POWERnews

Completion of the Tennessee Valley Authority’s (TVA’s) second Watts Bar reactor will cost nearly double the $2.49 billion price estimated in 2007 and take much longer than the projected 60-month completion timeframe, a construction review undertaken by the federally owned corporation has revealed. TVA management pointed to mismanagement and faulty execution as reasons for the discrepancy.

Under a settlement agreement reached between environmental groups on Tuesday and Power4Georgians, the consortium of four electric membership cooperatives (EMCs) in Georgia will continue development of its $2.1 billion coal-fired Plant Washington but will shelve plans for its proposed 850-MW supercritical Ben Hill plant.

Oklahoma’s Attorney General Scott Pruitt last week filed a motion with a federal appeals court on behalf of the state, Oklahoma’s largest generator Oklahoma Gas & Electric (OG&E), and Oklahoma Industrial Energy Consumers to stay the Environmental Protection Agency’s (EPA’s) regional haze rule.

A new joint venture between American Electric Power (AEP) and Kansas City–based Great Plains Energy seeks to reap advantages from the Federal Energy Regulatory Commission’s (FERC’s) Order 1000 and develop competitive transmission projects in the PJM Interconnection, Southwest Power Pool (SPP), and Midwest ISO transmission regions.

U.S. Energy Secretary Steven Chu on Wednesday announced a $30 million research competition intended to improve the performance and safety of energy storage devices, including hybrid energy storage modules being developed by the Department of Defense for military applications.

A report released by the Electric Power Research Institute (EPRI) on Tuesday examining the underlying technical factors leading to the loss of critical systems at the Fukushima Daiichi reactors concludes parameters set for tsunami flood protection were inadequate and that this led to the eventual loss of all practical cooling paths for the reactors.

China’s state-owned China National Nuclear Corp. (CNNC) on Monday announced it had fully completed and commissioned the fourth unit of the Qinshan Nuclear Power Phase II expansion nearly 60 days ahead of schedule.  The domestically engineered unit is China’s 15th operating nuclear power reactor.

A rare presidential directive issued on Tuesday by India’s government orders national coal supplier Coal India to sign fuel supply agreements (FSAs) with power producers, imposing penalties if supplies dip below 80% of the commitments. The directive responds to concerns from the nation’s coal generators, which say chronic coal shortages are stalling plans to build new plants.

Plunging prices for solar panels, overcapacity, and a recent, substantial slash of government subsidies for solar power in Germany have prompted a rash of major solar firms to declare bankruptcy. Solar Millennium AG’s U.S. subsidiaries—including Solar Trust of America—filed for Chapter 11 insolvency proceedings in a concerted action on Monday, while giant solar cell–maker Q-Cells filed for insolvency in a German court.

In a 4-1 vote, the Nuclear Regulatory Commission (NRC) on Friday approved an application for two combined construction and operating licenses (COLs) for new Generation III+ reactors at V.C. Summer Station in Jenkinsville, S.C. The project has been proposed by South Carolina Electric & Gas Co. (SCE&G), principal subsidiary of SCANA Corp., and Santee Cooper, South Carolina’s state-owned electric and water utility.