POWERnews
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Renewables
Renewable Energy Development Breaks Records and Leaps Ahead of Fossil Fuels Worldwide
Hands down, 2015 was a record year for global investment in renewable energy. Excluding large hydroelectric projects, the amount of money committed to renewables rose 5%, to $285.9 billion, exceeding the previous record of $278.5 billion reached in 2011.
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Coal
ERCOT: Uncertainty Increased in 10-Year Outlook
Uncertainty concerning a number of environmental rules is clouding planning measures, the Electric Reliability Council of Texas (ERCOT) said on May 3. Citing its latest Capacity, Demand, and Reserves (CDR) report—a snapshot of existing and planned resources and load forecasts for the next 10 years—the grid entity that manages about 90% of Texas’ electric load […]
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Nuclear
Areva Admits to “Irregularities” in Hundreds of Nuclear Plant Components, Possible Falsified Documents
France’s nuclear sector was rocked to its core on May 4 when the country’s Nuclear Safety Authority (ASN) announced that state-owned nuclear manufacturer Areva had confessed to “irregularities in the manufacturing checks” on about 400 parts produced since 1965, about 50 of which are still in service in France. ASN said in a statement that […]
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Nuclear
GAO Chides DHS for Not Doing Enough to Prepare for EMP, Solar Storm Threats to Grid
The Department of Homeland Security (DHS) internally recognizes that a power grid failure resulting from an electromagnetic pulse (EMP) or a solar storm can pose great risk to the security of the nation, but it hasn’t prepared adequately, the Government Accountability Office (GAO) said in a newly released report. The GAO’s 68-page report, “Federal Agencies […]
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Nuclear
Nuclear Reactor Baffle Bolt Problems Are Widespread Concern
Public Service Enterprise Group (PSEG) anticipates extending Salem Nuclear Generating Station’s Unit 1 refueling outage, which began on April 14, so it can inspect, repair, and replace damaged baffle bolts within the plant’s reactor vessel, according to information presented in the company’s first quarter earnings announcement. A PSEG spokesperson told POWER that visual inspections at […]
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O&M
NRC Approves Measurement-Related Uprate at Duke Energy’s Catawba Reactor
Duke Energy’s request to increase the generating capacity of Unit 1 at its Catawba Nuclear Station by 1.7% by more precisely measuring feedwater flow has been approved by federal regulators. Staff at the Nuclear Regulatory Commission (NRC) found on May 4 that Duke Energy could safely increase the reactor’s output “primarily through more accurate means […]
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Coal
Dynegy to Shut Down 30% of Southern Illinois’s Power Generation Capacity
Dynegy Inc. announced on May 3 that it plans to shut down multiple Illinois coal-fueled units due mainly to the failure of the plants to recover basic operating costs in recent Midcontinent Independent System Operator (MISO) capacity auctions. According to the company, the generation that will be lost is 2,800 MW—about 30% of the total […]
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Nuclear
NRC License Application Submitted for Spent Nuclear Fuel Interim Storage Facility
Development of a consolidated interim storage facility (CISF) took a significant step forward this week with a license application submitted to the U.S. Nuclear Regulatory Commission (NRC) on April 28 by Waste Control Specialists LLC (WCS), with support from AREVA, for a CISF in Andrews County, Texas.
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Coal
Seven Dead From Hot Water Accident at Power Plant in India
Seven workers have reportedly died from an April 20 incident at Adani Power’s coal-fired 4.6-GW Mundra power plant in Gujarat, India, that involved a pipeline hot water release. The accident occurred at about 11:15 a.m. on April 20 as Unit 4, one of the ultra mega power plant’s nine 660-MW units, was being restarted after […]
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Legal & Regulatory
FERC Blocks Ohio Power Plant Subsidy Deal
Throwing yet another twist into a long-running saga, the Federal Energy Regulatory Commission (FERC) on April 27 blocked a pair of power purchase agreements (PPAs) that would have supported continued operation of FirstEnergy’s Davis-Besse nuclear plant and several aging coal-fired plants belonging to FirstEnergy and AEP. The Pubic Utilities Commission of Ohio approved the PPAs […]
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Coal
China Slams the Brakes on Coal
China’s National Development and Reform Commission and National Energy Administration on April 25 suspended or slowed plans for more than 100 GW of coal-fired capacity across the country in a bid to rein in overcapacity in the generation sector and bolster efforts to improve air quality. The order affects around 200 plants currently in development […]
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Nuclear
Malware at German Nuke Plant Leads to Shutdown
Operators at RWE’s Gundremmingen plant northwest of Munich moved to shut down the reactor this week after malware was discovered in the plant fuel handling network. The utility said the shutdown was a precaution and the plant was not believed to be in danger. Unlike previous malware attacks on power plants this year, the infection […]
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Renewables
Senate Votes to Restore Funding for Wind Energy Research and Development
The U.S. Senate passed an amendment on April 26 that would restore funding for wind energy research and development (R&D) in fiscal year 2017 to $96.4 million—the same amount funded this fiscal year. The amendment passed by a vote of 54–42 as part of Senate consideration of the Energy and Water Development and Related Agencies […]
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Gas
Historic and Trend-Setting Siemens Turbine Manufacturing Plant Hits Milestone
On April 27, 2016, Siemens’ century-old factory in Berlin will celebrate the shipment of its 1,000th in-house-produced gas turbine.
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Legal & Regulatory
EPA Motions Court for Weighty Changes to Final Coal Ash Rule
A recent motion filed by the Environmental Protection Agency (EPA) asking a federal court to remand parts of its final coal combustion residuals (CCR) rule could have major new consequences for the power sector if upheld, an expert has said. In its 16-page motion filed on April 18, the agency asked the U.S. Court of Appeals […]
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Gas
GE Continues Its Buying Spree
GE is doubling down on industrial markets, as its efforts to acquire the drilling unit of Halliburton and its two acquisitions in the power space this month demonstrate.
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Renewables
Five Takeaways From the ELECTRIC POWER Executive Roundtable
Executives from power companies operating in different markets revealed how their firms are being affected by low natural gas prices, pressures to achieve fuel diversity, distributed energy generation, and lax demand growth, among a number of topics. The annual executive roundtable panel at the ELECTRIC POWER Conference and Exhibition on April 19 was moderated by […]
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Renewables
Environmental Experts Underscore Clean Power Plan Uncertainty
Even if the Clean Power Plan (CPP) doesn’t overcome legal challenges, it is likely that many states will implement carbon-curbing measures set down by the rule, some panelists said at the Environmental Mega Session at the ELECTRIC POWER 2016 conference in New Orleans on April 19. The Rule’s Shaky Legal Standing The rule is […]
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Finance
Mergers and Acquisitions in the Power Sector Soar in 1Q 2016
The volume and value of mergers and acquisitions (M&A) in the first quarter of this year have soared, according to the accounting and financial consulting firm PwC. According to PwC’s quarterly snapshot, American Power & Utilities Deals: Q1 2016, “The first quarter was the most active for power and utilities in recent history, with 22 […]
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Legal & Regulatory
Senate Passes Comprehensive Energy Bill, Future Uncertain
By an 85-12 vote, the U.S. Senate passed the first comprehensive energy bill in nearly a decade, bringing a successful conclusion to months of legislative effort and overcoming a series of roadblocks in the full Senate related to the water quality crisis in Flint, Mich. The product of more than a year of bipartisan work […]
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O&M
Resilience and Change in a Digital Future
Two senior power sector executives opened the 2016 ELECTRIC POWER Conference and Exhibition in New Orleans April 19 with a message that generators need to “think big” and embrace possibilities of disruptive technologies—or risk being run over on the road to the future. Leo Denault, chairman and CEO of Entergy Corp., delivered the opening keynote […]
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Legal & Regulatory
Supreme Court Strikes Down Maryland Power Plant Subsidies
In a unanimous ruling, the U.S. Supreme Court upheld a lower court decision that a program Maryland initiated in 2012 to subsidize power plant construction impermissibly invaded the Federal Energy Regulatory Commission’s (FERC’s) authority over interstate power markets. The case, Hughes v. Talen Energy Marketing, grew out of a decision by the Maryland Public Service […]
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Legal & Regulatory
[UPDATED] EPA Stands Ground on MATS with Final Cost Consideration
Public benefits offered by the Mercury and Air Toxics Standards (MATS) far outweigh the costs, the Environmental Protection Agency (EPA) said as it released a review of the 2012-finalized rule’s cost implications. The final cost consideration—released just days before power plants that received a one-year extension must come into compliance with the rule—was prompted by […]
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Renewables
House, Senate Subcommittees Pass Energy Appropriations Bills
Subcommittees of the U.S House of Representatives and the U.S. Senate separately advanced appropriations bills that lay out funding priorities for the Department of Energy (DOE) and other energy-related measures for 2017. The House Energy and Water Subcommittee, a panel of the Appropriations Committee, passed a $37.4 billion bill to fund the DOE as well […]
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Renewables
Peabody, Optimistic About Coal’s Future Stability, Seeks Bankruptcy Protection
Financially bruised Peabody Energy Corp.—the world’s largest privately owned coal mining firm—is seeking bankruptcy protection. The St. Louis–headquartered company filed for voluntary Chapter 11 protection in a desperate attempt to strengthen liquidity and reduce debt amid what it says has been an “unprecedented industry downturn.” It filed petitions for most of its U.S. entities in […]
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Coal
Work Suspended on Coal Power Plant Following Protests, Nuclear Plant Moves Forward
S. Alam Group has suspended work at the site of a proposed 1,224-MW coal-fired power station in Chittagong, Bangladesh, due to safety concerns following a rally that ended with four protesters dead on April 4. According to multiple sources, groups opposing construction of the plant agreed on April 10 to halt their activities for 15 […]
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Commentary
Is EOR a Dead End for Carbon Capture and Storage?
In April’s editorial, “When Technology Tails Wag Power Dogs,” Editor Gail Reitenbach mused about whether the use of captured carbon dioxide (CO2) for enhanced oil recovery (EOR) represents a viable way forward for carbon capture, use, and sequestration (CCUS). This is a subject both of us have covered in various ways over the past few […]
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Coal
Video: The Implosion of Part of Duke Energy’s Sutton Coal-Fired Plant
After 64 years as a landmark in Wilmington, N.C., one of three boiler units at Duke Energy’s retired coal-fired L.V. Sutton Plant crumpled in a dusty heap of contorted steel and splintered glass on April 10. The implosion is the first of three similar events to take place at the Sutton Plant. The next is […]
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International
Puerto Rico Utility Moves to Restructure $9B in Debt
A plan to restructure $9 billion in Puerto Rico Electric Power Authority (PREPA) debt—an eighth of the Commonwealth of Puerto Rico’s staggering $72 billion in debt—surfaced at the U.S. territory’s energy regulator, the Puerto Rico Energy Commission last week on April 7.
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POWERnews–April 7, 2016
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide Aliso Canyon Gas Leak May Imperil Summer Reliability, CAISO Says In a joint report issued April 5, a group of California agencies and utilities said that if the Aliso Canyon natural gas storage facility north of Los Angeles cannot […]