Business

Banking on natural gas as it moves away from coal, the European Union (EU) in September adopted new rules that require member states to help neighbors affected by supply disruptions.  The new rules adopted by

As the sole nuclear generator in the hydro-rich Pacific Northwest region, the Columbia Generating Station’s mission to provide safe, reliable, cost-effective, and carbon-free power has never been more

The PJM Interconnection, the largest regional transmission operator in the U.S., faces many problems: adapting to state policies designed to skew power markets in the face of natural gas and renewable

Predictive analytics software offers many benefits when appropriately selected. However, finding the best solution for a given situation can be tricky. The tips provided here could help power companies avoid

Ugandan officials said they want to double the country’s installed power generation capacity over the next two years, primarily with the construction of hydropower projects. However, those same officials

Dynegy Inc.’s pending merger with Vistra Energy will create a company of a significant diversification and scale designed to weather volatile markets. Over the past year, at least eight other major power companies have embarked on various strategies to guard against distress in unregulated markets. Duke Energy. Three years ago, Duke Energy announced it would move away from organized […]

To strengthen balance sheets and thwart market woes afflicting generators in competitive markets, Dynegy Inc. and Vistra Energy will merge, creating a company that is projected to have a value greater than $20 billion. Dynegy, which operates a power plant fleet of 27 GW, will merge into Vistra Energy, the parent company of TXU Energy […]

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 […]

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 […]