POWERnews [June 15, 2017]

Bankrupt GenOn to Officially Split from NRG Energy

GenOn has begun its transition back into a standalone power generation company after NRG Energy—which acquired it in a $1.7 billion deal just five years ago—struck a comprehensive restructuring agreement…

Toshiba Agrees to $3.68 Billion Deal to Aid Vogtle Nuclear Construction

A nuclear plant construction project in Georgia that is years behind schedule and billions of dollars over budget has been given a lifeline that at least temporarily eases concerns about…

Wind and Solar Cross 10% U.S. Generation Share as Prices for Solar Keep Falling

Marking a significant milestone, power generation from the combined utility-scale and small-scale wind and solar installations in the U.S. surpassed 10% of the nation’s total power generation in March, according…

EPA Head Leaves Climate Summit Early

The administrator of the U.S. Environmental Protection Agency (EPA) reportedly left a Group of Seven summit on climate in Bologna, Italy, after the opening session of the two-day event, just…

Proposed Wisconsin Gas-Fired Plant Would Aid Utilities' Renewable Initiatives

Minnesota Power and Wisconsin’s Dairyland Power Cooperative announced plans to co-develop a combined cycle natural gas–fired power plant, a 550-MW facility designed to provide backup power for the utilities’ efforts…

$28 Million in DOE Funding Available for Advanced Energy Systems R&D

The Department of Energy (DOE) is offering approximately $28 million in cost-shared funding for research and development of advanced energy systems.  According to three separate funding opportunity announcements (FOAs), the…