Coal
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News
NRG Aligns Carbon Goals with 1.5-Degree-C Climate Trajectory
NRG Energy has joined a growing list of major U.S. coal generators that want to achieve net-zero greenhouse gas (GHG) emissions by 2050. The Princeton, New Jersey-based energy company on Sept. 24 said it would accelerate carbon goals it set in 2014 to reach its 50% GHG reduction target (from a 2014 baseline) by 2025—not […]
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News
DTE Energy Latest to Target Net-Zero Carbon Emissions
DTE Energy has announced a goal to achieve net-zero carbon emissions by 2050, following steps by Duke Energy, American Electric Power, and NRG Energy to do the same over the past two weeks. The Detroit-based company on Sept. 26 said it would go beyond its existing commitment to reduce carbon emissions 50% by 2030 and […]
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Press Releases
Schneider Electric Cuts Five Years from its Carbon Neutrality Goal, Establishing Roadmap for the Carbon Neutral World
New York City (September 23, 2019) — Schneider Electric announced today at Climate Week NYC 2019 that it is drastically stepping up its commitment to carbon neutrality with three new actions: (1) accelerating its 2030 goal of carbon neutrality by demonstrating carbon neutrality in its extended ecosystem by 2025, bringing forward its objective by 5 years […]
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Commentary
Texas’ Impending Reliability Issues With Wind Power
COMMENTARY Texas has the most wind capacity of any state, generating about 16% of its electricity from wind. In August, as temperatures rose above 100F and consumers increased their use of air conditioning, Texas’ grid operators struggled to meet the record demand for electricity. Many of the wind turbines could not operate because the wind […]
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News
Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050
Two formidable U.S. coal power generators this week separately revised their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power (AEP), meanwhile, said it would extend its target from 60% to 70% from 2000 levels by 2030, and by more than 80% by 2050—but it […]
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News
Vistra Will Close Another Illinois Coal Plant
A Vistra Energy subsidiary on Sept. 16 said it will close the nearly 60-year-old E.D. Edwards coal-fired plant in Bartonville, Illinois, by year-end 2022 under a settlement between the company and environmental groups the Sierra Club, the Natural Resources Defense Council, and the Respiratory Health Association. The groups made a joint announcement Monday of the […]
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News
Nine Utility Companies Suing Trump Over Emissions Rule
A coalition of nine utility companies is suing the Trump administration over its plan to replace the Obama-era Clean Power Plan. New York-based Consolidated Edison said the Affordable Clean Energy, or ACE, rule undermines efforts the companies already have in place to cut greenhouse gas emissions from power generation. The companies, who call their group […]
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Coal
Charah Solutions Receives Byproduct Sales and Operations Contract Extension Award from Luminant
Five-Year Extension of Services Provided to Miami Fort and Zimmer Power Plants in Ohio LOUISVILLE, KY (September 10, 2019) – Charah® Solutions, Inc. (NYSE: CHRA) (the “Company”), a leading provider of environmental and maintenance services to the power generation industry, today announced that it recently was awarded a contract extension to provide byproduct sales and […]
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News
PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion
Pacific Gas & Electric (PG&E) wants to cap its liabilities from damages caused by California wildfires at about $18 billion, according to the reorganization plan filed by the bankrupt utility September 9 in federal court in San Francisco. The amount is less than half what creditors, including insurance companies and wildfire victims, say they are […]
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News
PG&E Seeking $14 Billion in Restructuring Plan
Pacific Gas & Electric (PG&E) reportedly will soon file a restructuring plan that includes more than $14 billion in equity commitments, as the utility looks to recover from billions of dollars in liabilities tied to its role in California wildfires that caused the company to file the largest utility bankruptcy in U.S. history. Bloomberg on […]