It’s no secret that U.S. nuclear and coal-fired power plants are struggling to remain viable in competitive markets. Many plants have been retired for economic reasons long before the facilities…
competitive markets
Unlike their regulated counterparts, merchant power generators have increasingly struggled to compete over the last few years and the outlook for many is that this won’t change any time soon.…
In a 3–2 decision, the Federal Energy Regulatory Commission (FERC) rejected approaches filed by PJM Interconnection to reform its capacity market, whose integrity and effectiveness has been increasingly and “untenably…
The Trump administration’s attempt to prop up uneconomic “fuel secure” generators in competitive markets is just the latest in a string of recent “extra-market” interventions that experts said imperil independent…
NRG Energy, in a bid to shed $7 billion in consolidated debt, is selling the bulk of its renewable assets and development platforms along with several coal and natural gas…
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…
Vistra Energy moved to halt a financial hemorrhage stemming from unprofitable conditions in the Electric Reliability Council of Texas (ERCOT), announcing plans to shutter two more coal-fired power plants—the 1.1-GW…
A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price…
A rule proposed by the U.S. Department of Energy (DOE) on September 29 directs the Federal Energy Regulatory Commission (FERC) to mandate that competitive power markets develop and implement market rules…
Two nuclear plants owned by Exelon Corp. in Illinois and Pennsylvania failed to clear PJM Interconnection’s latest annual capacity auction, putting one of those financially crippled units at risk of…