coal-fired-power-plants

Private equity kept aging Homer City plant open, then closed it with no plan for the community

BY: - February 18, 2024

For some industry observers and analysts, the Homer City station stands as a cautionary tale regarding the growing role of private equity, typically backed by large institutional investors, like pension funds, in the financing of coal production and the operation of coal-fired power plants, marked by a desire for quick profits. While banks have increasingly pulled back from financing fossil fuels, notorious for their damage to the environment, private equity has helped keep the coal industry alive. In the case of Homer City, the plant’s private equity owners kept a failing company operating for another six years — as it further polluted the environment and extended the power sector’s reliance on coal.

Federal regulators approve new rules to ease power connection backlogs 

BY: - July 29, 2023

The Federal Energy Regulatory Commission on Thursday finalized long-awaited new rules intended to reform how power generation projects get connected to the electric grid, seen as a major step in smoothing the path for thousands of mostly renewable power projects currently waiting to plug in. “This rule will ensure that our country’s vast generation resources […]

A coal-fired power plant in Romeoville, Illinois. The Environmental Protection Agency is proposing a new rule to regulate fossil fuel power plant carbon dioxide. (Photo by Scott Olson/Getty Images)

EPA again proposes power plant carbon rules. What’s next?

BY: - May 13, 2023

The courts tossed previous efforts. Is the third time the charm for the Biden administration?

EPA ruling could shutter W. Pa power plant ahead of schedule

BY: - January 26, 2023

The Keystone-Conemaugh plant was one of six sites tagged by federal regulators.

COMMENTARY

Here’s how poisonous mercury gets from coal-fired power plants into the fish you eat | Analysis

BY: - February 16, 2022

The Biden administration made the right call reinstating a federal rule limiting such emissions.