power generation

IEA Sees U.S. Carbon Emissions Rebounding After Historic Plunge

IEA Sees U.S. Carbon Emissions Rebounding After Historic Plunge

Carbon dioxide emissions in the United States plunged 10% in 2020 as stay-at-home orders and the economic slump driven by the Covid-19 pandemic took a toll on energy demand. According to a new report by the International Energy Agency, annual carbon dioxide (CO2) emissions fell by almost 500 million metric tons in 2020, accelerating a…

March 3, 2021
Texas Electricity Suppliers Face Bankruptcy, Lawsuit Stemming from Freeze

Texas Electricity Suppliers Face Bankruptcy, Lawsuit Stemming from Freeze

The impacts of a historic cold snap on the Texas electricity market continued to reverberate on Monday, as one electric power supplier filed for bankruptcy and another was sued by the state attorney general in connection with the crisis. Waco, TX-based Brazos Electric Power Cooperative Inc. said Monday it has filed for Chapter 11 bankruptcy…

March 1, 2021
Xcel says Colorado Decarbonization Plan to Exceed State Requirements

Xcel says Colorado Decarbonization Plan to Exceed State Requirements

Minneapolis-based Xcel Energy Inc. said its Colorado utility’s alternative energy plan should provide customers with an estimated 85% reduction in carbon dioxide (CO2) emissions by 2030 from 2005 levels, which is more reductions than required by state law. Under the plan, Xcel’s 1.4 million customers in Colorado would see renewable energy and battery storage options…

March 1, 2021
Avista CEO Touts Natural Gas, Cites Concerns About Electrification Push

Avista CEO Touts Natural Gas, Cites Concerns About Electrification Push

Coming off better-than-expected earnings in the Pacific Northwest and Alaska, Avista Corp. executives indicated Wednesday they are undeterred by current electrification trends, reaffirming that the utility arm remains all-in for natural gas. CEO Dennis Vermillion said he thinks the climate change mitigation push to minimize greenhouse gas emissions needs a “holistic approach” that would take…

February 27, 2021
Mexico Lower Houses Passes Power Sector Bill Favoring State-Owned CFE

Mexico Lower Houses Passes Power Sector Bill Favoring State-Owned CFE

Mexico’s lower congressional house in the wee hours of Wednesday morning approved a controversial bill that would upend the rules governing the electric power sector, giving generation assets owned by state-owned Comisión Federal de Electricidad (CFE) priority in the dispatch order over private sector generators. The chamber approved the bill to modify Mexico’s bedrock electricity…

February 24, 2021
Natural Gas Played Starring Role in Texas Energy Crisis, Analysts Find

Natural Gas Played Starring Role in Texas Energy Crisis, Analysts Find

Although numerous factors contributed to the polar vortex-induced energy crisis in Texas, the central role of natural gas — or lack thereof — was becoming increasingly clear Friday as temperatures began to rise and power was restored. The unprecedented cold snap drove Texas power demand to new winter peak records rivalling peak demand figures in…

February 19, 2021
‘ERCOT Failed Texas,’ says Abbott, Vowing to Reform Grid Operator Following Cold Weather Debacle

‘ERCOT Failed Texas,’ says Abbott, Vowing to Reform Grid Operator Following Cold Weather Debacle

Texas Gov. Greg Abbott blasted the Electric Reliability Council of Texas (ERCOT) on Thursday, saying the independent system operator “failed the people of Texas” during an extended cold snap this week. Some 325,000 customers remained without power as of an afternoon press briefing in which Abbott pledged to reform ERCOT to prevent a repeat of…

February 18, 2021
No Easy Answers as Texas Power Grid, Natural Gas Market Rocked by Unprecedented Cold Snap

No Easy Answers as Texas Power Grid, Natural Gas Market Rocked by Unprecedented Cold Snap

Rotating power outages continued to impact Texas end-users on Tuesday as the Electric Reliability Council of Texas (ERCOT) scrambled to restore service amid a blast of arctic cold that sent the electric grid and natural gas markets into chaos. About 10,500 MW of customer load, equal to the demand of about 2 million homes, was…

February 16, 2021
Power Outages Hit Mexico as U.S. Natural Gas Prices Reach Historic Highs

Power Outages Hit Mexico as U.S. Natural Gas Prices Reach Historic Highs

Unprecedented cold weather across the United States continued to disrupt energy markets on both sides of the border Tuesday as power outages hit Mexico for a second straight day. Mexico’s electric power operator Centro Nacional de Control de Energía (Cenace) said 2,200 MW of power was still offline in the northern states of Chihuahua, Coahuila,…

February 16, 2021
Mexico’s Midterm Elections in June Said Vital for Energy Industry

Mexico’s Midterm Elections in June Said Vital for Energy Industry

Mexico’s mid-term federal elections in June will be fundamental in determining the direction of the energy industry in the upcoming years, according to a top energy lawyer in Mexico City. Thompson & Knight LLP’s Claudio Rodríguez-Galán, who heads the Mexico City offices for the law firm, recently discussed the upcoming elections with NGI’s Mexico Gas…

February 12, 2021
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