natural gas

The percentage of coal-fired generation in the U.S. electricity mix will continue to decline, the Energy Information Administration (EIA) said May 9, with gas-fired generation accounting for at least 40% of the nation’s power this summer and output from renewables continuing to rise. EIA’s latest Short-Term Energy Outlook (STEO) said coal-fired units will produce only […]

Duke Energy this week said it has a definitive agreement to sell a minority interest in part of its commercial renewable energy portfolio owned and operated by its affiliate, Duke Energy Renewables, to the John Hancock Infrastructure Fund and John Hancock Life Insurance Company. Duke in an April 24 release said the interest is valued […]

Rocky Mountain Power (RMP) on April 24 said an updated analysis of its operations suggests the company could lower costs for customers if it accelerates the retirement of four coal-fired units in Wyoming. Gary Hoogeveen, president and CEO of RMP, which is part of Pacificorp, told state and local officials the company has not made […]

The Indiana Utility Regulatory Commission (IURC) on April 24 rejected Vectren’s proposal to build an 850-MW natural gas-fired power plant to replace two coal-burning units at its A.B. Brown Generating Station, along with another coal unit at a nearby plant. The commission said it based its decision on the potential financial risk to ratepayers who they said […]

Ohio lawmakers on April 12 announced a plan to provide financial support to the state’s two nuclear power plants by adding a surcharge to customers’ electric bills. The bill’s supporters said it also would generate as much as $300 million annually for clean power generation in Ohio, though the measure calls for abolishing mandates for […]

Upper Michigan Energy Resources Corp. (UMERC) placed two new natural gas-fired generating stations into commercial operation on March 31, part of the company’s plan to reshape its generation fleet as it seeks to “balance reliability and customer cost with environmental stewardship.” UMERC, a subsidiary of WEC Energy Group, also retired the coal-fired 430-MW Presque Isle […]

A report from an independent market monitor for PJM Interconnection shows that natural gas-fired power generation topped coal-fired output in PJM in 2018, the first time that gas has topped coal in the history of the largest U.S. grid operator. The “2018 State of the Market” report from Monitoring Analytics LLC, which includes Volume 1 […]

Exports of liquefied natural gas (LNG) from the U.S. continue to rise, as the use of natural gas for power generation increases in countries such as China, South Korea, Japan, and Mexico. Data from the U.S. Department of Energy (DOE) shows that four U.S. LNG export facilities combined to ship 483 LNG cargoes in 2018, a […]

HOUSTON, March 11, 2019 — McDermott International, Inc. (NYSE: MDR) and Baker Hughes, a GE company (NYSE: BHGE) have announced today that they have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal. BP, […]

Florida Power & Light (FPL) on March 4 announced plans to build four new solar power plants this year, with each expected to come online in early 2020. The company has rapidly expanded its solar power portfolio in recent years; the four new plants will join 18 others already operating in the state. FPL also […]