POWERnews

If California adopts requirements recommended last month by state agencies to generate at least 33% of its electricity from renewable sources by 2020, it may cost the state $60 billion, the California Public Utilities Commission (CPUC) said in a report released Thursday. The regulatory agency, which had advocated the 33% renewable standard along with the […]

NRG Energy Inc. on Sunday rejected Exelon Corp.’s $6.08 billion acquisition offer—a merger deal that would have created the single largest power company in the U.S.—saying that the “opportunistically timed proposal grossly undervalues” the company. Stressing that the offer was unsolicited, the company’s board of directors unanimously agreed that Exelon’s Oct. 19 proposal significantly undervalued […]

Maryland’s Public Service Commission (PSC) has ordered the state’s utilities to find ways to generate more power to avoid shortfalls and possible brownouts or blackouts predicted to hit the state between 2011 and 2012. In 2007, and this past May 2008, PJM Interconnection, the region’s grid operator, told the PSC that Maryland could face electricity shortages—and […]

The Department of Energy is hoping to expand the capacity of the $90 billion Yucca Mountain nuclear waste repository in Nevada—a facility that President-elect Barack Obama has consistently said he opposes—instead of building a second repository, The New York Times reported last week. Edward F. Sproat III, director of the DOE’s Office of Civilian Radioactive […]

British Petroleum (BP) has reportedly withdrawn all plans to build wind farms and other renewable projects in the UK, and it has dropped out of a government competition to build a carbon capture and storage plant. The Guardian reports that the company will instead concentrate its $8 billion renewable program on the U.S., attracted to […]

Widespread efforts aimed at reducing carbon emissions and increasing the use of renewables for the generation of electricity will fundamentally determine the future course of electric reliability across North America, the North American Electric Reliability Corp. (NERC) said in a recently released report. “We are concerned that, when viewed from a continent-wide perspective, current climate […]

Ministers at the UK House of Commons last week approved, by a clear majority, a climate change bill that would commit that country to cut its greenhouse gas emissions by at least 80% from 1990 levels by 2050. If the bill passes scrutiny by the parliament’s upper house and receives Royal Assent—as is expected later […]

Six New England states and New York last week asked the Environmental Protection Agency (EPA) to require Midwestern and Mid-Atlantic coal plants to clean up their smokestack mercury emissions. The seven states—Rhode Island, Connecticut, Maine, Massachusetts, New Hampshire, New York, and Vermont—have claimed that mercury pollution from Pennsylvania, New Jersey, Ohio, West Virginia, Maryland, Michigan, […]

T. Boone Pickens will “scale back” a multibillion-dollar project to build the world’s biggest wind farm in Texas because of the capital market crunch. The Texas oilman’s Mesa Power LLP had announced plans for a four-phase project to add 4,000 MW of wind power to the Texas grid last year. The Pampa Wind Project was […]

Canada’s only private nuclear generating company, Bruce Power, said Friday that it is considering building two new nuclear reactors in Nanticoke, Ontario, the site of North America’s largest coal-fired plant that is slated to shut down by 2014. The plans have met strong opposition from the provincial government. The company said it would launch an […]

The North Carolina Utilities Commission last week approved Progress Energy Carolinas’ selected route for a 64-mile, 230-kV electric transmission line between Richmond and Cumberland counties in the North Carolina Sandhills. The transmission line, announced in 2007, is part of a project that includes a 600-MW natural gas–fueled power plant to be built at the company’s […]

Germany’s Siemens Energy and RWE Energy said Friday that the first virtual power plant operated by the companies had come on-line. The pilot project, which linked nine small hydroelectric facilities with a total capacity of about 8.6 MW, would demonstrate the technical and economic viability of virtual power plants and accumulate findings for further possible […]

GE Energy and the University of Wyoming (UW) reached agreement last week on a proposed development plan for the High Plains Gasification Advanced Technology Center. This facility, consisting of a small-scale gasification system, would enable researchers from both GE and UW to develop advanced gasification and “cleaner” coal solutions for Powder River Basin and other […]

Dynegy Inc. must disclose timely and relevant information to investors about the financial risks that climate change may pose under an agreement the national energy company signed with New York’s attorney general on Thursday. Dynegy is the second of five companies to agree to make climate change disclosures. Xcel Energy was the first, signing a […]

French nuclear engineering firm AREVA and global defense and technology company Northrop Grumman Corp. plan to jointly build a new facility in Newport News, Va., to engineer and manufacture heavy components for AREVA’s U.S. Evolutionary Power Reactor (EPR). The companies expect that the new facility will boost the U.S. nuclear resurgence. The companies said Thursday […]

Italy’s largest power company, Enel, and its biggest oil and gas company, Eni, will partner to create the country’s first project to capture carbon dioxide from a coal-fired plant and store it underground. The companies’ chief executives signed a strategic agreement last week at Italy’s Ministry of Environment headquarters to join forces and develop an […]

Australia’s University of New South Wales (UNSW) announced last week that a recalibration of the international standard by which solar cells are measured revealed that they had created the first silicon solar cell to achieve the “magic” efficiency milestone of 25%. Physics dictates that the theoretical maximum efficiency for first-generation silicon photovoltaic cells will be […]

The impact of environmental initiatives and the need for transmission infrastructure are among the most important issues facing electric reliability in North America over the coming 10 years, the quasi-public agency North American Electric Reliability Corp. (NERC) said last week in its 2008 Long-Term Reliability Assessment (PDF). Though the total miles of transmission additions have […]

The U.S. Department of the Interior (DOI) last week announced plans to allow geothermal drilling in more than 190 million acres of federal land, spanning 12 Western states. Dirk Kempthorne, secretary of the interior, said that the proposed initiative could increase geothermal power production in the U.S. tenfold. “Geothermal energy will play a key role […]

Exelon has proposed the purchase of all the outstanding shares of NRG’s common stock for $6.2 billion. The combination of Exelon and NRG would form a utility with a generating capacity of about 47,000 MW and create the largest utility in the U.S., dwarfing both American Electric Power with 36,000 MW and Duke Energy with […]

Europe’s first EPR nuclear power plant, the Olkiluoto 3 in Finland, is now three years behind schedule and will not come on-line until 2012, Finnish utility Teollisuuden Voima Oyj (TVO) admitted last week. The delay is the fourth announced for the 1,600-MW plant, which has been plagued with faulty materials and planning problems since construction […]

The UK will build only a quarter of the 29 GW of offshore wind farms needed to reach its target to have 15% of energy from renewable sources by 2020 unless the government acts urgently to reduce costs and risks to developers, a government-funded but independent think tank said in a report launched last week. […]

The Indiana Court of Appeals on Thursday ruled against four environmental and consumer groups and upheld a decision by state regulators to allow Duke Energy to build a $2.35 billion integrated gasification combined cycle (IGCC) plant at its coal and oil–fired Edwardsport facility in Knox County, Ind. Duke and Southern Indiana Gas and Electric Company […]

PJM Interconnection has approved $1.8 billion in electric transmission system additions and grid upgrades to enhance the reliability of its power supply system. The grid operator’s system serves parts of 13 states and the District of Columbia. On Friday, it said the upgrades and improvements authorized by its board comprised dozens of projects. Most new […]

Belgian utility Electrabel has threatened legal action if the country’s government enacts a bill that would force the its two nuclear operators to pay a € 250 million ($336 million) tax. The one-time levy would force Electrabel and SPE to contribute to the 2008 financial year. If they do not comply, a penalty of 2% […]

A regional system plan for 2008 released Friday by ISO New England Inc. forecasts that the region is likely to have sufficient capacity to meet electricity demand through 2014, but significant challenges—such as major transmission upgrades—remain for the region New England Inc. is the operator of the region’s bulk power system and wholesale electricity markets. […]

The U.S. Department of Energy (DOE) last week awarded military-industrial giant Lockheed Martin a cooperative agreement contract worth $1.2 million to demonstrate innovative generation technologies that use the ocean’s thermal gradient.    Ocean Thermal Energy Conversion (OTEC) uses temperature differences of 36 degrees F or more between warm surface water and cold deep seawater to […]

PPL Corp. on Friday submitted an application to the U.S. Nuclear Regulatory Commission (NRC) for a license to build and operate a new nuclear plant—the 17th received by the agency so far.   The company has proposed in its combined construction and operating license (COL) application to build the Bell Bend nuclear plant close to […]

Representatives from both presidential campaigns engaged in a spirited debate about their candidates’ approaches to solving the nation’s energy problems at the Massachusetts Institute of Technology (MIT) on Oct. 6. Among the notable distinctions were that John McCain favors leaving energy decisions up to the states while Barack Obama calls for significant regulations and investment […]

U.S. Secretary of State Condoleezza Rice and Pranab Mukherjee, her Indian counterpart, signed a pact Friday that allows U.S. equipment and service providers to support India’s plans to increase the country’s nuclear capacity.     The accord seals the “123 Agreement,” an historic deal that lifts a 34-year-old ban on U.S.-Indian civilian nuclear trade. After three […]