retirements – Thinking Port

PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation

July 31, 2024 admin 2025/2026 capacity auction, Business, Coal, electricity market, energy demand, energy security, energy supply, full coverage, Gas, generator retirements, grid, investment signals, Markets, new generation, news, pjm, Power Demand, power generation, reliability, reliability pricing model, retirements, rto, trends, wholesale power market

Credit to Author: Sonal Patel| Date: Wed, 31 Jul 2024 14:55:13 +0000

Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant […]

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States, Trade Groups Sue EPA Over New Fossil Fuel Rules

May 9, 2024 admin Business, CCS, climate change, Coal, D.C. Circuit, Environmental, EPA, full coverage, Gas, lawsuits, Legal & Regulatory, Markets, news, nma, nreca, pjm, reliability, retirements, states, Technology

Credit to Author: Sonal Patel| Date: Thu, 09 May 2024 22:41:20 +0000

More than two dozen states and a handful of trade groups filed separate lawsuits in the U.S. Court of Appeals for the D.C. Circuit, challenging parts of the Environmental Protection […]

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PJM Urges Delayed Retirement of 840-MW Fossil Fuel Power Plant, Citing Reliability Impacts

January 13, 2024 admin brandon shores, Business, Coal, coal plant, economics, EPA, fossil fired power plants, full coverage, Gas, h.a. wagner, Markets, news, pjm, power, Power Demand, reliability, reliability must run, retirements, talen energy

Credit to Author: Sonal Patel| Date: Wed, 10 Jan 2024 19:17:22 +0000

The H.A. Wagner Power Plant, located outside Baltimore, MD, is fueled by coal, natural gas, and oil. It includes an approximately 13-megawatt gas turbine unit, which can serve as a peaking unit. Unit 3 will convert to run on oil by the end of 2023. Courtesy: Talen Energy

PJM has urged Talen Energy to delay its deactivation of two of four units at the 840-MW coal, oil, and gas–fired Herbert A. Wagner Generating Station in Maryland until transmission […]

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U.S. Coal Plant Closures Continue, While China Rapidly Builds More

November 8, 2022 admin China, closures, Coal, EIA, GERMANY, iea, news, restarts, retirements, Russia, u.s., Ukraine

Credit to Author: Darrell Proctor| Date: Tue, 08 Nov 2022 17:01:37 +0000

A wave of retirements for U.S. coal-fired power plants continues, with the Energy Information Administration (EIA) reporting almost a quarter of the nation’s remaining facilities could be shuttered by the end of 2029. The EIA in its preliminary monthly electric generator inventory report released Nov. 7 said that 23% of the nearly 201 GW of […]

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Infrastructure, Renewables, ESG Initiatives Lead Trends for 2022

February 3, 2022 admin biden, Business, Coal, Energy, Gas, Infrastructure, Markets, natural gas, offshore wind, oil and gas, Renewables, retirements

Credit to Author: George Koutsonicolis| Date: Thu, 03 Feb 2022 14:15:04 +0000

The Biden administration has made clear its intention to promote the transition to clean energy, setting ambitious goals like carbon neutrality for the power sector by 2035 and for the entire country by 2050. A critical step toward these goals was congressional passage of the $1 trillion Infrastructure Investment and Jobs Act (IIJA), which President […]

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Infrastructure, Renewables, ESG Initiatives Lead Trends for 2022

February 3, 2022 admin biden, Business, Coal, Energy, Gas, Infrastructure, Markets, natural gas, offshore wind, oil and gas, Renewables, retirements

Credit to Author: George Koutsonicolis| Date: Thu, 03 Feb 2022 14:15:04 +0000

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Georgia Power Plans to Retire All Coal Units by 2035

February 3, 2022 admin closing, Coal, Georgia Power, georgia psc, natural gas, news, plant bowen, plant vogtle, Renewables, retirements, Southern Co.

Credit to Author: Darrell Proctor| Date: Tue, 01 Feb 2022 15:21:05 +0000

Georgia Power plans to shutter most of its coal fleet by 2028 and completely exit coal-fired power by 2035, according to the utility’s latest integrated resource plan (IRP) filed with state regulators on Jan. 31. The Southern Co. subsidiary on Monday said it would make more investments in natural gas-fired generation, along with renewable energy, […]

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Georgia Power Plans to Retire All Coal Units by 2035

February 3, 2022 admin closing, Coal, Georgia Power, georgia psc, natural gas, news, plant bowen, plant vogtle, Renewables, retirements, Southern Co.

Credit to Author: Darrell Proctor| Date: Tue, 01 Feb 2022 15:21:05 +0000

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Coal Will Remain Prominent for Decades Despite Growing Renewable Power Capacity

February 3, 2022 admin China, Coal, full coverage, India, International, news, renewable energy, retirements

Credit to Author: Aaron Larson| Date: Tue, 01 Feb 2022 05:17:00 +0000

There are a lot of changes taking place in the world’s energy supplies. We seem to read announcements almost every day about coal plant retirements, and solar and wind farm installations. Yet, when you look

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NERC: Accelerated Coal and Nuclear Retirements Pose Limited Reliability Risks

December 21, 2018 admin accelerated scenario, Business, Coal, Fuel, Gas, Markets, nerc, news, Nuclear, Power Demand, reliability, Renewables, retirements, scenario, stress test, supply chains, Technology

Credit to Author: Sonal Patel| Date: Thu, 20 Dec 2018 14:37:32 +0000

The accelerated retirement of coal-fired and nuclear generation by 2022 could adversely affect reliability in four regions, including in the east and over a swathe of the central U.S., the North American Electric Reliability Corp. (NERC) warned as it released findings from a “stress-test” scenario. But the entity tasked with ensuring reliability and security of […]

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