natural gas
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Gas
Dominion Resources Agrees to Acquire Questar, Adding to Its Natural Gas Portfolio
Richmond, Va.–based Dominion Resources announced on February 1 that it would add to its more than 12,000 miles of natural gas transmission, gathering, and storage pipeline, by acquiring Salt Lake City, Utah–headquartered Questar Corp. The $4.4 billion deal would pay Questar shareholders $25 per share of common stock, a 30% premium to the company’s volume-weighted […]
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Gas
Natural Gas Prices, Regulation to Reshape U.S. Generation
The near-simultaneous surge in U.S. natural gas production and recent enactment of environmental regulations will usher U.S. power supply from reliance on coal to increased usage of natural gas and renewables
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Coal
UK to Close All Coal-Fired Power Plants by 2025
In a major speech setting out the future direction of the UK’s energy policy, Energy and Climate Change Secretary Amber Rudd announced plans to restrict the use of the country’s coal-fired power stations by 2023 and close all of the facilities by 2025. “Frankly, it cannot be satisfactory for an advanced economy like the UK […]
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Legal & Regulatory
Cheap Gas Is Killing Nuclear Power, and the Outlook is Grim
Another month, another premature nuclear plant retirement. About two weeks ago, Entergy finally threw in the towel on the James A. FitzPatrick Nuclear Power Plant in Scriba, N.Y., a move that came as a surprise to exactly no one who has been paying attention to the merchant nuclear business in the U.S. the past few […]
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Gas
Propane Power Is Grabbing Growing Share of Gas-Fired Market
As liquefied natural gas (LNG) continues to draw attention in the gas market, with the first new U.S. LNG export terminal in decades coming online next year, another liquefied gas—propane—is beginning to expand its share of the mix as propane power options continue to grow. While propane-powered engines and microturbines have been around for […]
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Gas
Controlling Schedule, Quality, and Costs for New Gas-Fired Plants
Gas-fired power is hot, at least in North America, and quite a few smaller utilities and generators that have never owned a gas turbine plant have begun looking at building one. For large investor-owned companies with plenty of institutional experience in power plant construction, it may be business as usual, but for smaller firms that […]
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Legal & Regulatory
Talen Energy Sinks Its Talons into Three Power Plants, 2.5 GW of Capacity
Talen Energy Corp. announced on July 20 that it has agreed to acquire MACH Gen LLC, which owns three combined cycle, natural gas–fired power plants with more than 2.5 GW of total capacity for $1.175 billion. Talen Energy was formed on June 1 when PPL Corp. spun off its PPL Energy Supply business and combined […]
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Renewables
How the Power Sector Has Changed Since 2001
A new report from the Government Accountability Office (GAO) reveals surprising aspects about how federal subsidies for electricity have been distributed, how the power generation mix has shifted, and how consumption has transformed since 2001. The June 29–released report, “Generation Mix has Shifted, and Growth in Consumption has Slowed, Affecting System Operations and Prices,” responds […]
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Gas
World’s Largest Internal Combustion Engine Power Plant Inaugurated
With 38 tri-fuel engines and a combined capacity of 573 MW, IPP3—a plant constructed near Amman, Jordan—is now the world’s largest internal combustion engine–based power plant. The facility was inaugurated on April 29 in a ceremony attended by Jordan’s King Abdullah II Ibn Al Hussein. The plant was constructed by an engineering, procurement, and construction […]
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Renewables
EIA: Reports of Coal’s Death May Have Been Greatly Exaggerated
Electricity generation from existing coal-fired power plants will increase from 2012 levels through 2025, according to the Reference case presented in the U.S. Energy Information Administration’s Annual Energy Outlook 2015, released on April 14. In addition to the Reference case, five alternative cases—Low and High Economic Growth cases, Low and High Oil Price cases, and […]
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Coal
Wind, Natural Gas, and Solar Continue to Nudge Coal to the Curb
The U.S. Energy Information Administration (EIA) released 2015 scheduled capacity additions and retirements on Mar. 10, and the news was not good for the coal industry. As has been the trend for several years, coal-fired generation accounts for the majority of expected retirements (12.9 GW of the nearly 16 GW total). However, most of the […]
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Gas
Construction of Russia-China Pipeline Kicks Off
Gazprom on Sept. 1 made the first weld of a 4,000-km natural gas pipeline that will run from gas production centers in Russia’s Yakutia and Irkutsk gas production fields to Russia’s Far Eastern regions
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Coal
Dynegy Acquiring 12.3 GW of Generation from Duke and ECP
Dynegy Inc.—the Houston-based power company with operations in the Midwestern, Northeastern, and Western U.S.—has signed two separate agreements to acquire generation assets from Duke Energy and Energy Capital Partners (ECP). The acquisition includes a total of 12,313 MW of coal and gas generation, which will increase the company’s total portfolio to nearly 26 GW. Dynegy […]
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Coal
House Energy and Commerce Chair Outlines Energy Policy Needs for Emerging U.S. Energy Abundance
Rep. Fred Upton (R-Mich.), chairman of the House Energy and Commerce Committee, on Tuesday unveiled five pillars on which U.S. energy policy should be built and discussed how the nation should tackle climate risks and grid threats. The lawmaker told attendees at the Energy Information Administration (EIA) 2014 Energy Conference that the nation’s new era […]
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Renewables
The Word for Gas Is “Flexibility”
With the gas-fired power sector in continual flux, blessed by plentiful gas supplies but faced with uncertain fuel costs and competition from intermittent renewable generation, plant owners must make
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Gas
Conference Presenters: World Shale Gas Growth Is Aloft on Uncertain Dynamics
Presenters provided several perspectives on the emerging shale gas sector in North America and around the world at the World Shale Oil & Gas Conference & Exhibition in Houston, Texas, last week. One general takeaway is that a number of unpredictable factors could widely alter the sector’s “game-changing” outlook. Several forecasts, including the International Energy […]
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Commentary
How Anti-Fracking Activists Deny Science on Air Emissions
A common talking point among critics of hydraulic fracturing is that they somehow “own the science” on shale development. The industry is merely raising doubt about scientific studies, they claim—just enough to confuse the public and make them think there’s a legitimate debate. As the Washington Post recently characterized Gasland Part II director Josh Fox’s opinion: Fox frets […]
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Gas
Europe’s Gas Power Plant Carnage Intensifies
Europe’s Gas Power Plant Carnage Intensifies Another 1.2 GW of gas-fired generation has been idled in Germany as utilities scramble to rein losses that are pegged to falling wholesale electricity prices and a surge in renewable power generation. Norwegian power company Statkraft put into “wet reserve” the 800-MW Knapsack 1 and 417-MW Herdecke power plants, […]