Business

Everyone loves to be identified as a top performer. In power generation, our plants strive for increased availability and reduced forced outages. We measure performance indicators (metrics), report them to the Generating Availability Data System (GADS), and benchmark ourselves against similarly designed power plants. And just when we think we are sitting pretty, we deal […]

NRG Energy will buy nearly 8,000 MW of generation capacity across the U.S. from bankrupt power firm Edison Mission Energy (EME) for $2.6 billion. The company entered into a plan sponsor agreement to acquire almost all EME’s assets, including EME’s generation portfolio and Edison Mission Marketing and Trading, a proprietary trading and asset management platform. […]

The San Onofre Nuclear Generating Station (SONGS) has gone cold for good, but the dispute between Southern California Edison (SCE) and Mitsubishi Heavy Industries (MHI) over who’s responsible for the ill-fated steam generator replacement that led to the plant’s retirement is starting to heat up. On October 7, SCE president Ron Litzinger “formally demanded” that […]

Following up on a similar decision in Maryland last month, a federal court threw out New Jersey’s attempt to spur construction of new power plants outside of PJM’s capacity auctions, saying that it was an unconstitutional state attempt to interfere with the wholesale power market. New Jersey’s Long-Term Capacity Pilot Project (LCAPP), enacted in 2011, […]

Though a stalemate on the federal budget endures in Congress, and the federal government continues to be partially shut down, the Supreme Court began its new term on Oct. 7 by announcing that it had accepted two cases seeking a review of the invalidated Cross State Air Pollution Rule (CSAPR). The two CSAPR cases, EPA, […]

In the past two years, roughly half of U.S. coal production was attributable to the top four coal producers, the result, according to the U.S. Energy Information Administration (EIA), of changes in regional production as well as decades-long trends that have seen the several mergers and acquisitions. Peabody Energy Corp., Arch Coal Inc., Alpha Natural […]

“Abnormally wet weather” and “lower-than-planned construction labor productivity” have forced Mississippi Power to push back commercial startup of its integrated coal gasification combined cycle (IGCC) project in Kemper County, Miss., to later in 2014 from the originally scheduled in-service date of May 2014. The company said in a stock filing on Tuesday that it would […]

The cost of producing electricity by natural gas and coal finished 2012 in a dead heat and future cost trends are very difficult to predict. One can read the projections (not predictions) by the U.S. Energy Information Administration and find evidence that coal is disadvantaged based on the rising cost of environmental compliance but the […]

A report issued on Friday, Sept. 27 by a working group of the Intergovernmental Panel on Climate Change (IPCC) essentially confirms the conclusions drawn by previous reports that human activities, especially the burning of fossil fuels, are largely responsible for climate change. Working Group 1’s “Contribution to the IPCC Fifth Assessment Report Climate Change 2013: […]

A federation of Germany’s biggest companies last week called for urgent reforms to the country’s renewable energy strategy within the first 100 days of Chancellor Angela Merkel’s newly elected government, including abolishing feed-in-tariffs (FITs) that they say have sent power prices in the country soaring. Key points of the 19-page reform proposal submitted by the […]

Southeast Asia, with an increasingly affluent population of 600 million, must kick investment in the power sector into the next gear to meet expected demand for electricity. Download the report.

Many utilities have taken advantage of relatively low-cost natural gas to address environmental pressures and upgrade their power generation portfolio in one of three distinct ways—replace, repower, or

Energy-hungry India’s power sector is financially hemorrhaging due to a number of critical issues relating to the availability of coal and gas, its loss-making state power distribution companies, and costly

Pressures on competitive power markets have fueled substantial declines in plant valuations over the past five years, with coal plants taking the brunt of the damage. That’s the conclusion of a new report from financial services firm Fitch Ratings released on Wednesday. The report, which calculated the net present value of plants across the country […]

POWER Associate Editor Sonal Patel reported on Sept. 12 that “nearly 100 renewable energy and environmental groups and businesses have asked the Energy Information Administration (EIA) to reevaluate renewable energy forecasts, alleging the agency’s projections don’t reflect ‘the current status and recent, real-world growth rates of renewables.’” The EIA forecasts are presented in its Annual […]

A compromise offered by the Solar Energy Industries Association (SEIA) on Monday to resolve a worsening trade dispute between U.S. and Chinese solar industries proposes the creation of a Chinese fund to help grow the U.S. market and safeguards to offset surges of Chinese solar modules. The move comes as Chinese provisional anti-subsidy duties on […]

Norway’s government on Friday terminated a full-scale project to capture carbon dioxide at the Mongstad refinery on the country’s western coast, citing high risks connected to the facility. It will be replaced with a carbon capture and storage (CCS) program that is designed to “realize” other full-scale CCS projects in the country. Norwegian energy firm […]

China’s historical solar photovoltaic (PV) price advantage is driven by economies of scale and supply chain development—not direct government subsidies or low labor costs, as is the prevailing belief—suggests a new study from the Department of Energy’s National Renewable Energy Laboratory (NREL) and the Massachusetts Institute of Technology (MIT). The study recently published in the […]

The Department of Energy on Wednesday conditionally authorized Dominion Cove Point LNG, LP to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA), marking the fourth order allowing non-FTA LNG exports. The orders authorizes Dominion Cove Point LNG to export 0.77 billion cubic feet of natural […]

The revolution that has toppled coal from the top of the generating queue in the U.S. has not reached the rest of the world, according to the “BP Statistical Review of World Energy.” While natural gas may have supplanted coal as king of the hill in the U.S. electric generating mix, the solid mineral—geographically the […]

Linde Group, an international industrial gases firm based in Munich with a U.S. home in New Jersey, is an unusual beneficiary of the U.S. shale gas revolution. The company has developed technology using the industrial gases it can produce in copious quantities, to reduce some of the environmental objections to developing shale gas wells. Linde […]

Looking Out for Shale Gas Labor Issues The Houston Chronicle reports that the U.S. Department of Labor is closely watching how shale gas producers protect their laborers from workplace accidents and injuries. They suspect violations of the Fair Labor Standards Act on hours of work and overtime pay. The gas industry’s critiques say the companies […]

In a welcome development almost no one saw coming, America’s greenhouse gas emissions have fallen to 1992 levels and are expected to continue to decline, according to the U.S. Energy Information Agency (EIA). In addition to a sluggish economy and more fuel efficient cars, “fracking” has been a big driver of this trend. “Fracking” is shorthand for […]

The shale gas revolution has so far been a U.S. phenomenon. But hydrocarbon-containing Devonian shale formations are far from a U.S. or even North American phenomenon. Geologic forces didn’t follow political boundaries in the Devonian period 400 million to 300 million years ago. Indeed, the continents then were not where they are today by large […]

Duke Energy will retire four coal units and possibly two oil-fired units under terms of a settlement reached between the company and four citizen and environmental groups over outstanding air permits for the company’s Edwardsport Integrated Gasification Combined Cycle (IGCC) project. The agreement resolves a long-standing dispute over air permits for the now-operational IGCC plant […]

  If you’ve seen U.S. coal industry executives casting wistful glances across the Atlantic recently, there’s a reason. In the U.S., natural gas is enjoying a boom unseen in decades, perhaps ever. New production from shale should make the country a net exporter within a decade. New gas-fired plants are starting up almost as fast […]

  As environmental regulations continue their forward march and gas prices remain low compared to historic rates due to increased domestic supply, the number of power plants changing their primary fuel source to natural gas has increased dramatically. In 2011 and 2012, just more than 5.5 GW of power plant capacity switched to burning primarily […]

Despite frail demand for natural gas in Europe and difficulties in upstream production growth in the Middle East and Africa, the “Golden Age” of natural gas will remain in full swing until at least 2018, recent projections from the International Energy Agency (IEA) show. A medium-term outlook released by the Paris-based autonomous intergovernmental organization in […]

In his climate change speech earlier this summer, President Obama announced a major policy shift: The U.S. government will end financing for virtually all new coal power plants oversees. In the wake of that

Mexico Creates Council to Meet Clean Energy Target. The Mexican Energy Secretariat on July 5 announced creation of the Renewable Energy Council , a body designed to spearhead eight initiatives outlined in a