NRG

Capacity prices in PJM Interconnection’s latest auction spiked to the market’s price ceiling, hitting $329.17/MW-day across the board for the 2026/2027 delivery year—the maximum allowed under new Federal Energy Regulatory Commission (FERC) rules. The regional transmission organization’s (RTO’s) competitive Base Residual Auction (BRA), conducted on July 9, 2025, and released on July 22, secured 134,311 […]

Officials with PJM Interconnection said a coal-fired power unit in Delaware can be closed two years ahead of schedule. The grid operator this month announced the Indian River Unit 4, a 411-MW generator in southern Delaware owned by NRG, can be taken offline without negative impacts to power reliability. The Indian River plant, located in […]

A major Pennsylvania coal-fired power plant, the largest coal-burning facility in the state before it was closed in 2023, may be converted to a natural gas-fired station. Officials in Homer City on Dec. 3 announced plans to restart the Homer City Generating Station and increase its generating capacity through burning natural gas. A redevelopment group […]

The interim CEO of Texas-based NRG Energy Inc. said the company plans to apply for up to $900 million in loans from the state in order to finance construction of new natural gas-fired power plants. Larry Coben, who was appointed interim CEO in November 2023 after the resignation of long-time CEO Mauricio Gutierrez, on Feb. […]

American Electric Power (AEP) and Calpine Corp. separately announced significant leadership reshuffles on Feb. 27, marking new chapters for the power giants. Investor-owned utility AEP, with immediate effectiveness, removed AEP Chair, President, and CEO Julie Sloat, appointing Benjamin G.S. Fowke III, an AEP Board of Directors member and the former chairman and CEO of Xcel Energy, […]

Customization is what we expect from our coffee order, not something we associate with an electricity plan. But like other industries influenced and motivated by the Internet of Things (IoT) age, the energy industry is having a renaissance that is changing customers’ relationship with power. Customers want their electricity to do more than keep the […]

December 7, 2022 – Framatome signed two contracts with NRG to supply enriched uranium targets and fuel elements for the High Flux Reactor (HFR) in the Netherlands. The HFR research reactor produces more than 60% of Europe’s medical isotopes, primarily for the use in diagnostic nuclear imaging scans. “We are pleased to continue our long […]

A new wastewater rule authorized by the U.S. Environmental Protection Agency (EPA) earlier this year is leading several coal-fired plants to announce closure plans, according to an analysis of state regulatory filings by the Sierra Club. The group said at least 26 plants in 14 states have said they will stop burning coal, with 21 […]

–11th Annual Sustainability Report Documents Greater than 35 Million Metric Ton Reduction in Carbon Dioxide Equivalent Emissions Since 2014– NRG 2020 Sustainability Report June 23, 2021 07:24 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–NRG Energy, Inc. (NYSE:NRG), North America’s leading integrated energy and home services company published its eleventh annual sustainability report today. The company has reduced […]

NRG Energy Inc. said it will retire three coal-fired power plants—two in Illinois and one in Delaware—next year after disappointing results in the May 2021 capacity auction for the PJM Interconnection. NRG during its June 17 investor day presentation said about 1.6 GW of coal-fired generation would be closed, including the 682-MW Waukegan and 510-MW […]