Archive: Coal

PJM_Auctionresults_May2017

PJM Auction Signals Trouble for Nuclear, Coal, and Even Renewables

Two nuclear plants owned by Exelon Corp. in Illinois and Pennsylvania failed to clear PJM Interconnection’s latest annual capacity auction, putting one of those financially crippled units at risk of early retirement. Meanwhile, procurements for solar, wind, and demand response fell dramatically compared to last year, and drastic price declines could roil the market for […]

Clean Power Plan

Trump Administration Releases Budget Slashing Energy Research

President Donald Trump wants to balance the federal budget in 10 years, and it appears he believes that to do so, deep cuts to the nation’s energy research funding are needed. The administration’s fiscal year 2018 (FY18) budget request, released Tuesday, May 23, cuts funding for the Department of Energy (DOE) by $1.7 billion, a […]

sulzer_ts_pic1

Sulzer Service Solutions

Sulzer is the leading worldwide, independent service provider for the repair and maintenance of large rotating machines including turbomachinery, pumps and electro-mechanical equipment. With a global network of technically advanced remanufacturing and test facilities, Sulzer offers a collaborative advantage that delivers high-quality, cost-effective, customized and turnkey solutions, providing its customers with the peace-of-mind to focus

PWR_040115_SafetyRetire_Fig2

Virginia Governor Orders Power Plant Carbon Regulations 

Virginia’s governor has directed the commonwealth’s environmental quality agency to establish regulations to curb its carbon emissions from power plants via a carbon trading scheme by the end of this year.  Executive Directive 11 signed by Gov. Terry McAuliffe (D) on May 16 instructs the Department of Environmental Quality to develop a proposed rule to […]

DTE Joins Growing Number of Power Companies with Carbon Goals

Detroit-based DTE Energy wants to slash its carbon emissions by more than 80% from 2005 levels by 2050, a reduction it said is in line with broad targets identified by scientists to address climate change.  The company said on May 16 that it plans to substantially increase investments in renewables, transition its baseload capacity from […]

PWR_010114_Shale_Fig1

Report: Cheap Natural Gas Poised to Roil PJM Power Market

The flood of cheap Marcellus Shale gas driving massive construction of new natural gas power generation capacity could wreak havoc in the PJM power market, Moody’s Investors Service suggests in a new report. Two of the nation’s largest power markets, Texas and California, already pose a “distressed environment” for unregulated power companies owing to declining […]

Trude at TCM

Norwegian CCS Boss: CCS is not BS

Sitting on a panel during the Bloomberg New Energy Finance Summit in New York City on April 24, Michael Bloomberg proclaimed that carbon capture and storage (CCS) is “total bullshit.” That statement was not received well by Trude Sundset, CEO of Gassnova, Norway’s state enterprise for the development of CCS. “There’s a whole new world […]

Gullies in the coal ash pond at the Duke Energy Dan River Steam Station show where coal ash flowed towards the Dan River beyond the far berm.(John D. Simmons/Charlotte Observer/MCT)

EPA Guidance on State Coal Ash Permit Programs Is Coming, Pruitt Says

The Environmental Protection Agency (EPA) has announced it is working on guidance to give states the flexibility in implementing programs for the management of coal combustion residuals (CCR) disposal. In an April 28 letter to state governors, EPA Administrator Scott Pruitt described the agency’s steps to implement a “new authority” for authorizing state CCR management […]

The George Meade Memorial located in front of the E. Barrett Prettyman Federal Courthouse in Washington, D.C. Courtesy: AgnosticPreachersKid/ Licensed under CC BY-SA 3.0 via Wikimedia Commons

D.C. Circuit Halts Clean Power Plan, Mercury Rule Litigation

In two separate actions over the past 24 hours, the D.C. Circuit granted the Environmental Protection Agency’s (EPA’s) request to suspend cases challenging the Clean Power Plan and the Mercury and Air Toxics Standards (MATS).   The orders are the latest in a series of similar actions over the past month by the D.C. Circuit that […]

The Zimmer Power Station in Moscow, Ohio.

[UPDATED] Dynegy Rethinks Illinois Ventures Amid Market Turmoil

As Dynegy moved this week to assume full ownership of two struggling Ohio coal plants it co-owns with AES Corp. subsidiary DPL Inc., the company’s CEO reportedly said it is mulling withdrawing its presence from downstate Illinois owing to the state’s intervention to keep its nuclear plants running. Dynegy CEO Robert Flexon told Crain’s Chicago Business […]