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…
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.…
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…
Westmoreland Coal Co., one of the oldest coal mining companies in the U.S. has filed for bankruptcy. The filing represents the fourth major U.S. coal company to file for Chapter 11 bankruptcy in three years due to continual decline in demand for coal throughout the U.S. as well as overseas. Despite efforts by government agencies…
