Electrical Power Generation

Shell Looks at Recrafting Itself into Electricity Seller to Avoid Extinction in ‘Lower Forever’ Long-Term Oil Future

Shell Looks at Recrafting Itself into Electricity Seller to Avoid Extinction in ‘Lower Forever’ Long-Term Oil Future

“We believe, if you look into the second half of this century, maybe half of the energy system may be renewables. The bulk of it is going to be solar, with wind being in very important niche markets here and

January 24, 2018 - 3:41 pm Closing Bell Story‎, Electrical Power Generation
Source: HRW.org

New Report: Europe Has a NatGas Addiction that Doesn’t Fit 2015 Paris Goals

From Transport & Environment

A report by two respected climate scientists says the EU’s plans for natural gas as an energy source are incompatible with its commitment to the 2015 Paris climate accord. The report’s authors say Europe has just …

EPA Chief Pulls Plug on Clean Power Plan

EPA Chief Pulls Plug on Clean Power Plan

For coal the damage is already done, plants are switching to natural gas

Today U.S. Environmental Protection Agency (EPA) Administrator Scott Pruitt issued a Notice of Proposed Rulemaking (NPRM) that proposes to repeal the prior administration’s Clean Power Plan (CPP).…

San Francisco and Oakland Sue Oil Companies for Producing Fossil Fuels

San Francisco and Oakland Sue Oil Companies for Producing Fossil Fuels

“…defendants continue to engage in massive fossil fuel production. They also continue to promote fossil fuels, and have developed multi-decade future business plans based upon increased fossil fuel usage even as global warming has progressed into a severe danger zone…” 

U.S. Coal Finds Market in Europe, Gas Too

U.S. Coal Finds Market in Europe, Gas Too

U.S. responsible for 40% of the world’s new gas production by 2022: IEA

A report by the EIA indicated that coal exports—for both steam coal, used for power generation, and metallurgical coal, used for refining steel—have increased by 58% from …

Retirements of Coal, Oil Power Plants Beget Demand for Gas – Especially in Florida

Retirements of Coal, Oil Power Plants Beget Demand for Gas – Especially in Florida

Gas pipelines critical to get gas to Florida – state added 3.4 GW of gas-fired power since 2016, another 3.9 GW coming in next 6 years

The retirement of older coal and oil-fired power plants in the state has instigated …

AltaGas Reports Record EBITDA for Q1 of CAD$228 Million

AltaGas Reports Record EBITDA for Q1 of CAD$228 Million

Pending acquisition will result in combined assets of $22 billion

(EDITOR’S NOTE: Canadian dollars unless otherwise noted.)

AltaGas Ltd. (ticker: ALA) today reported that normalized EBITDA in the first quarter of 2017 increased $50 million to $228 million, compared to …

States Scrambling to Retain Baseload Power, Natural Gas Generation Also At Risk: Study

Re-Regulation, Diverse Portfolio Standards Possible Solutions

study released today found states around the country are continuing to advance innovative strategies aimed at keeping coal and nuclear power plants online in organized markets despite stiff challenges in federal court and …

Power Generators Getting a Lump of Coal this Christmas, says EIA

Power Generators Getting a Lump of Coal this Christmas, says EIA

Coal Expected to Outstrip Gas for Electricity Burn this Winter

EIA’s November Short-Term Energy Outlook (STEO) is currently predicting that the share of U.S. electricity fueled by coal will begin growing, compared to last year. The share of generation from …

Coal No Longer King for Iowa Utilities

Companies increasingly look more to lower priced wind and natural gas

From The Gazette

CEDAR RAPIDS — South of Alliant Energy’s Prairie Creek Generation Station on the city’s southwest side sits a mound of coal — enough to supply the …

Generators Sue to Block Lifeline for New York Nuclear Plants

From Power Magazine

A group of generators including Dynegy and NRG Energy filed suit in federal court on October 19 seeking to block an incentive program that would help three New York nuclear power plants remain economic over the next …

Coal-Fired Capacity Takes a Hit

From Power Magazine

The Minnesota Public Utilities Commission (MPUC) voted unanimously to support Xcel Energy’s latest long-range plan, which will transform the company’s energy fleet.

Xcel expects to more than double its renewable energy portfolio as a result, delivering greater …

October 27, 2016 - 9:02 am Closing Bell Story‎, Electrical Power Generation
FERC Approves $5.2 billion Talen Energy-Riverstone Merger

FERC Approves $5.2 billion Talen Energy-Riverstone Merger

Talen-Riverstone merger is awaiting NRC approval

The Federal Energy Regulatory Commission (FERC) issued an order approving the proposed merger of Talen Energy Corporation (ticker: TLN) with an affiliate of Riverstone Holdings LLC, a private equity firm.

FERC said that the …

Tesla Putting 100% Self-Driving System into Every New Car

Tesla Putting 100% Self-Driving System into Every New Car

LA to NYC without a single touch thanks to sonar, radar, 8 surround cameras, sensors and a “supercomputer in the car”

Electric vehicle maker Tesla announced this week that all of its vehicles currently in production are being equipped with …

Solar Generation Projects Require Abundant Acreage

Solar Generation Projects Require Abundant Acreage

18.5 Billion Solar Panels Could  Power the U.S., but …

To generate electricity from the sun, you need either to collect solar radiation and convert it with photovoltaic cells to DC power, then to AC with an inverter, or you …

DTE Energy to Acquire Southwest Marcellus/Dry Utica Gas Infrastructure in $1.3 Billion Deal

Detroit based power provider DTE Energy (ticker: DTE) announced it will purchase midstream natural gas assets in Appalachia. The combined purchase price for the assets to be acquired by DTE is $1.3 billion.

The agreement calls for DTE to purchase …

September 28, 2016 - 11:14 am Closing Bell Story‎, Electrical Power Generation, Energy News
Oil Prices Go Up after 2017:  EIA

Oil Prices Go Up after 2017: EIA

NatGas Use in Electricity Generation Soars through 2040: EIA Report

The U.S. Department of Energy’s Energy Information Agency released its newest comprehensive report today, its Annual Energy Outlook 2016. As to the agency’s projections for oil and gas prices and …

Ohio Shale Gas, Deregulation and Investors, Not Ratepayers, Fuel Gas Power Plant Building Frenzy in Coal State

Ohio Shale Gas, Deregulation and Investors, Not Ratepayers, Fuel Gas Power Plant Building Frenzy in Coal State

From the Canton Reporter

Independent electricity companies, not utilities, are behind the projects, signaling how deregulation has taken root

A power-plant building boom has hit Ohio, the first since shale natural gas changed just about everything in the state’s energy …

Duke Energy Buyout of Piedmont NatGas Foresees Greater Natural Gas Demand

From ABC News/AP

Duke Energy Corp.’s purchase of Piedmont Natural Gas Co. will create a company with the financial resources to expand the distribution of natural gas across the country as utilities shift further away from coal to the cleaner-burning …

Vermont Public Service Board Orders Strict Renewable Energy Standards Starting in 2017

Vermont Public Service Board Orders Strict Renewable Energy Standards Starting in 2017

New requirements: Vermont utilities must procure 55% of the electricity sold to customers from renewable sources in 2017, increasing to 75% in 2032

The State of Vermont is a recent example of a source of the tornadic nature of change …

California Worries: Will NatGas Use Go Up when Diablo Canyon Nuke Station Closes?

From the San Diego Union Tribune

Anti-nuclear activists have been popping Champagne corks over the news that the last remaining nuclear power plant in California, the Diablo Canyon facility outside of San Luis Obispo, is expected to shut downwithin …

Four Companies Generate Half of U.S. Renewable Energy

From SmartGrid News

Four companies account for more than half of all renewable energy sales across the U.S.: Sempra Energy, Pacific Gas & Electric (PG&E), Edison International and Xcel Energy all reported that more than 20 percent of their total …

100+ Years of Cash Dividends: DTE Energy Increases Dividend for 7th straight year; Annualized Rate Increases 5.5%

DTE Energy increases dividend for seventh straight year; annualized rate increases 5.5 percent

NatGas Shortage Could Cause Rolling Blackouts in Los Angeles this Summer, Grid Operator Warns

From MarketWatch

California regulators and utility executives are staring down a natural-gas shortage in the Los Angeles area that could trigger up to two weeks of electrical blackouts this summer.

The state’s electric grid operator warned Friday that it may …

Tesla Makes Offer for SolarCity

From The Tesla Team June 21, 2016

Tesla’s mission has always been tied to sustainability. We seek to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. And in March 2015, we launched Tesla Energy, which

Here’s Why Wind Could Replace Natural Gas

Here’s Why Wind Could Replace Natural Gas

The Accelerating Growth of Wind and Solar Energy is Being Driven by Government Climate Policies, Global Corporations Thrusting Themselves onto the Green Bandwagon, Fervent Activism Against Fossil Fuels, a Carbon Concerned Millennial Generation that is Willing to Pay More for

Gemma Power Systems Completes Two Major NatGas Power Projects

Gemma Power Systems Completes Two Major Pennsylvania Power Projects

Renewable Energy could Replace Fossil Fuels for Power Gen by 2066: an OAG360® Exclusive Interview with NREL Director Martin Keller

Renewable Energy could Replace Fossil Fuels for Power Gen by 2066: an OAG360® Exclusive Interview with NREL Director Martin Keller

If Martin Keller’s prediction comes true, in 50 years the U.S. won’t be using nearly the amount of crude oil, refined petroleum products, natural gas or coal as the legacy energy industry has been supplying for the past 100 years

The Future of Natural Gas Growth, Renewables Growth Depends on the Clean Power Plan

The Future of Natural Gas Growth, Renewables Growth Depends on the Clean Power Plan

If the CPP passes, natural gas growth will double and renewables will show much stronger growth: EIA

The extent to which renewables and natural gas continue to grow in terms of their overall percentage in the energy generation mix in …

Brazil’s CPFL Energia Buys AES Corp. Unit for $486 Million

From Reuters

CPFL Energia SA, the largest private Brazilian utility, has agreed to buy a power distributor owned by AES Corp in southern Brazil for 1.7 billion reais ($486 million), the companies announced on Thursday in securities filings.

The acquisition …