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Tuesday, June 16, 2026

power generation

Energía del Pacífico Closes Financing on Largest Ever Foreign Direct Investment in El Salvador - oilandgas360

Energía del Pacífico closes financing on largest ever foreign direct investment in El Salvador -approximately $1 billion

December 23, 2019

PR Newswire Major liquefied natural gas (LNG)-to-power infrastructure project will meet 30% of El Salvador’s energy demand SAN SALVADOR, El Salvador, — Energía del Pacífico (EDP) today announced completion of project financing for the liquefied natural gas (LNG)-to-power project currently under construction at the Port of Acajutla, El Salvador. The transformative infrastructure project brings approximately $1 billion foreign direct investment for the Central American nation,

US has only one offshore wind energy farm, but a $70 billion market is on the way -oilandgas360

US has only one offshore wind energy farm, but a $70 billion market is on the way

December 14, 2019

CNBC According to the Department of Energy, offshore wind has the potential to generate more than 2,000 GW of capacity per year, nearly double the nation’s current electricity use. Even if only 1% of that potential is captured, nearly 6.5 million homes could be powered by offshore wind energy within the next decade. Offshore wind has the potential to generate

TC Energy to Sell Ontario Natural Gas-Fired Power Plants for US $2.18 Billion - Oil & Gas 360

TC Energy to Sell Ontario Natural Gas-Fired Power Plants for US $2.18 Billion

July 31, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 TC Energy to sell three natural gas-fired power plants to Ontario Power Generation subsidiary for USD $2.18 billion TC Energy Corporation (stock ticker: TRP), an energy infrastructure company based out of Calgary, has entered into an agreement through its wholly-owned subsidiary, TransCanada Energy Limited, to sell interests in three Ontario natural-gas

A 10-Year-Old NatGas Power Plant in California Gets the Coal Plant Treatment 

June 27, 2019

From ARS Tehnica  Late last week, General Electric told a California regulator that it would close down a 10-year-old Southern California natural gas plant because it’s no longer economically competitive in California’s energy market.  The news, first reported by Reuters, is surprising because natural gas plants tend to have 30-year lifespans on average, and natural gas is currently the cheapest fossil fuel on the market today.

Germany to Totally Exit Coal - Oil & Gas 360

Germany to Totally Exit Coal

June 5, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Proposal calls for the transition to occur by 2038 A government-appointed coal commission in Germany has laid the groundwork for a plan to phase out the use of coal completely by 2038. The move is coupled with an effort to eliminate nuclear power as well, with the goal of transitioning Germany

Electricity Giants Take Top Seats at Edison Electric Institute - Oil & Gas 360

Xcel Energy Says Goodbye to Coal

May 21, 2019

Company is expanding wind generation, using nuclear energy, adding a natural gas plant Xcel Energy announced plans today to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. Xcel plans to expand wind and solar, using natural gas and operate its carbon-free Monticello nuclear plant until at least 2040. If approved, the plan would

Energy Storage at Natural Gas Power Plants Changes Supply Dynamic - Oil & Gas 360

House Democrats Roll Out Energy Storage Tax Credit while Pushing Broader Incentives for Clean Energy

April 15, 2019

From Utility Dive Rep. Mike Doyle, D-Pa., on Thursday introduced legislation long awaited by clean energy advocates: a tax credit for energy storage technologies. H.R. 2096 aims to make energy storage technologies fully eligible for the investment tax credit (ITC) that is currently available to solar and some solar-plus-storage projects. The solar ITC is set to phase down from 30% in 2019

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