energy market
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Trends
POWER’s Power Industry Market Index: A Relative Health Gauge for the Industry
I think most POWER readers are familiar with financial indexes such as the Dow Jones Industrial Average (DJIA) and the S&P 500. These indices are widely reported on by news outlets and followed by many
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Legal & Regulatory
Struggling to Compete with Natural Gas, Pennsylvania Coal Plant Files for Bankruptcy
Homer City Generation, operator of a three-unit, 1,884-MW coal-fired generating station about 45 miles northeast of Pittsburgh, Pa., has initiated a voluntary, pre-packaged Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware. The financial restructuring process is expected to eliminate more than $600 million in existing secured debt from Homer City’s […]