Latest
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Renewables
New Zealand’s Geothermal Industry Is Poised for the Future
Contact Energy fully commissioned New Zealand’s largest geothermal power plant last year, nudging installed geothermal capacity to a shade over 1 GW. Nearly 80% of the country’s electricity is sourced from
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Legal & Regulatory
Ohio Regulators Deny AEP’s Coal Plant Cost Recovery Plan
The Public Utilities Commission of Ohio (PUCO) approved an electric security plan (ESP) for AEP Ohio—a unit of American Electric Power—on Feb. 25, but declined to adopt the company’s proposed power purchase agreement (PPA) as it relates to the Ohio Valley Electric Corp. (OVEC). The PPA rider was a point of contention with several groups […]
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Renewables
Google Puts Another $300 Million into SolarCity
Google and rooftop solar company SolarCity announced on Feb. 26 that Google is contributing $300 million to an investment fund that is expected to finance $750 million in rooftop solar installations, the two companies said in a statement. The investment is structured as a tax equity deal that will allow Google to reduce its tax […]
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Nuclear
NRC to Inspect Damage to Summer Unit 2 Containment Vessel
The Nuclear Regulatory Commission (NRC) on Monday began a special inspection of damage to the containment vessel at Unit 2 of SCANA’s Summer nuclear plant, which is under construction in South Carolina. The inadvertent damage stems from an incident during the week of Feb. 9, the NRC said. “Chicago Bridge & Iron (CB&I) workers […]
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Nuclear
France Mulls Nuclear Overhaul as AREVA Reports $5.6B Loss
France will look at all options in an attempt to overhaul its state-run nuclear industry, French Energy Minister Ségolène Royal told reporters on Monday, after AREVA reported a $5.6 billion loss for 2014. The nuclear giant announced in a Feb. 23 statement that it expects a hefty €4.9 billion loss ($5.6 billion) for 2014. The […]
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O&M
Palo Verde Nuclear Station Sets U.S. Production Record
It’s no surprise that the Palo Verde Nuclear Generating Station led the nation in electrical generation in 2014—it has done that for 23 consecutive years—but with a total output of 32.3 million MWh, it even bested its own previous record set in 2012. The Palo Verde plant is located about 45 miles west of Phoenix, […]
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Legal & Regulatory
Duke Fined $102.2 Million for Mishandling Coal Ash
Duke Energy has been charged by federal authorities with nine misdemeanor counts of violating the Clean Water Act and other federal regulations stemming from improper disposal of coal ash at multiple sites in North Carolina. Duke said in a statement on Feb. 20 that it had entered a plea agreement with federal prosecutors to settle […]
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Solar
EPA and Utilities Are “On the Wrong Track,” Say Experts
Speaking to a sparsely filled room as the last of four presenters during the keynote plenary session at the Energy, Utility & Environment Conference in San Diego, Calif., Feb. 16, Len Hering, executive director of the California Center for Sustainable Energy (CSE), made it clear that he doesn’t think natural gas is the answer to […]
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Nuclear
Ginna Nuclear Power Plant Gets a Lifeline
On the verge of being mothballed as a result of a challenging market for its power, the R. E. Ginna Nuclear Power Plant in western New York got a three-and-a-half-year reprieve when plant owner Exelon reached a reliability support service agreement (RSSA) with Rochester Gas & Electric (RG&E) on Feb. 13. The deal will keep […]
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Legal & Regulatory
Ameren Comments on Suggested Revisions to the EPA’s Clean Power Plan
Although there has been plenty of discussion in the U.S. power industry about the challenges posed by the Environmental Protection Agency’s (EPA’s) proposed Clean Power Plan (CPP), Missouri-based Ameren Corp. is the first generating company to go public with a specific set of proposed revisions. On Feb. 11, Ameren released a white paper that proposed […]