POWERnews
-
News
POWER Notebook: Duke Energy Sells Renewable Assets in $1.25 Billion Deal
Duke Energy this week said it has a definitive agreement to sell a minority interest in part of its commercial renewable energy portfolio owned and operated by its affiliate, Duke Energy Renewables, to the John Hancock Infrastructure Fund and John Hancock Life Insurance Company. Duke in an April 24 release said the interest is valued […]
-
News
Rocky Mountain Power Considers Early Closure of Coal Units
Rocky Mountain Power (RMP) on April 24 said an updated analysis of its operations suggests the company could lower costs for customers if it accelerates the retirement of four coal-fired units in Wyoming. Gary Hoogeveen, president and CEO of RMP, which is part of Pacificorp, told state and local officials the company has not made […]
-
POWERNEWS—April 25, 2019
April 25, 2019 GE Power Engineer Implicated in Turbine Technology Theft for China’s Benefit A former GE Power engineer and a Chinese businessman conspired to steal General Electric (GE) trade secrets related to gas and steam turbine technologies to benefit China, the U.S. Department… Read More Sempra Energy Exits U.S. Renewables Sector Sempra Energy […]
-
News
Ex-GE Power Engineer Implicated in Turbine Technology Theft for China’s Benefit
A former GE Power engineer and a Chinese businessman conspired to steal General Electric (GE) trade secrets related to gas and steam turbine technologies to benefit China, the U.S. Department of Justice (DOJ) has alleged in an indictment unsealed on April 23. The 14-count indictment charges Xiaoqing Zheng, 56, of Niskayuna, New York, and Zhaoxi […]
-
News
Sempra Energy Exits U.S. Renewables Sector
Sempra Energy on April 22 marked its complete exit from the U.S. renewables business as it completed the sale of 724 MW of operating wind generation and battery assets to American Electric Power (AEP) for $1.05 billion. The San Diego–headquartered utility holding company, which says it has the largest U.S. customer base, said the move […]
-
News
Indiana Regulators Reject Vectren Plan for Gas Plant
The Indiana Utility Regulatory Commission (IURC) on April 24 rejected Vectren’s proposal to build an 850-MW natural gas-fired power plant to replace two coal-burning units at its A.B. Brown Generating Station, along with another coal unit at a nearby plant. The commission said it based its decision on the potential financial risk to ratepayers who they said […]
-
News
Generating a Winning Plan for Sustainability
Managing the power load of a Las Vegas casino might seem a daunting task. MGM Resorts International, which operates several iconic properties on the city’s famous strip along with other hospitality and entertainment venues worldwide, took matters into its own hands a few years ago as it tried to control its energy costs and also […]
-
News
Washington, Nevada Pass Clean Power Legislation
Washington this week became the latest state to establish a goal of 100% carbon-free clean electricity, as lawmakers passed Senate Bill 5116, which mandates a transition to clean power across the state by 2045. The bill was first introduced in January and is expected to be signed into law by Governor Jay Inslee. Washington joins […]
-
News
The POWER Interview – Keeping Nuclear Power Viable
Nuclear power in the U.S. and globally has battled headwinds in recent years, and not just from the growth of other power generation resources such as solar, wind, and natural gas. Problems in the U.S. nuclear sector, such as construction delays and cost overruns at the Vogtle site in Georgia, the cancellation of the V.C. […]
-
POWERnews—April 18, 2019
April 18, 2019 Federal Court Vacates Parts of Obama EPA’s ELG Rule In a legal victory for environmental groups, a federal court has vacated key portions of the Environmental Protection Agency’s (EPA’s) November 2015-promulgated effluent limitations guidelines (ELGs) for steam electric power… Read More Sponsored Content Piping Solutions Using Non-Welded Connections For hydropower and dams, […]
-
News
Federal Court Vacates Parts of Obama EPA’s ELG Rule
In a legal victory for environmental groups, a federal court has vacated key portions of the Environmental Protection Agency’s (EPA’s) November 2015-promulgated effluent limitations guidelines (ELGs) for steam electric power plants, deeming them “unlawful.” The decision adds a dramatic new element of uncertainty in timing of the rule, which the Trump administration has said it […]
-
Fuel
GE Marks ‘Ultra Low’ NOx Gas Turbine Technology Triumph
In a significant technical triumph, GE has completed first installation of a new gas-fired power plant technology that it says can reduce nitrogen oxide (NOx) emissions to 5 parts per million (ppm). GE on April 11 completed combustion upgrades on nine GE 9E gas turbines at five power generation enterprises in Shenzen, a major industrial […]
-
News
Duke Energy Projects Lead Carolinas’ Solar Expansion
Duke Energy on April 17 announced it will develop six utility-scale solar power projects in North Carolina, among 14 solar projects chosen as part of the state’s Competitive Procurement of Renewable Energy (CPRE) program. The 14 projects—10 in North Carolina and four in South Carolina—could cost as much as $772.5 million to build according to […]
-
News
Leadership Shakeup at ABB Amid Power Grids Business Overhaul
Only months after ABB announced Hitachi would acquire a majority stake in its flagship power grids business for $11 billion, the company’s board of directors ousted CEO Ulrich Spiesshofer and officially launched a search for a new leader. The Zurich-based technology giant said on April 17 that the board of directors and Spiesshofer “mutually agreed […]
-
News
Holtec Adds Indian Point Nuclear Plant to Decommissioning Portfolio
Entergy on April 16 said it will sell its Indian Point Energy Center to Comprehensive Decommissioning International, a Camden, N.J.-based jointly owned subsidiary of Holtec International, a company buying nuclear plants that are closed or scheduled for retirement. Holtec in the deal will receive funds that Entergy has invested in a decommissioning trust, currently worth […]
-
News
Dominion Brokers 10-Year Deal to Keep Millstone Nuclear Plant Open
Connecticut Gov. Ned Lamont on April 15 announced the Millstone Nuclear Power Station will stay open for at least another decade, thanks to a deal between Dominion, the plant’s owner, and utilities Eversource and United Illuminating, a subsidiary of Avangrid. Millstone, like other U.S. nuclear power plants, has been challenged by rising operating costs and […]
-
News
Nuclear Subsidy Dispute Now Rests with FERC, Competitive Generators Say
The U.S. Supreme Court’s refusal to reconsider industry-led challenges to state nuclear subsidy programs in New York and Illinois leaves the contentious matter to the Federal Energy Regulatory Commission (FERC). The high court on April 15 declined to accept petitions for review of decisions by the Second Circuit and Seventh Circuit, dealing a major blow […]
-
News
Ohio Lawmakers Announce Plan to Subsidize Nuclear Plants
Ohio lawmakers on April 12 announced a plan to provide financial support to the state’s two nuclear power plants by adding a surcharge to customers’ electric bills. The bill’s supporters said it also would generate as much as $300 million annually for clean power generation in Ohio, though the measure calls for abolishing mandates for […]
-
POWERnews—April 11, 2019
April 11, 2019 PJM Will Hold Capacity Auction Under Current Rules in August PJM Interconnection said it will hold its 2022–2023 capacity auction under current market rules on Aug. 14, 2019, though the Federal Energy Regulatory Commission (FERC) has yet to issue a… Read More Sponsored Content Piping Solutions Using Non-Welded Connections For hydropower and […]
-
News
Storage ITC Bill Gains Key Industry Backers
Legislation recently introduced in the U.S. House that would expand the federal solar investment tax credit (ITC) to energy storage technologies has gained the backing of major trade groups representing the solar, hydropower, and wind sectors. The Energy Storage Tax Incentive and Deployment Act (H.R. 2096), introduced on April 4 by Reps. Mike Doyle (D-Pa.), […]
-
News
Wind Industry Prepares for Massive Expansion
Construction activity on wind projects across the U.S. surged to a record level of more than 20 GW in the third quarter of 2018, and about 35.1 GW of new wind capacity was under construction or in advanced development at the end of 2018, according to the American Wind Energy Association (AWEA). In 2018, the […]
-
News
Pressure Mounts as Legislators Try to Save Nuclear Plants
Time is winding down for lawmakers interested in enacting legislation to save the Three Mile Island (TMI) nuclear plant. That message was amplified on April 5 when Exelon Corp. filed the federally required Post Shutdown Decommissioning Activities Report (PSDAR) with the Nuclear Regulatory Commission. The PSDAR details plans for TMI Unit 1 after its final […]
-
Cybersecurity
New Cyberattack by Group Behind TRITON/TRISIS Reported
Cybersecurity firm FireEye has uncovered and is responding to a new intrusion at an unnamed critical infrastructure facility that it suggests in an April 10 blog post was perpetrated by the group behind the TRITON attack, which prompted a process shutdown at a Middle Eastern facility in 2017. But while details of the new attack are sparse, […]
-
News
PJM Will Hold Capacity Auction Under Current Rules in August
PJM Interconnection said it will hold its 2022–2023 capacity auction under current market rules on Aug. 14, 2019, though the Federal Energy Regulatory Commission (FERC) has yet to issue a decision on the grid operator’s plan to revamp its Minimum Offer Price Rule (MOPR). In an April 10 filing, however, PJM asked FERC to clarify that […]
-
News
POWER Notebook: New 1,600-MW Coal Plant in India; Low-Price Solar Deal in Idaho
Financing has reportedly been secured for a 1,600-MW coal-fired power plant in India’s eastern state of Jharkhand. Qatar’s Gulf Times newspaper reported April 6 that Power Finance Corp., a state-run lender in India, and its subsidiary REC approved a $1.5 billion loan for the project. The report said the new plant would be funded through loans […]
-
Nuclear
Vogtle 2 Installs World’s First Full Accident-Tolerant Fuel Assemblies
The world’s first complete advanced nuclear fuel test assemblies containing accident-tolerant fuel (ATF) have been installed at Southern Co.’s Alvin W. Vogtle Electric Generating Plant’s Unit 2 in Georgia. Nuclear giant Framatome delivered four GAIA lead fuel assemblies containing enhanced ATF (EATF), including both pellets and cladding, to the plant owned by Georgia Power in […]
-
POWERnews—April 4, 2019
April 4, 2019 How the DOE Is Looking to Save Hydropower The Department of Energy (DOE) unveiled a slate of measures to help U.S. hydropower thrive as costs for wind and solar plummet. Measures will include a roadmap to identify hydro’s… Read More Sponsored Content Get Ahead of the Varnish Problem The easiest problem to […]
-
News
For First Time, IEA Quantifies Coal’s Dominant Role in Global Temperature Increase
Coal combustion was responsible for more than 0.3 degrees C of the 1-degree C surge in global average annual surface temperatures above pre-industrial levels—and that makes coal the single largest source of the global temperature increase, the International Energy Agency (IEA) says in a new report. The finding, outlined in the IEA’s Global Energy & […]
-
News
Former TVA CEO Will Take the Reins at PG&E
PG&E Corp. announced on April 3 the appointment of William “Bill” Johnson as the company’s new president and CEO. It also announced the appointment of 10 new directors to its board of directors. The board appointments will be effective as of the next in-person board meeting, which will be held as soon as practicable, the […]
-
News
How the DOE Is Looking to Save Hydropower
The Department of Energy (DOE) unveiled a slate of measures to help U.S. hydropower thrive as costs for wind and solar plummet. Measures will include a roadmap to identify hydro’s value in a future grid, and a first-of-its-kind prize designed to encourage innovative and faster pumped storage construction techniques. In her opening speech at Waterpower […]