More Power Industry Financial News

S. Africa court dismisses Westinghouse nuclear generator replacement dispute

03/27/2015

A South African court dismissed a filing from Westinghouse Electric Co. asking to reopen bidding for a nuclear power generator replacement project.

IAEA urges India to tighten nuclear safety regulations

03/27/2015

The International Atomic Energy Agency (IAEA) is pressing India to tighten its nuclear safety regulations more by making its nuclear power watchdog independent and allowing more outside inspections.

Low carbon standard passes Ill. Senate committee

03/27/2015

An Illinois Senate committee passed a bill that would establish a low carbon standard that would help the state’s nuclear power plants.

Russia to build two nuclear power reactors in Jordan for $10bn

03/27/2015

Russia signed a $10 billion deal to build Jordan’s first nuclear power plant.

Iowa top officials on opposites sides in EPA lawsuit

03/27/2015

Iowa's governor and attorney general were on opposite sides of a case argued Wednesday at the U.S. Supreme Court concerning new mercury and toxic air emissions standards for power plants.

San Diego considers hydropower project

03/27/2015

The city of San Diego and San Diego County Water Authority are considering the construction of a hydroelectric power plant in the San Vicente Reservoir, according to a report by KPBS Public Broadcasting.

Company gets 2nd chance for wind testing in Lincoln County

03/27/2015

An Aberdeen company that wants to test the wind capacity for a possible multimillion-dollar wind farm in Lincoln County is getting a second chance due to a technicality.

03/25 Henry Hub Average Natural Gas Spot Prices

03/26/2015

The Henry Hub is the pricing point for natural gas futures contracts traded on the New York Mercantile Exchange (NYMEX).

Westinghouse asked to take 49% share of Bulgaria nuclear power plant

03/26/2015

Bulgaria has asked Westinghouse Electric Co. to take up a 49 percent stake in the country’s nuclear power plant expansion project.

Dominion Va. Power proposes $1 bn, natural gas-fired power plant

03/26/2015

Dominion Virginia Power (NYSE: D) said the company is proposing to build a $1 billion, 1,600-MW natural gas-fired power plant in Greensville County.

Video: 9HA.01 Gas Turbine Testing Nears Completion

03/26/2015

In Monte Atwell’s world, opportunities are created when things break down. Over the last four months, Atwell and a team of engineers in Greenville, South Carolina, have been testing one of GE’s latest innovations – the 9HA.01 air-cooled gas turbine. The 866,000-pound machine promises to provide power producers the flexibility, efficiency and speed they need to accommodate the increasing use of intermittent wind and solar power.

Video: FPL launches new smart grid technology center

03/25/2015

Florida Power & Light Co. (FPL) unveiled its new Power Delivery Diagnostic Center — designed to advance smart grid technology — to manage the electric system more efficiently while delivering reliable service.

B&W lands $40M emission control contract for Colorado Springs Utilities

03/25/2015

Babcock & Wilcox Power Generation Group, Inc. (B&W PGG, NYSE: BWC) has been awarded a contract valued at $40.3 million by Colorado Springs Utilities (CSU) to engineer, procure, construct and commission an emissions control project for the Ray D. Nixon Power Plant, south of Colorado Springs.

Ankney proposes fees for companies that close coal plants

03/25/2015

A Republican senator has proposed fees be levied against companies that shut down coal-fired power plants in Montana.

EIA: California first state to generate 5% electricity from utility-scale solar power

03/25/2015

California has become the first state with more than 5 percent of its annual utility-scale electricity generation from solar power, according to EIA's Electric Power Monthly.

Natural gas CHP plant in Florida breaks ground

03/25/2015

Chesapeake Utilities Corp. (NYSE: CPK) broke ground on a $40 million combined heat and power plant in Florida.

House GOP wants to give states a break while the Clean Power Plan is fought out in court

03/25/2015

House Energy and Power Subcommittee Chairman Ed Whitfield, R-Ky., on March 23 unveiled a discussion draft of the Ratepayer Protection Act, which would empower states to not have to comply with the Clean Power Plan while inevitable lawsuits over it are fought out in court.

Entergy completes outage & overhaul at Indian Point 3 nuclear unit

03/25/2015

Entergy (NYSE: ETR) completed a $50 million overhaul and refueling outage at the Indian Point 3 nuclear power plant in New York.

Lawmakers say next year for renewable energy legislation

03/25/2015

Key Vermont lawmakers are saying that with about six weeks to go in the this year's Statehouse session, it's likely legislation to retool the way Vermont sites solar, wind and other renewable energy projects will take until next year to see action.

Justices to hear arguments over EPA mercury limits

03/25/2015

The Supreme Court is taking up a challenge by industry groups and Republican-led states that want to roll back Obama administration environmental rules aimed at reducing power plant emissions of mercury and other hazardous air pollutants that contribute to respiratory illnesses, birth defects and developmental problems in children.