power generation

EIA Sees ‘Reduced Need’ for Electricity from Natural Gas, Coal

EIA Sees ‘Reduced Need’ for Electricity from Natural Gas, Coal

Renewables such as solar and wind are expected to command a greater share of U.S. electricity generation at the expense of fossil fuel-fired power plants over the next two years, the Energy Information Administration (EIA) said. “Our forecast of growth in renewable electricity generation over the next two years leads to our forecast of a…

January 25, 2022
IEA Predicts Lackluster Growth for Natural Gas-fired Power Generation

IEA Predicts Lackluster Growth for Natural Gas-fired Power Generation

Fuel costs for generating natural gas- and coal-fired electricity surged in 2021 but should taper off in the coming years, the International Energy Agency (IEA) predicted in its latest semi-annual Electricity Market Report. “Sharp spikes in electricity prices in recent times have been causing hardship for many households and businesses around the world and risk…

January 19, 2022
Volatile Natural Gas Market Led to Coal Generation Growth in 2021, Say Researchers

Volatile Natural Gas Market Led to Coal Generation Growth in 2021, Say Researchers

A new report from Rhodium Group suggested that the United States may have to play catch-up to regain progress in the fight against climate change following a year of volatile natural gas prices that led to more reliance on less expensive coal increased greenhouse gas emissions in 2021. In its report published on Monday, researchers…

January 13, 2022
Eastern Interconnection Power Grid Said ‘Being Challenged in New Ways’

Eastern Interconnection Power Grid Said ‘Being Challenged in New Ways’

Electric transmission planners with the Eastern Interconnection, a major power grid serving two-thirds of the United States and Canada, recently gave a favorable review in their assessment of how well regional plans mesh to maintain systemwide reliability.  However, the planners, known as the Eastern Interconnection Planning Collaborative (EIPC), added a cautionary note. EIPC’s Zach Smith,…

January 3, 2022
TransAlta Completes Canada Switch to Natural Gas Generation from Coal

TransAlta Completes Canada Switch to Natural Gas Generation from Coal

Calgary-based TransAlta Corp., a mainstay of investor-owned power generation, on Wednesday ended 65 years of burning coal in its Canadian thermal plants by completing a fuel switch to natural gas for its Alberta network. The company announced its 463 MW Keephills Unit 3, west of Edmonton near Wabamun, finished the historic change. The firm is…

January 3, 2022
Eastern Generation Scuttles Natural Gas Plans as New York City Advances Energy Transition

Eastern Generation Scuttles Natural Gas Plans as New York City Advances Energy Transition

Eastern Generation LLC, which accounts for nearly 18% of New York City’s power generation capacity, is withdrawing its application to regulators to repower the Gowanus Generating Station with gas turbines. Instead, the company plans to install 350 MW of energy storage solutions. “Eastern Generation is well positioned to assist in the transition to a carbon…

December 30, 2021
Texas Power Grid Said Ready for Winter Ahead of State’s First Freeze

Texas Power Grid Said Ready for Winter Ahead of State’s First Freeze

The Texas power grid is “winterized and ready to provide power,” the state’s grid operator said Thursday ahead of the state’s first expected freeze. The Electric Reliability Council of Texas (ERCOT) said it completed on-site inspections of mandatory winterization efforts, with results showing the independently owned electric generation fleet and electric transmission companies that serve…

December 30, 2021
PJM Sees Ongoing Role for Natural Gas Amid Energy Transition

PJM Sees Ongoing Role for Natural Gas Amid Energy Transition

North America’s largest power grid and its stakeholders need to ensure “adequate” electricity supply from thermal power plants, which include natural gas- and coal-fired units, until a substitute is deployed at scale, according to initial results of a study by grid operator PJM Interconnection. “As the generation mix continues to rapidly evolve in PJM, we…

December 27, 2021
Duke’s Proposed Rate Hike in Florida Designed to Offset Natural Gas Price Volatility

Duke’s Proposed Rate Hike in Florida Designed to Offset Natural Gas Price Volatility

Duke Energy Florida earlier this month proposed an electricity rate hike to mitigate the impact of volatile natural gas prices. The “fuel adjustment” would be tacked onto residential, commercial and industrial power bills from March through at least February 2023, the Duke Energy Corp. subsidiary said. The measure would translate to a $6.62 increase in…

December 27, 2021
Renewables Gain Share, but Natural Gas to Retain Top Spot for Electricity Generation in 2022, EIA Says

Renewables Gain Share, but Natural Gas to Retain Top Spot for Electricity Generation in 2022, EIA Says

U.S. electricity generation from renewable energy – chiefly wind and solar – is expected to increase substantially in 2022 after a jump this year, though it would still trail natural gas by a wide margin, federal researchers said in a report. The U.S. Energy Information Administration (EIA) said it expected renewable generation to increase 7%…

December 23, 2021