NRG Energy

MHI Receives Order for World's Largest Post Combustion CO2 Capture System for a Coal-fired Power Generation Plant

Mitsubishi Heavy Industries (MHI) received an order for a world's largest post combustion CO2 capture system for the enhanced oil recovery (EOR) project in Texas, which is primarily promoted by NRG Energy and JX Nippon Oil & Gas Exploration (JX Nippon) of Japan. The system will capture CO2 from flue gas from an existing coal-fired power generation plant and will have a CO2 capture capacity of 4,776 metric tons per day (mtpd).

NRG eVgo Introduces New Convenience to Electric Vehicle Charging

NRG eVgo, a subsidiary of NRG Energy, plans to roll out the EZ-Charge (SM) platform, an initiative that will offer EV drivers the ability to access multiple EV charging networks with a single all-access card. The EZ-Charge card will support all eVgo public charging plans and enable EV drivers to enroll in participating partner network plans either through their charging company or directly with eVgo. eVgo expects to begin distributing EZ-Charge cards this summer to EV drivers with participating plans in San Francisco, San Diego, Dallas-Ft.

Digest (May 2014)

GE Energy Consulting and the New York Power Authority agree to a license arrangement allowing NYPA to use GE’s MAPS software to perform high-fidelity nodal analysis; NRG acquires Roof Diagnostics Solar, a residential solar company; GE unveils 2.75-120 wind turbine; AEP awards Babcock & Wilcox a contract to provide steam generator services.

Digest

Solar Reserve commissions 110-MW solar thermal plant with molten-salt heat storage; Minnesota Power orders 64 3-MW wind turbines from Siemens; Alstom wins contract to supply 6-MW offshore wind turbines; Itron announces subscription-based service offering; plus announcements and contracts involving SunEdison, Lockheed Martin, Washington Gas Energy Systems, and others.

Planned NRG and Edison Mission Energy Merger Receives FERC Approval

NRG Energy and Edison Mission Energy (EME) jointly announced that the Federal Energy Regulatory Commission (FERC) has approved the sale of substantially all of EME's assets to NRG. The acquisition of EME's portfolio of renewable and conventional generation assets will create the second-largest US power company. EME will add nearly 8,000 MW of generating capacity to the combined company's diverse portfolio of both conventional and wind generation facilities. The transaction closed on April 1, 2014.

Transactions (March 2014)

SCE&G acquires larger share of VC Summer nuclear project; APS buys SCE's share of Four Corners power plant; Allete (Minnesota Power) acquires from AES 231 MW of wind farms in four states; EdF acquires 194-MW Texas wind project; NRG issues $1.1 billion in bonds; ComEd floats $650 million in two tranches; plus transactions involving TransCanada, Alterra, PSEG, and others totaling $3.4 billion.

NRG Energy Signs Deal with Virgin Limited Edition to Power Necker Island with a Microgrid Solution

NRG Energy and Virgin Limited Edition entered into a diesel reduction agreement for the provision of renewable power to Necker Island. Pursuant to this agreement, NRG will develop a renewables-driven microgrid for the entire island, supplying reliable electricity powered at least 75% by an integrated array of solar, wind and energy storage technologies.

Digest

Siemens and Accenture joint venture on smart grid management systems; CenterPoint picks Itron for RF meter rollout; Memphis picks Elster electric, gas, and water AMI system; TransAlta acquires Wyoming wind farm from NextEra; NRG acquires Edison Mission Energy assets; Google to invest in Imperial Valley solar project; Sempra acquires Nebraska wind project; plus contracts and announcements from Babcock & Wilcox, Echelon, PJM, California ISO, and others.