Category Energy

Mr. Peabody’s coal mine might just go away

Peabody Energy, the biggest producer of coal in America, just missed an interest payment of $71 million and will almost certainly file Chapter 11 bankruptcy. Their auditor says there is uncertainty about Peabody continuing as a going concern. Their big…

Concentrating Solar Power plant now online in Nevada

Crescent Dunes Solar Energy Plant

This is a big deal. Crescent Dunes Solar Energy Plant, the world’s first utility-scale concentrating solar power plant, is now online in Nevada producing power 24 Unlike solar photovoltaic, CSP can generate electricity continually. It does so by reflecting the…