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Press Releases
Wärtsilä enters solar energy business
Wärtsilä is entering the solar energy business by offering utility-scale solar photo-voltaic (PV) solutions. The new solutions include solar PV power plants of 10 MW and above, and hybrid power plants comprising solar PV plants and internal combustion engines. Both solutions are offered with full engineering, procurement and construction (EPC) delivery. Wärtsilä’s first solar project […]
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POWERnews—April 21, 2016
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide Supreme Court Strikes Down Maryland Power Plant Subsidies In a unanimous ruling, the U.S. Supreme Court upheld a lower court decision that a program Maryland initiated in 2012 to subsidize power plant construction impermissibly invaded the Federal Energy Regulatory […]
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Renewables
Five Takeaways From the ELECTRIC POWER Executive Roundtable
Executives from power companies operating in different markets revealed how their firms are being affected by low natural gas prices, pressures to achieve fuel diversity, distributed energy generation, and lax demand growth, among a number of topics. The annual executive roundtable panel at the ELECTRIC POWER Conference and Exhibition on April 19 was moderated by […]
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Renewables
Environmental Experts Underscore Clean Power Plan Uncertainty
Even if the Clean Power Plan (CPP) doesn’t overcome legal challenges, it is likely that many states will implement carbon-curbing measures set down by the rule, some panelists said at the Environmental Mega Session at the ELECTRIC POWER 2016 conference in New Orleans on April 19. The Rule’s Shaky Legal Standing The rule is […]
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Legal & Regulatory
[UPDATED] EPA Stands Ground on MATS with Final Cost Consideration
Public benefits offered by the Mercury and Air Toxics Standards (MATS) far outweigh the costs, the Environmental Protection Agency (EPA) said as it released a review of the 2012-finalized rule’s cost implications. The final cost consideration—released just days before power plants that received a one-year extension must come into compliance with the rule—was prompted by […]
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POWERnews—April 14, 2016
Power News Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide Puerto Rico Utility Moves to Restructure $9B in Debt A plan to restructure $9 billion in Puerto Rico Electric Power Authority (PREPA) debt—an eighth of the Commonwealth of Puerto Rico’s staggering $72 billion in debt—surfaced at the U.S. territory’s […]
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Renewables
Peabody, Optimistic About Coal’s Future Stability, Seeks Bankruptcy Protection
Financially bruised Peabody Energy Corp.—the world’s largest privately owned coal mining firm—is seeking bankruptcy protection. The St. Louis–headquartered company filed for voluntary Chapter 11 protection in a desperate attempt to strengthen liquidity and reduce debt amid what it says has been an “unprecedented industry downturn.” It filed petitions for most of its U.S. entities in […]
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Press Releases
GE Recently Acquired Boiler Technology to Help Pakistan Meet Power Demand with Domestic Coal
BADEN, SWITZERLAND—April 11, 2016—Today, GE (NYSE: GE) announced a deal with China Machinery Engineering Corp (CMEC) to supply two 330-megawatt (MW) boilers to Engro Powergen Thar (Private) Limited, CMEC’s joint venture with Pakistan companies for the Thar Block II Power Plant. The deal will support Pakistan’s move to use its ample coal reserves in the […]
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Coal
Video: The Implosion of Part of Duke Energy’s Sutton Coal-Fired Plant
After 64 years as a landmark in Wilmington, N.C., one of three boiler units at Duke Energy’s retired coal-fired L.V. Sutton Plant crumpled in a dusty heap of contorted steel and splintered glass on April 10. The implosion is the first of three similar events to take place at the Sutton Plant. The next is […]
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FPL Commissions Port Everglades Next Generation Clean Energy Center
FORT LAUDERDALE, Fla., April 11, 2016 /PRNewswire/ — Florida Power & Light Company (FPL) today formally commissioned its Port Everglades Next Generation Clean Energy Center – the third in a series of such facilities powered by American-produced natural gas. As was the case with the company’s Next Generation Clean Energy Centers at Riviera Beach and Cape Canaveral, the Port Everglades facility […]