retire

The president and CEO of Florida Power & Light (FPL) announced he will step down from his role as leader of the utility. Eric Silagy, who became FPL’s president in 2011 and was named CEO in 2014, on Jan. 25 said he will move into a transitional role with the utility next month. Silagy, 57, […]

The New Jersey Board of Public Utilities (NJBPU) approved a petition filed by Atlantic City Electric Co. (ACE) that modifies power purchase agreements (PPAs) and power sales agreements (PSAs) between ACE and Chambers Cogeneration Ltd. and Logan Generating Co., the last two coal-fired electricity generation units in New Jersey. Under the agreements, coal-fired generation will […]

A German plan to provide coal-fired power plant operators with money to offset financial losses, part of the country’s plan to incentivize the closure of coal plants as part of Germany’s plan to exit the fuel, has led energy giant Vattenfall to say it could close its 1.6-GW Moorburg coal plant in Hamburg by the […]

The past 10 years have been filled with trials and tribulations for both the nuclear and coal power industries. From accidents to plant closures there has been little to cheer about. Still, nuclear and coal power continue to provide reliable baseload generation to billions of customers around the globe. Here’s a look back at the […]

A subsidiary of MDU Resources Group on February 19 said it plans to close three of its coal-fired units at power plants in Montana and North Dakota. Montana-Dakota Utilities said it would partly replace the lost generation with a new simple-cycle gas-fired unit at the North Dakota site. The company on Tuesday said a biannual […]

The Minnesota Public Utilities Commission (MPUC) voted unanimously to support Xcel Energy’s latest long-range plan, which will transform the company’s energy fleet. Xcel expects to more than double its renewable energy portfolio as a result, delivering greater than 60% carbon-free energy to its Upper Midwest (Michigan, Minnesota, North Dakota, South Dakota, and Wisconsin) customers by […]

Public Service Enterprise Group (PSEG) will close the 620-MW Hudson Generation Station in Jersey City, N.J., and the 632-MW Mercer Generation Station in Hamilton Township, N.J., on June 1, 2017. “The sustained low prices of natural gas have put economic pressure on these plants for some time. In that context, we could not justify the […]

Dynegy Inc. announced on May 3 that it plans to shut down multiple Illinois coal-fueled units due mainly to the failure of the plants to recover basic operating costs in recent Midcontinent Independent System Operator (MISO) capacity auctions. According to the company, the generation that will be lost is 2,800 MW—about 30% of the total […]

Entergy Corp. said on Nov. 2 that it would retire the James A. FitzPatrick Nuclear Power Plant in Scriba, N.Y., at the end of its current fuel cycle due to the facility’s “continued deteriorating economics.” The plant—located in Oswego County on the southeast shore of Lake Ontario—is an 838-MW boiling water reactor commissioned in July […]

Xcel Energy said on Oct. 2 that the company would accelerate its transition from coal power to cleaner energy sources by retiring two units at its Sherburne County Generating Plant (Sherco) in Becker, Minn. The decision is part of the company’s strategy to cut carbon emissions 60% by 2030. The Sherco plant is Xcel’s largest […]