The Case for Nuclear Power

first_img Twitter Fertel agreed that other states should follow New York’s lead. A state report found that closing the plants would increase wholesale energy costs by $439 million to $645 million each year. Conversely, keeping the plants open would save $10 billion in economic damages from higher carbon emissions over 10 years, Dempsey said. “PJM realized that the grid was under extreme stress during the polar vortex and that a lot of power that was supposed to be available wasn’t,” Purdie said. “Incentives and penalties weren’t strong enough to ensure reliability and performance in the most extreme events.” By chloecox – “Last year, we sold our combined cycle power plant in Rhode Island and we continue to pursue options for the sale of other miscellaneous merchant renewable and fossil fuel plants,” Mohl said. Linkedin By Sharryn Dotson, Associate Editor Optimizing Plant Performance: The April POWERGEN+ series activates today New England, the Mid-Atlantic and the Midwest were rocked by the polar vortex of January 2014, when power prices skyrocketed after natural gas supplies were re-routed to end users for home heating instead of power generation. Nuclear plants, however, operated at greater than 93 percent capacity factor during that time. Independent system operators and regional transmission organizations like the PJM Interconnection began reforming their capacity markets in response. PJM’s reforms in January 2015 recognized that it is not enough to simply line up generation to meet reserve margin targets, but actually maintain system reliability when it is needed most. Nuclear power accounts for 57 percent of the nation’s zero-carbon electricity, according to the U.S. Energy Information Administration. “We as an industry believe that the source of that megawatt-hour does not necessarily have the same value,” Purdie said. “You can get it from solar, wind, gas or many different sources, but nuclear produces clean baseload power at stable prices.” “We can show what we’ve been able to achieve, and then be able to celebrate when we achieve a net reduction in operating costs,” Sanders said. Exelon agreed to buy the FitzPatrick nuclear plant for $110 million, keeping its doors open. Courtesy: Entergy Since 2013, eight U.S. nuclear power plants have announced plans to permanently shut down operations. The impact of those closures will be felt in the communities around them and in the pocketbooks of consumers, as grid managers and power plant operators work to replace 9,000 MWs of lost capacity. RELATED ARTICLESMORE FROM AUTHOR “Emissions in New England went up 7 percent year-on-year,” Purdie said. “A lot of that was due to losing Vermont Yankee.” Whether saving companies money or giving a nuclear plant a second chance at life, many in the U.S. nuclear industry are trying to find ways to revive this struggling industry. “It’s a repository that allows for capturing both onetime work activity savings and repeatable work scope,” Sanders said. “We can look at the new performance results and say, ‘We executed the work for this amount, now we can set a new baseline in the upcoming cycle taking advantage of the efficiencies.’” Twitter Day & Zimmermann NPS has 27,000 employees at 26 million work hours performing maintenance, repair and upgrade work at nuclear plants, according to D&Z President Walt Sanders. A major impact of nuclear closures is felt in carbon emission levels, Purdie said. Most of the lost capacity is replaced with what is currently on the grid or new combined-cycle plants that can be quickly built. In Vermont, where Entergy shut down the 604-MW Vermont Yankee plant on Dec. 31, 2014, the capacity was replaced 1-for-1 with natural gas. Bill Mohl, President of Entergy Wholesale Commodities (EWC), expressed gratitude to employees of FitzPatrick for operating the plant safely despite the uncertainties. “This is not an anti-gas movement, but one that recognizes the importance of fuel diversity as an integral part of a utility system,” said NYPSC Chair Audrey Zibelman. 9.21.2016 Unfortunately, other nuclear plants are not as lucky. Entergy said it will shut down the 680-MW Pilgrim plant in Massachusetts in May 2019. The company shut down the Vermont Yankee plant in 2014. The standard helped to save more than 600 jobs when Exelon announced it would buy the FitzPatrick plant in upstate New York for $110 million and keep it open. Exelon also said since the CES passed, it would reinvest $400 million to $500 million into the operations, integration and refueling expenditures of its upstate nuclear plants: Nine Mile Point 1 and 2 and Ginna, which were also at risk of closing. Previous articleLines of DefenseNext articleOptimizing CCR Waste Management through a Eurosilo Application chloecox Facebookcenter_img “The Clinton and Quad Cities plants support approximately 4,200 direct and indirect jobs and produce more than $1.2 billion in economic activity annually,” Dempsey said. More Shutdowns are Looming Nuclear The Fort Calhoun Station in Nebraska was the latest nuclear plant to announce its premature closure. Photo Courtesy: Omaha Public Power District Yet, the business of nuclear power is collapsing because the market cannot support the nation’s available capacity. A lot of low-priced natural gas-fired generation has entered the market while regional demand for power is either flat or in decline. In addition, power prices are so low that some nuclear plants can no longer cover basic operating costs. Two Illinois nuclear plants – Clinton and Quad Cities – have lost a combined $800 million over the last six years. Paul Dempsey, Exelon’s Communications Manager, said state and federal policymakers must find solutions that recognize nuclear’s environmental and economic benefits. The utility’s single-unit Clinton plant is set to close June 1, 2017. The dual-unit Quad Cities will close June 1, 2018. Both plants are in Illinois, where all coal-fired plants in the southern half of the state may be closed. Suitors for halted Bellefonte nuclear project ask TVA to consider climate in reviving sale The single-unit Clinton plant in Illinois will close June 1, 2017. Courtesy: Exelon Though Illinois did not pass its emission standard, New York regulators approved its Clean Energy Standard (CES) last month. The CES requires 50 percent of New York’s electricity to come from renewable sources by 2030. It also requires all six of the state’s investor-owned utilities and other energy suppliers to buy zero-emission credits to pay for the intrinsic value of carbon-free emissions from nuclear plants. The New York State Public Service Commission estimates the CES will add less than $2 a month to the average residential customer’s bill, but the credits are estimated to be worth $965 million in the first two years. New Jersey utility regulators extend zero-carbon breaks for PSEG nuclear power plants Facebook TAGSISONEMISONYISOPE Volume 120 Issue 9 “This Clean Energy Standard shows you can generate the power necessary for supporting the modern economy while combatting climate change,” Gov. Cuomo said. “Make no mistake, this is a very real threat that continues to grow by the day, and I urge all other states to join us in this fight for our very future.” “Leaders in state capitals and Washington must bring together policies that appropriately value all attributes of electricity generation which, if done correctly, will preserve nuclear energy facilities as part of a diversified electricity portfolio,” Fertel said. Purdie said wholesale markets in the Northeast, Mid-Atlantic, Midwest and Texas place a price only on the next megawatt-hour of electricity produced in a given interval, typically five-minute intervals. The Case for Nuclear Power Chief Editor Russell Ray contributed to this report. “Gov. Cuomo and the Public Service Commission correctly acknowledge nuclear power plants as indispensable sources of emissions-free power, meriting explicit valuation by the state as a clean energy source,” Fertel said. Linkedin Illinois is the only completely deregulated state in MISO. Illinois lawmakers were considering the Next Generation Energy Plan, which would have given nuclear plants in the state a much-needed financial boost by shifting to a zero-emission standard focused on at-risk nuclear plants. The bill would have nvested $140 million in new solar developments and rebates. However, the bill’s sponsor shelved it just as the Legislature’s spring session came to a close. As a result, Exelon announced plans to close the Clinton and Quad Cities plants by June 2018. While the closures have brought a pall over the industry, some strides have been made to save other nuclear plants in deregulated regions. Still, more needs to be done to make sure jobs are saved, towns don’t lose a major tax base and emissions remain low, said Michael Purdie, manager of Energy and Economics at the Nuclear Energy Institute’s Policy Planning and Development Division. After Omaha Public Power District (OPPD) announced in June that it would close the 479-MW single-unit Fort Calhoun Station, NEI President and CEO Marvin Fertel said nuclear power is not being properly valued and, therefore, electricity consumers will bear the brunt. The company is looking for innovative ways to cut operational costs for its customers by saving money and operating nuclear plants safely and efficiently. Day & Zimmermann NPS developed a web-based value-add tool that allows them to find areas where savings can be achieved and then share that information with other plant sites. With those closures, Entergy is left with two merchant nuclear plants in the northern U.S. As a result, Mohl said, Entergy is looking to get out of the merchant market business and aggressively grow the regulated utility side by not buying any new nuclear assets in the deregulated regions of the Northeast and Midwest. New York’s Clean Energy Standard Sanders hopes that by the end of the year, Day&Z can assess performance results, safety, quality and costs after outages are completed. No posts to displaylast_img read more

NIGC talks business with French majors

first_imgOn the sidelines of the World Gas Conference in Paris, the chief executives of 15 French companies including Total, Technip, Schneider and Vinci Energy held direct talks with the managing director of National Iranian Gas Company Hamidreza Araqi to discuss opportunities in Iran.According to  NIGC, he also met with France’s MEDEF which brings together French entrepreneurs.MEDEF comprises 100 big French companies including Total, Airbus, banks and investment companies involved in energy, power transmission, refinery construction, oil and gas storage and other sectors of oil and gas industries.Araqi said NIGC offered 18 major projects for investment in Paris. They included IGAT-9, IGAT-11 and the completion of IGAT-7 and storage projects.He said that different ways of investment including build-operate-own (BOO), build-operate-transfer (BOT) and foreign direct investment (FDI) were discussed. Image: NIGClast_img read more

Logo Request Forum

first_img Sign in to follow this   Sign in to follow this   Posted January 9, 2017 SportsLogos.Net Is the request forum just down or has it been deleted? Needing some quick and easy work done. Thanks Members must have 100 posts in order to request design work.  Those requests must be made in the appropriate forum which will only be accessible once 100 posts have been made. By TreyO, January 9, 2017 in Sports Logo News 3,260 0 Sec19Row53 Share on other sites 0 20. Requests All Activity Members Followers 2 All Activity Share on other sites 0 Members Thank You Share this post 3 posts Followers 2 Sports Logos TreyO Link to post 0 0 0 Logo Request Forum You need data to know what everyone thinks Location:Oconomowoc, WI Posted January 10, 2017 Link to post 0 Members must have 100 posts in order to request design work.  Those requests must be made in the appropriate forum which will only be accessible once 100 posts have been made. TreyO 3,260 Sports Logos From the FAQ: 0 Link to post Go To Topic Listing 20. Requests Share this post Recommended Posts 3 posts Sports Logo News Sec19Row53 Forums Home Sports Logo News Logo Request Forum TreyO 3,260 Posted January 10, 2017 Share on other sites Share this post This topic is now closed to further replies. 5 minutes ago, Sec19Row53 said: 4,331 posts TreyO Forums Home 0 SportsLogos.Net Members From the FAQ: Logo Request Forumlast_img read more

Industry excellence recognised at EGR B2B Awards

first_img Share Poker softwareMicrogaming Poker networkPlaytech In-play betting softwareSBTech Innovation in slot provisionNetEnt CategoryWinner Sports data providerBetradar Skill games supplierGamevy Virtual sports supplierInspired Gaming Group Marketing and PR providerSquare in the Air Share Corporate services providerKPMG Isle of Man & Gibraltar Innovation in mobileNetEnt Recruiter of the yearEyeSpy Recruitment Bingo supplierBede Gaming Live casino supplierEvolution Gaming Related Articles RNG casino supplierNetEnt White label partnerEveryMatrix Services rising starFresh8 Gaming Social & freeplay gaming supplierFlowPlay Innovation in payments solutionsSecure Trading Affiliate softwareIncome Access Data analytics partnerHARMAN Connected Services Mobile supplierRealistic Gamescenter_img IT supplierArdenta SBTech picked up Best In-Play Betting SoftwareHosted at the Pavilion at the Tower of London on Wednesday 1st June, the 2016 EGR B2B Awards celebrated the best in industry services, recognising a total of 38 disciplines critical to online gambling’s day-to-day operations.Rewarding service categories for software, platform provisions, payment processing, IT development, data analytics, marketing and operational services the seventh EGR B2B Awards details the make-up of online gambling’s diverse and complex value chain.For tech-based categories, NYX Gaming took the honour of ‘Platform of the Year’, with the awards night holding further highlights for the Canadian firm as its recently acquired firm OpenBet would win ‘Sports Betting Supplier’.NYX Gaming Group CEO Matt Davey commented: “The NYX Gaming Group acquisition of OpenBet was designed to ensure that our customers have access to the very best platforms and content across all verticals, and to be acknowledged in this way by the industry is confirmation that we are doing exactly that. We are committed to investing further in our content and technology to ensure we continue to deliver new and exciting opportunities for our customers.”OpenBet CEO Jeremy Thompson-Hill added: “OpenBet has long established itself as the leading supplier of sports betting and platform solutions and there is no higher praise than to be recognised as such by our peers. We are already seeing the huge benefits which come from being part of the NYX family and we look forward to continue building upon this success.”The B2B night would see familiar faces win as Playtech would retain its ‘Multi-Channel Supplier’, with EveryMatrix retaining its ‘White Label Partner’ award.Ebbe Groes, CEO of EveryMatrix, said: “This major award comes as a recognition of our company’s efforts to create better solutions for the iGaming industry and our constant work to support our clients with high-quality products necessary for building successful gaming websites.”SBTech took home the award for best In-Play Betting Software. CEO Richard Carter commented: “Over the past 12 months we have acquired numerous major operators, powering some of the most successful online gaming brands.“The in-play betting element is the icing on the cake of our Sportsbook offering. We are delighted to be recognised as the best supplier of Sportsbetting software and services to the global online gaming market.”The awards night would see a first time winner in Swedish games content developer Yggdrasil Gaming which won the accolade of best ‘Slot Provider’.Fredrik Elmqvist, CEO at Yggdrasil Gaming, said: “Winning Software Rising Star at last year’s EGR B2B Awards was absolutely fantastic and we could only dream that a year on we would be voted Slot Provider of the Year. This really is a huge award for us to win – you just have to look at the other nominees to see what an important category it is.“I’d like to thank everyone who has worked so hard to make this possible. We’ve got an absolutely brilliant team and this award will only spur us on to work even harder to create the very best products for our customers.”Operational services’ recognition would see BetConstruct win the industry’s ‘Best Customer Service’ award, with SafeCharge taking home top payments honours for ‘Payments Company’ and ‘Fraud & Compliance’.BetConstruct CEO Vahe Baloulian remarked: “This award, which we are receiving second year in a row, simply shows that for BetConstruct customer service is not what we do but who we are.“BetConstruct team excels year after year in its compassionate, relentless and unending effort to give our partners more than they are expecting. By doing this we show our appreciation for their hard work. My colleagues and I are deeply humbled and encouraged by this significant recognition from our industry.”Highlighting data competencies,  top awards would be awarded to Betradar for best ‘Sport Data Provider’and HARMAN Connected Services for industry ‘Data Analytics’.Marketing disciplines would see Irish start-up Element Wave win ‘Acquisition & Retention Partner’ with Income Access retaining its title of best ‘Affiliate Software’.EGR B2B Awards Winners 2016  Innovation in RNG casino softwareQuickspin Submit Kambi and DraftKings agree on final closure terms July 24, 2020 Innovation in sports betting softwareColossus Bets VBET agrees Armenian Premier League and Armenian Cup sponsorship August 13, 2020 Best customer serviceBetConstruct Slot providerYggdrasil Gaming Online lottery supplierIGT Live streaming supplierPerform Group StumbleUpon Kambi takes control of Churchill Downs BetAmerica sportsbook August 28, 2020 Datacentre of the yearContinent 8 Technologies Payments companySafeCharge Multi-channel supplierPlaytech Fraud and compliance solutionSafeCharge Mobile gaming softwarePlaytech Acquisition & retention partnerElement Wave Software rising starLOTTOTECH Mobile services providerElement Wave Sports betting supplierOpenBet Platform of the yearNYX Gaming Group (Open Gaming System)last_img read more