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News
Georgia Power, Southern Nuclear to Take Over Plant Vogtle Work
As the dust from Westinghouse’s recent bankruptcy filing begins to settle, Georgia Power has reached a deal to take over work at its Plant Vogtle nuclear expansion project when the current engineering, procurement, and construction contract on the project ends. The announcement of the intended transfer of management duties came May 12, as an interim […]
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Nuclear
EIA Predicts Nuclear Share of U.S. Generation to Fall Nearly 10% by 2050
In 2016, nuclear power accounted for about 20% of U.S. power generation, but that share is expected to fall to just 11% in 2050, according to the U.S. Energy Information Administration’s (EIA’s) 2017 Annual Energy Outlook (AEO2017). According to the EIA, 25% of the nation’s nuclear capacity, excluding plants that have already announced retirement, is […]
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O&M
No Firm Date for Watts Bar 2 Return to Service Yet
Watts Bar 2, the Tennessee Valley Authority’s (TVA’s) nuclear unit that began commercial operation last October, has been shut down indefinitely owing to a major issue with a condenser revealed this March. TVA spokesman Jim Hopson told POWER on May 11 that the reactor—the first new nuclear unit to begin operations in the U.S. in more than […]
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Coal
Report: Cheap Natural Gas Poised to Roil PJM Power Market
The flood of cheap Marcellus Shale gas driving massive construction of new natural gas power generation capacity could wreak havoc in the PJM power market, Moody’s Investors Service suggests in a new report. Two of the nation’s largest power markets, Texas and California, already pose a “distressed environment” for unregulated power companies owing to declining […]
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Business
Dominion Resources Changes its Name to Reflect Market Evolution
Dominion Resources, one of the nation’s largest power generators, has changed its name and the names of key subsidiaries, including Dominion Virginia Power. The Richmond, Va.–headquartered company that has a power portfolio of 26.2 GW, sizable transmission assets, as well as natural gas storage systems and pipelines, will now be known as “Dominion Energy.” The […]
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Legal & Regulatory
Trump Nominates Chatterjee, Powelson to FERC
President Trump on Monday made two nominations to fill vacancies at the Federal Energy Regulatory Commission (FERC), which, if confirmed, would restore the agency’s quorum and ability to take action. Neither nominee was a surprise. Both names had long circulated in Washington. The mystery was why it took so long—three months—for the administration to fill […]
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Nuclear
VC Summer Project 64% Complete, SCE&G Says
Still trying to figure out exactly what Westinghouse’s bankruptcy is going to mean for the project, SCANA Corp. subsidiary South Carolina Electric & Gas Co. (SCE&G), announced in its first quarter progress report that the two-unit expansion of Virgil C. Summer Nuclear Station is more than 64% complete. Westinghouse filed for bankruptcy on March 29, […]
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Coal
Norwegian CCS Boss: CCS is not BS
Sitting on a panel during the Bloomberg New Energy Finance Summit in New York City on April 24, Michael Bloomberg proclaimed that carbon capture and storage (CCS) is “total bullshit.” That statement was not received well by Trude Sundset, CEO of Gassnova, Norway’s state enterprise for the development of CCS. “There’s a whole new world […]
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Coal
EPA Guidance on State Coal Ash Permit Programs Is Coming, Pruitt Says
The Environmental Protection Agency (EPA) has announced it is working on guidance to give states the flexibility in implementing programs for the management of coal combustion residuals (CCR) disposal. In an April 28 letter to state governors, EPA Administrator Scott Pruitt described the agency’s steps to implement a “new authority” for authorizing state CCR management […]
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Nuclear
Vogtle, V.C. Summer Project Owners Buy More Time to Mull Fate of Nuclear Units
The owners of the Vogtle and V.C. Summer nuclear expansions separately secured a few more weeks to allow work to continue onsite at each project while they decide how to proceed with the half-built AP1000 reactors after Westinghouse’s financial debacle. In Georgia, owners of the project to expand Plant Vogtle extended an interim assessment agreement […]