Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, March 3, 2015

Power Engineering's Top Stories 3/3/2015

Top Stories
Plant Vogtle nuclear reactors expected to cost $7.5bn
Georgia Power filed documents with the state of Georgia that said overruns at the Plant Vogtle expansion project are now pushing the price tag to more than $7.5 billion.
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Iberdrola to acquire UIL Holdings for $3Bn
Spain's leading electricity and natural gas utility, Iberdrola, says it will buy the northeastern U.S. utility company UIL Holdings Corp. in a deal valued at about $3 billion.
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Exelon proposes Low Carbon Portfolio Standard, touts importance of nuclear
Exelon and Illinois lawmakers filed legislation for a plan that would reduce carbon emissions, increase renewable energy and energy efficiency projects and continue operations of the state’s nuclear plants.
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Google invests $300Mn in SolarCity
Google Inc. is investing $300 million equity stake in a fund created by SolarCity Corp. to finance approximately 25,000 residential solar power projects.
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Industry News
Video: SunEdison to bring power to 20Mn people by 2020
SunEdison announced plans to bring electricity to 20 million people in underserved communities around the world.
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Indian Point nuclear Unit 3 down for $50mn refueling outage
The outage is expected to cost Entergy more than $50 million, including about $30 million on employee salaries.
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Ohio utility regulators reject AEP plan for coal plants
Ohio utility regulators have rejected an American Electric Power proposal to guarantee profitability from two of its aging coal plants.
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MS Power coal-to-gas conversion nearly complete
Mississippi Power, a subsidiary of Southern Co., said it plans to complete the conversion by April 16 at Plant Watson.
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