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Power Point : The Risks Facing Coal-Fired Generators in 2014 and Coming Years

The Risks Facing Coal-Fired Generators in 2014 and Coming Years, by David Schlissel, June 7, 2014

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Report- Huntley Generating Station: Coal Plant’s Weak Financial Outlook Calls...

Huntley Generating Station: Coal Plant’s Weak Financial Outlook Calls For Corporate And Community Leadership (pdf)      

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Press release: NRG’s troubled Huntley coal-fired power plant in Western NY...

Report Outlines Options for Community to Adjust for Loss of 70 Jobs, 6 Percent of Local School Financing; Low Natural Gas Prices, Increased Efficiency Among Factors Behind Average $1 Million Annual...

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Report puts cloud over Huntley plant

By David Bertola,  Business First – BUFFALO- “A new report requested by the Clean Air Coalition of Western New York says that NRG’s Huntley coal-fired power plant in Tonawanda ‘does not appear to be...

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Huntley Station plant in Tonawanda facing possible shutdown, environmental...

By Joseph Popiolkowski, Bloomberb Businessweek – “The coal-fired Huntley Station power plant in the Town of Tonawanda is losing money and is at risk of being shut down, a new report commissioned by an...

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Report paints bleak picture for Tonawanda power plant

By Omar Fetouh, WBFO Buffalo’s NPR Station – “…The River Road generating station, owned by NRG Energy, began operating in 1942. Four of its six operating units have been shut down in the past decade....

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NRG Huntley plant belching red ink

BUFFALO- “NRG’s coal plant in the Town of Tonawanda is losing an average of $1 million a year and is at risk of closing, according to a new report. The report by the Institute for Energy Economics and...

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Report calls for coal-powered plant in Tonawanda to close

By Gib Snyder, Observer – DUNKIRK- “An environmental group is calling for the closing of the Huntley Generating Station in Tonawanda, which is owned by NRG. Peter Iwanowicz, executive director of...

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NRG coal plant in New York not financially viable, study claims

By Matthew Bandyk, SNL Financial – “A 1950s-era coal-fired plant in western New York owned by NRG Energy Inc. is at risk for retirement over the next few years as it loses money, accordingto a Jan. 28...

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Huntley Station faces dirty coal dilemma

By David Robinson, The Buffalo News – “There’s no question the Huntley Station in the Town of Tonawanda is in a bad spot. Coal-fired power plants across the country have long been under the gun from...

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Pessimistic report on Huntley plant should have local officials scrambling

Opinion, The Buffalo News – BUFFALO- “A new report on the coal-fired Huntley Station power plant in the Town of Tonawanda, while reflecting the bias of its anti-coal authors, should still be must...

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Clean Air to meet on Huntley plant

By Jessica Bagley, Tonawanda News – TONAWANDA, NY –  “The Clean Air Coalition is hosting a conference with national experts on coal finance, renewable energy and sustainable jobs to discuss how to...

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NRG’s Latest Solar Acquisition Draws Attention

Utility giant NRG’s purchase this week of Canadian rooftop solar company Pure Energies serves as a reminder that “NRG is in the process of reimagining itself, and selling that vision to investors, as...

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SNL Research Sees Coal Conversions and Retirements Gaining Momentum

SNL REPORTS TODAY ON A WAVE OF PLANT CONVERSIONS and closures sweeping the coal-fired electricity industry. The SNL reporters who wrote the article—Michael Niven and Neil Powell—note that while...

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Trans-Canada End Run; Consol Energy; Buffalo News Editorial; Banks Skittish...

THE IEEFA-OIL CHANGE INTERNATIONAL REPORT ON THE COSTLY populist hurdles facing tar sands development is picked up widely today via Yahoo News, MorningStar News, and others. 

The report, “Material...

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NRG Responds; Galilee Heats Up; FirstEnergy Retreats

IN A BOW TO THE DIVESTURE MOVEMENT AND TO CHANGING DEMOGRAPHICS, NRG has come out with a plan it says will reduce emissions by 50 percent by 2030 and 90 percent by 2050. The New York Times covers it in...

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New EPA Rule Hits Coal-Fired Plants; Oil Price Hurts ‘Megaprojects’; Bothered...

ELECTRICITY PLANTS THAT ARE HEAVILY DEPENDENT ON COAL COULD PAY ‘A PARTICULARLY HEAVY PRICE’ UNDER NEW RULES on the disposal of coal ash and steam-generator effluents, SLN reports this week. The SNL...

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‘NRG’s Grand Ambition to Dominate the Solar Market’

The Green Tech blog on Forbes.com this morning features an article that delves into NRG Energy’s expanding presence in the U.S. solar-energy market. The article, by Ucilia Wang, writes that NRG is...

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NRG Aims to Double Revenues by Pursuing Clean-Energy Markets

In a presentation this month on investors and analysts, NRG President and CEO David Crane said NRG will double its revenue over the next two years, largely on the back it its renewable-energy push....

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A Cynical Utility Industry Shows Its Cards (Shift Risk to Ratepayers and Kill...

The U.S. utility industry in its annual presentation to investment bankers and analysts last week laid its cards on the table, albeit in cynical fashion. A “Wall Street Briefing” presented and...

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Western NY Area Labor Federation Affirms Commitment to Just Transition

The Buffalo News reported yesterday that the Western New York Area Labor Federation, AFL-CIO, re-elected its officers at its annual meeting this weekend, and included the issue of “’just transitions,’...

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Some Utilities Getting Out Ahead of EPA Clean Power Plan

Some utilities are moving aggressively ahead with emissions reductions, through energy efficiency and renewable energy, according to an article by Eric Wolff in SNL Financial. The article highlights...

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‘Economics—Not Taxes or the Environment’ Is Driving Huntley Closing

T.J. Pignataro for the Buffalo News: It was economics – not taxes or the environment – that drove the business decision. “We don’t foresee any scenario where the plant would be economically viable,”...

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Opportunity Knocks With Closing of Coal-Fired Power Plant in Upstate New York

When we published our report about the fading financial viability of the aging Huntley Generation Station in early 2014, the facts showed the facility was all but destined to close. It had marginal...

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A Choice in Upstate New York as NRG Closes Its Huntley Power Plant

On Aug. 28, NRG Energy announced its intention to retire the Huntley Station power plant in upstate New York. Huntley currently pays a total of $6 million in revenue to our local municipalities and...

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NRG Continues to Seek Bailout for Failing Upstate New York Power Plant

Scott Waldman for Politico: A struggling coal-burning power plant outside Buffalo is looking into how much it would cost for ratepayers to subsidize it for another few years of operation. NRG Energy...

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Data Bite: The Shrinking U.S. Coal-Fired Electricity Map; Here’s a Snapshot...

Where better to get a picture of the coal industry’s rapidly declining share of the electric generation pie in the U.S. than Ohio, a battleground state for energy issues?   Coal historically has made...

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Lessons for When the Power Plant in Your Town Closes

NRG Energy’s Huntley plant in Tonawanda, N.Y., closed three months ago because the NRG couldn’t make a profit off selling Huntley power into the market. “We don’t foresee any scenario where the plant...

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New York Town’s Post-Coal Transition Seen as Model for Colstrip, Montana

Eric Tegethoff for Public News Service Montana: Although the fate of the Environmental Protection Agency’s Clean Power Plan is up in the air now that Donald Trump has been elected president, at least...

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On the Blogs: ‘A Working Class Buffalo Suburb Retired a Coal Plant the Right...

Elizabeth McGowan in Grist: Sixteen months ago, the coal-fired Huntley Generating Station, which sits on the banks of the Niagara River, stopped producing power for first time since World War I. Erie...

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Op-Ed: New York Town Finds Life After Coal

Buffalo News: When NRG Energy announced the retirement of the Huntley Power Generating Station on River Road, the Ken-Ton School District and the town and county municipalities were facing a total loss...

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U.S. Coal Bailout Plant Would Benefit a Select Few: Murray Energy,...

Politico: “Customers get less than nothing while a few companies and their investors get a whole lot of something,” Nora Mead Brownell, a Republican former electricity regulator, said of Perry’s plan,...

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IEEFA report: ‘Holy Grail’ of carbon capture continues to elude coal...

Nov. 19, 2018 (IEEFA) — A study published today by the Institute for Energy Economics and Financial Analysis concludes that costly efforts undertaken in North America to develop workable, economic...

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U.S. pension funds push big utilities to adopt carbon-free generation plans

Reuters: Top U.S. pension funds are asking electric utilities to accelerate efforts to cut carbon emissions but will not force the issue with proxy resolutions this spring, hoping market shifts and...

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Utility executives push transition from coal to cleaner energy sources

E&E News: Patti Poppe used to drive around with an “I ‘heart’ COAL” bumper sticker, but now the CEO of Michigan-based CMS Energy Corp. is eager to talk about phasing out the fossil fuel. “There’s...

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Strata Solar’s new battery storage project in California will replace planned...

Greentech Media: Another of the world’s largest battery projects is moving forward with construction in Southern California amid the coronavirus slowdown. Strata Solar will begin construction in July...

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IEEFA U.S.: Solar will push much of remaining Texas coal fleet offline

July 14, 2020 (IEEFA) — New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the Institute...

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IEEFA U.S.: Mothballing of Petra Nova carbon capture project shows likely...

August 3, 2020 (IEEFA) — A research brief published today by the Institute for Energy Economics and Financial Analysis (IEEFA) concludes that the abrupt recent shutdown of the Petra Nova coal-fired...

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IEEFA op-ed: Glenrock’s CO2 capture facility hopes are based on wishful thinking

Glenrock Energy wants to invest in a carbon dioxide (CO2) capture facility at PacifiCorp’s Dave Johnston Unit 4 coal plant in Converse County. The facility would inject CO2 captured from the coal plant...

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IEEFA U.S.: Ratepayers face risks with Project Tundra’s retrofit of aging...

September 22, 2020 (IEEFA) — A plan to retrofit an aging coal-fired plant in North Dakota with unproven carbon capture and storage technology is likely to raise rates for customers who get electricity...

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IEEFA Webinar: Project Tundra carbon capture plan carries large risks for...

On Wednesday, October 7th at 5:00 p.m. Central (6:00 p.m. EDT), IEEFA’s Director of Resource Planning Analysis, David Schlissel will present the report: Project Tundra: Carbon Capture Project A Step in...

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IEEFA Webinar: ICYMI Project Tundra carbon capture report

October 9, 2020 (IEEFA U.S.) ‒ In case you missed it (ICYMI), Director of Resource Planning Analysis, David Schlissel and analyst/editor Dennis Wamsted presented webinars October 6 and 7 on IEEFA’s...

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NRG to mothball gas plant that powered Petra Nova carbon capture project

Reuters: NRG Energy Inc will shut down indefinitely the power source for what had been the only U.S. project capturing carbon from a coal-fired generator until it was idled last year, a spokesman said...

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PJM, nation’s largest grid operator, pushes rules to encourage renewable...

E&E News ($): The operator of the bulk power grid across parts of the Mid-Atlantic and Midwest is proposing to revamp controversial market rules — a change that could empower states to reshape...

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Retirements to cut US coal plants by half of 2015 levels within 15 years

S&P Global Market Intelligence ($): Based on already planned and announced retirements, less than half of the U.S. coal-fired power generation capacity that existed at the start of 2015 will remain...

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New York regulators block upgrade of two gas-fired power plants

New York Times ($): In a major win for climate advocates and supporters of wind and solar energy, New York State environmental regulators refused on Wednesday to allow two companies to upgrade their...

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Wastewater treatment rules forcing coal-fired plant closures in U.S.

Associated Press: Climate change isn’t what’s driving some U.S. coal-fired power plants to shut down. It’s the expense of stricter pollution controls on their wastewater. Dozens of plants nationwide...

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