POWERnews
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Nuclear
Hinkley Point C in Question as UK Government Rethinks EDF Agreement
In an abrupt turn, the UK government has signaled that it will carefully consider its backing of a deal to build two nuclear reactors at Hinkley Point C in Somerset, England, throwing French firm EDF’s July 28 final investment decision to proceed with construction of the EPR units into flux. Following a lengthy review process […]
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Nuclear
Hinkley Point C Nuclear Power Plant Approved
EDF’s board of directors made a final investment decision on July 28, giving the go-ahead to construct two nuclear reactors at Hinkley Point C in Somerset, England. The decision means the company can move forward with the long-anticipated project. Several contracts will need to be executed, including with the British government, China General Nuclear Power […]
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Nuclear
Georgia Commission Backs New Nuke
A divided Georgia Public Service Commission (PSC) Thursday approved Georgia Power Co.’s plans to investigate a new nuclear power project in Stewart County, with a time frame around 2030. Approval came in a 4–1 vote, with Commissioner Lauren “Bubba” McDonald in opposition. The vote represented a bit of a compromise. The Atlanta-based Southern Co. subsidiary, […]
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Renewables
2016 Power and Utilities Deals Are Outpacing Previous Three Full Years
Power and utility deals through Q2 2016 are already outstripping full-year totals for previous three years.
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Nuclear
CB&I Sues Westinghouse Over $2B Closing Agreement Claim
Westinghouse Electric’s recent purchase of Chicago Bridge and Iron’s (CB&I’s) nuclear construction segment is embroiled in a new legal challenge, as CB&I filed suit in the Delaware Court of Chancery on July 21 over a $2 billion claim related to the deal The dispute is rooted in post-closing “true-up” working capital adjustments related to the […]
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Renewables
Eight Things to Know About the Wind Energy Industry’s Dramatic Growth
More than 18.2 GW of wind power capacity is currently under construction or in advanced stages of development in the U.S., according to a report released on July 26 by the American Wind Energy Association (AWEA). That’s a lot of new capacity. In fact, it’s equivalent to roughly 25% of all currently installed U.S. wind […]
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Gas
Tightening Market Boosting Gas Prices as Exports Boom
The U.S natural gas market may be poised for a return to its traditional volatility as record power burn and rapidly growing exports are colliding with flat production, analysts are beginning to warn. After years of growth from hydraulic fracturing, production in April 2016 fell year-over-year for the first time since 2006, according to the […]
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Technology
Computers May Need More Power than the World Can Generate by 2040
Worldwide power demand for computing could exceed the world’s energy production by 2040, according to a report from a global coalition of trade groups for microchip manufacturers. The recently released 2015 International Technology Roadmap For Semiconductors 2.0 (ITRS), prepared by experts from the U.S., Europe, Japan, Korea, and Taiwan, provides an assessment of the near future […]
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Renewables
Exelon, America’s Leading Nuclear Generator, Keeps the Faith on Nukes
The U.S. nuclear power business is in trouble, and Exelon has six units totaling more than 5,300 MW of dependable capacity on the chopping block. How will the Chicago electricity giant respond? Perhaps by acquiring more merchant nuclear capacity?
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Gas
Second Shipment of U.S. LNG Reaches Europe as Producers Seek New Markets
Hopes that the beleaguered U.S. shale gas industry can find new markets have come to fruition as the second shipment of liquefied natural gas (LNG) was unloaded at a European port on July 22, with the promise of more to come. After being loaded at the Cheniere-owned Sabine Pass Terminal in Louisiana (Figure) on July […]
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Coal
FirstEnergy Moves to Deactivate Two Embattled Ohio Coal Plants
FirstEnergy Corp. will sell or deactivate 856 MW of coal-fired generation to reduce fleet operating costs. The company announced on July 22 that it plans to sell or deactivate the 136-MW Bay Shore Unit 1 in Oregon, Ohio, by October 2020. In addition, Units 1–4 (totaling 720 MW of capacity) at the company’s seven-unit W.H. […]
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Solar
11 Things to Know About the Solar Sector’s Precarious Future
Despite escalating growth over the past decade, the U.S. solar power sector faces potentially crippling issues concerning module supply, workforce deficiencies, and grid interconnection obstacles, according to industry experts attending an international solar and energy storage convention. The country added an estimated 14.5 GW of new solar photovoltaic (PV) capacity in 2016, and by 2021, […]
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Renewables
Turmoil in Turkey Cuts Power to U.S. Military Base
Power supply to a U.S. military base was cut off by the Turkish government following an attempted military coup in the country on Friday.
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Legal & Regulatory
Federal Court Stays EPA’s Regional Haze Rule
A federal appeals court has stayed a regional haze rule finalized by the Environmental Protection Agency (EPA) earlier this year that had threatened to close up to 8.4 GW of coal-fired power capacity in Texas. In a unanimous ruling on July 15, the U.S. Court of Appeals for the Fifth Circuit granted a motion for […]
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Legal & Regulatory
Severe Solar Storm Could Shut Down U.S. Grid for Months, Study Says
A severe solar storm striking the continental U.S. could cause trillions of dollars in damage to the global economy and shut down portions of the U.S. grid for up to a year, according to a new study prepared by the Cambridge Centre for Risk Studies for insurance firm AIG. The study, Helios Solar Storm Scenario, […]
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Legal & Regulatory
Amid Scrutiny, Kemper IGCC Project Marks Big Syngas Production Milestone
Southern Co.’s Kemper County energy facility—the only carbon capture and storage (CCS) integrated gasification combined cycle (IGCC) power plant that is under construction—is producing syngas using lignite. The plant marked its most significant milestone to date on July 14, said Southern Co.’s Mississippi Power. It means that the first-of-its-kind technology to convert locally mined lignite […]
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Legal & Regulatory
NextEra Energy Cans Deal to Acquire Hawaiian Electric
NextEra Energy announced on July 18 that it has terminated plans to merge with Hawaiian Electric Industries (HEI). Not surprisingly, NextEra Energy said the decision was driven by the Hawaii Public Utilities Commission’s (PUC’s) 2–0 decision on July 15 to dismiss the Joint Application for the Change of Control filed by the companies. “As a […]
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Renewables
Germany Backs Measure to Replace Renewable Incentives with Competitive Auctions
Lawmakers in Germany have voted to replace subsidies for wind and solar with competitively priced electricity prices. The country’s upper (Bundesrat) and lower (Bundestag) legislative chambers on July 8 voted to adopt an amendment to the Renewable Energy Sources Act (EEG 2016) introduced by Minister of Economics and Energy Sigmar Gabriel. The legislation aims to […]
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Solar
In Push for Collaboration, Solar and Storage Industries Unveil “Smart Solar” Potential
Pairing solar with energy storage will be integral to cement the future of both emerging sectors, said experts at the Intersolar North America’s annual event held this week in San Francisco. The three-day event and exhibition was co-located with ees North America, a stand-alone event focused on energy storage technologies and services. But experts […]
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Nuclear
Entergy Considering Sale of FitzPatrick Nuclear Plant to Exelon
Entergy Corp. announced on July 13 that it is in discussions with Exelon Corp. concerning the potential sale of the James A. FitzPatrick Nuclear Power Plant in Scriba, N.Y. The news comes following the release of the New York Department of Public Service’s proposal to subsidize zero-emissions attributes of upstate nuclear power plants, including FitzPatrick […]
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Power
Colstrip Units 1 and 2 Will Shut Down by 2022
Talen Energy and Puget Sound Energy (PSE), owners of Units 1 and 2 at the Colstrip Power Plant in Montana, have reached an agreement to shut those units down no later than July 2022. The settlement came as a result of a lawsuit brought by the Montana Environmental Information Center and the Sierra Club in […]
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Nuclear
Subsidies Proposed for New York’s Upstate Nuclear Power Plants
The New York Department of Public Service has proposed subsidizing zero-emissions attributes from zero-carbon electric generating stations, namely nuclear power plants, in order to encourage the preservation of the facilities. In an 11-page document titled “Staff’s Responsive Proposal for Preserving Zero-Emissions Attributes,” a formula that starts with published estimates of the social cost of carbon […]
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Power
Japanese Nuclear Sector Suffers More Setbacks
Japan’s embattled nuclear sector, struggling to restart some of its idled reactors, suffered a pair of setbacks this week as a court again ruled against the restart of Takahama Units 3 and 4 in Fukui Prefecture and an antinuclear activist won election as governor of Kagoshima Prefecture, where Japan’s only operating nuclear plant, Sendai, is […]
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Renewables
China Reportedly Poised to Ban New Coal Plants Through 2018
China is preparing to expand nationwide a ban on new coal plant construction announced in April in an attempt to further rein in overcapacity and boost utilization of renewable energy, according to a report in Australian Financial Review. This spring, China’s National Development and Reform Commission and National Energy Administration suspended or slowed plans for […]
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Legal & Regulatory
Green Groups Challenge PJM’s Capacity Performance Rules
The “polar vortex” storm of January 2014 blew in big changes to PJM Interconnection’s operations. But these changes are now the subject of a lawsuit filed by environmental groups, alleging they discriminate against clean energy sources. The sub-zero temperatures froze coal piles and gearboxes. Natural gas plants, lacking firm contracts for fuel delivery, were unable […]
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Renewables
Largest Wind Turbine Contest Gets Another Entrant
Siemens on July 5 entered the competition for the largest wind turbine in the world with an upgrade of its SWT-7.0-154 model. The new SWT-8.0-154 turbine boosts power output over the earlier model through upgraded magnet technology. Other components remain largely the same over the earlier model and the smaller SWT-6.0-154 turbine, Siemens said. The […]
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Legal & Regulatory
EU Parliament Approves New Cybersecurity Rules
The European Union (EU) parliament on July 6 approved the first community-wide rules designed to bolster cybersecurity throughout the EU. According to the official statement, the new law “lays down security and reporting obligations for ‘operators of essential services’ in sectors such as energy, transport, health, banking and drinking water supply. EU member states will […]
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Nuclear
Expansion Joint Bellows Rupture Forces D.C. Cook Nuclear Plant Offline
Indiana Michigan Power—a subsidiary of American Electric Power (AEP)—reported that Unit 2 of its Donald C. Cook Nuclear Plant in Bridgman, Mich., was forced offline on July 6 due to an expansion joint bellows rupture on the unit’s moisture separator reheater. Although no one was in the area at the time and there were no […]
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POWERnews—July 7, 2016
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide Obama Administration’s Environmental Rules to Leave Lasting Legacy on Power Sector, Markets Witnesses at a Congressional hearing raised concerns about the complexity, costs, legality, and feasibility of the 3,900 final rules published by the Environmental Protection Agency (EPA) during […]
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Legal & Regulatory
Obama Administration’s Environmental Rules to Leave Lasting Legacy on Power Sector, Markets
Witnesses at a Congressional hearing raised concerns about the complexity, costs, legality, and feasibility of the 3,900 final rules published by the Environmental Protection Agency (EPA) during the Obama administration. A large portion of those rules affect the power sector, but none are more contentious than the Clean Power Plan, regulatory and citizen interest experts […]