POWERnews
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POWERnews—May 1, 2014
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Legal & Regulatory
Exelon to Expand Mid-Atlantic Service Area With Acquisition of Pepco
Exelon Corp. and Pepco Holdings Inc. announced on April 30 that they have reached an agreement to combine the two companies. Assuming all approvals are received, Exelon will acquire Pepco in an all-cash deal valued at $6.83 billion, which represents a 24.7% premium to the volume-weighted average share price over the last 20 trading days […]
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Nuclear
Public Protest Forces Taiwan to Halt Nuclear Plant Construction
Taiwan’s governing party has agreed to halt construction on the island’s fourth nuclear power plant due to anti-nuclear public sentiment. Protestors staged a sit-in along a main street near the central train station in Taipei, the capital city of Taiwan, beginning on April 26, which was the 28th anniversary of the Chernobyl nuclear accident. According […]
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Legal & Regulatory
Supreme Court Revives CSAPR
In a major ruling on Tuesday, the U.S. Supreme Court upheld the Environmental Protection Agency’s (EPA’s) authority to regulate power plant emissions across state lines under the Cross-State Air Pollution Rule (CSAPR). The U.S. Court of Appeals for the D.C. Circuit had struck down the CSAPR in 2012, finding that the EPA had exceeded its […]
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Legal & Regulatory
Texas’ Largest Power Company Files For Bankruptcy
Energy Future Holdings Corp. (EFH)—the Dallas-based holding company whose portfolio includes Luminant and TXU Energy—filed for Chapter 11 bankruptcy protection today. With support of key financial stakeholders, the company reached an agreement on a restructuring plan that it says will reduce debt, lower annual interest costs, allow access to additional capital, and create a sustainable […]
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Renewables
World’s Largest Solar PV Plant Commences Operations
The Agua Caliente Solar Photovoltaic (PV) facility in southern Arizona, currently the world’s largest solar PV plant, completed construction on April 29. The 290-MW project—located between Phoenix and Yuma—is jointly owned by NRG Energy, through its subsidiary NRG Solar, and MidAmerican Solar, a subsidiary of MidAmerican Renewables. The plant will sell its electricity to Pacific […]
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Nuclear
German Court Orders $3B Fuel Tax Refund to Nuclear Generators
A German court on April 14 reaffirmed that a nuclear fuel rod tax is unconstitutional and has ordered federal tax authorities to reimburse €2.2. billion ($3.04 billion) paid by five nuclear-owning utilities until compatibility with European and German law is established. The Financial Court of Hamburg had held in January 2013 that the federal nuclear […]
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Solar
Oklahoma Allows Infrastructure Cost Recovery for Distributed Generation
Oklahoma’s Gov. Mary Fallin (R) on Monday signed into law a measure that would allow regulated electric utilities to recover revenues needed to pay for transmission infrastructure as the number of distributed generation users increases. Senate Bill 1456, which drew strong opposition from environmental and distributed generation groups, reversed a 1977 law that prohibited public […]
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Coal
Duke Energy’s Coal Ash Solution Could Cost More Than $10 Billion
On Apr. 22, Duke Energy updated the N.C. Joint Environmental Review Commission on near- and long-term actions it is considering to address coal ash storage across the state. Paul Newton, N.C. state president for Duke, explained that actions outlined in a letter sent to N.C. Gov. Pat McCrory (R) and N.C. Department of Environment and […]
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Power
Report: GE in Talks to Buy Alstom
General Electric (GE) is in talks to buy Alstom, with the deal being announced as soon as next week, according to a report from Bloomberg News. Citing unnamed sources, the report claims GE may offer more than $13 billion for the French company, which would be about 25% above its current market value. Alstom manufactures […]
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Nuclear
China to Ramp Up Nuclear Power, Renewables
According to reports in the Chinese media, China’s central government is planning to reorient the nation’s energy policy to expedite the construction of new, safer, nuclear power plants and boost the production of green energy. The Chinese National Energy Commission released a statement on Sunday laying out the new direction. China will seek to reform […]
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Gas
Six Combined Cycle Plants to Change Hands in the Southeastern U.S.
Calpine Corp. has agreed to sell six of its Southeast region combined cycle power plants with a total capacity of nearly 3.5 GW to LS Power Equity Advisors LLC for $1.57 billion. The deal includes the 1,134-MW Oneta plant in Coweta, Okla., the 795-MW Decatur plant in Decatur, Ala., the 606-MW Columbia plant in Calhoun […]
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Coal
Water Shortages Threaten Global Coal Power
Water stresses in developing countries threaten to derail a massive build-out of coal capacity, according to a new analysis from the World Resources Institute (WRI). The WRI estimates that about 1,400 GW of new coal capacity is being proposed worldwide, and of that, three-quarters of it are in China and India. Unfortunately, much of this […]
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Wind
It Blows in Texas!
According to recently released data from the U.S. Energy Information Administration (EIA), 80% of total wind generation in 2013 was produced in only 12 states. A little more than 21% of the total—35,875 GWh—was generated in Texas. While that is a significant figure, Iowa would actually have led the nation in wind production if generation […]
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Renewables
DOE to Open $4B More in Loan Guarantees for Renewables, Energy Efficiency Projects
The Department of Energy (DOE) plans to make an additional $4 billion in loan guarantees available to help commercialize U.S. renewable energy and energy efficiency technologies that avoid, reduce, or sequester greenhouse gases. The DOE on Wednesday issued a draft loan guarantee solicitation under Title XVII of the Energy Policy Act of 2005 (through Section […]
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Wind
Canada’s Largest Wind Project Completed
The 270-MW South Kent Wind project has been completed in Ontario. The project includes 124 wind turbines and is the largest wind power facility in Canada. The wind farm utilizes Siemens 2.3-MW wind turbines with blades manufactured at the company’s Tillsonburg facility and towers made by CS Wind at its Windsor location using Ontario-made steel. […]
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Coal
EPA Breaches Legal Commitment to Issue Final 316(b) Cooling Water Rule
The Environmental Protection Agency (EPA) failed to issue a final rule governing power plant cooling water by April 17 as agreed with environmental groups. In court papers, the agency instead stated its intention to complete the rulemaking by May 16, 2014. The agency secured more time under a modified settlement agreement with a coalition of […]
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Legal & Regulatory
[UPDATED] Federal Court Upholds Final MATS Rule, Thwarts Industry Challenges
A federal court on April 15 upheld the Environmental Protection Agency’s (EPA’s) February 2012-finalized Mercury and Air Toxics Standards (MATS), ruling in a 2–1 decision that the agency is not required to take costs into account when it promulgates rules that are “appropriate and necessary” to address hazards to public health. In the U.S. Court […]
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Renewables
Japan’s Cabinet Formally Drops Zero-Nuclear Ambitions, Adopts New Basic Energy Plan
In a stark departure from the zero-nuclear future proposed by a previous administration, the cabinet of Japan’s Prime Minister Shinzo Abe Friday endorsed restarting the country’s idled nuclear reactors as it develops more renewables. The cabinet on Friday officially adopted the first Basic Energy Plan since the Fukushima disaster, a 78-page document (in Japanese) that […]
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Legal & Regulatory
Industry Leaders, Experts Testify on How to Keep the Lights On
Ten witnesses from federal and state regulatory agencies, a public power entity, environmental groups, and power companies today outlined a number of threats to the bulk power system’s reliability in a Senate hearing to assess whether enough was being done to keep the lights on. General measures to address day-to-day issues affecting reliability—such as tree […]
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T&D
OIG: Grid Threats Should Have Stayed Classified
The Federal Energy Regulatory Commission (FERC) should have classified and protected a sensitive grid-related document created by its staff, the Department of Energy’s Office of Inspector General (OIG) said in a memorandum on Wednesday. Sens. Mary Landrieu (D-La.) and Lisa Murkowski (R-Alaska) requested that the inspector general investigate sensitive information leaks suspected to have originated […]
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Coal
EIA: 70% of U.S. Coal Fleet Is Ready for MATS
At least 70% of U.S. coal-fired generating capacity has already installed environmental control equipment to comply with the Mercury and Air Toxics (MATS) Standards, the Energy Information Agency (EIA) reports. The Environmental Protection Agency’s rule will require coal generators of more than 25 MW to incorporate the maximum achievable control technologies (MACT) to control the […]
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Power
Solar Farm Completed on EPA Superfund Site
A first-of-its-kind, utility scale solar project has been completed on an active Environmental Protection Agency (EPA) Superfund site. The 10.86-MW Maywood Solar Farm is located on 43 acres of the Reilly Tar and Chemical Superfund site in Indianapolis, Ind. Superfund is the name given to the environmental program established to address abandoned hazardous waste sites. […]
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Legal & Regulatory
Germany Moves to Tweak Renewables Law
The German Cabinet on April 8 approved a list of changes that are intended to put the brakes on spiraling retail energy prices that have Germans paying some of the highest electricity bills in the world. The core of the changes outlined in the draft bill that must still go through the parliamentary process involves […]
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Gas
New CCPP Erected in Record Time
The 417-MW Andong combined cycle power plant (CCPP) constructed in the province of Gyeongsangbuk-do, in South Korea, was completed in only 24 months. Owned and operated by Korea Southern Power Co. Ltd. (KOSPO), the plant is fired using liquefied natural gas and utilizes a Siemens SGT6-8000H gas turbine, an SST6-5000 steam turbine, an SGen6-2000H generator, […]
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O&M
OSHA Revises Standards for Line Work and Electrical Protective Equipment
The Occupational Safety and Health Administration (OSHA) on Tuesday issued a final rule that revises a 42-year-old construction standard for electric power line work to make it more consistent with general industry standards. The final rule, which is scheduled to be published in the Federal Register on April 11 and becomes effective 90 days after that, […]
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Renewables
APS: Arizona to See Dramatic Changes in Energy Mix Within 15 Years
By 2029, renewable sources in Arizona’s energy mix will double and natural gas’s share will surpass coal’s and nuclear’s, the state’s largest utility, Arizona Public Service (APS) projects in its newly released “Integrated Resource Plan.” The report, which foresees that the state’s energy needs will grow 52% while peak demand will surge 60% compared to […]
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Solar
FPL Proposes Voluntary Community-Based Solar Partnership
Florida Power and Light (FPL) on Wednesday asked the Florida Public Service Commission (PSC) to approve a unique pilot program through which the company will build new solar facilities and participating customers will fund them via voluntary contributions. During the next three years, depending on customer participation, FPL projects that the program could support the […]
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Nuclear
Control Room Operational at First AP1000 Nuclear Plant
When Sanmen Nuclear Power Co. and State Nuclear Power Technology Corp. declared the main control room at the Sanmen Unit 1 nuclear power plant—currently under construction in China—operational on March 31, it marked the first AP1000 unit to reach that important milestone. Several instrumentation and control (I&C) systems were integrated and tested before the declaration […]
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Coal
Duke Energy Cited for Significant Crack in Cape Fear Coal Ash Dam
North Carolina state officials on Friday cited Duke Energy for a 40-foot-long crack in an earthen dam at the 2012-retired Cape Fear Plant’s ash impoundment, to which the company last week made emergency repairs. The North Carolina Department of Environment and Natural Resources (DENR) issued Duke Energy with a notice of deficiency on Friday for the longitudinal […]