Markets

Panelists debating the pros and cons of a regionalized western power grid seemed to agree that the development of such a system is inevitable, but they disagreed on how fast the evolution should occur. The panel discussion took place during the California Independent System Operator (ISO) Stakeholder Symposium held on September 7 in Sacramento. At […]

If wind and solar photovoltaic (PV) penetrations in the Eastern Interconnection were amped up to 30%, they would decrease coal, combined cycle, and combustion turbine capacity factors by 30% to 50%, a new study from the National Renewable Energy Laboratory (NREL) suggests. The study, NREL’s Eastern Renewable Generation Integration Study (ERGIS), was released on August […]

The second World Nuclear Exhibition was held at a moment in time when the prospects for nuclear power are both tantalizing and frustrating. One thing is clear: The dynamics of the nuclear power industry have changed recently—and so have the solutions proposed for achieving greater certainty. One of the strongest arguments nuclear power has going […]

The U.S. nuclear power business is in trouble, and Exelon has six units totaling more than 5,300 MW of dependable capacity on the chopping block. How will the Chicago electricity giant respond? Perhaps by acquiring more nuclear capacity? Chicago-based Exelon Corp., the largest nuclear power generator in the U.S., is facing what could be the […]

NRG Energy will pay $1 million in penalties, install environmental projects worth another $1 million, and complete costly upgrades under a consent decree it entered into with the state of Maryland to resolve wastewater discharge violations at two coal-fired power plants owned by its subsidiary GenOn. The settlement results from a June 2013 complaint Maryland […]

The Sandy Creek coal-fired power plant—a 900-MW facility in Riesel, Texas—won a major victory in court on August 19 when a McLennan County jury agreed that the plant was appraised at a much higher value than justified by market conditions. The appraisal district had suggested the plant be valued at $900 million in 2014 and […]

Massachusetts’ lawmakers approved an omnibus energy bill that sets down an energy storage mandate and requires utilities to solicit contracts for 1.6 GW of offshore wind. The bill also outlines clean energy procurement targets, including for 1.2 GW from hydro, onshore wind, and other renewables from within the state, from neighboring states, or from Canada. […]

Düsseldorf’s new “Block Fortuna” at the Lausward Power Plant, owned by municipal utility Stadtwerke Düsseldorf, is setting records and giving Germany’s coal-fired power plants some much-needed competition for backing up the nation’s large percentage of variable renewable power. Germany’s Energiewende (literally, “energy turn”) functions as something of a living laboratory, where innovation equals survival, because […]

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 than ever. Any power generation company involved in new construction or an upgrade or retrofit project hopes it will see completion safely, without exceeding schedule […]