Gas

E.ON—a major investor-owned energy supplier that manages facilities across Europe, Russia, North America, Brazil, and Turkey—announced this week that it will embark on a new corporate strategy focused on renewables, distribution networks, and customer solutions, while combining its power generation, global energy trading, and exploration and production businesses into a new, independent company. “We are […]

The drop in world oil prices, given added impetus by the Organization of Petroleum Exporting Countries’ (OPEC’s) decision on Nov. 27 not to cut production, may pose a threat to shale gas production in the U.S. Crude oil prices have fallen substantially since reaching a peak of around $110/barrel this past July, hitting a low […]

The Environmental Protection Agency (EPA) on Wednesday proposed to revise the national ambient air quality standards (NAAQS) for ground-level ozone to a range of 65 to 70 parts per billion (ppb) and sought comments on a level as strict as 60 ppb. The proposed level applies to primary (health-based) and secondary (welfare-based) ozone standards, but […]

China on Wednesday issued a key energy strategy that sets obligatory 2020 targets for renewables and nuclear power use and urges increased natural gas consumption—but which also caps coal consumption.  The State Council’s Energy Development Strategy Action Plan covers the period between 2014 and 2020. It caps annual energy primary consumption at 4.8 billion metric […]

Power system demands are changing to put a premium on flexible grid operations, and gas-fired power is the best choice for increasing flexibility. Such was the sense of a panel presentation to utility regulators at the 126th annual meeting of the National Association of Regulatory Utility Commissioners (NARUC) in San Francisco this week. “The electric […]

The U.S. Census Bureau released data on Nov. 18 showing that revenues for electric power generation industries that use renewable energy resources grew 49% from 2007 to 2012, while fossil fuel electric power generation industry revenues decreased 6.7% during the same time period. Fossil fuel revenues continued to dwarf renewable totals, bringing in $79.7 billion […]

The Obama administration’s Clean Power Plan could result in the retirement of between 3.3 GW and 8.7 GW of coal-fired capacity in the Electric Reliability Council of Texas (ERCOT) grid and jeopardize electric reliability for the state that is already power strapped, the independent system operator (ISO) says in a new analysis.  The Environmental Protection Agency’s […]

After an array of New England’s largest utilities announced rate increases this fall, blaming seasonal natural gas shortages, the region is once again facing short-term gas price spikes as growing demand coupled with supply constraints roil the power market. National Grid, which supplies customers in New York, Massachusetts, and Rhode Island, announced on Nov. 1 […]

Panda Power Funds awarded the engineering, procurement, and construction contract for a 778-MW combined cycle power plant to a turnkey consortium of Bechtel and Siemens Energy Inc. The Panda Stonewall generating station will be located in Loudoun County, Va., on a 101-acre site about four miles southeast of Leesburg. It is the sixth order awarded […]

Events over the past year—turmoil in the oil-rich Middle East and the Russian-Ukraine gas crisis—along with uncertainty for nuclear power and pervading energy poverty worldwide show that the energy system is “under stress,” the International Energy Agency (IEA) says in its freshly released World Energy Outlook 2014 (WEO-2014). Despite technology and efficiency improvements, without actions […]