Gas
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Gas
Energy Deals Shift to Renewables and U.S. Shale Bargains
At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future. In mid-May 2020, French oil major Total opted not to pursue a deal, announced in 2019, to purchase the African assets of Anadarko Petroleum, a U.S. producer […]
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Coal
Coal-Fired Power in 2021: A Recovery or a Reckoning?
This has been the year from hell for coal-fired power and the coal industry. If current projections hold, coal generation in 2020 will be 21% lower than last year and 62% lower than the 2007 peak. The coal share of the generating mix, which for decades hovered around 50%, will finish the year at 20%, […]
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News
Duke Energy Pursuing Sweeping Changes to Generation Mix
Doubling down on its net-zero efforts, Duke Energy will retire all coal-only units in the Carolinas, multiply its renewable portfolio, and cease emitting methane in its natural gas business by 2030. The company made the announcements on Oct. 12 at its first environmental, social and governance (ESG) day, a virtual event geared toward its investors. […]
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Hydrogen
GE Secures First HA-Class Hydrogen Gas Power Deal: Long Ridge Energy Terminal
Long Ridge Energy Terminal will transition a 485-MW combined cycle power plant that is under construction within its sprawling multimodal facility on the Ohio and West Virginia border with the capacity to run on a hydrogen blend when it begins operation in 2021, and eventually transition to 100% green hydrogen within a decade. Long Ridge, […]
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Gas
West Virginia Natural Gas Power Project Shelved
A developer has shelved a 920-MW natural gas-fired power plant planned for Brooke County, West Virginia, citing “changing conditions in the energy and financial markets” and alleged coal industry interference. Energy Solutions Consortium (ESC), a single purpose entity engaged in developing natural gas-fired power plants in West Virginia and Pennsylvania that has been active since […]
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Press Releases
Keeping power online: Extending small steam turbine performance and reliability to minimize costs
Beyond the large units driving generators, small steam turbines are commonly used in parallel with electric motors to power important assets such as pumps. Keeping these smaller turbines properly maintained is essential for continued performance and reliability. Sulzer has a network of specialized facilities that are equipped to service these turbines as well as the […]
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Press Releases
McAllister Mills Introduces TREO® 2000 High-Temperature Blankets
TREO 2000 uses the latest AES fiber technology to enhance safety and thermal performance INDEPENDENCE, VA, October 6, 2020 – McAllister Mills, a global leader in the manufacture of precision-engineered thermal fabrics and products, has introduced TREO® 2000, the company’s newest bio-soluble high-temperature blanket that uses the latest in AES (alkaline earth silica) fiber technology. […]
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