03.12.2010 | BY GEORGE LOBSENZ
Electricity prices in the Mid-Atlantic region and New York dropped by nearly 50 percent last year due to sharply lower natural gas costs and reduced consumption—evidence that two of the nation’s biggest deregulated power markets are working as...
03.12.2010
Arch Coal Inc. and Tenaska Inc. announced Thursday that Arch, the nation’s second-largest coal producer, has acquired a 35 percent equity interest in the Trailblazer Energy Center, a 600 megawatt coal plant Tenaska is developing near Sweetwater...
03.11.2010
Industry officials said Wednesday that the Internal Revenue Service had issued a private letter ruling that smart grid grants awarded by the Energy Department will not be considered taxable income, resolving an issue that had prevented some utilities from...
03.10.2010 | BY GEORGE LOBSENZ
In sharp contrast to House-passed legislation giving the Commodity Futures Trading Commission new authority over electricity-related derivatives, key senators indicated Tuesday they will back the Federal Energy Regulatory Commission in its effort to get...
03.10.2010
The Energy Department announced Tuesday that NRG Energy has been selected to receive up to $154 million to support a post-combustion carbon capture and storage project in Texas that will use the captured greenhouse gas for enhanced oil recovery. The NRG...
03.09.2010 | BY JOHNATHAN RICKMAN
In a deal advancing the natural gas industry’s push to replace heavily emitting coal-fired power plants with lower-emitting gas-fueled facilities, Colorado Gov. Bill Ritter Friday announced an agreement with state lawmakers, green groups and Xcel...
03.09.2010 | BY GEORGE LOBSENZ
With the problems at its Vermont Yankee nuclear plant looming ever larger, Entergy Corp.’s plan to spin off six reactors into a new merchant unit appeared to sink further into a bureaucratic morass at the New York State Public Service Commission last...
03.09.2010
In a surprise choice, President Obama Monday announced he will nominate Cheryl LaFleur, a former senior executive with National Grid, to fill the last remaining empty seat at the five-member Federal Energy Regulatory Commission. LaFleur fills a Democratic...
03.09.2010
Rumors are swirling that German energy giant E.On AG is looking to sell its Kentucky-based regulated utilities—Louisville Gas & Electric Co. and Kentucky Utilities Co.—and that Duke Energy, American Electric Power, PPL Corp. and Southern Co...
03.09.2010
Energy Secretary Steven Chu Monday announced the department has awarded a total of approximately $40 million to two teams—one led by Westinghouse Electric Co. and the other by General Atomics--for conceptual design and planning work for the so-called...
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