Renewables
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Renewables
Exelon Subsidiary Files Bankruptcy; Lenders Would Take Over Four Plants
ExGen Texas Power (EGTP) Holdings LLC and ExGen Texas Power LLC, a subsidiary of Exelon Corp., on November 7 filed for Chapter 11 bankruptcy. The filing in U.S. Bankruptcy Court in Delaware is aimed at reducing the company’s debt, and four of EGTP’s five natural gas-fired power plants in Texas would be owned by lenders […]
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Renewables
House Proposed Tax Bill Ends Wind PTC, Extends Nuclear Credit
The U.S. House of Representatives on November 2 proposed a tax bill that would phase out the wind energy production tax credit (PTC), extend a tax credit for the nuclear power industry, add credits for geothermal and fuel cell programs, and end a tax credit for the purchase of electric vehicles. Wind energy proponents decried […]
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Renewables
Missouri Utility Closing Coal Plant, Adding Wind Generation
A Missouri utility has filed an application with the state’s Public Service Commission (PSC) to build a $1.5 billion wind power project and accelerate the closure of a coal-fired power plant. Empire District Electric Co. on October 31 asked the PSC to approve its plan, citing cost savings for customers of more than $300 million […]
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Infographics
THE BIG PICTURE: Power Expenses (Infographic)
The operating expenses at major U.S. investor-owned electric utilities have shifted over the last decade or so, owing primarily to changing fuel costs.
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Renewables
Uganda Ready to Double Generation with More Hydro Projects
Ugandan officials said they want to double the country’s installed power generation capacity over the next two years, primarily with the construction of hydropower projects. However, those same officials
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Renewables
POWER Digest [November 2017]
Giant UK Tidal Lagoon Project Secures Grid Connection Deal. Tidal Lagoon Power’s project to build a full-scale 3.2-GW tidal lagoon power plant in the Severn Estuary in Swansea Bay to harness strong tides on
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Renewables
As Gas Power Generation Jumps in the EU, Bloc Guards Against Supply Disruptions
Banking on natural gas as it moves away from coal, the European Union (EU) in September adopted new rules that require member states to help neighbors affected by supply disruptions. The new rules adopted by
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Legal & Regulatory
PJM: Can the Big Dog Deal with State Interference?
The PJM Interconnection, the largest regional transmission operator in the U.S., faces many problems: adapting to state policies designed to skew power markets in the face of natural gas and renewable
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Renewables
Wind Industry Shows Significant Growth, AWEA Market Report Says
The U.S. wind industry reported 29,634 MW of generation capacity was under construction or in advanced development at the end of the third quarter of 2017, according to the American Wind Energy Association’s (AWEA) U.S. Wind Industry Third Quarter (Q3) 2017 Market Report released October 26. The 29,634 MW is spread across 149 projects in […]
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Renewables
IEA Says Southeast Asia Will Keep Coal Demand High
The International Energy Agency (IEA) says the need for cheap electricity in Southeast Asia will drive global demand for coal for power generation through 2040, even as many countries continue to retire coal-fired plants and cancel projects for new coal facilities. IEA, which is set to release its World Energy Outlook 2017 on November 14, […]
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