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  1. B&W Restructures Power & Renewables Units, Lays off 200 From Coal

    Babcock & Wilcox Enterprises (B&W, NYSE: BW) is taking steps to restructure its traditional power business in advance of lower projections for U.S. coal generation. B&W is restructuring its power business that serves coal-fired generation. The changes include eliminating 200 positions in North America immediately and additional facility consolidations. B&W is also consolidating aftermarket and global new build activities for coal-fired generation into one segment that will be led by Mark Low, Senior Vice President of the new Power segment. All renewable energy projects, including the B&W Vølund unit, will be consolidated into another segment, led by Paul Scavuzzo, Senior Vice President of the new Renewable segment. The new structure will allow for a Power segment focus on efficiency and support for the traditional customer base, while the Renewable segment focuses on renewable project execution and growth. “B&W remains focused on executing our strategy,” said E. James Ferland, Chairman and Chief Executive Officer. “We are taking early action to ensure the coal-related business remains profitable in a challenging market while we grow our renewable energy business and diversify our portfolio through acquisition.” The company said that the incremental revenue from the acquisition of cooling systems and services firm SPIG S.p.A. is expected to close in early third quarter and will approximately offset the other revenue impacts. B&W expects to pay €155 million ($171.2 million) for the company, which will operate under the name of Babcock & Wilcox SPIG.

    Online Articles

    Online Articles

    Tue, 28 Jun 2016

  2. Natural gas expected to surpass coal in mix of fuel used for U.S. power generation in 2016

    For decades, coal has been the dominant energy source for generating electricity in the U.S. EIA is now forecasting that 2016 will be the first year that natural gas-fired generation exceeds coal generation in the United States on an annual basis. 

    Online Articles

    Online Articles

    Wed, 16 Mar 2016

  3. Exelon: Two Illinois Nuclear Plants May Close if Legislation Not Passed

    Exelon Corp. said it may close two of its Illinois nuclear power plants if legislation is not passed that would provide funding and support for nuclear and solar power.

    Online Articles

    Online Articles

    Fri, 6 May 2016

  4. Natural gas to coal generation plans scrapped by NRG

    Louisiana Generating, a subsidiary of NRG Energy has scrapped plans to convert its 230 MW Big Cajun I natural gas-fired power plant to coal generation .

    Online Articles

    Online Articles

    Thu, 12 Apr 2012

  1. Duke to purchase NCEMPA nuclear, coal generation assets

    Online Articles

    Online Articles

    Mon, 28 Jul 2014

  2. HG&T receives funds to upgrade Massachusetts' 30-MW Hadley hydropower plant

    A $1 million grant from the Massachusetts Department of Energy Resources will allow the City of Holyoke to rehabilitate a generating unit at its 30-MW Hadley Falls hydropower plant.

    Online Articles

    Online Articles

    Wed, 16 Mar 2016

  3. L-3 Mapps to Help in Darlington Nuclear Plant Refurbishment Project

    L-3 Mapps will contribute computers for the refurbishment project at the Darlington nuclear power plant in Ontario, Canada.

    Online Articles

    Online Articles

    Thu, 10 Mar 2016

  4. With coal and gas down, West Virginia faces budget quandary

    Long reliant on taxes from unearthing coal and — more recently — natural gas, West Virginia faces a budget quandary as its natural resource industries struggle and hardline legislative Republicans stand against raising taxes.

    Online Articles

    Online Articles

    Mon, 7 Mar 2016

  5. A View of Canadian Hydroelectric Generation Markets

    Canada has immense natural resources with which to produce hydroelectric energy and this article provides an overview of the Canadian hydropower marketplace and where it is headed. 

    Online Articles

    Online Articles

    Fri, 29 Jan 2016

  6. Clean Power Plan ruling bad credit news for coal states, says Moody’s

    The denial is credit negative for big coal-fired generators such as NRG Energy 

    Online Articles

    Online Articles

    Tue, 26 Jan 2016

  7. North Carolina reverses safety warning on well water near Duke ash dumps

    North Carolina is reversing warnings about water that health officials said was too polluted to drink and now reassuring residents who live near pits that hold waste from decades of burning coal for electric power that their well water is safe

    Online Articles

    Online Articles

    Fri, 18 Mar 2016

  8. The reliability, resilience of existing U.S. coal power fleet

    Too often the merits of investing in our nation’s existing coal generation fleet as well as the opportunities that abound to further enhance the value of those assets are overlooked

    Online Articles

    Online Articles

    Wed, 5 Nov 2014

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