natural gas

A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. Ember, a think tank headquartered in London, in its “Global Electricity Review 2024” released May 8 wrote that the numbers show a goal to triple […]

An executive with the TC Energy, a group that is among the largest operators of natural gas pipelines in North America, said electricity demand from energy-intensive data centers will support an increased need for the fuel in the coming years. Stanley Chapman, executive vice president and COO of Calgary, Alberta-based TC Energy, in a May […]

California utility Pacific Gas & Electric (PG&E) said the company is nearing a deal to sell power generation assets to KKR, a New York City-based global investment firm that has holdings in several business sectors, including energy and infrastructure. PG&E has been seeking money to pay for wildfire mitigation work across its service territory, and […]

Mitsubishi Power, a division of Mitsubishi Heavy Industries (MHI), announced the company has received an order for gas turbine combined cycle (GTCC) power generation system equipment for Lamma Power Station’s Unit 13. The unit will be built in Hong Kong by The Hongkong Electric Co., Ltd., known as HK Electric. The new turbine has an […]

A coal-fired power plant in South Korea will use equipment from GE Vernova’s Gas Power business as the facility switches to burn natural gas as soon as 2027. GE Vernova on April 8 said it would supply a 7HA.02 gas turbine and a H65 generator for Korea Western Power Co.’s (KOWEPO’s) power station in Gongju-si, […]

Two German energy companies said they shut down seven coal-fired power plants over the Easter holiday weekend, taking more than 3,000 MW of generation capacity offline for decommissioning. The German government, which already has called for an end to coal-fired power generation in that country, had allowed the units to continue operating through the winter […]

A significant disconnect between political rhetoric and the practical realities of energy production is posing an insidious hurdle for the future of power, former Sen. Mary Landrieu (D-Louisiana) has warned. Speaking candidly to POWER during CERAweek by S&P Global in Houston on March 21, the influential three-term Democrat (1997–2015) who chaired the U.S. Senate Energy […]

CPS Energy will acquire Talen Energy’s 1.7-GW portfolio—comprising three natural gas–fired power plants—in the Texas market for $785 million. The nation’s largest municipally owned power entity on March 27 said it reached an agreement with competitive generator Talen Energy for the acquisition. The transaction is expected to close in the second quarter of 2024, “subject […]

The winter heating season, which is often defined as November through March in the U.S., is coming to an end with natural gas inventories 37% above the five-year average, according to the U.S. Energy Information Administration (EIA). Reduced consumption in the residential and commercial sectors this winter has been blamed for the high natural gas […]

Officials in the UK said the country will need to build new natural gas-fired power plants beyond 2030 in order to ensure a reliable supply of energy and avoid blackouts. Energy Security Secretary Claire Coutinho on March 12 said gas-fired units able to provide baseload power generation will be needed as a backup to renewable […]