market volatility
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History
NRG Energy’s Pivot Amid Power Sector Change
Once a giant pure-play independent power producer, NRG Energy has cultivated a legacy of pioneering business models to withstand waves of change in the power sector. Its latest strategic shift pivots from
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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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Renewables
Experts: Gas Power’s Expansion Riddled with Roadblocks
Even though it may dominate forecasts, natural gas–fired generation faces a troubled expansion in the U.S., according to experts from a variety of stake-holding entities—including an industry group, a utility, a generator, and a pipeline company. Challenges that have few solutions—from price volatility, to gas transport concerns, to rule uncertainty—may upend the nation’s dependence […]