What are top generating companies doing to push the utility market forward? This guidebook exclusively features their guidance and strategies, previously featured in POWER magazine.
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Oil- and Gas-Rich UAE Banks on Nuclear Power
The United Arab Emirates (UAE) is a country flush with fossil fuels, so why does its government want nuclear power to form the backbone of its electricity supply? POWER interviewed Emirates Nuclear Energy Corp. CEO Mohamed Al Hammadi to find the answer and to learn more about the world’s largest in-progress nuclear construction project.
TransAlta Plays Defense with Coal Out, Renewables In
TransAlta Corp., a large, multinational investor-owned electric generating company sitting in the middle of Canada’s fossil fuel riches in Alberta, is offering to move away from coal. What’s behind the Calgary company’s “Dial down coal. Dial up renewables” strategy?
Xcel Energy: Committed to Renewables, but Going Its Own Way
Powerful regional utility Xcel Energy, which owns electric and gas utilities in the middle of the U.S. featuring major wind and growing solar resources, is making a big commitment to renewable generation. But for Xcel, going green means choosing its path: the utility-controlled road to renewables.
Entergy Sheds Uneconomic Merchant Nuclear Plants to Focus on Regulated Business
Around the turn of the century, Entergy took a flyer on older, low-cost nuclear units to bid into new competitive wholesale markets. Facing pressure from cheap gas and unanticipated political challenges, the company now grapples with disentangling itself from unsustainable investments in merchant nuclear generation.
Dominion Resources Broadens Its Reach
Dominion Resources, a large electric and gas utility holding company serving mostly Virginia and North Carolina, has big ambitions to spread its wings nationally and internationally in gas, while carefully hedging its electricity business. The company’s strategy is eclectic.
Southern Company Bets Big
Southern Co., one of the nation’s largest investor-owned utilities, appears torn between enormous recent investments in advanced coal and nuclear technologies—the company’s successful strategy in the past— and a competing sense that natural gas and distributed energy might be the company’s ultimate future.
Exelon, America’s Leading Nuclear Generator, Keeps the Faith on Nukes
The U.S. nuclear power business is in trouble, and Exelon has six units totaling more than 5,300 MW of dependable capacity on the chopping block. How will the Chicago electricity giant respond? Perhaps by acquiring more nuclear capacity?
Chronic Tardiness at South Africa’s Eskom Could Be Its Downfall
South Africa’s state-owned utility faces recent generation shortages, plant construction problems, load shedding, and uncertainty at the African continent’s only nuclear power plant. And that’s just on the generation side. Moves on the business planning and regulatory side are painfully slow and could, some argue, be writing the utility’s obituary.
Ontario Power Generation: A Clash of Politics and Power Planning
Ontario—Canada’s most populous province and its major economic engine—has an electric power supply system so driven by provincial politics that it has pushed the province’s utility generating arm, Ontario Power Generation, into what appear to be incoherent resource policies.