News
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News
Despite Financial Hurdles, Utility Capital Spending to Remain Elevated
Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting measures, and on renewables and environmental projects, said Moody’s Investors Service in a recent sectoral briefing. The credit ratings agency for the first time this […]
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News
Tenaska Gas-Fired Plant Comes Online in Pennsylvania
The Tenaska Westmoreland Generating Station began commercial operation on Dec. 21, the latest natural gas-fired facility to enter the PJM market. The 940-MW Tenaska plant, located near Smithton in South Huntingdon Township in Westmoreland County in southwest Pennsylvania, was built in just more than two years, though its planning and permitting process took several years […]
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News
Bipartisan Nuclear Modernization Bill Clears Congress
A bipartisan bill to modernize regulation of the nation’s nuclear power fleet passed in the U.S. Senate on Dec. 20 and the House on Dec. 21 without much opposition. It now heads to President Trump. S.512, better known as the Nuclear Energy Innovation and Modernization Act (NEIMA), seeks to provide a program to develop […]
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News
NV Energy Accelerates Retirement of One of Nevada’s Last Coal Units
NV Energy plans to retire a 254-MW coal-fired unit in a power-constrained region of Nevada at the end of 2021, four years ahead of schedule. The company will instead purchase 1,001 MW from new solar photovoltaic projects equipped with 100 MW of long-term battery storage, effectively doubling its total renewable generation from 14% in 2017 […]
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Finnish Nuclear Plant Start-up Delayed Again
Another nuclear power project has been delayed, as the Fennovoima consortium and Russia’s state-run nuclear company Rosatom said the Hanhikivi 1 power plant’s projected start-up date has been pushed to 2028, four years behind the original schedule and eight years later than the proposed start when Finland’s government supported the project in 2010. The announcement […]
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News
Tianwan Unit 4 Latest Chinese Reactor to Come Online
Unit 4 of the Tianwan Nuclear Power Plant in China entered commercial operation this past weekend after completing commissioning. It began supplying power to the country’s national grid on Dec. 22. Tianwan NPP is the largest facility built with a Russian-Chinese framework of economic cooperation, with Units 1 through 4 based on the VVER-1000 reactor […]
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Fuel
NERC: Accelerated Coal and Nuclear Retirements Pose Limited Reliability Risks
The accelerated retirement of coal-fired and nuclear generation by 2022 could adversely affect reliability in four regions, including in the East and over parts of the central U.S., the North American Electric Reliability Corp. (NERC) warned as it released findings from a “stress-test” scenario. But the entity tasked with ensuring reliability and security of the […]
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News
POWER’s Top 10 Most-Read Stories from 2018
There’s never a dull moment in the power industry, and like most years, 2018 was filled with many interesting developments. As it has been for more than 135 years, POWER was there to break the news. The following 10 articles were the most-read online stories of the year. #10: New York Denies Air Permit for […]
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Press Releases
ACCCE Shares NERC’s Concerns for Reliability if Retirements Accelerate
Washington, DC — Yesterday, NERC (North American Electric Reliability Corporation) released a Special Reliability Assessment to evaluate the risks to the reliability and resilience of the electricity grid from the significant loss of fuel-secure baseload generation. While NERC’s review is not a forecast of expected future conditions, it does represent a credible stress-test of the […]
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Press Releases
NARUC Publishes New Study of Carbon Capture Technology and Policy
WASHINGTON—A new report from the National Association of Regulatory Utility Commissioners examines the state of national carbon issues. Carbon Capture, Utilization, and Storage: Technology and Policy Status and Opportunities is a valuable tool for state regulators and others to understand current CCUS policy and technology, learn about its successful applications nationally and internationally, and consider […]
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