Making Sense of the Future After Losing a Job You Love – Harvard Business Review
Making Sense of the Future After Losing a Job You Love Harvard Business Review
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Competitive Generators Look to the Supreme Court After Seventh Circuit Declines Rehearing on Nuclear Subsidies
The Seventh Circuit Court of Appeals has declined to rehear a case that challenges nuclear subsidies in Illinois, effectively dealing a blow to a group of competitive generators, which have fought the measure for several years.
In an order issued on October 9, the appellate court said its full judicial panel had voted to deny a September 29–filed petition from the Electric Power Supply Association (EPSA), a national trade association representing independent power producers and marketers, that urged it to rehear a case challenging the state’s zero emissions credit (ZEC) program under the Illinois Future Energy Jobs Act. In its petition, the group argued that the court erred or overlooked significant aspects of its case when the court issuedits final judgment on September 13.
The court’s decision, which essentially left the door open for states to subsidize nuclear generation, was hailed as a victory for Exelon Corp., which lobbied for the measure to protect its financially flailing nuclear assets.…
Death Toll Expected to Rise After Explosion at India Thermal Plant
An explosion at a coal-fired power plant in India has killed as many as 18 people and injured about 100, according to news reports. The blast, which occurred November 1 at the Feroze Gandhi Unchahar Thermal Power Station, was apparently caused when a boiler pipe burst in a 500-MW generating unit that came online in March of this year.
Police confirmed the total number of dead and said they expect the death toll and number of injured may rise because other people were trapped in the plant, which has been shut down. The plant employs 870 workers.
NTPC, the plant’s operator and India’s largest power utility, said in a statement: “There was sudden abnormal sound at 20 mt. elevation and there was an opening … from which hot flue gases and steam escaped affecting the people working around the area.” The NTPC statement also said “an unfortunate accident in the boiler of 500MW under trial unit of NTPC – Unchahar occurred this afternoon.…
Six Years After Fukushima, Only Three Reactors Operating in Japan, More Poised to Restart
Six years after the Fukushima disaster prompted an electricity crisis in Japan and sent tremors throughout the world’s nuclear power sector, Japan is determined to continue its reliance on nuclear for nearly a fifth of its power needs in the long term.
Nuclear will make up 20% to 22% of Japan’s power mix by 2030, under a long-term plan issued in 2015, Hirohide Hirai, the director general of Japan’s Ministry of Economy, Trade, and Industry (METI), told attendees at CERAweek by IHS Markit, which is taking place in Houston this week.
On March 11, 2011, nearly a day after the 3-minute, 9.0-magnitude Great Tohoku Earthquake struck northeastern Japan—and unleashed a tsunami that killed 20,000 people—the world learned that Tokyo Electric Power Co.’s (TEPCO’s) Fukushima Daiichi and Daini nuclear plants were in peril after rising waters inundated and disabled offsite power supplies.
All of Japan’s nuclear power plants were shut down for safety checks after the disaster. Six years later, only three of 45 operable reactors have come online: Kyushu Electric’s Sendai 1 and 2 (restarted in 2015), and Shikoku Electric Power Co.’s…