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Gas
Duke Energy Brings First 820 MW of New Florida Gas Plant Online
Duke Energy has brought the first power block of its new $1.5 billion combined cycle gas plant in Citrus County, Florida, online. Duke said the facility located north of Crystal River—an area long known as home to the now-closed Crystal River Nuclear Plant—is among the largest combined cycle projects in the country, and it is […]
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Renewables
Report: Investments in Coal Risky, Billions in Assets Could Be Stranded
A study from a London-based group focused on financial aspects of the energy industry said up to $60 billion of coal-fired power generation assets may be stranded in Southeast Asia in the next 10 years. The study released this week by Carbon Tracker said renewable energy resources and more-stringent environmental policies make investments in new […]
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Connected Plant
Companies Will Collaborate on Blockchain Tool for U.S. Power Market
A subsidiary of grid operator PJM Interconnection has joined with a Switzerland-based group to build and evaluate a blockchain-based tool to help the U.S. power generation industry. Energy Web Foundation (EWF) and PJM Environmental Information Services (PJM-EIS) on October 25 said they would collaborate on developing and testing a reference implementation of EWF’s open-source Energy […]
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IIOT Power
ServiceMax Launches New Predix ASM Software for Equipment Operators
Proactive equipment maintenance continues to be a priority for power plant operators. ServiceMax, a GE Digital company that provides field service management software, on October 25 announced it has launched its Predix ServiceMax Asset Service Management (ASM), a new offering to help operators “transform their entire asset maintenance process from a break-fix model to a […]
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Renewables
Reports: Trump Administration Supports GE Over Siemens in $15B Iraq Deal
Iraq signed a memorandum of understanding on October 15 to develop power plants in the country with General Electric (GE). The Financial Times on October 18 said the $15 billion deal was brokered after senior officials in the administration of U.S. President Donald Trump warned Iraq that relations with the U.S. would be threatened if Iraq […]
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Coal
West Virginia Coal Plant Will Remain Open Until 2022
FirstEnergy on October 18 said its coal-fired Pleasants Power Station in West Virginia will stay open until June 2022, after earlier announcing the plant would close in January of next year. FirstEnergy spokeswoman Jennifer Young said, “Keeping Pleasants in operation … allows the plant to fulfill current capacity obligations and provides additional time for evaluation […]
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Coal
AEP Will Close Ohio Coal Plant Early
American Electric Power (AEP) this week confirmed it will close its coal-fired Conesville Power Plant in Ohio earlier than originally planned. An AEP spokesperson in an email to media confirmed the plant’s workers were told October 5 that the plant will close by May 31, 2020. AEP said Units 5 and 6 at the plant, […]
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Legal & Regulatory
Nation’s Oldest Independent Coal Producer Files Bankruptcy
Colorado-based Westmoreland Coal Co. on October 9 said it had filed for Chapter 11 bankruptcy, with the company reporting more than $1.4 billion in debt. The company in its annual financial report in April of this year said it was considering bankruptcy in an effort to protect it from creditors. Westmoreland, which has operated for […]
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Legal & Regulatory
Enviros Dispute State Findings on Coal Ash Spill
Environmental officials in North Carolina say their tests show that coal ash released from Duke Energy’s Sutton power plant in Wilmington during flooding from Hurricane Florence has not had a negative impact on the Cape Fear River. The state’s Department of Environmental Quality (DEQ) on October 4 said its test results on water samples collected […]
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Legal & Regulatory
New York Gas Plant Comes Online Despite Opposition
The Valley Energy Center in Orange County, New York, entered commercial operation on October 1 despite complaints from local officials and area residents about noise from the plant, among other concerns. Community members spoke out against the plant at public hearings last week, saying they have felt sick when the plant has undergone test runs […]