A nearly daily update of energy-related news:
- Still under development, small modular reactors (SMRs) are under consideration for use in the power industry. SMRs use nuclear technology that is scaled down and are able to produce approximately 10 percent of the electricity of traditional reactors. The “mini plants” are made of parts that are transportable on trucks and barges. Once at the site, they are assembled in around six to 12 months.
- In India, NTPC Ltd., the country’s largest power producer saw a 4 percent increase in Q1 profit due to higher energy sales. NTPC’s plants produced 64.56 billion kWh of power, 10 percent more than a year ago. The country’s electricity demand also increased 8.1 percent within the three-month period. The company reported its earnings based on the newly introduced Indian Accounting Standards, which are in line with the International Financial Reporting Standards.
News Release TCEH Corp., Parent Company for Luminant and TXU Energy, Emerges from Chapter 11 as a Competitive, Well-Capitalized Company *** Energy Industry Veteran Curt Morgan Formally Named CEO *** Restructuring Eliminates More Than $33 Billion in Debt *** Benefits from Low Leverage Relative to Peer Group *** Company […]
Razen Thomas is proud to be Powering Texas and proud of the hard work and innovation that she sees from her colleagues every day at Oak Grove Power Plant. As support manager, Razen makes sure everyone has the tools, equipment and processes to do their jobs safely and effectively. Watch this month’s Job One Profile […]
An abundance of wildlife, including numerous bald eagles, call Luminant’s sites and reclaimed land home. When Liberty Mine’s resident bald eagle pair returns this fall, they’ll find a few home renovations – most notably, a new nest location. The eagles’ nest was recently moved away from mining activities to a new location on company property […]