NRG Energy
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Markets
DOE Issues Emergency Order to Alleviate California Power Crisis
The U.S. Department of Energy (DOE) on Sept. 6 took the rare but drastic action of issuing an emergency order under the Federal Power Act (FPA) to authorize the maximum operation of three natural gas–fired facilities on the California Independent System Operator’s (CAISO’s) grid whose full capability had been stranded by federal air quality and […]
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COVID-19
NRG Energy, Inc. Pledges $2 Million To COVID-19 Relief Efforts
Support Directed to First Responders, Community Relief Funds, and Teachers NRG Energy CEO, Mauricio Gutierrez, shares details of the company’s $2 million donation supporting COVID-19 relief efforts PRINCETON, N.J. – As the battle to contain the COVID-19 pandemic continues, NRG Energy, Inc. (NYSE: NRG) announces broad efforts to aid those on the front lines of […]
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News
ERCOT Again Expects Tight Summer 2020 Conditions
Despite adding 513 MW of new capacity this year alone, the Electric Reliability Council of Texas (ERCOT) expects tight grid conditions this summer, and it warned it could declare an energy emergency depending on a combination of factors. Citing its newly released preliminary Seasonal Assessment of Resource Adequacy (SARA) assessment for the summer season (June–September), […]
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Distributed Power
Show Preview: Distributed Energy Conference 2019
POWER magazine’s second Distributed Energy Conference will build upon the success of the inaugural event, a sold-out program that brought together utilities, energy industry executives, and companies from across the spectrum of distributed power generation. Insiders from the wind and solar sectors, along with operators of backup and emergency power systems, combined heat and power, […]
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News
Plenty of Natural Gas to Go Around—It Just Needs a Market
Demand growth for natural gas for power generation may have slowed in the U.S., as renewable resources continue to take market share. With U.S. production continuing to hit record highs, and new gas-fired
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Legal & Regulatory
NRG Ends Effort to Repower Dunkirk Plant
NRG Energy will not restart its Dunkirk power plant in western New York, with the company on July 11 saying the cost to reconnect the facility to the state’s electric grid prohibits reopening the retired coal-fired plant as a natural gas-fueled facility. David Gaier, an NRG spokesman, told POWER the project’s increased costs, along with needed […]
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Renewables
NRG Sheds Generation Emphasis, Puts More Focus on Retail
To remain competitive in power markets increasingly characterized by disruptions, NRG Energy plans to accelerate its transition from a pure independent power producer (IPP) model to a more simplified customer-driven integrated power model that favors its retail businesses. In a number of presentations showcased on March 27 as part of NRG’s 2018 Analyst Day, company […]
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Coal
GenOn Selling More Assets in Restructuring
GenOn Energy, a unit of NRG Energy that filed for bankruptcy in June 2017, said it has agreed to sell two units of the Canal Generating Plant to Stonepeak Kestrel, a subsidiary of Stonepeak Infrastructure Partners, a private equity firm with offices in New York City and Houston, Texas. The Canal plant in Sandwich, Massachusetts, […]
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Gas
GenOn Energy to Retire Three California Gas Plants
In a move that demonstrates how difficult current market conditions are, even for some natural gas-fired facilities, GenOn Energy—a subsidiary of NRG Energy—said it will shutter three California gas-fired power plants for economic reasons. The company notified the California Public Utilities Commission and California Independent System Operator (CAISO) in letters dated February 28 that it […]
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Renewables
AEP, American Power Giant, Sets Goal to Slash Carbon Emissions 80% by 2050
American Electric Power (AEP), one of the nation’s largest power generators, will pursue a strategy to reduce its carbon dioxide (CO2) emissions by 60% from 2000 levels by 2030, and 80% from 2000 levels by 2050. AEP expects to achieve carbon reductions through a variety of actions, including investments in renewable generation and advanced technologies […]