Business

In an industry as slow-moving as power generation, where planning horizons are measured in decades and assets can remain in operation for the better part of a century, it’s rare that things happen fast enough to catch anyone by surprise. But that’s exactly what’s happened to the U.S. merchant nuclear business over the past four […]

The second World Nuclear Exhibition was held at a moment in time when the prospects for nuclear power are both tantalizing and frustrating. One thing is clear: The dynamics of the nuclear power industry have changed recently—and so have the solutions proposed for achieving greater certainty. One of the strongest arguments nuclear power has going […]

Deciding to retire a coal-fired unit is often a tough call, but even tougher decisions follow. The next steps taken by a generation owner have multiple economic, environmental, and stakeholder consequences. Since 2000, U.S. generating companies (Gencos) have announced the closure of more than 200 coal-fired power plants, totaling 102 GW of generating capacity. Closures […]

Inexpensive natural gas, increased renewable energy utilization, and ever-tightening environmental regulations have limited the use of waste feedstocks for power generation. But while often dismissed out of hand, with proper planning and understanding of the market, power producers can realize benefits from waste-to-energy projects. It was a tropically hot day at the plant, and it […]

The U.S. nuclear power business is in trouble, and Exelon has six units totaling more than 5,300 MW of dependable capacity on the chopping block. How will the Chicago electricity giant respond? Perhaps by acquiring more nuclear capacity? Chicago-based Exelon Corp., the largest nuclear power generator in the U.S., is facing what could be the […]

UK Abolishes Climate Change Department. As part of the major governmental shakeup triggered by Brexit—the UK’s momentous vote to leave the European Union—newly appointed UK Prime Minister Theresa May

NRG Energy will pay $1 million in penalties, install environmental projects worth another $1 million, and complete costly upgrades under a consent decree it entered into with the state of Maryland to resolve wastewater discharge violations at two coal-fired power plants owned by its subsidiary GenOn. The settlement results from a June 2013 complaint Maryland […]

MidAmerican Energy’s Wind XI project in Iowa, which will comprise up to 2 GW of total generation, has received approval from state regulators to proceed with construction, the company said. The $3.6 billion project will place 1,000 turbines at several sites still to be finalized. Plans were announced in April 2016, and the Iowa Utilities […]

The Sandy Creek coal-fired power plant—a 900-MW facility in Riesel, Texas—won a major victory in court on August 19 when a McLennan County jury agreed that the plant was appraised at a much higher value than justified by market conditions. The appraisal district had suggested the plant be valued at $900 million in 2014 and […]

Industrial gas turbines are increasing in size. As a result of this, repair facilities that overhaul and repair these machines must keep pace. One of the key tools is a large lathe. As one of the leading industrial gas turbine and rotor repair providers in the world, Sulzer has recently upgraded its service center in