Calendar of Events

2013 Deloitte Energy Conference
May 21, 2013 to May 22, 2013 | Washington, DC
Distribution Automation & Grid Modernization
May 21, 2013 to May 22, 2013 | Charlotte, North Carolina
5th Annual Managing Regulatory Compliance for Electric Utilities
May 21, 2013 to May 23, 2013 | Atlanta, GA
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PUR Guide 2012 Fully Updated Version

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Babcock & Wilcox

Digest

TVA moving ahead with Babcock & Wilcox mPower small modular reactor; Bechtel begins refueling and uprate work at Xcel's Monticello plant; NRG starts operations at 66-MW PV facility; NIST starts developing cybersecurity framework under presidential order; BPA to upgrade HVDC converter station; PacifiCorp working with CAISO to create real-time energy market; Cupertino Electric to install 230-kV line for 200-MW PV plant; plus contracts and announcements from Alstom, Siemens, Echelon, EPRI, Sempra, and others.

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B&W, TVA Plan Small Modular Reactor

Babcock & Wilcox mPower (B&W mPower) and the Tennessee Valley Authority (TVA) signed a contract to prepare and support nuclear regulatory commission (NRC) review of a construction permit application for a B&W mPower small modular reactor (SMR) nuclear plant at TVA’s Clinch River Site in Oak Ridge, Tenn. The DOE awarded a cost-sharing grant to B&W mPower in November 2012. Preliminary work at the Clinch River site is expected to begin once B&W mPower and the DOE sign a cooperative agreement for the grant fund

Canadian Money Targets Power Generation Overseas

Sarah McKinley

CANADA MAY CLAIM ONLY A SMALL SHARE OF THE world's high-profile power developers, but that hasn't stopped its financial institutions from becoming big players. These public and private lenders have made available billions of dollars to nearly any project willing to use Canadian consultants or equipment.

Furthermore, the government is willing to back its country's products with political risk insurance as part of the package. In a world where power projects are becoming expensive and pose greater market and political risk, Canadian involvement is welcomed.

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