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10-year low for New England's electricity prices in 2012
Renew Grid    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Wholesale electricity prices in New England fell by nearly 23 per cent last year to their lowest levels since 2003, according to ISO New England, operator of the region's bulk power system and wholesale electricity markets. Preliminary figures show that year-over-year, the average price of wholesale electric energy fell 23 per cent in 2012. More

Paul Murphy retirement
Ontario Energy Association    Share    Share on FacebookTwitterShare on LinkedinE-mail article
After 35 years with Ontario Hydro and the Independent Electricity System Operator, the last six and a half as President and CEO, Paul Murphy has advised the Board of Directors of his decision to retire on April 30, 2013. More

Ontario invests millions in smart grid, but needs billions
Fierce Smart Grid    Share    Share on FacebookTwitterShare on LinkedinE-mail article
At DistribuTECH, the Ontario Clean Technology Alliance put out a call for investments in research and development and advanced manufacturing to support what the Ontario Independent Electricity System Operator estimates to be an average of about $390 million per year, or $1.95 billion in total over five years, to enable the connection of distributed generation in a more intelligent grid. More

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Murkowski unveils energy policy recommendations
Fierce Energy    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Alaska Senator Lisa Murkowski this morning shared a new vision for America's energy future, laying out 200 policy recommendations to drive the energy policy conversation through the rest of the decade. More

Requirements for the shutdown systems of nuclear power plants
CSA Group    Share    Share on FacebookTwitterShare on LinkedinE-mail article
This Standard has been written as a general standard for reactor shutdown systems of nuclear power plants. It establishes the design, procurement, installation, commissioning, operation, testing, and maintenance requirements of shutdown systems to terminate the fission chain reaction in the event of an accident. More

World Bank backs power generation as key to Myanmar development
The Nation    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Improving electricity supply is a key development priority requiring public and private investment, Axel van Trotsenburg, the bank's East Asia and Pacific vice president, said. "Turning on the lights in Myanmar will enable children to read at night, and encourage villagers to start new businesses which will lead to growth and jobs," Trotsenburg said. More

Answer to power needs isn't blowing in the wind
The StarPhoenix    Share    Share on FacebookTwitterShare on LinkedinE-mail article
As an energy source, wind sucks almost as hard as it blows. The limits of wind power were confirmed when SaskPower customers consumed a record amount of electricity, eclipsing a record set just a week earlier. Previous records were set in 2011, 2009, 2008, 2004. Our demand for electricity just keeps going up. More

Power buying spree will generate rate hikes
The Times Colonist    Share    Share on FacebookTwitterShare on LinkedinE-mail article
British Columbians can expect a rate shock on their electricity bills in coming years as B.C. Hydro is set to lose almost $1 billion because of an enormous surplus of power, says the Opposition NDP. Newly released Hydro documents show the Crown corporation, which in 2008 was warning of blackouts caused by a maxed-out power grid, has so many long-term private power contracts that it's running a 10-year surplus of power, said NDP critic John Horgan. More

Energy consultants pan Muskrat Falls project
The Chronicle Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A Halifax-based energy consultant is among those behind the launch of a campaign calling for more scrutiny of power generation options for the province. Todd McDonald said that he and several others want to see a better analysis of wind, natural gas, and all the other potential alternatives to the Muskrat Falls hydro project that would bring electricity to Nova Scotia from Newfoundland and Labrador via subsea cable. More

Duke continues switch from coal with three new gas plants
Power Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Continuing a drive that has seen it retire almost 7 GW of coal capacity across its fleet since 2007, Duke Energy rang in the new year with two new advanced combined cycle plants in North Carolina and a third is set to begin operations soon. The H.F. Lee Plant near Goldsboro and the Dan River Combined Cycle Station in Eden officially began operations at the end of 2012, representing a combined investment of about $1.5 billion. More

National Grid closes $40 million investment in Clean Line HVDC projects
SNL Online    Share    Share on FacebookTwitterShare on LinkedinE-mail article
National Grid USA confirmed the closing of its $40 million investment in Clean Line Energy Partners. The investment in the project is consistent with National Grid's long-term strategy of developing and operating high-quality energy infrastructure. More

Outage management with an owner's engineer
Managing Power    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Outages are critically important events for which time quite literally is money. The moment a unit comes out of service for an outage, it stops generating revenue for its owner and starts racking up expenses. The accumulated major maintenance bill over a 25-year period for a typical 7FA combustion turbine can be on the order of $100 million. More

Western power grid to rely heavily on gas despite increasing renewables
Platts    Share    Share on FacebookTwitterShare on LinkedinE-mail article
With much of the U.S. relying more on natural gas for power generation and large-scale switching from coal to gas becoming a reality, California and the Pacific Northwest are looking to a different future with less dependence on the fossil fuel, despite its price advantage even in the years ahead. More

Drastic fall in German gas power generation in 2012
Power Engineering International    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gas fired power generation fell by 27 per cent in Germany according to the latest figures from the National Association of Energy and Water. Many of the country's energy providers opted to switch to cheaper coal and rely on renewables thanks to high gas prices in 2012. More

Superdome officials warned of power outage before Super Bowl
CBC News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Superdome officials warned just months before the Super Bowl that the venue's electrical system could suffer a power outage and rushed to replace some of the equipment ahead of the big game. While the cause of the 34-minute outage is still under investigation, records show that Superdome officials were worried in October about losing power during the NFL championship. More

Under Obama, coal country fights for its way of life
Financial Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Leon Lieser has been a coal miner 49 years, his bent fingers testament to his first job, loading coal by hand into a bucket. Mining also led to a hip replacement and a knee replacement. He loves his job and his industry, despite what it has done to his body. "It's a way of life. It's a proud life," said Lieser, 66. More


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