FirstEnergy says strategic options include sale of 13 power plants FirstEnergy Corp. is undertaking a “strategic review” of its competitive generation business that could lead to selling off as many as 13 power plants, including its three nuclear plants, where nearly 3,000 people work, its chief executive officer said Friday. “The fact is, competitive generation … Continue reading #FirstEnergy says strategic options include sale of 13 power plants→
China Seeks to Export Power Amid Signs It Built Too Many Plants China is seeking to build up export markets for its power amid signs the nation has invested too much in new generation plants. State Grid Corp. of China, which runs the majority of the nation’s electricity distribution network, is considering how to build … Continue reading China Seeks to Export Power Amid Signs It Built Too Many Plants→
Northeast US power gen mix still malleable as winter approaches Winter is around the corner and for regions like the Northeast it can mean a shifting power generation picture. And because the Northeast has increasingly turned to natural gas for its generation needs as older power plants have retired, it further puts Northeast power prices … Continue reading Northeast US power gen mix still malleable as winter approaches→
PJM capacity auction reform spurs $250 million in investments The operators of generation units that cleared in the PJM Interconnection’s Capacity Performance auction for the 2016-17 planning year have spent or are spending about $250 million in response to the new capacity market’s tougher reliability requirements, stakeholders learned Monday. During the PJM Members Committee monthly … Continue reading PJM capacity auction reform spurs $250 million in investments→
Duke Energy Cooling Pond Dam Collapses in Wake of Hurricane Matthew Flooding The breach occurred today just minutes after Duke Energy issued a statement claiming that the “Ash basin and cooling pond dams across the state continue to operate safely; in fact, we’ve been pleased with their good performance during the historic flooding Hurricane Matthew … Continue reading #Duke_Energy Cooling Pond Dam Collapses in Wake of #Hurricane_Matthew Flooding→
Orange cloud coming from Suncor Energy plant after power failure COMMERCE CITY, Colo. — Several people called emergency dispatch after seeing an orange cloud coming from the Suncor Energy plant on Friday afternoon. Suncor Energy says the orange cloud was the result of a power failure. “At approximately noon today our Commerce City Refinery experienced … Continue reading Orange cloud coming from #Suncor_Energy plant after power failure→
Generators: ‘Unjust’ Rule Cost $100M in New England Heat Wave New England generators say a rule meant to prevent withholding of generating resources unfairly cost them $100 million during an August heat wave (EL16-120). The New England Power Generators Association filed a complaint with FERC on Sept. 30, saying ISO-NE’s peak energy rent (PER) adjustment … Continue reading Generators: ‘Unjust’ Rule Cost $100M in New England Heat Wave→
How IoT makes electricity generation more efficient For roughly 75 years, the utility industry in the U.S. has been set in its ways: big, centralized power plants and high-voltage transmission lines that send power to substations which then distribute that power to homes and businesses. But the times are changing. And that means CIOs at … Continue reading How IoT makes electricity generation more efficient→
Talen Energy Plans Brief Maintenance Outage of Unit 2 Reactor at Susquehanna Plant in Pennsylvania Talen Energy (NYSE:TLN) said Monday that it plans to take a brief maintenance outage on unit 2 of its Susquehanna nuclear power plant in Luzerne County, Pennsylvania within the next few weeks. Susquehanna has been working with the manufacturer of … Continue reading Talen Energy Plans Brief Maintenance Outage of Unit 2 Reactor at Susquehanna Plant in Pennsylvania→
Wind capacity growth clouds ERCOT market outlook With wind turbines accounting for an increasing share of the capacity mix in Texas’ wholesale power market, the certainty around market outcomes is diminishing. “The [Electric Reliability Council of Texas Inc.] market is now more dependent on random weather than ever,” ICF analysts wrote in an upcoming report. … Continue reading Wind capacity growth clouds ERCOT market outlook→
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