Energy Storage Resources: A Year in Review

Credit to Author: POWER| Date: Wed, 02 Jan 2019 04:59:00 +0000

From both a regulatory and development perspective, 2018 was a significant year for the expansion of energy storage resources (ESRs). From a significant ruling of the Federal Energy Regulatory Commission

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EPA: Mercury Rules for Coal, Oil Power Units Not ‘Appropriate and Necessary’

Credit to Author: Sonal Patel| Date: Fri, 28 Dec 2018 22:08:55 +0000

Because compliance costs to coal- and oil-fired power plants for the Mercury and Air Toxics Standards (MATS) far exceed quantifiable benefits to regulating hazardous air pollutant (HAP) emissions, the Trump administration has proposed it is not “appropriate and necessary” to regulate HAP emissions from power plants under Section 112 of the Clean Air Act (CAA), […]

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Despite Financial Hurdles, Utility Capital Spending to Remain Elevated

Credit to Author: Sonal Patel| Date: Thu, 27 Dec 2018 16:34:36 +0000

Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting measures, and on renewables and environmental projects, said Moody’s Investors Service in a recent sectoral briefing.  The credit ratings agency for the first time this […]

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Bipartisan Nuclear Modernization Bill Clears Congress

Credit to Author: Sonal Patel| Date: Thu, 27 Dec 2018 14:24:36 +0000

A bipartisan bill to modernize regulation of the nation’s nuclear power fleet passed in the U.S. Senate on Dec. 20 and the House on Dec. 21 without much opposition. It now heads to President Trump.   S.512, better known as the Nuclear Energy Innovation and Modernization Act (NEIMA), seeks to provide a program to develop […]

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NV Energy Accelerates Retirement of One of Nevada’s Last Coal Units

Credit to Author: Sonal Patel| Date: Thu, 27 Dec 2018 12:57:34 +0000

NV Energy plans to retire a 254-MW coal-fired unit in a power-constrained region of Nevada at the end of 2021, four years ahead of schedule. The company will instead purchase 1,001 MW from new solar photovoltaic projects equipped with 100 MW of long-term battery storage, effectively doubling its total renewable generation from 14% in 2017 […]

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Finnish Nuclear Plant Start-up Delayed Again

Credit to Author: Darrell Proctor| Date: Wed, 26 Dec 2018 23:24:47 +0000

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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Key Power Industry Conferences and Trade Shows to Think About in 2019

Credit to Author: Sonal Patel| Date: Wed, 19 Dec 2018 14:38:05 +0000

Conferences and exhibitions are a valuable way for power professionals to share ideas and network, gain up-to-date training, further education, understand regulatory or policy changes, and access the latest products and technologies. POWER‘s editors compiled this helpful list of events in 2019 that cater to the power industry.  FEBRUARY ARC Industry Forum February 4-7 Orlando, […]

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Regulators Back Dominion Takeover of SCANA

Credit to Author: Darrell Proctor| Date: Mon, 17 Dec 2018 19:53:02 +0000

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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Amid Broad Legal Challenges, EPA Proposes Narrower Definition of WOTUS

Credit to Author: Sonal Patel| Date: Thu, 13 Dec 2018 14:24:48 +0000

In a move widely applauded by the power industry, the Environmental Protection Agency (EPA) and Department of the Army proposed a new definition of “waters of the U.S.” (WOTUS) that could exempt groundwater and ditches from regulation under the Clean Water Act (CWA).  The measures follow other recent significant regulatory actions by the agency. On […]

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FERC Follows Up on Tax Reform Response

Credit to Author: Darrell Proctor| Date: Mon, 10 Dec 2018 16:39:34 +0000

The Federal Energy Regulatory Commission (FERC, the Commission) took several actions in November to address impacts from the Tax Cuts and Jobs Act (the Tax Act). FERC had previously issued a Notice of Inquiry seeking comments on how to address the impact of the Tax Act’s reduction in the corporate federal income tax (FIT) rate […]

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