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Ontario Power Generation (OPG) has submitted documents that suggest its plan to permanently store low-level and intermediate-level nuclear waste close to its Bruce Nuclear Generating Station in Kincardine, at an underground site near the eastern shore of Lake Huron, is the best option for disposal. Responding to a February 2016 request for information by the […]

The past year saw an astonishing number of mergers, acquisitions, and business reconfigurations of electricity and energy companies, without any obvious organizing theory. Is it possible to make sense of the activity, or is it just business Brownian motion—aka, random behavior?  Gas companies spun off power generating assets. Power companies sold offshore businesses. Independent generators […]

If broad policy commitments announced by various countries are implemented, coal will not only lose its rank as the dominant fuel for power generation to renewables by 2040, but the world’s coal fleet will be significantly transformed by technology advances, the International Energy Agency’s (IEA’s) newly released World Energy Outlook (WEO-2016) forecasts. Under a baseline […]

A tumultuous election year that was marked by market turmoil, the events of 2016 clearly showed that big change is afoot for the power sector. Many of POWER‘s bold predictions for 2016, such as that the near-simultaneous surge in U.S. natural gas production and recent enactment of environmental rules would reshape the U.S. power sector, […]

POWER‘s monthly infographic sheds light on power sector trends globally, and in 2016, it highlighted water issues, future coal fleet technologies, U.S. power plant retirements, energy storage technologies, China’s power glut, global emissions limits, and more. January 2016: Future Coal Fleet What the world’s future coal fleet will look like by technology. February 2016: GHG […]

Some of the U.S. coal market’s own product wound up in its stocking this Christmas season. Despite hope from the election of Donald Trump and a potential shift toward more coal-friendly energy policies, coal plant owners across the country continued the trend toward shutdowns and reduced operations that have marked the past few years. Coal […]

Toshiba Corp.—the parent of Westinghouse Electric Co.—said it might book huge losses as a result of Westinghouse’s acquisition of the nuclear construction and integrated services business CB&I Stone & Webster Inc. (S&W). Westinghouse closed on its agreement with CB&I in December 2015. When the deal was made, Toshiba estimated that the amount of “goodwill” resulting […]

Oregon State University’s Northwest National Marine Renewable Energy Center was awarded up to $40 million by the DOE to create a wave energy test facility in Newport.

The Department of Energy’s (DOE’s) first loan guarantee under an $8 billion solicitation for advanced fossil energy projects may go to a methanol production facility in Lake Charles, La., that will employ carbon capture technology for enhanced oil recovery. The DOE said in a statement on December 21 that it offered a conditional commitment to […]

After a 10-month competitive bid process, Southern California Edison (SCE) has selected a joint venture of AECOM and EnergySolutions as the general contractor for the San Onofre Nuclear Generating Station (SONGS) decommissioning. “We are pleased to announce the selection of the AECOM/EnergySolutions team, a global joint venture with extensive commercial and government decommissioning experience around […]