Business

A suburban Chicago-based energy company executive on June 7 told Arizona officials his group is putting together a proposal to purchase the Navajo Generating Station (NGS), the largest coal-fired power plant in the western U.S. The plant’s current owners have said they will close the 2,250-MW facility by year-end 2019 unless a buyer is found. […]

Xcel Energy, citing “historically low” costs for wind and solar power, said it wants to double its generation from renewable sources. Colorado’s largest utility also said it will retire two coal-fired units representing 660 MW at its Comanche Generating Station in Pueblo at least 10 years ahead of schedule. The changes were outlined in a […]

The Trump administration’s attempt to prop up uneconomic “fuel secure” generators in competitive markets is just the latest in a string of recent “extra-market” interventions that experts said imperil independent organized markets for electricity. In a recent white paper, Raymond Gifford and Matthew Larson, energy partners at Wilkinson Barker Knauer LLP, said the restructured administrative […]

Chris Crane, CEO of Exelon Corp., seemed to take umbrage with the way comments he made on June 5 were reported by Utility Dive. The website published the headline “Exelon CEO: No grid emergency to justify DOE coal, nuke bailout,” but Crane went out of his way to clarify his position while on stage participating […]

Seeq expands machine learning and publishing functionality in new R20 release, and adds new Managing Director for European Sales office. SEATTLE, June 5, 2018 – Seeq Corporation announces the release of its second update to their Seeq software application in 2018, staying on plan to provide four new releases each year. Seeq is an advanced […]

When Hurricane Maria made landfall in Puerto Rico on September 20, 2017, no one could predict the level of devastation those 155-mph sustained winds would deliver. In its wake, Maria plunged the entire island of Puerto Rico into darkness, and decimated its aging distribution, transmission and generation infrastructure. By all predictions, it was going to […]

Reactions from U.S. energy and legal and regulatory groups began pouring in minutes after the White House confirmed on June 1 that President Trump has directed the Department of Energy (DOE) to act immediately to stop the loss of uneconomic coal and nuclear plants.  White House Press Secretary Sarah Sanders said in a June 1 […]

The U.S. is pouring funding into developing new fuel technology for advanced nuclear reactors in a bid to help the flagging industry. On April 27, it awarded General Atomics (GA) $3.2 million for two projects that the San Diego, California-based company is developing, including an accident tolerant fuel (ATF) solution that the company says is […]

In a bid to tamp down pollution, India’s government in December 2015 notified the country’s coal generators they would need to meet—for the first time—new emissions limits for nitrogen oxides (NOx), sulfur dioxide (SO2), and mercury, as well as tightened limits for particulate matter (PM) and water consumption. The gazetted notification gave new plants until […]

As required for the first time by a new Securities and Exchange Commission (SEC) rule mandated by the 2010 Dodd-Frank Act and Item 402(u) of Regulation S-K, public companies in early 2018 began disclosing ratios that compare total compensation paid to principal executive officers (PEOs), such as a CEO, to the median of the annual […]