Gas

Exports of natural resources have given Russia increased global political and economic clout. But domestically, the world’s fourth-largest generator of electricity has had to embark on the most ambitious reforms ever undertaken to modernize dilapidated Soviet-era power infrastructure and incentivize a massive capacity expansion to support a revived economy.

Global generating capacity is poised to soar by more than 72%, to 9,340 GW, by 2035 from 5,429 GW in 2011, despite retirement of about 1,980 GW, the International Energy Agency (IEA) forecasts in its World Energy Outlook 2012, released in November.

Achieving a balance between affordable and sustainable electricity while improving reliability is a challenge unlike any the electricity sector has faced since its inception. Technology innovations in key areas such as energy efficiency, smart grid, renewable energy resources, hardened transmission systems, and long-term operation of the existing nuclear and fossil fleets are essential to shaping the future of electricity supplies.

Fuel for power generation will account for about 55% of demand-related energy growth through 2040, ExxonMobil forecasts in its freshly released annual energy forecast. Like several other forecasters, the Irving, Texas–based oil and gas company also predicts that natural gas will emerge as the leading source of electricity generation by 2040. Among key findings in […]

Maybe it’s time to start talking about the “POWER bump.” Over two years ago, POWER magazine published a story about a new concept for generating power from waste heat. Today, Sarnia, Ontario’s AVEtec Energy Corp. announced that Silicon Valley entrepreneur and venture capitalist Peter Thiel will fund a prototype Atmospheric Vortex Engine (AVE) invented by the company’s president, Louis Michaud. The technology holds promise for low-cost thermal plant efficiency gains by generating power from waste heat.

Allowing unlimited U.S. exports of liquefied natural gas (LNG) would increase marginal costs of supply and raise domestic natural gas prices, but it would have "net economic benefits" across a range of scenarios ranging from relatively normal conditions to stress cases with high costs of producing natural gas in the U.S. and exceptionally large demand for U.S. LNG exports around the world, a report prepared for the Department of Energy and released on Wednesday suggests.

Compared to projections from last year, an Early Release Overview of the Energy Information Administration’s (EIA’s) Annual Energy Outlook 2013 (AEO2013) released on Wednesday foresees higher gas production and, with it, a higher share of gas generation by 2040. The outlook also projects a growing share of renewable and nuclear power, but dampened future coal use.

The de facto U.S. energy policy is to burn more gas, much of it produced using “fracking” technology. Huge volumes of low-priced natural gas have caused coal plant shutdowns, slowed renewable development, and undercut new nuclear plant development. Using more gas has also sent the nation’s carbon dioxide emissions into a downward spiral. Is the glut of natural gas too good to be true?

FuelCell Energy Inc. on Monday announced an order from its South Korean partner, POSCO Energy, for 121.8 MW of fuel cell kits and services to be manufactured at the FuelCell Energy production facility in Torrington, Conn. The company said this represents the largest order for both its company and the fuel cell industry.

Germany’s E.ON this August began construction of a new pilot plant in Falkenhagen in northeast Germany that will convert excess wind energy into synthetic natural gas that can then be fed into the regional gas grid, where it can be used to produce heat and power.