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Florida Power & Light is seeking approval to extend the operating license of its Turkey Point nuclear plant for another 20 years. If the U.S. Nuclear Regulatory Commission grants the renewal for Turkey Point’s two existing reactors, FPL could be among the first power companies to operate a reactor for 80 years. NRC spokesman Roger […]
Read MoreGeorgia Power customers can expect to see their monthly residential electricity bills fall by an average of about $2.70, starting in April. The utility company said in a news release this week that customers will be paying $139 million less toward the expansion of the multi-billion dollar Plant Vogtle nuclear project in east Georgia this year. Georgia Power […]
Read MoreWarmest wishes for a Happy Birthday to Carolyn Porterfield, Rick Long, LD Holland and Erich Koehler. We are so happy that you’re a part of our team! Happy Birthday and all the best to you in the year to come.
Read MoreGeorgia Power released its quarterly timeline video this week, which highlights the placement of the Unit 3 pressurizer, a 225,000-pound component that will provide pressure control inside the reactor coolant system. Other highlighted items include The Georgia Public Service Commission’s unanimous approvalof Georgia Power’s recommendation to complete Vogtle 3 and 4 Construction progress through the […]
Read More****News release**** GTTSi joins Georgia / Carolina PCI GTTSi will provide key personal to PCI producers and associates of this elite group providing contract services committed to the growth and profitability of the Precast Industry. G/C PCI represents 12 PCI Certified precast producer firms (18 plants) and over 50 associate/supplier members that produce a variety […]
Read MoreNew Jersey lawmakers have revived a bill to raise electric rates in New Jersey to help two of the state’s nuclear power plants, Salem and Hope Creek, remain operational for the next couple of decades. This bill is identical to the one discussed during the waning days of Governor Christie’s administration and finally dropped amid in-fighting […]
Read MoreGeneral Electric has just completed its $250 million acquisition of the Heat Recovery Steam Generator (HRSG) business of Doosan Engineering & Construction that was originally announced in May 2017. This acquisition is expected to boost GE Power‘s ability to meet the growing demand for its combined-cycle power plant solutions, which utilize the HRSG technology. Joe Mastrangelo, […]
Read MoreBrookfield Business Partners L.P. announced yesterday that it has entered into an agreement to acquire 100% of Westinghouse Electric Company. The transaction provides for a purchase price of approximately $4.6 billion, expected to be funded with approximately $1 billion of equity, approximately $3 billion of long-term debt financing and the balance by the assumption of […]
Read MoreDominion Energy Inc. and SCANA Corp. announced today an agreement for the companies to combine in a stock-for-stock merger worth about $7.9 billion. Including the assumption of debt from SCANA, the value of the transaction is approximately $14.6 billion. The deal includes several benefits for South Carolina power customers to offset previous and future costs […]
Read MoreWarmest wishes for a Happy Birthday to Lloyd Fitzwater, Bob Glaze and Todd Hudman. We are so happy that you’re a part of our team! Happy Birthday and all the best to you in the year to come.
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