natural gas
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Press Releases
Drillinginfo Acquires Pattern Recognition Technologies
Austin, TX (Dec. 5, 2017) — Drillinginfo, the energy industry’s leading SaaS and data analytics company, announced today it has acquired Dallas-based Pattern Recognition Technologies (PRT), a global leader in energy forecasting. This acquisition marks a significant addition to Drillinginfo’s current offerings while diversifying its solution-focused capabilities as the foremost analytics firm in the energy […]
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Press Releases
Maryland Backs Merger of Two Natural Gas Utilities
Baltimore, Maryland (Dec. 4, 2017) – Governor Larry Hogan today announced that the State of Maryland, Montgomery and Prince George’s counties, and Laborers’ International Union of North America (LIUNA), have reached a $161.1 million settlement agreement in the proposed merger of Washington Gas and Light’s parent company, WGL Holdings with AltaGas, Ltd. This settlement requires final […]
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Commentary
Rescinding Clean Power Plan a Positive Step Toward Free Market for Electricity
The Environmental Protection Agency (EPA) in early October announced it would rescind yet another signature Obama administration policy: the electricity regulation known as the Clean Power Plan (CPP). As with
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Renewables
WEC Will Close Coal-fired Plant in Wisconsin
The bell has tolled for another U.S. coal-fired power plant. WEC Energy Group on November 28 said it would shutter its Pleasant Prairie facility in Wisconsin, another victim of energy market dynamics that include low natural gas prices, falling demand for electricity, and the continuing move by utilities toward renewable power generation sources such as […]
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Renewables
EIA: Coal Plant Closures Lead to Large Emissions Drop
A U.S. Energy Information Administration (EIA) analysis of carbon dioxide (CO2) emissions in 2015 from U.S. coal consumption shows 43 states recorded lower emissions year-over-year, with just four states showing increased levels, while three states and the District of Columbia had little to no emissions. On the whole, the EIA report released in mid-November comparing […]
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Renewables
Exelon Subsidiary Files Bankruptcy; Lenders Would Take Over Four Plants
ExGen Texas Power (EGTP) Holdings LLC and ExGen Texas Power LLC, a subsidiary of Exelon Corp., on November 7 filed for Chapter 11 bankruptcy. The filing in U.S. Bankruptcy Court in Delaware is aimed at reducing the company’s debt, and four of EGTP’s five natural gas-fired power plants in Texas would be owned by lenders […]
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Renewables
IEA Says Southeast Asia Will Keep Coal Demand High
The International Energy Agency (IEA) says the need for cheap electricity in Southeast Asia will drive global demand for coal for power generation through 2040, even as many countries continue to retire coal-fired plants and cancel projects for new coal facilities. IEA, which is set to release its World Energy Outlook 2017 on November 14, […]
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Legal & Regulatory
Michigan Backs Gas Plants for Upper Peninsula
Michigan regulators on October 25 gave their support to Upper Michigan Energy Resources Corp.’s (UMERC) plan for two new natural gas-fired plants in the state’s Upper Peninsula (U.P.). The plants approved by the Michigan Public Service Commission (PSC) would be built in Baraga and Negaunee townships. The plants are designed to produce a combined 183 […]
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Renewables
FPL Halfway Through 600-MW Solar Power Expansion
Florida Power & Light (FPL), which recently sustained a blow to its nuclear expansion plans, on October 19 said it’s about halfway through an ambitious plan to add eight new solar plants in the state by early 2018, as it continues to increase its photovoltaic (PV) generation capacity as part of a larger strategy to […]
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Legal & Regulatory
NRG Stops Plan for California Gas Plant
NRG Energy has stopped development of a proposed natural gas plant in Oxnard, California, after two state regulators earlier this month recommended the California Energy Commission (CEC) reject the project. NRG on October 16 asked the CEC to suspend its review of the plans for the Puente Power Project, or P3, a proposed $300 million, […]
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