Latest

  • FERC Action Freezes Duke-Progress Merger

    The Federal Energy Regulatory Commission (FERC) stunned officials of Duke Energy and Progress Energy on Thursday when it refused to unconditionally approve a $13.7 billion merger deal of the two companies that would have created the largest U.S. electric utility. The regulatory body cited concerns about the merger’s impact on power markets in North and South Carolina—where both companies are based—for its decision.

  • EPA Finalizes Air Toxics Rule

    The Environmental Protection Agency (EPA) today issued its final Mercury and Air Toxics Standards (MATS), which will require about 40% of all coal-fired power plants in the U.S. to deploy pollution control technologies to curb emissions of mercury and other air pollutants such as arsenic and cyanide within three years. The regulation has been called the “most expensive order” aimed at companies that has been considered by the Obama administration.

  • Final Amended Rule Includes More States in CSAPR

    The Environmental Protection Agency (EPA) last week issued a final rule amending its Cross-State Air Pollution Rule (CSAPR) to include five more states in the ozone season nitrogen oxide (NOx) program. The final rule adds Oklahoma to the CSAPR program (for its ozone-season NOx emissions only), bringing the total number of states covered by the rule to 28.

  • TEPCO: Daiichi Units in Cold Shutdown, But Crisis Continues

    Nine months after the Daiichi nuclear power plant in Japan’s Fukushima Prefecture was rocked by a magnitude 9.0 quake and an ensuing massive tsunami that plunged it into the worst nuclear crisis since Chernobyl, 25 years earlier, Japan’s prime minister, Yoshihiko Noda, on Friday said in a televised address that the plant’s four afflicted units have been brought to a state of cold shutdown. However, the crisis is far from over, he said.

  • EU Energy Roadmap Calls for Energy Efficiency, Power Prices to Reflect Costs

    A report was released last week by the European Commission that outlines possible ways European Union (EU) members can ensure energy security and competitiveness while meeting an ambitious goal of reducing their greenhouse gas (GHG) emissions from 80% to 95% below 1990 levels by 2050.

  • DATC Takes Reins on Development of $3.5B HVDC Line From Wyo. to Calif.

    Duke-American Transmission Co. (DATC) will take charge of the design and development of a proposed 950-mile 500-kV transmission line that would deliver wind energy generated in eastern Wyoming to California and the southwestern U.S.

  • Former IURC Chair Indicted in Edwardsport Ethics Scandal

    A former chairman of the Indiana Utility Regulatory Commission (IURC) who was embroiled in an ethics scandal over helping a former agency counsel apply for a job at Duke Energy while participating in proceedings involving the utility’s costly Edwardsport integrated gasification combined cycle (IGCC) plant was indicted on Monday by a grand jury in Marion County.

  • MISO Approves Plan for 215 New Midwestern Transmission Projects Amid EPA Rule Concerns

    The Midwest Independent Transmission System Operator (MISO) on Thursday approved 215 new transmission infrastructure projects as part of the grid operator’s Transmission Expansion Plan 2011 (MTEP11). The projects include 17 transmission line projects that are estimated to cost as much as $5.2 billion to manage a “severe drop in planning reserve margins” that MISO has forecast could occur in the next years if pending environmental regulations proceed as planned.

  • LS Power Agreement with Environmental Groups Affects Three Major Coal Projects

    An agreement reached between LS Power and environmental groups on Monday ends a decade-long legal battle, but it will force the company to ditch plans to build the 1,200-MW coal-fired Longleaf Energy Station near Blakey, Ga.; shelve plans for at least five years to build the 665-MW Plum Point II coal-fired plant near Osceola, Ark.; and limit pollution from the 900-MW pulverized Sandy Creek plant in Riesel, Texas.

  • Entergy Merger of Transmission Business with ITC to Create Investment Muscle in New Projects

    Entergy Corp. last week agreed to divest and then merge its electric transmission business with the nation’s largest independent electric transmission company, ITC Holdings Corp. If the merger is completed, and ITC integrates Entergy’s 15,700 miles of interconnected transmission lines, that company could become one of the largest transmission companies in the U.S. with more than 30,000 miles of transmission lines from the Great Lakes to the Gulf Coast.