News

The flood of cheap Marcellus Shale gas driving massive construction of new natural gas power generation capacity could wreak havoc in the PJM power market, Moody’s Investors Service suggests in a new report. Two of the nation’s largest power markets, Texas and California, already pose a “distressed environment” for unregulated power companies owing to declining […]

Dominion Resources, one of the nation’s largest power generators, has changed its name and the names of key subsidiaries, including Dominion Virginia Power. The Richmond, Va.–headquartered company that has a power portfolio of 26.2 GW, sizable transmission assets, as well as natural gas storage systems and pipelines, will now be known as “Dominion Energy.” The […]

President Trump on Monday made two nominations to fill vacancies at the Federal Energy Regulatory Commission (FERC), which, if confirmed, would restore the agency’s quorum and ability to take action. Neither nominee was a surprise. Both names had long circulated in Washington. The mystery was why it took so long—three months—for the administration to fill […]

Still trying to figure out exactly what Westinghouse’s bankruptcy is going to mean for the project, SCANA Corp. subsidiary South Carolina Electric & Gas Co. (SCE&G), announced in its first quarter progress report that the two-unit expansion of Virgil C. Summer Nuclear Station is more than 64% complete. Westinghouse filed for bankruptcy on March 29, […]

Sitting on a panel during the Bloomberg New Energy Finance Summit in New York City on April 24, Michael Bloomberg proclaimed that carbon capture and storage (CCS) is “total bullshit.” That statement was not received well by Trude Sundset, CEO of Gassnova, Norway’s state enterprise for the development of CCS. “There’s a whole new world […]

The Environmental Protection Agency (EPA) has announced it is working on guidance to give states the flexibility in implementing programs for the management of coal combustion residuals (CCR) disposal. In an April 28 letter to state governors, EPA Administrator Scott Pruitt described the agency’s steps to implement a “new authority” for authorizing state CCR management […]

The owners of the Vogtle and V.C. Summer nuclear expansions separately secured a few more weeks to allow work to continue onsite at each project while they decide how to proceed with the half-built AP1000 reactors after Westinghouse’s financial debacle. In Georgia, owners of the project to expand Plant Vogtle extended an interim assessment agreement […]

In two separate actions over the past 24 hours, the D.C. Circuit granted the Environmental Protection Agency’s (EPA’s) request to suspend cases challenging the Clean Power Plan and the Mercury and Air Toxics Standards (MATS).   The orders are the latest in a series of similar actions over the past month by the D.C. Circuit that […]

As Dynegy moved this week to assume full ownership of two struggling Ohio coal plants it co-owns with AES Corp. subsidiary DPL Inc., the company’s CEO reportedly said it is mulling withdrawing its presence from downstate Illinois owing to the state’s intervention to keep its nuclear plants running. Dynegy CEO Robert Flexon told Crain’s Chicago Business […]

Rain and snow has returned to California, ending the record-setting drought with record-setting precipitation. The drought led to forest fires, dead orchards, and brown lawns. It also took a big bite out of ratepayers’ wallets and increased global warming emissions, due to the loss of low-cost, zero-emission hydropower. In a study released April 26 by […]