Latest

  • Edison Mission Energy Seeks Bankruptcy Protection, Separation from Edison International

    Edison International’s unregulated power generating unit Edison Mission Energy (EME) on Monday filed for bankruptcy protection after reaching a reorganization agreement with its parent company and holders of its $3.7 billion in debt to become an entity that is independent of Edison International.

  • Nebraska Public Power District Board Votes to Approve Uprate at Cooper Nuclear Plant

    The Nebraska Public Power District’s (NPPD’s) Board of Directors on Friday unanimously voted to increase the amount of power produced at its 800-MW Cooper Nuclear Station by 146 MW through an extended power uprate.

  • Reserve Margins in Texas Barely Healthy Again, ERCOT Says

    Texas could again see tight power supplies in the summer of 2013 and beyond—with reserve margins dropping to 2.8% by 2022—even though the outlook has improved, the Electric Reliability Council of Texas (ERCOT) warned in its latest long-term outlook released on Monday.

  • Report: Fuel for Power Generation to Lead Energy Growth Through 2040

    Fuel for power generation will account for about 55% of demand-related energy growth through 2040, ExxonMobil forecasts in its freshly released annual energy forecast. Like several other forecasters, the Irving, Texas–based oil and gas company also predicts that natural gas will emerge as the leading source of electricity generation by 2040. Among key findings in […]

  • NRC Vets SCE’s SONGS Restart Plan, Warns Final Restart Approval Is “Months Away”

    While announcing that staff would meet with Southern California Edison (SCE) representatives on Dec. 18 to discuss the utility’s proposal to restart the San Onofre Nuclear Generating Station’s (SONGS’) Unit 2, the Nuclear Regulatory Commission (NRC) warned that the meeting was “only one step in a long process,” and that “a final decision on whether […]

  • New DOE Grants Buttress Seven Offshore Wind Demonstration Projects

    A new report commissioned by the Department of Energy (DOE) surveying offshore wind potential in the U.S. finds that establishing an offshore wind sector could drive more than $70 billion in annual investments by 2030. Citing that report, the DOE on Wednesday announced awards for seven offshore wind demonstration projects in Maine, New Jersey, Ohio, Oregon, Texas, and Virginia as part of efforts to launch a U.S. offshore wind industry and support offshore installations in state and federal waters for commercial deployment by 2017.

  • DOE Announces $29M to Bring Down Costs for Solar Installation

    The Department of Energy (DOE) on Friday announced a $29 million investment in four solar projects aimed at improving grid connection and reducing installation costs through plug-and-play technologies and reliable solar power forecasts. The awards are part of the agency’s SunShot Initiative, which is working to make solar energy competitive with other forms of energy without subsidy by the end of the decade.

  • NRC to Amend Waste Disposal Regulations

    The Nuclear Regulatory Commission (NRC) on Friday announced it was proposing to amend rules that govern low-level radioactive (LLR) waste disposal facilities. The proposal, published in the Federal Register, requires new and revised site-specific analyses and would permit the development of criteria for waste acceptance based on the results of those analyses.

  • Silicon Valley Funds Ontario Inventor’s Atmospheric Vortex Engine

    Maybe it’s time to start talking about the “POWER bump.” Over two years ago, POWER magazine published a story about a new concept for generating power from waste heat. Today, Sarnia, Ontario’s AVEtec Energy Corp. announced that Silicon Valley entrepreneur and venture capitalist Peter Thiel will fund a prototype Atmospheric Vortex Engine (AVE) invented by the company’s president, Louis Michaud. The technology holds promise for low-cost thermal plant efficiency gains by generating power from waste heat.

  • UK Approves Final Design Certification for AREVA/EDF EPR

    After a four-year analysis, UK nuclear regulators on Thursday approved the generic nuclear design of the UK EPR proposed by France’s EDF and AREVA, confirming that it meets regulatory expectations on safety, security, and environmental impact. The decision paves the way for EDF to begin construction on two EPRs at Hinkley Point in Somerset.