Examining the problem for nuclear power shows value in informing the public.
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.
It has already changed the utility and manufacturing industries.
The alternatives may make more sense.
A reshuffling of the rankings. Is nuclear the cause?
SunEdison signed a definitive agreement with Dominion, establishing a joint venture for Four Brothers, a 420-MW DC, or 320-MW AC, solar project in Utah, developed by SunEdison. The project is now under construction and fully financed with an expected commercial operation date of mid-2016. The Four Brothers project is contracted under long-term PPAs for 20 years with PacifiCorp.
Cheap natural gas is not just hurting coal. It’s doing the same to nuclear.
OGE Energy chairman and CEO Pete Delaney stepped down from the CEO position to become the interim CEO of Enable Midstream Partners. In response, OGE named current president Sean Trauschke, as CEO. PJM Interconnection elected Terry Blackwell to the PJM board. Chesapeake Utilities appointed John R. Schimkaitis to serve as chairman of the board. Paul D. Koonce adds the role of president-Dominion Virginia Power to his responsibilities. And others...
Dominion acquired a 20-MW solar facility in California from E.ON North America. The facility is expected to enter service in the second quarter of 2015. Alamo Solar is located in San Bernardino County near Helendale, Calif. It has secured a 20-year PPA and an interconnection agreement. Financial details were not disclosed.