Latest
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O&M
Test Your Knowledge: Gas Turbine Failure Modes
The number of gas turbines operating around the world is growing steadily. In this environment, the number of power sector workers new to gas turbines is also expanding, and a review of what can go wrong with this equipment is useful. Although gas turbines vary, all have a common set of operational challenges. Knowing what […]
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Distributed Energy
Microgrid Deployment Continues to Grow Worldwide
Microgrid deployment is rapidly taking hold worldwide, a new report from Navigant Research suggests. As of the fourth quarter of 2017, the research group’s Microgrid Deployment Tracker had identified 1,869 projects—representing a total capacity of 20.7 GW—operating, under development, or proposed across 123 countries worldwide. That compares to 18 GW of microgrid capacity identified in […]
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Renewables
Direct-Use Power Generation to Outpace Retail Sales Through 2050
After decades of lethargic power demand—and negative growth in 2017—U.S. electricity use is expected to grow steadily through 2050, driven by a healthy economy and increasing efficiency, the U.S. Energy Information Administration (EIA) projects in its Annual Electricity Outlook 2018 (AEO2018). However, during that period, direct-use generation will outpace growth in retail sales as more […]
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Renewables
NRG Sells Renewables Assets, 3.6 GW of Louisiana Coal and Gas Power Plants
NRG Energy, in a bid to shed $7 billion in consolidated debt, is selling the bulk of its renewable assets and development platforms along with several coal and natural gas power plants worth 3.6 GW tied to its South Central Generating business. The independent power producer, which recently relinquished bankrupt wholesale generator GenOn Energy to […]
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Legal & Regulatory
Regulators Back Settlement for Costs of Failed Kemper IGCC Project
Shareholders of Mississippi Power will have to absorb the majority of outstanding costs resulting from the scuttled Kemper County coal gasification project, as the state’s Public Service Commission (PSC) on February 6 approved a settlement for the remaining liabilities associated with the much-touted “clean coal” plant. Mississippi Power in a statement said it “is pleased […]
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Legal & Regulatory
Virginia Considers New Utility Regulatory Rules
Virginia lawmakers are weighing legislation that would give the state more control over utilities, with some of the measures developed in concert with power companies. State legislators are discussing the proposals, some of which are designed to lift a freeze on utility rates, which could bring refunds for ratepayers—although others warn it could cause rates […]
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Renewables
AEP, American Power Giant, Sets Goal to Slash Carbon Emissions 80% by 2050
American Electric Power (AEP), one of the nation’s largest power generators, will pursue a strategy to reduce its carbon dioxide (CO2) emissions by 60% from 2000 levels by 2030, and 80% from 2000 levels by 2050. AEP expects to achieve carbon reductions through a variety of actions, including investments in renewable generation and advanced technologies […]
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Nuclear
Exelon Will Close Oyster Creek Nuclear Plant Earlier than Anticipated
Exelon Generation will shutter its Oyster Creek Generating Station in October 2018—more than a year before it is required to close the single-unit reactor as part of an agreement with the state of New Jersey. Exelon agreed in 2010 to close the unit by December 2019—10 years before its license to operate expires—after it decided […]
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Legal & Regulatory
More Premature Nuclear Unit Retirements Loom
Two more U.S. nuclear power plants are facing early retirement, joining a string of generators whose fate was determined by market conditions, political pressure, or financial stresses assailing the sector. Several others may be poised to join them. The 647-MW Duane Arnold nuclear plant in Palo, Iowa, will likely close in 2025 after a current […]
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Nuclear
Major Players in World Nuclear Market Merge
China’s State-Owned Assets Supervision and Administration Commission reorganized and transferred China Nuclear Engineering & Construction Corp. (CNEC) to China National Nuclear Corp. (CNNC) on January 31, forming a new giant in the nuclear power industry. The combined company is estimated to have nearly $100 billion in combined assets and almost 150,000 employees, according to data […]