Blog: February 2018
Recently, Philadelphia Energy Solutions asserted its refinery complex is not antiquated, but “state of the art.” Let's explore that claim with some real data.
What does last week's ruling on primary frequency response mean for grid resilience and clean energy? And what limitations exist under this new rule?
Philadelphia Energy Solutions forecasts a rosy picture following a Chapter 11 reorganization. But the refinery still faces some fundamental challenges.
Many of the challenges stressing Philadelphia Energy Solutions were known and anticipated. And investors may have sacrificed PES for the benefit of more profitable projects.
The Philadelphia refinery says Renewable Energy Fuel Standard compliance costs were the source of its woes, but the real story is somewhere between tough luck and market realities.
The East Coast's oldest and largest refinery filed for bankruptcy last week after a long history of being unprofitable. Find out why.