Latest
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Renewables
Massachusetts Lawmakers Approve Energy Storage, Offshore Wind Mandates
Massachusetts’ lawmakers approved an omnibus energy bill that sets down an energy storage mandate and requires utilities to solicit contracts for 1.6 GW of offshore wind. The bill also outlines clean energy procurement targets, including for 1.2 GW from hydro, onshore wind, and other renewables from within the state, from neighboring states, or from Canada. […]
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Legal & Regulatory
Ansaldo Energia Wins Arbitration Dispute Over Siemens Gas Turbine Patents [Updated]
Italian firm Ansaldo Energia successfully defended an arbitration case brought by Siemens in the International Chamber of Commerce (ICC) Arbitral Tribunal regarding its right to use Siemens gas turbine technology under a license agreement, the company said on Aug. 1. The dispute stemmed from an agreement that ran from 1991 through October 2004 under which […]
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Legal & Regulatory
N.Y. Approves Nuclear Subsidies and Mandates 50% Renewables by 2030
The New York State Public Service Commission (PSC) approved New York’s Clean Energy Standard on August 1, likely saving three upstate nuclear power plants, while requiring 50% of the state’s electricity to come from renewable energy sources by 2030. Gov. Andrew Cuomo (D) praised the action in a statement following the announcement. “New York has […]
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Coal
Indian Water Crisis Shuts Down Multiple Power Plants
A severe water crisis gripping India this year has forced several of the country’s hydroelectric and thermal power plants to shut down. At least 10 of India’s 29 states have been stricken by severe drought after the monsoons failed for two seasons in a row (as of the start of July, the monsoons had still […]
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Legal & Regulatory
Poland Shuns Wind, Doubles Down on Coal-Reliant Future
Poland, a country where hard coal and lignite power plants currently generate about 85% of the power, has passed a law that stymies a wind power expansion and is now mulling draft legislation that will help boost investments in new coal capacity. The eastern European country has bucked the trend toward renewable power that many […]
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Nuclear
POWER Digest
Court Forces Bulgaria to Pay for One of Two Canceled Reactors at Belene. Bulgaria’s National Electricity Co.(NEK) should pay Russia’s Atomstroyexport nearly $620 million in compensation for its canceled two-unit Belene nuclear plant, an international arbitration court in Geneva ruled in mid-June. The 2-GW plant was in the offing for more than two decades before NEK […]
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Legal & Regulatory
South Korea to Partially Liberalize Power Sector
In a major shakeup of a power sector currently monopolized by a state-owned giant, South Korea has moved to partially open its electricity generation market to private companies in a bid to improve efficiency
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Legal & Regulatory
Abolished Nuclear Tax Is Relief for Unprofitable Nuclear Operators in Sweden
Sweden, which has been contemplating the role of its 10 nuclear reactors in its future power mix, said in June it will phase out a tax on nuclear power over the next two years and replace aging plants with new ones. The agreement by the Social Democrats, the Moderate Party, the Green Party, the Centre […]
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Renewables
Time to Catch the Sea Breeze? Offshore Wind Power Development in China
After years of planning and sluggish development, 2016 may be the year that offshore wind power development takes off in China. Once it does, the market will be large. Offshore wind power has a very important role to play in easing power shortages in coastal areas of China and in responding to climate change effectively. […]