Coal
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News
Exelon Utilities’ CEO Retires as Federal Investigation Continues
The CEO of major U.S. energy company Exelon Utilities retired on Oct. 15, leaving the company as federal officials investigate Exelon’s lobbying activities at the Illinois State Capitol. The retirement of Anne Pramaggiore, 61, who became CEO of Exelon Utilities in 2018, comes less than a week after Exelon subsidiary Commonwealth Edison (ComEd), Illinois’ largest […]
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News
Judge: Court Will Consider Rival Proposal for PG&E Reorganization
A federal bankruptcy judge on Oct. 9 ruled that Pacific Gas & Electric (PG&E), California’s largest utility, does not have the sole right to determine the terms of its reorganization. Judge Dennis Montali said those who support a rival proposal, which was devised by a group of the utility’s creditors, can have their plan considered. […]
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News
Facility to Make Coal Cleaner, More Efficient, Taking Shape in Wyoming
Clean Coal Technologies Inc. (CCTI) has begun reassembling a test facility designed to produce a cleaner-burning and more-efficient coal. The coal beneficiation and byproducts extraction plant, first built in Tulsa, Oklahoma, for an initial test of the technology, and then moved to Gillette, Wyoming, is expected to be completely rebuilt in the next few months, […]
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Markets
Distress and Deals Continue to Persist in Energy Sector
At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]
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News
Researchers: $71 Billion of Japan’s Coal Assets at Risk
Research from the University of Tokyo, along with that of two other groups, shows Japan’s coal-fired power plant fleet is at economic risk as the country adds more generation from renewable energy resources such as solar and wind. The report, called “Land of the Rising Sun and Offshore Wind,” released Oct. 6 and based on […]
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News
Reports: Perry Will Resign as Head of DOE
Reports from several news outlets say that Energy Secretary Rick Perry could step down from that role as soon as November. The Washington Post on Oct. 4 said Perry plans to step down by year-end and return to the private sector. The Post cited four unnamed individuals who it said had been briefed on Perry’s […]
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News
NETL: Coal Chemical Looping Combustion Closer to Commercialization
Chemical looping combustion (CLC), an advanced coal power technology that could markedly simplify carbon capture at power plants, has moved significantly closer to commercialization, owing to a breakthrough in oxygen carrier durability, the National Energy Technology Laboratory (NETL) said. The national laboratory, which is part of the U.S. Department of Energy (DOE), revealed on […]
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News
EIA: Renewables Will Account for Half of Global Power Generation by 2050
Solar power is expected to take a larger share of global power generation across the next 30 years, according to the U.S. Energy Information Administration (EIA), as renewable energy continues to be adopted worldwide. The EIA’s International Energy Outlook 2019 (IEO2019), released Oct. 2, shows 28% of the world’s power came from renewables in 2018, […]
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Coal
CTCI Succeeds in Acquiring Mega Power Plant EPCC Contract in Vietnam
Taipei, Taiwan — Taiwan’s largest EPC contractor CTCI has been awarded an EPCC contract for Van Phong-1 1,320MW Thermal Power Plant BOT Project in Vietnam in cooperation with IHI Corporation, Toshiba Energy Systems & Solutions Corporation, and Doosan Heavy Industries and Construction Co., Ltd as consortium. The contract award marks a milestone for the company […]
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Coal
Xcel Announces Deal to Power Steel Mill with Solar
Xcel Energy has announced an agreement with Lightsource BP and EVRAZ North America to develop a $250-million, 240-MW solar power facility in Pueblo, Colorado. The plant will provide power to the EVRAZ Rocky Mountain Steel facility in Pueblo. Xcel said the plant will be the largest on-site solar facility dedicated to a single company. The […]