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Final FERC Rule Backs Reasonable Rates for Frequency Regulation Service Providers
A new rule enacted by the Federal Energy Regulatory Commission (FERC) on Thursday orders organized wholesale power market operators to pay “just and reasonable rates” for providers of regulation service, an ancillary transmission service that protects the grid by correcting deviations in grid frequency and balance on transmission lines with neighboring systems.
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Alberta Court Rejects Environmental Group’s Challenge to Planned Coal Plant
An Alberta court on Friday rejected an environmental group’s challenge to the August-issued Alberta Utility Commission approval of a planned 500-MW supercritical coal-fired addition at the 150-MW H.R. Milner Generating Station in the Grande Cache area. The court’s decision paves the way for Maxim Power to begin construction of the controversial unit—the first coal plant built in the province in a decade.
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California Adopts Final Cap-and-Trade Regulation
After three years of development, dozens of public workshops, and hundreds of meetings with stakeholders, the California Air Resources Board (ARB) on Thursday adopted a final rule to cap California’s greenhouse gas emissions and put a price on carbon. The cap-and-trade program starts in 2013 for electric utilities and large industrial facilities.
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Florida Regulators Greenlight Cost Recovery for New Nuclear Builds, Capacity Additions
Florida’s Public Service Commission (PSC) on Monday approved cost recovery amounts for construction of new nuclear power facilities and additions to existing nuclear plants planned by Progress Energy Florida and Florida Power & Light Co. (FPL). The decision would help secure “a diversified and stable energy future for Florida,” regulators said.
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FERC: Gas Demand to Result in Supply Constraints
Surging coal prices have continued to prompt generators to displace some coal used for power generation with natural gas, and gas demand is again expected to jump this winter, which could pose some supply restraints, the Federal Energy Regulatory Commission (FERC) said in its Winter 2011-2012 Energy Market Assessment.
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DOE Invests $60M to Reduce Cost of CSP Technologies
The Department of Energy (DOE) is seeking contenders for a three-year-long funding opportunity for applied scientific research to advance novel concentrating solar power (CSP) technologies. The $60 million investment is part of the DOE’s SunShot Initiative, a collaborative effort to reduce the cost of solar energy 75% and make it cost competitive with other forms of energy by the end of the decade.
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Companion Coal Ash Bill Introduced in Senate
A companion bill to the U.S. House’s recently passed Coal Residuals Reuse and Management Act (H.R. 2273) was last week introduced in the Senate by Sens. John Hoeven (R-N.D.) and Kent Conrad (D-N.D.).
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NYISO: RGGI Has Not Caused GHG Increases in Nonparticipating States from Increased Imports
A study conducted by the New York Independent System Operator Inc. (NYISO) to evaluate whether the cost of compliance with the Regional Greenhouse Gas Initiative (RGGI)—a regional cap-and-trade program—has caused an increase in greenhouse gas (GHG) emissions in neighboring non-RGGI areas such as Pennsylvania concluded RGGI has not caused an increase in emissions or significantly affected the pattern of power supply.
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USDA Approves $2.1B in Loans for Rural Power and Infrastructure Projects
The U.S. Department of Agriculture (USDA) on Thursday announced approvals of loans worth $2.1 billion to 43 projects in 27 states that would help rural electric utilities build and upgrade infrastructure in rural America.
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India Sees Tight Power Supplies Amid Severe Coal Shortages
Heavy rain in key mining areas in India has caused a critical coal shortage and restricted supplies to several major coal-fired power plants in the nation that fuels 55% of its power capacity with coal.