Consumers Energy to Quit Coal by 2025, Speeding Closure of Five Units

Credit to Author: Sonal Patel| Date: Thu, 24 Jun 2021 15:50:44 +0000

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Michigan’s largest energy provider Consumers Energy will stop using coal as a fuel source for power generation within the next four years—15 years earlier than previously planned. In an updated integrated resource plan (IRP) filed with the Michigan Public Service Commission (MPSC) on June 23, the CMS Energy subsidiary said the effort would lead Michigan’s […]

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Consumers Energy to Quit Coal by 2025, Speeding Closure of Five Units

Credit to Author: Sonal Patel| Date: Thu, 24 Jun 2021 15:50:44 +0000

The post Consumers Energy to Quit Coal by 2025, Speeding Closure of Five Units appeared first on POWER Magazine.

Michigan’s largest energy provider Consumers Energy will stop using coal as a fuel source for power generation within the next four years—15 years earlier than previously planned. In an updated integrated resource plan (IRP) filed with the Michigan Public Service Commission (MPSC) on June 23, the CMS Energy subsidiary said the effort would lead Michigan’s […]

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AEP Will Shutter Nearly Half its Giant Coal Power Fleet—5.6 GW—by 2030

Credit to Author: Sonal Patel| Date: Tue, 10 Nov 2020 16:43:19 +0000

The post AEP Will Shutter Nearly Half its Giant Coal Power Fleet—5.6 GW—by 2030 appeared first on POWER Magazine.

American Electric Power (AEP) will shut down or refuel 5.6 GW of its 2020 coal-fired power fleet by 2030 to comply with environmental rules—including recent revisions governing federal coal ash and effluent limitations—and rebalance its portfolio in a bid to meet ambitious climate goals.  The move is bold for the Columbus, Ohio-based generating giant, which […]

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AEP Will Shutter Nearly Half its Giant Coal Power Fleet—5.6 GW—by 2030

Credit to Author: Sonal Patel| Date: Tue, 10 Nov 2020 16:43:19 +0000

The post AEP Will Shutter Nearly Half its Giant Coal Power Fleet—5.6 GW—by 2030 appeared first on POWER Magazine.

American Electric Power (AEP) will shut down or refuel 5.6 GW of its 2020 coal-fired power fleet by 2030 to comply with environmental rules—including recent revisions governing federal coal ash and effluent limitations—and rebalance its portfolio in a bid to meet ambitious climate goals.  The move is bold for the Columbus, Ohio-based generating giant, which […]

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What’s Driving Wholesale Power Price Changes? Not What You Think

Credit to Author: Sonal Patel| Date: Wed, 27 Nov 2019 15:10:43 +0000

The post What’s Driving Wholesale Power Price Changes? Not What You Think appeared first on POWER Magazine.

Falling natural gas prices tamped down annual U.S. wholesale power prices over the last decade by $7/MWh to $53/MWh—to a much higher degree compared to the impact of wind and solar growth—a new report from Lawrence Berkeley National Lab (LBNL) suggests.  The Nov. 20–published report, The Impact of Wind, Solar, and Other Factors on Wholesale Power […]

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DTE Energy Latest to Target Net-Zero Carbon Emissions

Credit to Author: Sonal Patel| Date: Thu, 26 Sep 2019 12:57:39 +0000

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DTE Energy has announced a goal to achieve net-zero carbon emissions by 2050, following steps by Duke Energy, American Electric Power, and NRG Energy to do the same over the past two weeks. The Detroit-based company on Sept. 26 said it would go beyond its existing commitment to reduce carbon emissions 50% by 2030 and […]

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Chile Presents a Coal Exit Plan

Credit to Author: POWER| Date: Mon, 01 Jul 2019 00:00:00 +0000

Chile, a country that relied on coal for about two-fifths of its power generation in 2016, in June announced it would mothball eight coal plants, totaling 23 GW, of its existing 28-plant coal fleet over the

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How the U.S. Is Investing in Advanced Coal Technologies

Credit to Author: Sonal Patel| Date: Thu, 06 Jun 2019 12:42:21 +0000

The U.S. is investing heavily to ensure its future coal-fired power fleet will be cleaner, more efficient, and more flexible, experts said at the 9th International Conference on Clean Coal Technologies in Houston on June 4. The conference—which is taking place this week in the U.S. for the first time—is spearheaded by the IEA Clean […]

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Gas Now Tops Coal in PJM, but Nuclear Still No. 1

Credit to Author: Darrell Proctor| Date: Tue, 19 Mar 2019 21:22:55 +0000

A report from an independent market monitor for PJM Interconnection shows that natural gas-fired power generation topped coal-fired output in PJM in 2018, the first time that gas has topped coal in the history of the largest U.S. grid operator. The “2018 State of the Market” report from Monitoring Analytics LLC, which includes Volume 1 […]

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How Did MATS Affect U.S. Coal Generation?

Industry aggressively fought the Mercury and Air Toxics Standards (MATS) when the Obama administration proposed it in 2011 and finalized it in February 2012, warning it would precipitate the closure of a swathe of coal capacity nationwide. Six years later, the rule appears to have had a sizable impact on the power sector, but not […]

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