power generation

U.S. Northeast, Eastern Canada Power Supplies Said Ample This Summer

U.S. Northeast, Eastern Canada Power Supplies Said Ample This Summer

Electricity demand in the Northeast and parts of Eastern Canada this summer is projected to be roughly in line with 2020, with adequate capacity margins and sufficient transmission capability to meet needs, according to a regional power coordinator. In its 2021 reliability assessment, the Northeast Power Coordinating Council Inc. (NPCC) said the summer peak for…

May 14, 2021
Corpus Christi Port Partnering with Ares on Green Hydrogen Project

Corpus Christi Port Partnering with Ares on Green Hydrogen Project

The Port of Corpus Christi, a leading U.S. oil and natural gas export hub, has unveiled plans to explore green hydrogen production at its facilities in South Texas. Under a memorandum of understanding (MOU) announced earlier this week, the Corpus Christi port is partnering with finance giant Ares Management Corp. to look into the potential…

May 13, 2021
Eliminating Ontario Natural Gas Generation to Inflict Financial Pain on Consumers, Says Energy Group

Eliminating Ontario Natural Gas Generation to Inflict Financial Pain on Consumers, Says Energy Group

Natural gas-fired power plants only cause 2.3% of Ontario carbon emissions, but eliminating them would inflict at least a C$60 billion ($48 billion) bill on consumers, according to the Canadian province’s electricity suppliers. The Ontario Energy Association (OEA), a utilities and contractors group, totaled the costs of environmental demands for swift and total greenhouse gas…

April 18, 2021
Warm April Sinks Natural Gas Forward Prices, but Bullish Momentum Seen Building

Warm April Sinks Natural Gas Forward Prices, but Bullish Momentum Seen Building

A major revision in the April weather forecast coming back from the Easter weekend took a big chunk out of natural gas forward prices for the period ending April 8. The short work week ended with the May contract down an average 10.0 cents and the balance of summer (May-October) off 7.0 cents, according to…

April 8, 2021
Avista Natural Gas Peaking Plants, RNG in Revised Resource Plans

Avista Natural Gas Peaking Plants, RNG in Revised Resource Plans

Avista Corp.’s four-state utility operations will rely more on natural gas peaking plants over the next five years in the absence of long-term energy storage, the Spokane, WA-based operator said in updated integrated resource plans (IRP). With forecasts for higher retail and residential per-customer demand versus the 2020 IRP, Avista Utilities said it would return…

April 8, 2021
New Fortress Energy Inks LNG Supply Deal with Mexico’s CFE in Baja California Sur

New Fortress Energy Inks LNG Supply Deal with Mexico’s CFE in Baja California Sur

New Fortress Energy Inc. (NFE) said Monday it has signed an agreement to supply natural gas to two power plants owned by Mexican state power utility Comisión Federal de Electricidad (CFE) in Mexico’s difficult-to-reach Baja California Sur (BCS) state. NFE will supply the equivalent of about 250,000-500,000 gallons (20,000-40,000 MMBtu)/d of liquefied natural gas (LNG)…

March 29, 2021
Mexico Giving “Stay Away” Signal to Investors, Atlantic Council Energy Group Chairman Says (Part 1)

Mexico Giving “Stay Away” Signal to Investors, Atlantic Council Energy Group Chairman Says (Part 1)

“By pausing the renewable energy auctions and pausing the oil auctions, the president has basically given a ‘stay away’ signal to foreign investment in the energy sector,” David Goldwyn, Chairman of the Atlantic Council Global Energy Center’s Energy Advisory Board, told NGI’s Mexico Gas Price Index. Recent policy decisions have “really put into question Mexico’s…

March 26, 2021
Energy Operators Eyeing Myriad Blue and Green Hydrogen Opportunities

Energy Operators Eyeing Myriad Blue and Green Hydrogen Opportunities

Anybody hear about hydrogen’s potential in the energy transition? A better question: has anyone not heard about the potential for the ancient element to upend the oil and gas complex? Hydrogen in all its myriad colors has become omnipresent in every conversation about the energy transition. Oil and gas operators of all shapes and sizes…

March 25, 2021
Mexico Power Sector Rules Now Halted on Environmental, Competition Grounds

Mexico Power Sector Rules Now Halted on Environmental, Competition Grounds

Federal judges in Mexico have now suspended the implementation of controversial new legislation in the power sector on both economic and environmental grounds.  Greenpeace Mexico on Tuesday announced it had successfully lobbied for a judicial order suspending, on a provisional basis, implementation of the new rules that were passed by Mexico’s Senate on March 3.…

March 24, 2021
Mexico Electricity Law Proposal Said Worrying Investors

Mexico Electricity Law Proposal Said Worrying Investors

“The principal concern of international companies and investors is the uncertainty that the electricity law could cause, and a lot of people are holding off on further investments while they wait to see what will happen,” Marcela Roque, Energy Director at Luxem Energía in Mexico City, told NGI’s Mexico Gas Price Index. “Many investors have…

March 12, 2021
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