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News
In a Surprise Announcement, Colstrip Units 1 and 2 to Close by Year-End
Talen Montana—part-owner and operator of the Colstrip Steam Electric Station—announced that Units 1 and 2 at the coal-fired power plant will be retired by year-end, well ahead of a previously announced July 2022 closure date. “The decision to retire Colstrip Units 1 and 2 comes after extensive review and exhaustive efforts over the last few […]
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News
Power Companies Refute Findings of Widespread Coal Plant Groundwater Contamination
An estimated 91% of U.S. coal power plants that submitted groundwater monitoring data as required by the Environmental Protection Agency’s (EPA’s) 2015 Coal Combustion Residuals (CCR) rule have unsafe levels of one or more contaminants, a collaborative analysis of the monitoring data by several environmental groups suggests. The March 4 report is significant because power […]
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Gas
GenOn Energy to Retire Three California Gas Plants
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 […]
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Renewables
WEC Will Close Coal-fired Plant in Wisconsin
The bell has tolled for another U.S. coal-fired power plant. WEC Energy Group on November 28 said it would shutter its Pleasant Prairie facility in Wisconsin, another victim of energy market dynamics that include low natural gas prices, falling demand for electricity, and the continuing move by utilities toward renewable power generation sources such as […]
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Commentary
The Impact of Alternative Energy on Electricity Pricing
The rise of some sources of alternative energy such as renewables, storage, energy efficiency, and demand response, and decline in others—specifically nuclear—will continue to impact regional gas and
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Coal
Utility Owners Vote to Shut Down 2.2-GW Navajo Generating Station
The utility owners of the Navajo Generating Station (NGS) in Arizona have voted to shut down the 2,250-MW coal-fired power plant in December 2019. The decision to close the plant on tribal land near Page along the border with Utah was based on the “rapidly changing economics of the energy industry,” which has seen natural […]
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Legal & Regulatory
Deal Reached to Permanently Close Indian Point Nuclear Plant
Entergy Corp. and the state of New York have reached an agreement that will see the Indian Point nuclear power plant retired by 2021. “Key considerations in our decision to shut down Indian Point ahead of schedule include sustained low current and projected wholesale energy prices that have reduced revenues, as well as increased operating […]
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Nuclear
Market Conditions Doom Another Nuclear Plant, Palisades, to Closure in 2018
Entergy Corp. has decided to permanently close the Palisades nuclear power plant on October 1, 2018. The news comes as a bit of a surprise, because Entergy had a power purchase agreement with Consumers Energy—Michigan’s largest utility and the principal subsidiary of CMS Energy—which committed the company to buying nearly all of the power generated […]
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Nuclear
Sweet Dreams Fort Calhoun Nuclear Plant
After more than 43 years of service, the Fort Calhoun Station—a single-unit 478-MW nuclear power plant, which was the smallest operating reactor in the U.S. fleet—came offline for the final time at 12:55 p.m. CDT on October 24, 2016. Some said the mood at the plant was subdued, but professional. Many workers and other plant […]
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Nuclear
Entergy Considering Sale of FitzPatrick Nuclear Plant to Exelon
Entergy Corp. announced on July 13 that it is in discussions with Exelon Corp. concerning the potential sale of the James A. FitzPatrick Nuclear Power Plant in Scriba, N.Y. The news comes following the release of the New York Department of Public Service’s proposal to subsidize zero-emissions attributes of upstate nuclear power plants, including FitzPatrick […]