plant retirements

13Nov

Pumping the Brakes on Coal Plant RetirementS

In the wake of the election, with a major pivot on energy and regulatory policy coming in January, utilities are already publicly announcing they’re likely to postpone, or scrap altogether, plans to close coal plants. Utilities desperately need existing capacity as reserve margins shrink and power demand soars. Southern Company Chief Executive Officer Chris Womack […]
18Sep

Grid Operators Tell the Court: EPA’s Rule is a Dire Threat to Reliability

The nation’s grid operators warned the U.S. Environmental Protection Agency (EPA) that the then proposed so-called Clean Power Plan 2.0 was a direct and alarming threat to grid reliability. Those concerns were shrugged off as EPA pushed forward and finalized an unworkable and unlawful rule. Now, the grid operators are getting involved in the legal […]
11Sep

Congrats on… the Energy Poverty

In October, Britain will close its last coal plant marking the culmination of a decade-long policy that has proven to be a catastrophe for British consumers. While some headlines have celebrated Britain’s phaseout, the cost – still to be fully tallied – has been extraordinary. If anything, Britain’s energy policies have become textbook case studies […]
10Jul

MISO Warns it’s Going to be Woefully Short of Power

Across the country, one grid operator after another is sounding the alarm over soaring power demand, an inability to meet it and the threat posed by early retirements of essential coal capacity. PJM Interconnection, the Southwest Power Pool (SPP), the Electric Reliability Council of Texas and now the Midcontinent Independent System Operator (MISO) have all […]
15May

Et Tu PJM?

When the U.S. Environmental Protection Agency (EPA) launched its new suite of rules targeting the coal fleet, it waived away an avalanche of concern over the threat its strategy posed to the nation’s supply of power. EPA pointed to new flexibilities in its rules – namely small changes in the so-called Clean Power Plan 2.0 […]
14Feb

Not So Fast, We Need Those Plants

Concern about its ability to keep the lights on has led FirstEnergy, one of the nation’s largest regulated utilities, to walk back the proposed closure of two of its coal power plants. The decision to continue the operation of the utility’s two West Virginia coal plants past 2030 – the Fort Martin and Harrison power stations […]
26Jan

Europe’s Self-Made Energy Crisis

The European energy crisis is poised to go from very bad to unimaginably worse. While all eyes are on Ukraine and Russia, Europe’s energy woes are largely self-made, not due to outside forces. Europe has made its own bed, disassembling dispatchable fuel diversity by closing well-operating coal and nuclear power plants. In doing so it […]
13May

In 2018 NERC Warned of a Reliability Crisis from Accelerating Baseload Retirements. It’s Here.

In 2018, the North American Electric Reliability Corporation (NERC), the organization that oversees the reliability on the North American electric grid, warned of the threat of accelerating losses of baseload sources of power. At the time, S&P Global Market Intelligence characterized the report by writing, NERC “warns that an accelerated retirement of coal-fired and nuclear […]
22Apr

Affordability, Reliability and Balance Matter More Now than Ever

Energy markets are in disarray. Look no further than oil prices slipping into negative territory for evidence of the chaos. We are only just beginning to understand the economic disruption wrought by a virus that has brought much of the global economy to a screeching halt. While the turmoil in the oil sector is plainer […]