Estimate: Economy will grow by 1.5 percent in 2014
The Congressional Budget Office said Wednesday that they expect the U.S. economy will grow by just 1.5 percent in 2014, in part because of a poor performance during the first three months of the year.
CBS News – 8/27/2014
Investment in high voltage transmission systems to exceed $250 billion
Cumulative investment in high-voltage transmission systems will surpass $250 billion from 2014 to 2023, according to a report from Navigant Research.
Utility Products – 8/14/2014
Work on TVA's Watts Bar reactor more than 90 percent complete
The Tennessee Valley Authority is moving forward with its plan to get the biggest share of its electricity generation from nuclear power in the future.
timesfreepress.com – 8/13/2014
Red Rock Dam to get 55 MW of hydropower capacity
A South Dakota-based not-for-profit utility company is breaking ground on a $260 million project to add hydroelectric power generation to the Red Rock Dam.
Utility Products – 8/13/2014
Christie OKs $1.3B in water plant protection
New Jersey's critical water and sewer plants will get nearly $1.3 billion in upgrades and storm protection measures under a bill signed Monday by Gov. Chris Christie.
NorthJersey.com – 8/11/2014
L.A. Faces $15 Billion Bill as Pipes Spring Leaks
From buckling sidewalks to potholed thoroughfares to storm drains that can't handle a little rain, the infrastructure that holds the second-largest U.S. city together is suffering from years of deferred maintenance.
Bloomberg – 8/10/2014
New wind build tops 830 MW so far in 2014, with more than 14 GW under construction
The U.S. wind industry rebounded during the first half of 2014 with 835 MW of new installed capacity, a dramatic jump from the 2 MW that came online during the same period a year ago when the industry was hobbled by the late extension of the federal production tax credit.
SNL – 8/8/2014
The Export-Import Bank is NOT a subsidy
Opponents of reauthorizing the Export-Import (Ex-Im) Bank of the United States have been vocal in claiming that the bank distorts international trade and is a subsidy for U.S. businesses. The reality is the opposite.
CNBC – 8/7/2014
Transmission and distribution infrastructure investment to reach $198 billion by 2024
Over the next decade, the world will need to invest between $140.2 billion to $170.5 billion per year on traditional transmission and distribution (T&D) infrastructure in order to keep pace with growth in electricity demand.
Utility Products – 8/6/2014
Promises of easier nuclear construction fall short
The U.S. nuclear industry has started building its first new plants in decades using prefabricated Lego-like blocks meant to save time and money and revive the once promising energy source. So far, it's not working.
mySA – 7/26/2014