power generation Archives - Page 30 of 32

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

FERC Approves $5.2 billion Talen Energy-Riverstone Merger

October 21, 2016

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 merger would not have a detrimental effect on competitive wholesale power markets but the agency did issue certain conditions. Under

Will Rising Gas Exports and Coal Prices Make Australia an LNG Importer?

October 19, 2016

Gas Demand Growing as Coal Prices and Exports Heat Up Henry Hub aside, the real hot commodity this summer has been coal, as spot prices for Australian thermal reached $100 per ton (ASD) in September for the first time since April, 2012. The country is the world’s second largest exporter of coal, behind Indonesia. This price spike has been spurred

Solar Generation Projects Require Abundant Acreage

October 17, 2016

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 need to concentrate the sunlight onto one central collector from acres of “mirrors” and let the combined, concentrated heat from the

West Virginia Suffers Worst Industrial Job Loss since the Recession

October 12, 2016

Coal industry sheds 21% of its West Virginia jobs, no longer state’s largest industrial employer West Virginia shed more industrial jobs over the past twelve months than at any year since the end of the recession, according to a new report in the 2017 West Virginia Manufacturers Register®, an industrial database and directory published by Manufacturers’ News. According to the

U.S. Energy-related CO2 Emissions Lowest Since 1991

October 12, 2016

The EIA released data today showing that U.S. energy-related carbon dioxide (CO2) emissions totaled 2,530 million metric tons in the first six months of 2016. This was the lowest emissions level for the first six months of the year since 1991, as mild weather and changes in the fuels used to generate electricity contributed to the decline in energy-related emissions.

Arch Coal Emerges, but Falling Coal Imports Causing Ripples across the Atlantic

October 11, 2016

As the No. 2 U.S. coal miner emerges from bankruptcy, a report in Europe warns of trouble ahead for the U.K. Arch Coal, Inc. (ticker: ARCH) said last week that it has successfully completed its financial restructuring and emerged from court protection with more than $300 million of cash on its balance sheet and a debt level of $363 million—7% of

DTE to Put $1-$1.5 Billion of New NatGas Generation in Place of Coal

October 4, 2016

After announcing $1.3 billion Marcellus/Utica midstream purchase, DTE says it will replace coal with 1 Gigawatt of NatGas Capacity Michigan’s DTE Energy (ticker: DTE) is making good on its dive into natural gas. Last Monday the company announced a $1.3 billion gas infrastructure buy in the Marcellus and Utica, followed Wednesday with the announcement of an equity offering to pay for the

U.S. Gas Production, Consumption Hits Record in 2015

October 3, 2016

The market for natural gas continues to grow as the U.S. currently produces and consumes more gas than ever before, according to EIA’s 2015 Natural Gas Annual. Prices for consumers continue to decline, although residential pricing for heating remains highest in the Eastern United States. Net imports also continue to decline as the country starts to export more natural gas

Clean Power Plan Argued Before the U.S. Court of Appeals

September 29, 2016

Wyoming, West Virginia and 25 other states, industry groups and others presented arguments before the D.C. Circuit Court of Appeals on Tuesday in opposition to the Clean Power Plan. The states argued the proposed rule goes far beyond the Environmental Protection Agency’s (EPA) authority. Wyoming would be particularly impacted as the rule requires the state to reduce its carbon dioxide

Bavaria Will be Short 4 Gigawatts of Electricity when Nuke Plants Shut

September 7, 2016

Wintershall Chairman Pitches NatGas Power Plants, as Pipelines are already in Place, whereas Transmission Lines would have to be Built to Import Wind-Generation After Germany’s nuclear phase-out in 2022 Bavaria will face a base load shortfall of up to 4 gigawatts, but existing gas pipelines in the North could offer an alternative to new electricity lines. “In 2022, if not before,

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

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

July 5, 2016

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 that is coming to the power generation sector and electric utilities across the U.S. Joining California, Hawaii and New York with the nation’s most aggressive renewable

Climate Change Move from N.A. Heads of Government Could Affect the Oil & Gas Industry

June 30, 2016

Three Chief Executives Tackle Climate Change Canada’s Prime Minister Justin Trudeau, U.S. President Barack Obama, and Mexico’s President Enrique Peña Nieto joined forces in Ottawa this week expressly to demonstrate how North America has the “moral imperative to show strong leadership building on the Paris Agreement and promoting its early entry into force.” This meeting was to showcase their resolve to

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