Natural gas-fired power plants are becoming increasingly efficient in the United States, according to a new analysis by the U.S. Energy Information Administration (EIA). The average utilization rate, or capacity factor, for the U.S. fleet of combined-cycle natural gas turbine (CCGT) plants has increased from 40% in 2008 to 57% in 2022, EIA noted. More…
Tag / Power Plant
SubscribePower Plant
Articles from Power Plant
Unlocking Efficient, Less Costly CCS Technology for Natural Gas Sector Moving Closer, Say MIT Researchers
Several carbon capture and storage (CCS) projects are in the works across North America, and researchers may have found a novel way to make them more energy efficient. Researchers from Massachusetts Institute of Technology (MIT) recently highlighted how a hidden function of electrodes can attract carbon dioxide (CO2) emissions, which then could be converted, allowing…
Nevada Adding First Natural Gas-Fired Peaking Capacity in 15 Years
NV Energy Inc. has been given the green light by the Public Utilities Commission of Nevada (PUCN) to add natural gas-fired peaking capacity as energy conditions run tighter across the region, with the potential the plant is fueled by a hydrogen blend in the future. The project to add two natural gas-fired turbines, expected to…
CPV Proposes 1,800 MW Natural Gas Project Using CCS in West Virginia
Competitive Power Venture Inc. (CPV) has proposed a 1,800 MW combined-cycle natural gas power plant in West Virginia that could be the state’s first to utilize carbon capture and storage (CCS) infrastructure. CPV announced the potential $3 billion investment in Charleston, WV, earlier this month alongside Sen. Joe Manchin (D-WV). Maryland-based CPV also disclosed the…
BKV Looking to Expand Further after $430M Texas Natural Gas Power Plant Deal
Natural gas exploration & production (E&P) company Banpu Kalnin Ventures Corp. (BKV) made a splash earlier this month with an announced deal to acquire a natural gas power plant in Temple, TX, for $430 million. With independent E&Ps largely focused on the upstream, value chain integration has chiefly been the territory of majors and supermajors.…
COLUMN: Natural Gas Makes it to Baja California Sur, a Lesson for Underserved Mexican States
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico’s natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Baja California is a very long peninsula, but in economic terms, especially on its southern end, the flow of goods and services…
NorthWestern Energy Planning 175 MW Natural Gas Power Plant in Montana
NorthWestern Energy said this week it would build a 175 MW natural gas power plant in Montana. The $250 million project is part of a larger plan to add 325 MW of power capacity to address increasing energy needs in its home state. The other components of NorthWestern’s plan include a 50 MW battery storage…
California Extends Life for Four Coastal Natural Gas-Fired Plants
California regulators on Tuesday extended the life of four coastal natural gas-fired power plants slated for retirement this year. The plants had been scheduled to be closed as part of a decade-old effort to eliminate sea water-cooled plants. The California Water Resources Control Board action occurred after a series of rolling blackouts to manage the…
Covid-19 Mitigation Delayed Some Natural Gas Power Plant Construction, Says EIA
Data from the U.S. Energy Information Administration (EIA) for March and April showed that coronavirus mitigation efforts prompted more delays than average in the commercial operation dates of proposed electric generator projects, including natural gas combustion turbine and natural gas combined-cycle plants. The EIA’s Preliminary Monthly Electric Generator Inventory found that 31 natural gas combustion…
Another Ohio Natural Gas-Fired Power Plant Canceled; Nuclear Subsidies Blamed
Clean Energy Future LLC has stopped efforts to build a third natural gas-fired power plant in Northeast Ohio, blaming the decision on nuclear power subsidies the state will provide to bankrupt subsidiaries of FirstEnergy Corp.