Nuclear

Wholesale power prices across the nation plunged between 27% and 37% at major trading hubs last year compared to 2014, the Energy Information Administration (EIA) reported. The agency said on January 11 that the drop was driven largely by lower natural gas prices. Natural gas spot prices in 2015 at the Henry Hub averaged $2.61 […]

Energy and environment issues have figured prominently in past State of the Union (SOTU) addresses. Here’s a look back at President Obama’s previous speeches. See what Obama said in his final SOTU speech on January 12. 2010: Nuclear Gets the Spotlight In his very first State of the Union address, President Obama called for incentives […]

In his final State of the Union (SOTU) address on January 12, and arguably less so than in any other address he has given over the last seven years, President Obama made sparse mention of energy and climate change. The president dedicated most of the energy references in his address to “clean” energy, encapsulating wind […]

Advanced drones capable of carrying sophisticated imaging equipment and significant payloads pose a serious threat to nuclear power plants and other high-profile targets, says a report released on Jan. 11 by The Remote Control Project. Analysts for Open Briefing, a London-based civil society intelligence agency, compiled the report. The group reviewed 202 commercially available drones […]

The Nuclear Regulatory Commission (NRC) has granted preemption authority to nuclear facilities in New York and California, allowing plant security forces to possess and use certain firearms and related devices despite local, state, or federal laws and regulations restricting their use. The action follows years of review. The Energy Policy Act of 2005 gave the […]

Georgia Power (GP) announced on Jan. 4 that the owners of the expansion project at the Vogtle nuclear power plant (GP, Oglethorpe Power Corp., the Municipal Electric Authority of Georgia, and Dalton Utilities) have settled all pending litigation with the original project contractors, Westinghouse and CB&I. According to GP, the settlement resolves “all claims currently […]

A significant transformation of the global power mix is under way, noted the International Energy Agency (IEA) in its newly released World Energy Outlook (WEO-2015). Renewables are getting subsidized boosts

In today’s world, it’s hard to operate a power plant without the benefit of information technology (IT) systems. Staff tasked with managing these systems can take a beating when the tools don’t work as advertised. Here’s how one IT department focused on building and sustaining cross-functional relationships, culminating in a win-win for the department and […]

The autonomous region of Xinjiang has a strategic position in China’s economy, yet several conditions limit the most effective use of its fuels. This article provides an overview of the situation. A more detailed version, with maps and tables, appears here under the same title. Since ancient times, the Xinjiang Uygur Autonomous Region (Xinjiang) has held […]

The United Arab Emirates (UAE) is a country flush with fossil fuels, so why does its government want nuclear power to form the backbone of its electricity supply? POWER interviewed Emirates Nuclear Energy Corp. CEO Mohamed Al Hammadi to find the answer and to learn more about the world’s largest in-progress nuclear construction project. Located […]

In mid-November, current members of POWER’ s Generating Company Advisory Team responded by email to a set of questions about their concerns, challenges, and new initiatives as they plan for the year ahead

From issuance of the final Clean Power Plan to mammoth mergers, 2015 will be remembered as a tumultuous year. Twelve months ago, as folks were emerging from an eventful 2014, POWER made some bold predictions, including that fuel economics will drive 2015 U.S. power markets, and the labor crunch will complicate the gas turbine arms […]

POWER‘s monthly infographic sheds light on power sector trends globally, and in 2015, it highlighted changes in plant retirements, sector revenues, rule costs, workforce, emissions technologies, and electricity costs, among other subjects. January 2015: Baseload Retirements How coal plant retirements compare with retirements of other baseload generation sources. February 2015: Power Revenues How revenues for fossil power […]

The Wylfa Nuclear Power Station—the last operating Magnox reactor in the world—came offline permanently on Dec. 30. Located in Anglesey, an island off the northwest coast of Wales in the UK, the plant entered service in 1971. Originally constructed with two 490-MW units, only Reactor 1 has been operating since 2012. The UK pioneered the […]

Russia and India will finalize a deal for Units 5 and 6 of the Kudankulam nuclear plant during Prime Minister Narendra Modi’s visit to Moscow this week, according to reports in the Indian media. Russia has been on a major drive to sell its nuclear technology abroad, while India has been on a similar campaign […]

North America’s reserve margins are trending downward, even though electricity demand has generally fallen, the North American Electric Reliability Corp. (NERC) warned in a new report. The international regulatory authority established to gauge and improve the reliability of North America’s bulk power system (BPS) said in its annual long-term report that electricity demand has dropped […]

In a major boost to the wind and solar industries, Congressional leaders agreed on a multiyear extension of renewable energy tax credits, which could provide several years of predictable policies, encouraging investment in new projects. The tax credits are part of a 2,009-page omnibus-spending bill unveiled by the House Appropriations Committee on Dec. 15. The […]

FirstEnergy Corp., which may enter into a settlement with Ohio to safeguard the future of its Davis-Besse nuclear plant—a deal critics have blasted as “corporate welfare”—just got the Nuclear Regulatory Commission’s permission to operate the 1978-built reactor until 2037. The 20-year license extension marks a milestone for Akron-headquartered FirstEnergy, which has warned it might have […]

Shaken financially by low natural gas prices and subsidized renewables, the nuclear industry has launched a new initiative to reduce nuclear power plant operating costs to make them more economically viable. Industry group the Nuclear Energy Institute (NEI) said on Dec. 8 it is coordinating a multifaceted effort in tandem with member utilities, the Institute […]

The power sector should view the Environmental Protection Agency’s (EPA’s) recent drive to tighten regulations on air and water emissions as an opportunity to improve its efficiency and environmental footprint rather than as an obstacle, said EPA General Counsel Avi S. Garbow at POWER magazine’s inaugural conference on legal issues in the generation industry. “We want […]

Germany’s largest power generator RWE, following in the footsteps of its competitor E.ON, plans to split its company to bank on renewable energy and grid operations, which it says is the future for utility companies. If approved by RWE’s supervisory board, the Essen-headquartered company that produces more than 40% of its power from hard coal […]

Editors note: Corrected (Dec. 7). A previous version of this infographic listed Russia’s nuclear total as 1.9 GW. It is 2.9 GW.

A regional haze program final rule for Texas expected soon from the Environmental Protection Agency (EPA) could speed up the retirement of about 4.7 GW of coal-fired capacity, warns the Electric Reliability Council of Texas (ERCOT) in a new generation outlook. The grid operator’s Dec. 1–released “Report on the Capacity, Demand and Reserves (CDR) in […]

Florida’s Seminole Electric Cooperative faces what may be the most difficult generation transition in the nation as a result of the Obama administration’s Clean Power Plan. One of the nation’s largest generation and transmission rural electric cooperatives, Seminole owes its origins and its current position primarily to a single coal-fired plant. When electric utility veteran […]

Germany’s nuclear power–producing companies will be able to shoulder the costs of the nuclear phase-out—including costs for decommissioning and the disposal of radioactive waste. That’s according to

GE Completes Alstom Acquisition. GE announced on Nov. 2 that a $10.6 billion deal to acquire Alstom ’s power and grid business is complete. Alstom will now entirely refocus its activities on rail transport

In a major speech setting out the future direction of the UK’s energy policy, Energy and Climate Change Secretary Amber Rudd announced plans to restrict the use of the country’s coal-fired power stations by 2023 and close all of the facilities by 2025. “Frankly, it cannot be satisfactory for an advanced economy like the UK […]

Another month, another premature nuclear plant retirement. About two weeks ago, Entergy finally threw in the towel on the James A. FitzPatrick Nuclear Power Plant in Scriba, N.Y., a move that came as a surprise to exactly no one who has been paying attention to the merchant nuclear business in the U.S. the past few […]

Several experts, meeting in Washington on Nov. 6 for the White House Summit on Nuclear Energy, agreed that more nuclear power is needed if the world hopes to minimize the effects of climate change and limit the increase in average temperatures around the globe. The Two-Degree-C Scenario William D. Magwood IV, director-general of the Organisation […]

Falling power and gas prices will impact the operating cash flows of unregulated U.S. utilities in 2016, but regulated utilities will see a more stable outlook owing to a supportive regulatory environment, Moody’s Investors Service said in a new analysis of fundamental business conditions released on Nov. 6. Moody’s changed its 2016 industry outlook for […]