New Jersey energy company Public Service Enterprise Group Inc (PSEG) plans to shut all but three of its fossil fuel-fired power plants in a bid to cut carbon emissions by 80 percent by 2046 from 2005 levels, according to Chief Executive Ralph Izzo.
Rock Springs -
Four Wyoming power plant units could be retired by 2022 as a cost-saving measure to customers of Rocky Mountain Power (RMP), based on an updated analysis of its operations.
The number of coal-fired power plants being developed around the world has collapsed over the past three years, according to a report from the NGO-backed Global Energy Monitor.
In the administration’s latest effort to help the coal industry, the Department of Energy (DOE) is providing up to $38 million in funding for research into improving the performance and reliability of the nation’s existing coal-fired power plants.
Washington D.c. -
DOE Sec. Rick Perry has proposed a huge bailout for coal and nuclear power plants. The radical unprecedented move is based on a false premise that power plants with fuel located on site are needed to guarantee the reliability of the electricity system.
The Federal Reserve published the minutes of the last FOMC meeting and earlier today, 3 more Fed policymakers said they support a rate hike in December.
