Latest

  • Chill Out

    Chill out, relax, enjoy the ride, and take the real road to success. It’s the journey that counts and you can’t get to the end of the road without traveling along it.

  • House Votes to Block EPA GHG Regs, Strip DOE Funding

    The U.S. House of Representatives on Saturday passed, with a 235-189 vote, a short-term government funding measure that cuts more than $61 billion from the remainder of the fiscal year (FY) 2011 budget—including a $3 billion slash to the Environmental Protection Agency’s (EPA’s) budget. The continuing resolution (CR) seeks to block the EPA from implementing or enforcing statutory or regulatory greenhouse gas (GHG) rules affecting stationary sources that became effective after January 1, 2011.

  • EPA Issues Final Boiler MACT Rules, Plans to Reconsider Them

    In response to a federal court order, the Environmental Protection Agency (EPA) today issued final Clean Air Act standards for large and small boilers and incinerators that burn solid waste and sewage sludge. The EPA said, however, that it would reconsider the rules because “certain issues of central relevance” arose after the period of public comment.

  • Westinghouse Launches Small Modular Reactor Design

    Following President Obama’s $97 million budget request last week to support research into small modular reactors (SMRs), Westinghouse introduced a 200-MW class integral pressurized water reactor modeled on the company’s third-generation AP1000 reactor. The company also said it was preparing to collaborate with the U.S. Department of Energy’s SMR demonstration program.

  • Legislators in Minn., Mo., and Ind. Make Headway with Nuclear Bills

    The past week brought important news from state legislatures regarding nuclear power plants. Minnesota voted to lift a 17-year ban on new nuclear plants; a bill that would allow utilities to recoup costs for early site permits advanced in Missouri; and the Indiana Senate is preparing, amid controversy, to vote on a key measure that could incentivize development and construction of new nuclear generation in that state.

  • Progress Delays In-Service Dates for Proposed Reactors to Beyond 2020

    Progress Energy’s CEO William Johnson, who last month agreed to a merger deal with Duke Energy, on Thursday told attendees at a conference that proposed nuclear power plants in Florida and North Carolina would not be operational until at least 2020.

  • Dominion Looks to Retire 738-MW Salem Harbor Plant by 2014

    Dominion Energy last week told ISO New England, the power grid operator for six New England states,  that it could shutter its 60-year-old 738-MW Salem Harbor coal- and oil-fired power plant in Massachusetts by June 2014 to avoid retrofitting the facility with expensive pollution controls required by federal environmental regulations.

  • PwC: Power Sector Mergers and Acquisition Increase Steadily in Q4 2010

    The power sector saw steady, modest growth of merger and acquisition activity during the last three months of 2010, recently released analysis from PricewaterhouseCoopers (PwC) shows. The largest 25 announced deals decreased 37% in value, to $19.3 billion, compared to $30.8 billion in the fourth quarter of 2009, but financial buyers maintained investments in power deals in 2010 while corporate buyers continue to lead deal activity due to large amounts of cash to invest, PwC said.

  • Nev. ON Line Project Gets DOE’s First Transmission Loan Guarantee

    The Department of Energy (DOE) on Tuesday issued its first loan guarantee for a transmission project, committing $343 million to develop the One Nevada Transmission Line (ON Line) project. Jointly owned by Great Basin Transmission South and NV Energy, the proposed 500 kV AC transmission line is expected to carry 600 MW nearly 235 miles from Ely, Nev., to just north of Las Vegas.

  • GE Hitachi Nuclear Energy, Lockheed Martin Sign Supply Chain Agreement

    GE Hitachi Nuclear Energy (GEH) today announced it has signed an agreement with Lockheed Martin. The two U.S.-based companies will join forces to design and build what they say will be the world’s most advanced digital control systems and nuclear reactors.