GE Energy Financial Services plans to invest $5 billion outside the United States to help meet soaring energy demand by the end of 2010. GE has opened offices in Southeast Asia and the Middle East and expanded in India. The company said its investments outside
the United States would be increased to 25 percent from 10 percent. Those investments are now spread across 35 developed and emerging countries.
The Nuclear Regulatory Commission approved Southern Co.’s request to increase the generating capacity of the
Vogtle nuclear power plant in Georgia by 1. 7 percent. The power uprate will increase Vogtle Unit 1 from about 1,109 M W to 1,174 M W, and Unit 2 from about 1,127 MW to 1,173 MW. Plant output will increase through more accurate means of measuring feedwater flow. The feedwater system pumps water from the condenser to the steam generator. The company said it plans to implement Unit 1’s up-rate at the completion of the spring 2008 refueling outage and Unit 2’s up-rate at the completion of the fall 2008 refueling outage.
For info. http://powereng.hotims.com RS# 18
American Electric Power business unit Appalachian Power received authority from the Public Service Commission of West Virginia to build a 629 MW integrated gasification combined cycle (IGCC) electric generating plant in West Virginia. Regulators granted Appalachian Power a Certificate of Public Convenience and Necessity for the plant, which would be located beside the company’s existing Mountaineer Plant near New Haven, W. Va. The plant’s estimated cost is approximately $2.23 billion.
Four companies have been asked to submit proposals to build new nuclear power plants in Ontario, including AREVA, Atomic Energy of Canada, GE Hitachi Nuclear Energy and Westinghouse Electric Co. Their proposals will be examined by a team including various government ministries, Ontario Power Generation and Bruce Power. The process will also be scrutinized by a review board and a “fairness monitor.”
Progress Energy Florida, a unit of Progress Energy, filed with the Florida Public Service Commission to build two nuclear units. The site, a 3, 100 acre plot in Levy County, was selected by Progress Energy in 2006. If approved and built, the project would be among the first nuclear plants in the country to be constructed on a greenfield site in more than 30 years. The company estimates the total cost of the project to be approximately $14 billion for the two units, plus an additional $3 billion for the necessary transmission facilities.
Black & Veatch reported revenues of $3.2 billion in 2007, an approximate
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