Business

Increased use of less-expensive natural gas and renewable sources of energy for power generation is putting financial pressure on U.S. nuclear power plants, according to an analysis of electricity costs from Bloomberg New Energy Finance (BNEF). Nicholas Steckler, an analyst for BNEF, in a June 14 report said nuclear operators are losing about $2.9 billion […]

GenOn has begun its transition back into a standalone power generation company after NRG Energy—which acquired it in a $1.7 billion deal just five years ago—struck a comprehensive restructuring agreement with GenOn’s creditors, and GenOn filed for Chapter 11 protection. A June 14 financial filing confirms that NRG, GenOn, and an ad hoc group of […]

Mississippi Power’s Kemper County integrated gasification combined cycle (IGCC) project is now expected to be in service by the end of June, but the company expects it will need post in-service improvements. It also said timing of when it will file a case to address the recovery of costs not currently reflected in rates is uncertain. […]

Kansas City Power & Light Co. (KCP&L) plans to retire five coal-fired generating units at two stations by the end of next year. It will also close, by December 31, 2019, a unit that was just converted from coal to gas last year. The decision is part of “the company’s commitment to a sustainable energy […]

Southern Co. announced yet another lag beyond a new in-service date for its Kemper County integrated gasification combined cycle (IGCC) project. Along with concerns about delays and mounting cost increases afflicting the plant’s coal gasification component are how it will be used in the face of cheap gas prices. The company’s subsidiary Mississippi Power last […]

In May, GE’s Power Services and Ansaldo Energia separately completed initial validation of two gas turbines designed for high efficiency and flexibility: the 9EMax and the GT36. GE also announced first fire

India Joins IEA as an Association Country. India joined the International Energy Agency (IEA) as an association country on March 30, marking a significant move for the country into global energy affairs. The

The English Supreme Court is due to hear an appeal on the long-running dispute in connection with the Robin Rigg Offshore Wind Farm. The decision promises to be significant for the offshore wind industry, its

A lot of different methods are available to encourage compliance with company policies and regulations, but some are more effective than others. One that has worked well for GE and its customers inspires

The human brain is an amazing thing, but it has limitations. However, with the advent of machine learning, the limitations of the human brain no longer have to be the limitations of civilization. Machine