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Gas Power's Boom Sparks a Turbine Supply Crunch
Gas power is experiencing a stunning resurgence, driven by soaring electricity demand. But as utilities scramble to secure new capacity, a turbine supply crunch is unfolding, forcing urgent procurement |
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LS Power Adding Gas-Fired Capacity as Part of PJM Initiative
LS Power, a development, investment, and operating company focused on the North American power and energy infrastructure sector, on March 14 announced it has applied to build about 700 MW of new generation supply as part of PJM's Reliability Resource Initiative (RRI), which is designed to expedite connecting shovel-ready, high-reliability projects to the grid. |
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Trump's EPA Set to Undo Limits on Power Plant Emissions
The Trump administration has announced several regulatory rollbacks designed to curb limits on power plant emissions, along with cutting protections for air and water quality. Environmental Protection Agency (EPA) Administrator… |
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What We’re Watching |
U.S. natural gas consumption set new winter and summer monthly records in 2024
In 2024, U.S. natural gas consumption averaged a record 90.3 billion cubic feet per day (Bcf/d) and set new winter and summer monthly records in January and July, according to data in our Natural Gas Monthly. Overall, U.S. consumption last year increased 1% (0.9 Bcf/d) from 2023. In January, natural gas consumption was up 12% (12.5 Bcf/d) compared with January 2023 consumption, and in July, consumption increased by 3% (2.5 Bcf/d) compared with July 2023. Weather has a significant effect on natural gas consumption patterns. Natural gas…
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Growth in global energy demand surged in 2024 to almost twice its recent average
Global energy demand grew at a faster-than-average pace in 2024 as the consumption of electricity rose around the world – with increased supply of renewables and natural gas covering the majority of additional energy needs, according to a new IEA report. The latest edition of the IEA’s Global Energy Review…
Read more by clicking here. |
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