Latest NRG Energy Stories
By David Robinson State officials pulled the plug Wednesday on a proposed $1.6 billion advanced coal project that would have brought more than 1,000 construction and operating jobs to the Town of Tonawanda, saying the electrical generating plant would cost taxpayers too much and relied on technology that remains unproven. State Power Authority officials said that, even after intense efforts over 18 months, the proposed 680-megawatt power plant at the Huntley Station would have required...
By David Robinson, The Buffalo News, N.Y. Jul. 17--State officials pulled the plug Wednesday on a proposed $1.6 billion advanced coal project that would have brought more than 1,000 construction and operating jobs to the Town of Tonawanda, saying the electrical generating plant would cost taxpayers too much and relied on technology that remains unproven. State Power Authority officials said that, even after intense efforts over 18 months, the proposed 680-megawatt power plant at the...
NRG Energy, Inc. (NYSE: NRG) today issued the following statement regarding its planned clean coal project at its Huntley Station in western New York: Today, the New York Power Authority (NYPA) informed NRG of its intent to allow their strategic alliance, formed in January 2007 to pursue development of NRG's clean coal project, to expire on July 22. This effectively ends our effort to develop a clean coal project at Huntley in its present form. "In this era of sky high prices for oil and...
By Elizabeth Souder, The Dallas Morning News Jul. 6--There is such a thing as too much wind power. Sure, wind is among the cheapest, cleanest fuels generating the power Texans increasingly demand. But as officials brag about the state's status as the No. 1 wind producer in the country, they're also debating how much is too much. Building the transmission lines to bring wind power from rural West Texas to population zones will cost billions. And even with enough transmission lines, the...
NRG Energy, Inc. (NYSE: NRG) has completed major improvements at its Cos Cob generating station in Fairfield County, Conn. that have added 40 megawatts (MW) of clean reliable power to the site. The plant is now capable of providing power to more than 80,000 homes during high electricity use periods. "Today marks an important milestone in our efforts to help keep power flowing, especially during the summer months when energy demand is at its peak," said John Ragan, NRG's Regional President,...
NRG Energy, Inc. (NYSE: NRG) Senior Vice President & Chief Financial Officer, Clint Freeland, is scheduled to present at the 18th Annual Wachovia Nantucket Equity Conference on Wednesday, June 25, 2008 at 9:30 am eastern. Interested investors can listen to the live audio webcast at http://www.nrgenergy.com under "Investors." A replay of the webcast will be archived on the website. About NRG A Fortune 500 company, NRG Energy, Inc. owns and operates a diverse portfolio of power...
By David Robinson When Gov. David A. Paterson threw the state's backing behind an advanced coal power plant project last week, where he made the announcement was almost as significant as what he said. The governor gave the state's blessing -- and a pledge for almost $7 million -- to a smaller, demonstration-sized project in Jamestown. He was decidedly non-committal on a much bigger advanced coal power plant at the Huntley Station in the Town of Tonawanda that's coming up against a key...
In a landmark decision today, NRG Energy, Inc. (NYSE:NRG) received a conditional award of a contract from the New York Power Authority to build an innovative, 680 net megawatt (MW), Integrated Gasification Combined Cycle (IGCC) plant at its Huntley facility in Tonawanda, New York. The project, which represents a total project cost of approximately $1.5 billion, is scheduled to go into commercial operation in 2013. Unlike other technologies some refer to as "clean coal," this plant can...
