natural gas

NRG Energy said it will sell as much as $4 billion in assets as it seeks to lower its debt and cut costs after a revolt by activist investors unhappy with the company’s direction. Shares of the company jumped 29% to a two-year high on July 12 after NRG announced the moves as part of […]

Northern Indiana Public Service Co. (NIPSCO) said it will hold off on installing wastewater pollution controls at its largest coal plant in Indiana as industry groups continue to challenge the Environment Protection Agency (EPA) ruling that led to the installation plan. NIPSCO asked Indiana regulators in November 2016 to approve a $400 million plan for […]

Florida regulators next week will consider whether to support an exemption to a state rule, a move that could speed the approval process for a new 1,163-MW natural gas-fired power plant on the state’s Atlantic coast. Florida Power & Light (FPL), the nation’s third-largest electric utility, has proposed the $888 million power plant for Broward […]

The U.S. Energy Information Administration (EIA) earlier this year reported that the power sector was poised to add 11.2 GW of new natural gas–fired capacity in 2017. If that forecast proves accurate, it

A number of baseload generators across Europe have decried the fall in average European wholesale power prices, which some peg to additions of subsidized low-marginal-cost renewable generation to an already

Beyond the bitter disputes that have recently cropped up between Ukraine and Russia concerning Russia’s 2014 annexation of Crimea and the subsequent separatist violence in Ukraine’s Donbass region

The Midcontinent Independent System Operator’s (MISO’s) geographic footprint extends down the middle of the U.S. Because of the structure of its market, MISO has artfully avoided some nasty policy and

A newly released update to the Power Sector Carbon Index, developed by Carnegie Mellon University with the support of Mitsubishi Hitachi Power Systems (MHPS), found that U.S. power plant emissions averaged 955 lb of CO2 per MWh during the first three months of 2017. 1. Carnegie Mellon University Power Sector Carbon Index. The index shows […]

Kiewit Power Constructors Co. has been selected as the EPC contractor for the CPV Fairview Energy Center, a new natural-gas powered electric generating facility in Jackson Township, north of the city of Johnstown, Pennsylvania. The project is led by Competitive Power Ventures (CPV), an independent power producer dedicated to increasing America’s energy sustainability by providing […]

Increased use of less-expensive natural gas and renewable sources of energy for power generation is putting financial pressure on U.S. nuclear power plants, according to an analysis of electricity costs from Bloomberg New Energy Finance (BNEF). Nicholas Steckler, an analyst for BNEF, in a June 14 report said nuclear operators are losing about $2.9 billion […]