A German business magazine reports that Siemens is exploring options for its struggling gas turbine business, and could look to form a joint venture with Japan’s Mitsubishi Heavy Industries (MHI). Manager Magazin on March 21 said Siemens “wants to accommodate the large turbine business of the Japanese Mitsubishi Group and in the future hold only a […]
Energy Secretary Rick Perry will reportedly announce March 22 that the Trump administration will finalize $3.7 billion in loan guarantees to support completion of the Vogtle nuclear plant construction project. The announcement is expected when Perry visits the site near Waynesboro, Georgia, on Friday along with Georgia Gov. Brian Kemp and Southern Co. CEO Tom […]
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A report from an independent market monitor for PJM Interconnection shows that natural gas-fired power generation topped coal-fired output in PJM in 2018, the first time that gas has topped coal in the history of the largest U.S. grid operator. The “2018 State of the Market” report from Monitoring Analytics LLC, which includes Volume 1 […]
Dominion Energy has reached an agreement with utilities in Connecticut to keep the Millstone Power Station, the state’s only nuclear power plant, in service for at least another decade. Dominion announced the deal March 15, the deadline the company had to tell ISO New England, the regional grid operator, whether it would retire the two […]
The U.S. has agreed to build six nuclear power plants in India, according to a joint statement from the two countries issued March 13 in Washington, D.C. The countries held two days of talks this week, discussing international security and nuclear cooperation. The talks involved Andrea Thompson, the U.S. undersecretary of state for arms control […]
Nathan Myhrvold, the long-time polymath idea man for Bill Gates, his former boss at Microsoft, on March 12 told the Nuclear Regulatory Commission’s (NRC’s) annual regulatory information conference, “Energy is the fulcrum that gives leverage to human ingenuity.” Nuclear, he said, must be a large part of providing that leverage to the world. Myhrvold, speaking […]
Tokyo Electric Power Co. (TEPCO), the Japanese utility that took on the behemoth task of controlling and decommissioning the six-unit Daiichi nuclear power plant in Fukushima prefecture after the March 11, 2011, accident, recently released a video showing progress at the site. Source: https://www4.tepco.co.jp/en/news/library/archive-e.html?video_uuid=t820ghcq&catid=61795 The disaster began as a 15-meter (49-foot) tsunami inundated and disabled the […]
Exports of liquefied natural gas (LNG) from the U.S. continue to rise, as the use of natural gas for power generation increases in countries such as China, South Korea, Japan, and Mexico. Data from the U.S. Department of Energy (DOE) shows that four U.S. LNG export facilities combined to ship 483 LNG cargoes in 2018, a […]
A Wyoming bill designed to keep coal-fired power plants operating in the state was signed into law by the state’s governor last week, one of several developments worldwide that impacted the power generation landscape in early March. Also in the U.S., the Tennessee Valley Authority (TVA) defended its hiring of a contractor that led the […]
Minnesota and Wisconsin recently joined the list of states aiming for a 100% clean-energy future, while some Illinois lawmakers are pushing for not only carbon-free power, but also 100% renewable energy. Minnesota Gov. Tim Walz (D) was the latest to announce a set of policy proposals designed to lead his state’s electricity sector to 100% […]
