Gas

The world must have carbon capture and storage (CCS) technology to address climate concerns, but commercializing CCS will require a level playing field, an industry advisory council appointed by the Department of Energy (DOE) underscores in a new white paper. The report released by the National Coal Council (NCC) on Nov. 10 responds to a […]

Falling power and gas prices will impact the operating cash flows of unregulated U.S. utilities in 2016, but regulated utilities will see a more stable outlook owing to a supportive regulatory environment, Moody’s Investors Service said in a new analysis of fundamental business conditions released on Nov. 6. Moody’s changed its 2016 industry outlook for […]

  As liquefied natural gas (LNG) continues to draw attention in the gas market, with the first new U.S. LNG export terminal in decades coming online next year, another liquefied gas—propane—is beginning to expand its share of the mix as propane power options continue to grow. While propane-powered engines and microturbines have been around for […]

A subcommittee of the House Energy and Commerce Committee has passed two resolutions under a rarely invoked law to render the Environmental Protection Agency’s (EPA’s) newly finalized carbon rules for new and existing power plants toothless. The joint resolutions introduced on Oct. 26 by Energy and Power Subcommittee Chair Rep. Ed Whitfield (R-Ky.) under the […]

Italian energy giant Ansaldo Energia says its acquisition of Alstom’s GT 26 and GT36 gas turbine assets and technology, as required by European regulators, will allow the company to increase its turnover twofold in the coming five years. The firm owned 44.8% by Italian state-owned holding company Fondo Strategico Italiano and 40% by Chinese equipment […]

Following regulatory approval of a $10.6 billion transaction in over 20 countries and regions, GE’s acquisition of Alstom’s energy activities is now complete. GE and Alstom sealed the deal first proposed in early 2014 with the signing of a 1,500-page “master agreement.” GE had initially proposed buying Alstom’s lucrative business for €12.35 billion, but following […]

Levelized Cost of Electricity

South Africa reached a milestone this September when it put online its first large-scale project owned by an independent power producer (IPP). The inauguration of the 335-MW Dedisa Peaking Power plant located

Largely dependent on imported fuel oil, many island systems must grapple with soaring electricity costs and reliability issues, in part because they are isolated and they don’t benefit from economies of scale. But some nations are seeking alternatives. It’s the same story all over the world. To fuel their economies and support growing populations, geographically […]

The 400-MW coal-fired Sunbury Power Plant in Snyder County, Penn., retired in 2014, will be replaced with a three-unit, 1.1-GW combined cycle plant, private equity firm Panda Power Funds announced on Oct. 28. The four-unit Sunbury facility, which began operations in 1949, was shuttered last year after 65 years of operation. Originally built for Pennsylvania […]