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How Much Would You Pay for a Coal Plant?
Acme Equities LLC is looking to buy San Juan Generating station in New Mexico for $1. The current owners plan to shut the facility down because current environmental regulations require installation of significant and expensive backend pollution control equipment. However, pollution control is not the only issue standing in the way of coal generation. […]
Margins tight at Exelon’s ZEC-less Illinois Nuclear Plants
How valuable are zero-emissions credits (ZECs) to nuclear power plants in Illinois? Without them, operating costs at five of the state’s six nuclear plants run close to wholesale power prices, according to an S&P Global Market Intelligence cost model. In 2017, Clinton Power Station and Quad Cities Generating Station both began receiving ZECs from […]
US generating capacity to increase in 2019, despite retirements; Renewables dominate additions
According to S&P Global Market Intelligence (“S&P”), the U.S. power grid is expected to add 49,420 MW of generation capacity in 2019, while 8,597 MW of capacity is expected to be retired. 68% of the capacity to be retired, is coal plants, the largest of which will be the 2,250 MW Navajo Generating Station […]
Offshore Wind Struggles to Gain Ground in the US
The New Jersey Board of Public Utilities has rejected EDF Renewables’ application for a new offshore wind farm near Atlantic City, questioning its high cost and economic benefits. EDF Renewables submitted the application, which called for MHI Vestas Offshore to supply three V164 8.3 MW turbines for the Nautilus Offshore Wind Project, in September. […]
Insurance Appraisals and Property Insurance Limit Risk
Insurance Appraisals: what are they, what purpose do they serve, and why are they important? Risk managers, insurance industry professionals, and property owners alike should be able to answer all three questions at length and understand the value of a current, accurate, and reliable insurance appraisal.
DOE To Fund New Coal-Fired Generation Research
The Department of Energy’s Office of Fossil Energy is funding research and development into small, modular coal-fired power plants in 2019 in an effort to revive the coal-fired power generation sector and diversify the power generation industry. The potential for higher natural gas prices in the future and an over-reliance on natural-gas fired electricity generation […]
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