Markets
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Legal & Regulatory
Even with Trump, America’s Coal Age Ends in 2016
Now that the political conventions are over and Americans must choose between two presidential candidates, the rhetoric around coal’s future continues to heat up. What neither candidate is telling you, however, is that no matter who is elected in November, no matter what the makeup of the next Congress is, America’s coal age is over. […]
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Renewables
2016 Power and Utilities Deals Are Outpacing Previous Three Full Years
Power and utility deals through Q2 2016 are already outstripping full-year totals for previous three years.
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Renewables
Exelon, America’s Leading Nuclear Generator, Keeps the Faith on Nukes
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 merchant nuclear capacity?
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Coal
FirstEnergy Moves to Deactivate Two Embattled Ohio Coal Plants
FirstEnergy Corp. will sell or deactivate 856 MW of coal-fired generation to reduce fleet operating costs. The company announced on July 22 that it plans to sell or deactivate the 136-MW Bay Shore Unit 1 in Oregon, Ohio, by October 2020. In addition, Units 1–4 (totaling 720 MW of capacity) at the company’s seven-unit W.H. […]
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Solar
11 Things to Know About the Solar Sector’s Precarious Future
Despite escalating growth over the past decade, the U.S. solar power sector faces potentially crippling issues concerning module supply, workforce deficiencies, and grid interconnection obstacles, according to industry experts attending an international solar and energy storage convention. The country added an estimated 14.5 GW of new solar photovoltaic (PV) capacity in 2016, and by 2021, […]
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Renewables
Germany Backs Measure to Replace Renewable Incentives with Competitive Auctions
Lawmakers in Germany have voted to replace subsidies for wind and solar with competitively priced electricity prices. The country’s upper (Bundesrat) and lower (Bundestag) legislative chambers on July 8 voted to adopt an amendment to the Renewable Energy Sources Act (EEG 2016) introduced by Minister of Economics and Energy Sigmar Gabriel. The legislation aims to […]
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Solar
In Push for Collaboration, Solar and Storage Industries Unveil “Smart Solar” Potential
Pairing solar with energy storage will be integral to cement the future of both emerging sectors, said experts at the Intersolar North America’s annual event held this week in San Francisco. The three-day event and exhibition was co-located with ees North America, a stand-alone event focused on energy storage technologies and services. But experts […]
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Legal & Regulatory
Green Groups Challenge PJM’s Capacity Performance Rules
The “polar vortex” storm of January 2014 blew in big changes to PJM Interconnection’s operations. But these changes are now the subject of a lawsuit filed by environmental groups, alleging they discriminate against clean energy sources. The sub-zero temperatures froze coal piles and gearboxes. Natural gas plants, lacking firm contracts for fuel delivery, were unable […]
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Legal & Regulatory
Obama Administration’s Environmental Rules to Leave Lasting Legacy on Power Sector, Markets
Witnesses at a Congressional hearing raised concerns about the complexity, costs, legality, and feasibility of the 3,900 final rules published by the Environmental Protection Agency (EPA) during the Obama administration. A large portion of those rules affect the power sector, but none are more contentious than the Clean Power Plan, regulatory and citizen interest experts […]
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Legal & Regulatory
B&W to Restructure Power Business, Cites Dismal Coal Projections
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 power generation in a bid to reduce overhead and improve efficiency. The Charlotte, N.C.–based energy and environmental technology and service company said on June 28 […]