Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’

Credit to Author: Sonal Patel| Date: Thu, 24 Oct 2019 14:32:17 +0000

The post Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’ appeared first on POWER Magazine.

Eskom, South Africa’s state-owned utility that produces nearly 90% of the African powerhouse’s electricity, is saddled with liabilities, unavoidable expenses, and stranded costs that exceed $113 billion, and for various reasons, it is “fundamentally insolvent, permanently impaired, and will never be a true going concern enterprise under its current legal, operational, and governance structure,” concludes […]

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FERC Backs First Compliance Filings on Energy Storage Rule

Credit to Author: Darrell Proctor| Date: Thu, 17 Oct 2019 20:56:57 +0000

The post FERC Backs First Compliance Filings on Energy Storage Rule appeared first on POWER Magazine.

The energy storage market received a boost Oct. 17 when the Federal Energy Regulatory Commission (FERC) approved the first two compliance filings implementing Order 841, a rule the commission said is designed to eliminate market barriers to electricity storage. Order 841 was enacted in February 2018. The measure directs regional power grid operators to establish […]

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Small Modular Reactors Have High-Level Support

Credit to Author: Aaron Larson| Date: Thu, 17 Oct 2019 13:03:58 +0000

The post Small Modular Reactors Have High-Level Support appeared first on POWER Magazine.

U.S. Department of Energy (DOE) Secretary Rick Perry is headed to Brussels, Belgium, to promote small modular reactor (SMR) concepts to European Union (EU) prospects. Perry will be a featured speaker during the “1st U.S.-EU High-Level Industrial Forum on Small Modular Reactors,” which will be held Oct. 21. “The U.S. and the EU share a […]

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Exelon Utilities’ CEO Retires as Federal Investigation Continues

Credit to Author: Darrell Proctor| Date: Tue, 15 Oct 2019 23:35:34 +0000

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The CEO of major U.S. energy company Exelon Utilities retired on Oct. 15, leaving the company as federal officials investigate Exelon’s lobbying activities the Illinois State Capitol. The retirement of Anne Pramaggiore, 61, who became CEO of Exelon Utilities in 2018, comes less than a week after Exelon subsidiary Commonwealth Edison (ComEd), Illinois’ largest utility, […]

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Judge: Court Will Consider Rival Proposal for PG&E Reorganization

Credit to Author: Darrell Proctor| Date: Thu, 10 Oct 2019 01:00:21 +0000

The post Judge: Court Will Consider Rival Proposal for PG&E Reorganization appeared first on POWER Magazine.

A federal bankruptcy judge on Oct. 9 ruled that Pacific Gas & Electric (PG&E), California’s largest utility, does not have the sole right to determine the terms of its reorganization. Judge Dennis Montali said those who support a rival proposal, which was devised by a group of the utility’s creditors, can have their plan considered. […]

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What’s Driving the Rise of Behind-the-Meter Distributed Energy Resources

Credit to Author: POWER| Date: Tue, 01 Oct 2019 00:00:00 +0000

The post What’s Driving the Rise of Behind-the-Meter Distributed Energy Resources appeared first on POWER Magazine.

A substantial shift in implementation of distributed energy resources (DERs) is on the horizon with the collision of new technologies and higher energy demand. Innovation is spawning an abundance of potential

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Investing in African Energy—Weighing Risks and Rewards

Credit to Author: POWER| Date: Tue, 01 Oct 2019 00:00:00 +0000

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Foreign energy companies are investing in Africa as that continent builds out its power generation infrastructure. But there are risks to those investments, as some governments—Angola, Tanzania, and Libya

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Removing Asbestos and Regulated Materials Key to Power Plant Decommissioning

Credit to Author: POWER| Date: Tue, 01 Oct 2019 00:00:00 +0000

The post Removing Asbestos and Regulated Materials Key to Power Plant Decommissioning appeared first on POWER Magazine.

Retiring and decommissioning coal power plants is becoming a more-frequent occurrence around the world. The job comes with many challenges, but projects in the U.S. and UK have proven that remediation and

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The POWER Interview: SEPA’s Julia Hamm Talks Solar Pathways

Credit to Author: Darrell Proctor| Date: Tue, 24 Sep 2019 15:03:46 +0000

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The Smart Electric Power Alliance (SEPA) is meeting this week in Salt Lake City, Utah, joining with the Solar Energy Industries Association (SEIA) to present North America Smart Energy Week, which this year includes both the long-running Solar Power International gathering along with Energy Storage International. A big theme this week is the integration of […]

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FERC GOP Majority Flexes Partisan Muscles for PURPA Reform

Credit to Author: Sonal Patel| Date: Thu, 19 Sep 2019 16:57:41 +0000

The post FERC GOP Majority Flexes Partisan Muscles for PURPA Reform appeared first on POWER Magazine.

The newly empowered Republican majority on the Federal Energy Regulatory Commission (FERC) flexed its administrative muscles Sept. 19 at its regular monthly meeting, voting 2–1 to issue a notice of proposed rulemaking (NOPR) to reform rules pertaining to the Public Utility Regulatory Policies Act (PURPA). It was FERC’s first public meeting since July, when the […]

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