4.4% inflation rate in January a ‘positive development’ — Gatchalian

Credit to Author: jespinosa| Date: Tue, 05 Feb 2019 06:54:18 +0000

4.4% inflation rate in January a 'positive development' — Gatchalian

Senator Sherwin Gatchalian described as a “positive development” the country’s inflation rate which slowed down at 4.4 percent in the first month of 2019.

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Colstrip Power Plant Threatened by Westmoreland Bankruptcy

Credit to Author: Aaron Larson| Date: Wed, 30 Jan 2019 19:40:29 +0000

The Colstrip Power Plant, a four-unit, 2,094-MW coal-fired station located about 100 miles east of Billings, Montana, could see its coal supply contract nullified as a result of Westmoreland Coal Co.’s Chapter 11 bankruptcy reorganization. Westmoreland operates the 25,000-acre Rosebud coal mine, among others. Rosebud is adjacent to the Colstrip plant and supplies almost all […]

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Facing Urgency, DOE Moves to Demonstrate HALEU Fuel Production Capability for Advanced Nuclear Reactors

Credit to Author: Sonal Patel| Date: Thu, 10 Jan 2019 14:30:33 +0000

To propel interest and bolster development of advanced nuclear reactor designs, the Department of Energy (DOE) will demonstrate—by October 2020—the production of high assay low enriched uranium (HALEU) fuel in a first-of-its-kind $115 million project at the agency’s uranium enrichment facility in Piketon, Ohio.  HALEU is nuclear fuel that is enriched to a higher degree […]

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Poe appeals to retail stations not to take advantage of fuel tax hike

Credit to Author: eestopace| Date: Thu, 10 Jan 2019 08:54:10 +0000

MANILA, Philippines — Senator Grace Poe on Thursday appealed to retail stations not to use the implementation of the second tranche of fuel excise taxes on petroleum products to take advantage and jack up prices. Poe, chair of the Senate committee on public services, issued the statement after the Department of Energy (DOE) announced that […]

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DOE: 444 retail stations start implementing second tranche of Train law

Credit to Author: lalos| Date: Thu, 10 Jan 2019 06:38:13 +0000

The Department of Energy announced that 444 retail stations are now imposing the second round of excise taxes under the Train law.

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Governor to TVA: Keep Paradise Coal Unit Open

Credit to Author: Aaron Larson| Date: Wed, 09 Jan 2019 19:50:07 +0000

In a letter addressed to Tennessee Valley Authority (TVA) CEO Bill Johnson, Kentucky Gov. Matthew G. Bevin said it “would be a huge mistake” to permanently shut down Paradise Unit 3—the last operating coal unit at the Paradise site in Muhlenburg County, Kentucky. According to the governor, “the impact on our economy and our region’s […]

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10 Takeaways from the IEA’s Newest World Energy Outlook

Credit to Author: POWER| Date: Wed, 02 Jan 2019 04:59:00 +0000

The International Energy Agency (IEA) deemed growth and disruptions of the world’s power sector so significant to the future of energy, it dedicated—for the first time—a four-chapter “special focus”

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