Tuesday, July 21, 2015

Power Engineering ENewsletter Top Stories 7/20


Top Stories
http://www.power-eng.com/articles/2015/07/calpine-to-acquire-champion-energy-marketing.html?cmpid=enl-poe-weekly-july-21-2015
Calpine to acquire Champion Energy Marketing
Calpine Corporation (NYSE: CPN) announced today that it will purchase Champion Energy Marketing LLC, one of the nation’s leading retail electric providers, for $240 million, subject to working capital adjustments.
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Entergy Texas gives up on effort to buy one of Union Power’s gas units
Entergy (NYSE: ETR) said July 17 that its Texas utility was giving up on plans to purchase a 495-MW natural gas generating unit at the Union Power station near El Dorado, Ark., and instead the unit will be bought by an Entergy affiliate in Louisiana.
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Duke begins construction on fourth major solar facility in N.C.
Duke Energy (NYSE: DUK) has begun construction on a new solar facility at the Marine Corps Base Camp Lejeune in Onslow County, N.C. The 13-megawatt (MW) project is Duke Energy's first solar facility at a military base. Covering 100 acres, the facility is the largest solar installation on a military base in North Carolina. It will be owned and operated by Duke Energy Progress and is expected to be online in 2015.
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SunEdison to purchase Vivint Solar for $2.2B
SunEdison (NYSE: SUNE) unit TerraForm Power (Nasdaq: TERP) said it would buy Vivint Solar (NYSE: VSLR) for $2.2 billion.
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Industry News
Mississippi Power seeking PSC approval for Kemper cost recovery move
Southern (NYSE: SO) utility subsidiary Mississippi Power has asked the Mississippi Public Service Commission for interim rates, subject to refund, connected with deployment of the coal gasification power plant being developed in Kemper County, Miss.
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Roberson nominated for NRC commissioner position
President Obama nominated Jessie Hill Roberson as a commissioner of the U.S. Nuclear Regulatory Commission (NRC).
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GE finalizes 17th HA gas turbine order
General Electric (GE, NYSE: GE) has announced the 17th order of its HA gas turbine technology. The 7HA.02 gas turbine and associate clutched steam turbine will be installed at a combined-cycle power plant owned by GS Power in Anyang, Korea.
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Southwestern Public Service gets New Mexico staff support on 70-MW solar contracts
Staff members of the New Mexico Public Regulation Commission filed July 10 testimony on an April 2 application from Southwestern Public Service for approval of two long-term power contracts with two NextEra Energy Resources (NYSE: NEE) solar projects of 70 MW apiece.
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Henry Hub Average Natural Gas Spot Prices
The Henry Hub is the pricing point for natural gas futures contracts. Here's a look at how prices have changed up to July 15, 2015.
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Federal Reserve Bank of Dallas' Economic Indicators
The Federal Reserve Bank of Dallas offers a glimpse into how the markets are doing domestically and internationally.
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EIA’s Weekly Coal Production Report
The U.S. Energy Information Administration has released its coal production report for the week ending July 11.
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