Power companies across the nation are being pressured to retire fossil-fueled power plants and transition to cleaner energy resources. But many existing fossil plants have not been completely paid off…

Projections that coal utilization will decline faster than previously forecast have spurred Babcock & Wilcox Enterprises (B&W) to shed 200 jobs and restructure its traditional power business that serves coal-fired…

Siemens AG has completed a company reorganization to respond to the "persistently difficult environment" in the global power generation market. The global technology company, which had around 357,000 employees in…