market conditions
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News
The World-Class Coal Power Efficiency of Rheinhafen-Dampfkraftwerk Block 8
Efficiency has become the mantra of modern coal power. The 912-MW hard coal–fired RDK 8, a unit that operates in Germany’s challenging power market, achieved a 47.5% net thermal efficiency through
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News
Energy Storage as a Service: Why Renting Can Be Better Than Buying
The burgeoning as-a-service model, offering greater user flexibility and attractive economics, is now a viable option for energy storage. As with transportation, office equipment, and other capital-intensive
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Coal
Vistra Closing Two More Giant Uneconomic Coal Plants in Texas
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 Sandow Power Plant (which includes a 2009-built unit) and the 1.2-GW Big Brown plant—in early 2018. The company’s decision made public on October 13 comes on […]
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Legal & Regulatory
B&W to Restructure Power Business, Cites Dismal Coal Projections
Projections that coal utilization will decline faster than previously forecast have spurred Babcock & Wilcox Enterprises (B&W) to shed 200 jobs and restructure its traditional power business that serves coal-fired power generation in a bid to reduce overhead and improve efficiency. The Charlotte, N.C.–based energy and environmental technology and service company said on June 28 […]
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Renewables
PG&E Moves to Retire 2.3-GW Diablo Canyon Nuclear Plant
Diablo Canyon, the two-reactor nuclear power plant on the central California coastline, will be permanently shuttered by 2025 under a renewables-boosting initiative announced today by its owner, Pacific Gas and Electric (PG&E). The company on June 21 unveiled a “joint proposal” with labor and environmental groups that seeks to increase investment in energy efficiency, energy […]
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Nuclear
Two Exelon Nuclear Plants Fail to Clear PJM Auction
Exelon’s Quad Cities and Three Mile Island nuclear plants have failed to clear the PJM capacity auction for the 2019–2020 planning year, and the future looks grim for at least one of those plants. The Chicago-headquartered company on May 25 confirmed that the two plants would not receive capacity revenue for the period. It also […]