Post Tagged with: "electricity generation"

EIA Power Plant Tally: Gas Plants Still Lead New Generation Capacity

EIA Power Plant Tally: Gas Plants Still Lead New Generation Capacity

NatGas combined cycle plants were 40% of proposed total capacity additions The EIA has released its report on utility-scale power plants planned and built in the United States and natural gas continues to lead the way. Power plant developers told EIA they planned to install 25.1 gigawatts (GW) of generating capacity in 2017. Here is how it developed: 7 GW (78%) came online last year as scheduled, 3 GW of planned capacity were delayed into 2018 or later, only a handful of projects were cancelled. Natural gas combined-cycle plants accounted for 10.1 GW, or 40%, of the total proposed capacity for 2017. 5GW (74%) of the planned capacity came online within the year with 2.6GW being delayed until 2018. Solar and wind added 3.9GW and 5.9GW respectively in 2017. The U.S.’s actual capacity continues to outperform the anticipated for the second year in a row, thanks to the large capacity[Read More…]

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 the need for new natural gas generation capacity and, because Florida lacks the appropriate geology for underground natural gas storage, the gas necessary for feeding the new plants must come from out of state, via pipeline. The Federal Energy Regulatory Commission (FERC) allowed the Sabal Trail natural gas pipeline to undergo full operation on July 3rd, 2017.  The pipeline is 515 miles long, stretching from Tallapoosa County, Alabama, through Georgia to the Central Florida Hub in Osceola County. The pipeline is connected to the Transco Pipeline, in Alabama, and transports natural gas into Florida for use in electricity generation. Florida itself has added 3.4 giga-watts to its natural gas-fired electricity[Read More…]

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 the United States will depend on the future of the EPA’s Clean Power Plan, according to new data from the EIA. The future of the Clean Power Plan remains undecided currently. In May of this year, the D.C. Circuit Court of Appeals made an unusual decision and announced that oral arguments to assess the merits of the EPA’s program would take place before a nine-judge panel. Typically, arguments would first be reviewed by a three-judge panel before parties appealed the case to the full panel of judges. Fate of Clean Power Plan: September 27 The decision to put the case before the full panel of judges is believed to have[Read More…]

Coal Production Hits 35-Year Low

Coal Production Hits 35-Year Low

Decreasing demand for coal in electricity generation pushes production down to levels not seen since the early 1980s Coal production in the first three months of 2016 was 173 million short tons, the lowest quarterly level in the United States since a major coal strike in the second quarter of 1981. Among the regions tracked by the EIA, the Powder River Basin (PBR) in Montana and Wyoming saw the largest decline both in terms of absolute tonnage and as a percentage of the previous quarter. Demand for coal has dropped off steeply as natural gas becomes the primary fuel source for electrical generation. Electricity generation accounts for more than 90% of domestic coal use, but environmental regulations have caused the fuel source to fall out of favor. Compounding the problem for coal producers, electricity demand is growing more slowly, while historically-low natural gas prices are making it easier for electricity[Read More…]

June 10, 2016 - 1:53 pm Closing Bell Story, Oil and Gas 360 Articles
Source: Energy.gov

Congressional Committee Attempting to Reverse 2 EPA Rules that would do More Harm than Good

House Energy and Power Subcommittee passes resolutions to stop overreach of one federal agency This week, the Energy and Power Subcommittee, chaired by Rep. Ed Whitfield (R-KY), passed two resolutions, H.J. Res 71 and H.J. Res 72, disapproving of two final rules issued by the Environmental Protection Agency (EPA) for new and existing power plants. The resolutions would provide for Congressional disapproval of each rule, and that the rules shall have no force or effect. The two resolutions of disapproval under the Congressional Review Act address the EPA’s recently published final rules to regulate carbon dioxide emissions from new and existing electric generating units. Congressional Review Act gives legislative branch the power to overturn federal agency rules The Congressional Review Act is an oversight tool that provides the legislative branch with the power to overturn a major regulation issued by a federal agency. The Act can be invoked to prevent a[Read More…]

November 5, 2015 - 3:26 pm Closing Bell Story, Oil and Gas 360 Articles, Regulatory