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Renewables
NRG Energy to Reorganize, Seeds New Renewables Company
NRG Energy has embarked on a “reset” that will see a separation of its core distributed generation and fossil fuel businesses. The company, headquartered in Princeton, N.J., wants to “simplify” NRG Group to cut down expenses and debt. In a transition that will begin now and be fully effective on Jan. 1, 2016, it will separate […]
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POWER news—Sept. 16, 2015
Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide Storage Is Key to CSP’s Future, CEOs Say The global concentrating solar power (CSP) sector, criticized by some observers for high costs and uncertain technology, is poised for significant growth and a key role in the power mix—provided markets are structured […] -
Renewables
Calpine’s Geothermal Facilities Devastated in California Blaze
Parts of Calpine Corp.’s The Geysers geothermal power complex have been severely damaged by a wildfire that has incinerated swathes of California. One of the world’s largest geothermal facilities, the 725-MW Geysers complex sits on 45 square miles of land along the border of Sonoma and Lake Counties in Northern California. Calpine said at least […]
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Gas
Entergy’s FitzPatrick Reactor May Be Next Nuclear Casualty
Entergy’s 850-MW James A. FitzPatrick nuclear plant located near Oswego, N.Y., may be the next reactor doomed to close on profitability woes. Entergy’s CEO Leo Denault told attendees at the Barclays CEO EnergyPower Conference on Sept. 10 that the company will need to decide by the end of this year whether to go forward with […]
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Coal
Duke Energy to Shutter Three Coal Units, Resolve Drawn-Out Clean Air Act Lawsuit
Duke Energy has settled a 15-year-old lawsuit for allegedly violating the Clean Air Act when it made modifications at 13 coal-fired power units in North Carolina. The Environmental Protection Agency’s (EPA’s) and the Department of Justice’s (DOJ’s) original case filed in 2000 focused on 25 Duke Energy coal units. As it has in more than […]
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Legal & Regulatory
Emergency Stay of EPA’s Clean Power Plan Denied by Federal Court
The U.S. Court of Appeals for the D.C. Circuit on Wednesday rejected a request by 15 U.S. states to stay the Environmental Protection Agency’s (EPA’s) Clean Power Plan. In a one-page order, the three-judge panel dismissed the request filed on Aug. 13 by a coal company and the coalition of states led by West Virginia’s […]
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POWER news—Sept. 9, 2015
Don't miss these POWER magazine resources: Post Jobs | View Jobs | Buyers' Guide GE Clears Final Hurdles for Acquisition of Alstom European Union (EU) officials have approved General Electric's (GE's) $9.5 billion acquisition of Alstom's power business, but conditions to which the two companies agreed to cement the deal will drastically reshape the world’s […] -
Nuclear
NRC Scraps Study to Determine Cancer Risks in Populations Living Near Nuclear Plants
The Nuclear Regulatory Commission (NRC) has dropped a study begun in 2010 to determine cancer risks in populations near U.S. nuclear power facilities. Continuing the work was “impractical, given the significant amount of time and resources needed and the agency’s current budget constraints,” the regulatory body said. The study that was being conducted by the […]
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Renewables
India Approves National Offshore Wind Energy Policy
A new policy approved by India’s cabinet will simplify its foray into offshore wind power, says a key stakeholder. The National Offshore Wind Energy Policy approved by the Prime Minister Narendra Modi’s Union Cabinet on Sept. 9 designates the Ministry of New & Renewable Energy (MNRE) as the nodal ministry for use of offshore areas […]
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Renewables
GE Clears Final Hurdles for Acquisition of Alstom
European Union (EU) officials have approved General Electric’s (GE’s) $9.5 billion acquisition of Alstom’s power business, but conditions to which the two companies agreed to cement the deal will drastically reshape the world’s heavy-duty gas turbine market. The European Commission, the 28-country union’s executive body, granted its approval to the much-watched proposed merger, but only […]