Tag: power

Calpine buys Massachusetts power plant for $530 million

Calpine Corp. announced today that it purchase a power plant near Boston from Exelon Corp. for $530 million in a deal that Calpine officials say will help the company expand its footprint in a key region.  More »

NRG reports $97 million loss as it outlines reorganization

NRG Energy Inc. suffered a $97 million in the second quarter, the company reported Thursday as it outlined plans to reorganize.  More »

US sending coal abroad

As the Obama administration weans the U.S. off dirty fuels blamed for global warming, energy companies have been sending more of America’s unwanted energy leftovers to other parts of the world where they could create even more pollution, according to an Associated Press report.  More »

New “peaking” power units coming to Texas

East Texas-based Navasota Energy plans to build natural-gas fired “peaking” units in Guadalupe and Wilson counties capable of quickly sending power to the Texas grid at times of heavy demand.  More »

Report: Vampire equipment sucking power and draining wallets

The price people pay for always-on, around-the-clock Internet connections with modems, cell phones and laptops may be higher than they think.  More »

‘Dragonfly’ attacks should alert generators to threat, experts say

A new wave of cyberattacks should be a wake-up call to U.S. electricity generators and grid operators who believe their control systems are safe from hackers, data security experts say.  More »

Renewables to get most of $7.7 trillion power investments

Renewable energy may reap as much as two-thirds of the $7.7 trillion in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels.  More »

Russian hackers threatening power companies, researchers say

A Russian group of hackers known as “Energetic Bear” is attacking energy companies in the U.S. and Europe and may be capable of disrupting power supplies, cybersecurity researchers said.  More »

Georgia’s coal-to-solar pivot shows the way on climate regs

Fears that the Obama administration’s latest climate regulations will drive up local electric bills is doing wonders for the state’s solar-panel installation business.  More »

Stealthy warship getting jet fuel to prep for high-tech power system

Bath Iron Works is getting ready to bring fuel aboard the Navy’s biggest destroyer in preparation for firing up some of the world’s largest marine turbines this summer.  More »

Utility deals heating up with gas glut

Near-zero interest rates and low power prices caused by a glut in natural gas are increasing the appeal of regulated utility assets, which offer stable cash flow and returns.  More »

Crumbling US grid gets jolt driving smart Houston power

When fully deployed, CenterPoint’s intelligent grid will give the utility unprecedented control and insight into its almost 50,000 miles of power lines and systems.  More »
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