News

FirstEnergy Corp. last week said it would cut back operations or idle 1,620-MW of coal-fired capacity in Ohio for up to a year to reduce operating costs, while Xcel Energy announced plans to shut down nearly 900-MW of coal-fired capacity to generate a savings of nearly $225 million. Reasons for the cutbacks included the continued slow economy, lower demand in electricity, and uncertainty related to proposed new federal environmental regulations.

The Shaw Group on Monday announced it has signed an initial contract for two new AP1000 units at the Xianning nuclear power plant project in Hubei province with a subsidiary of China’s State Nuclear Power Technology Corp. (SNPTC).

French company GDF Suez formally announced last week it will merge its international business with UK company International Power. The new firm, New International Power, is expected to have over 66 GW in gross operation capacity and 22 GW in the pipeline.

Houston-based Dynegy is to be acquired by an affiliate of private equity firm Blackstone Group in a $542 million deal that includes billions in debt assumption. Under a separate agreement between Blackstone and NRG Energy, NRG Energy could acquire four natural gas-fired assets owned by Dynegy for about $1.36 billion.

A rule proposed by the U.S. Environmental Protection Agency (EPA) on Thursday would certify that 13 states lack the authority to apply Prevention of Significant Deterioration (PSD) permits to greenhouse gas (GHG) emissions under their State Implementation Plans. A second rulemaking action, also issued last week, proposes a federal implementation plan (FIP) under which the EPA would assume the authority to issue PSD permits for GHG emissions in states that lack the authority to do so.

An interagency task force on Carbon Capture and Storage (CCS) established by President Obama this February delivered a series of recommendations  on overcoming barriers to the widespread, cost-effective deployment of CCS within 10 years.

The U.S. Department of Energy (DOE) on Thursday announced it would award $1 billion in Recovery Act funds to a revamped FutureGen proposal. The so-called “FutureGen 2.0” project contemplates repowering of an existing Ameren 200-MW coal unit in Meredosia, Ill., using oxyfuel technology—not construction of an integrated gasification combined-cycle facility at Mattoon, Ill., as originally envisioned. The new project still calls for use of the original Mattoon geologic storage site

to sequester carbon dioxide—however, the city of Mattoon has declined participation

in the project.

The U.S. Occupational Safety and Health Administration (OSHA) on Thursday cited three construction companies and 14 site contractors for 371 alleged workplace safety violations, and issued a total of $16.6 million in penalties. The fines follow an investigation into the causes of February’s deadly natural gas explosion at the Kleen Energy power plant construction site in Middletown, Conn. The explosion killed six workers and injured 50 others.

An Indiana state agency representing utility ratepayer interests in cases before regulatory commissions said it has “serious concerns” regarding cost overruns at Duke Energy’s 618-MW integrated gasification combined cycle (IGCC) facility at Edwardsport.

Xcel Energy claims that preliminary tests of a 1-MW battery-storage technology system shows the technology works. The company announced on August 3 that its wind-to-battery project showed it was possible to reduce the need to compensate for the variability of wind generation.