Global Demand for Electricity Expected to Double over the Next Two Decades Asia accounts for a 45% increase in additional new power units being planned or under construction that are currently active. The global collective push for cleaner fuels is driving a push for more natural gas amid a future wave of gas supply and expected low prices. Coal is
43 years after the start of initial construction, the Watts Bar 2 nuclear reactor is set to begin operations The first United States’ nuclear power plant to come online in two decades was connected to the power grid June 3, making it the first reactor to meet new guidelines set by the U.S. Nuclear Regulatory Commission (NRC) following the Fukushima
Southern Company, AGL Resources receive merger approval from Illinois regulators
Ameren Joins Energy Impact Partners Utility Coalition Energy Impact Partners Adds Another Utility Partner as Investment Firm Expands Its Network NEW YORK, NY–(Marketwired – Jun 7, 2016) – Energy Impact Partners LP (EIP) today announced the addition of Ameren Corporation (NYSE: AEE) to its Nexus strategic partner network. Ameren joins Southern Company (NYSE: SO), National Grid plc (NYSE: NGG), and
ALLENTOWN, Pa., June 3, 2016 /PRNewswire/ — Talen Energy Corporation (NYSE: TLN), a competitive energy and power generation company that owns or controls 16,000 megawatts of capacity in eight states, announced today that it has entered into a definitive merger agreement with affiliates of Riverstone Holdings LLC (“Riverstone”), a private investment firm. Under terms of the merger agreement, all outstanding shares of Talen Energy
D.C. court makes rare decision to bypass three-judge panel for Clean Power Plan review In an unusual move, the D.C. Circuit Court of Appeals announced that oral arguments to assess the merits of the EPA’s Clean Power Plan will now take place before a nine-judge panel, bypassing review of challenges by a three-judge panel. The original three-judge panel was scheduled
Natural Gas: the environmental movement’s strongest asset Double benefits of gas-fired power plants: NatGas emits less carbon dioxide per unit of electricity generation and consumes less fuel per unit of generation It shouldn’t be very long before the environmental movement is rallying kayakers to hold celebrations to thank U.S. E&P companies for their hard work and massive investments to find and
The Cheniere Energy (ticker: LNG) board of directors has appointed Jack Fusco as the company’s new CEO. Fusco came to Cheniere from Houston-based Calpine Corporation (ticker: CPN), whose website describes it as America’s largest generator of electricity from natural gas and geothermal resources–84 power plants in operation or under construction (only 3 aren’t natgas), 27,000 megawatts of generation capacity, customers
Thanks largely to the move by power generators from coal to gas, energy-related carbon dioxide emissions sink to 12% below 2005’s levels: EIA The natural gas industry along with its electric power generation customers have scored a big win for climate change – in the category of carbon emissions reduction. Energy-related carbon dioxide emissions have fallen to a level 12% below 2005’s levels, the EIA
Wind v. natural gas. Is it a race? To create electricity you need fuel. So you have to harvest naturally occurring resources—either the ones that exist above ground or the ones that exist underground. The underground resources—the legacy ‘go-to’ fuels that generate the U.S.’s cheap baseload electricity are coal, natural gas and uranium. The three fuels are responsible for about
RICHMOND, Va., April 27, 2016 /PRNewswire/ — Dominion (NYSE: D) has chosen longtime Questar Corp. (NYSE: STR) executive Craig C. Wagstaff to lead its western U.S. natural gas operations once the previously announced combination of Dominion and Questar is completed. Wagstaff, currently president of Questar Gas Co., will become president of Dominion Questar. He will be responsible for all current Questar
– Station’s 1,358 megawatts can power 325,000 homes – During construction more than $824 million in economic benefits was generated – Station uses efficient technology and clean natural gas RICHMOND, Va., April 26, 2016 /PRNewswire/ — The newest member of Dominion Virginia Power’s generation fleet, the 1,358 megawatt, environmentally clean Brunswick Power Station began producing electricity for the company’s
