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Business
DOE Suspends $750M Annual Nuclear Waste Fee
As of May 16, the Department of Energy (DOE) will no longer collect the one-tenth-of-a-cent fee per kilowatt-hour of power generated by nuclear plants that was set by the Nuclear Waste Policy Act of 1982. In a letter dated May 12, the DOE notified generators storing spent nuclear fuel that is meant to be disposed of […]
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Nuclear
NEI: NRC Proposal to Collect More Fees from Nuclear Generators is “Unjustified”
The $930.7 million proposal by the Nuclear Regulatory Commission (NRC) to recover 90% of its budget authority through licensing, inspection, and annual fees to be charged to U.S. nuclear generators in fiscal year (FY) 2014 is a 7.7% hike from the year before, but it is “unjustified,” given the decline in the number of operating […]
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Environmental
New York Mulls Requiring Utilities to Address Climate Change Risks
New York Attorney General Eric Schneiderman on Tuesday announced his office would propose legislation that would require electric and gas utilities to assess and document their systems’ vulnerability to climate change. Though Schneiderman hasn’t yet set a date for when his office will propose the state bill, the legislation is likely to establish a framework […]
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Solar
DOE Continues to Push Concentrating Solar Power Systems
The Department of Energy (DOE) released a report on May 21 highlighting progress at five concentrating solar power (CSP) projects in the southwestern U.S. In the report, “2014: The Year of Concentrating Solar Power,” three DOE-supported technologies are featured: parabolic trough, power tower, and thermal storage. The DOE has helped finance the large-scale deployment of […]
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Power
Russia, China Ink Major Gas Supply Deal
Ending a decade of often-contentious negotiations, Russia and China on May 21 signed a 30-year, $400 billion deal that will initially send around 38 billion cubic meters (bcm) of natural gas per year to Chinese markets, with plans to later expand that to 60 bcm/yr as pipeline capacity expands. The agreement was finalized by Chinese President Xi […]
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Nuclear
U.S. Charges Chinese Hackers for Attacks on Nuclear and Solar Firms
For the first time ever, the U.S. has filed criminal charges against known state actors for hacking U.S. interests. A grand jury in the Western District of Pennsylvania indicted five Chinese military hackers for computer hacking, economic espionage, and other offenses directed at six American victims in the U.S. nuclear power, metals, and solar products […]
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Coal
Flooding Threatens Coal-Fired Power Plant
While the rainfall has stopped for now, the risk of flooding continues for the Nikola Tesla coal-fired power plant located on the Sava River near Obrenovac, Serbia (Figure 1). 1. Flooding from the Sava River has affected many parts of Obrenovac, Serbia. Courtesy: EPS The 1,502-MW “A” plant (Figure 2) has six units and is […]
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Gas
Gas and Solar to Ease California Hydro Shortage, Says CAISO
Substantial new gas-fired and solar generation that have been added to the California grid over the past year are expected to take up the slack this summer as an ongoing severe drought has led to substantial limitations on hydroelectric generation, according the summer 2014 assessment from the California Independent System Operator (CAISO). According to the […]
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Gas
Duke Energy Florida Goes All-In on Gas
Rebounding from the loss of the Crystal River nuclear plant, Duke Energy Florida announced plans on May 13 to replace the lost capacity with a new 1,640-MW combined cycle plant on the same site. Duke will also add two combustion turbines, totaling 320 MW, to the Suwannee plant near Live Oak and increase the capacity […]
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Gas
GE Bid for Alstom Shakes Up Gas Turbine Sector
General Electric’s (GE’s) $16.9 billion bid for rival Alstom’s power and grid divisions has set in motion a drama that seems certain to shake up the generation sector worldwide. GE and Alstom announced the all-cash offer, consisting of $13.5 billion in enterprise value and $3.4 billion in net cash, on April 30. Rumors of the […]