The US Energy Information Administration (EIA) has released its Short Term Energy Outlook for 2019 and we have summarized the key highlights for you below.
RWE CEO Roger Miesen said that market conditions for coal-fired power in the UK made the closing necessary.
The latest crop of utility participants includes NRG Energy, Cleco Corp., Entergy, Louisville Gas & Electric/Kentucky Utilities, AEP’s distributed energy ventures group AEP OnSite Partners and Hindustan Power from India.
Under the plan, unit 1 will be repowered with gas-fired combined-cycle technology. The gas-fired unit would have 1,090 MW of generating capacity once completed in 2023.
The utility will persist in trying to preserve its Salem and Hope Creek nuclear plants, which currently generate more than 90 percent of New Jersey’s zero-carbon electricity.
Coal-fired plants still provide close to 27 percent of the U.S. electricity mix, second only to natural gas.
Earlier this week, the JEA board voted to consider selling the utility. Two days later, JEA revealed its hiring of J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC as financial advisors.
CEO John W. Judge said the company has been operating in bankruptcy and will be forced to shutter its 1.3-MW Pleasants Power Station in Willow Island in the next year without the tax exemption.
The Japanese boiler maker and power generator firm was awarded the contract by Cheng Loong Corp. (CLC) for the Chupei Mill. Commercial operation of the new boiler is scheduled for July 2021.
Black & Veatch is planning big moves into renewables and in Asia.