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David Crane

Article, Corporations, Energy, People, Utilities and Providers

What’s next for NRG after Crane removal?

June 8, 2016

With some of the most ambitious clean-energy goals among U.S. electric-power companies, NRG Energy sees itself as a trailblazer in the industry. But pursuing those objectives has been difficult for NRG, whose board sacked its CEO, David Crane, last December. Now, with a new boss, one of the nation’s biggest independent power companies sees itself as still on course — but taking a more cautious approach — to a greener energy future. (Read More)

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by Bill Loveless
Article, Corporations, Energy

Energy industry loses an executive-suite maverick

December 6, 2015

The resignation of David Crane as chief executive of NRG Energy last week illustrates the risks that leaders of U.S. electric-power companies face in a changing industry. Crane stepped down amid a nosedive in the company’s stock, a slump that reflected investor discomfort over his efforts to transform the company from a traditional supplier of electricity to one increasingly focused on rooftop solar systems, electric-vehicle charging and home energy management. (Read more)

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by Bill Loveless
Article, Corporations, Energy, Technology

NRG Energy sees shining future for solar

May 25, 2015

David Crane likes to compete with himself. For Crane, the CEO of NRG Energy (NRG), the biggest independent producer of electricity in the U.S., conventional coal, natural gas and nuclear plants provide the bulk of his company’s $3.8 billion in revenue. But Crane foresees a day not so far off when new technologies like rooftop solar and batteries will turn the electric power industry upside down, and NRG is moving in that direction. (Read More)

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by Bill Loveless