coal
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Commentary
Great Winter Storm of 2021 Will Live in Grid History
It will be some time before we know every detail that aligned to cause the tremendous number of sustained power outages in Texas, or the spiking power prices across all markets in the central states. Some things we do know. Some natural gas supply was frozen in. Some wind turbines froze up, and ice damaged some […]
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News
GE Gas Turbines Will Replace Coal at Colorado Plant
The plan to retire the last coal-fired units at a power plant in Colorado has moved a step closer to completion, with the announcement that Colorado Springs Utilities (CSU) has chosen General Electric (GE) technology to keep the plant operating at least temporarily as a gas-fired facility. GE on Feb. 10 announced that six of […]
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Fuel
Active Energy Group Announces $10 Million in New Funding, Continues Development of First CoalSwitch Production Facility
LUMBERTON, N.C. (February 9, 2021) — Active Energy Group plc (AEG) announced it has secured new funding in the amount of $10 million while also converting all existing debt to equity. The new funding and clean balance sheet will allow the company to accelerate development of its revolutionary CoalSwitch production facility in Lumberton, North Carolina. CoalSwitch is […]
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News
Retirement Set for Wisconsin’s Second-Largest Coal Plant
The Columbia Energy Center, a two-unit 1,100-MW coal-fired station located in Columbia County, Wisconsin, south of Portage, will be permanently retired by the end of 2024. Alliant Energy, which co-owns the facility with Wisconsin Public Service Corp. (a subsidiary of WEC Energy Group) and Madison Gas and Electric Co., made the announcement on Feb. […]
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Commentary
The Biden Administration Can Help Set American Energy on a Winning Course
The 46th president of the United States has officially been sworn in. During his inauguration address President Joe Biden spoke of unity, empathy, and the challenges Americans must face together. Challenges indeed abound for Biden’s incoming environmental and energy team, including New Mexico congresswoman Deb Haaland as Interior Secretary, former Michigan Gov. Jennifer Granholm as […]
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Coal
Morgan Stanley: Coal-Fired Power Off U.S. Grid by 2033
A report from Morgan Stanley, a global wealth management company, said coal-fired power generation is likely to disappear from the U.S. power grid by 2033, largely displaced by renewable energy resources. The report published Feb. 1 said renewable energy such as solar and wind power will provide nearly 40% of U.S. electricity in 2030, and […]
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News
Biden’s Orders Focus on Climate, Emissions
President Biden has signed executive orders designed to move the U.S. to carbon neutrality by midcentury, part of a $2 trillion plan that would overhaul the nation’s electricity and transportation sectors. The president’s plan, outlined Jan. 27, focuses on climate change and includes a White House task force that would direct policies on greenhouse gas […]
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Press Releases
UWUA Statement on President Biden’s Proposed Interagency Task Force
WASHINGTON, DC (JANUARY 27, 2021) – Utility Workers Union of America (UWUA), AFL-CIO President James Slevin today released the following statement in reaction to the Biden administration’s executive order establishing the Interagency Working Group on Coal and Power Plant Communities and Economic Revitalization: “Due to powerful economic forces, demand for coal has been down for […]
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News
Report: Utilities Plan to Keep Coal Plants Running
A report from a major environmental group said that coal-fired power generation will continue to play a large role in U.S. electricity production for at least another 10 years. The Sierra Club report published Jan. 25, based on a review of integrated resource plans (IRPs) from the 50 U.S. utilities most invested in coal-fired and […]
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Coal
South Korea Lenders Will End Support for Coal
Affiliates of one of South Korea’s largest business conglomerates announced they no longer will provide financial support for coal projects, putting in jeopardy plans to finish a 2,100-MW coal-fired power plant project that has been expected to come online in 2024. The six financial affiliates of the Hanwha Group, during a video conference on Jan. […]