POWERnews
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Legal & Regulatory
Seventeen U.S. Governors Sign Clean Energy Accord
The governors of 17 U.S. states on February 16 signed a landmark agreement to cooperate on expanding clean energy, energy efficiency, and modernizing energy infrastructure. The Governors’ Accord For A New Energy Future makes the case that “new energy solutions” can “provide more durable and resilient infrastructure, and enable economic growth, while protecting the health […]
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Renewables
Morgan Stanley Investment Banker “Bearish” on New U.S. Nuclear
Despite the positive attributes of nuclear power—zero carbon emissions, reliable generation, low fuel costs, and a small footprint—the outlook for new nuclear in the United States is “bearish,” said Anthony Ianno, a Morgan Stanley managing director who follows the electricity business as an investment banker and dealmaker.
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Nuclear
TVA Explores Sale of Bellefonte Nuclear Power Plant Site
It’s looking less and less likely that the Tennessee Valley Authority (TVA) will ever finish construction as it was once envisioned for its Bellefonte Nuclear Plant. POWER confirmed through a media spokesperson that the TVA has notified federal authorities that it is withdrawing its application for two combined construction permits and operating licenses for Units […]
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Nuclear
Wisconsin’s Senate Lifts Ban on New Nuclear Plant, Bill Heads to Governor
Wisconsin’s Senate has voted to lift a longstanding ban on building new nuclear plants unless a federal site exists to store the waste and it can be shown to benefit ratepayers. The Senate voted 23–9 for Senate Bill 384, with several Democrats joining Republicans in voting for the measure. The bill now heads to the […]
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Nuclear
EDF Energy Extends Life of Four UK Nuclear Power Plants
EDF Energy announced on February 16 that it is extending the closure dates for four of its nuclear plants in the UK. Heysham 1 and Hartlepool will be extended by five years to 2024, while Heysham 2 and Torness will be extended seven years to 2030. The decision follows extensive technical and safety reviews, according […]
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Nuclear
NYISO Warns of Power Capacity Gap When Ginna, FitzPatrick Nuclear Plants Are Closed
Closure of Exelon’s 614-MW R.E. Ginna and Entergy’s 882-MW James A. FitzPatrick nuclear plants will leave New York with a statewide power deficiency starting in 2019, the New York Independent System Operator (NYISO) has concluded. A generator deactivation assessment issued on February 11 that is focused on reliability impacts stemming from the deactivation of the FitzPatrick […]
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Renewables
Electric Co-ops Launch “Community Storage” Initiative
Electric cooperatives are poised to increase their use of electric water heaters as a demand response (DR) and energy storage tool in their service territories.
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Cybersecurity
Obama’s National Action Plan for Cybersecurity Seeks Boosts in Personnel Awareness, Protections
A national action plan issued by the White House seeks to take near-term actions to enhance cybersecurity awareness and protections, including investing more than $19 billion in resources for cybersecurity. The Cybersecurity National Action Plan (CNAP) announced on February 9 is the “capstone” of more than seven years of efforts by the Obama administration to tackle […]
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Legal & Regulatory
Supreme Court Stays Implementation of Clean Power Plan
Dealing a major blow to the Obama administration’s climate agenda, the U.S. Supreme Court by a 5-4 vote stayed implementation of the Environmental Protection Agency’s (EPA’s) Clean Power Plan (CPP) pending a decision on its legality in the D.C Circuit Court of Appeals. The one-page order gives no explanation for the court’s action, but issuance […]
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Coal
Duke Energy Mulls Sale of International Power Plants
Duke Energy is considering the sale of all or most of its international power plants, about 4,400 MW dispersed throughout Central and South America. The company’s international business segment, Duke Energy International (DEI), was forced to make the disclosure in light of a required statement from its Brazilian subsidiary, Duke Energy International, Geração Paranapanema S.A. […]