POWERnews [Nov. 9, 2017]

Exelon Subsidiary Files Bankruptcy; Lenders Would Take Over Four Plants

ExGen Texas Power (EGTP) Holdings LLC and ExGen Texas Power LLC, a subsidiary of Exelon Corp., on November 7 filed for Chapter 11 bankruptcy. The filing in U.S. Bankruptcy Court…

Exelon Subsidiary Files Bankruptcy; Lenders Would Take Over Four Plants

ExGen Texas Power (EGTP) Holdings LLC and ExGen Texas Power LLC, a subsidiary of Exelon Corp., on November 7 filed for Chapter 11 bankruptcy. The filing in U.S. Bankruptcy Court…

Babcock & Wilcox Will Cut 30% of Renewable Workforce on Profitability Woes

Babcock & Wilcox Enterprises Inc. (B&W), which is already in the midst of a restructuring plan and ongoing cost controls, will slash 30% of its renewable energy workforce and implement…

How Eight Major Power Companies Are Dealing with Market Turmoil

Dynegy Inc.’s pending merger with Vistra Energy will create a company of a significant diversification and scale designed to weather volatile markets. Over the past year, at least eight other major…

India Launches Probe of Power Plant Blast; Death Toll at 36

India’s Power Ministry has established a committee to investigate the November 1 explosion at NTPC’s thermal power plant in Unchahar. The death toll from the blast is at 36, and…

House Proposed Tax Bill Ends Wind PTC, Extends Nuclear Credit

The U.S. House of Representatives on November 2 proposed a tax bill that would phase out the wind energy production tax credit (PTC), extend a tax credit for the nuclear…

Missouri Utility Closing Coal Plant, Adding Wind Generation

A Missouri utility has filed an application with the state’s Public Service Commission (PSC) to build a $1.5 billion wind power project and accelerate the closure of a coal-fired power…

Public Outreach Is Needed to Gain Support for the Nuclear Power Industry

The nuclear power industry has been a tremendous asset to the world for decades. Yet, when the word “nuclear” is spoken, bombs are what first come to many peoples’ minds.…