nuclear
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News
Finnish Nuclear Plant Start-up Delayed Again
Another nuclear power project has been delayed, as the Fennovoima consortium and Russia’s state-run nuclear company Rosatom said the Hanhikivi 1 power plant’s projected start-up date has been pushed to 2028, four years behind the original schedule and eight years later than the proposed start when Finland’s government supported the project in 2010. The announcement […]
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News
Tianwan Unit 4 Latest Chinese Reactor to Come Online
Unit 4 of the Tianwan Nuclear Power Plant in China entered commercial operation this past weekend after completing commissioning. It began supplying power to the country’s national grid on Dec. 22. Tianwan NPP is the largest facility built with a Russian-Chinese framework of economic cooperation, with Units 1 through 4 based on the VVER-1000 reactor […]
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Commentary
Bailing Out Coal and Nuclear Plants Is Misguided
For decades the U.S. has relied on coal for much of its energy supply. States with abundant coal—Pennsylvania, West Virginia, Kentucky, and others—have towns and cities whose economies are driven by the coal industry. Now, as the coal industry declines and those areas struggle, the Trump administration wants to use taxpayer money to save coal […]
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News
POWER’s Top 10 Most-Read Stories from 2018
There’s never a dull moment in the power industry, and like most years, 2018 was filled with many interesting developments. As it has been for more than 135 years, POWER was there to break the news. The following 10 articles were the most-read online stories of the year. #10: New York Denies Air Permit for […]
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Connected Plant
Wood wins $66 million Sellafield control systems framework
Wood has won a contract to supply programmable digital control technologies to the Sellafield nuclear site in Cumbria, UK. The 10-year framework, worth $66 million, covers all stages of system design, manufacture and assembly of equipment, obsolescence management and maintenance support to project work and decommissioning carried out by Sellafield Ltd. The contract will help […]
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News
Regulators Back Dominion Takeover of SCANA
Dominion Energy’s bid to purchase SCANA Corp. and its South Carolina Electric & Gas (SCE&G) utility, approved by South Carolina regulators on Dec. 14, could bring some stability to SCANA. Shareholders hope that’s the case; they’re excited about swapping their devalued SCANA shares for more valuable Dominion stock. Workers, though, remain uncertain about their futures, […]
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News
Hitachi Acquires ABB Power Grids Business in $11 Billion Deal
Hitachi Ltd. and ABB on December 17 announced that Hitachi will acquire 80.1% of ABB’s Power Grids unit in an $11 billion deal. Reports of the possible acquisition surfaced December 16, with several media outlets including POWER discussing the agreement, citing sources familiar with the deal who asked not to be identified. Hitachi plans to […]
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News
ABB Nears Sale of Power Grids Division to Hitachi in $11 Billion Deal
Hitachi Ltd. and ABB could announce an $11 billion deal as soon as December 17 in which Hitachi will acquire 80% of ABB’s power grids unit. Reports of the possible deal surfaced December 16, with Bloomberg and others citing sources familiar with the agreement who asked not to be identified. Neither ABB nor Hitachi commented […]
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News
Senate Confirms McNamee as FERC Commissioner
The U.S. Senate on a 50-49 party-line vote December 6 confirmed Bernard McNamee to a seat on the five-member Federal Energy and Regulatory Commission (FERC), despite questions about his independence from the Trump administration and his previous comments in support of a bailout of coal and nuclear U.S. power plants at the expense of renewable […]
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News
Developer Sues TVA Over Cancellation of Bellefonte Deal
The real estate developer who has tried for more than two years to buy the assets of the canceled Bellefonte nuclear power plant project in Alabama has sued the Tennessee Valley Authority (TVA) after TVA last week pulled out of the deal to sell the plant. Attorneys for Franklin Haney, whose Nuclear Development LLC (NDLLC) […]