POWERnews

Berkeley, Calif., startup LightSail Energy, which aims to produce “the world’s cleanest and most economical energy storage systems,” has secured $37.3 million in a Series D round that included three big-name investors: Bill Gates, Vinod Khosla, and Peter Thiel.

Switzerland-based ABB today announced that it has developed the world’s first circuit breaker for high voltage direct current (HVDC), solving what it says has been “a 100-year-old electrical engineering puzzle and paving the way for a more efficient and reliable electricity supply system.” The breakthrough holds promise not just for renewables development but also for all types of generation that nations and regions wish to transmit over long distances, including under large bodies of water.

Tuesday saw the re-election of President Barack Obama, Democrats boosting their numbers in the U.S. Senate, and Republicans retaining their majority in the House. Voters in several states also cast ballots to decide a variety of environmental and energy issues at state and local levels. The results included rejection of a proposed raising of Michigan’s renewable energy standard (RES) to 25% by 2020 and passage of closing a tax loophole for out-of-state corporations in California to fund clean energy and energy efficiency projects.

An explosion at a 600-MW coal/biomass power plant in the eastern Netherlands city of Nijmegen early on Thursday morning sent steam clouds into the sky, scattered ceramic wool in the vicinity, and prompted police to advise nearby residents to keep their windows and doors shut. No casualties were reported, and all workers are accounted for, said GDF Suez, whose subsidiary Electrabel owns the plant.

The California Public Utilities Commission (CPUC) has opened a formal investigation into the extended outages of Units 2 and 3 at the San Onofre Nuclear Generating Station (SONGS). The investigation will determine whether to remove all costs related to SONGS from the rates of Southern California Edison (SCE) and San Diego Gas and Electric (SDG&E) going forward, and whether to refund SONGS-related costs already collected in rates back to Jan. 1, 2012.

On Tuesday morning, half a day after Hurricane Sandy made landfall in New Jersey, the enormous storm, now being called a superstorm or a post-tropical cyclone, was still causing destruction far inland while as many as 6 million electric customers from Maine to North Carolina and west to Pennsylvania and West Virginia were without power.

Natural gas–fired generation gave up some ground to coal during the third quarter, and coal producers are optimistic that higher natural gas prices will benefit coal, especially coal sourced from the Powder River Basin in Wyoming. Even so, at least one Midwest utility expects natural gas to power what could be as much as 1,500 MW of new generating capacity it may add over the next several years.

Hitachi announced on Tuesday that it had acquired Horizon Nuclear Power in a deal expected to be completed by the end of November. In another example of the global nature of the nuclear business, the Japanese firm purchased Horizon, which was developed by the UK to build new nuclear plants, from German companies RWE and E.ON.

A massive blackout spanning 11 states in northeastern Brazil plunged nearly 53 million residents into the dark early on Friday morning. The event, caused by a "total collapse" of the northeastern grid, has raised concerns about electric reliability in South America’s largest economy, which is gearing up to host the World Cup soccer tournament in 2014 and the 2016 Olympic Games.

Four coal and two oil generating units at two of the oldest power plants owned by Santee Cooper are to be retired. South Carolina’s state-owned utility said last week that the decision was reached by its board of directors after considering generation resource needs and the cost of complying with new environmental regulations.