NRG

New Jersey lawmakers are exploring whether to legislatively prop up future operation of two nuclear power plants in the state, holding a hearing on December 4 in which key stakeholders sounded off on how nuclear subsidies could affect the environment, the economy, and the power market. The hearing, jointly held by the state Senate Environment […]

Dynegy Inc.’s pending merger with Vistra Energy will create a company of a significant diversification and scale designed to weather volatile markets. Over the past year, at least eight other major power companies have embarked on various strategies to guard against distress in unregulated markets. Duke Energy. Three years ago, Duke Energy announced it would move away from organized […]

Two members of the California Energy Commission (CEC) on October 6 said they would recommend the full five-member group oppose construction of a new natural gas-fired power plant in Oxnard. The two commissioners said environmental impacts of the plant could not be mitigated, and the plant would not be able to conform to local ordinances […]

A federal judge has let stand Illinois’ zero-emission credit (ZEC) program, dismissing challenges filed by power producers who said the initiative subsidizes nuclear power at the expense of other resources. Judge Manish S. Shah of the U.S. District Court for the Northern District of Illinois on July 14 ruled in favor of motions by the […]

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 […]

A federal appeals court has ruled the Federal Energy Regulatory Commission (FERC) should not have denied a 2012 proposal by PJM in which the regional power operator sought to revise its minimum offer price rule (MOPR). The D.C. Circuit Court of Appeals on July 7 said FERC went beyond its “passive and reactive role” under […]

GenOn has begun its transition back into a standalone power generation company after NRG Energy—which acquired it in a $1.7 billion deal just five years ago—struck a comprehensive restructuring agreement with GenOn’s creditors, and GenOn filed for Chapter 11 protection. A June 14 financial filing confirms that NRG, GenOn, and an ad hoc group of […]

Under a proposed restructuring agreement, NRG Energy will hand over 100% equity of GenOn Energy, a wholesale generation company it acquired in a $1.7 billion deal in 2012, to the company’s bondholders once GenOn emerges from voluntary Chapter 11 restructuring. NRG, GenOn, and an ad hoc group of GenOn noteholders reached a mutual cooperation agreement […]

ST. LOUIS, May 8, 2017 – ESCO Technologies Inc. (NYSE: ESE) today announced that it has acquired NRG Systems, Inc. (NRG), doing business as Renewable NRG Systems, located in Hinesburg, Vermont. NRG, founded in 1982, is the global market leader in the design and manufacture of decision support tools for the renewable energy industry, primarily […]

Many elaborate planning tools are available to help managers prepare for power plant outages. However, there is something to be said for keeping things simple. One modest tool that some NRG Energy facilities

PJM Interconnection’s independent market monitor is joining the pushback—spearheaded by a trade group and several generators that operate in competitive wholesale markets—against an Illinois law that props up financially distressed nuclear plants with subsidies. Monitoring Analytics on March 16 filed a motion with the U.S. District Court for the Northern District of Illinois to intervene […]

Several U.S. states have passed, or are mulling, programs that expand state aid to financially distressed nuclear reactors in a bid to keep them open for economic and environmental reasons. Generators that operate in competitive wholesale markets are perturbed by these measures, which they say amount to nuclear “bailouts.” —Sonal Patel, associate editor (@POWERmagazine, @sonalcpatel) […]

PRINCETON, NJ — December 19, 2016 — NRG Energy, Inc. (NYSE: NRG) announced today the achievement of an important milestone in its fleet optimization strategy, completing coal-to-gas projects at four power plants across NRG’s fleet. The successful introduction of natural gas replacing coal as the primary fuel allows these units to continue meeting customer needs […]

NRG and NRG Yield Unveil New 20 MW Solar Facility in Southern California New Solar Installation Helps California Move Closer to Clean Energy Goal March 07, 2016 08:00 AM Eastern Time  PRINCETON, N.J.–(EON: Enhanced Online News)–NRG Energy, Inc. (NYSE:NRG), the country’s largest independent power producer, and its subsidiary NRG Yield, Inc. (NYSE:NYLD, NYLD.A), today announced that […]

NRG Energy announced on Dec. 3 that David Crane is stepping down as president and CEO of the company effective immediately. Crane had served in the position since 2003. During more than 12 years at the helm of NRG, he led the company through its emergence from bankruptcy to its current position as a leader […]

The U.S. Department of Energy (DOE) wants GE to plan and propose a large-scale pilot test of a carbon dioxide capture solution that uses a class of amino silicone compounds used to soften hair or clothing. The

If there was one thing that the panelists at Wednesday’s Executive Roundtable at the ELECTRIC POWER 2015 Convention and Exhibition in Rosemont, Ill., agreed on, it was that change—spurred by new regulations, cheap gas, and the spread of distributed generation—is coming to the power sector. Beyond that, the executives of five highly influential power companies—Dynegy, […]

NRG Energy is the latest company in a string of generators choosing to cease burning coal at generating units to comply with environmental rules.   An environmental action plan to reduce air pollution in Illinois released by the New Jersey–based company on Aug. 7 proposes to retire the 251-MW coal-fired Unit 3 at the 761-MW […]

The Department of Energy (DOE), NRG Energy Inc., and JX Nippon Oil & Gas Exploration Corp. announced on July 15 that construction has begun on the first commercial-scale post-combustion carbon capture retrofit project on an existing coal-fired power plant in the U.S. The Petra Nova Carbon Capture Project is expected to capture 90% of the […]

NRG Energy’s shopping spree, which has seen it become the nation’s largest merchant generator through a string of acquisitions, continued this week as subsidiary NRG Yield announced on June 4 that it has agreed to acquire the mammoth Alta Wind facility in Tehachapi, Calif., from Terra-Gen Power LLC. The Alta Wind farm has an operating […]

NRG Energy could deactivate five units at two coal-fired power plants in Maryland because new regulations proposed by the state to curb emissions of nitrogen oxides (NOx) and sulfur dioxide (SO2) will require pollution controls that cannot be economically justified, the New Jersey–based company said.  NRG last week notified regional grid operator PJM Interconnection that […]