POWERnews
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News
Key Power Industry Conferences and Trade Shows to Think About in 2019
Conferences and exhibitions are a valuable way for power professionals to share ideas and network, gain up-to-date training, further education, understand regulatory or policy changes, and access the latest products and technologies. POWER‘s editors compiled this helpful list of events in 2019 that cater to the power industry. FEBRUARY ARC Industry Forum February 4-7 Orlando, […]
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News
Regulators Back Dominion Takeover of SCANA
Dominion Energy’s bid to purchase SCANA Corp. and its South Carolina Electric & Gas (SCE&G) utility, approved by South Carolina regulators on Dec. 14, could bring some stability to SCANA. Shareholders hope that’s the case; they’re excited about swapping their devalued SCANA shares for more valuable Dominion stock. Workers, though, remain uncertain about their futures, […]
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News
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 16, with several media outlets including POWER discussing the agreement, citing sources familiar with the deal who asked not to be identified. Hitachi plans to […]
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World’s First EPR Nuclear Unit Begins Commercial Operation
Unit 1 of the Taishan Nuclear Power Plant completed its final regulatory test of continuous operation and full power for 168 hours on Dec. 13, marking the final milestone toward achievement of commercial operation, China General Nuclear Power Group (CGN) and EDF announced at a joint press conference held in Beijing, China, on Dec. 14. […]
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ABB Nears Sale of Power Grids Division to Hitachi in $11 Billion Deal
Hitachi Ltd. and ABB could announce an $11 billion deal as soon as December 17 in which Hitachi will acquire 80% of ABB’s power grids unit. Reports of the possible deal surfaced December 16, with Bloomberg and others citing sources familiar with the agreement who asked not to be identified. Neither ABB nor Hitachi commented […]
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POWERnews—December 13, 2018
December 13, 2018 Amid Broad Legal Challenges, EPA Proposes Narrower Definition of WOTUS In a move widely applauded by the power industry, the Environmental Protection Agency (EPA) and Department of the Army proposed a new definition of “waters of the U.S.” (WOTUS) that… Read More Sponsored Content GE's H-class turbines are spinning the industry forward […]
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Trump EPA Scraps CCS as BSER for New Coal Units
The Environmental Protection Agency (EPA) has significantly relaxed requirements needed to build new coal-fired power units in the U.S. The revisions proposed on December 6 for performance standards governing carbon dioxide emissions from new, reconstructed, and modified coal power units respond to the Trump Administration’s Executive Order on Promoting Energy Independence and Economic Growth, which […]
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News
Amid Broad Legal Challenges, EPA Proposes Narrower Definition of WOTUS
In a move widely applauded by the power industry, the Environmental Protection Agency (EPA) and Department of the Army proposed a new definition of “waters of the U.S.” (WOTUS) that could exempt groundwater and ditches from regulation under the Clean Water Act (CWA). The measures follow other recent significant regulatory actions by the agency. On […]
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Siemens Cutting 200 Jobs at Texas Service Center
Siemens on December 11 said it would lay off about 200 workers at a gas turbines parts and components service center in Houston, Texas, sometime in late 2019 or early 2020. A company spokesperson made the announcement Tuesday, saying the cuts are due to weak global demand for the company’s turbines. Siemens in a statement […]
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Connected Plant
Blockchain-Enabled VPP Planned for South Korea
The South Korean government has pledged 4 billion Korean won (about $3.5 million) to support a blockchain-enabled virtual power plant (VPP) in Busan, the country’s second-most-populous city after Seoul. Busan officials said they have selected a project to build a VPP on a “citizens-shared” blockchain. Technology Aggregates Resources, Standardizes Transactions A VPP is a cloud-based […]
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FERC Follows Up on Tax Reform Response
The Federal Energy Regulatory Commission (FERC, the Commission) took several actions in November to address impacts from the Tax Cuts and Jobs Act (the Tax Act). FERC had previously issued a Notice of Inquiry seeking comments on how to address the impact of the Tax Act’s reduction in the corporate federal income tax (FIT) rate […]
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News
Dominican Republican to Get Floating Combined Cycle Gas Plant Outfitted with Battery Storage
A novel floating power plant that combines a 145-MW gas-fired combined cycle power plant and a battery energy storage system could begin operating in the Dominican Republic by early 2021. Siemens and the marine arm of Singapore-based ST Engineering on December 3 said they jointly received an order for a SeaFloat barge-mounted power plant from […]
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Senate Confirms McNamee as FERC Commissioner
The U.S. Senate on a 50-49 party-line vote December 6 confirmed Bernard McNamee to a seat on the five-member Federal Energy and Regulatory Commission (FERC), despite questions about his independence from the Trump administration and his previous comments in support of a bailout of coal and nuclear U.S. power plants at the expense of renewable […]
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POWERnews—December 6, 2018
December 6, 2018 Plagued by Grim Challenges, Vogtle Nuclear Expansion Lags Behind Schedule, Says Oversight Consultant The two-unit Vogtle expansion in Georgia faces major challenges that are poised to derail its schedule and ramp up costs—and the project is already behind schedule, a consulting firm tasked… Read More Sponsored Content GE's H-class turbines are spinning […]
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Plagued by Grim Challenges, Vogtle Nuclear Expansion Lags Behind Schedule, Says Oversight Consultant
The two-unit Vogtle expansion in Georgia faces major challenges that are poised to derail its schedule and ramp up costs—and the project is already behind schedule, a consulting firm tasked with construction oversight of the project told regulators. In revealing testimony filed with the Georgia Public Service Commission’s (PSC’s) public interest advocacy staff on November […]
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Industry Groups to Congress: Inaction on Nuclear Waste Not an Option
Fifteen notable industry groups have urged Congressional leaders to act on the federal used nuclear fuel program, noting no progress on the Yucca Mountain repository license application and consolidated interim storage is “untenable.” The broad coalition of labor unions, state public service commissioners, clean energy organizations, and energy trade associations told U.S. House and Senate […]
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The Power Industry Is Transforming, One Municipal Utility Offers a Case in Point
POWER-GEN International kicked off on December 4 with a keynote presentation focused on evolving power generation schemes and changing business models. Gregory Lee, commission president with Orlando Utilities Commission (OUC), the municipally owned public utility that provides water and electric service to Orlando, Florida, and portions of other nearby areas, opened the conference by providing […]
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Xcel’s Latest Plan: Carbon-Free by 2050
Xcel Energy has announced its plan to move to 100% carbon-free power generation by 2050, with the utility also saying it will reduce carbon emissions by 80% by 2030, from 2005 levels. Xcel, headquartered in Minneapolis, Minnesota, serves customers in eight states and over the past two years has announced a significant number of renewable […]
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Developer Sues TVA Over Cancellation of Bellefonte Deal
The real estate developer who has tried for more than two years to buy the assets of the canceled Bellefonte nuclear power plant project in Alabama has sued the Tennessee Valley Authority (TVA) after TVA last week pulled out of the deal to sell the plant. Attorneys for Franklin Haney, whose Nuclear Development LLC (NDLLC) […]
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POWERnews—November 29, 2018
November 29, 2018 Eight Power Sector Takeaways from the Climate Report Despite increased resilience actions, extreme weather events due to climate change are projected to increasingly threaten the nation’s energy infrastructure, and create fuel availability and demand imbalances, the Trump administration’s… Read More Sponsored Content GE's H-class turbines are spinning the industry forward The world […]
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In Energy Policy Pivot, France Will Shutter 14 Nuclear Reactors
France will shut down 14 of its 58 nuclear reactors by 2035 as well its remaining four coal power plants by 2022, French President Emmanuel Macron said November 27 in a lengthy speech that sought to clarify the country’s future energy direction. According to the World Nuclear Association, France’s nuclear power share has steadily expanded […]
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POWER Podcasts
Power Plant Control Loop Tuning and Optimization [PODCAST]
Optimizing power plant control systems can be challenging, but new tools are available to simplify and improve the process. On this episode of The POWER Podcast, Executive Editor Aaron Larson spoke with Jon Towslee, digital engagement leader for ABB Inc.’s Industrial Automation Power Generation & Water business. Towslee explained how ABB Ability is focused on […]
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Contamination Found in Water Near Illinois Coal Ash Dumps
Analysis based on testing mostly conducted by energy companies shows that water near all but two coal plants in Illinois is contaminated with toxic waste. The Chicago Tribune on November 28 reported that a compilation of industry-supplied data from 24 Illinois coal plants shows harmful levels of arsenic, chromium, lead, and other heavy metals in […]
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Eight Power Sector Takeaways from the Climate Report
Despite increased resilience actions, extreme weather events due to climate change are projected to increasingly threaten the nation’s energy infrastructure, and create fuel availability and demand imbalances, the Trump administration’s sprawling climate report released on November 23 suggests. The Fourth National Climate Assessment (NCA4) released by the Global Change Research Program (USGCRP) is clear in […]
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Data Shows Nuclear Plant Decommissioning Costs Falling
A research group that provides information to institutional investors said cost estimates to decommission U.S. nuclear plants fell in 2017 for the first time in a decade. The Callan Institute, headquartered in San Francisco, California, in its report said decommissioning cost estimates dropped by 2.5% last year, to $88.8 billion. Callan’s data shows costs estimates […]
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Voters Back Nuclear Power, Phaseout by 2025 Nixed
In a referendum held alongside local elections, the Taiwanese electorate voted overwhelmingly to abolish a stipulation in the country’s Electricity Act that called for all nuclear energy-based power-generating facilities to completely cease operations by 2025. Many experts considered it a surprising victory for pro-nuclear activists. In January 2016, Taiwan’s Democratic Progressive Party garnered widespread support […]
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Developing Nations Driving Clean Energy Investment
A new study from BloombergNEF (BNEF) says developing countries lead the way on new investments in clean energy, with those nations taking advantage of lower project costs for solar and wind power as they move away from fossil fuel-powered generation. Today’s report, from a survey by BNEF’s annual Climatescope project, says “emerging market nations … […]
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Strikes, Outages, Slash French Output by 2.2 GW
A series of strikes at French nuclear plants owned by power giant EDF have caused fluctuating electricity supplies, prompting concerns as the country prepares for a prolonged cold snap. Workers are reportedly protesting wage negotiations and a possible plan by the French government to restructure EDF. The energy branch of French trade union CGT on […]
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POWERnews—November 21, 2018
November 21, 2018 Business and Leadership Shakeups Continue at GE It’s been a tumultuous couple of years for GE. The company’s stock price has been decimated by the market, decreasing more than 75% from a high of nearly $32 a… Read More Sponsored Content GE’s H-class turbines have ignited a new era in power generation […]
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Could High-Efficiency, Low-Emissions (HELE) Technology Revive U.S. Coal Power?
A newly introduced Senate bill aims to make federal loan guarantees available for new high-efficiency, low-emissions (HELE) coal power plants in the U.S. Although it spearheads considerable research and development initiatives to advance coal technology, the nation’s pipeline of coal builds remains virtually vacant, and it now lags painfully behind Asia and Europe in demonstration […]