POWERnews

  • Two Leading Renewable Energy Companies Agree to Combine

    NextEra Energy Inc. and Hawaiian Electric Industries Inc. (HEI)—two companies with substantial renewable energy resources—agreed on Dec. 3 to combine in a transaction valued at roughly $4.3 billion. Currently, NextEra Energy’s principal subsidiaries include Florida Power & Light Co. (the third-largest electric utility in the U.S.), and NextEra Energy Resources (North America’s largest producer of […]

  • Diablo Canyon Nuclear Plant: Solid as a Rock or Ready to Crumble?

    Although the official title of the U.S. Senate Environment and Public Works Committee hearing on Dec. 3 was “[Nuclear Regulatory Commission’s] Implementation of the Fukushima Near-T­erm Task Force Recommendations and other Actions to Enhance and Maintain Nuclear Safety,” much of the testimony focused on possible seismic problems in and around the Diablo Canyon nuclear power […]

  • [UPDATED] Viewpoints on the EPA’s Clean Power Plan Abridged

    The Environmental Protection Agency’s (EPA’s) proposed carbon rules for existing power plants amassed more than 1.6 million remarks before the public comment period ended on Monday. Here’s a snapshot of what states, regulators, industry groups, and environmental alliances told the agency about its Clean Power Plan.  States Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, […]

  • E.ON to Spin Off Its Power Generation Business

    E.ON—a major investor-owned energy supplier that manages facilities across Europe, Russia, North America, Brazil, and Turkey—announced this week that it will embark on a new corporate strategy focused on renewables, distribution networks, and customer solutions, while combining its power generation, global energy trading, and exploration and production businesses into a new, independent company. “We are […]

  • Oil Price Collapse Poses Threats to U.S. Shale Gas Boom

    The drop in world oil prices, given added impetus by the Organization of Petroleum Exporting Countries’ (OPEC’s) decision on Nov. 27 not to cut production, may pose a threat to shale gas production in the U.S. Crude oil prices have fallen substantially since reaching a peak of around $110/barrel this past July, hitting a low […]

  • EPA’s Proposed Revisions to Ozone Standards to Cost up to $15B Annually

    The Environmental Protection Agency (EPA) on Wednesday proposed to revise the national ambient air quality standards (NAAQS) for ground-level ozone to a range of 65 to 70 parts per billion (ppb) and sought comments on a level as strict as 60 ppb. The proposed level applies to primary (health-based) and secondary (welfare-based) ozone standards, but […]

  • Supreme Court Agrees to Consider MATS Case

    The U.S. Environmental Protection Agency’s (EPA’s) Mercury and Air Toxics Standards (MATS) have been seen by many in the coal-fired power industry as potentially more expensive and onerous than its Clean Power Plan, which addresses greenhouse gases. On Nov. 25, the Supreme Court agreed to review a consolidated case that could potentially prevent the MATS […]

  • EPA Finalizes Changes to MATS Startup and Shutdown Rules

    The Environmental Protection Agency (EPA) on Wednesday finalized changes to the Mercury and Air Toxics Standards (MATS), applying to periods of startup and shutdown at new and existing coal- and oil-fired power plants nationwide.  As published in the Federal Register on Nov. 19, the final action on the EPA’s reconsideration of the startup and shutdown […]

  • China’s Latest Energy Plan Calls for Coal Consumption Cap

    China on Wednesday issued a key energy strategy that sets obligatory 2020 targets for renewables and nuclear power use and urges increased natural gas consumption—but which also caps coal consumption.  The State Council’s Energy Development Strategy Action Plan covers the period between 2014 and 2020. It caps annual energy primary consumption at 4.8 billion metric […]

  • State RPS Laws Threatened by Price Caps and Federal Tax Expirations

    State renewable energy standards (RPSs) may be threatened by the expiration of federal tax credits, according to research from the Lawrence Berkeley National Lab (LBL). Lab scientist Galen Barbose, speaking at the annual meeting of the National Association of Regulatory Commissioners (NARUC) in San Francisco, presented the results of a joint study between LBL and […]

  • NARUC Addresses the Marriage of Gas and Renewables

    Power system demands are changing to put a premium on flexible grid operations, and gas-fired power is the best choice for increasing flexibility. Such was the sense of a panel presentation to utility regulators at the 126th annual meeting of the National Association of Regulatory Utility Commissioners (NARUC) in San Francisco this week. “The electric […]

  • Power Sector Fossil Fuel Revenues Decrease While Renewable Energy Grows Rapidly

    The U.S. Census Bureau released data on Nov. 18 showing that revenues for electric power generation industries that use renewable energy resources grew 49% from 2007 to 2012, while fossil fuel electric power generation industry revenues decreased 6.7% during the same time period. Fossil fuel revenues continued to dwarf renewable totals, bringing in $79.7 billion […]

  • ERCOT: EPA Clean Power Plan Will Further Complicate Reliability in Texas

    The Obama administration’s Clean Power Plan could result in the retirement of between 3.3 GW and 8.7 GW of coal-fired capacity in the Electric Reliability Council of Texas (ERCOT) grid and jeopardize electric reliability for the state that is already power strapped, the independent system operator (ISO) says in a new analysis.  The Environmental Protection Agency’s […]

  • Winter Gas Crunch Again Threatens New England

    After an array of New England’s largest utilities announced rate increases this fall, blaming seasonal natural gas shortages, the region is once again facing short-term gas price spikes as growing demand coupled with supply constraints roil the power market. National Grid, which supplies customers in New York, Massachusetts, and Rhode Island, announced on Nov. 1 […]

  • Bechtel and Siemens Team to Build Virginia Combined Cycle Power Plant

    Panda Power Funds awarded the engineering, procurement, and construction contract for a 778-MW combined cycle power plant to a turnkey consortium of Bechtel and Siemens Energy Inc. The Panda Stonewall generating station will be located in Loudoun County, Va., on a 101-acre site about four miles southeast of Leesburg. It is the sixth order awarded […]

  • Environmental Group Alleges TVA Coal Ash Pollution Is Leaking Into River

    The Southern Environmental Law Center (SELC) informed the Tennessee Valley Authority (TVA) on Nov. 10 that it intends to bring suit under the Clean Water Act to stop the release of coal ash pollutants it says are leaking from the TVA’s Gallatin coal ash ponds into the Cumberland River. Gallatin Fossil Plant is a four-unit […]

  • IEA: 40% of World’s Power Fleet Will Need to Be Replaced by 2040

    Events over the past year—turmoil in the oil-rich Middle East and the Russian-Ukraine gas crisis—along with uncertainty for nuclear power and pervading energy poverty worldwide show that the energy system is “under stress,” the International Energy Agency (IEA) says in its freshly released World Energy Outlook 2014 (WEO-2014). Despite technology and efficiency improvements, without actions […]

  • U.S. and China Agree to Increase Nationwide Carbon Reduction Targets

    Reaching an unexpected climate breakthrough, the U.S. and China in a joint statement on Wednesday each announced new targets to slash carbon dioxide emissions by 2030.  President Barack Obama set a new target to cut U.S. carbon emissions between 26% and 28% below 2005 levels by 2025. Chinese leader Xi Jinping, meanwhile, said his country […]

  • Japan OKs Restart of First Two Nuclear Units, New Delay at Rokkasho Reprocessing Plant

    Kyushu Electric Power Co.’s twin Sendai nuclear units in Japan’s Kagoshima Prefecture on Nov. 7 got the government’s green light to restart. Once back online, likely in 2015, the units will be the first to restart of Japan’s 48 reactors that were shuttered for safety checks following the March 2011 Fukushima accident. Kagoshima Prefecture Governor Yuichiro […]

  • Russia and China Sign Another Major Gas Deal

    After a decade of negotiations, Russia and China have now closed two major gas supply agreements, with a memorandum of understanding for a second route west of the first being signed on Nov. 9. According to Russian media, Russian President Vladimir Putin and Chinese leader Xi Jinping agreed on a deal to supply 30 billion […]

  • Oncor Wants to Spend $5.2 Billion on Energy Storage

    Texas utility Oncor announced this week that it will seek regulatory approval to spend up to $5.2 billion on 5 GW of energy storage resources to firm up its grid and improve reliability. Oncor owns the state’s largest electrical grid, and it hopes to deploy distributed storage batteries across its entire system beginning in 2018. […]

  • Nuclear Plants on the Edge Could Benefit from Clean Power Plan

    A couple of recently released reports offer some hope for the future of nuclear power plants operating on the fringe of profitability. Moody’s Investors Service suggests that the U.S. Environmental Protection Agency’s (EPA’s) Clean Power Plan “could increase the value of nuclear power as a non-carbon emitting generation source.” In its report, “Environmental Mandates and […]

  • SCE Signs Contracts for Record Amount of Energy Storage

    Southern California Edison (SCE) signed contracts for more than 260 MW of energy storage resources on Nov. 5, among them what will be the largest grid-connected battery system in the world, a 100-MW facility supplied by AES Energy Storage. Under its mandate from the California Public Utilities Commission (CPUC), SCE was required to sign contracts […]

  • B&W to Spin Off Power Generation from Nuclear Business

    On Nov. 5, The Babcock & Wilcox Co. (B&W) announced that its board of directors has unanimously approved a plan for the tax-free spin-off of the company’s power generation business to B&W’s shareholders, in the process forming two independently traded companies. In its third-quarter earnings call the following day, company executives emphasized that the two […]

  • DOE Backs Four Gasification Research Projects

    Four industry-led projects will each receive about $16 million in federal funding to help them to significantly reduce the cost of producing hydrogen-rich syngas derived from fossil fuels and advance the gasification process for power generation and syngas production, the Department of Energy (DOE) announced on Nov. 6. “Gasification plants have the potential for greater […]

  • Nationwide Blackout Hits Bangladesh

    A collapse of Bangladesh’s national power grid over the weekend turned out the lights for about 60% of the nation of 160 million people for more than 10 hours.  The interruption reportedly occurred at about 11:30 a.m. on Nov. 1 at a substation in Kushtia district, western Bangladesh, which knocked out a 400-kV transmission line […]

  • Eskom Resorts to Rolling Blackouts After Silo Damage at Coal Plant

    South African utility Eskom was forced to implement rolling blackouts for the second time this year after a coal silo supplying a 4.1-GW coal-fired power plant collapsed on Nov. 1. A crack was observed in one of the three 1994-built coal storage silos serving the 13-year-old Majuba Power Station in Mpumalanga Province at about 12:30 […]

  • Federal Court Tosses Antitrust Suit Against Chinese Solar Companies

    A federal court in Michigan on Oct. 31 dismissed the $950 million antitrust suit filed against three Chinese solar photovoltaic (PV) panel manufacturers by bankrupt firm Energy Conversion Devices (ECD). ECD, which at one time was the world’s largest manufacturer of thin-film solar panels, was forced into Chapter 7 liquidation in 2012 after Chinese firms […]

  • DHS Issues New Alert on ICS Malware

    The U.S. Department of Homeland Security (DHS) has issued another alert warning of an “ongoing sophisticated malware campaign” targeting human-machine interface (HMI) software that is used for grid control and other energy systems. The alert, released on Oct. 29, warned that DHS’s Industrial Control Systems Cyber Emergency Response Team (ICS-CERT) has identified a strain of […]

  • A Power Sector Guide to the Midterm Elections

    The Republicans seized full control of Congress on Tuesday, bagging the six seats necessary to snatch the Senate away from the Democrats—and leaving several Obama administration energy-related initiatives in a fog.  With most election results in, Republicans have control of at least 52 Senate seats, snaring key seats in Iowa, North Carolina, Colorado, Arkansas, South […]