POWERnews
-
News
After 18 Months of Dramatic Turns, Hydro One-Avista Merger Deal Officially Dead
Hydro One, Ontario’s largest transmission and distribution provider, and Spokane, Washington–based U.S. utility Avista Corp., have dropped their merger, citing separate denials of the $5.3 billion deal by regulators in Washington and Idaho. The companies said on Jan. 23 they “mutually agreed” to terminate a merger agreement they announced in July 2017. As required by […]
-
POWER Podcasts
Insider Bullish on Renewable Energy Industry [PODCAST]
Izzet Bensusan, managing partner and founder of Captona, a North American-focused investment company that specializes in power generation and energy infrastructure, was a guest on The POWER Podcast. He is very bullish on the renewable energy industry for a variety of reasons. For instance, Bensusan said renewable energy is growing at more than 20% around […]
-
News
GE Cutting Another 468 Jobs
French labor unions on Jan. 22 said U.S.-based General Electric (GE) will cut 468 jobs at its units in France, including some staff at Alstom Power Systems (APS). GE confirmed to Agence France Press (AFP), a French news service, that talks with its unions on staff reductions are underway. The unions said 229 jobs would […]
-
News
China Leads Investment in Coal Projects—and Also Renewables
China continues to finance new coal plants in more than two dozen countries, even as the country has taken the lead in global renewable energy investment, according to a report from a U.S. group of energy analysts. The Institute for Energy Economics and Financial Analysis (IEEFA) in its report said China is backing more than […]
-
POWERnews—Jan. 17, 2019
January 24, 2019 PG&E Says It Will File Chapter 11 Bankruptcy California utility PG&E Corp. on Jan. 14 gave its workers the state-required 15-day advance notice of its intent to file a Chapter 11 bankruptcy. The company on Monday said its… Read More Sponsored Content On February 19-21, the 3rd Annual Connected Plant Conference will […]
-
News
New York Latest State to Set 100% Carbon-Free Goal, with Increased Renewables
New York Gov. Andrew Cuomo (D) is continuing his push for renewable energy in the state, as the governor on Jan. 15 announced an initiative for New York to achieve 100% carbon-free power generation by 2040. Cuomo’s “Green New Deal,” part of his 2019 Justice Agenda and as part of the state budget, calls for […]
-
News
GE, Siemens Separately Announce Developments for Mammoth Offshore Wind Turbines
GE on Jan. 16 announced testing details of its giant 12-MW Haliade-X offshore wind turbine prototype. On the same day, Siemens Gamesa launched its first 10-MW offshore wind turbine model. The developments point to intensifying competition within the surging offshore wind turbine market. GE’s 12-MW Offshore Wind Turbine Blusters Toward Commercialization GE Renewable Energy’s Haliade-X 12 […]
-
News
‘Technically Sophisticated’ Combined Cycle Plant Comes Online
The Lackawanna Energy Center in Pennsylvania entered commercial operation Jan. 15, with the $1.5 billion project heralded by its developer, Invenergy, as among the most “technically sophisticated” combined cycle natural gas-fired plants in operation. The 1,485-MW facility, in the borough of Jessup in Lackawanna County, was completed ahead of schedule and features three General Electric […]
-
News
PG&E Says It Will File Chapter 11 Bankruptcy
California utility PG&E Corp. on Jan. 14 gave its workers the state-required 15-day advance notice of its intent to file a Chapter 11 bankruptcy. The company on Monday said its electric and natural gas service to customers should not be impacted during its reorganization, which comes as PG&E faces billions of dollars in liabilities related […]
-
News
Reports: PG&E Prepared to File Bankruptcy in Wake of Wildfires
Reports on Jan. 13 said giant California utility PG&E Corp. could notify its workers as soon as Jan. 14 that it’s preparing to file for bankruptcy. Bloomberg on Sunday said the San Francisco-based utility, which faces billions of dollars in liabilities as investigations into its role in a series of deadly wildfires continues, will notify […]
-
News
Hitachi May Scuttle UK Nuclear Project
Hitachi may cancel its plans for a $20.5 billion nuclear power project in Wales, according to several media reports from the UK and Japan. The Japanese company is expected to determine the fate of the project at a board meeting this week. The Guardian newspaper was among those that in recent days reported an impasse in […]
-
News
Colorado Co-op Amps Up Solar Generation
Colorado-based Tri-State Generation and Transmission Association, a group cited in an analysts’ report last year for its high wholesale power costs and its reliance on coal-fired units, on Jan. 11 announced a 100-MW project that will more than double its solar power portfolio as it continues to add to its renewable power resources. Tri-State in […]
-
News
Large Solar Projects Come Online in Hawaii, Florida
Two large solar power projects—located more than 4,600 miles apart—recently came online in the U.S., providing service in Florida and Hawaii. Duke Energy on Jan. 8 announced its 74.9-MW Hamilton Solar Power Plant was online. The installation in Jasper, Fla., is part of the company’s plan to build or acquire at least 700 MW of […]
-
POWERnews—Jan. 10, 2019
January 10, 2019 Governor to TVA: Keep Paradise Coal Unit Open In a letter addressed to Tennessee Valley Authority (TVA) CEO Bill Johnson, Kentucky Gov. Matthew G. Bevin said it “would be a huge mistake” to permanently shut down Paradise Unit… Read More Sponsored Content Get Started with Digital Transformation at the 3rd Annual Connected […]
-
News
Fate of Diablo Canyon Nuclear Site In Play
The Diablo Canyon Decommissioning Engagement Panel (DCDEP) on Jan. 8 released its recommendations for the Diablo Canyon nuclear power plant and surrounding lands after the plant ceases operations in 2025. The panel—created to foster open and transparent dialogue between members of the local community and the plant’s owner Pacific Gas and Electric Co. (PG&E)—suggested a […]
-
News
Facing Urgency, DOE Moves to Demonstrate HALEU Fuel Production Capability for Advanced Nuclear Reactors
To propel interest and bolster development of advanced nuclear reactor designs, the Department of Energy (DOE) will demonstrate—by October 2020—the production of high assay low enriched uranium (HALEU) fuel in a first-of-its-kind $115 million project at the agency’s uranium enrichment facility in Piketon, Ohio. HALEU is nuclear fuel that is enriched to a higher degree […]
-
News
Columbia Nuclear Plant Sets Another Generation Record, Credits Good Performance
Operators of the Columbia Generating Station have set a new generation record at the nuclear plant 12 miles north of Richland, Wash., sending more than 9.7 million MWh to the Pacific Northwest power grid during 2018. The single 1,207-MW single GE-built Mark-2 boiling water reactor that is owned and operated by Energy Northwest—which comprises 26 […]
-
News
Governor to TVA: Keep Paradise Coal Unit Open
In a letter addressed to Tennessee Valley Authority (TVA) CEO Bill Johnson, Kentucky Gov. Matthew G. Bevin said it “would be a huge mistake” to permanently shut down Paradise Unit 3—the last operating coal unit at the Paradise site in Muhlenburg County, Kentucky. According to the governor, “the impact on our economy and our region’s […]
-
News
Clean Air Act Issues Congress Could Grapple With in New Session
While the Republican-led U.S. House and Senate in the 115th Congress was mainly focused on reviewing, for modification or repeal, several environmental rules issued under the Clean Air Act (CAA), the new Democrat majority in the House could focus on a slew of different measures, a new report from the Congressional Research Service (CRS) suggests. […]
-
News
End of an Era for Silicone Transformer Fluids?
Glancing back to the 1970s, those of us in the power sector can remember when polychlorinated biphenyls (PCBs) were the cooling liquid of choice for transformers in locations where fire risk was a critical consideration. Then it happened — PCBs were classified as carcinogenic and persistent organic pollutants. A safer replacement liquid was needed, and […]
-
News
Report: CO2 Emissions from Power Sector Rising
A new study from an economic research group shows that U.S. emissions of carbon dioxide (CO2) rose about 3.4% last year, including a 1.9% rise in emissions from power generation. The New York-based Rhodium Group, which released its findings on Jan. 8, said its study used data from the U.S. Energy Information Administration (EIA) and […]
-
News
Former FERC Commissioner McIntyre Dead at 58
Kevin McIntyre, who briefly served as chairman of the Federal Energy Regulatory Commission (FERC), died Jan. 2 at age 58. He had been diagnosed with brain cancer in 2017 and had surgery to remove a tumor. President Trump nominated McIntyre, a Republican, in August 2017 to serve as FERC chairman. He was confirmed by the […]
-
POWERnews—January 3, 2019
January 3, 2019 EPA: Mercury Rules for Coal, Oil Power Units Not ‘Appropriate and Necessary’ Because compliance costs to coal- and oil-fired power plants for the Mercury and Air Toxics Standards (MATS) far exceed quantifiable benefits to regulating hazardous air pollutant (HAP) emissions, the Trump… Read More Growth in Renewables Continues Despite Drop in UK […]
-
News
Growth in Renewables Continues Despite Drop in UK Power Generation
Renewable energy sources increased their share of the UK’s electricity supply in 2018, with new wind farms and biomass plants helping renewables contribute a record 33% of the country’s power in the past year. Coal-fired units, meanwhile, saw a 25% drop in their output, with coal providing about 5% of the country’s total generation. The […]
-
News
DOE Designates Part of UAMPS SMR Plant for Research, Self-Power
The U.S. Department of Energy (DOE) wants to use two of 12 modules at the NuScale small modular reactor (SMR) plant that Utah Associated Municipal Power Systems intends to build at the Idaho National Laboratory (INL). One module will be used strictly for research, development, and demonstration activities under the newly launched Joint Use Modular […]
-
News
How Efficiently Have U.S. Nuclear Reactors Operated Over the Past Five Years? [INFOGRAPHICS]
According to the Nuclear Regulatory Commission (NRC), the nation’s 99 operating nuclear reactors operated at an average capacity factor of 88% in 2017—the same as in 2016—despite market forces that have rendered several units uneconomical. Figures for 2018 are expected in 2019 and may look different. Oyster Creek Nuclear Station, for example, was permanently closed […]
-
News
EPA: Mercury Rules for Coal, Oil Power Units Not ‘Appropriate and Necessary’
Because compliance costs to coal- and oil-fired power plants for the Mercury and Air Toxics Standards (MATS) far exceed quantifiable benefits to regulating hazardous air pollutant (HAP) emissions, the Trump administration has proposed it is not “appropriate and necessary” to regulate HAP emissions from power plants under Section 112 of the Clean Air Act (CAA), […]
-
POWERnews—December 20, 2018
December 20, 2018 Hitachi Acquires ABB Power Grids Business in $11 Billion Deal Hitachi Ltd. and ABB on December 17 announced that Hitachi will acquire 80.1% of ABB's Power Grids unit in an $11 billion deal. Reports of the possible acquisition surfaced December… Read More Sponsored Content GE's H-class turbines are spinning the industry forward […]
-
POWERnews-December 27, 2018
December 27, 2018 NV Energy Accelerates Retirement of One of Nevada’s Last Coal Units NV Energy plans to retire a 254-MW coal-fired unit in a power-constrained region of Nevada at the end of 2021, four years ahead of schedule. The company will instead purchase… Read More Sponsored Content GE's H-class turbines are spinning the industry […]
-
News
Despite Financial Hurdles, Utility Capital Spending to Remain Elevated
Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting measures, and on renewables and environmental projects, said Moody’s Investors Service in a recent sectoral briefing. The credit ratings agency for the first time this […]