Utility developers planning combined-cycle gas turbine (CCGT) projects in the Marcellus and Utica shales are looking for a “power price appreciation” from excess natural gas, not growing demand, to ensure a fair return on their investments, according to an analysis by Tudor, Pickering, Holt & Co. Inc. (TPH).
Peakers
Articles from Peakers
Piedmont Plans New Line to Serve Duke Peakers
Piedmont Natural Gas is planning to build a new pipeline to deliver gas supplies to Duke Power’s Mill Creek gas turbine electric generation facility, which is scheduled to go into service by June 2003. The peaking plant will use eight simple cycle turbines to generate 640 MW of power. It will be located in Cherokee County, SC.
Peakers Run Afoul of Environmentalists
Reflecting the uncertainty of the regulatory process andextremely tight time frames, San Jose, CA-based Calpine Corp.Monday dropped plans for three of five temporary natural gas-firedpeaking power generation plants it had proposed as a stopgapmeasure to meet expected power shortages next summer.