POWERnews
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Renewables
Wind Generation Capacity Outpacing Coal in Texas
An analysis by the University of Texas at Austin’s Energy Institute shows wind power generation capacity in Texas may already have surpassed coal-fired capacity in the state, and wind almost certainly will have leapfrogged coal by early next year, as wind farms continue to dot the landscape while more coal plants in the state are […]
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Legal & Regulatory
Eversource Will Sell 14 New Hampshire Power Plants, Completing Deregulation
Fourteen power plants in New Hampshire, including nine hydroelectric facilities, will soon have new owners as Eversource Energy divests its holdings in the state to satisfy an agreement with state regulators. Eversource outlined the sale of the hydro assets, along with three fossil fuel-fired plants and two combustion peaker units, in an October 12 filing […]
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Coal
Vistra Closing Two More Giant Uneconomic Coal Plants in Texas
Vistra Energy moved to halt a financial hemorrhage stemming from unprofitable conditions in the Electric Reliability Council of Texas (ERCOT), announcing plans to shutter two more coal-fired power plants—the 1.1-GW Sandow Power Plant (which includes a 2009-built unit) and the 1.2-GW Big Brown plant—in early 2018. The company’s decision made public on October 13 comes on […]
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Legal & Regulatory
Perry Hammered on FERC Order During House Subcommittee Hearing
Criticism for Secretary of Energy Rick Perry’s recent notification of proposed rulemaking (NOPR) directing the Federal Energy Regulatory Commission to show favor to coal and nuclear plants was in no short supply during an October 12 hearing of the House Subcommittee on Energy. The hearing, which focused on the Department of Energy’s (DOE) missions and […]
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POWERnews—Oct. 12, 2017
October 12, 2017 Monticello Goes Under, More Coal and Nuclear Imperiled in Texas A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price… Read More Monticello Goes Under, More Coal and Nuclear Imperiled in […]
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Nuclear
Startup of Olkiluoto 3 Nuclear Plant Delayed Again
Continued problems with construction of the Olkiluoto 3 nuclear power plant in Finland have pushed the facility’s expected start date into 2019, meaning operations will not begin until at least 10 years after the original proposed start of commercial service. Project owner Teollisuuden Voima Oyj (TVO) on October 9 announced further delays. TVO project director […]
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Legal & Regulatory
California Agency Opposes New Gas-fired Plant
Two members of the California Energy Commission (CEC) on October 6 said they would recommend the full five-member group oppose construction of a new natural gas-fired power plant in Oxnard. The two commissioners said environmental impacts of the plant could not be mitigated, and the plant would not be able to conform to local ordinances […]
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Renewables
The Netherlands to Quit Coal Power; UK and Canada Champion Global Transition Away from Coal
The Netherlands, a country that recently commissioned three state-of-the-art coal plants and has been reluctant to close them, on October 10 moved to phase out coal power by 2030. Meanwhile, the UK and Canada this week jointly urged other nations to drop coal from their power profiles. The countries are part of a growing list […]
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Legal & Regulatory
How Power Sector Deregulation Is Affecting Mexico [PODCAST]
Mexico’s energy reform began in 2013. It has opened up key parts of the country’s electricity sector to new market participants, foreign investors, and innovative technology. Prior to the reform, Mexico operated under a traditional, vertically integrated model with the state-owned Federal Electricity Commission (CFE) responsible for all power supply functions from generation to distribution. […]
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Renewables
Monticello Goes Under, More Coal and Nuclear Imperiled in Texas (Updated)
A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price environment” will force it to retire a 1.9-GW coal-fired power plant operating in the Texas market. The plant’s economic woes suggest a larger swath of […]