NRG Energy
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Gas
NRG Buying LS Power Gas-Fired Plants in $12-Billion Deal
NRG Energy announced it would acquire 18 natural gas-fired power plants with 13 GW of generation capacity as part of a $12-billion cash-and-stock deal with LS Power.
Houston, Texas-based NRG on May 12 said the deal, expected to close in the first quarter of 2026, would double the group’s overall generation capacity portfolio to 25 GW. The gas-fired plants are located in the U.S. Northeast and Texas, the company said Monday.
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Gas
NRG, GE Vernova, Kiewit Have Plan to Build Four New Gas-Fired Power Plants
NRG Energy is joining with GE Vernova and Kiewit Corp. in a plan to build four new natural gas-fired power plants. The companies on Feb. 26 said the venture is designed to help supply the energy-intensive data center and artificial intelligence sector. “The accelerating demand for electricity in part due to GenAI [generative artificial intelligence] […]
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News and Notes
POWER Digest [December 2023]
Kenya Set to Expand Hydropower Project. Kenya Electricity Generating Co. (KenGen) said it received approval from government officials to move forward with the Gogo hydropower redevelopment project. The Gogo
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Business
NRG Energy Replaces CEO in Activist Investor–Influenced Shuffle
NRG Energy has appointed the chair of its board of directors, Dr. Lawrence Coben, as its interim president and CEO and appointed four new independent directors to its board, signaling a major leadership reshuffle partly influenced by activist investor firm Elliott Investment Management. The Houston-headquartered energy giant on Nov. 20 said Mauricio Gutierrez, NRG’s long-time and […]
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Power
Petra Nova, Pioneering Power Plant Carbon Capture Unit, Is Up and Running Again, says JX Nippon
Petra Nova, one of the world’s only two carbon capture and storage (CCS) retrofits at a commercial power plant, has restarted operations, JX Nippon Oil and Gas Exploration Corp. announced on Sept. 13. The project, which is designed to remove more than 90% of the carbon dioxide (CO2) from a 240-MW flue gas slipstream from […]
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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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Nuclear
NRG Energy to Sell Texas Nuclear Plant Stake to Constellation in $1.75B Power Move
Constellation Energy, the largest nuclear generator in the U.S., will take over NRG Energy’s 44% ownership stake in the 2.6-GW South Texas Project Electric Generating Station (STP), a nuclear power plant located in Bay City, Texas. Under a definitive agreement announced by two companies on June 1, Constellation will acquire NRG’s 44% equity interest in […]
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Gas
New York Officials Deny Permits for Proposed NRG Gas-Fired Plant
New York officials have denied permits for NRG Energy’s proposed natural gas-fired power plant upgrade project in Astoria, a decision made after an environmental agency said the plan was “inconsistent” with a state measure to reduce greenhouse gas emissions. The state’s Department of Environmental Conservation (DEC) on Oct. 27 said the proposed new power plant […]
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News
Sweet Deal—Hershey, Others Have Solar Pacts
A well-known chocolate maker has announced two new clean energy partnerships as the company continues to increase its sustainability efforts. The Hershey Co. on April 20 said it has power purchase agreements (PPAs) to take electricity from two solar projects, one in North Carolina and another in Texas. Hershey, like many corporate power customers, has […]
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Coal
Improving Load Response and NOx Emissions with Boiler Tuning and Coal-Fired Unit Optimization
Maintaining and operating a coal-fired generating station requires the utmost attention to detail to stay competitive. Focusing on the fundamentals of combustion allows engineers to improve reliability