Credit to Author: Darrell Proctor| Date: Fri, 01 Sep 2023 04:22:40 +0000
The Mount Olive project in New Jersey is a model for turning a brownfield site into a “brightfield,” supporting cleaner power generation and providing a wealth of benefits for the local community. The U.S
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Read moreCredit to Author: Steve Hanley| Date: Sun, 18 Jun 2023 22:35:21 +0000
Utility companies like to paint themselves as working hard for their customers, but for many, it is about preserving their monopoly status.
Credit to Author: Darrell Proctor| Date: Mon, 06 Mar 2023 22:07:34 +0000
Texas-based energy company Vistra Corp. is adding to its nuclear power generation capacity. The group on March 6 announced it would buy Ohio-based Energy Harbor Corp. in a $3.4 billion deal that includes ownership of three nuclear power stations. The transaction includes $3 billion in cash, with Energy Harbor shareholders receiving a 15% stake in […]
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Read moreCredit to Author: Darrell Proctor| Date: Tue, 16 Jul 2019 00:39:26 +0000
New York City-based LS Power on July 15 said it would end a project to expand its natural gas-fired Troy power plant in Ohio if state lawmakers pass legislation to subsidize the state’s two nuclear power plants. LS Power in a news release Monday said, “Handouts to nuclear plants jeopardize the economics of the other […]
The post POWER Notebook: Ohio Gas Plant Project in Jeopardy if Nuclear Bill Passes appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 14 Feb 2019 14:29:40 +0000
Pennsylvania, the nation’s second-largest nuclear power-producing state, is now definitively a battleground for nuclear power subsidies. Last week, in two memos that were circulated in the state House and Senate, seven lawmakers signaled they would soon introduce legislation that would update a 2004 state law—the Alternative Energy Portfolio Standards (AEPS)—to include nuclear power. The law […]
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Read moreFirstEnergy on October 18 said its coal-fired Pleasants Power Station in West Virginia will stay open until June 2022, after earlier announcing the plant would close in January of next year. FirstEnergy spokeswoman Jennifer Young said, “Keeping Pleasants in operation … allows the plant to fulfill current capacity obligations and provides additional time for evaluation […]
The post West Virginia Coal Plant Will Remain Open Until 2022 appeared first on POWER Magazine.
Read moreMore 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 […]
The post Report: 10% of U.S. Coal Mined in 1H2018 Went to Plants Scheduled to Retire appeared first on POWER Magazine.
Read moreFirstEnergy Solutions Corp. (FES) notified PJM Interconnection, the regional transmission organization (RTO), of its plans to deactivate four fossil-fuel generating plants in 2021 and 2022. In a press release issued on August 29, the company said it “is closing the plants due to a market environment that fails to adequately compensate generators for the resiliency […]
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