Duke Energy’s Fleet Modernization Retires Two Coal Plants
Duke Energy’s Buck and Riverbend stations, coal-fired power plants in the Charlotte area, will retire two years earlier than slated. Both stations had been scheduled for retirement in April 2015 in prior to the upcoming federal environmental regulations; however, the company did elect to retire Buck Units 5 and 6 and Riverbend Units 4 through 7 on April 2013. The efficiency of the merged company’s joint dispatch processes has also contributed to the coal plants early revocations.
Regulators Try to Fix Scam-Ridden Biofuel Program
The EPA have called for a mandate of 16.55 billion gallons for renewable fuels and now, the involved parties only has 45 days to comment before a final mandate is set. A 2007 federal law requires that refiners blend renewable fuels with gasoline, with the amount being determined by their share of the fuel market. Instead of producing the fuels themselves, refiners can buy credits, or RIN’s, from other producers. Under the new proposal, purchasers of the renewable-fuel credits would have them verified through third- party audits. The rule would also specify the conditions under which invalid RIN’s must be replaced, and by which party would be responsible to pay.
Survey Shows that Norway May Boost Hydro Output by 2020
A survey published by the Oslo-based Center for International Climate and Environmental Research, Cicero, showed that Norway may increase annual production by 12 percent through 2020 as the country strives to meet EU targets for higher renewable energy output. According to an agreement with the EU, Norway must step up the share of renewable energy in gross final energy consumption to 67.5 percent by 2020, an increase of 6.4 percentage points from 2010.
NorthWestern Energy to Invest in Electric Transmission System to Boost Capacity and Reliability
NorthWestern Energy has announced a plan to upgrade its electric transmission infrastructure in Stillwater and Carbon counties in south central Montana. The initial phase of the project will include substation upgrades and the construction of a new 100kV transmission line from NorthWestern’s existing Columbus-Rapelje substation to a new substation near Dean, in southern Stillwater County. The transmission line will be 45 to 55 miles in length, depending on the final route. Later phases of this project will include the rebuilding of existing transmission lines in the area.