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 […]

  • 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 […]

  • 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 […]

  • 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

  • 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

  • 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

  • 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

  • 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 […]

  • 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 […]

  • 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

  • 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

  • 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 […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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, […]

  • New Jersey Considers Nuclear Subsidies for PSEG Plants

    New Jersey lawmakers are exploring whether to legislatively prop up future operation of two nuclear power plants in the state, holding a hearing on December 4 in which key stakeholders sounded off on how nuclear subsidies could affect the environment, the economy, and the power market. The hearing, jointly held by the state Senate Environment […]

  • Toshiba Will Make Remaining Vogtle Payments by mid-December

    Toshiba Corp. has agreed to accelerate its payments to Georgia Power to help the utility finance completion of the troubled Plant Vogtle nuclear expansion. The deal announced December 5 comes four days after a recommendation from state regulators that the project be abandoned if Georgia Power cannot make it financially viable, and also to lessen […]

  • Georgia Regulators: Change Vogtle Economics or Cancel Project

    A new analysis by staff at Georgia’s Public Service Commission (PSC) says continuing construction of two AP1000 reactors at the Plant Vogtle nuclear facility near Waynesboro, Georgia, is not economic, and the group says that unless Georgia Power agrees to modify its conditions for completing the project to ensure it will be financially viable, the […]

  • Reducing Nuclear Plant Operations and Maintenance Costs Through Online Monitoring

    The Electric Power Research Institute’s full spectrum of online monitoring-related research offers nuclear power plant operators guidance for monitoring program implementation. The research results are used

  • Will North American Energy Trade Wax or Wane Under Trump?

    Cross-border trade in energy—electricity, natural gas, and oil—has been an unanticipated boon to the U.S., Canada, and Mexico, exceeding $140 billion in 2015. The Trump administration’s antipathy toward

  • ASME Operation and Maintenance lnservice Testing Program Ensures Nuclear Component Operational Readiness

    Originally embedded in the American Society of Mechanical Engineers (ASME) Boiler and Pressure Vessel Code , today the Operation and Maintenance of Nuclear Power Plants standard for inservice testing of pumps

  • IAEA: Pending Reactor Retirements Will Drag Down Global Nuclear Capacity Projections

    Cheap natural gas, the impact of subsidized intermittent renewables on power prices, and nuclear policies in several countries in the aftermath of the Fukushima accident will continue to hamper strong growth