natural gas-fired generation

Duke Seeking More Carolinas Natural Gas Generation on Stronger Demand Forecast 

Duke Seeking More Carolinas Natural Gas Generation on Stronger Demand Forecast 

Duke Energy Corp. is awaiting approval from regulators for updated Carolinas resource plans to increase natural gas generation, fueled in part by the Mountain Valley Pipeline LLC (MVP) system, which would transport more Appalachian supply to southeastern markets.  Charlotte, NC-based Duke last summer filed a Carbon Plan and Integrated Resources Plan (IRP) for North Carolina…

February 7, 2024
TotalEnergies Backstops Renewables Generation in Texas with Trio of Natural Gas-Fired Facilities

TotalEnergies Backstops Renewables Generation in Texas with Trio of Natural Gas-Fired Facilities

TotalEnergies SE, which has a bevy of U.S. energy assets, has agreed to pay $635 million to buy three natural gas-fired power plants in Texas to ensure customers have firm power and to bolster integrated power purchase agreements (PPA). The deal with TexGen Power LLC includes two facilities that serve the Houston area and one…

November 22, 2023
Texans Vote ‘Yes’ to Fund More Natural Gas-Fired Power Generation

Texans Vote ‘Yes’ to Fund More Natural Gas-Fired Power Generation

Texans on Tuesday cast ballots on a slate of constitutional amendments, with Proposition 7, which supplies state funds to add natural gas-fired power plants, resoundingly approved.  Proposition 7, a constitutional amendment to create the Texas Energy Fund, passed with about 65% of the popular vote. With its passage, the Public Utilities Commission of Texas (PUCT)…

November 8, 2023
U.S. Adding 8.6 GW of Natural Gas Power This Year Amid Record-Setting Demand

U.S. Adding 8.6 GW of Natural Gas Power This Year Amid Record-Setting Demand

The United States expects to add 8.6 GW of natural gas-fired capacity to its power generation fleet in 2023 as demand for the fuel breaks records. So far this year, 10 natural gas-fired power plants totaling 6.8 GW have come online, according to the U.S. Energy Information Administration (EIA). Natural gas consumption in electricity generation…

October 18, 2023
ERCOT Seeking to Bulk Up Winter Generation Capacity to Avoid Elliott-Like Shortages

ERCOT Seeking to Bulk Up Winter Generation Capacity to Avoid Elliott-Like Shortages

The Texas grid operator is looking to add 3,000 MW of generation capacity for this winter to ensure the state is prepared for energy emergency conditions. The Electric Reliability Council of Texas (ERCOT), which serves about 90% of the state, issued a request for proposal (RFP) to increase operating reserves from Dec. 1 through Feb.…

October 4, 2023
California Regulators Budget $7.3B to Retire Some Natural Gas Facilities, Add Renewables

California Regulators Budget $7.3B to Retire Some Natural Gas Facilities, Add Renewables

The California Independent System Operator (CAISO) board has set a $7.3 billion plan in motion to advance the state’s energy transition and prepare the grid.  The plan, developed in coordination with the California Public Utilities Commission (CPUC) and California Energy Commission, expects 45 transmission projects would be needed. Reliability projects could amount to $1.76 billion,…

May 31, 2023
U.S. Electric Grid Operators Said Ready for Summer,<strong> </strong>but Could Extreme Conditions Threaten Supplies?

U.S. Electric Grid Operators Said Ready for Summer, but Could Extreme Conditions Threaten Supplies?

Electric grid operators said they are ready to meet power consumption this summer except in extreme circumstances, with natural gas-fired generation comprising the lion’s share of the sources expected to handle the peak loads. The largest U.S. grid operator, PJM Interconnection, said it has more than 186,000 MW of installed generating capacity, with reserve resources…

May 18, 2023
Mitsubishi’s Americas Unit Advancing Hydrogen-Capable Natural Gas Turbines and CCUS

Mitsubishi’s Americas Unit Advancing Hydrogen-Capable Natural Gas Turbines and CCUS

Using the Biden administration’s landmark climate legislation, Mitsubishi Power Americas Inc. is working with Warwick Carbon Solutions Development Co. LP (WCS) to leverage its zero-carbon ambitions in the United States. The companies’ joint development agreement (JDA) was assisted by the Inflation Reduction Act (IRA), which was signed into law last year by President Biden.  “As…

April 19, 2023
NET Power Merger with Rice SPAC Said to Accelerate Decarbonizing Natural Gas

NET Power Merger with Rice SPAC Said to Accelerate Decarbonizing Natural Gas

NET Power LLC, whose technology is designed to reduce carbon emissions from natural gas, on Wednesday agreed to combine with Rice Acquisition Corp. II to advance solutions in a transaction worth an estimated $1.46 billion. Rice Acquisition, a special purpose acquisition company (SPAC), is focused on supply-side carbon dioxide (CO2) reductions. Once the transaction is…

December 14, 2022
Switching from Natural Gas to Coal Said More Difficult for Electric Utilities

Switching from Natural Gas to Coal Said More Difficult for Electric Utilities

A buffer against higher natural gas prices that has traditionally been available to U.S. electric utilities, gas-to-coal switching, has become less tangible as more coal-fired power plants are retired and supply chain challenges linger, according to analysts. “I do not think utilities have any options, other than to burn dry gas in their” combined cycle…

October 5, 2022
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