“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…
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Fitch Warns of Turmoil in Mexico Power Sector if AMLO Reform Passes
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…
FERC, NERC Inquiry into February Freeze Spotlights Natural Gas Failures
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…
Move to Strengthen Mexico State Power Firm Said Step to Dismantling Energy Reform
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…
Amid Shift Away from Fossil Fuels, California Led in Electricity Imports Among Lower 48 in 2019
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…
CPS Energy Launches Next Outline for ‘Flexible Path’ through Blended Energy Approach, ‘Power BundleFlex’
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.
GE to Shutter California Gas-Fired Generation Plant
A unit of General Electric Corp. (GE) plans to close a one-of-its-kind natural gas-fired baseload generation plant in Southern California using turbine technology that has never taken hold commercially.
Energy Capital Buying Canadian Utilities NatGas, Coal Plants for C$835M
U.S.-based Energy Capital Partners (ECP) has expanded in Canada with a C$835 million ($626-million) takeover announced Monday of fossil fuel-fired power plants in Alberta, British Columbia and Ontario.
NGI The Weekly Gas Market Report
Natural Gas Key to Meeting U.S. Low Carbon Goals, Says INGAA
Natural gas and related infrastructure will play an integral role in the U.S. transition to a lower-carbon economy and remain a significant contributor to the country’s energy portfolio as well as economic growth over the next two decades, according to the Interstate Natural Gas Association of America’s (INGAA) INGAA Foundation.
U.S. NatGas-Fired Combined-Cycle Plants Found to Surpass Coal in Generating Capacity
Natural gas-fired combined-cycle (NGCC) power plants last year became the technology with the most electricity generating capacity in the United States, surpassing coal-fired plants, according to the Energy Information Administration (EIA).