Are we thinking about energy all wrong?
Entergy to close Palisades nuclear plant in 2018
Entergy Corp. announced plans last week to permanently close the issue-plagued Palisades nuclear power plant in Southwest Michigan in late 2018, part of the company’s strategy to reduce its reliance on nuclear amid low wholesale prices. Entergy and Michigan-based Consumers Energy say they’ve agreed to end a power purchase agreement for the plant. The planned shutdown is expected to impact 600 employees and save Consumers customers $172 million. Entergy and Consumers officials said “market...
FirstEnergy to sell Pennsylvania gas plants
FirstEnergy Corp. has filed paperwork with federal regulators stating its intent to sell four natural gas-fired power plants in Pennsylvania, part of the company’s overall strategy to exit the competitive electricity business. In a Form 8-K filing with the U.S. Securities and Exchange Commission, FirstEnergy subsidiary Allegheny Energy Supply Co. has entered into a non-binding letter of intent to sell its Springdale, Chambersburg, Gans and Hunlock gas plants for $885 million, with the buyer assuming $335...
Denmark’s largest coal plant fully converts to biomass
Diarmaid Williamsreports indecentralized energythat the huge Avedøre combined heat and power (CHP) plant in Copenhagen,Denmark, once the country’s largest coal-fired station, is now completely fueled by biomass. Coal has been replaced entirely by wood pellets and straw as two energy companies, Vestegnens Kraftvarmeselskab (VEKS) and Dong Energy combined to contribute to the city’sdistrict heatinginitiative. “Following the conversion of Unit 1 at Avedøre, we can produce heat for...
Illinois legislature saves Exelon nuclear plants
Both chambers of the Illinois General Assembly passed a sweeping energy bill last week that includes financial support for two failing Exelon nuclear plants. In what is described as the largest energy bill the state has seen in over two decades, Illinois lawmakers agreed to require ratepayers statewide to provide $235 million in annual subsidies to keep Exelon’s nuclear facilities in Quad Cities and Clinton open for at least another 13 years. The bill also expands the state’s energy efficiency...
Software and Hardware Upgrades Could Cut Global CO2 Emissions from Coal and Gas Power Plants by One Billion Metric Tons
GE today released a new analysis of global power plants, which found that carbon dioxide (CO2) emissions from the world's fleet of coal and gas plants can be reduced by 10 percent -- the equivalent of removing 95 percent of cars off U.S. roads -- when existing hardware and software solutions are fully applied. The analysis is the first to quantify the emission reductions of using existing technologies to upgrade the global fleet of coal and gas-based power plants. "The technology to make coal and gas more...