Latest
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Nuclear
Vogtle Owners Vote to Continue Nuclear Expansion Project
The four co-owners of the Plant Vogtle nuclear expansion project in Georgia have voted to continue construction of two new reactors at the site near Waynesboro. The vote on September 26 came two days after the original deadline for a vote on the future of Units 3 and 4, which are scheduled to come online […]
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Legal & Regulatory
Deadline Extended for Vote on Future of Plant Vogtle
The drama over the fate of the Plant Vogtle nuclear expansion in Georgia continued September 25 as the four co-owners of the project sparred over conditions that one of the co-owners, Oglethorpe Power, wants in order to secure its support for moving forward with the project. A vote on the future of the oft-delayed, massively […]
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Gas
Siemens Cutting 2,900 Jobs, Vying with GE for $15B Iraqi Contract
Siemens on September 24 said it would cut about 2,900 jobs, mostly from its Power and Gas division in Germany, as it continues restructuring to achieve cost savings amid a tough global market for turbine manufacturers. Siemens on Monday said the cuts will save the company about €270 million ($318 million) and is part of […]
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Video
[VIDEO] Vogtle’s Soaring Costs
The project to expand the two-unit Plant Vogtle in Georgia with two new AP1000 reactors has suffered debilitating delays and mounting costs.
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Legal & Regulatory
Oglethorpe Agrees to Continue Vogtle Nuclear Project with Conditions; Final Vote Still to Come
Owners of the beleaguered Plant Vogtle nuclear expansion project have voted—at least for now—to continue construction of two new AP1000 reactors at the site near Waynesboro, Georgia. Directors of the Municipal Electric Authority of Georgia (MEAG Power) and Oglethorpe Power on September 24 each agreed the oft-delayed and increasingly over-budget project should move forward, although […]
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History
How the Vogtle Nuclear Expansion’s Costs Escalated
The project to expand the two-unit Plant Vogtle nuclear power station in Georgia with two new AP1000 reactors has suffered debilitating delays and mounting costs. The project is owned by four partners: Southern Co. subsidiary Georgia Power (45.7%), Oglethorpe Power Corp. (OPC, 30%), Municipal Electric Authority of Georgia (MEAG Power, 22.7%), and Dalton Utilities (1.6%). Units […]
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Coal
[UPDATED] Breached Duke Energy Cooling Lake Floods Plant, Enters Cape Fear River
Hurricane Florence floodwaters have breached a cooling lake dam at Duke Energy’s Sutton Plant in Wilmington, North Carolina, releasing water into the Cape Fear River and flooding the footprint of the gas plant at the site, which has been shut down. The company’s latest update signals mounting troubles at the site, where Duke Energy shuttered […]
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Coal
Companies End Effort to Buy Navajo Generating Station
The companies negotiating to purchase the largest coal-fired power plant in the southwestern U.S. have ended their pursuit, which means the 2,250-MW Navajo Generating Station (NGS) near Page, Arizona, remains scheduled to close by year-end 2019. Avenue Capital, a New York-based global investment firm focused on distressed assets, and Chicago-based Middle River Power on September […]
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Nuclear
AP1000 Reactor Set for Commercial Operation in China
An AP1000 nuclear reactor at the Sanmen power plant in China will likely be the first of its kind to begin commercial operation, with reports saying the reactor could come online as early as September 21. A statement from China National Nuclear Power Company, issued to the stock exchange in Shanghai on September 20, said […]
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Gas
3-D Printed Gas Turbine Technology Marks ‘Game Changing’ Milestone
The world’s first 3-D printed burner for an industrial gas turbine has been in operation for one year with no reported issues. Siemens, which installed the burner for the 32.8-MW SGT-7000 gas turbine at E.ON’s combined cycle power plant in Philippsthal in the German state of Hessen said on September 19 that it has been […]