Stricken by falling orders for large gas turbines, global technology conglomerate Siemens AG is reportedly moving to downsize its Power and Gas segment. The changes may include closure or sale of major sites globally and result in thousands of job cuts. The company will likely embark on a reorganization plan this November that could result […]

More than 300 solar employees laid off this summer following a recent surge of U.S. photovoltaic (PV) panel imports may be eligible for federal entitlement, including income support and allowances, the Department of Labor (DOL) has determined. In petitions for Trade Adjustment Assistance filed with the DOL’s Employment and Training Administration by laid-off solar workers […]

SCANA Corp., already under federal and state scrutiny for how it handled the now-abandoned V.C. Summer nuclear expansion, has been served with a document subpoena by the U.S. Securities and Exchange Commission (SEC). SCANA said in a news release that it intends to fully cooperate with the investigation of the nuclear project. The development follows […]

Vistra Energy moved to halt a financial hemorrhage stemming from unprofitable conditions in the Electric Reliability Council of Texas (ERCOT), announcing plans to shutter two more coal-fired power plants—the 1.1-GW Sandow Power Plant (which includes a 2009-built unit) and the 1.2-GW Big Brown plant—in early 2018. The company’s decision made public on October 13 comes on […]

October 12, 2017 Monticello Goes Under, More Coal and Nuclear Imperiled in Texas   A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price… Read More Monticello Goes Under, More Coal and Nuclear Imperiled in […]

The Netherlands, a country that recently commissioned three state-of-the-art coal plants and has been reluctant to close them, on October 10 moved to phase out coal power by 2030. Meanwhile, the UK and Canada this week jointly urged other nations to drop coal from their power profiles. The countries are part of a growing list […]

A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price environment” will force it to retire a 1.9-GW coal-fired power plant operating in the Texas market. The plant’s economic woes suggest a larger swath of […]

October 5, 2017 [UPDATED] DOE to FERC: Force Competitive Markets to Value Coal and Nuclear Resiliency, Reliability Attributes A rule proposed by the U.S. Department of Energy (DOE) on September 29 directs the Federal Energy Regulatory Commission (FERC) to mandate that competitive power markets develop and implement market rules… Read More Meeting Production, Compliance and Environmental […]

Siemens has launched a new direct-current (DC) transmission system for alternating current (AC) grids of between 30 kV and 150 kV. The medium-voltage system that can bridge distances of up to 125 miles is designed to help grid entities handle ever-growing volumes of power fed into the distribution system from distributed and renewable power. The […]

The Federal Energy Regulatory Commission (FERC) set a three-week window for comment on the proposed Department of Energy (DOE) grid resiliency rule that 11 power trade groups—representing natural gas, wind, solar, public power, and power consumers—worry could have serious ramifications for competitive markets because it favors coal and nuclear. The groups filed a joint motion on […]