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NRG Energy owns the Indian River Power Plant near Millsboro, Delaware. The plant is a 784 MW facility that produces electricity from the combustion of coal. [57] During 2018, NRG Energy sold four of their wholesale generation platforms: NRG Yield, Operations & Management (O&M) business, development business, and NRG's South Central business.
Natural gas power stations opened at a fast rate throughout the 2010s, quickly replacing aging, dirty, and economically unviable coal-fired power stations, but by the early 2020s new plants were mostly wind and solar with only Texas, Ohio and Pennsylvania continuing to open significant numbers of gas plants.
As of 2017, the current oil price was about $50 per barrel and therefore a net loss has resulted regarding the oil production at the field. [10] On May 1, 2020, NRG shut down Petra Nova, citing the low cost of oil as a result of the COVID-19 pandemic .
NRG Energy, Inc. (NYSE:NRG) reported a third-quarter revenue decline of 9.1% year-over-year to $7.22 billion, missing the consensus of $9.381 billion. Adjusted EPS stood at $1.85, missing the ...
In June 2009, NRG Energy purchased Reliant Energy's retail electricity business. At the time, Reliant had 1.8 million customers and was the second largest electric provider in Texas. [ 5 ] The name Reliant Energy was retained and the surviving wholesale business was renamed RRI Energy , which was retired in 2012 after additional NRG acquisitions.
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