POWERnews
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Infographics
What 10 Charts from the DOE’s Grid Study Reveal About the State of U.S. Power
The Department of Energy’s (DOE’s) new grid study is based on analyses of federal government data collected between 2002 and 2017, a period it notes fostered critical developments in the nation’s power sector. Here are some of report’s most thought-provoking charts. [gss ids=”109885,109881,109883,109877,109865,109867,109869,109875,109873,109871″] For an in-depth analysis about the DOE’s grid study, see: DOE Grid Study Points Finger […]
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Legal & Regulatory
DOE Grid Study Points Finger at Natural Gas
In a long-awaited study of electricity markets and grid reliability, the Department of Energy has called out natural gas as the No. 1 reason for retirements of coal and nuclear plants, breaking from the Trump administration’s prior talking point blaming regulations and renewables for the nation’s shrinking coal and nuclear fleets. The report attributes four […]
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Power
Major Power Players Issue Mixed Reactions to DOE’s Controversial Grid Study
The Department of Energy’s (DOE’s) much-anticipated study on grid resilience and reliability elicited immediate chatter from a variety of industry stakeholders, from power generators and trade groups to environmental and clean energy advocates. The 187-page study essentially notes that unprecedented changes are transforming the electricity industry. Over the past 15 years, market forces—namely, cheap natural […]
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Legal & Regulatory
Eastern States Expand Emission Cuts as Part of Cap-and-Trade
Nine states in New England and the Mid-Atlantic region have said they will cut emissions from power plants by 65% below 2020 levels by 2030, expanding a cap-and-trade program designed to reduce carbon output usually associated with power plants. States in the Regional Greenhouse Gas Initiative (RGGI) agreed to increase emissions cuts by an additional […]
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Legal & Regulatory
Suit Claims Santee Cooper Charging Customers for Unbuilt Coal Plant
A lawsuit filed in South Carolina wants state-owned utility Santee Cooper to sell the parts from a coal-fired power plant project it suspended in 2009, saying customers should receive the proceeds as payback for Santee Cooper raising residential and commercial rates after the project was stopped. Conway, S.C., attorney George Hearn Jr. filed the lawsuit […]
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Coal
Mississippi Power Will Absorb Costs for Failed Kemper Gasification Project
A settlement Mississippi Power reached on August 21 with stakeholders of the Kemper County facility will ensure customers won’t be subjected to rate increases associated with the now-abandoned gasification portion of the project. While that will affect revenues, the resolution could soften controversy surrounding the project and avoid protracted legal and financial turmoil, the company […]
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Power
Emissions Controls, Changing Usage Widen Heat Rate Chasm Between Coal and Gas Power Plants
Between 2006 and 2015, annual average heat rates from the nation’s natural gas–fired power plants plunged 7%, while only decreasing 1% for coal plants, the Energy Information Administration (EIA) revealed on August 21. Heat rates, which are measured in British thermal units per kilowatt-hour (Btu/kWh), refers to energy conversion efficiency, calculated based on the amount […]
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Renewables
Calpine Announces $5.6 Billion Sale to Equity Group
Houston-based Calpine Corp., which confirmed in July it was looking for a buyer, announced August 18 it has agreed to be bought by Energy Capital Partners (ECP) in a $5.6 billion deal. ECP is a private equity firm that focuses on investments in North American energy infrastructure. The purchasing group also includes a consortium of […]
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News
Mass. Final Rules Require More Stringent Carbon Emissions Reductions for Power Plants
Final rules issued by Massachusetts agencies to help the state meet its stringent climate goals will require 21 in-state power plants to tamp down their carbon emissions annually. The Massachusetts Executive Office of Environmental Affairs and the Massachusetts Department of Environmental Protection (DEP) last week published a set of six rules designed to complement an […]
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Power
Georgia PSC Signals Support For Continuing Vogtle Expansion
In two actions on August 15, the Georgia Public Service Commission (PSC) signaled its support for the Vogtle nuclear expansion project, provided it can be done economically, Georgia Power must show revised cost and schedule estimates to finish the costly Vogtle nuclear expansion as well as indicate whether it intends to finish the much-delayed construction […]
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