Germany’s Coal Exit Bound to Be Complicated

Credit to Author: POWER| Date: Fri, 01 Mar 2019 00:00:00 +0000

Eight years after Germany decided it would halt nuclear power production by 2022, the country that relied on lignite and hard coal for 38% of its generated power in 2018 will phase out coal by 2038 or earlier

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COP24’s Hefty Impact on the Power Sector

Credit to Author: POWER| Date: Fri, 01 Feb 2019 00:00:00 +0000

Two weeks of intense negotiations at the 24th meeting of the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP) in Katowice, Poland, last December culminated in

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Colstrip Power Plant Threatened by Westmoreland Bankruptcy

Credit to Author: Aaron Larson| Date: Wed, 30 Jan 2019 19:40:29 +0000

The Colstrip Power Plant, a four-unit, 2,094-MW coal-fired station located about 100 miles east of Billings, Montana, could see its coal supply contract nullified as a result of Westmoreland Coal Co.’s Chapter 11 bankruptcy reorganization. Westmoreland operates the 25,000-acre Rosebud coal mine, among others. Rosebud is adjacent to the Colstrip plant and supplies almost all […]

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Despite Financial Hurdles, Utility Capital Spending to Remain Elevated

Credit to Author: Sonal Patel| Date: Thu, 27 Dec 2018 16:34:36 +0000

Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting measures, and on renewables and environmental projects, said Moody’s Investors Service in a recent sectoral briefing.  The credit ratings agency for the first time this […]

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A Legal Guide to Power Generation Mergers and Acquisitions

A myriad of issues come into play when parties execute power industry mergers and acquisitions. Part 1 of this two-part series examines what dealmakers need to know before making any transactions

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Hydropower Bill Overwhelmingly Clears Senate, Heads to President’s Desk

The U.S. Senate has cleared a major water infrastructure bill that contains several provisions promoting hydropower development, sending it to the president’s desk. The Senate passed S. 3021, “America’s Water Infrastructure Act of 2018,” on October 10 through a bipartisan vote of 99–1. Because the House of Representatives unanimously passed the bill in a voice […]

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DOE Sank Billions of Fossil Energy R&D Dollars in CCS Projects. Most Failed.

Nearly half of the $2.66 billion spent by the U.S. Department of Energy (DOE) since 2010 to develop advanced fossil energy technologies was dedicated to nine carbon capture and storage (CCS) demonstration projects—but only three were active at the end of 2017, and only one was at a power plant. In a report prepared for […]

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U.S. Biomass Power, Dampened by Market Forces, Fights to Stay Ablaze

Though experts say biomass should continue to play a key role in the U.S. renewable power portfolio for its baseload properties, contributions to forest management, and other reasons, a swathe of uneconomic

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