renewables

The Trump administration’s Environmental Protection Agency (EPA) is considering its options to repeal or replace the Clean Power Plan (CPP), the signature climate regulation of former President Barack Obama. POWER magazine on October 6 obtained a 43-page draft of the EPA’s proposed action on the CPP. The formal document is expected to be released soon. The […]

Chinese coal-fired electricity generation is expected to flatten through 2040 as renewables fill the gap caused by increased energy demand, according to the U.S. Energy Information Administration’s (EIA) International Energy Outlook 2017. According to the study, coal accounted for more than 72% of China’s energy generation in 2015. By 2040, however, coal’s share of generation […]

Xcel Energy on August 29 said it wants to retire 660 MW of coal-fired generation capacity as part of a “Colorado Energy Plan” that also includes adding as much as 1,700 MW of renewable energy and 700 MW of natural gas-fired power generation to its portfolio in the state. A key element of the proposal […]

In a long-awaited study of electricity markets and grid reliability, the Department of Energy has called out natural gas as the No. 1 reason for retirements of coal and nuclear plants, breaking from the Trump administration’s prior talking point blaming regulations and renewables for the nation’s shrinking coal and nuclear fleets. The report attributes four […]

ABB has received an order of around $30 millon from the Dutch-German transmission system operator, TenneT, to supply a stabilization solution that will enhance the reliability and quality of power as the grid absorbs more renewable energy. The order was booked in the second quarter of 2017. Germany’s “Energiewende” energy transition roadmap aims for a […]

DTE Energy has filed plans with the Michigan Public Service Commission (MPSC) to build a 1,100-MW natural gas-fired power plant on about 100 acres east of the existing Belle River Power Plant, northeast of Detroit near the Canadian border. The August 1 filing confirms the proposal that DTE discussed with local officials last fall for […]

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 […]

Although President Trump has been promoting a pro-coal energy agenda, there are four things killing coal that the administration may not be able to remedy. That was the message Bill Ritter Jr. delivered to American Society of Mechanical Engineers (ASME) Power and Energy Conference & Exhibition attendees during his keynote address on June 27. Ritter […]

Increased use of less-expensive natural gas and renewable sources of energy for power generation is putting financial pressure on U.S. nuclear power plants, according to an analysis of electricity costs from Bloomberg New Energy Finance (BNEF). Nicholas Steckler, an analyst for BNEF, in a June 14 report said nuclear operators are losing about $2.9 billion […]

Dominion Energy told POWER it will begin a “strategic reassessment” of its plans for the 2,111-MW Millstone Nuclear Power Station in Connecticut after state legislators effectively blocked a bill that would have provided it a mechanism to bid for state contracts reserved for renewables. Dominion waged a tough campaign to push the bill through the […]