Michele Kearney's Nuclear Wire

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

Tuesday, August 25, 2015

Power Engineering ENewsletter 8/25

Top Stories
Southern buying AGL Resources for about $7.93 billion
Southern Co. is buying AGL Resources Inc. for approximately $7.93 billion, which would create the second-biggest utility company in the U.S. by customer base.
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PJM increases payments to power plants, seeks to avoid grid blackouts
In an effort to avoid blackouts, PJM Interconnection, the nation’s largest grid, will increase payments to power generators by 37 percent.
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GE's gas turbine surpasses 75 million operating hours
GE said that its LM2500 aeroderivative gas turbine reached a milestone of 75 million combined operating hours.
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Three Exelon nuclear power plants do not clear PJM auction
Exelon said three of its nuclear power plants did not clear the PJM capacity auction for the 2018-19 planning year.
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Industry News
Nuclear power unit's generating capacity increase delayed
Kyushu Electric Power Co. said it will delay increases in output at the Sendai nuclear power plant Unit 1 after workers found issues with the cooling system.
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Natural gas-fired power project clears PJM auction
PSEG Power said that its planned 540-MW natural gas-fired combined-cycle power plant cleared PJM’s Reliability Pricing Model Base Residual Auction.
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Construction on Paks nuclear power plant begins
The Pakistani prime minister inaugurated construction on a 1,100-MW nuclear power plant in Pakistan expected to cost $10 billion.
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Local officials blame feds for delay in nuke dump reopening
Making claims that have been drawing sharp criticism, the federal government said this week that an underground nuclear waste repository in southern New Mexico can't reopen because of safety concerns and equipment setbacks.
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Industry Trends
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 August 19 , 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 August 15.
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