Latest
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Coal
Duke Reaches Final Settlement with North Carolina on Coal Ash
Duke Energy announced on Sept. 29 that it had agreed to pay a $7 million fine to resolve all groundwater issues with the North Carolina Department of Environmental Quality (NCDEQ) relating to its 14 facilities in the state. The settlement comes after Duke appealed a proposed $25.1 million fine the NCDEQ levied in March. The […]
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Nuclear
U.S. Nuclear Plants Are Operating Better than Ever
The nation’s nuclear fleet has performed impressively through the first eight months of 2015. Plant outages averaged less than 3% of total U.S. nuclear capacity during the all-important peak summer season this year—from June through August. The result is far better than even the lowest range of data from any of the past five years. […]
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Renewables
China to Limit Support for High-Carbon Projects, Begin Nationwide Carbon Cap-and-Trade by 2017
In its latest effort to ram down carbon emissions and address air pollution, China will strictly limit public financing to coal and other high-carbon projects and begin a national program in 2017 to cap and trade greenhouse gas emissions. The country’s emission trading system will cover power generation, steel, cement, and other key sectors. China […]
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O&M
ISOs, RTOs Outline Winterization Efforts
In presentations to the Federal Energy Regulatory Commission (FERC), the nation’s regional transmission organizations (RTOs) and independent system operators (ISOs) on Sept. 17 outlined measures they are taking to prevent issues if faced with extreme weather this winter. The measures are to prevent widespread generation outages as occurred during the Jan. 6–7, 2014, polar vortex. […]
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Nuclear
NRC Investigates Control Valve Failures at Callaway Nuclear Plant
The Nuclear Regulatory Commission (NRC) announced on Sept. 21 that it has begun a special inspection at the Callaway nuclear plant in Fulton, Mo., to investigate the failure of three of four control valves that regulate water flow to the plant’s steam generators. The review follows a reactor trip that occurred on August 11. According […]
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Coal
Another Kentucky Coal Plant Shutting Down
Another coal plant in the heart of coal country is shutting down after Owensboro Municipal Utilities, Kentucky’s largest municipal electric retailer, said it would retire Unit 1 of the Elmer Smith Power Plant in Owensboro some time between 2019 and 2020. The 163-MW Unit 1 opened in 1964. The larger 282-MW Unit 2, which came […]
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Legal & Regulatory
Duke Energy Settles with Groups Over Edwardsport Operating Costs
Duke Energy Indiana reached a settlement agreement with some of the state’s key consumer groups related to operating costs at its Edwardsport integrated gasification combined cycle (IGCC) coal power plant. The deal was submitted to state regulators on Sept. 18 and is subject to Indiana Utility Regulatory Commission (IURC) approval. If approved, it would resolve […]
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Cybersecurity
Cybersecurity Rating Firm Finds Energy and Utilities Industry Performance Concerning
Researchers looking at “quantifiable differences in security performance” across industries from August 1, 2014, to August 1, 2015, found “challenging performance trends” in the critical energy and utilities sector. The third annual BitSight Insights Industry Benchmark report analyzed security ratings of nearly 10,000 organizations in six industries: finance, federal government, retail, energy and utilities, healthcare, […]
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Renewables
NRG Energy to Reorganize, Seeds New Renewables Company
NRG Energy has embarked on a “reset” that will see a separation of its core distributed generation and fossil fuel businesses. The company, headquartered in Princeton, N.J., wants to “simplify” NRG Group to cut down expenses and debt. In a transition that will begin now and be fully effective on Jan. 1, 2016, it will separate […]
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Solar
Storage Is Key to CSP’s Future, CEOs Say
The global concentrating solar power (CSP) sector, criticized by some observers for high costs and uncertain technology, is poised for significant growth and a key role in the power mix—provided markets are structured to properly value their ability to store and dispatch renewable energy, three senior CSP executives said on Sept. 16. Speaking at the […]