News

  • Tenaska Anticipates $2.6 Billion Loan Guarantee for Taylorville IGCC Project

    The $3.5 billion Taylorville Energy Center (TEC), a hybrid integrated gasification combined cycle (IGCC) power plant proposed for Illinois by Tenaska and MDL Holding Co., has been selected by the U.S. Department of Energy for final term-sheet negotiations under its loan guarantee program.

  • "Business as Usual" Could Force UK to Rely Heavily on Gas Generation

    UK business group CBI on Monday released a report warning that the country’s current policy of incentivizing investments in wind power would result in too little investment in other forms of low-carbon energy, such as nuclear and clean coal. The approach will make energy security harder to achieve, and it could jeopardize the UK’s ability to meet climate change targets, the group said.

  • Senate Committee Kicks Off Hearings on Energy and Climate Legislation

    The Senate Committee on Environment and Public Works kicked off efforts to pass climate change and energy legislation in a general hearing on Tuesday, presenting a variety of perspectives on a potential federal cap-and-trade program.

  • Appellate Court Ruling Favors Ga. Coal Plant but Keeps Project on Hold

    The Georgia Court of Appeals on Tuesday reversed a lower court ruling that had rejected an air pollution permit for the planned $2 billion Longleaf Energy Station in southwest Georgia because it did not set limits on carbon dioxide emissions.

  • Loan Guarantees for Beacon, Nordic; USEC Prepares for Offer

    The Department of Energy (DOE) last week issued $59 million in conditional loan guarantees to Beacon Power Corp. and Nordic Windpower, while USEC said on Monday it expects to receive a loan guarantee for its American Centrifuge Plant by early August.

  • DOE Officially Scraps GNEP

    The U.S. Department of Energy (DOE) has officially scrapped the Global Nuclear Energy Partnership (GNEP) program, a Bush administration initiative to promote nuclear technologies while reducing the impacts associated with nuclear fuel disposal and proliferation risks.

  • T. Boone Pickens Suspends Mega-Wind Farm in Texas

    T. Boone Pickens has postponed plans for a multibillion-dollar project to build the world’s biggest wind farm in Texas, citing funding and transmission issues.

  • Duke Energy to Study Geologic Carbon Storage in Indiana

    Duke Energy has filed testimony with the Indiana Utility Regulatory Commission for a proposed project that would store a portion of carbon dioxide emissions from its Edwardsport coal gasification power plant underground in southwest Indiana.

  • Ark. Appeals Court Blocks Turk Plant; SWEPCO Files Appeal, Will Continue Construction

    An Arkansas appeals court last week overturned on technical grounds a key decision by the state regulators that authorized construction of Southwestern Electric Power Co.’s (SWEPCO’s) 600-MW John W. Turk Jr. coal-fired power plant in Hempstead County—the nation’s first ultrasupercritical project. SWEPCO on Monday filed an appeal with the Arkansas Supreme Court and said it would continue the plant’s construction because delays could prove costly.

  • House Passes Climate Change and Energy Bill by Slim Margin

    The U.S. House of Representatives passed by a narrow vote of 219–212 a mammoth climate change and energy bill on Friday that, among other things, seeks to establish a carbon emissions reduction goal, a cap-and-trade program, and a federal renewable energy standard. The bill now heads to the Senate.