Dynegy on Monday said it would sell eight power plants to LS Power, a private equity firm that is a major stakeholder in the Houston-based generation firm. The transaction, estimated at $1.5 billion in cash and stock, is expected to enhance Dynegy’s "strategic and financial flexibility."

Montana last week revoked an air quality permit needed by the Southern Montana Electric (SME) Generation and Transmission Cooperative to build a 250-MW coal-fired power plant east of Great Falls, Mont. The decision was reportedly made at SME’s request.

The Tennessee Valley Authority (TVA) is now looking to build a single reactor at the Bellefonte Nuclear Plant site in Hollywood, Ala., instead of the four reactors for which it had anticipated regulatory approval.

Duke Energy and the China Huaneng Group—among the largest utilities in the U.S. and China—on Monday signed an agreement to discuss and share information to explore a variety of clean energy technologies, especially those that pertain to cleaner coal.

A FirstEnergy Corp. subsidiary has signed an official agreement with federal entities to repower two units at the R.E. Burger coal plant near Shadyside, Ohio, with biomass fuel—making it the largest coal-fired plant in the nation to do so—the U.S. Justice Department and the Environmental Protection Agency (EPA) announced on Tuesday.

U.S. carbon dioxide emissions from fossil fuels dropped 3.2% in 2008 and are projected to fall a further 5% this year, according to the Energy Information Administration (EIA). Emissions from coal will account for more than a half of this decline.

The UK should look to supply some 35% to 40% of its electricity needs with nuclear energy by 2030 to ensure energy security and cut carbon emissions, finds a recently released report that had been commissioned by the government.

By Kennedy Maize When Congress comes back to D.C. after Labor Day, it will face important strategic decisions, as will the Obama administration and the Democratic leadership. In particular, they will face the decision whether to focus on health care legislation or energy policy. I’m betting heavily on health care. I suspect that the administration’s […]

The Department of Energy (DOE) announced last week that it would make available an additional $30 billion in loan guarantees for renewable energy projects. At the same time, it pledged another $750 million in subsidy costs to support projects that increase the reliability, efficiency, and security of the national grid.

Italy’s Enel and Electricité de France (EDF) on Monday sealed a €16 billion deal to jointly develop feasibility studies for the construction of at least four advanced third-generation EPR units in Italy—a country that recently reversed a 21-year-old ban on nuclear power.