Vogtle Nuclear Project Survives due to Utility Agreements The effort to build the first new nuclear reactors in the U.S. in the past three decades will tarry on, as the final two of four project co-owners approved continuing work this week. Oglethorpe Power of Georgia gave its conflicted blessing this week, joining Georgia Power, Municipal … Continue reading Vogtle Nuclear Project Survives due to Utility Agreements→
Power plant more than 60 percent complete The sale of Canal Unit III next to Sandwich Marina and the massive industrial-scale construction project is a mere six days behind schedule, and the project is 62 percent complete, selectmen were told September 27. The NRG Canal utility sold the unit under construction to the Stonepeak Infrastructure … Continue reading Power plant more than 60 percent complete→
How General Electric Can Build a Renewable Energy Powerhouse General Electric (NYSE:GE) is facing a number of challenges, but its biggest may be turning around an energy business that can’t seem to overcome a slowing fossil fuel power generation market. The $35 billion power business, which includes building and maintaining fossil fuel power plants, shrunk … Continue reading How #General_Electric Can Build a Renewable Energy Powerhouse→
Impact of electric vehicles in oil and gas industry As charging technology for electric vehicles (EVs) gradually takes reins from the internal combustion engine as the king of the road in the rapidly evolving energy landscape, oil and gas companies are acknowledging the rise of EVs, observes leading data and analytics company GlobalData Digitisation and … Continue reading Impact of electric vehicles in oil and gas industry→
Virginia could be ‘offshore wind giant’ More than 250 local businesses and offshore wind experts met last week to discuss Virginia’s emerging role in the US offshore wind industry, positioning it as the south’s first ‘offshore wind giant.’ The Business Network for Offshore Wind, along with the Sierra Club Virginia Chapter, served as hosts for … Continue reading #Virginia could be ‘offshore wind giant’→
Southern Is Said to Be Near Pact to Continue Building Nuke Southern Co. is nearing an agreement with Oglethorpe Power Corp. and two other companies to continue working on the only nuclear power plant under construction in the U.S., according to people familiar with the matter. Southern and its partners are trying to agree on … Continue reading Southern Is Said to Be Near Pact to Continue Building Nuke→
DOE urges Vogtle nuke owners to complete project ahead of Monday vote Monday’s vote on the Vogtle project could mark the end for the troubled plant expansion, but the DOE’s correspondence makes clear the stakes are bigger than a single generation project. In letters released late Friday, DOE said it understands that the choice to … Continue reading DOE urges Vogtle nuke owners to complete project ahead of Monday vote→
Doubling Down – with Other People’s Money UPDATED: How Two Traders Linked to 2013 Scandal Left Members Holding the Bag for Millions Imagine a casino where you could produce $548 million in paper profits — or $100 million in losses — with only $600,000 of collateral. That’s essentially what Andrew Kittell and John Bartholomew saw … Continue reading Doubling Down – with Other People’s Money→
Michigan utilities upgrade pumped storage plant ahead of renewable push he Ludington Pumped Storage Plant along Lake Michigan could play a bigger role on the grid as utilities use more variable renewables. Concealed under a grassy slope, water pours through a set of massive chutes, pummeling a bank of underground turbines before spilling into Lake … Continue reading #Michigan utilities upgrade pumped storage plant ahead of renewable push→
Renault wants to build a 60 MWh energy storage system with used electric car battery packs Renault is launching today a new “Advanced Battery Storage” program today. With the program, the French automaker is aiming to build “the biggest energy stationary storage system using EV batteries ever designed in Europe by 2020.” While several automakers … Continue reading #Renault wants to build a 60 MWh energy storage system with used electric car battery packs→
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