power generation

300 MW Net-Zero Natural Gas Power Plant Planned for Permian Basin

300 MW Net-Zero Natural Gas Power Plant Planned for Permian Basin

With a pilot project validating an innovative system to produce electricity from natural gas while generating near-zero emissions, NET Power LLC is leading a consortium to construct a 300 MW carbon-free generator in the Permian Basin. NET Power advanced the West Texas project following success with its supercritical carbon dioxide (CO2) demonstration plant in 2018.…

November 17, 2022
LNG Seen as Baseload Option in Latin American Energy Transition Push

LNG Seen as Baseload Option in Latin American Energy Transition Push

A number of Latin American nations are increasingly importing LNG as a baseload energy security option as they work to lower greenhouse gas emissions and hit net-zero targets. “If you look at a country like Chile,” said Bryan Murphy, managing director of infrastructure outfit Glenfarne Energy Transition LLC (GET), “there has been no baseload thermal…

November 8, 2022
U.S. Power Sector Consumed Less Natural Gas in 2021, but Demand Seen Rebounding This Year

U.S. Power Sector Consumed Less Natural Gas in 2021, but Demand Seen Rebounding This Year

Consumption of natural gas by U.S. power generators fell by 3% year/year in 2021 after four straight years of growth, the Energy Information Administration (EIA) said Monday. “High natural gas prices in 2021 made natural gas a less competitive fuel, particularly compared with coal; coal prices for electricity generators remained relatively stable in 2021,” said…

October 31, 2022
Upping Lower 48 Natural Gas Output Said Option to Relieve Electric Utility Coal Woes

Upping Lower 48 Natural Gas Output Said Option to Relieve Electric Utility Coal Woes

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 7, 2022
California Turned to Natural Gas as September Heat Wave Strained Grid

California Turned to Natural Gas as September Heat Wave Strained Grid

California leaned more heavily on natural gas-fired electricity during the extreme heat wave that blanketed the state earlier this month, according to the Energy Information Administration (EIA). Grid operator CAISO (aka California Independent System Operator) had to urge customers to cut back on electricity use during an extended stretch of sweltering temperatures in early September…

September 23, 2022
What Does California’s Energy Meltdown Say About the U.S. Power Market? – Listen Now to NGI’s Hub & Flow

What Does California’s Energy Meltdown Say About the U.S. Power Market? – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, which delves into California’s energy shortages, brought about by extreme weather and drought, and how those issues are playing out in the transition to a net-zero carbon future. In the podcast, NGI’s Shaylon Stolk, senior energy analyst, discusses the underlying issues that…

September 19, 2022
What Does California’s Energy Meltdown Say About the U.S. Power Market? – Listen Now to NGI’s Hub & Flow

What Does California’s Energy Meltdown Say About the U.S. Power Market? – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow, which delves into California’s energy shortages, brought about by extreme weather and drought, and how those issues are playing out in the transition to a net-zero carbon future. In the podcast, NGI’s Shaylon Stolk, senior energy analyst, discusses the underlying issues that…

September 16, 2022
California’s Last Nuclear Plant, Diablo Canyon, Gaining Longer Life – with Newsom’s Blessing

California’s Last Nuclear Plant, Diablo Canyon, Gaining Longer Life – with Newsom’s Blessing

California’s final legislative session finished late Wednesday, passing to Gov. Gavin Newsom a bill to give the state’s last nuclear plant, Diablo Canyon Power Plant (DCPP), a new lease on life by extending the retirement date by several years.  Newsom said late Wednesday the DCPP’s continued operations were “critical” in “making sure we have energy…

September 1, 2022
European Power Prices Skyrocket as Natural Gas Supply Fears Keep Driving Records

European Power Prices Skyrocket as Natural Gas Supply Fears Keep Driving Records

The cost of electricity has surged to record highs across Europe, following a meteoric rise in natural gas prices that could pave the way for painfully high consumer rates across the continent through the winter and well beyond. Electricity futures across much of the continent jumped above 600 euros/MWh last week, an exponential gain from…

August 26, 2022
Pennsylvania Court Briefly Pulls Plug on Power Plant Emissions Trading

Pennsylvania Court Briefly Pulls Plug on Power Plant Emissions Trading

Foes of a new Pennsylvania Department of Environmental Protection (DEP) power plant carbon dioxide (CO2) emissions regulation won a court victory earlier this month suspending implementation. Regulators, however, are seeking to have the injunction overturned. DEP and the state’s Environmental Quality Board (EQB) filed an appeal with the Pennsylvania Supreme Court this week after the…

July 14, 2022
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