coal
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Coal
Dynegy Will Merge with Vistra Energy to Beat Market Volatility
To strengthen balance sheets and thwart market woes afflicting generators in competitive markets, Dynegy Inc. and Vistra Energy will merge, creating a company that is projected to have a value greater than $20 billion. Dynegy, which operates a power plant fleet of 27 GW, will merge into Vistra Energy, the parent company of TXU Energy […]
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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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Legal & Regulatory
Michigan Backs Gas Plants for Upper Peninsula
Michigan regulators on October 25 gave their support to Upper Michigan Energy Resources Corp.’s (UMERC) plan for two new natural gas-fired plants in the state’s Upper Peninsula (U.P.). The plants approved by the Michigan Public Service Commission (PSC) would be built in Baraga and Negaunee townships. The plants are designed to produce a combined 183 […]
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Renewables
Wind Generation Capacity Outpacing Coal in Texas
An analysis by the University of Texas at Austin’s Energy Institute shows wind power generation capacity in Texas may already have surpassed coal-fired capacity in the state, and wind almost certainly will have leapfrogged coal by early next year, as wind farms continue to dot the landscape while more coal plants in the state are […]
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Legal & Regulatory
Eversource Will Sell 14 New Hampshire Power Plants, Completing Deregulation
Fourteen power plants in New Hampshire, including nine hydroelectric facilities, will soon have new owners as Eversource Energy divests its holdings in the state to satisfy an agreement with state regulators. Eversource outlined the sale of the hydro assets, along with three fossil fuel-fired plants and two combustion peaker units, in an October 12 filing […]
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Legal & Regulatory
Perry Hammered on FERC Order During House Subcommittee Hearing
Criticism for Secretary of Energy Rick Perry’s recent notification of proposed rulemaking (NOPR) directing the Federal Energy Regulatory Commission to show favor to coal and nuclear plants was in no short supply during an October 12 hearing of the House Subcommittee on Energy. The hearing, which focused on the Department of Energy’s (DOE) missions and […]
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Legal & Regulatory
EPA Ready to Attack Clean Power Plan
The Trump administration’s Environmental Protection Agency (EPA) is considering its options to repeal or replace the Clean Power Plan (CPP), the signature climate regulation of former President Barack Obama. POWER magazine on October 6 obtained a 43-page draft of the EPA’s proposed action on the CPP. The formal document is expected to be released soon. The […]
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Coal
Groups Interested in Keeping Navajo Coal Plant in Operation
Peabody Energy on October 2 said several investors are interested in taking over the Navajo Generating Station in Arizona, a coal-fired power plant on tribal land whose current owners, including Salt River Project (SRP), voted earlier this year to close the facility. Peabody’s Kayenta Mine supplies fuel for the plant. Lazard Freres & Co., a […]
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Legal & Regulatory
The U.S.’s War on Coal Is Purported to Be Over—What About the Rest of the World?
The Trump administration unabashedly supports coal, and regulations designed to phase out its use in U.S. power production are being reviewed. But while other nations continue to rely on coal for much of their power, they also are increasing their use of natural gas and renewables, including heavyweight coal users such as China and India. […]
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Coal
A Breath of Cleaner Air on the Lake Michigan Shore
Working on a small patch of land bordered on one side by Lake Michigan and on the other three by the small city of Sheboygan, Wisconsin, the team tasked with the installation of a state-of-the-art air quality
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