The largest US power grid, PJM Interconnections, could lose up to 58 GW of generating capacity by the end of the decade, according to a report by PJM’s Independent Market Monitor.
Bruce Power is set to receive up to C$50 million from the Canadian government to explore building a new nuclear power plant on the site of its existing Ontario facility.
Iberdrola has closed the sale of 55 per cent of its business in Mexico for around $6.2 billion. The transaction includes the sale of 13 generation plants with a combined installed capacity of 8539 MW.
Wärtsilä has announced it has signed a contract with the city of Farmington in New Mexico, USA, to supply the generating equipment for an 18 MW expansion to an existing power plant.
Mexico’s anti-trust agency the Federal Economic Competition Commission (Cofece) has established conditions for the $6 billion acquisition of 13 power plants by the Mexican Government from Iberdrola.
Sandow Lakes Energy Company has announced plans to construct a 1200 MW CCGT at Sandow Lakes in Lee County, Texas, USA, to operate within the Electric Reliability Council of Texas (ERCOT).
The Alberta Utilities Commission (AUC) has fined Avex Energy of Canada nearly CS250 000 for running a natural gas-fired power plant while bypassing regulatory tests for safe and unobtrusive operation.
The US Department of Energy (DOE) is providing $71.5 million in incentive payments for 46 hydropower projects across 19 states in the US to improve generation efficiency.
The US Government is expected to announce $1.5 billion in funding to enable the 800 MW Palisades nuclear power plant in Michigan to be restarted.
Todd Smith, Ontario’s Energy Minister, is to announce a multi-billion dollar refurbishment of the four reactors at Ontario Power Generation’s (OPG’s) Pickering B power plant, east of Toronto.