While investor interest in U.S. coal production is seeing a revival, President Donald Trump can do little to directly help the flailing industry, coal producers and investors said at CERAweek…
Finance
Risk is inherent in all businesses, but power plants face unique perils that require the right protection. Property and casualty insurance may not be enough; equipment breakdown, business interruption, weather…
The 2,250-MW Navajo Generating Station (NGS) near Page, Ariz., and the associated Kayenta coal mine may close in 2017 as a result of the impact of low natural gas prices,…
Toshiba Corp.—the parent of Westinghouse Electric Co.—said it might book huge losses as a result of Westinghouse’s acquisition of the nuclear construction and integrated services business CB&I Stone & Webster…
For all its record-breaking achievements for speed, innovation, and efficiency, the 3,960-MW Sasan Ultra Mega Power Project should have been a POWER Top Plant. But the unique project has been…
A unanimous vote by New Mexico’s Public Regulation Commission (PRC) today determined that Public Service Co. of New Mexico (PNM) will be allowed to provide new renewable capacity to a…
Effectively managing time, budget, and resources has always been the goal of companies involved in constructing power generation projects, but today the challenges in meeting those goals can be greater…
Southern Co.'s Kemper County energy facility—the only carbon capture and storage (CCS) integrated gasification combined cycle (IGCC) power plant that is under construction—is producing syngas using lignite. The plant marked…
Projections that coal utilization will decline faster than previously forecast have spurred Babcock & Wilcox Enterprises (B&W) to shed 200 jobs and restructure its traditional power business that serves coal-fired…
Hands down, 2015 was a record year for global investment in renewable energy. Excluding large hydroelectric projects, the amount of money committed to renewables rose 5%, to $285.9 billion, exceeding…