March
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US Power Plant Firm Goes Bankrupt After Winter Storm Penalties
Lincoln Power LLC, the owner of two Illinois power plants, filed for bankruptcy after its financial strain was exacerbated by nearly $39 million in penalties levied by the biggest US electric-grid operator.
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Shell Splits Up Global Renewable Power Unit in New CEO’s Shakeup
Shell Plc is splitting up its global renewable power business as new Chief Executive Officer Wael Sawan puts his imprint on the energy giant.
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EU Agrees Nuclear Has Role in Meeting Ambitious Climate Goal
European Union negotiators reached a deal on scaling up renewable energy this decade, and provided a small role for nuclear in one of the last pillars of the bloc’s landmark green plan.