natural gas

Global investment group and asset manager Blackstone said it will support construction of a 600-MW combined-cycle natural gas-fired power plant in West Virginia. The Wolf Summit Energy facility, which will feature GE Vernova equipment, is affiliated with Old Dominion Electric Cooperative, which serves about 1.5 million customers across three states.

The Public Utility Commission of Texas (PUCT) has executed its first agreement under the Texas Energy Fund (TxEF) Completion Bonus Grant (CBG) Program, awarding the Lower Colorado River Authority (LCRA) up to $22.56 million for its 188-MW Timmerman Power Plant Unit 1, a new natural gas–fired plant in Caldwell County, Texas. The agreement marks the operational launch of Texas’s performance-contingent funding mechanism, which is designed to accelerate […]

The retirement of older thermal power generation facilities, driven by a transition to cleaner forms of energy, has increased in recent years as utilities and other power generators mothball plants that are uneconomic or simply no longer needed.

A Texas-based developer and operator of next-generation digital infrastructure and integrated power assets announced it has entered into a land option purchase agreement for a site in New Mexico that would feature a vast data center center campus. The plan announced November 6 calls for more than 2 GW of natural gas-fired generation capacity, and 5 GW or more of nuclear power, to energize the 3,500-acre site.

The explosive growth of cloud computing, artificial intelligence, and enterprise data storage has transformed data centers into the critical infrastructure of the digital economy. Yet their extraordinary and continuous electricity demands—often exceeding 100 megawatts per site—have made energy access and reliability the single most consequential factor in determining where these facilities are built. Across the […]

Energy development group Maple Creek Energy LLC said it has secured an agreement to purchase a GE Vernova 7HA.03 gas turbine in a single-shaft configuration, along with associated services, for the company’s 640-MW Maple Creek natural gas-fired power project in Sullivan County, Indiana.

Google has signed a first-of-its-kind corporate offtake agreement to purchase power from a new 400-MW natural gas–fired cogeneration plant outfitted with carbon capture and storage (CCS) in Decatur, Illinois. In an Oct. 23 blog post, Michael Terrell, head of Google’s Advanced Energy division, unveiled the corporate agreement that will allow the hyperscaler to purchase power […]

Entergy Mississippi announced plans to build a 754-MW combined-cycle natural gas-fired power plant in Vicksburg. The $1.2-billion Vicksburg Advanced Power Station will replace the former Baxter Wilson Steam Electric Station, as part of the utility’s Superpower Mississippi strategy.

Technology group Wärtsilä has signed an operation and maintenance (O&M) agreement with an outcome-based performance model, covering three power plants owned by Brazilian Âmbar Energia, the energy company of J&F Group. The five-year agreement announced October 23 combines Wärtsilä’s services with clearly defined performance targets to establish a framework that enables the power plants to […]

The One Big Beautiful Bill Act (OBBBA) has redrawn the U.S. energy sector map. By scaling back clean energy tax credits and easing regulations on fossil fuels, the act has simultaneously cooled renewable investment and reignited traditional energy expansion. For dealmakers in the energy industry, this has created both headwinds and new openings, especially in […]

FirstEnergy Corp. has submitted a plan to build a new 1,200-MW natural gas-fired combined-cycle power plant to serve customers in West Virginia. The company recently filed an Integrated Resource Plan (IRP) with state regulators that also calls for keeping two major coal-fired power plants in West Virginia operating at least through the next decade.

Enchanted Rock, the recognized leader in power resiliency, recently unveiled its next-generation dispatchable natural gas systems built to help critical industries secure the power they need with greater uptime, faster deployment, and utility-grade power. The new lineup includes modular RockBlock units, available from 1.5 to 3.5 MW with standard one-for-one diesel replacement capability and optional […]

Duke Energy announced plans to build more natural gas-fired generation capacity and look at nuclear power in order to meet the increased demand for power in its Carolinas service territory. The utility also said it will delay the retirement of some coal-fired facilities as it seeks to increase the supply of electricity for data centers and manufacturing plants.

Xcel Energy is adding more natural gas-fired power generation in Texas, with plans to convert a retiring coal-fired plant to natural gas, along with building a new peaker plant to provide electricity at times of high demand.

The Great Plains Power Station in Saskatchewan supports SaskPower’s effort to add generation capacity in support of the province’s rapidly growing industrial sector.

In Brazil’s industrial heartland, a pioneering energy project has earned a POWER Top Plant award for turning hydrogen-rich waste into clean, reliable power. The Vesta Cogeneration Plant not only boosts

Taiwan’s energy transition faces a unique challenge: powering its world-leading semiconductor industry while phasing out nuclear power and reducing coal dependence. Part of the solution emerged from an unlikely location—a former pineapple field in Tainan—where engineers built what has been recognized as a POWER Top Plant award-winning facility critical to the island’s energy future.

Southeast Asia’s first-ever JAC gas turbines are now supplying power to Thailand’s grid. With efficiency greater than 64%, the eight units deployed—four each at the Sriracha Power Plant in Chonburi and the Pluak Daeng Power Plant in Rayong—are worthy recipients of a POWER Top Plant award.

LandBridge Co., a Permian-focused land and infrastructure firm with 277,000 surface acres in the Delaware sub-region in Texas, and NRG Energy, one of the U.S.’s largest independent power producers, have inked a strategic agreement for a potential 1,100 MW natural gas–fired generation facility in Reeves County, Texas, to power a hyperscale data center. The agreement, […]

Blackstone, the world’s largest alternative asset manager, said its energy-focused private equity business has a deal to buy the 620-MW natural gas-fired Hill Top Energy Center in Pennsylvania. The agreement announced September 15 will see Blackstone Energy Transition Partners acquire the power station from Ardian, a global private investment firm. Blackstone officials said the purchase […]

Mitsubishi Heavy Industries (MHI) is prepared to double its production capacity for gas turbines within the next two years as demand for the technology continues to increase. Eisaku Ito, the company’s CEO, on August 29 said turbine orders are growing rapidly as demand for equipment rises, in part due to the need for more power […]

An energy infrastructure company said it’s moving forward with the GW Ranch project, an off-grid complex in Texas that will combine natural gas-fired generation and battery energy storage to provide nearly 7 GW of power in Pecos County. The campus, sited on more than 8,000 acres, is designed “to support hyperscale data centers and the […]

Regulators in North Dakota have given their approval for a 1,490-MW natural gas-fired power plant, a combined-cycle station that Basin Electric Power Cooperative officials said would provide the area with its first new baseload electric output in more than four decades. South Dakota utility commissioners, meanwhile, are set to consider an application for a smaller, […]

PPL Corp. and investment giant Blackstone Infrastructure have formed a joint venture to build, own, and operate natural gas combined-cycle generation plants in Pennsylvania specifically designed to serve data center loads through long-term energy service agreements (ESAs). The partnership, unveiled at the Pennsylvania Energy and Innovation Summit in Pittsburgh on July 15, represents a strategic […]

Kansas regulators have given Evergy the go-ahead to raise the utility’s rates to help finance construction of two new natural gas-fired power plants, along with a utility-scale solar power project, in the state.

County commissioners in North Dakota have signed off on a rezoning request from a local energy provider, a move that means a large coal-fired power plant could be used to supply electricity to a new industrial park.

GE Vernova said the first of three blocks of a major natural gas-fired power plant in Taiwan is now online. The company on July 7 said the first 1.3-GW unit of the Hsinta power station is operating, part of the facility’s transition from burning coal to using natural gas.

A utility that serves customers in Missouri announced it plans to build an 800-MW natural gas-fired power plant, along with the company’s first large-scale battery energy storage facility, at a site near St. Louis.

The advent of President Trump’s second term has heralded significant changes for the U.S. energy industry, and savvy private equity investors are adapting. Six months down the road, the reprioritization of investment opportunities by such savvy private equity investors has delineated some clear—and familiar—near-term winners. Two of the top five private equity investment trends in […]

Ireland is no longer burning coal to produce electricity after the country’s last coal-fired unit was converted to use heavy fuel oil. ESB, the plant’s operator, on June 20 issued a notice that the 305-MW Unit 3 of the Moneypoint station, located on Ireland’s southwest coast, has ended its use of coal after 40 years. ESB previously had said Moneypoint after the conversion would operate under direct dispatch instructions from EirGrid, the grid operator, as part of the balancing market.