POWERnews
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T&D
Fortis’ $11.3B Acquisition of ITC Holdings Marks Foray into U.S. Regulated Markets
Canadian utility Fortis wants to acquire ITC Holdings Corp., the largest independent electric transmission company in the U.S., to benefit from “low-risk” regulated power markets. The deal valued at about $11.3 billion will allow Fortis to enter the U.S. regulated power market overseen by the Federal Energy Regulatory Commission (FERC), providing a “unique, highly diversified, […]
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Energy Storage
California Utility Axes Big Pumped Storage Project
The 400-MW Iowa Hill pumped storage project, planned for a site east of Sacramento as a means of dealing with ever-growing renewable generation in the area, has been canceled by its developer, the Sacramento Municipal Utilities District (SMUD), because of spiraling costs. The Iowa Hill project (Figure 1) was a planned expansion of the Upper […]
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Legal & Regulatory
Duke Energy Fined $6.6 Million for Dan River Coal Ash Spill
The North Carolina Department of Environmental Quality (NCDEQ) issued a $6.6 million fine to Duke Energy on February 8 for environmental violations related to the February 2014 coal ash spill from the Dan River power plant near Eden, N.C. Although the fine is not insignificant, it pales in comparison to the $102 million the company […]
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Nuclear
More Headaches for Indian Point Nuclear Plant, Radioactive Water Found in Wells
Entergy Corp.—owner and operator of the Indian Point nuclear power plant located in Buchanan, N.Y.—announced on February 6 that it had discovered elevated levels of tritium in samples from three of its groundwater monitoring wells at the facility. The samples were taken as part of the plants ongoing comprehensive groundwater-monitoring program. Although the company said […]
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Nuclear
German City to Sue Belgian Nuclear Power Plant
Reports out of Germany suggest that the city of Aachen plans to sue the Tihange nuclear power plant over what it claims is the plant’s failure to adequately address safety issues at the facility. Aachen—a city with roughly 250,000 people—is located about 71 km (44 miles) west of Cologne on Germany’s border with Belgium and […]
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Coal
Kemper IGCC In-Service Date Pushed to Q3, Costs Surge Again
Mississippi Power’s lignite-fired Kemper County integrated gasification combined cycle (IGCC) power plant is seeing yet another delay and $110 million in new costs, a filing with state regulators shows. The company’s December 2015 monthly status report for the nation’s first commercial power plant that will capture and store carbon dioxide anticipates that it will now […]
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Legal & Regulatory
EPA, DOE Experts Upbeat on Regulatory Agenda
The Environmental Protection Agency’s (EPA’s) acting administrator of the Office of Air and Radiation, and the Department of Energy’s (DOE’s) head of clean coal and carbon management gave upbeat assessments of the Obama administration’s regulatory agenda and power sector priorities speaking at the EUEC 2016 conference in San Diego on February 3. Janet McCabe of […]
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Gas
Dominion Resources Agrees to Acquire Questar, Adding to Its Natural Gas Portfolio
Richmond, Va.–based Dominion Resources announced on February 1 that it would add to its more than 12,000 miles of natural gas transmission, gathering, and storage pipeline, by acquiring Salt Lake City, Utah–headquartered Questar Corp. The $4.4 billion deal would pay Questar shareholders $25 per share of common stock, a 30% premium to the company’s volume-weighted […]
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Nuclear
Japan Restarts Third Nuclear Reactor, a MOX Unit
Following rigorous safety checks, Kansai Electric Power Co. on February 1 restarted a unit that uses a uranium-plutonium mixed oxide (MOX) fuel at its Takahama nuclear plant in Japan’s Fukui prefecture. The unit is the third restarted in Japan since the country’s Nuclear Regulation Agency (NRA) idled all reactors and began safety checks in the […]
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Renewables
German Battery Firm Sonnen Moves into U.S. Home Solar-Storage Market
Look out Tesla, the Germans are coming. The U.S. residential energy storage market took another step forward on January 29 when German firm sonnen announced that it was partnering with solar manufacturer SolarWorld to offer residential solar-plus-storage systems in the U.S., much like the systems announced by Tesla and Solar City last April. Unlike […]
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