Latest
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Renewables
Europe Rebuilds Grid to Accommodate Green Energy Swell
A flood of renewable capacity in the European Union is forcing member countries to consider grid upgrades that offer a more substantial power supply management role to distribution system operators. Lee
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Legal & Regulatory
Technology Risk Insurance Broadens Power Project Financing Options
Power project financing demands are constantly changing. The current model for structuring project finance transactions began with the emergence of independent power producers (IPPs). Many IPPs only wanted to
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Legal & Regulatory
As Community Choice Aggregation Expands, the Battle Over “Exit Fees” Intensifies
Community choice aggregation (CCA) continues to emerge as a favorite tool for towns, cities, and counties interested in pursuing local control over their energy supply, increased renewable electricity
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Legal & Regulatory
D.C. Circuit Halts Clean Power Plan, Mercury Rule Litigation
In two separate actions over the past 24 hours, the D.C. Circuit granted the Environmental Protection Agency’s (EPA’s) request to suspend cases challenging the Clean Power Plan and the Mercury and Air Toxics Standards (MATS). The orders are the latest in a series of similar actions over the past month by the D.C. Circuit that […]
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Coal
[UPDATED] Dynegy Rethinks Illinois Ventures Amid Market Turmoil
As Dynegy moved this week to assume full ownership of two struggling Ohio coal plants it co-owns with AES Corp. subsidiary DPL Inc., the company’s CEO reportedly said it is mulling withdrawing its presence from downstate Illinois owing to the state’s intervention to keep its nuclear plants running. Dynegy CEO Robert Flexon told Crain’s Chicago Business […]
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Renewables
Drought Has Big Impact on California Power Market
Rain and snow has returned to California, ending the record-setting drought with record-setting precipitation. The drought led to forest fires, dead orchards, and brown lawns. It also took a big bite out of ratepayers’ wallets and increased global warming emissions, due to the loss of low-cost, zero-emission hydropower. In a study released April 26 by […]
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Environmental
Paris Agreement Debate Heats Up
President Donald Trump is getting a lot of advice about the Paris Agreement on climate change lately, though it remains uncertain what he’ll do with it. A group of more than a dozen companies, including some power industry big hitters, sent a letter April 26 to the president calling for continued involvement in the agreement. […]
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Legal & Regulatory
Columbia Study Casts Doubt on Trump Coal Plan
Natural gas supply and price, along with lower electric demand and the growth of renewables, have been far more responsible for the decline in the U.S. coal industry than environmental regulations, according to a new study by Columbia University’s Center on Global Energy Policy and the Rhodium Group, a New York consulting firm. That means […]
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O&M
GE Power Inks Its Largest Services Deal Ever
GE Power signed a landmark deal to provide operations and maintenance (O&M) services for 10 power plants with a combined capacity of 11 GW. Sonelgaz SPE, a state-owned utility in charge of electricity and natural gas distribution in Algeria, owns the facilities. The agreement includes technology upgrades designed to enhance energy efficiency—allowing more than 420 […]
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Nuclear
Report: Westinghouse Bankruptcy Raises “Fundamental Questions” About Nuclear’s Future
The impact of Westinghouse Electric Co.’s March 29 bankruptcy filing will be felt throughout the U.S. nuclear power industry, accord to an April 19 report released by the Congressional Research Service (CRS). “The bankruptcy filing raised fundamental questions about the future of the U.S. nuclear power industry, and particularly whether four new reactors that Westinghouse […]