Owners of distributed generation projects in Minnesota to see sales tax refund POLICY: • A federal proposal to subsidize coal and nuclear power over other forms of electricity has created unusual alliances in Ohio among energy companies, state agencies and other groups who oppose the plan. (Midwest Energy News) • Grid operator PJM and two … Continue reading Owners of distributed generation projects in Minnesota to see sales tax refund→
Pamela S. Ellis: Sale of power plant would hurt WV’s competitiveness The Pleasants Campaign commissioned by the West Virginia Sierra Club raised public awareness of West Virginia ratepayer exposure to increased monthly charges for electricity due to the proposed purchase of the Pleasants Power Station, a coal-fired power plant by FirstEnergy subsidiaries, Mon Power and … Continue reading Sale of power plant would hurt WV’s competitiveness→
Eversource to sell New Hampshire power assets for $258m Eversource has agreed to sell its power generating assets with a combined capacity of around 1.2GW in New Hampshire (NH) to two buyers for $258m. As part of the transactions, the New Hampshire electric utility will be divesting five fossil assets and nine hydro assets. The … Continue reading #Eversource to sell #New_Hampshire power assets for $258m→
Jera to acquire 50% stake in 972MW Linden Cogen facility in New Jersey Jera will acquire a 50% interest in Linden Cogen, which operates the 972MW natural gas-fired thermal power cogeneration complex located in the State of New Jersey, US. Under the terms of the deal, Jera, through its wholly-owned subsidiary JERA Power, will acquire … Continue reading #Jera to acquire 50% stake in 972MW #Linden Cogen facility in New Jersey→
Luminant to Close Two Texas Power Plants RVING, Texas, Oct. 13, 2017 /PRNewswire/ — Luminant, a subsidiary of Vistra Energy (NYSE: VST), today announced that it will close two coal-fueled power plants in Central Texas: its two-unit Sandow Power Plant in Milam County and its two-unit Big Brown Power Plant in Freestone County. In total, … Continue reading #Luminant to Close Two Texas Power Plants→
Hurricane Harvey caused electric system outages and affected wind generation in Texas Hurricane Harvey caused substantial electricity outages, as power plants and transmission infrastructure—particularly in south Texas and along the Gulf Coast—were affected by high winds and significant flooding. At its peak, more than 10,000 megawatts (MW) of electricity generating capacity in the Electric Reliability … Continue reading #HurricaneHarvey caused electric system outages and affected wind generation in #Texas→
New natural gas power plant in Oregon opens His voice slightly raised to get above the low thrum of the Oregon Clean Energy power plant behind him, Gov. John Kasich made clear on Monday where he stands on Ohio’s electric future. “This is the future. This is a big deal,” the governor said of the … Continue reading New natural gas power plant in Oregon opens→
Challenge for merchant generators is opportunity for private equity A tough market for merchant generators could be a fertile field for private equity investors. The merchant power business model is distressed and headed for a “second round of bankruptcies,” a recent study by Wilkinson Barker Knauer LLP and the Power Research Group finds. Merchant generators … Continue reading Challenge for merchant generators is opportunity for private equity→
PJM proposes FERC rule changes to recognize key generators, baseload generation attributes In testimony before the House Subcommittee on Energy, Vice President of Federal Government Policy at PJM Interconnection Craig Glazer discussed proposed rule changes to “better recognize the attributes” of key generators including baseload generation. Glazer proposed changes to the Federal Energy Regulatory Commission’s … Continue reading PJM proposes FERC rule changes to recognize key generators, baseload generation attributes→
Construction continues on OG&E’s Mustang power plant modernization OKLAHOMA CITY — Going from steam, brass pipes and valves to jet engine technology and circuit boards, construction on Oklahoma Gas and Electric Co.’s Mustang modernization project will end later this year with seven new natural gas units ready for electricity generation. As project manager Steven Blansett … Continue reading Construction continues on OG&E’s Mustang power plant modernization→
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