Two nuclear power projects in Turkey, once operational, are estimated to help the government save $7.2 billion by reducing gas imports by one-third in addition to generating 32% of the country's electricity. The government is keen to fast-track a Rosatom-led reactor in Akkuyu, Mersin province, and aims to realise a further reactor on the Black Sea cost through a Japanese-French consortium by 2023.
Mounting pressure is placed on the U.S. Federal Energy Regulatory Commission (FERC) to enact reforms in East and Midwest power transmission areas to create stronger capacity markets to strengthen electric grid reliability. Industry has been pushing for regulatory changes ahead of the next base residual power auctions on May 12.
The Intergovernmental Panel on Climate Change (IPCC) has recognized the key role played by combined heat and power (CHP) in reducing greenhouse gas emissions from energy supply. Industry association COGEN Europe consequentially calls on EU member states to reconsider cuts in national support schemes for cogeneration.
Power producers in the United States like American Electic Power, Duke Energy and Southern Co. must abide by federal limits on mercury and other power plant plants, a U.S. appeals court ruled, upholding the EPA's Mercury and Air Toxic Standards (MATS) regulation that was heavily criticized by the industry.
Dangerous levels of greenhouse gas emissions could be mitigated by replacing existing carbon-intensive coal plants with modern gas-fired combined cycle plants, according to new findings from the Intergovernmental Panel on Climate Change (IPCC). The report shows that gas power generation without CCS acts as a bridge technology towards greater renewable energy use with the aim of achieving 450 ppm CO2eq concentrations by 2100.
Japanese ministers voted today to reinstate some of the country's nuclear power plants in a bid to reduce crippling gas import costs for power producers. The government made no comment on how many plants will be restarted, but the new plan is hoped to alleviate the estimated $50 billion losses incurred by nuclear operators as they have been forced to switch to costly fossil fuel imports.
Cogeneration in Spain could become a causality of current changes in electricity legislation, with an estimated 6 GW at risk of closure. Proposed reductions of the CHP tariff will immediately drive roughly half of the existing capacity into negative gross margins and force them to shut-down, industry association COGEN Spain warns.
The German government and the European Commission have ended a lengthy dispute over exemptions and rebates to industry from paying the full levy charged for subsidizing renewable energy. A compromise allows firms to pay less than the 20% share of the EGG levy which the EC had proposed, German media reported.
A proposed reform of Germany's renewable energy act (EEG) is set to hit manufacturers with substantial extra costs for energy which may lead to closures, the industry warns. The renewables levy will rise to €77/MWh in 2020 from currently €62.40/MWh and the extent of industry exceptions is still uncertain.
Reviewing the EU Energy Efficiency Directive by July, the Commission is likely to set more stringent targets after the European parliament voted for 40% improvements in efficiency by 2030. "The parliament is expecting an ambitious energy efficiency target from us," Mechthild Wörsdörfer, Director Energy Policy at DG Energy said in Brussels today.