Shuttering fossil fuel power plants may cost less than expected

Decarbonizing U.S. electricity production will require both construction of renewable energy sources and retirement of power plants now operated by fossil fuels. A generator-level model described in the December 4 issue of ...

Alstom to build Israeli hydro power storage plant

French engineering group Alstom has won a contract worth 120 million euros ($163 million) to build Israel's first hydroelectric storage facility, the company said on Thursday.

Changing climate poses threat to power plants, US report says

Power plants across the country are at increased risk of temporary shutdown and reduced power generation as temperatures and sea levels continue to rise and water becomes less available, the Department of Energy said Thursday.

Goldman Sachs to invest in Japan green energy

US investment banking giant Goldman Sachs said Monday it will start investing in Japanese renewable energy projects, with a reported $2.9 billion outlay over the next five years.

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