POWERnews

Entergy Corp.’s Vermont Yankee nuclear power plant hit another hurdle on Tuesday as the Vermont Electric Cooperative (VEC) rejected a 20-year power purchase contract at below market prices.

An annual report released on Tuesday by the U.S. Energy Information Administration (EIA) that assesses energy and technology market trends forecasts that if current laws and regulations remain unchanged, natural gas and renewables will see strong growth in the electricity sector. The report also suggests that expected regulations from the Environmental Protection Agency (EPA) will have an impact on the U.S. power sector, most notably on its fleet of coal-fired power plants.

The Canadian province of Saskatchewan on Tuesday approved construction of a C$1.24 billion project that will integrate and demonstrate carbon capture and storage (CCS) at an aging Boundary Dam Power Station unit near Estevan.

The nuclear crisis at Fukushima Daiichi could increase costs for existing and future nuclear power plants, increase scrutiny on relicensing procedures, and cause a reevaluation of the entire spent fuel management system, researchers from the Massachusetts Institute of Technology (MIT) said as they released a comprehensive report on the future of the nuclear fuel cycle.

Last week, lawmakers from Indiana approved a bill that could allow utilities to charge consumers costs incurred to extend the lives of nuclear reactors, and on Tuesday, Iowa legislators voted to begin the process of developing a new nuclear plant.

As much as 55% of Unit 1’s reactor core at the quake-stricken Fukushima Daiichi nuclear power plant is thought to be damaged; Unit 2’s core is estimated to be 35% damaged, as is 30% of Unit 3’s core, the Tokyo Electric Power Co. (TEPCO) said today. Seven weeks after the crisis began, the utility—which has also admitted damage of the spent fuel rods at Unit 4—continues all efforts to cool the affected reactors.

A Georgia administrative law judge has remanded an air permit for LS Power’s proposed 1,200-MW Longleaf coal-fired power plant to the state Environmental Protection Division (EPD). The judge found that the permit did not sufficiently limit pollution and ordered the regulatory body to amend the permit to include federally approved tests for five air pollutants.

NRG Energy, the majority owner and operator of the South Texas Project, on Tuesday said it was pulling its financial support for a multibillion-dollar project to build two new advanced boiler water reactors (ABWRs) at its nuclear plant in Matagorda County, Texas, because the  Japanese nuclear crisis had “diminished prospects” for that project.

The Tennessee Valley Authority (TVA) on Thursday said it would retire 18 older coal-fired units at three power plants starting next year as part of plans to idle or retire 2,700 MW of its 17,000 MW of coal-fired capacity by the end of 2017. The federally owned utility plans to replace the capacity with nuclear—proceeding with plans for Watts Bar Unit 2 and Bellefonte—as well as renewables, natural gas, and energy efficiency.

The Tokyo Electric Power Co. (TEPCO) unveiled a two-stage plan to put units at its quake and tsunami–crippled Fukushima Daiichi nuclear plant into cold shutdown within six to nine months, and the International Atomic Energy Agency (IAEA) said that if efforts go as planned, the amount of radiation may not increase.