Power Generation

Georgia Power Foundation invests $1 million to support state in COVID-19 recovery

Georgia Power Foundation invests $1 million to support state in COVID-19 recovery

ATLANTAMarch 19, 2020 /PRNewswire/ — The Georgia Power Foundation, Inc. is investing $1 million in 2020 to support the state of Georgia in addressing the unprecedented impacts of the COVID-19 pandemic

March 19, 2020 - 3:21 pm ESG, Power Generation, Press Releases
SGCC Completes 49 Percent Equity Acquisition of OETC

SGCC Completes 49 Percent Equity Acquisition of OETC

MUSCAT, OmanMarch 16, 2020 /PRNewswire/ — State Grid Corporation of China (SGCC) has completed the 49% equity acquisition of Oman Electricity Transmission Company OETC together with seller Nama Group on March 11 in Muscat, Oman.

Power and new and renewable energy minister Raj Kumar Singh said it is his ambition to set up a regional power grid that includes Myanmar, Bhutan, Bangladesh, Nepal and Sri Lanka. (Photo: Pradeep Gaur/Mint)

In push for neighborhood-first policy, India plans a common electricity market

LiveMint


The Union government plans to set up a regional grid that will be leveraged to create a common electricity market for nations in India’s neighborhood, said power and new and renewable energy minister Raj Kumar Singh.

The proposed market,

EIA expands data on capacity and usage of power plants, electricity storage systems

EIA expands data on capacity and usage of power plants, electricity storage systems

EIA


Oil & Gas 360 Publishers Note: Interesting information from the EIA on power plants and electricity storage. The storage will be a huge market in the next several years, and investors should watch this portion of the energy sector. 

TransAlta Renewables Reports Fourth Quarter and Full Year 2019 Results, Declares Dividends and Provides Outlook for 2020

TransAlta Renewables Reports Fourth Quarter and Full Year 2019 Results, Declares Dividends and Provides Outlook for 2020

TransAlta Renewables Inc. (“TransAlta Renewables” or the “Company”) (TSX: RNW) announced today solid financial results which were at the upper-end of its guidance for the three months and year ended December 31, 2019, along with its 2020 outlook.

Source: Houston Chronicle

CenterPoint earnings double as interim CEO says he has no plans to step down

Houston Chronicle


CenterPoint Energy reported that a growing number of new customers, favorable weather and better cost management helped the company more than double its earnings last year.

“I am very pleased with our 2019 results,” said John W. Somerhalder …

February 28, 2020 - 3:30 pm Closing Bell Story‎, Energy News, Power Generation
Source: Houston Chronicle

NRG earnings recharged in 2019 as CEO hints at going private

Houston Chronicle


NRG Energy, one of the state’s biggest power generators and power retailers, said it strengthened its balance sheet last year, reduced its debt and is on the path to an investment grade rating.

“The company has never been …

February 27, 2020 - 2:00 pm Closing Bell Story‎, Energy News, Power Generation
Wind has surpassed hydro as most-used renewable electricity generation source in U.S.

Wind has surpassed hydro as most-used renewable electricity generation source in U.S.

EIA


Oil & Gas Publishers Note: Interesting news from the EIA regarding wind surpassing hydroelectric, but is this a time to celebrate? We are looking at the statistics on renewable energy and the CO2 impact to the environment. The impact

Construction of the Salt Tanks which provide efficient thermal energy storage[80] so that electricity can be generated after the sun goes down, and output can be scheduled to meet demand.[81] The 280 MW Solana Generating Station is designed to provide six hours of storage. This allows the plant to generate about 38% of its rated capacity over the course of a year.[82]

WoodMac: Energy storage to accelerate global energy transition in 2020s

BIC Magazine


Finn-Foley said: “The energy storage industry is in the enviable position of juggling growth gamechangers from multiple directions. Plunging costs drove speculation in the first scaled markets but as price declines enter a steadier rate, further recognition of

East Bend Station is a 648 megawatt, single turbine plant located near Rabbit Hash in Boone County, Ky.

Northern Kentucky’s electric, gas, water and digital pipelines are ample, sustainable and affordable

The Lane Report


Northern Kentucky’s two major electrical energy suppliers, Owen Electric and Duke Energy, continue to be at the forefront of the movement to clean, renewable energy, with a couple of new or expanding programs.

Cooperatives, of which Owen …

Capital Power reports excellent fourth quarter and year-end 2019 results

Capital Power reports excellent fourth quarter and year-end 2019 results

Excellent year highlighted by record cash flow generation

EDMONTON, Alberta, Feb. 24, 2020 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) today released financial results for the quarter ended December 31, 2019.

 Fourth Quarter and Annual Highlights

  • Completed the 202-megawatt
Rep. Bob Latta tours the AEP energy storage system in Bluffton on Wednesday morning. Latta serves on the U.S. House Committee on Energy and Commerce, specifically on the Energy Subcommittee, where he is focused a number of issues including how we can better work toward energy independence.

Congressman Latta visits Bluffton’s AEP grid battery system

Lima Ohio


BLUFFTON — Congressman Bob Latta said Tuesday while touring an AEP storage system in Bluffton that energy storage technologies have the potential to increase the viability of renewable energy sources.

“It’s about looking at nuclear energy, clean coal …

Ameren Corporation Directors Declare Quarterly Dividend

Ameren Corporation Directors Declare Quarterly Dividend

Ameren Corporation Directors Declare Quarterly Dividend

Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto/Duke Energy) (PRNewsfoto/Duke Energy)

Duke Energy reports fourth-quarter and year-end 2019 financial results

Duke Energy reports fourth-quarter and year-end 2019 financial results

The climate and equity dilemma: Bending the coal curve in South and Southeast Asia

The climate and equity dilemma: Bending the coal curve in South and Southeast Asia

Atlantic Council


Growth in energy demand and electrification

South and Southeast Asia are leading the world in terms of developing countries’ energy growth, with primary energy growth of over 5 percent per annum—India, Bangladesh, and Pakistan are leading the …

Sen. Elizabeth Warren, Joe Biden, and Sen. Bernie Sanders participate in the Democratic debate in Manchester, New Hampshire, on February 7, 2020. Joe Raedle/Getty Images

Democratic candidates want to use trade to make other countries act on climate change

VOX


Oil & Gas 360 Publisher’s Note: We as a combined community of humans need to work together to provide a path to lower emissions with the right balance of natural gas, oil, nuclear, wind, solar, and geothermal. It also

CenterPoint Energy to Sell Miller Pipeline and Minnesota Limited to PowerTeam Services

CenterPoint Energy to Sell Miller Pipeline and Minnesota Limited to PowerTeam Services

CenterPoint Energy to Sell Miller Pipeline and Minnesota Limited to PowerTeam Services

he new Sky Global Power One power plant west of Houston in Rock Island uses new technology from General Electric that stacks together natural gas-fired generation sets. The project includes six of GE's "J920

Fight to stop gas-powered generation plant may be futile

The Middletown Press



“ISO-New England estimates that some 7,000 megawatts of electricity from higher-polluting coal- and oil-fired plants will be retired in the near future – creating a need for [NTE’s] cleaner, more efficient power,” Eves said. “To halt the

EIA’s Annual Energy Outlook 2020 projects consumption growing more slowly than production

EIA’s Annual Energy Outlook 2020 projects consumption growing more slowly than production

EIA


The AEO2020 Reference case projects domestic energy demand to grow 0.3% per year on average through 2050, slower than the average annual growth of 1.9% in U.S. gross domestic product. This projection is largely driven by continued increases in

Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto/Duke Energy) (PRNewsfoto/Duke Energy)

Duke Energy Florida announces 2 new solar power plants, 2 others completed

Duke Energy Florida announces 2 new solar power plants, 2 others completed

The NY Public Service Commision's decision fails to protect ratepayers and does not comply with the CLCPA. New York State is on a clear and legally-binding path to quickly transition to a fossil-fuel-free future that the PSC and state-licensed utilities cannot be permitted to ignore. - Getty Images

NY Public Service Commission undermines CLCPA by approving CONED proposal that increases investment in fossil fuels and hikes customer rates

 Earth Justice


The Pace Energy and Climate Center (Pace), represented by Earthjustice, is disappointed that the NY Public Service Commission declined to comply with the State’s Climate Leadership and Community Protection Act (CLCPA) and to step away from …

UK financing fossil fuel projects overseas ’emitting 69m tonnes of emissions’

UK financing fossil fuel projects overseas ’emitting 69m tonnes of emissions’

Energy Live News


The projects are backed by UK Export Finance – a government agency in the Department for International Trade – that provides loans and financial guarantees to UK companies involved in major projects around the world

UK financing fossil fuel projects overseas ’emitting 69m tonnes of emissions - Tweet - oilandgas360

A government …

Georgia Power reminds customers to be vigilant, follow simple tips to avoid common scams

Georgia Power reminds customers to be vigilant, follow simple tips to avoid common scams

Georgia Power reminds customers to be vigilant, follow simple tips to avoid common scams

January 25, 2020 - 5:25 pm Power Generation, Press Releases

AutoGrid and Schneider Electric Announce a Fully Integrated ADMS and DERMS Solution to Digitize the Electric Grid of the Future

AutoGrid and Schneider Electric Announce a Fully Integrated ADMS and DERMS Solution to Digitize the Electric Grid of the Future

EIA projects less than a quarter of the world’s electricity generated from coal by 2050

EIA projects less than a quarter of the world’s electricity generated from coal by 2050

EIA


By 2050, coal-fired generation comprises only 5% of the region’s generation mix.

EIA World net electricity by fuel, IEO 2019 Reference case - oilandgas360

According to the U.S. Energy Information Administration’s (EIA) International Energy Outlook 2019 (IEO2019), global electric power generation from renewable sources will increase more than 20% throughout the …

Largest CCA Renewable Project Comes Online

Largest CCA Renewable Project Comes Online

Largest CCA Renewable Project Comes Online

Saudi Arabia joins club of Middle East’s ‘green energy’ leaders

Saudi Arabia joins club of Middle East’s ‘green energy’ leaders

Arab News


 

Key Points: Government plans to invest up to $50bn in renewable energy projects by 2023 – Demand for electricity in the Kingdom is forecast to rise by up to 120 GW by 2030

Saudi Arabia joins club of Middle East’s ‘green energy’ leaders - oilangas360

ABU DHABI: Saudi Arabia …

EIA expects U.S. energy-related CO2 emissions to decrease annually through 2021

EIA expects U.S. energy-related CO2 emissions to decrease annually through 2021

EIA


Coal-fired generation alone has fallen from 28% in 2018 to 24% in 2019 and will fall further to 21% in 2020 and 2021. The natural gas-fired generation share rises from 37% in 2019 to 38% in 2020, but it

How corporations big and small are betting on renewable solutions to combat climate change

How corporations big and small are betting on renewable solutions to combat climate change

How corporations big and small are betting on renewable solutions to combat climate change

One of Europe’s most modern gas-fired power plants: Coastal power plant in Kiel (Copyright: Stadtwerke Kiel AG)

Germany Launches One of Europe’s Most Modern Gas-Fired Power Plants Replacing Coal-Fired Power Station

Germany Launches One of Europe’s Most Modern Gas-Fired Power Plants Replacing Coal-Fired Power Station