Gas
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Legal & Regulatory
Mexico Embarks on Historic Energy Reform
Mexico’s much-awaited constitutional energy reform, passed on Dec. 12 by the federal congress and a week later by the required majority of state congresses, could spark increased private participation in
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Gas
Using Carbon Dioxide to Produce Geothermal Power
A new kind of geothermal power being developed by a team of scientists from the Lawrence Livermore National Laboratory (LLNL), the University of Minnesota, and the Ohio State University could sequester carbon
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Coal
Texas and the Capacity Market Debate
On Feb. 2, 2011, a winter storm gripped the Lone Star State, bringing freezing temperatures and heavy ice loads onto the state’s electric infrastructure. Texas experienced a series of unexpected rolling
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Legal & Regulatory
Obama in SOTU: “All-of-the-Above” Energy Strategy Is Working
President Obama spoke briefly about energy in his State of the Union address on Tuesday night, though he declared at the outset: “The all-of-the-above energy strategy I announced a few years ago is working, and today, America is closer to energy independence than we’ve been in decades.” That statement rejected recently expressed concerns from 18 […]
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Renewables
EU Proposes 2030 GHG Emissions, Renewables Mandates Based on Economic Concerns
The European Union (EU) should emit 40% less carbon dioxide than it did in 1990 and produce 27% of its energy from renewables by 2030, declares a new framework on climate and energy presented by the European Commission (EC) on Wednesday. The communication setting out the 2030 framework is now expected to be debated by the […]
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Gas
Panda Power Funds Rolls on with Another New Gas Plant
Even for the rapidly expanding gas-fired power sector, Dallas-based Panda Power Funds has been making waves. On Dec. 20, the private equity firm announced another deal: It has completed the acquisition and financing of Moxie Energy’s planned 829-MW Patriot generating station, a combined-cycle project to be located in Clinton Township, Pa. (Figure 1). Construction is […]
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Gas
Gas Group Warns EU Will Badly Miss 2050 Carbon Emissions Goals Under Current Policies
The European Union (EU) cannot meet its 2050 carbon emissions goals without reform of its carbon-pricing scheme, according to a report from the European Gas Forum released on Dec. 13. While progress toward the goals has been made, the report warns that the pace of decarbonization will stall in the 2020s because low carbon prices, […]
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Renewables
Fitch: California Drought to Take a Toll on Hydropower Generators
A years-long drought afflicting California could put financial pressure on a number of the state’s hydropower generators, a ratings agency warns. Fitch Ratings on Friday said that while the financial impact could be manageable, utilities that depend on hydropower generation for the most part may be forced to use more expensive generation and purchased power […]
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Coal
EIA: Gas Price Hikes Pushed Up Wholesale Power Prices Across U.S. in 2013
Increases in spot natural gas prices generally prompted wholesale electricity price hikes across the nation from in 2013, but power prices were the highest in the Pacific Northwest and New England, the Energy Information Administration (EIA) said on Tuesday. Average wholesale electricity prices at the Mid-Columbia trading hub were $37.53/MWh—soaring 64% in 2013 compared to […]
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Legal & Regulatory
Europe Faces Capacity and Cost Challenges in 2014
This is expected to be the year when modest economic growth at last returns to a recession-hit Europe. Recent depressed power demand from industry has already allowed the 27 countries of the European Union
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Gas
Shale: The Rock That Rocked the World
In the early 1980s, a man named George Mitchell, who owned an independent oil and gas company in Houston, began to see a distressing trend in his company’s future. Mitchell Energy supplied natural gas to a
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Renewables
A Novel Solar-Fossil Hybrid Power Plant
The Pacific Northwest National Laboratory (PNNL) is developing a promising solar-fossil hybrid power system for integration with a conventional combined-cycle power plant. The hybrid system uses concentrated
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Renewables
POWER Digest (January 2014)
Jordan Picks Russian-Built AES-92 For First Reactor. Jordan in early November chose Rosatom’s reactor export subsidiary AtomStroyExport to supply AES-92 nuclear technology for its first nuclear power plant
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Renewables
IEA’s World Energy Outlook 2013: Renewables and Natural Gas to Surge Through 2035
By 2035, renewables will hold a 30% share of the global power mix, but only 1% of the world’s fossil fuel–fired power plants will be equipped with carbon capture and storage (CCS), reports the
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Gas
China’s Shale Gas Development Outlook and Challenges
Thanks to sustained and rapid development of China’s economy, demand for natural gas has been increasing. From 2000 to 2010, China’s demand for natural gas increased from 24.7 billion cubic meters (bcm) to
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Commentary
Financial Performance – Based Utility Bonuses: Unnecessary Exposure
A series of derivative lawsuits has recently been filed against the officers and directors of Pacific Gas and Electric Co. (PG&E) based on the explosion of a PG&E gas transmission line in San Bruno
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Legal & Regulatory
A Rising Tide of Regulation and the “Kick-the-Can” Gambit
A tidal wave of pent-up federal regulations could surge across much of the electricity industry in 2014. In recent years, Congress has been unable to enact new laws in energy, which has led a frustrated
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Commentary
How U.S. Power Generators Are Preparing for 2014
The business environment for generating companies worldwide continues to become increasingly complex, and not just as a result of regulations. Even in the U.S., the concerns and constraints faced by generators
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O&M
Day & Zimmermann Focuses on Flexibility
Now more than ever, we see the U.S. power market sharply focused on maximizing return on investment. We see power producers responding to economic uncertainty, high costs for new emission controls, and a
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Commentary
Burns & McDonnell Sees U.S. Market in Transition While Asian Market Grows
The U.S. power generation market is experiencing a unique set of transitional drivers, the biggest being the current economics within the energy market. U.S. Market Drivers A significant portion of the U.S
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Gas
MISO Sees Growing Role for Natural Gas in Midwest
Lower gas prices, expanding infrastructure, and coal retirements are likely to drive a much greater role for natural gas in the Midwest, according to a new study by the Midcontinent Independent Service Organization (MISO). The study, released Dec. 6, is the third phase of ongoing assessment that MISO initiated in 2010 after recognizing the impending […]
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Gas
Fracking May Cut Total Water Use From Increase in Gas-Fired Power
Those enormous amounts of water used in hydraulic fracturing may not be the environmental headache they appear to be. That’s because of the downstream effects of more abundant, less expensive natural gas unlocked by the process, known as “fracking,” according to a new study from the Bureau of Economic Geology (BEG) at the University of […]
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Gas
EIA: Natural Gas to Overtake Coal by 2035
The latest projections from the Energy Information Administration (EIA) are unlikely to quell concern in the coal industry, as the EIA has increased its projections for natural gas production and power burn, while continuing its gloomy outlook for coal. The EIA’s Annual Energy Outlook Early Release, posted Dec. 16, boosts its estimates of natural gas […]
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Renewables
FERC Addresses Industry Change in House Hearing
“No industry stays static over time. Change is inevitable,” said the Federal Energy Regulatory Commission’s (FERC) John Norris in a house subcommittee hearing today. For the electric sector, he said in prepared remarks, “The time of incremental change is clearly over.” The Dec. 5 hearing before the House Energy & Commerce Committee, Subcommittee on Energy and Power was […]
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Gas
EIA: Gas Power Burn Down from 2012—But Coal Hasn’t Recovered
According to the latest data from the Energy Information Agency (EIA), while gas power burn is down from its peak last year, generation from coal has not recaptured much of what it lost. EIA estimates show that electric power sector gas consumption was, on average, down 13% through November compared to the same period in […]
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Gas
California Builds a High Efficiency CHP Plant for Its Capital Complex
When the State of California needed a new Central Utility Plant (CUP) to provide electricity, steam, chilled water, and compressed air to its 5.5 million square foot, 23-building campus in downtown Sacramento, the requirements were stiff. The original CUP was sending as much as 15 million gallons of heated water per day to a spray […]
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Gas
Coal-Fired Power Continues Dramatic Decline in Southeast
Once the dominant fuel in the southeastern U.S., coal has been hammered by plummeting gas prices and more efficient gas-fired plants, according to the most recent figures from the Energy Information Administration (EIA). Though the region has seen a steady increase in gas-fired capacity over the past decade, as recently as 2008, coal still provided […]
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Commentary
Defining the Future: Time to Get Real
Christoph Frei The global energy environment is increasing in complexity and uncertainty. We are in a much more challenging world than previously envisaged. The World Energy Council’s (WEC) analysis has
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Renewables
POWER Digest (December 2013)
First Kundankulam Unit Synchronized to Grid. The state-owned Nuclear Power Corporation of India Limited (NPCIL) on Oct. 22 synchronized to the grid the first of two units at the Kundankulam Nuclear Power