Generation

The U.S. Energy Information Administration (EIA) is slashing its winter Henry Hub spot price forecast on a combination of elevated production and weak space heating demand for natural gas so far this season. EIA said in its latest Short-Term Energy Outlook (STEO) it now expects the national benchmark to average $2.80/MMBtu this winter, down 60…

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…

Vietnam’s plans to use more natural gas and renewables could prove to be challenging as power projects are already delayed and the country will need billions of dollars from foreign investors to increase domestic production and build LNG infrastructure. Vietnam has long had huge potential for gas-to-power projects, with growing energy demand, industrial activity and…

“Widespread uncertainty is impacting energy companies in Mexico on a daily basis,” David Enríquez, senior partner at the Mexico City-based law firm Goodrich, Riquelme y Asociados, told NGI’s Mexico GPI. “Some companies don’t even know if they will continue to exist in the next few months or if they’re going to have a permit to…

A proposed regulatory overhaul of Mexico’s energy sector would cause havoc for private power generators as all of their supply contracts with non-state offtakers would be cancelled, according to analysts at Fitch Ratings Inc. Through a bill sent to the lower house on Sept. 30, President Andrés Manuel López Obrador is seeking to restore the…

Natural gas-fired electric generators made up a majority of the failures identified by FERC during an inquiry into the extreme cold weather that rattled power markets in Texas and the Midwest in February. The Federal Energy Regulatory Commission, in a joint effort with the North American Electric Reliability Corp. (NERC), found freezing generator components and…

President Andrés Manuel López Obrador, reported to be recovering from the effects of the coronavirus in the National Palace, on Monday submitted a bill to congress that could change the rules of the game in the Mexican electricity market. Analysts and sector participants have said the proposed changes to grant state power company Comisión Federal…

Populous California, where officials have been pushing to move the energy mix away from natural gas and toward renewables, imported by far the most electricity of any state in the Lower 48 in 2019. The Energy Information Administration (EIA) in a research note Monday said the Golden State’s net electricity imports totaled 70.8 million MWh…

San Antonio, TX-based CPS Energy has announced a brief outline on future plans to meet its “Flexible Path” 2040 goals, which include adding 300-500 MW of natural gas capacity.