auction

New owners of the former Fiddler’s Ferry Power Station in Warrington look to repurpose plant, equipment and inventory Large sale of transformers, pumps, motors, machinery, water processing plant and other equipment a boost for circular economy across several industries The redevelopment of Fiddler’s Ferry Power Station in Warrington will not only provide new much-needed homes […]

Japan’s ambitions to install up to 10 GW of offshore wind power by 2030 have made rapid progress over the past month, driven partly by accelerated action to address a supply and demand mismatch. Weeks after

WASHINGTON, D.C. (Feb. 25, 2022) — The American Clean Power Association (ACP) applauds the Department of Interior and the Bureau of Ocean Energy Management (BOEM) for holding a historic wind energy lease sale that will create tens of thousands of high-skilled U.S. jobs, strengthen coastal economies, and deliver vast amounts of reliable, clean energy to […]

NRG Energy Inc. said it will retire three coal-fired power plants—two in Illinois and one in Delaware—next year after disappointing results in the May 2021 capacity auction for the PJM Interconnection. NRG during its June 17 investor day presentation said about 1.6 GW of coal-fired generation would be closed, including the 682-MW Waukegan and 510-MW […]

A German plan to provide coal-fired power plant operators with money to offset financial losses, part of the country’s plan to incentivize the closure of coal plants as part of Germany’s plan to exit the fuel, has led energy giant Vattenfall to say it could close its 1.6-GW Moorburg coal plant in Hamburg by the […]

Silicon Valley-based SunPower on March 16 said it has secured grid capacity for about 11 MW of power after a winning bid in ISO New England’s 14th Forward Capacity Auction (FCA), in which companies predict the cost of making power in 2023. The auction, which closed in February, saw a record low price of $2 […]

A divided Federal Energy Regulatory Commission (FERC) issued a long-awaited order on Dec. 19 in which it directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources. The order will have a significant impact on PJM’s capacity market. While it was no surprise that the decision immediately […]

Global advisory and asset management specialist, Gordon Brothers has announced the exceptional sale of major power generation equipment from the UK power station, Seal Sands in Teesside, North East England. This unique sale is unparalleled with in the industry due to the pristine, virtually unused condition of the equipment. The majority of assets are unused […]

Featuring Over 1,500 Lots, Most Equipment 2010 or Newer CHATTANOOGA, Tenn.–(BUSINESS WIRE)–The Branford Group, a global industrial auction company, will conduct a 2-day online auction arranged by GE Capital, Industrial Finance, to sell the surplus assets of GE Power- Alstom Power, Inc. located at 1201 Riverfront Parkway, Chattanooga, Tennessee. GE Power- Alstom Power, Inc. manufactured […]

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 […]