Can nuclear succeed in liberalized power markets? There are 69 reactors under construction today – the largest number in 25 years – but only one is in a liberalized electricity market, writes Edward Kee. In the USA, two nuclear power plants operating in liberalized electricity markets recently closed for financial reasons. Other operating nuclear power … Continue reading Can nuclear succeed in liberalized power markets?
Last Tango for Nuclear? The U.S. nuclear power industry’s three-step: Revival, long goodbye or state-aided life support. As pressure to reduce climate-changing emissions grows, nuclear power is drawing growing attention — for better or worse. In this piece, the first of a series of three originally published at Environmental Health News with funding from the … Continue reading Last Tango for Nuclear?
Southern Co. expects the firms building its new nuclear plant in Georgia will pay $240 million in damages if the construction schedule slips another year-and-a-half, power company CEO Thomas Fanning said Wednesday. Those payments from Westinghouse Electric Co. and Chicago Bridge & Iron Co. would offset roughly a third of the costs Southern Co. could … Continue reading Vogtle owner wants contractors to pay
Energy Policy Director: Wind Energy isn’t Cheap and Alone Can’t Meet Our Needs According to Steve Transeth, senior policy director for the Michigan Jobs & Energy Coalition, the general public has some “major” misconceptions about wind energy – particularly about its costs and adequacy. “It sounds good,” Transeth said at a meeting held by the … Continue reading Energy Policy Director: Wind Energy isn’t Cheap and Alone Can’t Meet Our Needs
Coalition urges Illinois to boost energy goals If Illinois wants to meet President Barack Obama’s mandate to curb carbon dioxide pollution by 30 percent by 2030, it should invest heavily in energy efficiency and renewable energy. That was the message Wednesday at a news conference organized by a coalition of labor, business and environmental groups … Continue reading Coalition urges Illinois to boost energy goals
Report: Wind and solar energy have tripled since 2008 We worry a lot about the problem of climate change. And we try to fix it — again, again and again — by changing how the country uses energy. What we don’t stop and ponder enough, though, is that the country is changing how it uses … Continue reading Report: Wind and solar energy have tripled since 2008
Intercontinental Exchange Reports Record Fourth Quarter 2014 Adjusted EPS from Continuing Operations of $2.59, +30% year over year; Record Full Year 2014 Adjusted EPS from Continuing Operations of $9.63, +15% year over year Intercontinental Exchange (ICE), the leading global network of exchanges and clearing houses, today reported record financial results for the fourth quarter and … Continue reading Intercontinental Exchange Reports Record Fourth Quarter 2014 Adjusted EPS from Continuing Operations of $2.59, +30% year over year; Record Full Year 2014 Adjusted EPS from Continuing Operations of $9.63, +15% year over year
East Kentucky Power ordered to credit $8.5 million The Public Service Commission ruled Friday that East Kentucky Power Cooperative credit it’s members $8.5 million in disallowed power costs. Read full article at Journal Times
W. Chester brothers accuse FERC in $30M energy-trading fight Trades and rebates collected by an energy-trading fund controlled by two West Chester brothers “cost more than 20 market participants at least $100,000 each,” with “Exelon, American Electric Power and Dominion Resources each losing more than $1 million,” the power-markets industry newsletter RTO Insider reports here, … Continue reading W. Chester brothers accuse FERC in $30M energy-trading fight
FERC Approves PJM Energy Offer Cap Increase For 2014/2015 Winter On January 16, 2015, FERC approved PJM Interconnection LLC’s (“PJM”) request to raise its cap on cost-based energy offers from $1,000/MWh to $1,800/MWh for the winter season. According to PJM, the increase is designed to ensure that generators can recover all their costs in the … Continue reading FERC Approves PJM Energy Offer Cap Increase For 2014/2015 Winter
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