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Industry News 2004 P1
NRC to discuss results of special inspection at Hope Creek plant
Nuclear Regulatory Commission staff will meet with representatives of Public Service Electric and Gas (PSEG) on Jan. 5 to discuss the results of an NRC special inspection conducted at the Hope Creek nuclear power plant. The inspection was performed at the PSEG-operated facility in Hancocks Bridge (Salem County), N.J., in response to a steam line failure and shutdown with complications that occurred there on Oct. 10.
Let the process move forward
New Jersey Governor Richard Codey (D) and others have recently stated that they intend to impose a moratorium on clean, renewable offshore wind energy development while the state "comes up with a policy on them." In fact, an extensive regulatory framework already exists at both the state and federal level that requires a rigorous environmental review based on a clearly defined public review process.
Industry votes to approve Version 0 Reliability Standards
The North American Electric Reliability Council (NERC) announced that the industry stakeholders voted to approve the proposed Version 0 Reliability Standards by a 94.4 percent weighted vote. The proposed standards translate existing NERC operating policies, planning standards, and compliance requirements into an integrated and comprehensive set of measurable reliability standards.
FCC ruling seen as favorable to broadband over powerlines
The October FCC ruling on broadband-over-power-line (BPL) technology effectively removes some uncertainties affecting utility investment in BPL. The FCC said its ruling was intended "to encourage the development of Access Broadband over Power Line (Access BPL) systems while safeguarding existing licensed services against harmful interference."
Mixed spending projections signal new it reality for utilities sector, according to META Group's Annual Worldwide IT Trends & Benchmark Report
The annual Worldwide IT Trends & Benchmark Report reveals a lukewarm IT economy at large, and an even cooler climate for IT spending in the utilities sector. The report, published by META Group, a provider of IT research, advisory services, and strategic consulting, reveals a new IT reality in which cautious technology spending has fundamentally altered how organizations invest their IT dollars.
SRP selected as utility of the year
Each year, the EL&P staff chooses one utility that we feel stands out as exemplary in our industry; to this victor goes our "Utility of the Year" honor. In the past decade, we have chosen utilities that have weathered hard times well and utilities which have seemed completely untouched by industry tsunamis. Southern Company, Con Edison, Puget Sound Energy and Xcel Energy are all past winners of this coveted title.
President Bush nominates Secretary of Energy
Today, President Bush announced the nomination of Sam Bodman as Secretary of Energy. If confirmed, Bodman -- a former MIT professor, industry company head and investment firm executive -- will replace Energy Secretary Spencer Abraham, who announced his resignation on November 15.
NW utilities to adopt steps to form transmission organization
The collaborative efforts of regional energy stakeholders to create a new Northwest transmission organization are expected to culminate in two major milestone events Thursday, December 9, 2004.
Mirant comments on CFTC settlement
Mirant issued the following statement from Doug Miller, the company's senior vice president and general counsel, in response to the settlement announced today between the Commodity Futures Trading Commission (CFTC) and Mirant's subsidiary, Mirant Americas Energy Marketing (MAEM).
IdaTech receives U.S. Department of Energy award for development of off-road fuel cell system
The U.S. Department of Energy (DOE) has selected IdaTech for a $1.4 million award to conduct a three-year program of fuel cell system research and development targeting off-road vehicle applications. This is the second DOE award granted to IdaTech in the past 14 months.
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