Coal
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News
Moody’s: Carbon Concerns Denting Merchant Coal Refinancing Prospects
Environmental, social, and governance (ESG) risks are diminishing the number of potential investors in U.S. merchant coal projects, and that is putting more pressure on already squeezed coal plant economics, Moody’s Investors Service said in a new sector report. The U.S. merchant coal plants, which are already grappling with persistently low power prices that […]
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Connected Plant
Tiny Underwater Robot Has Big Impact at Endesa’s Thermal Power Plants
Spain’s largest electric utility Endesa has successfully tested a new remotely operated vehicle (ROV) that it says will make inspection and maintenance in fully or partially submerged environments at its thermal power plants less costly and more efficient. The underwater robot, which was custom manufactured by Spanish startup NIDO Robotics for Endesa’s applications, is about […]
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O&M
Siemens’ gearless drive technology powers high-capacity overland conveyor in Quellaveco
Conveyor system will move 127,500 tons of primary crushed ore per day New Siemens’ gearless drive technology to increase reliability and efficiency additionally by up to 4 percent Maintenance requirements of the drive system significantly reduced Powered by Siemens’ new gearless drive technology, thyssenkrupp’s high-capacity overland conveyor will access one of the world’s largest copper […]
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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 […]