News
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Renewables
Renewables to Dominate Energy Investment through 2030, Says Report
Continually falling costs and tightening emissions regulations are set to drive huge growth in global renewable energy capacity despite flagging support for subsidies in Europe and the U.S., says a new report from Bloomberg New Energy Finance (BNEF). The BNEF report projects global spending on new power generation will be around $7.7 trillion through 2030, […]
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Cybersecurity
Russian Hackers Targeting Energy Sector, Says Report
A group of hackers apparently based in Moscow has been conducting an “ongoing cyberespionage campaign” against energy sector companies in the U.S. and Western Europe, according to a report released June 30 by computer security firm Symantec. The targets included “energy grid operators, major electricity generation firms, petroleum pipeline operators, and energy industry industrial equipment […]
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Infographics
The EPA’s Clean Power Rule in Three Infographics
Under rules proposed by the Environmental Protection Agency (EPA) on June 2, 2014, existing fossil fuel–fired U.S. power plants must comply with state-specific goals to lower carbon pollution from the power sector by 2030, while modified and reconstructed power plants will be subject to technology-based performance standards. The EPA’s “Clean Power Plan” rule affecting existing […]
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Renewables
RWE’s Thomas Birr on Corporate Strategy in a Changing German Electricity Ecosystem
RWE AG is Europe’s third-largest electricity and fifth-largest gas marketer, with holdings in upstream oil and gas production, power grids, and energy trading. Its German power subsidiary has been the utility poster child for the effects of the Energiewende, the transformation of the Germany power system away from nuclear and coal toward renewable energy and […]
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Renewables
The EEI’s Campaign for Electric Utility Industry Supremacy
At the Edison Electric Institute (EEI) annual meeting this week in Las Vegas, the tone was one of collaboration with partners from Washington to distributed generation companies. Those partnerships will be needed as the investor-owned utility (IOU) industry fights not so much a war on coal as a war for mindshare and wallet share in […]
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News
POWER Digest July 2014
Chile Banks on Renewable Capacity Expansion, Energy Efficiency. Chile in mid-May released a $650 million investment plan to reduce energy costs and promote non-hydro renewable energy development for the country that imports about 60% of its primary energy resources. The plan calls for a 30% cut in marginal power costs on Chile’s central grid, which […]
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Solar
Military Microgrids: Wanted and Needed but Tough to Deploy
Anyone who follows either the energy industry or the military knows that all branches of the U.S. military have aggressive goals for renewable energy and for improving energy security and independence. Microgrids are a key part of that plan. When I wrote about military microgrids in “The Military Gets Smart Grid” back in January 2012, […]
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Solar
Interest Growing in Commercial and Community Microgrids
Aside from places where microgrids have a track record—educational, industrial, and commercial campuses—commercial and community microgrids are still the domain of early adopters, but the number of people wanting to travel the trail they are blazing is increasing. A microgrid is any collection of interconnected loads and distributed energy resources within clearly defined electrical boundaries […]
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Solar
Islands Are the Low-Hanging Fruit for Microgrids
If you’re looking for the easiest place to deploy microgrid technology, look at islands. That was the general consensus of presenters at the 4th Military & Commercial Microgrids Summit in Washington, D.C., held June 17-19. In addition to a presentation about a microgrid being developed for Necker Island—owned by Sir Richard Branson, founder of the […]
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Solar
The State of the Microgrid Market: Promise and Present Realities
If, as Navigant Research suggests, the global microgrid market will exceed $40 billion annually by 2020, where is all the capacity going, and what’s fueling it (literally and figuratively)? Peter Asmus, a long-time researcher of smart grid technologies at Navigant, shared that market projection and others at the 4th Military & Commercial Microgrids Summit in […]
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Gas
U.S. House Votes to Speed Up LNG Exports
The U.S. House of Representatives on Wednesday voted 266–150 to pass a bill that cuts federal red tape and accelerates liquefied natural gas (LNG) exports to Europe and other allies. The Domestic Prosperity and Global Freedom Act (H.R. 6) authored by Rep. Cory Gardner (R-Colo.) now moves to the Senate. Experts suggest it has a […]
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Nuclear
Delays and More Costs for Plant Vogtle Nuclear Expansion
In-service dates for two nuclear units under construction at Plant Vogtle in Georgia have been moved out to December 2017 and December 2018, and the total project cost is now estimated at $6.76 billion—$650 million more than the certified cost—staff from Georgia Public Service Commission (PSC) reported this week. Steven Roetger and GDS Associates consultant […]
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Nuclear
NRC Issues Inspection Findings to Ark. Nuclear Following Heavy Handling Accident
The Nuclear Regulatory Commission (NRC) issued two “yellow” findings on June 24 to Arkansas Nuclear One—the 1,823-MW dual-unit nuclear power plant located near Russellville that is operated by Entergy Corp.—in connection with a heavy equipment handling incident at the facility last year. On March 31, 2013, a 525-ton generator stator fell when a temporary lifting […]
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Coal
Supreme Court Chips EPA GHG Authority, Says Agency Has No Power to “Tailor” Laws to Policy Goals
A divided Supreme Court on Monday partly reversed a 2012 federal court decision, ruling that the Environmental Protection Agency (EPA) exceeded its authority under the Clean Air Act when it required permitting for stationary sources based on their greenhouse-gas (GHG) emissions. In a 5–4 ruling, the court’s right-leaning majority concluded that the agency may not […]
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Finance
Alstom Chooses GE
After nearly two months of wooing, General Electric (GE) is finally going to get what it wants. On June 21, GE announced that the Alstom Board of Directors had chosen the GE offer to acquire the power and grid businesses over a separate offer proposed by Siemens and Mitsubishi Heavy Industries. GE said the offer […]
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Legal & Regulatory
Senate Committee Advances FERC Head Nomination
The Senate Energy and Natural Resources Committee on Wednesday managed a contentious 13–9 vote to approve President Obama’s nomination of Norman Bay to become head of the Federal Energy Regulatory Commission (FERC). Before the vote, the committee’s chair, Sen. Mary Landrieu (D-La.) said the White House and Senate Majority Leader Harry Reid (D-Nev.) had agreed […]
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Legal & Regulatory
DOE Awards $100M for Energy Research
Thirty-two projects—most headed by universities—were awarded grants of various amounts totaling $100 million by the U.S. Department of Energy (DOE) for Energy Frontier Research Centers (EFRCs). The projects were selected from more than 200 proposals. Of the projects, 10 were new while the other 22 received renewed funding. Awards ranged from $2 million to $4 […]
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Finance
Alstom Has Options After Siemens and MHI Offer
Siemens AG and Mitsubishi Heavy Industries Ltd. (MHI) announced on June 16 that they have submitted a proposal to Alstom, the French multinational conglomerate. The offer comes less than a week after the companies confirmed that they were considering a joint proposal and less than 2 months after General Electric (GE) made an offer to […]
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Cybersecurity
Homemade Bomb Found at Ariz. Power Plant
A make-shift explosive device found last week at a power plant south of Tucson, Ariz., caused a small, temporary fuel leak in a 50,000-gallon distillate oil tank—not a large explosion as previously reported in initial accounts. However, the incident has triggered investigations by the FBI, the U.S. Bureau of Alcohol, Tobacco, Firearms, and Explosives, and […]
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Finance
Siemens and MHI Considering Joint Bid for Alstom
While General Electric (GE) waits for the French government to approve its bid for Alstom’s power and grid divisions, other companies are using the time to consider offers of their own. On June 11, Siemens AG and Mitsubishi Heavy Industries (MHI) announced that they are joining forces to evaluate a potential proposal for Alstom. The […]
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Coal
Two Dead in Kosovo Coal Plant Explosion
Two workers were killed and at least 14 injured in an explosion at a coal-fired power plant in Kosovo last week. Plans to restart part of the damaged plant were underway on Thursday. The explosion, which could be heard six miles away in the capital, Pristina, occurred at about 10 a.m. on June 6 in […]
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Legal & Regulatory
GAO Has Legal Concerns With Uranium Transfers Between DOE and USEC
On June 9, the U.S. Government Accountability Office (GAO) announced six recommended actions designed to improve transparency of Department of Energy (DOE) uranium transactions. The recommendations were developed following a review of four transactions that took place in 2012 and 2013 between the DOE and USEC Inc. USEC is a supplier of nuclear fuel to […]
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Nuclear
Report Compares and Contrasts Owners of New Nuclear Plants
A report released this week by Moody’s Investors Service provides an interesting analysis of two companies knee-deep in nuclear plant construction projects. The peer comparison takes a look at Georgia Power Co.—a Southern Co. subsidiary—and South Carolina Electric & Gas Co. (SCE&G)—a SCANA Corp. subsidiary. Georgia Power is adding two new units to its Alvin […]
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Finance
Witnesses: DOE’s Loan Programs Need Better Monitoring
The Department of Energy’s (DOE’s) loan programs have made more than $30 billion in loans and loan guarantees, but it has not fully developed or consistently stuck to loan monitoring policies, an official from the Government Accountability Office testified before a House subcommittee on May 30. Congress authorized the Loan Guarantee Program (LGP) in 2005 […]
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Legal & Regulatory
U.S. Sets New Anti-Subsidy Tariffs on Chinese Solar Product Makers
The Department of Commerce preliminarily ruled that China is subsidizing certain crystalline silicone photovoltaic (PV) products at a rate of 18.56% to 35.21%, marking another win for SolarWorld. Commerce announced its affirmative preliminary determination in a new countervailing duty (CVD) investigation on imports of PV cells, modules, laminates, and panels. The agency calculated a preliminary […]
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Renewables
NRG to Acquire North America’s Largest Wind Farm
NRG Energy’s shopping spree, which has seen it become the nation’s largest merchant generator through a string of acquisitions, continued this week as subsidiary NRG Yield announced on June 4 that it has agreed to acquire the mammoth Alta Wind facility in Tehachapi, Calif., from Terra-Gen Power LLC. The Alta Wind farm has an operating […]
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HR
Museum Exhibit Offers Energy Education for Future Engineers
A new power grid exhibit opens June 7 at the Marbles Kids Museum in Raleigh, N.C. Kid Grid—sponsored by ABB—will introduce children to electricity and power grid technology through hands-on play. Utilities have a vested interest in maintaining an educated workforce and breaking through traditional gender stereotypes. Studies have shown that the U.S. is lagging behind […]
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Legal & Regulatory
EPA’s Carbon Pollution Guidelines Incite Heated Reaction
The Environmental Protection Agency (EPA) released its “Clean Power Plan” proposal today, which spurred a wide range of responses. Environmental groups applauded the guidelines while fossil fuel proponents decried the end of affordable energy. Power plants are the largest source of carbon pollution in the U.S., accounting for roughly one-third of all domestic greenhouse gas […]
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Renewables
Carbon Rules Proposed for Existing Power Plants
Existing fossil fuel–fired U.S. power plants must comply with state-specific goals to lower carbon pollution by 2030 under rules proposed by the Environmental Protection Agency (EPA) today. The so-called “Clean Power Plan,” which applies to existing power plants, seeks to cut carbon emissions from the power sector by 30% from 2005 levels by 2030. It […]
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Coal
POWER Digest (June 2014)
Australia Releases Emissions Reduction Fund White Paper. Australia’s Ministry of Environment on April 24 released its Emissions Reduction Fund (ERF) White Paper, formally setting out the final design of the