Markets
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News
THE BIG PICTURE: Renewable Portfolio Standards
As of August 2019, 29 U.S. states and the District of Columbia had renewable portfolio standards (RPSs), and eight others had non-binding renewable portfolio goals. Three states also had clean energy standards, which set targets for low-carbon non-renewables, like nuclear, and two had clean energy goals. Shown in the bars below are the shares of generation by source […]
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Business
Public vs. Private: What’s Best for Power Customers?
There are generally three types of electric power utility ownership structures: public power utilities, rural electric cooperatives, and investor-owned utilities (IOUs). The American Public Power Association
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News
Changing Power Market Conditions Warrant Smart Boiler Services
There have been a lot of changes in how power plants do business. As financial pressure mounts and lean-staffing strategies are implemented, finding time to do all the work that needs to be done can be a
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News
What Keeps Energy Leaders Up at Night? It’s More About Climate Change Than You May Think
This year, it seems hardly a week has gone by without a new report making us even more nervous about climate change. It’s as if the editorial theme for 2019 was: “It’s worse than you thought.” Maybe
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Legal & Regulatory
FERC’s LaFleur Decries Partisanship and Politicization
“I hate to see things going out along party lines,” Cheryl LaFleur, outgoing commissioner of the Federal Energy Regulatory Commission (FERC), told POWER during an exclusive interview. “During my 35 years of watching FERC, that has not been the pattern.” During the early years of the Obama administration, “we didn’t think of ourselves as [partisan],” […]
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News
Vistra May Close 2 GW of Illinois Coal Power By Year’s End
Vistra Energy will shutter four coal-fired power plants—a total 2 GW—as required by Illinois’ recently revised Multi-Pollutant Standard (MPS) rule, but CEO Curtis Morgan noted the move was “inevitable” due to the changing regulatory environment and unfavorable economic conditions in the MISO market. The company on Aug. 21 said it will close the 54-year-old 915-MW […]
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News
Power Sector CEOs Join Top Execs in Redefining Corporate Purpose
The list of 181 CEOs who earlier this week moved to publicly degrade shareholder value in a bid to redefine the “purpose of a corporation” includes several chief executives from power companies. The Aug. 19 statement issued by the Business Roundtable, an association of CEOs “to promote a thriving U.S. economy and expanded opportunity for […]
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Gas
Although ‘Trump Digs Coal,’ His Administration Is Missing the Message
COMMENTARY At this point, one thing should be abundantly clear about the Trump administration’s theme on energy policy: the president will do whatever it takes to prop up coal, even if the market and the public choose otherwise. The Trump administration’s latest pro-coal gambit is the Environmental Protection Agency’s (EPA’s) so-called Affordable Clean Energy rule, […]
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Gas
State Agencies Object to Xcel Energy, Southern Power Deal
Xcel Energy’s effort to purchase a 760-MW natural gas combined cycle facility in Mankato, Minnesota, from Southern Power, a wholesale energy provider and subsidiary of Southern Company, is meeting resistance from two state agencies. The Minnesota Department of Commerce (DOC) and the Minnesota Office of the Attorney General (OAG) recommended the Minnesota Public Utilities Commission […]
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Press Releases
Sumitomo SHI FW Wins Contract for CFB Boiler in Taiwan
Awarded CFB Steam Generator for CLC Chupei Mill in Taiwan Utilizes SFW’s advanced circulating fluidized-bed (CFB) technology ESPOO, Finland–(BUSINESS WIRE)–Sumitomo SHI FW (SFW) announces today that it has been awarded a contract by Cheng Loong Corporation, CLC for a CFB steam generator for their Chupei Mill in Taiwan. Commercial operation of the new boiler is […]
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