Invenergy Completes Sale of 832 MW of Wind Power to TerraForm Power

Invenergy Wind sold 832 MW of wind power plants to TerraForm Power. A final closing for an additional 98 MW of projects is scheduled to be completed in early 2016. The total enterprise value of the transaction is more than $2 billion. The closing encompasses four power plants, representing 754 MW in the United States and one 78 MW project in Canada.

Westinghouse Develops New Inspection Technique for Sweden’s Oskarshamn Unit 3 Nuclear Power Plant

Westinghouse Electric Company with subsidiary WesDyne Sweden AB was selected by OKG AB to develop and qualify techniques and equipment to inspect the core shroud support at OKG AB's Oskarshamn unit 3 Nuclear Power Plant (NPP) in Sweden. The contract scope includes developing and qualifying ultrasonic and eddy current techniques for 70 millimeter thick Inconel 182 welds, as well as two new manipulators to inspect approximately 35 meters in five different weld segments.

Minnesota Power Marks Completion of Emissions-Reduction Project At Boswell Plant

Minnesota Power completed an emissions reduction project at the Boswell Energy Center to reduce mercury emissions by 90 percent and to meet all state and federal regulations for sulfur dioxide emissions and particulates. Unit 4, capable of producing 585 MW, is Minnesota Power's largest coal-fired generating unit. Total cost of the Boswell project is about $260 million.

Dominion Closes on First Phase of Solar Sale to SunEdison

Dominion closed on the first phase of its previously announced sale of a 33 percent ownership interest in 425 MW of solar generating capacity to SunEdison. Dominion received approximately $180 million for the first phase, which includes an ownership interest in 253 MW of solar generating capacity at 15 sites in five states. The second phase is expected to close by early 2016 for approximately $120 million, subject to working capital and certain other adjustments.

GE Wins Nearly $1 Billion Contract To Build SEC’s 1390 MW Waad Al Shamal Combined Cycle Power Plant

GE was awarded an EPC contract valued at nearly $1 billion for gas turbine services for the Waad Al Shamal combined cycle power plant of Saudi Electricity Company (SEC). Scheduled for completion in 48 months, the plant will support the phosphate mining operations in the locality. GE will deliver the turnkey power plant, supplying four advanced GE 7F.05 heavy-duty gas turbines and a GE steam turbine. The 1,390-MW combined cycle plant will be able to provide the equivalent power needed to supply more than 500,000 Saudi homes.

Four Utilities, Four Strategies

Installing utility-scale, grid-connected battery storage.

Stories on installing grid-connected battery storage from AEP, Green Mountain Power, Imperial Irrigation District, and Kauai Island (Hawaii) Utility Co-op.

Microgrids and Battery Storage

In search of enlightened policy to build a solid business case.

A smart grid expert searches for a solid business case – and tells how to create enlightened policy to make it happen.

We, the Regulators

The way forward, amidst new markets, technologies, and environmental imperatives.

NARUC’s incoming President – from the Montana PSC – shares his vision on how utility regulators should navigate today’s industry disruptions.

Parsing Poles and Towers

Customer cost allocations using the Minimum Distribution System method.

Accounting and Rate Design: How to use the Minimum Distribution Method to allocate local grid costs to end-use customers.