retirements
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News
NRG Will Close 3 Coal Plants After Poor Auction Results
NRG Energy Inc. said it will retire three coal-fired power plants—two in Illinois and one in Delaware—next year after disappointing results in the May 2021 capacity auction for the PJM Interconnection. NRG during its June 17 investor day presentation said about 1.6 GW of coal-fired generation would be closed, including the 682-MW Waukegan and 510-MW […]
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News
Colorado Utility Will Close Last Two Coal Plants
Two coal plants operated by Colorado Springs Utilities (CSU) will close early after the agency’s board voted June 26 to retire the facilities. The move will leave Xcel Energy, Colorado’s largest utility, as the only group still operating coal-fired units in the state after 2030. The CSU board in a 7-2 vote Friday decided to […]
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Fuel
NERC: Accelerated Coal and Nuclear Retirements Pose Limited Reliability Risks
The accelerated retirement of coal-fired and nuclear generation by 2022 could adversely affect reliability in four regions, including in the East and over parts of the central U.S., the North American Electric Reliability Corp. (NERC) warned as it released findings from a “stress-test” scenario. But the entity tasked with ensuring reliability and security of the […]
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Coal
Report: 10% of U.S. Coal Mined in 1H2018 Went to Plants Scheduled to Retire
More than 10% of the coal mined from eight U.S. regions in the first half of 2018 was sent to coal plants scheduled for retirement between this year and 2032, according to a report from S&P Global Market Intelligence. The trend is another troubling sign for the struggling coal industry. The analysis released September 7 […]
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Gas
NTE Opens Gas-Fired Middletown Plant in Ohio
NTE Energy on May 21 inaugurated the new Middletown Energy Center in Middletown, Ohio, the latest in a series of natural gas-fired power plants the Florida-based company is developing in Ohio, Texas, and North and South Carolina. NTE touts the 525-MW Middletown combined cycle facility as among the most efficient gas-fired power plants in the […]
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Renewables
PJM: More Than 3,600 MW Will Retire in 2018
Data from regional transmission organization (RTO) PJM Interconnection shows about 630 MW of power generation will be taken offline in the grid operator’s territory in April, with more than 3,600 MW scheduled to be retired this year, according to the organization’s website. This month’s deactivations are scheduled to begin April 16. Last week, Ohio power […]
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Legal & Regulatory
Experts: Warfare Between Coal and Gas Is Nonexistent
Markets may currently favor natural gas, but coal, which has been diminished for “good reason,” will likely have a significant place as a reliable fuel for power generation, a diverse panel of U.S. coal experts—including a generator, a supplier, and a market analyst—suggested at CERAWeek by IHS Markit in Houston on March 7. Coal lost […]
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Nuclear
New Jersey Considers Nuclear Subsidies for PSEG Plants
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 […]
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Renewables
The Netherlands to Quit Coal Power; UK and Canada Champion Global Transition Away from Coal
The Netherlands, a country that recently commissioned three state-of-the-art coal plants and has been reluctant to close them, on October 10 moved to phase out coal power by 2030. Meanwhile, the UK and Canada this week jointly urged other nations to drop coal from their power profiles. The countries are part of a growing list […]
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Power
Major Power Players Issue Mixed Reactions to DOE’s Controversial Grid Study
The Department of Energy’s (DOE’s) much-anticipated study on grid resilience and reliability elicited immediate chatter from a variety of industry stakeholders, from power generators and trade groups to environmental and clean energy advocates. The 187-page study essentially notes that unprecedented changes are transforming the electricity industry. Over the past 15 years, market forces—namely, cheap natural […]