Archive: Markets

Courtesy: Creative Commons / JWut89LA

GenOn Energy to Retire Three California Gas Plants

In a move that demonstrates how difficult current market conditions are, even for some natural gas-fired facilities, GenOn Energy—a subsidiary of NRG Energy—said it will shutter three California gas-fired power plants for economic reasons. The company notified the California Public Utilities Commission and California Independent System Operator (CAISO) in letters dated February 28 that it […]

A panel at CERAWeek by IHS Markit on March 7, 2018, discussed the role of coal and gas in American power. From left to right: Jim Thompson, IHS Markit; Paul Bailey, ACCCE; David Ownens, TVA; David Khani, CONSOL Energy; and Samuel Andrus, IHS Markit. Source: POWER

Experts: Warfare Between Coal and Gas Is Nonexistent

Markets may currently favor natural gas, but coal, which has been diminished for “good reason,” will likely have a significant place as a reliable fuel for power generation, a diverse panel of U.S. coal experts—including a generator, a supplier, and a market analyst—suggested at CERAWeek by IHS Markit in Houston on March 7. Coal lost […]

Public Service Co. of New Mexico (PNM) closed Unit 2 and 3 of the four-unit San Juan Generating Station (SJGS) near Farmington, New Mexico, in December 2017. Unit 2 came online when the plant opened in 1973 and is the oldest unit at San Juan. Unit 3 began operation in 1979. The shutdown of these two units will result in the reduction of energy generation of approximately 836 MW. PNM plans to replace the loss in generation with a diverse mix of increased renewable energy, existing nuclear power, natural gas generation, and increased power capacity from Unit 4. 

Courtesy: Kip Malone/PNM

More Coal and Nuclear Can Replace Retired Generation, State Supreme Court Rules

The Supreme Court for the state of New Mexico affirmed a final order by state regulators to allow Public Service Company of New Mexico (PNM) to replace lost generation from two shuttered units at its 1,800-MW coal-fired San Juan Regional Generation Station with coal and nuclear resources. The case stems from a petition filed by […]

Stock_FERC Bldg_[FERC]

FERC Finds No Evidence of Gas Withholding in New England

No evidence exists that New England local gas distribution companies engaged in practices to withhold natural gas pipeline capacity on the Algonquin system to drive up gas or power prices in the region, Federal Energy Regulatory Commission (FERC) staff revealed. FERC on February 27 closed an inquiry after conducting an “extensive review” of the allegations—which […]

Part of the Desert Sky Wind Farm off I-10 in Texas. Desert Sky Wind Farm is a 160.5 megawatt wind power station located near the far West Texas town. Source: Wikimedia Commons

ERCOT Anticipates Summer Supply Crunch Amid Unit Retirements

The recent retirement of older generating units and high peak usage owing to economic growth could tighten operating reserves in the region served by the Electric Reliability Council of Texas (ERCOT) this summer. The grid operator said on March 1 that total resource capacity for the upcoming summer (spanning June through September 2018) is expected […]

When completed, the 36 megawatt frequency regulation project will increase the total ESS capacity delivered by Kokam to South Korean utility KEPCO to 92-megawatts

Can C&I Customers Lead the Energy Storage Revolution?

The private sector is traditionally known as a driver of innovation, so it may be surprising to some people that many businesses have only recently begun to consider advanced energy technologies. Looking at

Splash_Gallatin coal power plant_web

Coal Rebound Is Vital to Local Economies

In President Trump’s State of the Union address, he said, “We have ended the war on American energy, and we have ended the war on beautiful, clean coal.” It’s safe to say that things have gotten better

Muscatine (Iowa) Power and Water coal-fired power plant

POWER Digest [March 2018]

ABB Receives Contract to Upgrade, Expand Combined Cycle Plant. A consortium including Doosan Heavy Industries and state-owned construction company PT Hutama Karya has awarded a $40 million contract to ABB to


GE Embarks on Plan to Keep Power Unit Competitive

GE has launched a three-part strategy to address a dismal outlook for its power division that will involve operating in a “leaner, more cost-efficient way,” the company’s head told investors in a February 26 letter. The multinational conglomerate’s long-standing and lucrative GE Power business unit’s earnings plunged 45% in 2017 owing to costly operational misses […]