Markets

To remain competitive in power markets increasingly characterized by disruptions, NRG Energy plans to accelerate its transition from a pure independent power producer (IPP) model to a more simplified customer-driven integrated power model that favors its retail businesses. In a number of presentations showcased on March 27 as part of NRG’s 2018 Analyst Day, company […]

In a move that demonstrates how difficult current market conditions are, even for some natural gas-fired facilities, GenOn Energy—a subsidiary of NRG Energy—said it will shutter three California gas-fired power plants for economic reasons. The company notified the California Public Utilities Commission and California Independent System Operator (CAISO) in letters dated February 28 that it […]

Markets may currently favor natural gas, but coal, which has been diminished for “good reason,” will likely have a significant place as a reliable fuel for power generation, a diverse panel of U.S. coal experts—including a generator, a supplier, and a market analyst—suggested at CERAWeek by IHS Markit in Houston on March 7. Coal lost […]

The Supreme Court for the state of New Mexico affirmed a final order by state regulators to allow Public Service Company of New Mexico (PNM) to replace lost generation from two shuttered units at its 1,800-MW coal-fired San Juan Regional Generation Station with coal and nuclear resources. The case stems from a petition filed by […]

No evidence exists that New England local gas distribution companies engaged in practices to withhold natural gas pipeline capacity on the Algonquin system to drive up gas or power prices in the region, Federal Energy Regulatory Commission (FERC) staff revealed. FERC on February 27 closed an inquiry after conducting an “extensive review” of the allegations—which […]

The recent retirement of older generating units and high peak usage owing to economic growth could tighten operating reserves in the region served by the Electric Reliability Council of Texas (ERCOT) this summer. The grid operator said on March 1 that total resource capacity for the upcoming summer (spanning June through September 2018) is expected […]

In President Trump’s State of the Union address, he said, “We have ended the war on American energy, and we have ended the war on beautiful, clean coal.” It’s safe to say that things have gotten better

ABB Receives Contract to Upgrade, Expand Combined Cycle Plant. A consortium including Doosan Heavy Industries and state-owned construction company PT Hutama Karya has awarded a $40 million contract to ABB to

Spanish market and competition regulator CNMC (Comisión Nacional de los Mercados y la Competencia) in a report published on January 24 said a draft government decree to block power plant closures if they

The private sector is traditionally known as a driver of innovation, so it may be surprising to some people that many businesses have only recently begun to consider advanced energy technologies. Looking at