coal
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EIA: Gas, Renewables Outpacing Coal for Power Generation
The percentage of coal-fired generation in the U.S. electricity mix will continue to decline, the Energy Information Administration (EIA) said May 9, with gas-fired generation accounting for at least 40% of the nation’s power this summer and output from renewables continuing to rise. EIA’s latest Short-Term Energy Outlook (STEO) said coal-fired units will produce only […]
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UK Milestone: One Week Without Coal-Fired Generation
The UK has gone a week without using electricity from coal-fired generation, according to the National Grid Electricity System Operator (NGESO), which oversees the power network in England, Wales, and Scotland. Government officials said it’s the first time the UK has gone without coal in a week-long period since 1882, when a coal-fired plant opened […]
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POWER Notebook: Duke Energy Sells Renewable Assets in $1.25 Billion Deal
Duke Energy this week said it has a definitive agreement to sell a minority interest in part of its commercial renewable energy portfolio owned and operated by its affiliate, Duke Energy Renewables, to the John Hancock Infrastructure Fund and John Hancock Life Insurance Company. Duke in an April 24 release said the interest is valued […]
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Rocky Mountain Power Considers Early Closure of Coal Units
Rocky Mountain Power (RMP) on April 24 said an updated analysis of its operations suggests the company could lower costs for customers if it accelerates the retirement of four coal-fired units in Wyoming. Gary Hoogeveen, president and CEO of RMP, which is part of Pacificorp, told state and local officials the company has not made […]
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Indiana Regulators Reject Vectren Plan for Gas Plant
The Indiana Utility Regulatory Commission (IURC) on April 24 rejected Vectren’s proposal to build an 850-MW natural gas-fired power plant to replace two coal-burning units at its A.B. Brown Generating Station, along with another coal unit at a nearby plant. The commission said it based its decision on the potential financial risk to ratepayers who they said […]
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Ohio Lawmakers Announce Plan to Subsidize Nuclear Plants
Ohio lawmakers on April 12 announced a plan to provide financial support to the state’s two nuclear power plants by adding a surcharge to customers’ electric bills. The bill’s supporters said it also would generate as much as $300 million annually for clean power generation in Ohio, though the measure calls for abolishing mandates for […]
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POWER Notebook: New 1,600-MW Coal Plant in India; Low-Price Solar Deal in Idaho
Financing has reportedly been secured for a 1,600-MW coal-fired power plant in India’s eastern state of Jharkhand. Qatar’s Gulf Times newspaper reported April 6 that Power Finance Corp., a state-run lender in India, and its subsidiary REC approved a $1.5 billion loan for the project. The report said the new plant would be funded through loans […]
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POWER Digest (April 2019): News Briefs from Around the World
The Netherlands Orders Early Closure of Coal Plants. The Dutch government on March 8 told Swedish power producer Vattenfall to stop using coal at the 650-MW Hemweg-8 hard coal-fired unit in Amsterdam by the
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Coal
Navajo Nation Ends Bid to Acquire 2.3-GW Coal Plant
After a Navajo tribal council on March 21 voted 11–9 to block acquisition of the Navajo Generating Station (NGS) and Peabody Energy’s Kayenta coal mine, the Navajo Transitional Energy Co. (NTEC) announced it would drop its bid to keep the 2.3-GW coal-fired plant near Page, Arizona, open. NTEC, a company wholly owned by the Navajo […]