Latest
-
Legal & Regulatory
Trump Administration Leaders Send Mixed Messages About Fuel Diversity
The Trump administration says it’s not going to pick winners and losers when it comes to energy generation, but it sure doesn’t seem to like wind and solar, judging from a recent presentation by Interior Secretary Ryan Zinke. The nation needs a diverse energy mix, including nuclear, coal, natural gas, and renewables, several energy industry […]
-
Legal & Regulatory
Dominion Will Restart Virginia Coal Units After DOE Emergency Order
The U.S. Department of Energy (DOE) said PJM can restart two coal-fired units at Dominion Energy’s Yorktown, Va., power plant, two months after the aging units were shut down because they could not meet federal emissions standards. The emergency order from the DOE, issued June 16, allows the units to run during the hot summer […]
-
Legal & Regulatory
Cost Overruns at Vogtle Expected to Soar
Georgia Power officials say the utility continues to work with its partners in the troubled Vogtle nuclear plant to firm up construction timelines and determine the costs to complete two new units at the facility. At the same time, a group opposed to the project and two long-time project consultants say ballooning costs should put […]
-
Legal & Regulatory
Analysis Shows U.S. Nuclear Plants Losing $2.9 Billion Annually
Increased use of less-expensive natural gas and renewable sources of energy for power generation is putting financial pressure on U.S. nuclear power plants, according to an analysis of electricity costs from Bloomberg New Energy Finance (BNEF). Nicholas Steckler, an analyst for BNEF, in a June 14 report said nuclear operators are losing about $2.9 billion […]
-
Renewables
Wind and Solar Cross 10% U.S. Generation Share as Prices for Solar Keep Falling
Marking a significant milestone, power generation from the combined utility-scale and small-scale wind and solar installations in the U.S. surpassed 10% of the nation’s total power generation in March, according to the Energy Information Administration (EIA). The news comes on the heels of an announcement last week by the Solar Energy Industries Association (SEIA) that […]
-
Coal
Bankrupt GenOn to Officially Split from NRG Energy
GenOn has begun its transition back into a standalone power generation company after NRG Energy—which acquired it in a $1.7 billion deal just five years ago—struck a comprehensive restructuring agreement with GenOn’s creditors, and GenOn filed for Chapter 11 protection. A June 14 financial filing confirms that NRG, GenOn, and an ad hoc group of […]
-
Coal
$28 Million in DOE Funding Available for Advanced Energy Systems R&D
The Department of Energy (DOE) is offering approximately $28 million in cost-shared funding for research and development of advanced energy systems. According to three separate funding opportunity announcements (FOAs), the department is looking for research into advanced combustion systems, advanced turbines, and gasification. “Advanced energy conversion systems are designed to enable efficient, low-cost, and near-zero […]
-
Legal & Regulatory
EPA Head Leaves Climate Summit Early
The administrator of the U.S. Environmental Protection Agency (EPA) reportedly left a Group of Seven summit on climate in Bologna, Italy, after the opening session of the two-day event, just days after President Donald Trump said the U.S. would pull out of the Paris climate agreement. Scott Pruitt, the Oklahoma attorney general before being tapped […]
-
Legal & Regulatory
Toshiba Agrees to $3.68 Billion Deal to Aid Vogtle Nuclear Construction
A nuclear plant construction project in Georgia that is years behind schedule and billions of dollars over budget has been given a lifeline that at least temporarily eases concerns about its future. Toshiba, the parent company of Westinghouse, and Southern Company subsidiary Georgia Power, majority owner of Plant Vogtle near Augusta, on June 9 reached […]
-
Gas
Proposed Wisconsin Gas-Fired Plant Would Aid Utilities’ Renewable Initiatives
Minnesota Power and Wisconsin’s Dairyland Power Cooperative announced plans to co-develop a combined cycle natural gas–fired power plant, a 550-MW facility designed to provide backup power for the utilities’ efforts to expand their use of renewable energy sources. The Nemadji Trail Energy Center would be built along the Nemadji River in Superior, Wis., a location […]