Credit to Author: Sonal Patel| Date: Wed, 28 Feb 2024 17:59:06 +0000
American Electric Power (AEP) and Calpine Corp. separately announced significant leadership reshuffles on Feb. 27, marking new chapters for the power giants. Investor-owned utility AEP, with immediate effectiveness, removed AEP […]
The post AEP Abruptly Replaces CEO, Calpine Unveils Leadership Transition appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 17 Aug 2023 12:03:02 +0000
American Electric Power (AEP), one of the nation’s largest power producers, has completed the sale of its 1,365-MW unregulated contracted renewables portfolio to an Invenergy-led consortium. IRG Acquisition Holdings (IRGAH)—a […]
The post AEP Sells 1.4-GW Unregulated Contracted Renewables Portfolio to Invenergy-Led Consortium appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 09 Feb 2023 16:14:35 +0000
Several major power companies have launched a software assurance database that will serve as a software bill of materials (SBOM) repository for the power industry. Part of a long-sought solution to address a critical supply chain cybersecurity risk, the collaborative effort announced on Feb. 8 seeks to help vendors identify and remediate vulnerabilities in software […]
The post Cybersecurity: Power Industry–Led Vendor Software Assurance Inventory Launched appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 09 Feb 2023 16:14:35 +0000
Several major power companies have launched a software assurance database that will serve as a software bill of materials (SBOM) repository for the power industry. Part of a long-sought solution to address a critical supply chain cybersecurity risk, the collaborative effort announced on Feb. 8 seeks to help vendors identify and remediate vulnerabilities in software […]
The post Cybersecurity: Power Industry–Led Vendor Software Assurance Inventory Launched appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Fri, 12 Aug 2022 16:33:38 +0000
American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]
The post AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head appeared first on POWER Magazine.
Read moreCredit to Author: Kennedy Maize| Date: Wed, 01 Jun 2022 04:09:00 +0000
As coal plants are retired, power companies must decide what to do with sites. Some old plants have been added to the National Register of Historic Places and repurposed as commercial or office space, while
The post New Life for Dead and Dying Coal Plants? appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 10 Dec 2019 18:33:22 +0000
The post Indiana Utility Will Close Coal-Fired Units Early appeared first on POWER Magazine.
Indianapolis Power & Light (IPL) on Dec. 9 announced it will close two of the four coal-fired units at its Petersburg Generating Station in southern Indiana, as the utility continues to move away from coal generation. IPL has been pressured by state political leaders and environmentalists to close the 1,700-MW Petersburg facility, the largest power […]
The post Indiana Utility Will Close Coal-Fired Units Early appeared first on POWER Magazine.
Read moreCredit to Author: POWER| Date: Mon, 02 Dec 2019 05:00:00 +0000
The post Decarbonization: Utilities Leading the Way appeared first on POWER Magazine.
Decarbonization is a word that seems to be used quite regularly these days. For the power industry, it refers to the shift in electric generating resources from carbon-heavy coal to carbon-free nuclear or
The post Decarbonization: Utilities Leading the Way appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 26 Sep 2019 13:11:45 +0000
The post NRG Aligns Carbon Goals with 1.5-Degree-C Climate Trajectory appeared first on POWER Magazine.
NRG Energy has joined a growing list of major U.S. coal generators that want to achieve net-zero greenhouse gas (GHG) emissions by 2050. The Princeton, New Jersey-based energy company on Sept. 24 said it would accelerate carbon goals it set in 2014 to reach its 50% GHG reduction target (from a 2014 baseline) by 2025—not […]
The post NRG Aligns Carbon Goals with 1.5-Degree-C Climate Trajectory appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 19 Sep 2019 14:11:08 +0000
The post Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050 appeared first on POWER Magazine.
Two formidable U.S. coal power generators this week separately revised their their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power (AEP), meanwhile, said it would extend its target from 60% to 70% from 2000 levels by 2030, and by more than 80% by 2050—but […]
The post Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050 appeared first on POWER Magazine.
Read more