POWERnews [April 14, 2016]

Puerto Rico Utility Moves to Restructure $9B in Debt

A plan to restructure $9 billion in Puerto Rico Electric Power Authority (PREPA) debt—an eighth of the Commonwealth of Puerto Rico’s staggering $72 billion in debt—surfaced at the U.S. territory’s energy regulator, the Puerto Rico Energy Commission last week on April 7.

Work Suspended on Coal Power Plant Following Protests, Nuclear Plant Moves Forward

S. Alam Group has suspended work at the site of a proposed 1,224-MW coal-fired power station in Chittagong, Bangladesh, due to safety concerns following a rally that ended with four…

Peabody, Optimistic About Coal's Future Stability, Seeks Bankruptcy Protection

Financially bruised Peabody Energy Corp.—the world's largest privately owned coal mining firm—is seeking bankruptcy protection. The St. Louis–headquartered company filed for voluntary Chapter 11 protection in a desperate attempt to…

Is EOR a Dead End for Carbon Capture and Storage?

In April’s editorial, “When Technology Tails Wag Power Dogs,” Editor Gail Reitenbach mused about whether the use of captured carbon dioxide (CO2) for enhanced oil recovery (EOR) represents a viable…

House, Senate Subcommittees Pass Energy Appropriations Bills

Subcommittees of the U.S House of Representatives and the U.S. Senate separately advanced appropriations bills that lay out funding priorities for the Department of Energy (DOE) and other energy-related measures…

Video: The Implosion of Part of Duke Energy's Sutton Coal-Fired Plant

After 64 years as a landmark in Wilmington, N.C., one of three boiler units at Duke Energy's retired coal-fired L.V. Sutton Plant crumpled in a dusty heap of contorted steel…