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Exelon has halted construction of a 650-MW natural gas–fired power plant it planned to build to meet electricity needs in southern Pennsylvania because demand has tapered off on the back of a slow economy.

Two revolutionary mobile power stations, developed separately by companies in Russia and Germany, could soon be afloat. Russian investment management company United Industrial Corp. (Russian acronym OPK) said last week it is on track to launch the world’s first floating nuclear power station by 2010, while German power generation giant RWE could soon pilot a combined-cycle gas turbine “power barge,” deploying it at continental shores where electricity is most needed.

Talks have begun to resolve key differences between the U.S. House’s $819 billion economic stimulus plan and the $838 billion approved by the Senate this week. Among these differences are that the Senate bill includes $50 billion for loan guarantees for new nuclear reactors and clean coal plants.

A U.S. Department of Energy (DOE) team of regional partners has begun injecting carbon dioxide (CO₂) into coal seams in the Central Appalachian Basin to determine the feasibility of CO₂ storage in unmineable coal seams and the potential for enhanced coalbed methane recovery.

The 250-MW Highwood coal-fired power plant doggedly pursued by the Southern Montana Electric Generation & Transmission Cooperative (SME) has not been scrapped, as has been widely reported by other media sources. It has been put on hold while the cooperative pursues a more expeditious route to meeting power demand by building a 120-MW combined-cycle natural gas–fired plant and erecting at least 6 MW of wind turbines.

Five electric utilities in the U.S. and Canada are hosting Electric Power Research Institute (EPRI) studies of the impacts of retrofitting advanced amine-based post-combustion carbon dioxide capture technology to existing coal-fired power plants. In addition to the five host site companies, 15 other companies and organizations, including six from Canada and one from Australia, have joined the project.

French nuclear giant AREVA has had a spate of good news lately. Last week, French President Nicolas Sarkozy announced that France would be going ahead with the construction of a second EPR. On Tuesday, the company said it had won a deal of more than €5 billion to enrich uranium from French power giant Électricité de France (EDF), and on Wednesday, it signed a major agreement in India to build two of six planned EPRs in Maharashtra state.

Last year, the U.S. passed Germany to become a world leader in wind power installations, while China’s total capacity doubled for the fourth year in a row, the Global Wind Energy Council (GWEC) said last week. Total worldwide installations in 2008 were more than 27,000 MW, dominated by the three main markets in Europe, North America, and Asia.

The Texas Public Utility Commission (PUC) assigned approximately $5 billion of transmission projects to be constructed in Texas’ Competitive Renewable Energy Zones (CREZ) at an open meeting last Thursday.

Luminant and Mitsubishi Heavy Industries (MHI) on Monday announced they had established a joint venture to develop Luminant’s Comanche Peak Units 3 & 4 in Texas using MHI’s US-Advanced Pressurized Water Reactor (US-APWR).