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financial


Recent U.S. Utilities Bankruptcies Raise Important Questions About Safe Harbor for Forward Contracts
Contracts

COMMENTARY Are power purchase and similar agreements excluded from the automatic stay under the safe harbor for forward contracts? Both the FirstEnergy Solutions and Pacific Gas & Electric (PG&E) bankruptcies have…


GE Embarks on Plan to Keep Power Unit Competitive

GE has launched a three-part strategy to address a dismal outlook for its power division that will involve operating in a “leaner, more cost-efficient way,” the company’s head told investors…


THE BIG PICTURE: Economic and Workforce Contributions


THE BIG PICTURE: Nuclear Financial Meltdown

Cheap natural gas, stagnant power demand, and power prices that have fallen significantly since 2008 have jeopardized the economics of about two-thirds of the nation’s 100-GW nuclear capacity, according to…


Bankrupt GenOn to Officially Split from NRG Energy

GenOn has begun its transition back into a standalone power generation company after NRG Energy—which acquired it in a $1.7 billion deal just five years ago—struck a comprehensive restructuring agreement…