POWERnews
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Nuclear
SCANA, Santee Cooper Buy More Time for V.C. Summer Decision
SCANA Corp. subsidiary South Carolina Electric & Gas Co. (SCG&E) and Santee Cooper—owners of the two-unit expansion of the V.C. Summer nuclear plant—have extended an interim assessment agreement with Westinghouse to allow the project’s owners to “continue to make progress on the site.” The companies on June 26 extended the agreement to August 10, but it […]
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Legal & Regulatory
Report: Killing Clean Power Plan Could Cost Nation 560,000 Potential Jobs
If the Trump administration’s efforts to roll back the Clean Power Plan (CPP) are successful, the nation could miss out on 560,000 potential jobs and a boost of $52 billion to the gross domestic product (GDP), according to a report released by Environmental Entrepreneurs (E2). “From states with relatively small populations like Maine and Montana […]
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Coal
Mississippi PSC: Kemper Facility Should Operate Using Only Natural Gas
The Mississippi Public Service Commission (MPSC) at an open meeting on June 21 unanimously passed a motion instructing its counsel to prepare an order pursuing potential solutions regarding the Kemper County Power Generation Facility. In a press release, the MPSC said the “Kemper Facility should operate using only natural gas.” The commission said it wanted […]
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Coal
U.S. Carbon Emissions Increase from Last Year, but Still 28% Less Than in 2005
A newly released update to the Power Sector Carbon Index, developed by Carnegie Mellon University with the support of Mitsubishi Hitachi Power Systems (MHPS), found that U.S. power plant emissions averaged 955 lb of CO2 per MWh during the first three months of 2017. 1. Carnegie Mellon University Power Sector Carbon Index. The index shows […]
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Nuclear
House Passes PTC Extension for New Nuclear Facilities
A bipartisan bill extending a production tax credit (PTC) for advanced nuclear power facilities passed the U.S. House on a voice vote on June 20. The bill, introduced by Congressman Tom Rice (R-S.C.), seeks to give facilities that use novel nuclear power technologies more investment certainty. The nuclear PTC was established under the Energy Policy […]
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Legal & Regulatory
Trump Administration Leaders Send Mixed Messages About Fuel Diversity
The Trump administration says it’s not going to pick winners and losers when it comes to energy generation, but it sure doesn’t seem to like wind and solar, judging from a recent presentation by Interior Secretary Ryan Zinke. The nation needs a diverse energy mix, including nuclear, coal, natural gas, and renewables, several energy industry […]
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Legal & Regulatory
Dominion Will Restart Virginia Coal Units After DOE Emergency Order
The U.S. Department of Energy (DOE) said PJM can restart two coal-fired units at Dominion Energy’s Yorktown, Va., power plant, two months after the aging units were shut down because they could not meet federal emissions standards. The emergency order from the DOE, issued June 16, allows the units to run during the hot summer […]
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Legal & Regulatory
Cost Overruns at Vogtle Expected to Soar
Georgia Power officials say the utility continues to work with its partners in the troubled Vogtle nuclear plant to firm up construction timelines and determine the costs to complete two new units at the facility. At the same time, a group opposed to the project and two long-time project consultants say ballooning costs should put […]
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Legal & Regulatory
Analysis Shows U.S. Nuclear Plants Losing $2.9 Billion Annually
Increased use of less-expensive natural gas and renewable sources of energy for power generation is putting financial pressure on U.S. nuclear power plants, according to an analysis of electricity costs from Bloomberg New Energy Finance (BNEF). Nicholas Steckler, an analyst for BNEF, in a June 14 report said nuclear operators are losing about $2.9 billion […]
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Renewables
Wind and Solar Cross 10% U.S. Generation Share as Prices for Solar Keep Falling
Marking a significant milestone, power generation from the combined utility-scale and small-scale wind and solar installations in the U.S. surpassed 10% of the nation’s total power generation in March, according to the Energy Information Administration (EIA). The news comes on the heels of an announcement last week by the Solar Energy Industries Association (SEIA) that […]
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Coal
Bankrupt GenOn to Officially Split from NRG Energy
GenOn has begun its transition back into a standalone power generation company after NRG Energy—which acquired it in a $1.7 billion deal just five years ago—struck a comprehensive restructuring agreement with GenOn’s creditors, and GenOn filed for Chapter 11 protection. A June 14 financial filing confirms that NRG, GenOn, and an ad hoc group of […]
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Coal
$28 Million in DOE Funding Available for Advanced Energy Systems R&D
The Department of Energy (DOE) is offering approximately $28 million in cost-shared funding for research and development of advanced energy systems. According to three separate funding opportunity announcements (FOAs), the department is looking for research into advanced combustion systems, advanced turbines, and gasification. “Advanced energy conversion systems are designed to enable efficient, low-cost, and near-zero […]
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Legal & Regulatory
EPA Head Leaves Climate Summit Early
The administrator of the U.S. Environmental Protection Agency (EPA) reportedly left a Group of Seven summit on climate in Bologna, Italy, after the opening session of the two-day event, just days after President Donald Trump said the U.S. would pull out of the Paris climate agreement. Scott Pruitt, the Oklahoma attorney general before being tapped […]
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Legal & Regulatory
Toshiba Agrees to $3.68 Billion Deal to Aid Vogtle Nuclear Construction
A nuclear plant construction project in Georgia that is years behind schedule and billions of dollars over budget has been given a lifeline that at least temporarily eases concerns about its future. Toshiba, the parent company of Westinghouse, and Southern Company subsidiary Georgia Power, majority owner of Plant Vogtle near Augusta, on June 9 reached […]
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Gas
Proposed Wisconsin Gas-Fired Plant Would Aid Utilities’ Renewable Initiatives
Minnesota Power and Wisconsin’s Dairyland Power Cooperative announced plans to co-develop a combined cycle natural gas–fired power plant, a 550-MW facility designed to provide backup power for the utilities’ efforts to expand their use of renewable energy sources. The Nemadji Trail Energy Center would be built along the Nemadji River in Superior, Wis., a location […]
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Legal & Regulatory
EPA Extends Deadline for 2015 Ozone NAAQS Area Designations
The Environmental Protection Agency (EPA) is giving states an extra year to develop air quality plans related to the 2015-National Ambient Air Quality Standards (NAAQS) for ground-level ozone. In a June 6 letter sent to U.S. governors, EPA Administrator Scott Pruitt announced that the extended deadline for promulgating initial area designations for the rule issued […]
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Coal
Kemper, Now Slated to Start in Late June, Will Need Costly Post In-Service Improvement Projects
Mississippi Power’s Kemper County integrated gasification combined cycle (IGCC) project is now expected to be in service by the end of June, but the company expects it will need post in-service improvements. It also said timing of when it will file a case to address the recovery of costs not currently reflected in rates is uncertain. […]
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Renewables
Dominion to Reassess Plans for Millstone’s Continued Operation after Connecticut Nuclear Support Bill Thwarted
Dominion Energy told POWER it will begin a “strategic reassessment” of its plans for the 2,111-MW Millstone Nuclear Power Station in Connecticut after state legislators effectively blocked a bill that would have provided it a mechanism to bid for state contracts reserved for renewables. Dominion waged a tough campaign to push the bill through the […]
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Coal
KCP&L Will Retire Five Coal-Fired Units and One Unit Recently Converted to Gas
Kansas City Power & Light Co. (KCP&L) plans to retire five coal-fired generating units at two stations by the end of next year. It will also close, by December 31, 2019, a unit that was just converted from coal to gas last year. The decision is part of “the company’s commitment to a sustainable energy […]
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Coal
Southern Co. to File Rate Case for Kemper IGCC, Already Economically Unviable in Face of Cheap Gas
Southern Co. announced yet another lag beyond a new in-service date for its Kemper County integrated gasification combined cycle (IGCC) project. Along with concerns about delays and mounting cost increases afflicting the plant’s coal gasification component are how it will be used in the face of cheap gas prices. The company’s subsidiary Mississippi Power last […]
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Wind
Six Things You Didn’t Know About the Offshore Wind Power Sector
The world’s offshore wind sector, which has been at near-standstill in the U.S. owing to high costs and technical limitations, is poised to see a fierce developmental gust that can be attributed to several factors. While much of the enthusiasm at the American Wind Energy Association’s (AWEA’s) WINDPOWER 2017 annual event in Anaheim, Calif., was […]
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Nuclear
NRC to Issue Construction and Operating License for Dominion’s North Anna ESBWR
The Nuclear Regulatory Commission (NRC) has given its staff the green light to license Dominion Energy’s Economic Simplified Boiling Water Reactor (ESBWR) proposed for construction at its North Anna site in Virginia. It also approved an uprate at Energy Northwest’s Columbia Generating Station in Washington. The NRC said it authorized issuance of the combined construction and […]
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News
[UPDATE]Trump to Pull U.S. Out of Paris Agreement
President Donald Trump will pull the U.S. out of the Paris Agreement on climate change, making the nation one of only three in the world not a party to the agreement, joining Syria and Nicaragua. While campaigning, Trump vowed to “cancel” the agreement, the first international climate agreement to include developing as well as developed […]
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Legal & Regulatory
Exelon Announces Three Mile Island Nuclear Plant to Close in 2019
Exelon Corp. said it plans to retire the Three Mile Island (TMI) nuclear power plant around September 30, 2019, unless policy reforms are enacted in Pennsylvania. The company used a similar ploy in Illinois to pressure lawmakers into passing the state’s Future Energy Jobs bill, which provides subsidies for nuclear power plants. In that case, Exelon […]
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Nuclear
Chinese Reactor Is Ahead of Schedule as U.S. Nuclear Projects Flounder
China National Nuclear Corp. (CNNC) completed the dome lift at Fuqing Unit 5—the world’s first power plant being constructed utilizing the HPR 1000 (also known as the Hualong One) reactor design—15 days ahead of schedule on May 25. The feat was no small accomplishment. The dome weighs about 340 metric tons and has a diameter […]
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Business
NRG Poised to Relinquish Debt-Laden GenOn to Creditors
Under a proposed restructuring agreement, NRG Energy will hand over 100% equity of GenOn Energy, a wholesale generation company it acquired in a $1.7 billion deal in 2012, to the company’s bondholders once GenOn emerges from voluntary Chapter 11 restructuring. NRG, GenOn, and an ad hoc group of GenOn noteholders reached a mutual cooperation agreement […]
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Nuclear
Southern Company Could Delay Plant Vogtle Decision Until Late Summer
CEO Tom Fanning told Southern Co.’s shareholders attending the company’s annual meeting on May 24 that a decision on how to proceed with the Plant Vogtle nuclear expansion could take several more months. The Vogtle expansion—one of two new nuclear construction projects underway in the U.S. utilizing Westinghouse’s AP1000 technology—has been in limbo, albeit still in […]
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Renewables
IRENA: Global Renewable Energy Jobs Grew to 9.8 million in 2016
The renewable energy sector employed 9.8 million people in 2016, up 1.1% percent from 2015, according to the International Renewable Energy Agency’s (IRENA’s) “Renewable Energy and Jobs Annual Review 2017”, released May 24. “Renewable energy employment worldwide has continued to grow since IRENA’s first annual assessment in 2012, but the last two years have seen […]
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Renewables
PJM Auction Signals Trouble for Nuclear, Coal, and Even Renewables
Two nuclear plants owned by Exelon Corp. in Illinois and Pennsylvania failed to clear PJM Interconnection’s latest annual capacity auction, putting one of those financially crippled units at risk of early retirement. Meanwhile, procurements for solar, wind, and demand response fell dramatically compared to last year, and drastic price declines could roil the market for […]
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Renewables
Trump Administration Releases Budget Slashing Energy Research
President Donald Trump wants to balance the federal budget in 10 years, and it appears he believes that to do so, deep cuts to the nation’s energy research funding are needed. The administration’s fiscal year 2018 (FY18) budget request, released Tuesday, May 23, cuts funding for the Department of Energy (DOE) by $1.7 billion, a […]