Tag Archives: coal

GE Will Cut 12,000 Jobs

Cuts will come from GE Power; at least half will be in Europe General Electric will eliminate approximately 12,000 positions from its power division, GE Power, affecting both professional and production employees, the company announced today. The “headcount reductions,” as GE calls them, are a result of prior miscalculations of the sectors demand for coal […]

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A Lot of Chatter

FERC’s interim chair continues to keep everyone on edge Richard Glick, former general counsel for the Democratic Party on the Senate Energy and Natural Resources Commission, joined the Federal Energy Regulatory Commission (FERC) as its fourth commissioner yesterday, as he was sworn in. Glick and Kevin McIntyre, who is positioned to serve as chair, were confirmed by the […]

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Coal Compensation

DOE nudges FERC by filing Notice of Proposed Rulemaking In an update to a recent Direct & Current item, the Department of Energy pushed the Federal Energy Regulatory Commission September 29 to increase compensation for generators providing baseload power supplies, proposing a wide-ranging makeover for the nation’s competitive power markets, specifically intended to help traditional […]

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Xcel’s New Spreadsheet

Energy provider releases “Colorado Energy Plan”, retires two coal plants Xcel Energy announced its latest energy proposal Wednesday, calling for the shutdown of two major coal-powered plants and a headfirst dive into renewable energy for the state. While the stipulation hinges on consumers saving money, it asks the Colorado Public Utilities Commission (CPUC) to approve […]

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Survey Says…

Study of power sources analyzes grid reliability A highly anticipated, heavily scrutinized study of the power grid was finally released Wednesday night by the Department of Energy, with surprising results. The study—which endured delays, controversial personnel, and even an unofficial draft leaked to the press a month ago, was widely expected to charge renewable energy […]

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Coalescence at FERC?

Commission’s new chair endorses compensation for coal plants The recently appointed chairman of the Federal Energy Regulatory Commission made an immediate push for coal plants to be compensated upon shutdown Tuesday, citing their history of contributions to the electric grid. Neil Chatterjee (right), who was appointed to be the federal agency’s chairman August 10 after […]

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Kanawha Electric Closes

West Virginia repair and machine shop closing after 80 years Kanawha Electric & Machine Co., of Charleston, W.V., announced last Thursday it will close its doors after 80 years of service. The business had been a maintenance stalwart, specializing in mining equipment but repairing motors of all kinds since 1937. It will now be forced to […]

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Supplanted

An update on plant closings across the country Wednesday brought a positive announcement that electronics giant Foxconn will build a $10 billion factory in Wisconsin, expected to initially create 3,000 jobs, the largest economic development project in state history. This is certainly encouraging news for many, to see an ‘onshore’ effort established to foster production […]

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Coal Museum, Solar Power

Kentucky Coal Mining Museum goes solar The Kentucky Coal Mining Museum in Benham, Kentucky, owned by Southeast Kentucky Community and Technical College, is switching to solar power to save money. The museum, which memorializes Kentucky’s history in coal mining, will be modernizing with a new form of cheaper energy. This week, in a move that […]

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CPP Rolled Back

Tuesday’s executive order begins long process for energy regulations The executive order signed by President Trump on Tuesday was no surprise, but it still provokes a heap of questions. An important pillar of the current president’s campaign was built on energy realignment, specifically a rollback of the Clean Power Plan and rejuvenating the coal industry. With Tuesday’s motion, the […]

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