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Power Sector Business News

NRC proposes $17,500 penalty against Kewaunee nuclear power plant

04/01/2015

The U.S. Nuclear Regulatory Commission (NRC) proposed a $17,500 fine against Dominion Energy Kewaunee Inc. (NYSE: D) for a security violation at the Kewaunee nuclear power plant in Wisconsin.

Turkey-Japan nuclear power plant agreement approved

04/01/2015

An international agreement to build a second nuclear power plant in Turkey was accepted by Parliament’s General Assembly.

Groups oppose call by New Mexico utility for higher rates

04/01/2015

A proposal by New Mexico's largest electric provider to raise its rates is running into opposition.

NH Electric Co-op, Liberty customers to see rate decrease

04/01/2015

PLYMOUTH, N.H. (AP) - New Hampshire Electric Cooperative and Liberty Utilities say customers will see their bills decrease, effective May 1.

DOE, US Army Corps extends MOU for Hydropower

04/01/2015

The Departments of Interior, the Department of Energy (DOE), and the U.S. Army Corps of Engineers Civil Works division have extended their Memorandum of Understanding for Hydropower for an additional five years.

Atlantic Power Corp. to sell wind energy portfolio for $350mn

04/01/2015

Atlantic Power Corp. (NYSE: AT) signed an agreement to sell its wind generation portfolio to TerraForm Power Inc. for $350 million.

General Compression, SustainX to merge as GCX Energy Storage

04/01/2015

General Compression and SustainX, both fuel-free compressed air energy storage (CAES) technology developers, have entered into a letter of intent to merge their businesses into a new entity, GCX Energy Storage.

Alliant subsidiary advances emissions projects at Iowa coal plants

04/01/2015

Interstate Power and Light (IPL), which is a subsidiary of Alliant Energy (NYSE: LNT), told the Iowa Utilities Board that it is undertaking a number of emissions-control projects for coal-fired capacity under its approved Emission Plan and Budget (EPB).

White paper explores idea of BLM imposing carbon tax on federal coal

04/01/2015

A just-released discussion paper from Resources for the Future (RFF), a Washington, D.C. think tank, floats the idea of imposing a carbon charge on coal extracted on federally-managed lands.

NRC grants nuclear license exemptions for Crystal River 3

04/01/2015

Duke Energy Florida (NYSE: DUK)’s request to alter the emergency preparedness plan for the Crystal River Unit 3 nuclear power plant in Florida was approved.

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