malfunction (SSM) operations. The states have asked a federal court to review the EPA’s June-issued final rule, which deems SIP provisions concerning SSM operations in 36 states […]
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Legal & Regulatory
Committed to “Ambitious Schedule,” EPA Wants to Reissue MATS Rule by April 2016
The Environmental Protection Agency (EPA) will issue revised Mercury and Air Toxics Standards (MATS) and legally required cost-benefit analyses by April 15, 2016, court documents show. In an Aug. 10 motion filed with the D.C. Circuit for White Stallion Energy Center v. EPA (12-1100), the EPA said it intends to seek remand without vacatur (which […]
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Nuclear
Sendai-1 Reactor Restart Marks Japan’s Nuclear Rebirth
Nearly two years after Japan’s last nuclear power plant was shut down for safety checks, Kyushu Electric Power Co. has started up the 890-MW Sendai-1. The event marks a significant milestone for the country’s nuclear sector, which was crippled by the Fukushima disaster in 2011. Kyushu started up Sendai-1 at 10:30 a.m. local time and […]
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Coal
Solar and Wind Power Each Surpass Nuclear Generation in Germany Since Mid-Year
According to data compiled and reported by Fraunhofer-Institut für Solare Energiesysteme ISE—a German-based solar energy research institute—from July 1 through August 5, solar and wind energy produced 6.24 TWh and 7.09 TWh of electricity respectively, compared to 5.94 TWh of nuclear power generation in Germany. Although it’s not the first time wind production has exceeded […]
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Business
Alliant Energy Sells Minnesota Electric Service Territory to 12 Cooperatives
In a deal said to be the largest ever involving electric cooperatives, a group of 12 cooperatives completed the purchase of Alliant Energy’s electric service territory in southern Minnesota, which serves more than 43,000 customers. The agreement was signed in September 2013 between Interstate Power and Light Co. (IPL)—Alliant’s Iowa utility—and Southern Minnesota Energy Cooperative […]
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Legal & Regulatory
Ameren Scraps Planned Missouri Nuclear Unit, Cites Falling Renewable Costs
Ameren Missouri has dropped plans to build a second nuclear unit at its Callaway Energy Center, citing shaky economics in the context of cheaper renewables, low demand, and other factors for its decision. “While we continue to believe nuclear power must be an important clean energy source for our company and country, as evidenced by […]
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Nuclear
Energy Department to Invest in Advanced Reactor Concept Development
Furthering efforts to encourage clean energy innovation, the Energy Department released a funding opportunity announcement (FOA) to support the research, development, and demonstration of advanced reactor concepts. The announcement represents an early step in increasing investment in nuclear advanced reactor technologies, which have the potential to provide substantially enhanced operational performance, safety, security, economics, and […]
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Legal & Regulatory
Reactions to Clean Power Plan: From Excitement to Anger
Reaction from utilities, environmental groups, and governmental leaders following the August 3 release of the Environmental Protection Agency’s (EPA’s) final Clean Power Plan rule was mixed. Some, such as Duke Energy CEO Lynn Good, pointed to the progress that has already been made in recent years to reduce carbon dioxide (CO2) emissions, noting that the […]
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Legal & Regulatory
[UPDATED] EPA Issues More Ambitious But Flexible Final Clean Power Plan
Editor’s note (Aug. 3): Adds compliance cost details, key changes The Environmental Protection Agency’s (EPA’s) final Clean Power Plan will seek to tamp down the nation’s carbon dioxide (CO2) emissions from the power sector by 32% from 2005 levels by 2030—about 9% more ambitious than its original proposal. The first-ever final national standards to limit […]
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Nuclear
Quad Cities Nuclear Plant May Be Retired
Exelon’s Quad Cities nuclear plant in Illinois will not be economically viable despite changes in the PJM capacity market, and the company has to make a decision on closing it before the Illinois legislature can act on possible measures to save it, CEO Chris Crane said in Exelon’s second-quarter earnings call on July 29. Along […]
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Renewables
Broad Energy Policy Modernization Bill Clears Senate ENR Committee
Broad, bipartisan energy legislation that would allocate federal funding to grid technology research and demonstration along with a number of other initiatives, including cybersecurity and the energy-water nexus, has cleared the Senate Energy and Natural Resources Committee with an 18–4 vote. The committee’s chair, Sen. Lisa Murkowski (R-Alaska), and Ranking Member Sen. Maria Cantwell (D-Wash.) […]
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Nuclear
EDF Moves to Rescue AREVA, Will Buy Majority of Nuclear Reactor Business
France’s state-owned utility EDF will snap up between 51% and 75% of troubled nuclear giant AREVA’s reactor business in a possible $2.96 billion deal. While the French government owns about 87% of AREVA and 85% of EDF, the utility that operates the nation’s aging 58-reactor fleet, it has pledged to look at all options to […]
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Legal & Regulatory
Ex-Im Bank Reauthorization Stalled, Even as House Prepares to Adjourn
Though the U.S. Senate voted 64–29 this week to renew the charter of the Export-Import Bank of the United States (Ex-Im), the House may adjourn for its summer break without taking action on the issue. Congress let the Ex-Im bank’s charter lapse for the first time in its 81 years of continuous operation on June […]
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Legal & Regulatory
Power Sector Braces for Final Clean Power Plan Rule
With the Environmental Protection Agency (EPA) expected to issue its final rule on power plant greenhouse gas emissions under the administration’s Clean Power Plan (CPP) early next week, reports strongly suggest the revisions will extend compliance deadlines in response to power sector complaints about a too-aggressive schedule in the proposed rule. A July 28 report […]
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Gas
Alstom Offers Discount to Seal GE Acquisition Deal
As part of a remedy package to appease the European Commission, Alstom will accept $331 million less than the original $13.63 billion purchase price offered by General Electric (GE) to close the deal. The much-anticipated deal has come under close scrutiny by the European Commission, which opened a full-scale antitrust investigation into the deal on […]
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Nuclear
New U.S. Nuclear Plant, Watts Bar Unit 2 Is One Step Closer to Startup
Nuclear Regulatory Commission (NRC) inspectors reported that the Tennessee Valley Authority’s performance during a recent assessment conducted at Watts Bar Unit 2 indicated that the plant is ready to startup and conduct power operations. The news was conveyed at a public meeting hosted by the NRC on July 27 in Athens, Tenn., to review results […]
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Legal & Regulatory
Hawaiian Electric, NextEra Merger Faces MajorTroubles
NextEra Energy’s $4.3 billion bid to buy Hawaiian Electric Industries faces big, perhaps insurmountable, obstacles before the Hawaii Public Utilities Commission, which opened the record on the deal last week. The commission published the public filings in the case, which were overwhelmingly negative. Hawaii’s governor, David Ige, panned the deal in a press conference on […]
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Legal & Regulatory
Coal Ash Bill Clears U.S. House
The U.S. House of Representatives on July 23 passed by a 258–166 vote a coal ash bill that industry and states say is much-needed, but which the White House has threatened to veto. The Improving Coal Combustion Residuals Regulation Act of 2015 (H.R. 1734) sponsored by Rep. David McKinley (R-W.Va.) seeks to implement standards finalized […]
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Legal & Regulatory
Expert: 90% of U.S. Population Could Die if a Pulse Event Hits the Power Grid
When a large electromagnetic pulse (EMP) or geomagnetic disturbance (GMD) event occurs—which, according to Sen. Ron Johnson (R-Wis.), there is “100% certainty” will happen at some time in the future—as many as 9 out of 10 people in the U.S. could die. Johnson, chairman of the U.S. Senate Committee on Homeland Security & Governmental Affairs, […]
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Coal
Obama Administration Threatens Veto of House Coal Ash Bill
The Obama Administration on July 21 threatened to veto a coal ash bill that is currently pending in the House and Senate, saying it would undermine protections in the Environmental Protection Agency’s (EPA’s) recently finalized rule on disposal of coal combustion residuals (CCR). The EPA rule, issued in December 2014, drew mixed reactions from the […]
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Wind
Europe’s Largest Energy Storage Project Begins Construction
AES has begun construction of what will be the largest energy storage project in Europe when it comes online later this year in Carrickfergus, Northern Ireland. The 10-MW/40-MWh Kilroot Advancion Energy Storage Array is being added to the AES UK & Ireland Kilroot Power Station in County Antrim along the country’s east coast. The grid-connected […]