economics

A new report from a group that studies the impact of climate change on financial markets recommends that European Union (EU) governments move to phase out coal-fired power generation completely by 2030 in order to avoid even-greater economic damage. Carbon Tracker, a London, UK-based group supported by foundations in Europe and the U.S., on Oct. 24 […]

COMMENTARY At this point, one thing should be abundantly clear about the Trump administration’s theme on energy policy: the president will do whatever it takes to prop up coal, even if the market and the public choose otherwise. The Trump administration’s latest pro-coal gambit is the Environmental Protection Agency’s (EPA’s) so-called Affordable Clean Energy rule, […]

Fast neutron reactor systems have the potential to extract 60 times more energy from uranium compared to existing thermal reactors, and they contribute to a significant reduction in the burden of radioactive

To propel interest and bolster development of advanced nuclear reactor designs, the Department of Energy (DOE) will demonstrate—by October 2020—the production of high assay low enriched uranium (HALEU) fuel in a first-of-its-kind $115 million project at the agency’s uranium enrichment facility in Piketon, Ohio.  HALEU is nuclear fuel that is enriched to a higher degree […]

Operators of the Columbia Generating Station have set a new generation record at the nuclear plant 12 miles north of Richland, Wash., sending more than 9.7 million MWh to the Pacific Northwest power grid during 2018.  The single 1,207-MW single GE-built Mark-2 boiling water reactor that is owned and operated by Energy Northwest—which comprises 26 […]

Baby boomers are retiring, unemployment is low, skilled craft workers are in short supply, and human resources in the workforce are a growing issue for power industry management. “Demography is destiny.”

The Netherlands, a country that recently commissioned three state-of-the-art coal plants and has been reluctant to close them, on October 10 moved to phase out coal power by 2030. Meanwhile, the UK and Canada this week jointly urged other nations to drop coal from their power profiles. The countries are part of a growing list […]

A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price environment” will force it to retire a 1.9-GW coal-fired power plant operating in the Texas market. The plant’s economic woes suggest a larger swath of […]

The Department of Energy’s (DOE’s) new grid study is based on analyses of federal government data collected between 2002 and 2017, a period it notes fostered critical developments in the nation’s power sector. Here are some of report’s most thought-provoking charts. [gss ids=”109885,109881,109883,109877,109865,109867,109869,109875,109873,109871″] For an in-depth analysis about the DOE’s grid study, see: DOE Grid Study Points Finger […]

The utility owners of the Navajo Generating Station (NGS) in Arizona have voted to shut down the 2,250-MW coal-fired power plant in December 2019. The decision to close the plant on tribal land near Page along the border with Utah was based on the “rapidly changing economics of the energy industry,” which has seen natural […]