POWERnews
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News
Dominion Looks to Retire 738-MW Salem Harbor Plant by 2014
Dominion Energy last week told ISO New England, the power grid operator for six New England states, that it could shutter its 60-year-old 738-MW Salem Harbor coal- and oil-fired power plant in Massachusetts by June 2014 to avoid retrofitting the facility with expensive pollution controls required by federal environmental regulations.
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States Sue NRC over Temporary Nuclear Waste Rules
Connecticut, New York, and Vermont are suing the Nuclear Regulatory Commission (NRC), challenging a recently effected rule that makes it legal to store used nuclear fuel on-site for up to 60 years after a plant shutdown.
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Ontario Bans Offshore Wind Projects
Ontario on Friday said it would not approve or accept any new offshore wind projects until more scientific research has been done on the installation of turbines in freshwater lakes.
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Texas Blackout Hearings Begin
No initial evidence had been found that the Texas power market had been manipulated when grid operator the Electric Reliability Council of Texas (ERCOT) on Feb. 2 ordered rolling blackouts, but investigations would continue, Texas regulators told legislators on Tuesday. The blackouts were necessary as some 82 power plants—out of 550 on the grid—went down for various reasons while freezing temperatures caused a record-breaking demand spike, ERCOT said.
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JEA Signs Option to Buy Power from Duke’s Proposed Lee Nuclear Plant
Jacksonville, Fla., municipal utility JEA last week signed an agreement with Duke Energy that gives it the option to buy up to 20% of the power generated by Duke Energy’s planned 2,234-MW Lee Nuclear Station when it becomes operational in 2021.
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Steam Pipe Rupture at Pa. Power Plant Injures 6
The rupture of a 6-inch steam pipe at Unit 1 of the 1,884-MW coal-fired Homer City Generating Station in Indiana County, Pa., last week tripped the unit and sent six workers to area hospitals with burns.
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PwC: Power Sector Mergers and Acquisition Increase Steadily in Q4 2010
The power sector saw steady, modest growth of merger and acquisition activity during the last three months of 2010, recently released analysis from PricewaterhouseCoopers (PwC) shows. The largest 25 announced deals decreased 37% in value, to $19.3 billion, compared to $30.8 billion in the fourth quarter of 2009, but financial buyers maintained investments in power deals in 2010 while corporate buyers continue to lead deal activity due to large amounts of cash to invest, PwC said.
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Nev. ON Line Project Gets DOE’s First Transmission Loan Guarantee
The Department of Energy (DOE) on Tuesday issued its first loan guarantee for a transmission project, committing $343 million to develop the One Nevada Transmission Line (ON Line) project. Jointly owned by Great Basin Transmission South and NV Energy, the proposed 500 kV AC transmission line is expected to carry 600 MW nearly 235 miles from Ely, Nev., to just north of Las Vegas.
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GE Hitachi Nuclear Energy, Lockheed Martin Sign Supply Chain Agreement
GE Hitachi Nuclear Energy (GEH) today announced it has signed an agreement with Lockheed Martin. The two U.S.-based companies will join forces to design and build what they say will be the world’s most advanced digital control systems and nuclear reactors.
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FY 2012 Budget Ramps Up Spending for Renewables, Nuclear
President Obama’s $29.5 billion Department of Energy (DOE) budget for fiscal year (FY) 2012 increases priority for renewable and nuclear energy technology research while cutting subsidies to fossil fuel energy. It also calls for a $1.3 billion cut to the Environmental Protection Agency (EPA).