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See “EIA International Outlook to 2040 Foresees Decoupling of Power Demand and Economic Growth,” (May 11, 2016) for an in-depth review of the Energy Information Administration (EIA)’s newly released International Energy Outlook 2016.  [gss link=”none” ids=”88941,88939,88947,88955,88967,88951″] —Sonal Patel, associate editor (@POWERmagazine, @sonalcpatel)

The world’s frenzied economic growth through 2040 won’t be matched by electricity demand growth, the Energy Information Administration (EIA) says in the International Energy Outlook 2016 (IEO2016 ) released on May 11. World net electricity generation will jump 69% by 2040, the IEO2016 reference case projects, but that is still well below “what it would […]

GE’s shopping spree in the power sector continued on May 10 as GE Power signed an agreement with Doosan Engineering & Construction to acquire the Korean firm’s heat recovery steam generator (HRSG) business for $250 million. According to GE, the acquisition will allow it to expand its offerings for combined cycle power plant solutions. The […]

SaskPower’s Boundary Dam Unit 3 carbon capture facility is now operating with a reliability rate of over 92%.

The U.S. Securities and Exchange Commission (SEC) is conducting a formal investigation concerning costs and delays plaguing Mississippi Power’s Kemper integrated gasification combined cycle (IGCC) plant. Southern Co., Mississippi Power’s parent company, revealed the investigation in a recent 10-Q financial filing. The company said that while it is fully cooperating with the SEC, it believes the […]

The Nuclear Regulatory Commission (NRC) on May 6 released a final environmental impact statement (EIS) supplement for the proposed Yucca Mountain nuclear waste repository, a court-obligated finding that may revive the comatose project. The final supplement evaluates the potential environmental impacts on groundwater and other impacts associated with the discharge of contaminated groundwater from the […]

Five nuclear projects—two old, one new, two planned—faced milestones this week as their owners confronted the realities of the U.S. nuclear market. Exelon Seeks Nuclear Support In Illinois, Exelon again warned that the long-challenged Clinton and Quad Cities plants would shut down unless the Illinois legislature passed a bill that would provide economic support for the […]

The Tennessee Valley Authority (TVA) board of directors voted on May 5 to surplus the Bellefonte Nuclear Plant property in northern Alabama so it can be offered for sale and potentially put to better use. The decision comes after months of consideration. On February 16, the TVA notified employees, customers, economic development interests, other stakeholders, […]

Hands down, 2015 was a record year for global investment in renewable energy. Excluding large hydroelectric projects, the amount of money committed to renewables rose 5%, to $285.9 billion, exceeding the previous record of $278.5 billion reached in 2011.

Uncertainty concerning a number of environmental rules is clouding planning measures, the Electric Reliability Council of Texas (ERCOT) said on May 3. Citing its latest Capacity, Demand, and Reserves (CDR) report—a snapshot of existing and planned resources and load forecasts for the next 10 years—the grid entity that manages about 90% of Texas’ electric load […]