News

Duke Energy will swallow $30 million in runaway costs associated with operating its five-year-old 618-MW integrated gasification combined cycle (IGCC) facility in Edwardsport, Indiana, if a settlement the company reached with Indiana consumer groups last week is approved. Duke declared Edwardsport Generating Station “in service” in June 2013, despite a series of hiccups that delayed […]

More than 35,000 visitors from 100 nations were expected to attend the vast Global Wind Summit, which began Tuesday, September 25, in Hamburg, Germany’s Exposition Center. The expo is one of the world’s largest wind energy events. Held every two years and organized by WindEurope, the Global Wind Energy Association, and VDMA Power Systems, it […]

The four co-owners of the Plant Vogtle nuclear expansion project in Georgia have voted to continue construction of two new reactors at the site near Waynesboro. The vote on September 26 came two days after the original deadline for a vote on the future of Units 3 and 4, which are scheduled to come online […]

The drama over the fate of the Plant Vogtle nuclear expansion in Georgia continued September 25 as the four co-owners of the project sparred over conditions that one of the co-owners, Oglethorpe Power, wants in order to secure its support for moving forward with the project. A vote on the future of the oft-delayed, massively […]

Siemens on September 24 said it would cut about 2,900 jobs, mostly from its Power and Gas division in Germany, as it continues restructuring to achieve cost savings amid a tough global market for turbine manufacturers. Siemens on Monday said the cuts will save the company about €270 million ($318 million) and is part of […]

The project to expand the two-unit Plant Vogtle in Georgia with two new AP1000 reactors has suffered debilitating delays and mounting costs.

Owners of the beleaguered Plant Vogtle nuclear expansion project have voted—at least for now—to continue construction of two new AP1000 reactors at the site near Waynesboro, Georgia. Directors of the Municipal Electric Authority of Georgia (MEAG Power) and Oglethorpe Power on September 24 each agreed the oft-delayed and increasingly over-budget project should move forward, although […]

JACKSONVILLE, Fla. — APR Energy, a global leader in fast-track power solutions, today announced that it has successfully completed the installation and 100-hour commissioning test of a 300MW power project for the Bangladesh Power Development Board (BPDB). The company will operate as an independent power producer (IPP) for a term of five years at its […]

The project to expand the two-unit Plant Vogtle nuclear power station in Georgia with two new AP1000 reactors has suffered debilitating delays and mounting costs. The project is owned by four partners: Southern Co. subsidiary Georgia Power (45.7%), Oglethorpe Power Corp. (OPC, 30%), Municipal Electric Authority of Georgia (MEAG Power, 22.7%), and Dalton Utilities (1.6%). Units […]

Hurricane Florence floodwaters have breached a cooling lake dam at Duke Energy’s Sutton Plant in Wilmington, North Carolina, releasing water into the Cape Fear River and flooding the footprint of the gas plant at the site, which has been shut down.  The company’s latest update signals mounting troubles at the site, where Duke Energy shuttered […]