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  1. Exelon: Two Illinois Nuclear Plants May Close if Legislation Not Passed

    Exelon Corp. (NYSE: EXC) said it may close two of its Illinois nuclear power plants if legislation is not passed that would provide funding and support for nuclear and solar power . The utility said if the state does not pass “adequate” legislation by the end of the month, it could shut down the Clinton and Quad Cities plants. Exelon said Quad Cities also needs to pass an annual capacity auction for the 2019-2020 timeframe. If neither of these conditions are met, Exelon said Clinton will close on June 1, 2017, and Quad Cities will shut down a year later. “Losing these nuclear plants would not only jeopardize reliability of the grid, but it would make it nearly impossible to meet out nation’s goals to reduce carbon emissions,” said William Von Hoene Jr., senior executive vice president and chief strategy officer for Exelon. “Unfortunately, current energy policies do not fairly compensate nuclear energy for its reliability and zero-carbon benefits.” The plan calls for a shift to a Zero Emission Standard focused specifically on at-risk nuclear plants. The standard would address stakeholder concerns by requiring full review of plants’ costs by state regulators and ensuring that only those plants that can demonstrate that revenues are insufficient to cover their costs and operating risk will be entitled to receive compensation. The Next Generation Energy Plan also calls for $140 million in new funding for solar development and a new solar rebate. “These closures would be felt acutely by the state, and would jeopardize its standing as a clean energy leader given that Illinois’ nuclear plants provide 92 percent of the state’s carbon-free electricity,” said Nuclear Matters co-chair and former Senator Evan Bayh (D-IN). “Illinois faces a significant carbon reduction goal as part of the Clean Power Plan. The premature retirement of Clinton and Quad Cities would mean that these goals will be nearly impossible to meet.” Marv Fertel, president and CEO of the Nuclear Energy Institute, said Illinois cannot afford to lose more power generating sources with the recent announcement from Dynegy that it will shut down 30 percent of power generation in southern Illinois. “In addition to putting Illinois’ clean air goals in jeopardy, the state likely will face long-term reliability challenges. Considering that Dynegy announced on May 3 that it will close 1,835 megawatts of coal generation in southern Illinois with another 500 megawatts targeted for shutdown, the state cannot afford to lose another 2,900 megawatts of baseload generation,” Fertel said. Fertel and Bayh both said Exelon’s announcement should “foster a sense of urgency” among policymakers to preserve the plants. Subscribe to Nuclear Power International magazine

    Online Articles

    Online Articles

    Fri, 6 May 2016

  2. Natural gas expected to surpass coal in mix of fuel used for U.S. power generation in 2016

    For decades, coal has been the dominant energy source for generating electricity in the U.S. EIA is now forecasting that 2016 will be the first year that natural gas-fired generation exceeds coal generation in the United States on an annual basis. 

    Online Articles

    Online Articles

    Wed, 16 Mar 2016

  3. HG&T receives funds to upgrade Massachusetts' 30-MW Hadley hydropower plant

    A $1 million grant from the Massachusetts Department of Energy Resources will allow the City of Holyoke to rehabilitate a generating unit at its 30-MW Hadley Falls hydropower plant.

    Online Articles

    Online Articles

    Wed, 16 Mar 2016

  4. L-3 Mapps to Help in Darlington Nuclear Plant Refurbishment Project

    L-3 Mapps will contribute computers for the refurbishment project at the Darlington nuclear power plant in Ontario, Canada.

    Online Articles

    Online Articles

    Thu, 10 Mar 2016

  1. With coal and gas down, West Virginia faces budget quandary

    Online Articles

    Online Articles

    Mon, 7 Mar 2016

  2. North Carolina reverses safety warning on well water near Duke ash dumps

    North Carolina is reversing warnings about water that health officials said was too polluted to drink and now reassuring residents who live near pits that hold waste from decades of burning coal for electric power that their well water is safe

    Online Articles

    Online Articles

    Fri, 18 Mar 2016

  3. Natural gas to coal generation plans scrapped by NRG

    Louisiana Generating, a subsidiary of NRG Energy has scrapped plans to convert its 230 MW Big Cajun I natural gas-fired power plant to coal generation .

    Online Articles

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    Thu, 12 Apr 2012

  4. Duke to purchase NCEMPA nuclear, coal generation assets

    Duke Energy Progress to purchase the North Carolina Eastern Municipal Agency's ownership in certain nuclear and coal generating assets representing approximately 700 MW of capacity.

    Online Articles

    Online Articles

    Mon, 28 Jul 2014

  5. ITC: Transmission a must for EPA Clean Power Plan to work

    The Clean Power Plan is purported to be a game-changer for the industry with large changes in generation portfolios

    Online Articles

    Online Articles

    Wed, 23 Dec 2015

  6. A View of Canadian Hydroelectric Generation Markets

    Canada has immense natural resources with which to produce hydroelectric energy and this article provides an overview of the Canadian hydropower marketplace and where it is headed. 

    Online Articles

    Online Articles

    Fri, 29 Jan 2016

  7. Clean Power Plan ruling bad credit news for coal states, says Moody’s

    The denial is credit negative for big coal-fired generators such as NRG Energy 

    Online Articles

    Online Articles

    Tue, 26 Jan 2016

  8. Navajo seeks to be part owner of coal-fired power plant

    The Navajo Nation is pursuing an ownership stake in a coal-fired power plant in New Mexico as many utilities are divesting from the energy source.

    Online Articles

    Online Articles

    Mon, 28 Dec 2015

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