Tag: 2021
Vaccines could unleash a hobbled US economy and spur job growth in 2021. But risks loom. – USA TODAY
Coal-Fired Power in 2021: A Recovery or a Reckoning?
The post Coal-Fired Power in 2021: A Recovery or a Reckoning? appeared first on POWER Magazine.
This has been the year from hell for coal-fired power and the coal industry. If current projections hold, coal generation in 2020 will be 21% lower than last year and 62% lower than the 2007 peak. The coal share of the generating mix, which for decades hovered around 50%, will finish the year at 20%, the lowest on record. Coal production will be the lowest since 1964 and down by a quarter just from 2019.
The new year may bring relief. The U.S. Energy Information Administration’s (EIA’s) Short-Term Energy Outlook (STEO) projects that coal generation will recover most of its 2020 losses in 2021, bringing some stability to coal plant operators and coal miners. The key factor behind a coal power recovery is higher prices for natural gas, which indeed appear likely in 2021. Nonetheless, a coal recovery in 2021 is highly contingent on other dynamics.…
Georgia Power: New Vogtle Unit Still Set for 2021 Startup
The post Georgia Power: New Vogtle Unit Still Set for 2021 Startup appeared first on POWER Magazine.
The target in-service dates for two new reactors at the Vogtle nuclear power plant site in Georgia remain November 2021 and November 2022, respectively, Georgia Power said in a filing this week with the state’s Public Utility Commission.
The utility on Aug. 31, in its “Twenty-third Semi-annual Vogtle Construction Monitoring Report,” said work on the two-unit expansion at the site in Waynesboro, Georgia, is progressing on pace despite the impacts of the COVID-19 pandemic.
The latest report, also known as the VCM (Vogtle Construction Monitoring), said cold hydro testing of Unit 3 (Figure 1) is set for this month, with hot functional testing planned to occur during the fourth quarter of this year.
Fuel loading of Unit 3 also is planned by year-end. The utility said that under an “aggressive work site plan,” Unit 3 could enter commercial operation as soon as May 2021, though the regulatory-approved date remains six months later.…
Exelon Makes Plans to Retire Byron and Dresden Nuclear Plants in 2021
The post Exelon Makes Plans to Retire Byron and Dresden Nuclear Plants in 2021 appeared first on POWER Magazine.
In a stunning announcement, Exelon Generation, which operates the largest U.S. fleet of nuclear plants—21 reactors at 12 facilities in Illinois, Maryland, New York, and Pennsylvania—said it will retire the Byron and Dresden generating stations next fall for economic reasons.
“Although we know in our heads that shutting down the uneconomic Illinois plants is necessary to preserve even more jobs elsewhere, our hearts ache today for the thousands of talented women and men that have served Illinois families for more than a generation and will lose their jobs because of poorly conceived energy policies,” Christopher Crane, president and CEO of Exelon, said in a statement. “But we are only about a year away from shutdown and we need to give our people, the host communities, and regulators time to prepare.”
Massive Clean Energy Generation
The Dresden Generating Station (Figure 1) has two operating boiling water reactors that combine for a total net generating capacity of 1,845 MW.…