Archive: Gas

Kevin McIntyre, an attorney at Jones Day, the largest law firm in the U.S., takes over as chairman at FERC. Source:  POWER via Senate Confirmation Hearings

McIntyre Takes Reins as New Head of FERC

Kevin McIntyre was sworn in as chairman of the Federal Energy Regulatory Commission on December 7, just more than a month after his nomination to the post was approved by the Senate. He takes over from interim chair Neil Chatterjee, who will remain at FERC as a commissioner. The agency that regulates transmission and wholesale […]

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GE Cutting 12,000 Jobs in Power Division

General Electric (GE) said December 7 it will cut 12,000 jobs in its power unit as the company continues to struggle with changes in the global power market. The company in a statement said the staff reductions will save $1 billion in 2018. “Traditional power markets including gas and coal have softened,” the company said, […]

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MHPSA CEO Optimistic About the Future [PODCAST]

In December 2016, Mitsubishi Hitachi Power Systems (MHPS) announced the introduction of its JAC gas turbine—a new air-cooled J-series model. The JAC has flexible ramping capabilities, an impressive 64% efficiency, 99.5% reliability, and a combined cycle output of 575 MW. Furthermore, the design has been thoroughly tested, with more than 14,000 operating hours at T-Point, MHPS’s validation facility. The […]

Figure 1-Erie Transmission

Will North American Energy Trade Wax or Wane Under Trump?

Cross-border trade in energy—electricity, natural gas, and oil—has been an unanticipated boon to the U.S., Canada, and Mexico, exceeding $140 billion in 2015. The Trump administration’s antipathy toward

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POWER Digest [December 2017]

Construction Set to Begin on First Nuclear Plant in Turkey. Berat Albayrak, Turkey’s Energy and Natural Resources Minister, in mid-October said construction of the country’s first nuclear power plant would

Pleasant Prairie

WEC Will Close Coal-fired Plant in Wisconsin

The bell has tolled for another U.S. coal-fired power plant. WEC Energy Group on November 28 said it would shutter its Pleasant Prairie facility in Wisconsin, another victim of energy market dynamics that include low natural gas prices, falling demand for electricity, and the continuing move by utilities toward renewable power generation sources such as […]

Laramie River Station coal power plant Source: LMB Photography

EIA: Coal Plant Closures Lead to Large Emissions Drop

A U.S. Energy Information Administration (EIA) analysis of carbon dioxide (CO2) emissions in 2015 from U.S. coal consumption shows 43 states recorded lower emissions year-over-year, with just four states showing increased levels, while three states and the District of Columbia had little to no emissions. On the whole, the EIA report released in mid-November comparing […]

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GE Power Falters on Underperformance of Alstom Investment

Weak earnings associated with General Electric’s (GE’s) underperforming $10.1 billion investment in Alstom have prompted the giant conglomerate to rejigger its power business and lean more heavily on other segments. GE Power, the company’s long-standing and lucrative business unit that has installed 1.6 GW of the world’s installed capacity over its 125-year history, has also […]

The E.W. Brown Generating Station in Kentucky is closing two more coal-fired units at the plant. The facility's 10-MW solar farm is shown in the foreground. Courtesy: LG&E-KU

More U.S. Coal Units Closing Despite Possible Market Pricing Change

U.S. utilities continue to announce closures of financially troubled and older coal-fired power plants even as government officials work on a bailout plan to keep them operating. Owners of a coal plant in Montana that has only been online since 2006 informed the state’s Public Service Commission (PSC) last week of plans to shutter the […]