Electricity

Builder projects 18-month delay for nuclear plant in Georgia

ATLANTA (AP) — Southern Co. said the firms building its new nuclear power plant in Georgia estimate the project will be delayed 18 months, potentially costing the power company $720 million in new charges, company officials said Thursday.

The latest delay at Plant Vogtle is another setback for a project that was supposed to prove nuclear reactors could be built on time and without the cost overruns that financially strained utilities decades ago. Power companies are already shuttering existing nuclear plants because natural gas is so cheap by comparison.

Despite rapid growth, smart meters not changing U.S. energy habits

Source: 
The Washington Post

Though 50 million smart meters have been installed in homes nationwide, U.S. energy consumers aren't moving to change consumption habits, a phenomenon The Washington Post suggests is linked to a lack of real-time access to data related to energy efficiency and financial savings.

SoCal Edison lab focuses on future technology

Source: 
Reuters

A laboratory complex set up by Southern California Edison in 2009 to keep the utility at the forefront of new developments in grid and energy technology gets results that gives the firm’s Advanced Technology Division an impact beyond its $19 million annual budget, Reuters reports.

Storm to reignite debate on Northeast’s energy infrastructure

Source: 
E&E

The discussion over new pipelines and transmission lines to add power capacity in the Northeast could get a fresh boost from the winter storm that was sweeping through the region Tuesday, E&E reports.

Hawaii Electric seeking to cut solar credits

Source: 
E&E

In a fresh tilt at net metering, Hawaii Electric has applied to the state’s Public Utilities Commission to phase out the existing program of issuing credits to customers with solar panels who supply electricity back to the grid, as the utility claims they are not paying their fair share of grid maintenance, E&E reports.

Siemens quarterly profit slips 25 pct on slow power business

FRANKFURT, Germany (AP) — Industrial machinery maker Siemens AG says net profit fell 25 percent in its most recent quarter as lower earnings at its key power and gas business weighed on the bottom line.

Net income fell to 1.1 billion ($2.18 billion) in the October-December quarter, the company's fiscal first. That was down from 1.46 billion euros a year earlier. The earnings figure fell short of the 1.22 billion euros expected by analysts surveyed by financial information provider FactSet.

Santa Ana winds knock out power to thousands in California

LOS ANGELES (AP) — Power was being restored Sunday to tens of thousands of people who lost electricity in Southern California after fierce Santa Ana winds gusting as much as 89 mph toppled trees and power poles.

The Los Angeles Department of Water and Power said Saturday's outages affected more than 54,000 customers — mostly in the San Fernando Valley area of Los Angeles.

Fla. customers shouldn’t pay for utilities’ natgas investments: Lawmaker

Source: 
Platts

Utilities wouldn’t be able to pass along the costs associated with their natural gas investments to their electricity customers, under a bill introduced in the Florida legislature by Democratic state Rep. Dwight Dudley, Platts reports.

Think tank report finds Exelon-Pepco merger bad for D.C.

Source: 
The Washington Post

Millions of Pepco customers could end up paying more for electricity under a proposed merger that would combine the company with Exelon, according to a report due out from the Institute for Energy Economics and Financial Analysis, which recommends that the D.C. Public Service Commission reject the application, The Washington Post reports.

Exelon objects to Delaware demands over Pepco merger

Source: 
The News Journal

Some of the demands Delaware has made over Exelon’s proposed merger with Pepco have drawn criticism from the company president in comments filed ahead of public hearings by the state’s Public Service Commission next month, The News Journal reports.

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