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NRG

Podcast

Columbia Energy Exchange: Mauricio Gutierrez

January 5, 2018

My first Columbia Energy Exchange podcast of 2018 with one of the new leaders in the U.S. electric power industry. This comes as the Federal Energy Regulatory Commission prepares to respond to a Trump administration plan to aid old coal and nuclear plants, and the U.S. power sector faces even more disruption. Mauricio Gutierrez, the CEO of NRG Energy, responds frankly to these developments. I enjoyed the conversation! Listen here.

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by Bill Loveless
Article, Corporations, Economy / Finance

Houston coal plant makes use of carbon capture tech

January 15, 2017

The woebegone U.S. coal industry received a rare bit of good news recently as the independent power company NRG Energy announced the completion of a $1 billion venture in Texas. Called Petra Nova, the project separates more than 90% of the carbon dioxide from 240 megawatts of coal-fired power at a generating plant near Houston. Petra Nova first captured carbon dioxide in September and has delivered more than 100,000 tons of the gas to an old oil field 80 miles away, where it is injected to produce more crude from the ground. (Read More)

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by Bill Loveless
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