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According to a story first reported by Amanda Levin of TheStreet.com, American Electric Power Co. (AEP) has retained the services of Goldman, Sachs & Co. in an effort to unload its 7,923-MW merchant generation fleet. AEP—headquartered in Columbus, Ohio—is one of the largest electric utilities in the U.S., serving over five million customers in 11 […]

Exelon’s R.E. Ginna Power Station in western New York may be the next U.S. nuclear plant to shut down in the face of competitive pressures if the company cannot get approval to substantially increase the rates it charges for the plant’s electricity. Ginna had a power purchase agreement with Rochester Gas & Electric that expired […]

The breathtaking collapse in crude oil prices this past fall, which has seen benchmark prices drop from over $110 a barrel last year to under $50 this past week, has had little effect on U.S. natural gas production, which continues to set records. According to data from the Energy Information Administration (EIA), U.S. dry natural […]

With California already on track to meet its goal of getting 33% of its electricity from renewable sources by 2020, Gov. Jerry Brown announced on Jan. 5 that he would seek to raise the renewables portfolio standard (RPS) target to 50% by 2030. In his inaugural speech opening his fourth term (he previously served from […]

The U.S. Environmental Protection Agency (EPA) said today that a delay in issuing final rules affecting carbon dioxide emissions from new power plants, which were due this week, will help the agency release a set of more coordinated rules covering new, existing, and modified plants. The carbon dioxide rule for new plants—issued under Section 111(b) […]

The controversial Cape Wind power project planned for development off Nantucket Island in Massachusetts has suffered what may be a fatal blow, The Boston Globe reported today. According to the newspaper and several other independent reports, the two local utilities that had contracts to buy power from the offshore wind farm terminated their contracts as […]

Much has been made recently of Mexico’s energy sector reforms, and because those reforms are still in being implemented, it can be useful to compare their progress with the outcome of previous reforms in Latin America. (A condensed version of this material appears in the January 2015 print issue of POWER: “Can Mexico’s Electricity Reform […]

As the global electric power industry continues to develop clean, high-quality energy capacity for sustainable development, the position of small hydropower has changed. In the past few decades, small hydropower development in China has experienced positive momentum, but there are still problems to be solved. To solve these problems, various relationships within the small hydropower […]

Through 2014, 47 GW of new wind power capacity will be installed in China, Brazil, South Africa, Mexico, and other emerging markets, marking a sharp recovery for the global wind industry after four years of