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Connected Plant
Blockchain-Enabled VPP Planned for South Korea
The South Korean government has pledged 4 billion Korean won (about $3.5 million) to support a blockchain-enabled virtual power plant (VPP) in Busan, the country’s second-most-populous city after Seoul. Busan officials said they have selected a project to build a VPP on a “citizens-shared” blockchain. Technology Aggregates Resources, Standardizes Transactions A VPP is a cloud-based […]
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FERC Follows Up on Tax Reform Response
The Federal Energy Regulatory Commission (FERC, the Commission) took several actions in November to address impacts from the Tax Cuts and Jobs Act (the Tax Act). FERC had previously issued a Notice of Inquiry seeking comments on how to address the impact of the Tax Act’s reduction in the corporate federal income tax (FIT) rate […]
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Dominican Republican to Get Floating Combined Cycle Gas Plant Outfitted with Battery Storage
A novel floating power plant that combines a 145-MW gas-fired combined cycle power plant and a battery energy storage system could begin operating in the Dominican Republic by early 2021. Siemens and the marine arm of Singapore-based ST Engineering on December 3 said they jointly received an order for a SeaFloat barge-mounted power plant from […]
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Senate Confirms McNamee as FERC Commissioner
The U.S. Senate on a 50-49 party-line vote December 6 confirmed Bernard McNamee to a seat on the five-member Federal Energy and Regulatory Commission (FERC), despite questions about his independence from the Trump administration and his previous comments in support of a bailout of coal and nuclear U.S. power plants at the expense of renewable […]
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Plagued by Grim Challenges, Vogtle Nuclear Expansion Lags Behind Schedule, Says Oversight Consultant
The two-unit Vogtle expansion in Georgia faces major challenges that are poised to derail its schedule and ramp up costs—and the project is already behind schedule, a consulting firm tasked with construction oversight of the project told regulators. In revealing testimony filed with the Georgia Public Service Commission’s (PSC’s) public interest advocacy staff on November […]
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Industry Groups to Congress: Inaction on Nuclear Waste Not an Option
Fifteen notable industry groups have urged Congressional leaders to act on the federal used nuclear fuel program, noting no progress on the Yucca Mountain repository license application and consolidated interim storage is “untenable.” The broad coalition of labor unions, state public service commissioners, clean energy organizations, and energy trade associations told U.S. House and Senate […]
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The Power Industry Is Transforming, One Municipal Utility Offers a Case in Point
POWER-GEN International kicked off on December 4 with a keynote presentation focused on evolving power generation schemes and changing business models. Gregory Lee, commission president with Orlando Utilities Commission (OUC), the municipally owned public utility that provides water and electric service to Orlando, Florida, and portions of other nearby areas, opened the conference by providing […]
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Xcel’s Latest Plan: Carbon-Free by 2050
Xcel Energy has announced its plan to move to 100% carbon-free power generation by 2050, with the utility also saying it will reduce carbon emissions by 80% by 2030, from 2005 levels. Xcel, headquartered in Minneapolis, Minnesota, serves customers in eight states and over the past two years has announced a significant number of renewable […]
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Developer Sues TVA Over Cancellation of Bellefonte Deal
The real estate developer who has tried for more than two years to buy the assets of the canceled Bellefonte nuclear power plant project in Alabama has sued the Tennessee Valley Authority (TVA) after TVA last week pulled out of the deal to sell the plant. Attorneys for Franklin Haney, whose Nuclear Development LLC (NDLLC) […]
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THE BIG PICTURE: Wind Turbine Trends
Average wind turbine capacity, rotor diameter, and hub height increased in 2017, continuing a long-term trend. One reason that wind producers choose bigger turbines is to optimize wind power project cost and performance, according to the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy. Source: U.S. DOE, 2017 Wind Technologies Market Report, […]