GenOn
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NewsGenOn Will Close Three Coal-Fired Units
The Texas-based company that owns a coal-fired power plant in Maryland announced it will retire the facility’s three generating units, which have been in operation for about 60 years. GenOn Holdings said Units 1, 2, and 3 at its Dickerson Generating Station will be closed due to “unfavorable economic conditions and increased costs associated with […]
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Press Releases
PENNSYLVANIA COAL PLANT SAVES ON REQUIRED MAINTENANCE UPGRADES AND OPERATING COSTS BY IMPLEMENTING SUEZ’S MOBILE WATER SOLUTIONS WITH INSIGHT*
Seeking to reduce its operating costs and environmental footprint, the Conemaugh Generating Station in New Florence, Pennsylvania, utilizes SUEZ’s mobile water solutions to produce boiler feedwater. By using the mobile demineralizer with InSight*, the coal-fired power plant will gain $220,000 in annual operating cost savings, reduce chemicals associated with the make-up demineralized (DI) systems and […]
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RenewablesNRG Sheds Generation Emphasis, Puts More Focus on Retail
To remain competitive in power markets increasingly characterized by disruptions, NRG Energy plans to accelerate its transition from a pure independent power producer (IPP) model to a more simplified customer-driven integrated power model that favors its retail businesses. In a number of presentations showcased on March 27 as part of NRG’s 2018 Analyst Day, company […]
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GasGenOn Energy to Retire Three California Gas Plants
In a move that demonstrates how difficult current market conditions are, even for some natural gas-fired facilities, GenOn Energy—a subsidiary of NRG Energy—said it will shutter three California gas-fired power plants for economic reasons. The company notified the California Public Utilities Commission and California Independent System Operator (CAISO) in letters dated February 28 that it […]
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RenewablesNRG Sells Renewables Assets, 3.6 GW of Louisiana Coal and Gas Power Plants
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 power plants worth 3.6 GW tied to its South Central Generating business. The independent power producer, which recently relinquished bankrupt wholesale generator GenOn Energy to […]
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CoalBankrupt 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 with GenOn’s creditors, and GenOn filed for Chapter 11 protection. A June 14 financial filing confirms that NRG, GenOn, and an ad hoc group of […]