power generation

Energy infrastructure developer LS Power has agreed to buy an 810 MW combined-cycle natural gas facility from an affiliate of Platinum Equity to support the region’s grid stability.  The transaction, financial terms for which were not disclosed, is for the Hunterstown Combined Cycle Generating Station in Gettysburg. Hunterstown serves the PJM Interconnection electric grid market,…

If elected, Mexican presidential candidate Claudia Sheinbaum would seek to increase the country’s renewable electricity generation to as much as 50% of the national grid by the conclusion of her term in 2030, industry members familiar with the plans told NGI’s Mexico GPI. The ambitious goal for renewable energy generation would represent a dramatic shift…

Challenges to add renewables to the mix of power supply add to issues that will keep natural gas generation growing and an important part of the energy stack in 2024. “Coal and natural gas remain important to the U.S. electric grid, even as variable renewable resources such as solar and wind grow,” U.S. Energy Information…

Mexico’s natural gas system is standing firm amid bitingly cold weather in Texas that brought back memories of the 2021 winter storm that deeply impacted cross-border flows. On Friday night, Mexico power system operator Cenace declared a state of operational emergency on the national grid “due to the possibility of rationing of natural gas imported…

Spain’s Iberdrola SA has started operations at the 766 MW Topolobampo III natural gas-fired combined cycle plant in Mexico’s Sinaloa state. Iberdrola executives called the power plant a “highly efficient, digitally enabled, combined-cycle power plant, which aims to support Mexico’s renewable-rich grid and further renewable growth in the country.” The plant uses U.S. firm GE…

The U.S. power grid faces the risk of blackouts over the next 10 years because of rising peak power demand, generator retirements and questions about the reliability of renewables and natural gas delivery systems, the North American Electric Reliability Corporation (NERC) said Wednesday (Dec. 13). “Environmental regulations and energy policies that are overly rigid and…

A legal face off with the Trudeau government has been launched after Alberta Premier Danielle Smith on Monday called for provincial agencies to reject federal regulations that set a path for a net-zero electric grid by 2035. Smith, in introducing the Alberta Sovereignty within a United Canada Act, asked the province’s legislative assembly “to take…

As coal-fired power generating plants are retired in a push for utilities to reach clean energy goals, a greater reliance on natural gas for power generation could support prices over the long term, according to market analysts. Generally speaking, coal retirements are bullish for natural gas pricing, analysts said. “As coal retires, the supply of…

The U.S. Energy Information Administration (EIA) on Wednesday reported a withdrawal of 7 Bcf of natural gas from storage for the week ended Nov. 17. The draw proved steeper than expectations and sent Nymex natural gas futures higher. December Nymex futures were trading marginally flat on the day at around $2.843/MMBtu ahead of the noon…