POWERnews

The Federal Energy Regulatory Commission (FERC) on Monday conditionally approved the enhanced resource adequacy proposal submitted by the Midwest Independent Transmission System Operator (MISO), which it says will provide even greater market and reliability benefits to MISO’s members and the customers they serve. The enhanced mechanisms become effective October 1, 2012, for the Planning Year that begins on June 1, 2013.

A host of new technologies are ready to transform the energy system, offering the potential to drastically reduce carbon emissions, enhance energy security, and generate a huge investment return, the International Energy Agency (IEA) said in a new energy technology publication launched on Monday.

In a long-running labor dispute, Entergy Corp. on June 7 locked out union workers at its Pilgrim nuclear plant 38 miles southeast of Boston near Plymouth, Mass., bringing in workers from its other plants and contract workers to operate the 685-MW unit along with management officials.

Natural gas-fired generation enjoyed a competitive advantage through this past winter and spring as historically low prices for the commodity combined with mild weather and relatively light demand to turn the dispatch stack on its head and favor gas over coal. That advantage is narrowing as summer demand approaches. A senior market analyst with Bentek Energy expects coal-fired generation to be advantaged at least until the fall shoulder season.

A three-judge panel of the U.S. Court of Appeals for the District of Columbia, Circuit ruled unanimously on Friday that the Nuclear Regulatory Commission (NRC) erred in deciding that spent nuclear fuel (SNF) from the nation’s power plants could be stored as long as 60 years after a plant’s operating license expires.

Duke Energy and Progress Energy received conditional approval for their merger from the Federal Energy Regulatory Commission (FERC) on June 8. The companies plan to close their merger, which would create the nationís largest utility, by the targeted date of July 1.

Mayors of more than 90 U.S. cities have signed a letter to Environmental Protection Agency (EPA) Administrator Lisa Jackson voicing their support for the recent EPA Mercury and Air Toxics Standards for Power Plants (MATS).

All indications from Wednesday’s Senate Environment and Public Works Committee joint hearing are that Dr. Alison Macfarlane will been confirmed as the new chair of the Nuclear Regulatory Commission (NRC) and that Commissioner Kristine Svinicki will be approved for a second term. Macfarlane, a nuclear waste expert who served on the White House’s Blue Ribbon Commission on Americaís Nuclear Future, was nominated by President Barack Obama last month after Chairman Gregory Jaczko, whose leadership style was described by commissioners from both political parties as abusive, resigned May 21.

A report released on Friday by consultants at the Brattle Group concludes that tripling peak wholesale power prices in Texas (from $3,000/MWh to $9,000/MWh by 2015), as is being considered by Texas utility commissioners and grid operators to encourage power plant construction in the power-strapped state, would only raise the region’s reserve margin to 10% above peak demand—less than the 13.75% reserve margin recommended by federal regulators.

Nearly three-quarters of the 74 transmission line outages were caused by fallen trees during a snowstorm that hit the Northeast in October 2011 and shut off the lights for more than 3.2 million homes and businesses, concludes a report released jointly by the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corp. (NERC).