POWERnews
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Legal & Regulatory
Construction Monitor: Longer Delays Are Likely for Vogtle Reactors
The two nuclear reactors under construction at Plant Vogtle will be delayed beyond their forecast commercial operation dates of December 2017 and 2018, an oversight team told Georgia regulators in the project’s latest construction monitoring report. The consortium building the project had originally projected the first of the two AP1000 reactors would be operational in […]
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Renewables
Solar PV Continues Strong Growth in U.S.
Spurred by large utility-scale projects and healthy growth in residential installations, the U.S. added 1.3 GW of solar photovoltaic (PV) capacity in the third quarter of 2014, according to the latest US Solar Market Insight Report published by the Solar Energy Industries Association and GTM Research. The 1,354 MW of utility, commercial, and residential PV […]
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Nuclear
DOE Opens $12.5B Nuclear Loan Guarantee Solicitation
The Department of Energy (DOE) today opened a loan guarantee solicitation to make available as much as $12.5 billion to bolster the construction of new nuclear projects. Issued under Title XVII of the Energy Policy Act of 2005, the Advanced Nuclear Energy Projects Solicitation backs four key technology areas: advanced nuclear reactors, small modular reactors […]
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Nuclear
India’s Kudankulam Nuke Plant Is Back Online
Unit 1 of India’s long-delayed Kudankulam nuclear power plant, which reached commercial operations after 26 years of development this summer only to be shut down in September after a turbine accident, was brought back online on Dec. 8. The two-unit project in Tamil Nadu, a 2014 POWER Top Plant, began development in 1988 but spent […]
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Renewables
Two Leading Renewable Energy Companies Agree to Combine
NextEra Energy Inc. and Hawaiian Electric Industries Inc. (HEI)—two companies with substantial renewable energy resources—agreed on Dec. 3 to combine in a transaction valued at roughly $4.3 billion. Currently, NextEra Energy’s principal subsidiaries include Florida Power & Light Co. (the third-largest electric utility in the U.S.), and NextEra Energy Resources (North America’s largest producer of […]
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Nuclear
Diablo Canyon Nuclear Plant: Solid as a Rock or Ready to Crumble?
Although the official title of the U.S. Senate Environment and Public Works Committee hearing on Dec. 3 was “[Nuclear Regulatory Commission’s] Implementation of the Fukushima Near-Term Task Force Recommendations and other Actions to Enhance and Maintain Nuclear Safety,” much of the testimony focused on possible seismic problems in and around the Diablo Canyon nuclear power […]
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Renewables
[UPDATED] Viewpoints on the EPA’s Clean Power Plan Abridged
The Environmental Protection Agency’s (EPA’s) proposed carbon rules for existing power plants amassed more than 1.6 million remarks before the public comment period ended on Monday. Here’s a snapshot of what states, regulators, industry groups, and environmental alliances told the agency about its Clean Power Plan. States Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, […]
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Renewables
E.ON to Spin Off Its Power Generation Business
E.ON—a major investor-owned energy supplier that manages facilities across Europe, Russia, North America, Brazil, and Turkey—announced this week that it will embark on a new corporate strategy focused on renewables, distribution networks, and customer solutions, while combining its power generation, global energy trading, and exploration and production businesses into a new, independent company. “We are […]
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Gas
Oil Price Collapse Poses Threats to U.S. Shale Gas Boom
The drop in world oil prices, given added impetus by the Organization of Petroleum Exporting Countries’ (OPEC’s) decision on Nov. 27 not to cut production, may pose a threat to shale gas production in the U.S. Crude oil prices have fallen substantially since reaching a peak of around $110/barrel this past July, hitting a low […]
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Legal & Regulatory
EPA’s Proposed Revisions to Ozone Standards to Cost up to $15B Annually
The Environmental Protection Agency (EPA) on Wednesday proposed to revise the national ambient air quality standards (NAAQS) for ground-level ozone to a range of 65 to 70 parts per billion (ppb) and sought comments on a level as strict as 60 ppb. The proposed level applies to primary (health-based) and secondary (welfare-based) ozone standards, but […]