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  • Ex-Im Bank Reauthorization Stalled, Even as House Prepares to Adjourn

    Though the U.S. Senate voted 64–29 this week to renew the charter of the Export-Import Bank of the United States (Ex-Im), the House may adjourn for its summer break without taking action on the issue.  Congress let the Ex-Im bank’s charter lapse for the first time in its 81 years of continuous operation on June […]

  • Power Sector Braces for Final Clean Power Plan Rule

    With the Environmental Protection Agency (EPA) expected to issue its final rule on power plant greenhouse gas emissions under the administration’s Clean Power Plan (CPP) early next week, reports strongly suggest the revisions will extend compliance deadlines in response to power sector complaints about a too-aggressive schedule in the proposed rule. A July 28 report […]

  • Alstom Offers Discount to Seal GE Acquisition Deal

    As part of a remedy package to appease the European Commission, Alstom will accept $331 million less than the original $13.63 billion purchase price offered by General Electric (GE) to close the deal.  The much-anticipated deal has come under close scrutiny by the European Commission, which opened a full-scale antitrust investigation into the deal on […]

  • New U.S. Nuclear Plant, Watts Bar Unit 2 Is One Step Closer to Startup

    Nuclear Regulatory Commission (NRC) inspectors reported that the Tennessee Valley Authority’s performance during a recent assessment conducted at Watts Bar Unit 2 indicated that the plant is ready to startup and conduct power operations. The news was conveyed at a public meeting hosted by the NRC on July 27 in Athens, Tenn., to review results […]

  • Hawaiian Electric, NextEra Merger Faces MajorTroubles

    NextEra Energy’s $4.3 billion bid to buy Hawaiian Electric Industries faces big, perhaps insurmountable, obstacles before the Hawaii Public Utilities Commission, which opened the record on the deal last week. The commission published the public filings in the case, which were overwhelmingly negative. Hawaii’s governor, David Ige, panned the deal in a press conference on […]

  • Coal Ash Bill Clears U.S. House

    The U.S. House of Representatives on July 23 passed by a 258–166 vote a coal ash bill that industry and states say is much-needed, but which the White House has threatened to veto.  The Improving Coal Combustion Residuals Regulation Act of 2015 (H.R. 1734) sponsored by Rep. David McKinley (R-W.Va.) seeks to implement standards finalized […]

  • Expert: 90% of U.S. Population Could Die if a Pulse Event Hits the Power Grid

    When a large electromagnetic pulse (EMP) or geomagnetic disturbance (GMD) event occurs—which, according to Sen. Ron Johnson (R-Wis.), there is “100% certainty” will happen at some time in the future—as many as 9 out of 10 people in the U.S. could die. Johnson, chairman of the U.S. Senate Committee on Homeland Security & Governmental Affairs, […]

  • Obama Administration Threatens Veto of House Coal Ash Bill

    The Obama Administration on July 21 threatened to veto a coal ash bill that is currently pending in the House and Senate, saying it would undermine protections in the Environmental Protection Agency’s (EPA’s) recently finalized rule on disposal of coal combustion residuals (CCR). The EPA rule, issued in December 2014, drew mixed reactions from the […]

  • Europe’s Largest Energy Storage Project Begins Construction

    AES has begun construction of what will be the largest energy storage project in Europe when it comes online later this year in Carrickfergus, Northern Ireland. The 10-MW/40-MWh Kilroot Advancion Energy Storage Array is being added to the AES UK & Ireland Kilroot Power Station in County Antrim along the country’s east coast. The grid-connected […]

  • Talen Energy Sinks Its Talons into Three Power Plants, 2.5 GW of Capacity

    Talen Energy Corp. announced on July 20 that it has agreed to acquire MACH Gen LLC, which owns three combined cycle, natural gas–fired power plants with more than 2.5 GW of total capacity for $1.175 billion. Talen Energy was formed on June 1 when PPL Corp. spun off its PPL Energy Supply business and combined […]