Gas
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Sustainability
The Carbon Countdown: Captive Insurance Strategies for Energy’s Ticking Time Bomb
As the urgency to combat climate change intensifies, the energy sector faces unprecedented financial risks. One of the most pressing issues is the risk of stranded assets. This challenge was first brought to widespread attention by the Carbon Tracker Initiative’s 2011 report, which highlighted the financial risks associated with unburnable carbon. Now, the risk of […]
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Hydrogen
Can Utility-Scale Power Boilers Safely Fire Hydrogen?
There is plenty of enthusiasm around hydrogen as a possible alternative fuel to natural gas in combustion processes. Some hope it can eventually replace natural gas in applications such as utility boilers. However, any transition to 100% hydrogen has plenty of challenges to overcome due to it having such fundamentally different combustion characteristics. This gives […]
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Gas
Original Approach to Fogging Regains Popularity
MeeFog’s very first installation of inlet air fogging was done at Harbor Cogen in Southern California in 1991 on a GE 7EA turbine where it continues to be used for power augmentation to this day (Figure 1). When it was installed, the fogging arrays were placed upstream of the air filters. Since that time, more […]
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Energy Security
Texas Moves Forward with $5.38B in Loans for 10 GW of New Dispatchable Power Projects
The Public Utility Commission of Texas (PUCT) has shortlisted 17 gas-fired “dispatchable” generation projects—a combined 9,781 MW—that will advance to receive $5.38 billion in loaned funds under the Texas Energy Fund (TEF) In-ERCOT Loan Program. The 17 proposed new projects in the PUCT’s loan portfolio, chosen from 72 applications, now proceed to a “due diligence” […]
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Commentary
Two Years After IRA: Carbon Capture Coalition Executive Director Reflects on Coalition’s Progress and What’s to Come
This week marks the second anniversary of the Inflation Reduction Act (IRA), a critical milestone for the section 45Q tax credit, the foundational policy for the deployment of carbon management technologies, which was further enhanced in the IRA. The 45Q tax credit provides a credit on a per-ton basis for carbon that is captured from […]
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Gas
Myanmar Gas-Fired Plant Shut Down Amid Civil Unrest
Civil unrest in Myanmar has led Singapore-based Sembcorp Industries to at least temporarily shut down operation of the 225-MW Sembcorp Myingyan natural gas-fired power plant in Mandalay. Sembcorp, part of Singapore-based and government-owned Temasek, a global investment company, on August 12 said operations at the Sembcorp Myingyan Independent Power Plant would be suspended until further […]
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News
LS Power Acquiring Renewable Energy Assets in $2.5 Billion Deal
A New York-based power and energy infrastructure group will acquire more than 3 GW of operating renewable energy assets, along with another 8 GW of projects under development, from a Canadian company in a deal valued at up to $2.5 billion. LS Power, headquartered in New York City with offices in New Jersey, Missouri, Texas, […]
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Coal
AES Indiana Switching Last Coal Units to Gas, Adding Solar and Storage
An Indiana electric utility has announced a $1.1 billion investment in that state that includes switching coal-fired units to run on natural gas, along with new solar power and battery energy storage projects. AES Indiana, a subsidiary of AES Corp., and formerly known as Indianapolis Power & Light, on August 8 said it will convert […]
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O&M
Forced Outage Parametric Insurance Solutions for CCGTs
Combined cycle gas turbine (CCGT) power plants started appearing on a larger scale in the late 1990s and have since then been a very efficient supplier of baseload and lately peaking capacity to the power grids. The U.S. Energy Information Administration (EIA) recently reported that natural gas–fired capacity additions are increasing in the U.S. again […]
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Trends
POWER Digest [August 2024]
Malaysia Slightly Moves Up Timeframe for Coal Phaseout. Malaysia will halve its coal use by 2035 and phase out coal generation by 2044, slightly earlier than previously anticipated by the country’s National
Tagged in:- Mellansvensk Kraftgrupp
- China
- Japan
- Kansai Electric Power Co.
- India
- Powering Past Coal Alliance
- Malaysia
- London Climate Action Week
- Sweden
- Malaysia Energy Exchange
- Vattenfall
- China Three Gorges Renewable Group
- National Energy Regulator of South Africa (NERSA)
- Ministry of Power
- National Council of Provinces in South Africa
- Uniper
- Nuclear Regulation Authority (NRA)
- Fortum