POWERnews
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Nuclear
UPDATED: SCANA, Santee Cooper Abandon V.C. Summer AP1000 Nuclear Units, Citing High Costs
SCANA Corp. and Santee Cooper have ceased construction of Units 2 and 3 at the V.C. Summer Nuclear Station in South Carolina. The project owners said the decision, prompted by analysis of detailed schedule and cost data, would save customers nearly $7 billion. The project, which was about 64% complete, has been in limbo since […]
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Nuclear
Toshiba Will Pay $2.2 Billion to Exit Summer Nuclear Project
SCANA Corp. and state-owned utility Santee Cooper on July 27 said Toshiba has agreed to pay nearly $2.2 billion to cap its liabilities from the unfinished V.C. Summer nuclear project in South Carolina. Toshiba subsidiary Westinghouse, which was building two nuclear units at the Summer site along with the troubled Vogtle nuclear project in Georgia, […]
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Nuclear
DOE Approves Service Agreement Between Westinghouse and Georgia Power on Vogtle Expansion—With Conditions
The Department of Energy (DOE) has approved a new service agreement finalized by Westinghouse and Georgia Power for the Vogtle AP1000 units under construction in Georgia, though the agency reached a separate deal with Georgia Power on a loan guarantee agreement that will require the Southern Co. company to provide it with a solid cost […]
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Renewables
Group Reports 40% Jump in U.S. Wind Power Projects in Q2
Wind power production continues to increase in the U.S., with a more than 40% increase in the number of wind projects under construction or in advanced development this year compared to the same time last year, according to the American Wind Energy Association (AWEA). The group announced the figures during a July 27 meeting in […]
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POWERnews—July 27, 2017
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide Report: Advanced Nuclear Tech Could Be Lifeline for Industry Advanced nuclear technology brought to fruition could produce electricity at an average levelized cost of electricity (LCOE) roughly 40% lower than conventional pressurized water reactors, according to a July 25 […]
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Legal & Regulatory
Group Will Appeal Ruling That Backs N.Y. Nuclear Subsidies
A group representing several energy companies and ratepayers said it would appeal a federal judge’s ruling that upholds New York’s plan to subsidize nuclear power plants in the state. U.S. District Judge Valerie Caproni on July 25 in Manhattan ruled that federal law does not preempt the state and its Public Service Commission (PSC) from […]
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Nuclear
Report: Advanced Nuclear Tech Could Be Lifeline for Industry
Advanced nuclear technology brought to fruition could produce electricity at an average levelized cost of electricity (LCOE) roughly 40% lower than conventional pressurized water reactors, according to a July 25 study by the Energy Innovation Reform Project and Energy Options Network (EON). “At these costs, nuclear would be effectively competitive with any other option for […]
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News
Graham Goes to Bat for Small Modular Reactors in Funding Bill Markup
When it comes to nuclear power, the U.S. is not living up to its potential, Sen. Lindsey Graham (R-S.C.) told appropriators during a July 20 full committee markup of the Senate’s fiscal year 2018 (FY18) Energy and Water Development Appropriations Bill. “When it comes to nuclear power, we’re just so far behind the times and […]
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Coal
No Detectable Toxins in Water Near Memphis Plant, Says TVA
A Tennessee utility company on July 20 said tests on drinking water in the vicinity of a coal-fired power plant in Memphis showed no detectable evidence of arsenic, lead, and other toxins. The Sierra Club asked state officials to perform the tests after high levels of arsenic were found in monitoring wells at the Allen […]
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POWERnews—July 20, 2017
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide Senate Subcommittee Rejects Trump’s ‘Unrealistic’ DOE Budget Request In negotiating the Senate’s fiscal year 2018 (FY18) Energy and Water (E&W) Development Appropriation’s bill, Sen. Lamar Alexander (R-Tenn.), chairman of the Senate appropriations subcommittee on energy and water development, had […]