Pennsylvania

The Oyster Creek Nuclear Generating Station in New Jersey, the oldest operating nuclear plant in the U.S., was shut down September 17. Workers marked the closure with a ceremony at the plant, as 400 current employees and former workers watched via a livestream as operators took the plant offline. Oyster Creek, a 625-MW single-reactor plant […]

The U.S. Energy Information Administration’s (EIA’s) latest report on the nation’s power generation inventory expects 32 GW of new capacity will enter commercial service this year, the most in at least at decade. And for the first time in five years, renewable energy sources will not make up the majority of that new generation. Nearly […]

A report released this week by The Brattle Group says that if four nuclear power plants in Ohio and Pennsylvania are allowed to retire early it will cause “substantially higher emissions of CO2 and other pollutants” and that there will be “a significant increase in electricity prices” not only in the two states, but also […]

Analysts who spoke with POWER differ slightly on the numbers, but they all agree that U.S. demand for natural gas for power generation will continue to rise. Supply should not be a problem—domestic

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. […]

Ohio-based FirstEnergy Corp. has dropped the price of several assets as it continues to work toward closing a deal to sell five of the company’s natural gas-fired power plants, along with a hydroelectric facility, to an equity group that specializes in energy investments. FirstEnergy this week said it had cut the price of the facilities […]

Two workers are dead after a pipe ruptured as they were performing maintenance at an underground enclosure at FirstEnergy Corp.’s coal-fired Bruce Mansfield power plant in Shippingport, Pennsylvania. Four other workers were transported to medical facilities, suffering injuries after they were overcome by fumes released by the pipe rupture, Pennsylvania State Police confirmed. FirstEnergy said […]

Exelon Corp. said it plans to retire the Three Mile Island (TMI) nuclear power plant around September 30, 2019, unless policy reforms are enacted in Pennsylvania. The company used a similar ploy in Illinois to pressure lawmakers into passing the state’s Future Energy Jobs bill, which provides subsidies for nuclear power plants. In that case, Exelon […]

Co-developers CPV, GE Energy Financial Services, and OGUSA arranged $700 million of senior debt financing for project Expected to be one of most efficient combined-cycle plants in PA with 1,050 MW added to grid SCHENECTADY, N.Y.—March 27, 2017—GE (NYSE: GE) today announced an order from Competitive Power Ventures (CPV) Fairview Energy Center for two 7HA […]

Homer City Generation, operator of a three-unit, 1,884-MW coal-fired generating station about 45 miles northeast of Pittsburgh, Pa., has initiated a voluntary, pre-packaged Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware. The financial restructuring process is expected to eliminate more than $600 million in existing secured debt from Homer City’s […]