Natural gas-fired power plants are becoming increasingly efficient in the United States, according to a new analysis by the U.S. Energy Information Administration (EIA). The average utilization rate, or capacity factor, for the U.S. fleet of combined-cycle natural gas turbine (CCGT) plants has increased from 40% in 2008 to 57% in 2022, EIA noted. More…
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Natural Gas to the Rescue in Colorado Springs Following Coal Plant Shutdown
Colorado Springs Utilities (CSU) has brought online six modular natural gas-fired units totaling 162 MW to replace the shuttered 207 MW Martin Drake coal-fired power plant. In a video posted online Tuesday (May 30), CSU highlighted the gas-fired units’ “small footprint and high reliability,” along with their “low emissions and low maintenance needs…” Following a…
June 2, 2023
Ohio Slaps ‘Green’ Label on Natural Gas as ‘An Opinion Statement,’ Says Governor
Natural gas is officially labeled “green” in Ohio after Gov. Mike DeWine last month signed House Bill (HB) 507 into law, though the green stamp may not carry much legislative weight for funding or regulations, according to the governor’s office. HB 507 passed the Ohio Senate in December, with the primary goal of ensuring state…
February 1, 2023
Can Natural Gas Carry the Post-Coal Electricity Market? – Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow, which delves into Europe’s current energy crisis, the post-coal power market and what this could mean for the future of natural gas. In this episode, NGI Senior Energy Analyst Shaylon Stolk lays out the status of coal-fired power generation and the intersection…
November 16, 2022
Can Natural Gas Carry the Post-Coal Electricity Market? – Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow, which delves into Europe’s current energy crisis, the post-coal power market and what this could mean for the future of natural gas. In this episode, NGI Senior Energy Analyst Shaylon Stolk lays out the status of coal-fired power generation and the intersection…
November 9, 2022
U.S. Power Sector Consumed Less Natural Gas in 2021, but Demand Seen Rebounding This Year
Consumption of natural gas by U.S. power generators fell by 3% year/year in 2021 after four straight years of growth, the Energy Information Administration (EIA) said Monday. “High natural gas prices in 2021 made natural gas a less competitive fuel, particularly compared with coal; coal prices for electricity generators remained relatively stable in 2021,” said…
October 31, 2022
As California’s Hydro Output Slips, Regulators Call for More Power Resources
Hydroelectric generation should make up only 6% of the power load in California this year as historic drought conditions ravage the West, the U.S. Energy Information Administration (EIA) said Wednesday. In its Short-Term Energy Outlook, the EIA said hydroelectric generation in California in 2021 would be 19% lower than last year. It is seen falling…
July 7, 2021
‘Substantial Role’ Seen for Natural Gas as Extreme Drought Crippling Western Hydro Generation
With the western United States now in its second year of a widespread drought, the extraordinarily low water levels at some of the critical reservoirs are adding a layer of uncertainty to electric reliability this summer. The power generated from the West’s fleet of hydroelectric generating facilities is on pace to be much lower than…
June 26, 2021
U.S. Northeast, Eastern Canada Power Supplies Said Ample This Summer
Electricity demand in the Northeast and parts of Eastern Canada this summer is projected to be roughly in line with 2020, with adequate capacity margins and sufficient transmission capability to meet needs, according to a regional power coordinator. In its 2021 reliability assessment, the Northeast Power Coordinating Council Inc. (NPCC) said the summer peak for…
May 14, 2021
NRG Sells 4,850 MW of Natural Gas, Oil Generation, Eyes Root Cause of Texas Freeze
Princeton, NJ-based NRG Energy Inc. said it has sold 4,850 MW of natural gas and oil power plant generation in the Northeast and California for $760 million. The sale was revealed during a 4Q2020 earnings conference call in which CEO Mauricio Gutierrez also called for a systemwide root cause analysis of the electric and natural…
March 7, 2021
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