Electricity

Report to state utility regulators backs EPA carbon rule

Customers would benefit from the Environmental Protection Agency’s proposed rule to limit carbon emissions from existing power plants, according to an analysis being released Monday at the National Association of Regulatory Utility Commissioners' summer meeting in Dallas.

“The impacts on electricity rates from well-designed CO2-pollution control programs will be modest in the near term, and can be accompanied by long-term benefits in the form of lower electricity bills and positive economic value to state and regional economies,” the report by the Analysis Group said, echoing EPA’s own analysis of its carbon rule.

Sempra utility wins FAA drone license

Source: 
FuelFix

The Federal Aviation Administration has approved a drone permit for Sempra utility San Diego Gas and Electric, which the company claims will make it the first utility to win permission to use the technology, FuelFix reports.

Grid operator sees rules shutting most U.K. coal plants by 2023

Source: 
Bloomberg

The company that operates the United Kingdom's grid projected climate regulations due in 2016 will result in the shutdown of most of the country's coal plants, leaving just three in use by 2023, Bloomberg reports.

LS Power buys plants from Calpine for $1.6 billion

Source: 
FuelFix

Six mostly gas-fueled power plants in Alabama, Louisiana, Oklahoma, Florida and South Carolina are changing hands, with a subsidiary of LS Power Equity Partners buying them from Calpine for $1.6 billion, according to a Securities and Exchange Commission filing, FuelFix reports.

Arizona utility to pay $3.25M for 2011 blackout

SAN DIEGO (AP) — Federal regulators say they've reached a $3.25 million settlement with an Arizona utility over a 2011 blackout that left millions of people without power in California, Arizona and Mexico.

The settlement approved Monday between the Federal Energy Regulatory Commission and Arizona Public Service Co. is expected to be the first of several stemming from the blackout that involved a half-dozen utilities and grid operators.

The settlement requires APS to pay $2 million to the federal government and $1.25 million for improvements to the electrical grid.

Kentucky officials say EPA rules won't force additional coal plant retirements

Source: 
Platts

A pair of Kentucky officials said proposed EPA limits on carbon emissions at power plants likely won't force any coal-fired plant retirements beyond those already announced, as planned retirements will achieve most of the proposed 30 percent emissions reduction, Platts reports.

China launches new power line project

Source: 
Reuters

China's official Energy News said the State Grid Corporation has started production on a $100 billion ultra-high voltage power line system as the nation looks to boost its energy infrastructure, Reuters reports.

Researchers urge U.S. to act on grid security

Source: 
The Wall Street Journal

The Congressional Research Service and the nonprofit Battelle Memorial Institute urged the U.S. government to take swift action to improve physical security at the electric grid, arguing efforts by utilities may fall short of the most effective security system, The Wall Street Journal reports.

DOE received 3 hacking reports from utilities over past year

Source: 
The Wall Street Journal

Subsidiaries of ITC Holdings, Duke Energy and NRG Energy have reported hacking incidents to the Department of Energy over the past year, involving a power plant and some transmission lines, The Wall Street Journal reports.

High-level compensation topped $25M ahead of Energy Future bankruptcy

Source: 
FuelFix

Energy Future Holdings paid out $25.5 million to senior management, including CEO John Young and others in the company’s top echelon, in the year before it filed for bankruptcy protection, according to court filings, FuelFix reports.

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