natural gas-fired generation

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…

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…

Fuel costs for generating natural gas- and coal-fired electricity surged in 2021 but should taper off in the coming years, the International Energy Agency (IEA) predicted in its latest semi-annual Electricity Market Report. “Sharp spikes in electricity prices in recent times have been causing hardship for many households and businesses around the world and risk…

Supported by a thermal power generating utility, Enbridge Inc. has launched the fifth proposal for an Alberta carbon capture and storage (CCS) hub to satisfy Canadian climate change policy that demands net-zero emissions by 2050. Enbridge recently announced a cooperation agreement for a CCS cleanup of Capital Power Corp.’s 1,200 MW Genesee site southwest of…

The California Public Utilities Commission (CPUC) on Thursday approved a series of actions to reduce the risk of power outages during extreme heat events, including possible increased natural gas-fired generation from existing plants. Following prolonged heat waves across the western United States in 2020 and 2021, the measures aim to reduce energy demand and increase…

The Texas Railroad Commission (RRC) has adopted rules designating the “critical” natural gas suppliers and customers during energy emergencies in the wake of last February’s Winter Storm Uri. RRC Chairman Wayne Christian said the commission “adopted a ‘critical designation’ rule to ensure our natural gas supply is prepared for future energy emergencies…critical facilities including more…

California Gov. Gavin Newsom on Friday signed into law Senate Bill (SB) 423 to accelerate the deployment of “firm zero-carbon resources” for electricity production. The bill was one of 24 signed Friday alongside a $15 billion spending package focused on climate and clean energy efforts, as well as wildfire and drought resiliency. SB 423 defines…

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…

The future for Houston-based NRG Energy Inc. includes natural gas and retail consumer services with less coal-fired generation, CEO Mauricio Gutierrez said recently. The integration of Direct Energy, a natural gas retailer, along with a growing integrated consumer services platform, were the major drivers for increased earnings in the second quarter, Gutierrez said during a…