Siemens will provide the grid connection for an offshore wind farm off the coast of the U.K.; ABB will supply gas-insulated switchgear for substations in New Jersey; A team from the Microgrid Institute will design, simulate, and test microgrid control systems for two Maryland suburbs; Plus solar power developments by Xcel Energy, SunEdison, ReneSola, and Duke Energy; and others…
Electricite de France
Three nuclear energy plants owned by Constellation Energy Nuclear Group (CENG) officially joined Exelon Generation's fleet of nuclear plants. The three CENG plants include five reactors capable of generating more than 4,200 MW at full power, they include: R.E. Ginna Nuclear Power Plant in Ontario, NY, a single 583-MW, Nine Mile Point Nuclear Station in Scriba, NY, 1,937 MW, Calvert Cliffs Nuclear Power Plant in Lusby, Md., 1,768 MW.
Calpine acquires 1,050-MW combined-cycle plant in Texas; Allete buys AES wind farms; NextEra acquires Silver State solar project from First Solar; plus equity and debt deals involving EdF, Emera, First Wind, SunEdison, AEP, NV Energy and others, totaling $2.7 billion.
Constellation and EdF transfer nuclear licenses to Exelon for $400 million; NRG closes $244 million acquisition of Gregory cogen plant in Texas; Vivint Solar secures $200 million for rooftop solar leases; Virginia Power floats $585 million in bonds; Southern Company issues $700 million; plus equity deals totaling $844 million and debt issues totaling $3.635 billion.
A formal methodology for developing ring-fencing arrangements and setting conditions.
How can decision makers determine the appropriate degree of ring-fencing for a utility holding company? The authors propose a systematic and objective method – recognizing business and financial risks specific to the regulated utility and its affiliates.
(March 2012) DTE Energy awards contract to URS; Exelon and Constellation reach an agreement with Electricite de France; Dominion and Lockheed Martin enter a joint marketing and development alliance; plus deals involving Nissan North America, CenterPoint Energy Field Services, Honeywell, Silver Spring Networks, and others.
FEI Company, a diversified scientific instruments company providing electron and ion-beam microscopes and tools for nanoscale applications, completed a multiple system installation at the Materials Ageing Institute (MAI) in France, a utility-oriented research center financed by Electricite de France, the Tokyo Electric Power Co., the Kansai Electric Power Co. and the U.S. Electric Power Research Institute.
Federal loan guarantees raise hopes for new reactors planned by affiliates of Constellation and NRG.
Federal loan guarantees have been unleashed to support new nuclear plant construction. Will this be the watershed event that finally gets nuclear moving forward in the United States?
Why U.S. public utility commission-style ratemaking has becomes a hit overseas.
What are some approaches to regulation adopted in recent decades by national governments, and the implications for management making international investment decisions?