NRG Energy
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Legal & Regulatory
Connecticut, Ohio, Pennsylvania Make Substantive Gains for State Nuclear Subsidies
A bitter dispute concerning subsidies for nuclear generation that has divided the power sector grew more intense over the past week as Connecticut, Ohio, and Pennsylvania advanced efforts to keep nuclear plants operating. At the same time, legal challenges to existing measures in Illinois and New York continued in two federal courts. In Connecticut, Gov. […]
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O&M
Capturing Carbon and Seizing Innovation: Petra Nova Is POWER’s Plant of the Year
Winning POWER’s highest honor, the U.S.’s first and world’s largest commercial post-combustion carbon capture system at a power plant is distinctively both a globally significant environmental
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Renewables
NRG’s New Plan: Sell Assets, Change Focus, Raise Cash
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 […]
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Coal
[UPDATED] Dynegy Rethinks Illinois Ventures Amid Market Turmoil
As Dynegy moved this week to assume full ownership of two struggling Ohio coal plants it co-owns with AES Corp. subsidiary DPL Inc., the company’s CEO reportedly said it is mulling withdrawing its presence from downstate Illinois owing to the state’s intervention to keep its nuclear plants running. Dynegy CEO Robert Flexon told Crain’s Chicago Business […]
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Coal
World’s Largest Post-Combustion Carbon Capture Project Completed
Petra Nova—a commercial-scale post-combustion carbon capture project designed to remove more than 90% of the carbon dioxide (CO2) from a 240-MW slipstream of flue gas off of the W.A. Parish generating station in Fort Bend County, Texas—has been completed, according to project partners NRG Energy Inc. and JX Nippon Oil & Gas Exploration Corp. The […]
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Coal
Long-Stalled New York Repowering Project Is Revived
Plans to repower NRG Energy’s coal-fired 435-MW Dunkirk power plant near Buffalo, N.Y., to natural gas that have been stalled for years owing to a legal challenge may finally be revived. NRG Energy mothballed the four-unit plant in January 2016. The company had filed to mothball the facility nearly four years earlier, in March 2012, […]
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Renewables
NRG Poised to Scoop Up 2.1 GW of Renewable Assets from Bankrupt SunEdison
NRG Energy has taken action to acquire 2.1 GW of utility-scale wind and solar assets owned by bankrupt renewables giant SunEdison with a $144 million auction bid this week. New Jersey–based NRG Energy on Sept. 12 executed a purchase and sale agreement (PSA) to take on 200 MW of SunEdison’s construction-ready, fully contracted solar assets […]
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Coal
NRG Penalized for Faulty Wastewater Treatment at Maryland Coal Plants
NRG Energy will pay $1 million in penalties, install environmental projects worth another $1 million, and complete costly upgrades under a consent decree it entered into with the state of Maryland to resolve wastewater discharge violations at two coal-fired power plants owned by its subsidiary GenOn. The settlement results from a June 2013 complaint Maryland […]
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Renewables
Fire Is Latest Hurdle for Ivanpah Concentrating Solar Power Plant
Misaligned mirrors at the Ivanpah Solar Electric Generating System in California caused electrical cables to catch fire about two-thirds of the way up the Unit 3 tower on May 19, according to several media reports of statements attributed to fire department personnel. The San Bernardino County (Calif.) Fire Department (SBCFD) reported on its Facebook page […]
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Renewables
NRG Energy to Reorganize, Seeds New Renewables Company
NRG Energy has embarked on a “reset” that will see a separation of its core distributed generation and fossil fuel businesses. The company, headquartered in Princeton, N.J., wants to “simplify” NRG Group to cut down expenses and debt. In a transition that will begin now and be fully effective on Jan. 1, 2016, it will separate […]