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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

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 […]

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. […]

When commissioning a new power plant, requirements for purified water can be large—often more than an unfinished plant can supply. When it’s time to bring in outside help, proper planning can help avoid problems and keep budgets under control. With all the complexity inherent in the commissioning of a power plant, the last thing anyone […]

Now that the political conventions are over and Americans must choose between two presidential candidates, the rhetoric around coal’s future continues to heat up. What neither candidate is telling you, however, is that no matter who is elected in November, no matter what the makeup of the next Congress is, America’s coal age is over. […]

In an abrupt turn, the UK government has signaled that it will carefully consider its backing of a deal to build two nuclear reactors at Hinkley Point C in Somerset, England, throwing French firm EDF’s July 28 final investment decision to proceed with construction of the EPR units into flux. Following a lengthy review process […]

EDF’s board of directors made a final investment decision on July 28, giving the go-ahead to construct two nuclear reactors at Hinkley Point C in Somerset, England. The decision means the company can move forward with the long-anticipated project. Several contracts will need to be executed, including with the British government, China General Nuclear Power […]

A divided Georgia Public Service Commission (PSC) Thursday approved Georgia Power Co.’s plans to investigate a new nuclear power project in Stewart County, with a time frame around 2030. Approval came in a 4–1 vote, with Commissioner Lauren “Bubba” McDonald in opposition. The vote represented a bit of a compromise. The Atlanta-based Southern Co. subsidiary, […]

Power and utility deals through Q2 2016 are already outstripping full-year totals for previous three years.

Westinghouse Electric’s recent purchase of Chicago Bridge and Iron’s (CB&I’s) nuclear construction segment is embroiled in a new legal challenge, as CB&I filed suit in the Delaware Court of Chancery on July 21 over a $2 billion claim related to the deal The dispute is rooted in post-closing “true-up” working capital adjustments related to the […]