News
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Duke's Harris Nuclear Plant Shut Down for Repairs
LCG, May 17, 2013--Duke Energy removed the Harris Nuclear Plant from service Wednesday evening after indications of a flaw in the metal of the reactor vessel head were discovered. The Nuclear Regulatory Commission (NRC) stated on May 15 that evaluations showed a 0.26-inch flaw that exhibited characteristics of primary water stress corrosion cracking.
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DP&L Plans to Retire Six Coal Units
LCG, May 16, 2013--Dayton Power & Light (DP&L), a subsidiary of AES Corp., announced earlier this week plans to retire six, coal-fired power generating units by June 2015. The retirements, totaling nearly 600 MW of electric generating capacity, are driven by existing and expected environmental regulations, including the Mercury and Air Toxics Standards (MATS).
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Industry News
Slovakia to Sell Off 49 PercentOf Russia-West Europe Pipeline
LCG, Aug. 31, 2001--The Republic of Slovakia yesterday offered for sale a 49 percent interest in the country's natural gas monopoly, Slovensky Plynarensky Priemysel, or SPP, in what may be the largest energy sector privatization in Europe this year.Whoever controls SPP controls the Slovak section of the natural gas pipeline linking Russia and Western Europe, which carries 80 percent of Russian gas to the West. While the Slovak government will retain a 51 percent stake in the business, it is offering operating control to the purchaser of the balance.Slovak sources said the sale could net the government about $3 billion. SPP earned about $92 million last year on revenues of some $2.5 billion. Gas transportation revenues, about half of the total, have been kept low for political reasons.Two consortia have already expressed interest in the sale. One is a combination of Ruhrgas of Germany, Gaz de France and Snam of Italy and the other is RWE and Wintershall of Germany. Gazprom of Russia and Eon of Germany are expected to toss their hats into the ring.
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