Nuclear
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History
Test Your Knowledge: Power History
The history of power generation is long and convoluted, marked by myriad technological milestones—conceptual and technical—from hundreds of contributors. Many accounts begin power’s story at the demonstration of electric conduction by Englishman Stephen Gray, which led to the 1740 invention of glass friction generators in Leyden, Germany. This quiz is designed to test your knowledge […]
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Renewables
Report: Clean Energy Investments Hit $333.5 Billion in 2017
Though some countries, including the U.S., have moved to support coal-fired power generation over the past year, investments in renewable energy continued to rise, according to a new report from Bloomberg New Energy Finance (BNEF). The research group on January 16 said global investment in clean energy such as wind and solar reached about $333.5 […]
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Legal & Regulatory
CPUC Backs PG&E Plan to Retire Diablo Canyon Nuclear Plant
California regulators have approved Pacific Gas & Electric’s (PG&E’s) application to retire the Diablo Canyon nuclear plant by year-end 2025, ending a protracted battle over the generating station that pitted local economic interests against environmentalists and other opponents of nuclear power. The state Public Utilities Commission (CPUC) on January 11 voted unanimously to accept PG&E’s […]
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Renewables
EIA Report: Gas-fired Generation Will Continue to Outpace Coal
The U.S. Energy Information Administration (EIA) released its first look at expected power generation in 2019, and its conclusions are much the same as those it expects in 2018—the use of natural gas to produce electricity will continue to rise, and the use of coal will continue to decline. EIA’s Short-Term Energy Outlook, released January […]
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Nuclear
Several Milestones Reached at Nuclear Power Projects Around the World
The world’s nuclear power industry has been busy in the new year, with several construction projects reaching key milestones as 2018 began. EPR Units Making Progress Four EPR nuclear units are under construction in three countries: Olkiluoto 3 in Finland began construction in August 2005, Flamanville 3 in France began construction in December 2007, and […]
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Legal & Regulatory
FERC Rejects DOE’s Proposed Grid Resiliency Rule
The Federal Energy Regulatory Commission (FERC) has rejected the Department of Energy’s (DOE’s) controversial proposed rule on grid reliability and resilience pricing, initiating instead a new proceeding that will examine the resilience of the bulk power system. The DOE’s “Grid Resiliency Pricing Rule” proposed on Sept. 29 directed FERC—an independent regulatory government agency that is […]
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Commentary
Commentary: Pressing Forward With Vogtle, a Nuclear MVP
Georgia wasn’t looking for an award or recognition when we set out to build new nuclear reactors in our state. Yet we now find ourselves as the last team on the field as our commissioners unanimously voted to move forward with a new cost and schedule for the Plant Vogtle new nuclear units—keeping the project […]
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Nuclear
Brookfield Business Partners to Acquire Westinghouse from Toshiba Corp.
Westinghouse Electric Co., a company that is emerging from a bankruptcy stemming from the half-built AP1000 reactor projects in Georgia and South Carolina, is to be acquired from Toshiba Corp. by business services and industrials company Brookfield Business Partners. Brookfield, a company of Toronto-headquartered Brookfield Asset Management, announced on January 4 that it entered into […]
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Legal & Regulatory
Despite New Jersey Senate Vote on Nuclear Subsidies, Bill May Not Clear Lame-Duck Session
New Jersey’s full Senate is scheduled on January 4 to vote on a bill to subsidize two of the state’s nuclear power plants. However, industry observers posit that the measure won’t clear the full Assembly before the state legislature’s lame-duck session ends on January 9. S.3560 was introduced on December 14 after a preliminary hearing earlier […]
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Legal & Regulatory
Dominion Will Buy SCANA in $14.6B Deal, Writing Off Failed Nuclear Expansion Assets
SCANA Corp., a company reeling from a decision to abandon two half-built nuclear reactors at the V.C. Summer project in South Carolina, is getting a lifeline from Dominion Energy, one of the nation’s largest utilities. The two companies on January 3 announced an agreement to combine in a stock-for-stock merger. The proposed deal is valued […]
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Renewables
What Is the Future of Independent Power?
Merchant markets for independent power producers in the U.S. are unfavorable, and many companies in the sector have slumping profits—even big losses—as they ponder where to go in the months and years
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Commentary
Hope in the New Year: Opportunities Abound for the Power Industry
There are challenges facing the power industry in 2018, but there are also a lot of exciting opportunities. Renewable energy and gas-fired generation are expected to continue growing, but changes in federal
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Connected Plant
Seven Software Tools for Energy Managers
There are many tools available to assist companies as they gain a better grasp on how their energy is being used, and what that means for the goal of efficient energy management. Not all solutions are created
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IIOT Power
Overcoming IIoT, Edge Networking Challenges
As power plants and substations become more connected, the need for rugged networking equipment built to withstand tough conditions is amplified. The military has already gone through the growing pains, so
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Legal & Regulatory
Europe’s Power Generation Industry Evolves
The European Union (EU) is unequivocally continuing down a path of global climate and energy leadership while bringing online more carbon-neutral fuel systems throughout its 28 member states, closing in on the 2020 goal of a 20% reduction in greenhouse gas emissions (GHG) from 1990 levels. Indeed, the newly released European Environment Agency’s (EEA’s) Trends […]
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Legal & Regulatory
The Big Picture: Energy Transitions [INFOGRAPHIC]
An energy transition is underway across the world. Market upheaval, defining events, and recent policy changes have accelerated a shift away from coal toward renewables. Here is how this transformation played out for some of the world’s major economies over the past decade. Graphs show percent of each fuel source of total generation for that […]
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Renewables
POWER Digest [January 2018]
Construction Underway on New Unit at Serbian Coal Plant. It has been almost 30 years since any new power generation capacity was built in Serbia, but that stretch is coming to an end as China Machinery and
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Legal & Regulatory
IEA Predicts End of Coal’s Heyday
In the next 25 years, the world will turn increasingly to renewables and natural gas to meet energy demand, turning away from coal, according to the International Energy Agency’s (IEA’s) World Energy
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Nuclear
Plagued by Faulty Materials, Industry Upheaval, Finnish EPR Nuclear Unit Steers Toward Completion
Olkiluoto 3, a much delayed first-of-its-kind EPR nuclear plant project under construction in Finland, has begun hot functional tests and should begin generating electricity in May 2019, according to Finnish utility Teollisuuden Voima Oyj (TVO). TVO on December 19 said hot functional tests underway at the reactor, which are part of commissioning, are expected to […]
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Nuclear
Two More Japan Nuclear Units Will be Decommissioned
Kansai Electric Power Co. (KEPCO) announced it will permanently close two older nuclear reactors in Japan, rather than invest nearly 100 billion yen ($900 million) to bring the units up to the country’s new safety regulations. Japan’s Nuclear Regulation Authority (NRA) created new standards for the country’s nuclear plants after the meltdown at the Fukushima […]
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Nuclear
Bangladesh Turns to Nuclear Power
We were standing in Volgodonsk, Russia, on a bridge that connected the third and fourth units of the Rostov Nuclear Power Plant (NPP). The fourth unit was under construction, and the deputy chief engineer of the Rostov NPP, Alexander Belyaev, told us that we were about to witness something unique. It was December 1, 2015, […]
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Legal & Regulatory
Georgia PSC Chair: We Wanted Vogtle to Go Forward
Georgia Public Service Commission (PSC) Chairman Stan Wise said his agency was “not going to make a decision to discontinue” construction of two new nuclear reactors at Plant Vogtle, instead putting the decision squarely in the hands of Southern Co. and Georgia Power at the PSC’s December 21 meeting to determine the fate of the […]
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Legal & Regulatory
State PSC Puts Vogtle Future in Georgia Power’s Hands
State regulators in Georgia have voted not to cancel the troubled nuclear expansion project at the Vogtle Electric Generating Plant near Waynesboro, Georgia, and lead owner Georgia Power has agreed to a set of conditions that the utility must meet in order to continue the project. Georgia Power is one of four utilities with a […]
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Legal & Regulatory
New Jersey Nuclear Subsidy Bill Barrels Out of Committee, Heads for Legislature Vote
A bill backed by outgoing New Jersey Gov. Chris Christie (R) to subsidize the state’s nuclear power plants unanimously passed a joint committee on December 20 and now heads to the full legislature for a vote. S.3560, introduced on December 14, directs the Board of Public Utilities to issue Nuclear Diversity Certificates (NDCs) to nuclear power […]
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Legal & Regulatory
NERC Report: Natural Gas, Renewable Generation Will Offset Coal, Nuclear Closures
A report released December 14 by the North American Electric Reliability Corp. (NERC) says power generation from natural gas-fired units and renewable sources such as solar and wind will provide enough electricity to offset the closures of U.S. coal-fired and nuclear power plants in the next decade. The agency’s 10-year outlook, part of its 2017 […]
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Renewables
Game-Changing Supercritical CO2 Cycles Are Closer to Commercialization
Supercritical carbon dioxide (sCO2) cycles—which are inching closer to commercial applications for waste heat recovery, concentrating solar power, nuclear, and fossil energy—offer higher thermal efficiencies and power density than conventional steam Rankine and Air Brayton cycles in use today for power generation. But to realize these potentially game-changing cycles, common challenges associated with turbomachinery must […]
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Legal & Regulatory
Georgia PSC Will Decide Vogtle’s Fate on December 21
The Georgia Public Service Commission on December 11 said it will decide December 21 whether to allow construction of two new nuclear reactors at the Plant Vogtle site to move forward, or call for the project to be canceled. Commissioners voted Monday to move up the timetable for a decision on the troubled nuclear project […]
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Nuclear
Vogtle Hearings Underway; Tax Law Change Could Speed Resolution
Hearings on the future of the Vogtle nuclear expansion project are underway in Atlanta, Georgia, and events of the past few days could impact how quickly the Georgia Public Service Commission (PSC) and Georgia Power reach a decision on whether construction of two new nuclear reactors continues or is halted. This week’s hearings, which are […]
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Legal & Regulatory
McIntyre Takes Reins as New Head of FERC
Kevin McIntyre was sworn in as chairman of the Federal Energy Regulatory Commission on December 7, just more than a month after his nomination to the post was approved by the Senate. He takes over from interim chair Neil Chatterjee, who will remain at FERC as a commissioner. The agency that regulates transmission and wholesale […]
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Renewables
GE Cutting 12,000 Jobs in Power Division
General Electric (GE) said December 7 it will cut 12,000 jobs in its power unit as the company continues to struggle with changes in the global power market. The company in a statement said the staff reductions will save $1 billion in 2018. “Traditional power markets including gas and coal have softened,” the company said, […]